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2306 Palos Verdes Drive West W 302, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 3 bed, 2 bath

2306 Palos Verdes Drive West W 302, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$950,000
2306 Palos Verdes Drive West W 302, Palos Verdes Estates, California 90274
3Beds
2Baths
1,840Sqft
20,659Lot
Year Built
1981
Close
-
List price
$950K
Original List price
$999K
Price/Sqft
$516
HOA
$829
Days on market
-
Sold On
-
MLS number
PV25128461
Home ConditionFair
Features
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $950.0K(60th), sqft - 1840(90th), beds - 3(70th), baths - 2(50th).

The ONLY property currently available for sale under $1M in Palos Verdes Estates! Don’t miss this rare opportunity to own a beautiful, top-level condo in the heart of Lunada Bay. This light-filled home features a large living room with soaring ceilings, elegant wainscoting, and an inviting fireplace—perfect for cozy evenings or entertaining guests. The spacious formal dining area flows seamlessly into an expansive kitchen with granite countertops and an adjacent laundry room for added convenience. The generous floor plan offers three well-sized bedrooms, including a huge primary suite complete with a remodeled bathroom and an oversized closet. Two additional bedrooms and a ¾ bathroom provide ample space for family, guests, or a home office setup. Enjoy the comfort and security of a gated complex with amenities that include a private pool, elevator access, and a secured subterranean garage with two dedicated parking spaces and potential for EV charging. HOA dues cover cable, gas, trash, and water—making life that much easier. Located just one block from Lunada Bay Plaza and within a short distance of all three top-rated Palos Verdes Estates schools, this condo offers the ideal combination of space, style, and location.

Nearby schools

7/10
Lunada Bay Elementary School
Public,•K-5•0.5mi
9/10
Vista Grande Elementary School
Public,•K-5•0.9mi
9/10
Point Vicente Elementary School
Public,•K-5•1.4mi
10/10
Montemalaga Elementary School
Public,•K-5•1.7mi
9/10
Silver Spur Elementary School
Public,•K-5•2.5mi
9/10
Palos Verdes Intermediate School
Public,•6-8•0.3mi
9/10
Ridgecrest Intermediate School
Public,•6-8•2.3mi
8/10
Palos Verdes High School
Public,•9-12•0.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
11/17/25
Price Change
$950,000-4.5%
08/01/25
$995,000
06/09/25
$999,000
07/12/05
Sold
$825,000
Condition Rating
Fair
Built in 1981, this property is 43 years old. While the description notes a 'remodeled bathroom' in the primary suite and the kitchen features granite countertops, the visual evidence suggests these updates are not recent. The kitchen's wood cabinets and diagonally laid tile flooring appear dated, likely from a renovation 15-25 years ago. Appliances are mixed, with a newer stainless steel refrigerator but an older black dishwasher. Other visible areas, such as the living room and bedrooms, feature carpeting and traditional wainscoting, indicating a well-maintained but not extensively modernized interior. The property is functional and appears to have been regularly maintained, but key areas like the kitchen show signs of being outdated in style, aligning with the 'Fair' condition criteria.
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).
Exceptional Value Proposition: Positioned as the only property currently available for sale under $1M in Palos Verdes Estates, offering a rare entry point into a highly desirable and affluent community.
Prime Lunada Bay Location: Situated in the heart of Lunada Bay, providing immediate access to Lunada Bay Plaza and top-rated Palos Verdes Estates schools, enhancing lifestyle and educational opportunities.
Upscale Interior Features & Layout: Boasts a spacious floor plan with soaring ceilings, elegant wainscoting, a cozy fireplace, and a primary suite featuring a remodeled bathroom and oversized closet, contributing to a luxurious living experience.
Robust Community Amenities: Offers a secure, gated complex with a private pool, elevator access, and a subterranean garage with two dedicated parking spaces with EV charging potential, adding significant convenience and lifestyle benefits.
Comprehensive HOA Inclusions: Monthly HOA dues cover essential utilities such as cable, gas, trash, and water, simplifying budgeting and reducing additional household expenses.

Cons

Substantial Monthly HOA Dues: The $829 monthly association fee is considerable and could be a deterrent for some buyers, impacting overall affordability despite the included utilities.
Building Age & Potential for Updates: Constructed in 1981, the building is over 40 years old, which, despite some interior updates, may suggest potential for future maintenance or system upgrades not explicitly mentioned as recent.
Recent Price Reductions: The property has undergone price reductions from its original listing, which could indicate initial overpricing or a slower-than-anticipated market response, potentially affecting buyer perception.

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