3 months on rocket

2901 Via Alvarado, Palos Verdes Estates, CA, 90274

$3,625,000

4 Bedrooms
3 Full Baths
2,490 SqFt
$1,456/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage6 spaces
Year Built1963
HeatingCentral
CoolingNone
FireplaceFamily Room
ViewIsland, Ocean, Water
Private PoolYes
MLS #SB24009087
Lot Size0.56 Acres
StatusActive

About 2901 Via Alvarado

Massive almost 300k price drop on one of the rarest properties in Lunada Bay! This truly one of a kind estate is a canvas for both the current residence and the future luxurious home. The current homes is move in ready with 2,490 sqft and approved plans for 6,267 sqft house. The property is a retreat into a world of elegance, comfort, and awe-inspiring vistas, situated on one of PVE’s largest and flat OCEAN/CATALINA VIEW LOT. Additional allure lies in the potential for these views to become even more magnificent with the approved plans for a large second story, and expanded first. Future homeowners will enjoy vast panoramic vistas of the ocean, creating a living experience defined by its breathtaking surroundings. Currently, the home sits move-in ready with stainless steel appliances, quartz countertops, and refinished pool with pebble tec. Live in and enjoy the home before you build or simply add on to the existing footprint! The new residence plans are for over 7,000 customizable sq ft. The future home, boasting a remarkable 6,267 sq ft of living space, is a testament to opulence and design. Additionally, the plans include a 1,260 sq ft workshop with 6 car garage, catering to an avid car collection or allowing room for various hobbies. This transformative potential makes 2901 Via Alvarado one of the most unique and desirable investments of the new year. The property's massive lot, a rarity in Palos Verdes Estates, offers both privacy and space. It includes a huge grass yard—over double the size for this neighborhood—with an abundance of room to entertain, plant a garden, add a pickleball court, or lounge by your beautiful pool. This property represents a unique opportunity: a beautiful, functional home today and the potential for a majestic, custom-designed residence tomorrow. It's a rare offering that combines present comfort with future grandeur, all set in a location known for its exclusivity and tranquility. It provides an exclusive lifestyle that blends indoor comfort with outdoor splendor. Living in Palos Verdes Estates means being part of a quiet, secluded, and affluent community, known for its amazing hiking trails, oceanfront beach club, historic golf and tennis clubs, and highly regarded public schools. This property is easy access to Terranea Resort, Golden Cove shopping center and Trump National Golf Club. If you plan on building from the start, the hard part has been completed for you. Break ground the day escrow closes.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1963
  • Stories: 1
  • Living Area: 2,490 SqFt

Listing Office:

  • Office Name: Jensen Realty
  • Office Phone: (310) 809-2891
  • Listing Agent: Devin Jensen

Interior Features

Interior Information:

  • Appliances: Range, Convection Oven, Dishwasher, Water Heater
  • Interior: Beamed Ceilings, Ceiling Fan(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Island, Ocean, Water

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn
  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Palos verdes Dr W to Via Anacapa to via sola corner of alvarado

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,625,000
  • Price Per SqFt: $1,456/SqFt

Tax Information:

  • Annual Amount: $28,505
  • 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

2901 Via Alvarado vs Palos Verdes Estates

96 DAYS ON ROCKET

+46 Days

$3,625,000

+$1.0M More

$1,456/SqFt

+$436 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $436/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: #SB24009087

Listing Office:

  • Office Name: Jensen Realty
  • Office Phone: (310) 809-2891
  • Listing Agent: Devin Jensen

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, 6:20:22 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

Sep 17, 2021Home Sold
$2,955,000
Feb 27, 2019Home Sold
$2,400,000

Tax History

YEARPROP. TAXASSESSMENT
2021$28,505$2,473,361
2020$23,351$2,448,000
2019$3,563$224,568
2018$2,673$220,165
2017$2,673$215,849

History based on county public records data.

Payment Calculator

$18.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.9K

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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-2008302
10
/10
  • Lunada Bay Elementary School

  • 520 Paseo Lunado

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-2008303
8
/10
  • Point Vicente Elementary School

  • 30540 Rue De La Pierre

  • 0.80 miles

  • Public District Grades KG-5

school-card-donut-2008304
9
/10
  • Vista Grande Elementary School

  • 7032 Purple Ridge Dr

  • 0.95 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. Typical income of Palos Verdes Estates, CA residents is $200k+ annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2901 Via Alvarado

What is the listing price of this property?

The listing price of 2901 Via Alvarado property is $3,625,000.

What type of property is this?

The property 2901 Via Alvarado is a house located in Palos Verdes Estates, California, 90274.

Is this property for sale now?

Active Listing: 2901 Via Alvarado 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 $28,505 (source: MLS/based on county public records data).

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

The last sale was on September 17, 2021 for $2,955,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2901 Via Alvarado has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2901 Via Alvarado is 2,490 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2901 Via Alvarado is 1963.
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Rocket HomesCaliforniaLos Angeles CountyPalos Verdes Estates902742901 Via Alvarado

This home is located at 2901 Via Alvarado in Palos Verdes Estates, CA and zip code 90274 in the Lunada Bay / Margate neighborhood. This 2,490 square foot home, which was built in 1963, sits on a 0.56 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $3,625,000.

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. Between February 2024 and March 2024, Palos Verdes Estates, CA real estate market has seen increase in the number of listings by 6.3%. The median list price of listings available in March 2024 was $2,600,000, while the average time on the real estate market was 50 days.

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

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