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5706 Mistridge Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 4 bath

5706 Mistridge Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$2,165,000
5706 Mistridge Drive, Rancho Palos Verdes, California 90275
5Beds
4Baths
2,374Sqft
9,661Lot
Year Built
1966
Close
-
List price
$2.17M
Original List price
$2.19M
Price/Sqft
$912
HOA
-
Days on market
-
Sold On
-
MLS number
PW25098203
Home ConditionExcellent
Features
Good View: Peek-A-Boo
Pool
Patio
ViewPeek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.17M(64th), sqft - 2374(50th), beds - 5(74th), baths - 4(80th).

Great new price! Check it out! This exceptional Rancho Palos Verdes home has been completely remodeled with impeccable style and every feature imaginable. The main house has 4 bedrooms and 3 bathrooms – 3 bedrooms upstairs and 1 downstairs. The fully permitted ADU has a bedroom, bathroom, full kitchen, and separate entrance, making it ideal for family or guests. Located on a large corner lot on a cul-de-sac, the property is peaceful and private, but still within walking distance of top-rated schools and parks, and near dining, shopping, and entertainment. Interior features include new hardwood floors, upgraded doors and windows, new A/C system, smart home technology, Ring security, and Starlink internet. Both kitchens in the main house and ADU have custom cabinetry, quartz counters, and stainless-steel appliances. All 4 bathrooms were also fully updated with high-end finishes. The roof was recently redone and the plumbing upgraded. Enjoy fantastic curb appeal with the smooth stucco finish, drought tolerant landscaping with drip system, lighting features, and custom garage doors and iron gates. The large backyard is a paradise for fun and entertainment, with a large heated pool, turf sports area, golf putting green, and plenty of space to relax and play. This one-of-a-kind property will not last long – come see it before it goes!

Price History

Date
Event
Price
02/21/20
Sold
$1,150,000
Condition Rating
Excellent
Despite being built in 1966, this property has undergone a complete and recent high-end renovation, as explicitly stated in the description and confirmed by the images. The kitchens in both the main house and ADU feature new custom cabinetry, quartz countertops, and stainless-steel appliances, presenting a modern and pristine look. All four bathrooms have been fully updated with high-end finishes, including contemporary vanities, sleek tiling, and modern fixtures. The property also boasts new hardwood floors, upgraded doors and windows, a new A/C system, smart home technology, a recently redone roof, and upgraded plumbing. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for an extensively renovated property.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9661, living area = 2374.
Extensive Modern Renovation: The property has undergone a complete, high-end remodel including new hardwood floors, upgraded doors/windows, new A/C, smart home tech, updated kitchens/baths with custom finishes, and recent roof/plumbing upgrades, offering a turn-key modern living experience.
Permitted Accessory Dwelling Unit (ADU): A fully permitted Accessory Dwelling Unit (ADU) with a separate entrance, bedroom, bathroom, and full kitchen provides significant flexibility for multi-generational living, guest accommodation, or potential rental income.
Exceptional Outdoor Entertainment Space: The large backyard is a true oasis featuring a heated pool, turf sports area, and a golf putting green, ideal for recreation and entertaining.
Desirable Cul-de-Sac Location: Situated on a large corner lot within a peaceful cul-de-sac, offering enhanced privacy and reduced traffic, while still being walkable to top-rated schools and parks.
Advanced Home Technology & Curb Appeal: Equipped with smart home technology, Ring security, and Starlink internet, complemented by fantastic curb appeal with smooth stucco, drought-tolerant landscaping, and custom exterior features.

Cons

Significant Price-to-Estimate Discrepancy: The current listing price ($2.165M) is considerably higher than the provided property estimation value ($1.408M), which may raise questions about market value and require strong justification to potential buyers.
Limited 'Peek-A-Boo' View: While a view exists, it is described as 'Peek-A-Boo.' In a premium market like Rancho Palos Verdes, this limited view may not meet the expectations of buyers seeking expansive ocean or city light panoramas, potentially impacting perceived value.
Original Construction Year (1966): Despite extensive modern renovations, the home's original construction year of 1966 might deter some buyers who prefer newer builds or raise concerns about potential hidden issues associated with older foundations or structural elements not covered by the remodel.

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