47 Santa Catalina Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 5 bath

47 Santa Catalina Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$3,370,000
47 Santa Catalina Drive, Rancho Palos Verdes, California 90275
5Beds
5Baths
4,269Sqft
14,661Lot
Year Built
1987
Close
-
List price
$3.37M
Original List price
$3.55M
Price/Sqft
$789
HOA
$910
Days on market
-
Sold On
-
MLS number
PV25034202
Home ConditionExcellent
Features
Good View: Ocean, Peek-A-Boo
Deck
Pool
Spa
Patio
ViewOcean, Peek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.37M(94th), sqft - 4269(93th), beds - 5(74th), baths - 5(89th).

**Available for Seller Financing at sub 5% interest rate!!** As you enter the private community of The Island View, you feel the premium quality of living with the elegant homes that flow in luxury uniform. At the end of a cul-de-sac, you will find 47 Santa Catalina Drive, a stunning 5 bedroom and 4.5 bathroom home with remarkable features and quality. Upon entering the home, you are greeted by the grand foyer with its vaulted ceilings and an impressive curved staircase. The foyer opens up to the formal living room with beautiful casement windows, high ceilings, surround sound speakers, and a fireplace; which seamlessly connects to the large formal dining room with French doors that look out to the green landscape. Enjoy cooking in the remodeled chef’s kitchen with custom cabinetry and pullouts throughout, a built-in Thermador fridge, island, and breakfast nook. Off the kitchen is the family room that is perfect for entertaining as it hosts an elegant wet bar, surround sound speakers, fireplace, and French doors that lead to the pergola covered backyard, ideal for indoor/outdoor fun! The private backyard offers a heated saltwater pool with a saline filter, jacuzzi, ample hardscape space, and two large grass areas; great for hosting large gatherings! Additional features to note on the first floor include the powder room with Crema Marfil marble, the fifth bedroom (used as an office) with a fully remodeled ensuite bathroom, laundry, and direct access to the 3 car garage. Upstairs hosts an oversized primary suite with its own private balcony, three closets, and a custom fully remodeled bathroom with a soaking tub and marble tile. There are three additional bedrooms upstairs (one with an ensuite), a fully remodeled shared bathroom, and a massive bonus room equipped with the third fireplace, wooden beamed ceilings, and a balcony with peak-a-boo ocean views; perfect for a play room or additional lounging area to enjoy the sunsets. A few more features include a new HVAC system and ductwork, hardwood floors, new non-toxic and chemical free wool carpet, zero VOC paint throughout, and new exterior paint. The Island View community comes with 2 tennis courts, a scenic park area, an evening private guard, and private entrances to some of Palos Verdes’s most coveted hiking trails with breathtaking panoramic views. This home is conveniently close to Golden Cove Plaza, Peninsula Center, Terrenea Resort, and is within the award winning Palos Verdes School District!

Nearby schools

9/10
Vista Grande Elementary School
Public,K-51.7mi
9/10
Ridgecrest Intermediate School
Public,6-80.6mi
10/10
Palos Verdes Peninsula High School
Public,9-121.6mi
8/10
Palos Verdes High School
Public,9-122.9mi

Price History

Date
Event
Price
07/19/21
Sold
$3,100,000
Condition Rating
Excellent

Despite being built in 1987, this property has undergone extensive, high-quality renovations that align with the 'excellent' criteria of being 'fully renovated recently.' The listing explicitly mentions a 'remodeled chef’s kitchen with custom cabinetry and a built-in Thermador fridge,' 'custom fully remodeled bathroom with a soaking tub and marble tile' in the primary suite, and 'fully remodeled shared bathroom.' Key system upgrades include a 'new HVAC system and ductwork.' Aesthetic and functional updates feature 'hardwood floors,' 'new non-toxic and chemical free wool carpet,' 'zero VOC paint throughout,' and 'new exterior paint.' The images corroborate these descriptions, showcasing modern, luxurious finishes in the kitchen and bathrooms, and a meticulously maintained overall appearance. All major components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Vista Grande Elementary School (9/10). Middle School: Ridgecrest Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Attractive Seller Financing: The availability of seller financing at a sub 5% interest rate is a significant advantage, making the property more accessible and financially appealing to buyers in the current market.
Extensive Recent Upgrades & Modernization: The home boasts numerous recent high-quality updates including a new HVAC system and ductwork, hardwood floors, new non-toxic wool carpet, zero VOC paint, new exterior paint, a remodeled chef’s kitchen, and custom remodeled bathrooms, ensuring a move-in ready condition.
Resort-Style Outdoor Living & Entertainment: The private backyard features a heated saltwater pool with a saline filter, jacuzzi, ample hardscape, and two large grass areas, complemented by a pergola-covered patio and an elegant wet bar indoors, ideal for entertaining and luxurious outdoor living.
Exclusive Community & Amenities: Located within the private 'The Island View' community, residents benefit from exclusive amenities such as two tennis courts, a scenic park, an evening private guard, and private access to coveted hiking trails with panoramic views, offering a premium lifestyle and security.
Top-Tier School District & Desirable Location: The property is situated within the award-winning Palos Verdes School District and is conveniently close to Golden Cove Plaza, Peninsula Center, and Terrenea Resort, enhancing its appeal to families and ensuring strong long-term value.

Cons

Significant Overpricing (Based on Estimation): The listing price of $3.37M is substantially higher than the estimated property value of $2.276M, indicating a potential overpricing of approximately 32% which could deter buyers or prolong market time.
Limited Ocean Views: While the bonus room offers 'peak-a-boo ocean views' and the community hiking trails provide panoramic views, the property description does not suggest expansive, sweeping ocean views from multiple primary living areas, which is often a highly sought-after feature in this market segment.
Age of Original Construction: Built in 1987, despite extensive remodeling, the underlying structure and original layout are older compared to some newer luxury homes in the area (e.g., built in 2008 or 1997), which might be a consideration for buyers seeking more contemporary architecture or newer foundational systems.

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