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Sold for $5,200,000 on 09/01/23
  • Listing Provided by: 

    Daniel Assayag DRE #01762501 310-541-8271,

    Vista Sotheby’s International Realty

    Bought with: Vista Sotheby’s International Realty
    $5,200,000

    2 Possum Ridge Rd, Rolling Hills, CA 90274

    2beds
    2,016sqft
    Single Family Residence
    Built in 1949
    4.77 Acres Lot
    $4,854,900 Zestimate®
    $2,579/sqft
    $5,747 Estimated rent

    Home value

    $4,854,900

    $4.22M - $5.68M

    $5,747/mo

    Zestimate® history
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    $46,097/mo

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    What's special

    Introducing a once-in-a-lifetime opportunity: 2 Possum Ridge Rolling Hills. This remarkable property, situated on an expansive 4.7-acre lot, captivates with its sweeping vistas and unlimited potential. For the first time in an astounding 74 years, this coveted estate is ready to welcome a new chapter in its storied history. Perched high above the city, the property offers an awe-inspiring panorama that includes the dynamic skyline of downtown Los Angeles and the serene ocean views of the Redondo Beach Queens Necklace. Imagine waking up to the golden glow of sunrise over the city and winding down with the gentle hues of a Pacific sunset—each day a masterpiece of nature's canvas. At the heart of this estate is a charming 2-bedroom, 2-bathroom, 2,016 square foot home—a testament to its enduring legacy. Alternatively, for those with a vision of their dream home, this property provides a rare opportunity to create a custom masterpiece. Whether you choose to craft a new architectural marvel or reimagine the existing residence, the canvas is yours to shape. A spacious 6-car parking garage effortlessly accommodates vehicles, reflecting the lifestyle of comfort and convenience that defines this estate. Additionally, a two-story barn stable stands ready to accommodate equestrian pursuits or provide a canvas for creative possibilities. Positioned in the coveted enclave of Rolling Hills, this property offers privacy and tranquility while maintaining accessibility to the vibrant city and coastal destinations. Seize the moment to own a piece of history and craft a future filled with boundless promise. Embark on a journey of imagination, where the scenic views and abundant space set the stage for your aspirations. Whether you're drawn to the allure of the existing residence or inspired to create a visionary new abode, 2 Possum Ridge Rolling Hills is more than a property—it's a canvas for the life you've always dreamed of.

    Zillow last checked: 8 hours ago

    Listing updated: September 01, 2023 at 09:41am

    Listing Provided by:

    Daniel Assayag DRE #01762501 310-541-8271,

    Vista Sotheby’s International Realty

    Bought with:

    Daniel Assayag, DRE #01762501

    Vista Sotheby’s International Realty

    Source: CRMLS,MLS#: SB23155894MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Built-In Range
    • Laundry: Inside, Laundry Room
    Features
    • High Ceilings, Open Floorplan, Pantry
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,016 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Covered, Driveway, Garage
    • Garage spaces: 6
    • Uncovered spaces: 10
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: City Lights, Coastline, Hills, Ocean
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Lot
    • Size: 4.77 Acres
    • Features: 2-5 Units/Acre, Horse Property
    Details
    • Parcel number: 7569009008
    • Zoning: RHRAS2*
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Horse Trails, Stable(s)
    Location
    • Region: Rolling Hills

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $13,000 annually
    • Amenities included: Horse Trails, Tennis Court(s)
    • Association name: RHCA
    • Association phone: 310-544-6222

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    9/1/2023Sold$5,200,000-13.3%$2,579/sqft
    Source: CRMLS #SB23155894
    8/24/2023Pending sale$5,999,000$2,976/sqft
    Source: CRMLS #SB23155894
    8/22/2023Listed for sale$5,999,000$2,976/sqft
    Source: CRMLS #SB23155894

    Public tax history

    YearProperty taxesTax assessment
    2025$61,088 +3.3%$5,304,102 +2%
    2024$59,163 +642.9%$5,200,100 +996.9%
    2023$7,964 +9.2%$474,053 +2%

    Find assessor info on the county website

    Neighborhood: 90274

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $4,854,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $4,854,900