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1640 Paseo Del Mar, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 5 bed, 6 bath

1640 Paseo Del Mar, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE UNDER CONTRACT$5,480,000
1640 Paseo Del Mar, Palos Verdes Estates, California 90274
5Beds
6Baths
4,300Sqft
11,663Lot
Year Built
1976
Close
-
List price
$5.48M
Original List price
$6.48M
Price/Sqft
$1,274
HOA
-
Days on market
-
Sold On
-
MLS number
PV25069829
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Park/Greenbelt, Mountain(s), Ocean, Panoramic, Pool
Pool
Spa
Patio
ViewCity Lights,Coastline,Park/Greenbelt,Mountain(s),Ocean,Panoramic,Pool

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,6 Pros. Rank: price - $5.48M(93th), sqft - 4300(85th), beds - 5(78th), baths - 6(93th).

Nestled along the most prestigious street in Palos Verdes Estates, this remarkable residence enjoys an unrivaled location directly across from the bluffs. With protected parkland in front, the home boasts uninterrupted, protected panoramic ocean views stretching from the iconic Queen’s Necklace to Malibu’s Point Dume. The breathtaking scenery also includes vistas of downtown Los Angeles, the Hollywood Sign, Griffith Park Observatory, and mesmerizing city lights that twinkle along the coastline at night. Spanning approximately 4,300 square feet (buyer to verify), this expansive home features five generously sized bedrooms and six bathrooms. Upstairs, are five spacious bedrooms, with two offering stunning ocean views and access to a spacious balcony and laundry room. The primary suite is complemented by a luxurious en-suite bath, spectacular views, and dressing area. Three additional bedrooms share a second balcony overlooking the backyard and pool area. The main level is designed for seamless indoor-outdoor living, with large folding style doors that invite the coastal breeze and frame the spectacular ocean views. The open-concept dining area flows effortlessly into the spacious kitchen, family room, a home theater area, and an expansive living room with ocean views provide ample space for entertainment and relaxation. Two half baths serve this level, including one with direct backyard access for convenience when enjoying the pool and outdoor kitchen. The outdoor space is an entertainer’s dream, featuring a large yard, a built-in cooking area, a pool, and spa. Parking is plentiful, with a three-car garage accessible via the back alley and an additional parking pad that accommodates up to five more vehicles. Designed with future possibilities in mind, the home is elevator-ready and offers potential for an ADU. Originally renovated and expanded in 2013, this extraordinary property is a true estate home with breathtaking and highly sought after location. Close to award wining schools and easy access off the hill to restaurants and shopping. Owners in Palos Verdes Estates can join the beautiful Palos Verdes Golf Club, Tennis Club, and Swim Club located on the ocean.

Nearby schools

7/10
Lunada Bay Elementary School
Public,•K-5•1.1mi
9/10
Vista Grande Elementary School
Public,•K-5•1.3mi
10/10
Montemalaga Elementary School
Public,•K-5•1.5mi
9/10
Point Vicente Elementary School
Public,•K-5•2.0mi
9/10
Silver Spur Elementary School
Public,•K-5•2.5mi
9/10
Palos Verdes Intermediate School
Public,•6-8•0.7mi
9/10
Ridgecrest Intermediate School
Public,•6-8•2.6mi
8/10
Palos Verdes High School
Public,•9-12•0.2mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•2.6mi

Price History

Date
Event
Price
11/06/25
Price Change
$5,480,000-4.7%
09/30/25
Price Change
$5,750,000-3.8%
09/16/25
Price Change
$5,980,000
03/31/25
Listing
$6,480,000
03/29/11
Sold
$2,335,000
04/28/94
Sold
$861,000
Condition Rating
Good
The property, built in 1976, underwent an extensive renovation and expansion in 2013, placing it within the 'good' category's renovation timeframe (5 to 15 years ago). The kitchen features stainless steel appliances, a modern range hood, and light wood cabinetry with dark granite countertops, all in good condition. The bathrooms are spacious and well-maintained, with updated vanities and tile work, though some elements like the vessel sinks reflect the 2013 renovation style rather than current trends. Overall, the home is move-in ready with well-maintained systems, clean flooring (tile and carpet), and no immediate renovation needs, aligning with a 'good' condition rating.
Pros & Cons

Pros

Great Schools: Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Unrivaled Panoramic Views: The property boasts uninterrupted, protected panoramic ocean views from the Queen’s Necklace to Malibu, along with vistas of downtown Los Angeles, the Hollywood Sign, Griffith Park Observatory, and city lights, enhanced by its prime location directly across from bluffs and protected parkland.
Prime Location & Prestige: Nestled on a prestigious street in Palos Verdes Estates, offering access to award-winning schools and exclusive community amenities like the Palos Verdes Golf, Tennis, and Swim Clubs.
Exceptional Outdoor Entertainment: Features an entertainer’s dream outdoor space with a large yard, built-in cooking area, pool, and spa, perfect for gatherings and relaxation.
Spacious & Functional Layout: Spanning approximately 4,300 sqft with 5 bedrooms and 6 bathrooms, an open-concept main level, home theater area, and large folding doors that promote seamless indoor-outdoor living.
Future Potential & Ample Parking: Designed with future possibilities, including being elevator-ready and offering potential for an Accessory Dwelling Unit (ADU), complemented by extensive parking with a three-car garage and an additional five-vehicle parking pad.

Cons

Significant Price Adjustments: The property has undergone multiple substantial price reductions from its original listing of $6.48M to $5.48M, which may indicate market resistance or an initial overvaluation.
Age of Original Construction & Renovation Scope: Built in 1976 and renovated in 2013, the property is not a new build. The extent of the 2013 renovation is not fully detailed, potentially leaving older systems or components that may require future updates or higher maintenance costs.
Verification of Square Footage: The description notes the square footage as 'approximately 4,300 square feet (buyer to verify),' which places the onus on the buyer for due diligence and could introduce uncertainty regarding exact living space.

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