2 months on rocket

6264 Ocean Terrace Dr, Rancho Palos Verdes, CA, 90275

$5,950,000

5 Bedrooms
5 Full Baths, 1 Partial
5,743 SqFt
$1,036/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Door-Multi, Direct Access, Electric Gate, Garage, Garage Door Opener, Oversized, Paved, Garage Faces Side, Storage
Attached Garage4 spaces
Year Built1985
HeatingCentral, Fireplace(s), Zoned
CoolingCentral Air, Dual
FireplaceFamily Room, Living Room, Primary Bedroom
ViewIsland, Other, Park, Ocean, Panoramic
Private PoolYes
MLS #PV24188567
Lot Size0.50 Acres
StatusActive

About 6264 Ocean Terrace Dr

VIEW! VIEW!! VIEW!!! Perched high above the Pacific Ocean, enjoy stretching views from Trump National Golf Course, Abalone Cove, Catalina Island to the luxurious Terranea Resort and Pt. Vicente lighthouse! This contemporary masterpiece is designed by the renowned architect Marshall Lewis, famous for his striking blend of cylinders, parabolas, and columns, wrapped in rich woodwork, creating an architectural marvel. The interior is equally impressive, combining red oak floors, clearheart redwood ceilings and walls of picturesque glass. From the property, a tree-lined driveway leads you to a circular motor court, decorated with an auspicious Koi pond at its center. A grand double-door entry opens to a living space with meticulous attention to detail throughout - high cathedral ceilings, skylights, 3 elegant fireplaces, European cabinets and custom built-ins…offering both functionality and style. The welcoming foyer leads to the living room that boasts an awe-inspiring glass-walled rotunda that captivates the ever-changing vistas. Meanwhile, the family room showcases an astounding fireplace with an exotic copper mantle. The European-style kitchen is a chef's dream, outfitted with quartz countertops, high-end Wolf/Miele appliances and a walk-in pantry. The custom cabinets extend to the formal dining room, with a wine room nearby. A dedicated library/office with a rolling ladder adds a touch of charm and functionality, while an adjacent powder room offers added convenience. Accommodation includes 5 beautifully appointed bedrooms. The luxurious primary suite is a private sanctuary with a cozy fireplace, a sitting area with panoramic views, a view balcony and 2 walk-in closets. The primary bathroom includes dual vanity areas, dry sauna ready room, a jetted tub, shower, and privacy toilet area. There is also a bedroom suite with direct elevator access, and 3 other versatile bedrooms around the residence. Outdoor area features a shimmering pool, spa, entertainment areas and a Viking BBQ Kitchen. The massive garage boasts two-story high ceiling with skylights outfitted for a half basketball court. An observation room above and a shower off the garage provide additional utility and leisure. Elevator service ensures seamless access between the garage, kitchen, living areas and a bedroom suite. This unique estate is a rare gem, combining architectural brilliance with unparalleled comfort and breathtaking views. Don’t miss the opportunity to call this dream home yours!

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Stories: 2
  • Living Area: 5,743 SqFt

Listing Office:

  • Office Name: Keller Williams Palos Verdes
  • Office Phone: (310) 503-9886
  • Listing Agent: Stephen Haw

Interior Features

Interior Information:

  • Appliances: Range, Double Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Water Purifier
  • Flooring Type: Carpet, Stone, Tile, Wood
  • Interior: Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Separate/Formal Dining Room, Elevator, High Ceilings, In-Law Floorplan, Pantry, Pull Down Attic Stairs, Quartz Counters, Recessed Lighting, Storage, Tile Counters, Entrance Foyer, Primary Suite, Walk-In Pantry, Walk-In Closet(s)
  • Fireplace: Family Room, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Island, Other, Park, Ocean, Panoramic
  • Exterior: Koi Pond

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Door-Multi, Direct Access, Electric Gate, Garage, Garage Door Opener, Oversized, Paved, Garage Faces Side, Storage

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Landscaped, Secluded, Sprinklers, Sloped Up, Trees
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s), Zoned
  • Cooling: Central Air, Dual

Other

Directions Information:

  • Directions: Crest Road to Highridge Rd, right on Ocean Terrace

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,950,000
  • Price Per SqFt: $1,036/SqFt

Tax Information:

  • Annual Amount: $44,508
  • 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

$777

Avg. Days On Market

47

# of Sold Homes

26

6264 Ocean Terrace Dr vs Rancho Palos Verdes

65 DAYS ON ROCKET

+18 Days

$5,950,000

+$4.2M More

$1,036/SqFt

+$258 More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price and $258/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: #PV24188567

Listing Office:

  • Office Name: Keller Williams Palos Verdes
  • Office Phone: (310) 503-9886
  • Listing Agent: Stephen Haw

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: 12/22/2024, 6:20:59 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

Sep 22, 2011Home Sold
$3,500,000
Apr 11, 2000Home Sold
$2,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$44,508$4,061,401
2020$42,535$4,019,757
2019$42,232$3,940,939
2018$41,382$3,863,667
2017$41,382$3,787,910

History based on county public records data.

Payment Calculator

$29.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.9K

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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-892876
7
/10
  • Point Vicente Elementary

  • 30540 Rue De La Pierre

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-892877
9
/10
  • Vista Grande Elementary

  • 7032 Purple Ridge Dr

  • 1.40 miles

  • Public District Grades KG-5

school-card-donut-892878
9
/10
  • Soleado Elementary School

  • 27800 Longhill Dr

  • 1.75 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $145,055. The most common annual income of people living in Rancho Palos Verdes, CA is $200k+. Typical family type is 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 6264 Ocean Terrace Dr

What is the listing price of this property?

The listing price of 6264 Ocean Terrace Dr property is $5,950,000.

What type of property is this?

The property 6264 Ocean Terrace Dr is a house located in Rancho Palos Verdes, California, 90275.

Is this property for sale now?

Active Listing: 6264 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 $44,508 (source: MLS/based on county public records data).

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

The last sale was on September 22, 2011 for $3,500,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6264 Ocean Terrace Dr has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 6264 Ocean Terrace Dr is 5,743 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6264 Ocean Terrace Dr is 1985.
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Rocket Homes›California›Los Angeles County›Rancho Palos Verdes›90275›6264 Ocean Terrace Dr

This home is located at 6264 Ocean Terrace Dr in Rancho Palos Verdes, CA and zip code 90275 in the La Cresta neighborhood. This 5,743 square foot home, which was built in 1985, sits on a 0.50 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $5,950,000.

While more than 7 listings in Rancho Palos Verdes, CA in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 17 were sold below. The inventory of homes for sale in Rancho Palos Verdes, CA between October 2024 and November 2024 decreased by 6.9%. In November 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $1,739,600.

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

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