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2521 Novato Place, Palos Verdes Estates, CA 90274

$5.38M3bd · 3ba · 3,586 sqft
Lot 65,179 sqft•Single Family Residence•
Active
•25d on market•MLS# OC-26219876

Property Description

Crown jewel property with one of the best views in Palos Verdes Estates. Approximately 1.5 acres. The best location for a rebuild at the end of the street on a cul-de-sac . Perched at the end of a quiet cul-de-sac in one of Palos Verdes Estates’ most desirable hillside settings, this custom-built single-story residence is situated on an exceptionally large lot of over 65,000 square feet (approx. 1.5 acres). The property offers expansive, unobstructed panoramic views encompassing the Queen’s Necklace, downtown Los Angeles skyline, SoFi Stadium, the coastline from Redondo Beach toward Malibu, and extending east to Long Beach with mountains beyond. The existing ranch-style home features thoughtful brick and wood craftsmanship throughout and includes a spacious living room, a distinctive round brick tower room, three bedrooms plus a versatile walkthrough room suitable for a variety of uses, three bathrooms, a split-level office or den overlooking a wet bar, two dining areas, and a separate bonus or entertainment room. Outdoor amenities include a pool, built-in grill, and patio designed to take full advantage of the remarkable views. A large circular driveway provides ample parking and leads to a three-car garage with additional workspace. The size and configuration of the lot offer flexibility for future expansion or potential new construction, subject to city approval. Conveniently located near award-winning Palos Verdes schools, Malaga Cove, coastal access, and with easy connectivity to the greater Los Angeles area, this property presents a rare opportunity to own a private view estate in Palos Verdes Estates.

Features & Amenities

FeeBuilt 1955

Property Details

Land Type
Fee
Year Built
1955
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
3
Heating
See Remarks, Central, Fireplace(s)
Cooling
None
View
City Lights, Coastline, Panoramic
Flooring
Vinyl, Carpet
Roof
Wood
City
Palos Verdes Estates
Zip Code
90274
County
Los Angeles
Listed byRealty Discount Corporation, Kurt Steffien

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$27,204.21
Principal & Interest
Loan Amount
$4,304,000
Total Interest
$5,489,515
Total Payment Over 30 Years
$9,793,515
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

2521 Novato Place, Palos Verdes Estates, CA 90274

Palos Verdes Estates · Single Family Residence

$5.38M
Luxury Tier
Beds
3
Baths
3
Sqft
3,586
Lot
1.50 ac
Year
1955
$/Sqft
$1500
Pool: Yes✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 12.1% above the median closed sale of $4,800,000. Price per sqft ($1,500) is a 26% premium to closed comps ($1,192). Expect a longer timeline — comps averaged 139 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $5.38M· $1,500/sqft
Total list price
Closed comps
vs closed median $4.80M
+$580K (+12.1%)
Active comps
vs active median $6.00M
−$615K (−10.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,094
+$406 (+37.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1905 Via CoronelPalos Verdes Estates1988675,92228,505$1,013$6.00M1356
4036 Via PimaPalos Verdes Estates1955553,0879,506$1,539$4.75M1954
1128 Palos Verdes DrivePalos Verdes Estates2008575,70817,030$1,050$6.00M653
1409 Via ArcoPalos Verdes Estates2013576,58429,643$911$6.00M18346
1384 Via RomeroPalos Verdes Estates1978666,27115,695$956$6.00M7342
Total: 5 · Average5.46.45,514.420,075.8$1,093.8$5.75M58.8
Median5,922$6.00M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2704 Via ElevadoPalos Verdes Estates201208/21/2026443,86719,379$4.60M$4.60M$1,1901.003864
728 Via SomontePalos Verdes Estates202606/08/2026453,80010,250$5.50M$5.35M$1,4080.9714663
412 Via AlmarPalos Verdes Estates200508/04/2026553,87510,044$5.00M$4.80M$1,2390.965160
940 Paseo La CrestaPalos Verdes Estates198104/30/2026567,73465,479$5.95M$5.10M$6590.8642356
4703 FerncreekRolling Hills Estates196005/22/2026443,17225,644$4.19M$4.65M$1,4661.113654
Total: 5 · Average4.44.84,489.626,159.2$4.90M$4.90M$1,192.4—138.8
Median3,867$4.80M$4.80M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.