1508 Paseo La Cresta, Palos Verdes Estates, CA 90274

$3,199,000
List Price
$3,199,000
Price Change
▼ $300,000 1551498149
Status
ACTIVE
MLS#
SB19045784
Lot Size
33,656
Acres
0.7726
Lot Location
Lot 20000-39999 Sqft, Value In Land
Days on Market
83
Property Type
Land

Property Description

This may be one of the best opportunities you’ll find in the Los Angeles Basin today. Located in the affluent and highly desirable community of Palos Verdes Estates, sits this amazing 33,656 square foot, spectacular view lot that features blue water to Hollywood sign views. From a future 2nd floor, the views will be magnificent and breath-taking. For the local developer, this is an excellent opportunity to bring a 10,000 square foot estate home to the market with a future value well north of $11,000,000. But we have a much better idea—You build this home for you and your family, with an estimated cost just under $8,000,000. We’re talking instant equity—you’ll be saving millions and you’ll be living in one of the most amazing homes in the area. By our simple math, building your own dream home can save you nearly 30% (when compared to purchasing a completed dream home from a developer.) The lot features 152 feet of frontage.

Additional Information

Lot Description
Curbs, Storm Drains, Suburban
View
Catalina, Coastline, Mountain(s), Ocean, Panoramic
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Blake Roberts from Pier to Pier Brokers, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.