2 months on rocket

5530 Montemalaga Dr, Rancho Palos Verdes, CA, 90275

$1,799,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,946 SqFt
$924/SqFt
House

Location

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5530 Montemalaga Dr, Rancho Palos Verdes$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Direct Access, Driveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1962
HeatingForced Air
CoolingCentral Air, Other
FireplaceFamily Room, Gas Starter, Wood Burning
ViewNone
Private PoolYes
MLS #SB24179383
Lot Size0.20 Acres
StatusActive

About 5530 Montemalaga Dr

Welcome to this Exquisite Palos Verdes Pool Home. Offering nearly 2,000 square feet of beautifully designed living space, this residence masterfully utilizes every inch of its open layout. As you enter the stunning custom iron & glass double front door, you’re immediately embraced by a bright, airy atmosphere, enhanced by a gentle breeze. The main level features an open floor plan with elegant porcelain tile floors, ideal for both living and entertaining. The spacious living room flows into the dining area and the gourmet kitchen—a true centerpiece. This kitchen is a chef's delight, boasting top-of-the-line appliances including a New Sub-Zero refrigerator, New Wolf oven, wine chiller, and Ultracraft cabinetry, complemented by gorgeous granite countertops. Just down the hall, you'll find two well-appointed bedrooms and a remodeled bathroom with exquisite Japanese tiles & a rainfall shower. Upstairs, engineered flooring continues throughout the upper level, where a light-filled family room awaits. Large windows allow natural light to flood the space, while a cozy fireplace adds warmth. The primary bedroom features a freshly remodeled bathroom with a large shower adorned with beautiful stone and tile, a shower bench, and dual sinks. A highlight of this home is the LaCantina folding glass door on the main level, which opens to the lushly landscaped backyard. Here, a sparkling pool awaits—a private oasis perfect for relaxation and gatherings. The backyard is a gardener’s paradise with fruit trees like Japanese persimmon, donut peach, limes, dwarf avocados, lemon, Fuji apples, orange, tangerine & a "Lovely Apple" tree bearing fruit three times a year. The garden also features roses, orchids, & honeysuckle. With existing connections, adding an outdoor kitchen is easy. The sloped area offers potential for a multi-level deck with ocean views. Freshly painted in & out the home has many recent upgrades include Milgard dual-paned windows, a Navien tankless water heater, a high-efficiency HVAC system, modern linear AC vents, plumbing, electrical wiring, flooring. (much more) Completing the property is a large two-car garage with storage, automatic doors & a dedicated laundry room. The meticulously maintained exterior features lush landscaping. Located near award-winning PV schools and minutes from shopping, restaurants, & recreation, this home offers luxury & convenience. **Discover the beauty of this exceptional property and make it your own today!**

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1962
  • Stories: 2
  • Living Area: 1,946 SqFt

Listing Office:

  • Office Name: Re/Max Estate Properties
  • Office Phone: (424) 571-2171
  • Listing Agent: Kristen Hernandez

Interior Features

Interior Information:

  • Appliances: Stove, Double Oven, Dishwasher, Freezer, Gas Oven, Microwave, Refrigerator, Range Hood, Tankless Water Heater
  • Flooring Type: See Remarks
  • Interior: Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Bedroom on Main Level
  • Fireplace: Family Room, Gas Starter, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Other

Other

Directions Information:

  • Directions: Silver Spur Rd to Montemalaga Dr (near corner of Basswood Ave)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000
  • Price Per SqFt: $924/SqFt

Tax Information:

  • Annual Amount: $9,225
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.7M

Med. Price/SqFt

$779

Avg. Days On Market

40

# of Sold Homes

33

5530 Montemalaga Dr vs Rancho Palos Verdes

65 DAYS ON ROCKET

+25 Days

$1,799,000

+$69.8K More

$924/SqFt

+$144 More

KEY TAKEAWAY

This property is $69.8K more than the Median Sold Price and $144/SqFt more than other homes in Rancho Palos Verdes, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24179383

Listing Office:

  • Office Name: Re/Max Estate Properties
  • Office Phone: (424) 571-2171
  • Listing Agent: Kristen Hernandez

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: 11/3/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2001Home Sold
$548,000
Jun 14, 2000Home Sold
$500,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,225$762,849
2020$8,829$755,028
2019$8,694$740,225
2018$8,510$725,712
2017$8,510$711,484

History based on county public records data.

Payment Calculator

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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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-968453
8
/10
  • Silver Spur Elementary School

  • 5500 Ironwood St

  • 0.15 miles

  • Public District Grades KG-5

school-card-donut-968454
9
/10
  • Cornerstone At Pedregal Elementary School

  • 6069 Groveoak Pl

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-968455
9
/10
  • Montemalaga Elementary School

  • 1121 Via Nogales

  • 1.06 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $123,936. Most Rancho Palos Verdes, CA residents have annual incomes between $100k-200k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5530 Montemalaga Dr

What is the listing price of this property?

The listing price of 5530 Montemalaga Dr property is $1,799,000.

What type of property is this?

The property 5530 Montemalaga Dr is a house located in Rancho Palos Verdes, California, 90275.

Is this property for sale now?

Active Listing: 5530 Montemalaga Dr 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 $9,225 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2001 for $548,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5530 Montemalaga Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5530 Montemalaga Dr is 1,946 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5530 Montemalaga Dr is 1962.

Rocket HomesCaliforniaLos Angeles CountyRancho Palos Verdes902755530 Montemalaga Dr

This home is located at 5530 Montemalaga Dr in Rancho Palos Verdes, CA and zip code 90275 in the South Bay neighborhood. This 1,946 square foot home, which was built in 1962, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $1,799,000.

While more than 11 listings in Rancho Palos Verdes, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 20 were sold below. The inventory of homes for sale in Rancho Palos Verdes, CA between September 2024 and October 2024 increased by 6%. In October 2024 median list price was $1,729,200 and the average listing age was 40 days.

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

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