ParkingCircular Driveway, Concrete, Direct Access, Garage Faces Front, Garage, Garage Door Opener, Porte-Cochere, Storage
Attached Garage4 spaces
Year Built1989
HeatingCentral, Zoned
CoolingCentral Air, Zoned
FireplaceFamily Room, Living Room
ViewBluff, Island, Other, Golf Course, Ocean, Panoramic
Private PoolYes
MLS #PV24128183
Lot Size0.52 Acres
StatusActive
About 6224 Ocean Terrace Dr
AUCTION BIDDING OPEN: Bidding ends December 20th. Previously Listed $7.5M. Current High Bid $4.8M. Positioned on a quiet cul-de-sac in the prestigious Sea Crest Community on the Palos Verdes Peninsula, this modern estate offers breathtaking vistas. A recent multimillion-dollar renovation transformed this 7,848-square-foot sanctuary into an epitome of opulence, seamlessly blending coastal grandeur with state-of-the-art amenities. From the circular drive and porte-cochere to a striking reception bridge leading to a steel pivot door entry, each architectural element welcomes with sophistication. The residence boasts abundant natural light, marble finishes, and expansive glass walls framing unmatched views of the Pacific Ocean, Catalina Island, and nearby landmarks. Lavish spaces for entertaining include a living room with a grand fireplace and towering tri-fold doors that open to panoramic deck views, a spacious family room, and an ocean-view gourmet kitchen equipped with Viking appliances and custom European cabinetry. Outside, limestone pathways, lush gardens, and fruit trees surround a resort-style pool and spa. This estate is a coastal paradise of privacy, luxury, and panoramic beauty.
Property Details
Property Features
Property Information:
Year Built: 1989
Stories: 2
Living Area: 7,848 SqFt
Listing Office:
Office Name: Keller Williams Palos Verdes
Office Phone: (310) 503-9886
Listing Agent: Stephen Haw
Interior Features
Interior Information:
Appliances: Stove, Range, Convection Oven, Double Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Self Cleaning Oven, Water Purifier
Flooring Type: Stone, Wood
Interior: Wet Bar, Built-in Features, Breakfast Area, Separate/Formal Dining Room, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Pantry, Stone Counters, Recessed Lighting, Storage, Sunken Living Room, Multiple Primary Suites, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
Fireplace: Family Room, Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 8
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Private Pool: Yes
View: Bluff, Island, Other, Golf Course, Ocean, Panoramic
Parking Information:
Garage Space: 4 spaces
Attached Garage: Yes
Parking: Circular Driveway, Concrete, Direct Access, Garage Faces Front, Garage, Garage Door Opener, Porte-Cochere, Storage
Lot Features
Lot Information:
Lot: Cul-De-Sac, Front Yard, Garden, Landscaped, Sprinklers, Sloped Up
Lot Size: 0.52 Acres
Utilities
Utilities Information:
Heating: Central, Zoned
Cooling: Central Air, Zoned
Other
Directions Information:
Directions: Crest Road to Highridge Rd, right on Ocean Terrace
Price Information
Listing Price Info
Price Summary:
List Price: $7,500,000
Price Per SqFt: $956/SqFt
Tax Information:
Annual Amount: $48,739
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Rancho Palos Verdes, CA.
This property is $5.7M more than the Median Sold Price and $178/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: #PV24128183
Listing Office:
Office Name: Keller Williams Palos Verdes
Office Phone: (310) 503-9886
Listing Agent: Stephen Haw
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: 12/18/2024, 4:20:57 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
DATE
EVENT
PRICE
Mar 16, 2021
Mar 16, 2021Home Sold
$4,250,000
Nov 23, 1993
Nov 23, 1993Home Sold
$1,187,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$48,739
$4,401,283
2020
$46,582
$4,356,154
2019
$31,098
$4,270,740
2018
$30,464
$2,778,492
2017
$30,464
$2,724,013
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Point Vicente Elementary
30540 Rue De La Pierre
Distance between this listing and this school1.26 miles
Public District Grades KG-5
9
/10
Vista Grande Elementary
7032 Purple Ridge Dr
Distance between this listing and this school1.43 miles
Public District Grades KG-5
9
/10
Soleado Elementary School
27800 Longhill Dr
Distance between this listing and this school1.69 miles
Public District Grades KG-5
Nearby Schools
9
/10
Ridgecrest Intermediate School
28915 Northbay Rd
Distance between this listing and this school0.91 miles
Public District Grades 6-8
9
/10
Palos Verdes Intermediate School
2161 Via Olivera
Distance between this listing and this school2.14 miles
Public District Grades 6-8
9
/10
Miraleste Intermediate School
29323 Palos Verdes Dr E
Distance between this listing and this school3.22 miles
Public District Grades 6-8
Nearby Schools
5
/10
Rancho del Mar High (Continuation)
38 Crest Rd W
Distance between this listing and this school1.58 miles
Public District Grades 10-12
10
/10
Palos Verdes Peninsula High School
27118 Silver Spur Rd
Distance between this listing and this school1.77 miles
Public District Grades 9-12
10
/10
Palos Verdes High School
600 Cloyden Rd
Distance between this listing and this school2.61 miles
The neighbors living near this home have an average income of $145,055. Most Rancho Palos Verdes, CA residents have annual incomes $200k+. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6224 Ocean Terrace Dr
What is the listing price of this property?
The listing price of 6224 Ocean Terrace Dr property is $7,500,000.
What type of property is this?
The property 6224 Ocean Terrace Dr is a house located in Rancho Palos Verdes, California, 90275.
Is this property for sale now?
Active Listing: 6224 Ocean Terrace 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 $48,739 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 16, 2021 for $4,250,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 6224 Ocean Terrace Dr has 6 bedrooms and 8 full and 1 half bathrooms.
What is the square footage of this property?
The property 6224 Ocean Terrace Dr is 7,848 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6224 Ocean Terrace Dr is 1989.
Interested in 6224 Ocean Terrace Dr? Let's connect.
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This home is located at 6224 Ocean Terrace Dr in Rancho Palos Verdes, CA and zip code 90275 in the La Cresta neighborhood. This 7,848 square foot home, which was built in 1989, sits on a 0.52 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $7,500,000.
In November 2024 more than 7 listings in Rancho Palos Verdes, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 17 were sold below. Between October 2024 and November 2024, Rancho Palos Verdes, CA real estate market has seen decrease in the number of listings by 6.9%. The median list price of listings available in November 2024 was $1,739,600, while the average time on the real estate market was 47 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. 
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