Situated on a coveted street in highly desired lower Lunada Bay, this exquisite coastal Mediterranean estate, designed by renowned architect, Doug Leach, and custom built in 2009, offers unparalleled design and comfort with modern aesthetics. Excellent curb appeal with a beautifully landscaped spacious front courtyard highlighted with a decorative fountain.
This well-thought-out, open concept floor plan allows free flowing, stylish living, elegant entertaining, and multi-functional spaces. Upon entering the foyer, one is greeted with the gracious formal living and dining room to the right, and to the left a spacious guest suite with ensuite bathroom. The huge great room seamlessly integrates the family room with an impressive fireplace, and gourmet kitchen with top notch high-end stainless appliances and butler’s pantry, which is anchored by the large center island. The casual dining area leads to the gorgeous terraced rear yard.
In the upstairs living area, retreat to the beautiful owner’s suite, designed for ultimate relaxation and privacy, complete with a luxurious ensuite bathroom with dual vanities, jacuzzi spa tub, plus a substantial walk-in closet. Additionally, on the second floor, are two more spacious bedrooms, another luxurious full-sized bathroom, plus an executive office with an adjoining viewing deck (or 5th bedroom). Numerous notable features – see attached ‘Features Sheet’ in supplements.
Stunning, well-appointed, and private rear yard, beautifully designed hardscape and landscape, with multiple patios for quality everyday living and entertainment. Flow into the lower patio, just off the great room, to the sizable built-in seating surrounding a large firepit, creating a warm ambience to light up the night. Enjoy ocean and sunset views from the upper deck that boasts a generously sized outdoor kitchen, complete with imported Italian wood burning pizza oven, professional BBQ, sit-up bar and al fresco dining. Discover another level boasting a hidden lounge area.
California lifestyle at its best in this quintessential neighborhood, removed from hectic city life, yet with good on/off hill access! This idyllic location is priceless, with hiking trails and ocean bluffs - hike down to Bluff Cove for great surfing! Close to Lunada Bay Plaza for eateries, local market, hardware, liquor and pet stores, plus enjoy summer concerts in the park. Oh, and did I mention the home is just a short stroll to award winning Palos Verdes High School!
Sold for $4,800,000
Listing Provided by:
Steve Smith DRE #01100068 310-373-1584,
Compass
Bought with: Vista Sotheby’s International Realty
$4,800,000
1716 Addison Rd, Palos Verdes Peninsula, CA 90274
5beds
3,619sqft
Single Family Residence
Built in 2009
8,950 Square Feet Lot
$4,274,100 Zestimate®
$1,326/sqft
$7,893 Estimated rent
Home value
$4,274,100
$3.85M - $4.74M
$7,893/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 08, 2023 at 04:05pm
Listing Provided by:
Steve Smith DRE #01100068 310-373-1584,
Compass
Bought with:
Daniel Assayag, DRE #01762501
Vista Sotheby’s International Realty
Source: CRMLS,MLS#: PV23064212
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Enclosed Toilet, Granite Counters, Heated Floor, Jetted Tub, Low Flow Plumbing Fixtures, Linen Closet, Remodeled
Kitchen
- Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen
Heating
- Forced Air, Fireplace(s), Wood
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Built-In Range, Barbecue, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Purifier
- Laundry: Laundry Room, Upper Level
Features
- Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Wired for Sound, Bedroom on Main Level, Entrance Foyer, Multiple Primary Suites, Primary Suite, Walk-In Closet(s)
- Flooring: Stone, Wood
- Doors: French Doors
- Windows: Custom Covering(s), Skylight(s)
- Has fireplace: Yes
- Fireplace features: Gas, Gas Starter, Great Room, Living Room, Primary Bedroom, Outside, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 3,619 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Patio & porch: Deck, Open, Patio, Stone
- Exterior features: Barbecue, Lighting, Rain Gutters, Fire Pit
- Pool features: None
- Spa features: None
- Fencing: Block
- Has view: Yes
- View description: Ocean, Peek-A-Boo
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 8,950 sqft
- Features: Back Yard, Front Yard, Landscaped, Sprinklers Timer, Sprinkler System, Sloped Up
Details
- Parcel number: 7541012021
- Zoning: PVR1*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Copper Plumbing
- Roof: Spanish Tile
Condition
- Turnkey
- New construction: No
- Year built: 2009
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Biking, Hiking
Location
- Region: Palos Verdes Peninsula
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2023 | Sold | $4,800,000+11.6%$1,326/sqft |
Source:  CRMLS #PV23064212 Report a problem | ||
| 4/24/2023 | Pending sale | $4,300,000$1,188/sqft |
Source: CRMLS #PV23064212 Report a problem | ||
| 4/20/2023 | Listed for sale | $4,300,000+711.3%$1,188/sqft |
Source: CRMLS #PV23064212 Report a problem | ||
| 9/25/1998 | Sold | $530,000$146/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,967 +6.9% | $493,203 +2% |
| 2024 | $7,452 -65.2% | $483,533 -72.9% |
| 2023 | $21,431 +5.1% | $1,783,353 +2% |
Find assessor info on the county website
Neighborhood: 90274
Nearby schools
GreatSchools rating
- 8/10Lunada Bay Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Palos Verdes Intermediate SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Palos Verdes High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$4,274,100
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Estimated market value
$4,274,100
- California
- Los Angeles County
- Palos Verdes Estates
- 90274
- 1716 Addison Rd
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