7 months on rocket

245 Rocky Point Rd, Palos Verdes Estates, CA, 90274

$35,000,000

7 Bedrooms
8 Full Baths, 3 Partial
12,472 SqFt
$2,806/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage7 spaces
Year Built2016
HeatingSolar
CoolingCentral Air
FireplaceFamily Room, Guest Accommodations, Living Room, Primary Bedroom, Outside
ViewIsland, Other, Ocean, Panoramic
Private PoolYes
MLS #SB23170243
Lot Size1.15 Acres
StatusActive

About 245 Rocky Point Rd

Perched on the western-most point of Palos Verdes Estates on a pristine bluff, this sprawling compound spans over 1.15 acres of lush coastal land, offering 180-degree views of California coastline. This property has never been offered on the market, presenting a rare opportunity for discerning buyers seeking luxury and seclusion along the Southern California coast. Renowned interior designer Tim Clarke meticulously curated this residence, crafted with stone and plaster to blend seamlessly with the surroundings. Behind privacy gates, the compound provides an inviting atmosphere that effortlessly combines comfort and exquisite design, creating a remarkable coastal retreat. Fully retractable sliding doors blend the boundaries between interior and exterior spaces throughout the property. The chef's kitchen boasts French limestone countertops from the ancient Massangis quarry, a Wolf 6-burner stove, a copper sink with a graceful patina and Waterworks fixtures. Reclaimed wood-beamed ceilings, French white oak, limestone floors, Roman clay plaster walls, vintage Italian chandeliers and antique fireplace mantels from France contribute to its timeless elegance and contemporary comfort. The primary suite offers breathtaking ocean views with disappearing doors, an outdoor spa, a luxurious bathroom and a bespoke walk-in closet. Landscape architect Art Luna's design harmoniously blends the coastal habitat and natural wonders of the expansive property. Sprawling lawns, limestone hardscape, and pergolas surround the pool and spa, creating an enchanting outdoor oasis that celebrates the coastal surroundings. The guest house and entertainment pavilion seamlessly blend comfort and luxury, featuring a custom indoor Italian grill, oversized dining area and multiple seating areas leading to the pool and spa area. Two generously appointed bedrooms, three and a half bathrooms, a well-equipped gym, secured wine cellar which holds over 1200 bottles of wine, and a home office area complete this idyllic retreat. This property offers a once-in-a-lifetime opportunity to experience the epitome of coastal living.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2016
  • Stories: 2
  • Living Area: 12,472 SqFt

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 938-9167
  • Listing Agent: Brittney Austin

Interior Features

Interior Information:

  • Appliances: Indoor Grill, Water Softener, Warming Drawer, Water Purifier
  • Flooring Type: Wood
  • Interior: Wet Bar, Built-in Features, High Ceilings, Open Floorplan, Stone Counters, Tandem, Multiple Primary Suites, Utility Room, Walk-In Pantry, Wine Cellar
  • Fireplace: Family Room, Guest Accommodations, Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 8
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Island, Other, Ocean, Panoramic

Parking Information:

  • Garage Space: 7 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Bluff
  • Lot Size: 1.15 Acres

Utilities

Utilities Information:

  • Heating: Solar
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Paseo Del Mar & Yarmouth Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $35,000,000
  • Price Per SqFt: $2,806/SqFt

Tax Information:

  • Annual Amount: $87,290
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palos Verdes Estates, CA.

Med. Sold Price

$2.6M

Med. Price/SqFt

$1,020

Avg. Days On Market

50

# of Sold Homes

16

245 Rocky Point Rd vs Palos Verdes Estates

223 DAYS ON ROCKET

+173 Days

$35,000,000

+$32.4M More

$2,806/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $32.4M more than the Median Sold Price and $1.7K/SqFt more than other homes in Palos Verdes Estates, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB23170243

Listing Office:

  • Office Name: Vista Sotheby’s International Realty
  • Office Phone: (310) 938-9167
  • Listing Agent: Brittney Austin

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/22/2024, 9:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2007Home Sold
$4,900,000
Jan 24, 2006Home Sold
$3,425,000

Tax History

YEARPROP. TAXASSESSMENT
2021$87,290$7,710,000
2020$90,929$7,710,000
2019$87,207$8,182,000
2018$77,189$7,715,000
2017$77,189$7,095,164

History based on county public records data.

Payment Calculator

$174.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$104.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2067804
10
/10
  • Lunada Bay Elementary School

  • 520 Paseo Lunado

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-2067805
9
/10
  • Vista Grande Elementary School

  • 7032 Purple Ridge Dr

  • 1.46 miles

  • Public District Grades KG-5

school-card-donut-2067806
8
/10
  • Point Vicente Elementary School

  • 30540 Rue De La Pierre

  • 1.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $215,241. The most common annual income of people living in Palos Verdes Estates, CA is $200k+. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 Rocky Point Rd

What is the listing price of this property?

The listing price of 245 Rocky Point Rd property is $35,000,000.

What type of property is this?

The property 245 Rocky Point Rd is a house located in Palos Verdes Estates, California, 90274.

Is this property for sale now?

Active Listing: 245 Rocky Point Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $87,290 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2007 for $4,900,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 245 Rocky Point Rd has 7 bedrooms and 8 full and 3 half bathrooms.

What is the square footage of this property?

The property 245 Rocky Point Rd is 12,472 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Rocky Point Rd is 2016.
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Rocket HomesCaliforniaLos Angeles CountyPalos Verdes Estates90274245 Rocky Point Rd

This home is located at 245 Rocky Point Rd in Palos Verdes Estates, CA and zip code 90274 in the Lunada Bay / Margate neighborhood. This 12,472 square foot home, which was built in 2016, sits on a 1.15 acre lot. Features: 7 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $35,000,000.

Over 3 listings were sold over their listed price in March 2024 in Palos Verdes Estates, CA. In the same period over 11 listings were sold below the listed price and 2 listings were sold for the listed price. In March 2024 in Palos Verdes Estates, CA there were 6.3% more homes for sale than in February 2024. Listings spent 50 days on the market in March 2024, and had a median list price of $2,600,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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