989 Via Rincon, Palos Verdes Estates, California 90274, Palos Verdes Estates, 90274 - 4 bed, 4 bath

989 Via Rincon, Palos Verdes Estates, California 90274 home-pic-0
ACTIVE$2,999,000
989 Via Rincon, Palos Verdes Estates, California 90274
4Beds
4Baths
4,668Sqft
11,617Lot
Year Built
1990
Close
-
List price
$3M
Original List price
$4.2M
Price/Sqft
$642
HOA
-
Days on market
-
Sold On
-
MLS number
PV24166835
Home ConditionFair
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean, Pool
Pool
Spa
Patio
ViewCity Lights,Coastline,Mountain(s),Ocean,Pool

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.00M(62th), sqft - 4668(91th), beds - 4(50th), baths - 4(56th).

You will find this custom-designed home with excellent curb appeal on one of the most prestigious streets in the Monte Malaga section of Palos Verdes Estates. It offers a long driveway to an attached 3-car garage, and it could accommodate 5-plus parking spaces. At the street level of the main floor, it has an open and spacious living room with a fireplace, a wet bar, a formal dining room, a family room with a fireplace, and a large kitchen with a breakfast nook. Both living and family rooms have high ceilings, sliding doors open to the backyard, a laundry room next to the garage, and a lovely powder room with a make-up counter. The upper level offers 4 spacious bedrooms; two are primary and guest suites, with private view balconies, walk-in closets, and large baths. The other two share a huge bath. The private backyard has a gated area for a pool, spa, patios, and grass area. The home is bright and airy with extra wide hallways. It is a great time to add your personal touches and call it your home. It is conveniently located near schools, shopping, and restaurants! Do not miss this great opportunity!

Nearby schools

10/10
Montemalaga Elementary School
Public,K-50.4mi
9/10
Silver Spur Elementary School
Public,K-50.8mi
9/10
Vista Grande Elementary School
Public,K-51.7mi
7/10
Lunada Bay Elementary School
Public,K-52.4mi
9/10
Palos Verdes Intermediate School
Public,6-81.8mi
9/10
Ridgecrest Intermediate School
Public,6-81.9mi
10/10
Palos Verdes Peninsula High School
Public,9-121.2mi
8/10
Palos Verdes High School
Public,9-122.0mi

Price History

Date
Event
Price
08/20/98
Sold
$1,530,000
Condition Rating
Fair

Built in 1990, this home is well-maintained but shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features light wood cabinets and granite countertops that are not contemporary, and the appliances appear older. The primary bathroom has a very dated light fixture, marble/travertine finishes, and notably, carpeted flooring, which is a major detractor. The secondary bathroom also features dated tile countertops. While the overall structure and some flooring (hardwood) appear in good condition, the property explicitly requires 'personal touches' to modernize its aesthetics and bring it up to current standards, 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).
Prestigious Location: Located on one of the most prestigious streets in the Monte Malaga section of Palos Verdes Estates, offering excellent curb appeal.
Expansive Views: Boasts desirable 'City Lights, Coastline, Mountain(s), and Ocean' views, with private view balconies from key suites.
Spacious & Functional Layout: Features an open and spacious living room with high ceilings, a formal dining room, a family room, and a large kitchen with a breakfast nook.
Ample Parking Capacity: Includes a long driveway and an attached 3-car garage, with capacity to accommodate 5-plus parking spaces.
Private Outdoor Entertainment Area: The private backyard offers a gated area for a pool, spa, patios, and a grass area, perfect for outdoor living.

Cons

Requires Personalization/Updates: The property description suggests 'a great time to add your personal touches,' indicating potential need for cosmetic updates or renovations to modernize finishes.
Significant Price Adjustment: A substantial decrease from the original list price ($4.199M to $2.999M) may imply an extended market presence or a need for significant investment to meet current market expectations.
Potential for Dated Systems/Finishes: Built in 1990, the home may have original systems or finishes that could require updating to meet contemporary standards, such as HVAC or interior aesthetics.

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