1502 Paseo La Cresta, Palos Verdes Estates, CA 90274 (MLS # PV25020681)

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PRICE $7,995,000 dsIDX morgage calculator
BEDS 6
BATHS 6
HOME SIZE 7,556 sqft
LOT SIZE 31,237 sqft

In Montemalaga’s most prestigious enclave, where true wealth is measured by elegance & enduring quality, this ocean-view tennis estate stands as a testament to timeless grandeur. Behind private gates, a sweeping drive leads to a supreme masterpiece. Step into the grand foyer - framed by a double spiral staircase and domed skylight - sets the tone for a home built with precision and artistry. The formal living room, with its luxuriant wood floors, soaring windows framing the Pacific, and an ornately carved fireplace, exudes refinement. A formal dining room, anchored by a cozy fireplace, showcases thick moldings, stone flooring & built-in cabinetry -designed to entertain with grace. The kitchen is a chef’s sanctuary, centered around a commanding island and include a casual dining area. Every element, from the oversized Sub-Zero refrigerator to the Viking range and trio of Thermador ovens, speaks to a commitment to excellence. A sunlit breakfast room opens to the backyard, while the adjacent family room offers seamless access to a fire pit lounge and an outdoor BBQ and bar. A main floor guest suite ensures visitors experience both hospitality and seclusion. ON THE UPPER LEVEL, the primary suite is an opulent sanctuary, boasting breathtaking ocean views, a grand fireplace, private balcony, a Hollywood-inspired closet, and an adjoining office/bedroom suite. The spa-like bath features a deep soaking tub & steam sauna shower. Additional bedrooms, each impeccably appointed, provide comfort without ostentation. For the true connoisseur of leisure, the estate offers an entertainment room with a wet bar, coffered ceiling & a concealed drop-down screen, all framed by sweeping ocean vistas. A wine room, adorned with rich wood cabinets, paneling and a pool table, offers the perfect setting to savor the finest vintages. Outdoors, resort-like amenities abound: a saltwater pool & spa, multiple lounge areas, fireplace, heat lamps & fountain, and an outdoor BBQ/bar/dining area unfold in effortless sophistication. The championship tennis court, recently resurfaced, features a viewing terrace against an endless ocean horizon. Winding, lighted pathways lead through hidden vegetable gardens, offering a quiet homage to a life well-lived. With rich wood floors, handcrafted cabinetry, 6 fireplaces, arched doorways & intricate stonework, this estate is a statement of timeless grandeur—a rare opportunity to own a true legacy of refinement and grace.

DAYS ON MARKET 46 LAST UPDATED 3/24/2025
YEAR BUILT 2000 COMMUNITY Monte Malaga
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Palos Verdes Peninsula Unified
Elementary School Montemalaga
Jr. High School Palos Verdes
High School Peninsula

PRICE HISTORY
Prior to Mar 24, '25 $8,500,000
Mar 24, '25 - Today $7,995,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Ice Maker, Indoor Grill, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Heater, Water Purifier, Water To Refrigerator
AREA Monte Malaga
EXTERIOR Barbecue, Fire Pit, Lighting
FIREPLACE Yes
GARAGE Circular Driveway, Direct Access, Door-Multi, Electric Gate, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Storage, Yes
HEAT Central, Zoned
HOA DUES 0
INTERIOR Balcony, Breakfast Area, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Central Vacuum, Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Paneling/Wainscoting, Pantry, Recessed Lighting, Separate/Formal Dining Room, Stone Counters, Sunken Living Room, Two Story Ceilings, Wet Bar
LOT 0.72 acre(s)
LOT DESCRIPTION Back Yard, Front Yard, Garden, Landscaped
PARKING Circular Driveway,Door-Multi,Direct Access,Electric Gate,Electric Vehicle Charging Station(s),Garage,Garage Door Opener,Garage Faces Side,Storage
POOL Yes
POOL DESCRIPTION Heated,In Ground,Private,Salt Water
SEWER Public Sewer
STORIES 2
UTILITIES Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
VIEW Yes
VIEW DESCRIPTION Park/Greenbelt,Ocean,Panoramic
WATER Public
ZONING PVR1YY
MORTGAGE CALCULATOR
   

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Listed with Keller Williams Palos Verdes

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/3/25 11:52 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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