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3300 W Palos Verdes Drive W, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 10 bath

3300 W Palos Verdes Drive W, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$16,888,000
3300 W Palos Verdes Drive W, Rancho Palos Verdes, California 90275
5Beds
10Baths
12,279Sqft
48,696Lot

Price Vs. Estimate

The estimated value ($14,917,524.33) is $1,970,475.67 (11%) lower than the list price ($16,888,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Point Vicente Elementary School (9/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Top Cons:
Significant Overpricing Relative to Market Estimation: The current list price of $16.888 million is notably higher than the property's estimated value of approximately $14.9 million and a comparable listing at the same address for $13.88 million, potentially impacting market appeal and requiring a price adjustment.

Compared to the nearby listings

Price:$16.89M vs avg $1.90M (+$14,988,000)99%
Size:12,279 sqft vs avg 2,396 sqft99%
Price/sqft:$1.4K vs avg $79399%

More Insights

Built in 1997 (28 years old).
Condition: Built in 1997, this opulent Italian villa, while meticulously maintained and featuring high-quality materials like Italian marble and hand-painted murals, exhibits a highly specific classical aesthetic that is now over 25 years old. The gourmet kitchen and multiple bathrooms, though luxurious for their time, likely feature appliances and fixtures from the original build, which would be considered outdated by current luxury standards and potentially past their expected lifespan. The property description also explicitly notes a 'Lack of Explicit Modern Cooling System,' a significant omission for a property of this caliber and price point. While functional and well-kept, the property requires minor updates to its systems and a stylistic refresh to align with contemporary luxury tastes, fitting the 'Fair' category's description of an aged but maintained home with functional major components showing signs of being outdated.
Year Built
1997
Close
-
List price
$16.89M
Original List price
$16.89M
Price/Sqft
$1,375
HOA
-
Days on market
-
Sold On
-
MLS number
WS24243866
Home ConditionFair
Features
Excellent View: Catalina, City Lights, Ocean, Panoramic
Deck
Patio
ViewCatalina,City Lights,Ocean,Panoramic

About this home

Discover an extraordinary Italian villa that redefines coastal luxury living along the prestigious Palos Verdes Peninsula. This magnificent estate, encompassing 12,279 square feet of meticulously crafted living space, rests gracefully on a sprawling 48,686-square-foot lot, offering an unrivaled backdrop of the Pacific Ocean and Catalina Island. The residence pays homage to European classic architecture, featuring a stunning two-story rotunda flanked by grand pillars that create an impressive arrival experience. Step inside to discover a world where artistry meets sophistication – hand-painted murals and intricate mosaics adorn the walls, while Italian marble floors flow throughout the home's thoughtfully designed spaces. All five en-suite bedrooms are equipped with a private balcony. The primary suite stands as a testament to refined living, complete with dual bathrooms, expansive walk-in closets, and sweeping ocean vistas that greet you each morning. The gourmet chef's kitchen, complemented by a convenient pantry with dumbwaiter service, caters to both intimate family meals and grand entertaining. A sophisticated library with a secret passage adds an element of intrigue, while the formal dining room showcases a remarkable ceiling inspired by Caesar's Palace, creating an atmospheric setting for memorable gatherings. Outdoor living reaches new heights with masterfully landscaped grounds featuring mature gardens, stately palm trees, and a collection of elegant fountains, including a showstopping Venetian centerpiece. The property also boasts a working vineyard which is any wine connoisseur's dream. The estate's entertainment amenities, including a wine cellar with adjacent bar and dedicated entertainment room, provide year-round spaces for hosting and relaxation. This Palladian-inspired villa offers an abundance of space for family living and sophisticated entertaining. Every detail has been carefully considered to create a harmonious blend of luxury, comfort, and timeless elegance, making this estate an exceptional offering for those seeking an incomparable Southern California lifestyle. This property is also located a short distance from the Terranea Resort and Trump National Golf Course.

Nearby schools

9/10
Point Vicente Elementary School
Public,•K-5•0.5mi
7/10
Lunada Bay Elementary School
Public,•K-5•0.6mi
9/10
Silver Spur Elementary School
Public,•K-5•3.0mi
8/10
Mira Catalina Elementary School
Public,•K-5•4.9mi
9/10
Palos Verdes Intermediate School
Public,•6-8•1.1mi
8/10
Miraleste Intermediate School
Public,•6-8•5.1mi
8/10
Palos Verdes High School
Public,•9-12•1.5mi
10/10
Palos Verdes Peninsula High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
11/29/16
Sold
$8,300,000
Condition Rating
Fair
Built in 1997, this opulent Italian villa, while meticulously maintained and featuring high-quality materials like Italian marble and hand-painted murals, exhibits a highly specific classical aesthetic that is now over 25 years old. The gourmet kitchen and multiple bathrooms, though luxurious for their time, likely feature appliances and fixtures from the original build, which would be considered outdated by current luxury standards and potentially past their expected lifespan. The property description also explicitly notes a 'Lack of Explicit Modern Cooling System,' a significant omission for a property of this caliber and price point. While functional and well-kept, the property requires minor updates to its systems and a stylistic refresh to align with contemporary luxury tastes, fitting the 'Fair' category's description of an aged but maintained home with functional major components showing signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Point Vicente Elementary School (9/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Unrivaled Panoramic Ocean & Catalina Views: The property boasts breathtaking, unobstructed panoramic views of the Pacific Ocean and Catalina Island from multiple vantage points, a premium feature for coastal luxury living.
Exceptional Architectural Design & Bespoke Finishes: This Italian villa showcases European classic architecture with a grand rotunda, hand-painted murals, intricate mosaics, Italian marble floors, and unique design elements like a Caesar's Palace-inspired dining room ceiling, offering unparalleled artistry and sophistication.
Extensive Luxury Amenities & Entertainment Features: The estate is replete with high-end amenities including a gourmet chef's kitchen with dumbwaiter, a sophisticated library with a secret passage, a working vineyard, a wine cellar with an adjacent bar, and a dedicated entertainment room, catering to a luxurious lifestyle.
Spacious Estate with Masterfully Landscaped Grounds: Encompassing 12,279 sqft of living space on a sprawling 48,686 sqft lot, the property offers abundant space for grand living and entertaining, complemented by mature gardens, stately palm trees, and elegant fountains.
Prime Coastal Location & Proximity to High-End Resorts: Situated in prestigious Rancho Palos Verdes, the property is a short distance from the Terranea Resort and Trump National Golf Course, offering access to world-class amenities and a highly-rated school district.

Cons

Significant Overpricing Relative to Market Estimation: The current list price of $16.888 million is notably higher than the property's estimated value of approximately $14.9 million and a comparable listing at the same address for $13.88 million, potentially impacting market appeal and requiring a price adjustment.
Highly Specific and Opulent Interior Aesthetic: While luxurious, the highly ornate and classical Italian villa style with hand-painted murals and intricate mosaics may appeal to a niche buyer, potentially limiting the broader market of ultra-luxury purchasers who might prefer a more contemporary or understated design.
Lack of Explicit Modern Cooling System: The property description does not explicitly mention a modern cooling system (e.g., central air conditioning), which is a standard expectation for a luxury estate of this caliber and price point, even in a coastal climate.

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