3 months on rocket

2521 Novato Pl, Palos Verdes Estates, CA, 90274

$6,529,000

3 Bedrooms
3 Full Baths
3,586 SqFt
$1,821/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built1955
HeatingCentral, Fireplace(s), Natural Gas, Other
CoolingNone
FireplaceFamily Room, Outside
ViewCity Lights, Other, Panoramic
Private PoolYes
MLS #OC24167158
Lot Size1.50 Acres
StatusActive

About 2521 Novato Pl

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, Separate/Formal Dining Room, 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: $6,529,000
  • Price Per SqFt: $1,821/SqFt

Tax Information:

  • Annual Amount: $5,931
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palos Verdes Estates, CA.

Med. Sold Price

$2.8M

Med. Price/SqFt

$1,019

Avg. Days On Market

48

# of Sold Homes

16

2521 Novato Pl vs Palos Verdes Estates

95 DAYS ON ROCKET

+47 Days

$6,529,000

+$3.7M More

$1,821/SqFt

+$802 More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $802/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: #OC24167158

Listing Office:

  • Office Name: Realty Discount Corporation
  • Office Phone: (562) 673-3873
  • Listing Agent: Kurt Steffien

IDX 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: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
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

$32.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.6K

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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.

Nearby Schools

school-card-donut-432288
9
/10
  • Cornerstone at Pedregal Elementary School

  • 6069 Groveoak Pl

  • 0.24 miles

  • Public District Grades KG-5

school-card-donut-432289
9
/10
  • Montemalaga Elementary

  • 1121 Via Nogales

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-432290
8
/10
  • Silver Spur Elementary

  • 5500 Ironwood St

  • 0.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,000. The majority of Palos Verdes Estates, CA residents have income $200k+ annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

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 $6,529,000.

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.
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Rocket HomesCaliforniaLos Angeles CountyPalos Verdes Estates902742521 Novato Pl

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 August 13, 2024 and is currently priced at $6,529,000.

Palos Verdes Estates, CA housing market in October 2024 saw over 6 listings sold above listed price, more than 0 sold at listed price and over 10 sold below. The number of listings in Palos Verdes Estates, CA increased by 9.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 48 days, the median list price was $2,800,000.

From Rocket Homes Real Estate and based on county public records data.

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