29 days on rocket

53 Marguerite Dr, Rancho Palos Verdes, CA, 90275

$9,250,000

7 Bedrooms
9 Full Baths
8,055 SqFt
$1,148/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1991
HeatingCentral
CoolingCentral Air
FireplaceDen, Living Room, Primary Bedroom
ViewBluff, Island, Other, Ocean, Panoramic
Private PoolYes
MLS #SB24060645
Lot Size1.01 Acres
StatusActive

About 53 Marguerite Dr

Bluff front ocean view, white water view, beach access trail from your backyard, experience sophisticated elegance as you enter this private gated Italian Villa estate that sits high on the bluff with panoramic views of the Pacific Ocean, stretching from Catalina to Malibu. Spanning over 8,055 square feet of meticulously designed living space, this magnificent residence boasts seven bedrooms and nine baths. Step inside to find an inviting interior that seamlessly blends modern sophistication with timeless charm. Archways and marble steps lead you to the formal living room and dining room. The gourmet kitchen is a culinary enthusiast's dream, featuring a center island cooktop, state-of-the-art appliances, and ample storage space. Adjacent to the kitchen, the dining area offers a picturesque setting for enjoying meals with family and friends while overlooking breathtaking vistas of the Pacific Ocean. The formal living room, complete with a dramatic stone fireplace and French doors creating the perfect setting for sophisticated entertaining. The master suite celebrates luxury with a fireplace, large sitting area that overlooks the ocean, his and hers baths and walk in closets. The home has additional ensuite bedrooms on both levels. The outdoor oasis is an absolute dream, featuring a beautiful pool and spa where you can unwind and soak up the California sunshine. Offering endless opportunities for enjoyment against the backdrop of sweeping ocean views. A guest house with a separate living room area ensures privacy and convenience for visitors. Indulge in the ultimate entertainment experience with a media room, a library, and a wine cellar with handpainted ceilings. Conveniently located near top-rated schools, shopping centers, and scenic hiking trails, experience the epitome of coastal living at this must see property.

Property Details

Property Features

Property Information:

  • Year Built: 1991
  • Stories: 2
  • Living Area: 8,055 SqFt

Listing Office:

  • Office Name: Realty One Group United
  • Office Phone: (310) 293-0250
  • Listing Agent: Mingli Wang

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Refrigerator
  • Interior: Built-in Features, Balcony, Bar, Atrium
  • Fireplace: Den, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 53 Marguerite Dr

3D Tour

Lot Features

Lot Information:

  • Lot: Bluff, Close to Clubhouse, Cul-De-Sac, Sloped Down, Front Yard, Lawn, Landscaped, Rectangular Lot, Sprinklers, Trees
  • Lot Size: 1.01 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Palos Verdes Dr. West, to Marguerite Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,250,000
  • Price Per SqFt: $1,148/SqFt

HOA Fees:

  • Amount: $294
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $37,016
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.7M

Med. Price/SqFt

$787

Avg. Days On Market

33

# of Sold Homes

25

53 Marguerite Dr vs Rancho Palos Verdes

29 DAYS ON ROCKET

-4 Days

$9,250,000

+$7.5M More

$1,148/SqFt

+$361 More

KEY TAKEAWAY

This property is $7.5M more than the Median Sold Price and $361/SqFt more than other homes in Rancho Palos Verdes, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24060645

Listing Office:

  • Office Name: Realty One Group United
  • Office Phone: (310) 293-0250
  • Listing Agent: Mingli Wang

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: 4/26/2024, 8:25:22 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

Nov 08, 1988Home Sold
$1,200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$37,016$3,315,801
2020$35,382$3,281,802
2019$35,120$3,217,454
2018$34,404$3,154,367
2017$34,404$3,092,518

History based on county public records data.

Payment Calculator

$46.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27.7K

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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-870828
8
/10
  • Point Vicente Elementary School

  • 30540 Rue De La Pierre

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-870829
10
/10
  • Lunada Bay Elementary School

  • 520 Paseo Lunado

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-870830
9
/10
  • Vista Grande Elementary School

  • 7032 Purple Ridge Dr

  • 1.17 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,138. Typical income of Rancho Palos Verdes, CA residents is between $35k-100k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 53 Marguerite Dr

What is the listing price of this property?

The listing price of 53 Marguerite Dr property is $9,250,000.

What type of property is this?

The property 53 Marguerite Dr is a house located in Rancho Palos Verdes, California, 90275.

Is this property for sale now?

Active Listing: 53 Marguerite Dr 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 $37,016 (source: MLS/based on county public records data).

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

The last sale was on November 8, 1988 for $1,200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 53 Marguerite Dr has 7 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 53 Marguerite Dr is 8,055 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 53 Marguerite Dr is 1991.
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Rocket HomesCaliforniaLos Angeles CountyRancho Palos Verdes9027553 Marguerite Dr

This home is located at 53 Marguerite Dr in Rancho Palos Verdes, CA and zip code 90275 in the South Bay neighborhood. This 8,055 square foot home, which was built in 1991, sits on a 1.01 acre lot. Features: 7 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $9,250,000.

In March 2024 more than 15 listings in Rancho Palos Verdes, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 9 were sold below. Between February 2024 and March 2024, Rancho Palos Verdes, CA real estate market has seen increase in the number of listings by 19.6%. The median list price of listings available in March 2024 was $1,715,154, while the average time on the real estate market was 33 days.

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

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