1533 Via Lopez, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 6 bed, 8 bath

1533 Via Lopez, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE UNDER CONTRACT$9,488,000
1533 Via Lopez, Palos Verdes Estates, California 90274
6Beds
8Baths
8,610Sqft
29,975Lot
Year Built
2011
Close
-
List price
$9.49M
Original List price
$10.99M
Price/Sqft
$1,102
HOA
-
Days on market
-
Sold On
-
MLS number
PV23205952
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Hills, Neighborhood, Ocean, Pool, Trees/Woods, Water
Pool
Spa
Patio
ViewCity Lights,Canyon,Hills,Neighborhood,Ocean,Pool,Trees/Woods,Water

About this home

We found 3 Cons,5 Pros. Rank: price - $9.49M(96th), sqft - 8610(99th), beds - 6(94th), baths - 8(97th).

This magnificent villa was built in 2011 and then updated in 2019 and 2020. This home includes exquisite details of high-end European interior design, the ultimate in luxury and refinement. It has 5 bedrooms ensuite, a separate helper’s quarter with its own entry and laundry room, a formal living room, a huge family room, a game room, a study, an elegant dining room, a gourmet kitchen with a breakfast nook, a full bar counter, and butler’s pantries. They equipped all bedrooms with Jacuzzi tubs and Toto water closets. The primary bedroom offers his and her closets with built-in cabinets, a spacious bath with separated toilets, double sinks, a huge steam shower, and a beautifully designed make-up table with mirrors and sconces. The home also offers elegant light fixtures, custom multi-layered window coverings, carved stone fireplaces, a wine cellar, two wet bars, an elevator, central air, Creston system, Venetian paint in all public areas, marble/Onex/stone/wood floors, etc. This home has about 8700 sq. ft. on a lot of appx. 30,000 sq. ft. with lovely ocean and far coastline views; fully landscaped with pool, spa, fire pit, gazebo, putting green, tennis court, circular driveway, and a 4-car garage. It is fully fenced and gated. They will sell it furnished with just a few items excluded with sentimental value to them. The art and decoration items are not included. Too many features to list, seeing is believing, one of the very few homes available on the market with such elegant taste. Just bring your suitcases and call it your home!

Condition Rating
Excellent

This property, built in 2011, underwent extensive updates in 2019 and 2020, placing it well within the 'extensively renovated within 5 years' criterion for an excellent score. The description highlights a 'gourmet kitchen' with a full bar and butler's pantries, and bathrooms featuring 'Jacuzzi tubs and Toto water closets,' a 'huge steam shower,' and double sinks, all indicative of high-end, modern finishes. The presence of 'elegant light fixtures,' 'marble/Onex/stone/wood floors,' 'central air,' and a 'Creston system' further confirms that all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Luxury Amenities & Finishes: The property boasts exquisite high-end European interior design, including marble/Onex/stone/wood floors, carved stone fireplaces, a wine cellar, two wet bars, an elevator, a Crestron system, Jacuzzi tubs, and a huge steam shower, offering unparalleled luxury.
Resort-Style Outdoor Living: An expansive 30,000 sq. ft. lot features a fully landscaped backyard with a pool, spa, fire pit, gazebo, putting green, and a tennis court, providing comprehensive recreational and entertaining options.
Expansive & Thoughtful Layout: With 8610 sq. ft. of living space, the home offers 6 bedrooms (5 ensuite), a separate helper's quarter, multiple living areas (formal, family, game room, study), and a gourmet kitchen with butler's pantries, catering to diverse needs.
Desirable Views: The property provides lovely ocean and far coastline views, complemented by city lights, canyon, hills, and trees/woods, enhancing its aesthetic appeal and value.
Modern Construction & Recent Updates: Built in 2011 and significantly updated in 2019 and 2020, the home benefits from contemporary construction standards and recent enhancements, minimizing immediate maintenance concerns.

Cons

Extended Market Time & Price Reduction: The property was on the market for a significant period (from November 2023) and experienced a substantial price reduction from its original listing, potentially indicating challenges in initial valuation or market absorption for its price point.
Niche Aesthetic Appeal: The 'exquisite details of high-end European interior design' and specific finishes like 'Venetian paint' cater to a very particular taste, which could narrow the pool of potential buyers.
Partial Furnishing & Decor Investment: While offered furnished, the exclusion of 'art and decoration items' and 'sentimental items' means a new owner would still need to invest considerably in personalizing and completing the home's aesthetic.

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