A sprawling custom-built home on an exceptional property with breathtaking views is being offered in the prestigious Montemalaga area of Palos Verdes Estates! It features a large living room, a round brick castle tower room, three bedrooms (actually four… one is a walkthrough that could be used as an art studio or nursery etc..), three baths, a split-level office/den over a wet bar, two dining areas and a separate entertainment/bonus room. This single-story ranch-style residence has remarkable brick and woodwork construction. Outside, there is a pool, built-in grill, and patio that shares the view. All this sits at the end of a cul-de-sac, giving it great privacy. A large circular driveway brings you up to a three-car garage with a workspace and plenty of parking. This lot is extremely rare and unique. It is over 65,000 square feet, almost 1.5 acres, allowing one to build a large footprint new construction home if desired. Another reason to purchase this property is simply the view! Amazing and unblocked, this view looks at the Queen’s Necklace, downtown Los Angeles and the So-fi center, and the coastline from Redondo up toward Malibu and further west and all the way back across to Long Beach and further to the east with mountains in the distance. This area is desirable for many reasons: schools, safety, areas like Malaga Cove and the beach nearby, access to the LA basin, and fine living. Come see this once-in-a-lifetime opportunity!
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1955
Stories: 1
Living Area: 3,586 SqFt
Listing Office:
Office Name: Realty Discount Corporation
Office Phone: (562) 673-3873
Listing Agent: Kurt Steffien
Interior Features
Interior Information:
Appliances: Range, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Water Heater, Dryer, Washer
Flooring Type: Carpet, Vinyl
Interior: Wet Bar, Built-in Features, Brick Walls, High Ceilings, Pantry, Storage, Bar, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Workshop
Fireplace: Family Room, Outside
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: Yes
View: City Lights, Other, Panoramic
Parking Information:
Garage Space: 3 spaces
Attached Garage: No
Lot Features
Lot Information:
Lot: Back Yard, Cul-De-Sac
Lot Size: 1.50 Acres
Utilities
Utilities Information:
Heating: Central, Fireplace(s), Natural Gas, Other
Cooling: None
Other
Directions Information:
Directions: Granvia Altamria / Novato Pl
Price Information
Listing Price Info
Price Summary:
List Price: $6,630,000
Price Per SqFt: $1,849/SqFt
Tax Information:
Annual Amount: $5,931
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palos Verdes Estates, CA.
This property is $3.9M more than the Median Sold Price and $830/SqFt more than other homes in Palos Verdes Estates, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC24084799
Listing Office:
Office Name: Realty Discount Corporation
Office Phone: (562) 673-3873
Listing Agent: Kurt Steffien
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: 6/1/2024, 10:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,931
$384,326
2020
$5,738
$380,387
2019
$5,439
$372,930
2018
$4,298
$365,619
2017
$4,298
$358,451
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$33.1K
Per Month
Principal & Interest
$33K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$19.9K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Cornerstone At Pedregal Elementary School
6069 Groveoak Pl
Distance between this listing and this school0.24 miles
Public District Grades KG-5
9
/10
Montemalaga Elementary School
1121 Via Nogales
Distance between this listing and this school0.50 miles
Public District Grades KG-5
8
/10
Silver Spur Elementary School
5500 Ironwood St
Distance between this listing and this school0.69 miles
Public District Grades KG-5
Nearby Schools
9
/10
Ridgecrest Intermediate School
28915 Northbay Rd
Distance between this listing and this school1.71 miles
Public District Grades 6-8
9
/10
Edward J. Richardson Middle School
23751 Nancylee Ln
Distance between this listing and this school1.74 miles
Public District Grades 6-8
9
/10
Palos Verdes Intermediate School
2161 Via Olivera
Distance between this listing and this school1.80 miles
Public District Grades 6-8
Nearby Schools
10
/10
Palos Verdes Peninsula High School
27118 Silver Spur Rd
Distance between this listing and this school1.03 miles
Public District Grades 9-12
10
/10
South High School
4801 Pacific Coast Hwy
Distance between this listing and this school1.89 miles
Public District Grades 9-12
10
/10
Palos Verdes High School
600 Cloyden Rd
Distance between this listing and this school2.11 miles
The neighbors living near this home have an average income of $125,000. Most Palos Verdes Estates, CA residents have annual incomes $200k+. Typical family type is married, no kids. 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 2521 Novato Pl
What is the listing price of this property?
The listing price of 2521 Novato Pl property is $6,630,000.
What type of property is this?
The property 2521 Novato Pl is a house located in Palos Verdes Estates, California, 90274.
Is this property for sale now?
Active Listing: 2521 Novato Pl 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 $5,931 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2521 Novato Pl has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 2521 Novato Pl is 3,586 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2521 Novato Pl is 1955.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2521 Novato Pl in Palos Verdes Estates, CA and zip code 90274 in the Monte Malaga neighborhood. This 3,586 square foot home, which was built in 1955, sits on a 1.50 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $6,630,000.
In May 2024 more than 1 listings in Palos Verdes Estates, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below. Between April 2024 and May 2024, Palos Verdes Estates, CA real estate market has seen increase in the number of listings by 5.6%. The median list price of listings available in May 2024 was $2,632,500, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Men's Tennis
Men's Tennis
Skiing/snowboarding
PGA/LPGA
Bloomingdales
Nordstrom
Chico's
Bonefish Grill
California Pizza Kitchen
Qdoba
Lexus
BMW
Cadillac
News
Talk/Personality
Classical