2229 Via Cerritos, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 4 bath

2229 Via Cerritos, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$3,100,000
2229 Via Cerritos, Palos Verdes Estates, California 90274
3Beds
4Baths
4,480Sqft
20,203Lot
Year Built
1969
Close
-
List price
$3.1M
Original List price
$3.7M
Price/Sqft
$692
HOA
-
Days on market
-
Sold On
-
MLS number
PW25037831
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Coastline, Ocean
Deck
Pool
Spa
Patio
ViewCatalina,City Lights,Coastline,Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $3.10M(63th), sqft - 4480(89th), beds - 3(32th), baths - 4(56th).

Perched on a sprawling 20,000 sqft lot, this stunning estate offers breathtaking ocean views from every window and city views stretching to the Hollywood sign. Designed for luxury and limitless potential, the expansive interior is a blank slate ready for your personal touch. The grand primary suite features a lavish bath, walk-in dressing room, and abundant closet space. The open-concept kitchen flows seamlessly into a formal dining area or den, framed by floor-to-ceiling windows and sliding doors leading to scenic decks overlooking the pool area. The impressive main living room,complete with a fireplace,offers panoramic ocean and city views. With two additional spacious bedrooms, an office (or potential fourth bedroom),and a massive family room perfect for entertaining, and style. A private enclosed patio with a spa, plus a 4-car garage featuring 220-amp service and a mechanics pit—perfect for a wine cellar—add the finishing touches to this extraordinary retreat. A rare opportunity to create your dream home in a truly spectacular setting! Additionally, this house was built to land a jet on, with oversize beams, and a 3" thick tongue and grove ceiling.

Price History

Date
Event
Price
10/16/25
Price Change
$3,100,000-16.2%
02/20/25
Listing
$3,700,000
Condition Rating
Fair

Built in 1969, this property is 55 years old and largely retains its original or very dated aesthetic. The kitchen features severely outdated light wood cabinets, dark worn countertops, and older black appliances (double oven, refrigerator, dishwasher). Bathrooms, as glimpsed, also appear dated. Throughout the home, there are dated carpets, linoleum/vinyl flooring, bold patterned wallpaper, and old light fixtures (e.g., fluorescent lights). While the description highlights strong structural integrity, the interior is a 'blank slate' requiring extensive cosmetic and system updates to meet modern standards. Major components are functional but show significant signs of being outdated, necessitating substantial renovation rather than just minor repairs.
Pros & Cons

Pros

Unrivaled Panoramic Views: The property boasts breathtaking ocean, Catalina, coastline, and city views, including the Hollywood sign, from nearly every window, offering a truly spectacular setting.
Exceptional Structural Integrity: Custom-built with oversized beams and a 3" thick tongue and groove ceiling, indicating superior construction quality and long-term durability.
Expansive Lot & Desirable Location: Situated on a sprawling 20,000 sqft lot in the prestigious Palos Verdes Estates, providing ample space, privacy, and a highly sought-after address.
Versatile & Spacious Interior: A generous 4,480 sqft floor plan with a grand primary suite, multiple living areas, and an office (or potential fourth bedroom), offering significant space and customization potential.
Unique Garage & Outdoor Amenities: Features a 4-car garage with 220-amp service and a mechanics pit (ideal for a wine cellar conversion), complemented by a private spa patio and decks overlooking a pool area.

Cons

Dated Interior & Renovation Required: Built in 1969 and described as a 'blank slate,' the property likely requires significant modernization and personal investment to meet contemporary luxury standards.
Significant Price Reduction: A substantial price drop from the original $3.7M to $3.1M suggests initial overpricing or challenges in attracting buyers, potentially indicating market resistance or perceived value issues.
Potential for High Renovation Costs: While offering 'limitless potential,' the extent of the required updates for a luxury home of this age and scale could lead to considerable additional investment beyond the purchase price.

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