5 months on rocket

85 Vanderlip Dr, Rancho Palos Verdes, CA, 90275

$2,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
4,040 SqFt
$619/SqFt
House

Location

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85 Vanderlip Dr, Rancho Palos Verdes$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1931
HeatingCentral, Forced Air, Fireplace(s), Natural Gas, Wood
CoolingNone
FireplaceLiving Room, Primary Bedroom
ViewIsland, Hills, Ocean, Trees/Woods
MLS #PV24151565
Lot Size1.14 Acres
StatusActive

About 85 Vanderlip Dr

Historic Palos Verdes- Purchased from original visionary, Frank Vanderlip, nearly 60 years ago this home personifies the vision of what Palos Verdes was meant to be; a gorgeous Tuscan estate with high ceilings, charm and character..nestled near the sea, and adjacent to the Land Conservancy with miles of open space and trails-taking advantage of the temperate climate and allowing residents to enjoy the beauty of nature year-round. This nearly 100 year old home immediately captivates with its soaring ceilings and open-concept layout that flows effortlessly from room to room, providing a sense of spaciousness and warmth. Expansive windows bathe the interiors in natural light, offering views of the ocean and the surrounding landscape. Gorgeous custom kitchen plus a butler's pantry for additional party preparations. The epic fireplace serves as the centerpiece of the living room, inviting cozy gatherings and intimate conversations. The adjacent dining area opens onto a terrace, where al fresco dining becomes a daily delight against the backdrop of spectacular sunsets over the ocean. Beyond the exquisite design and breathtaking views, this home carries historical significance. Built in the early 20th century, it reflects the architectural trends of the time, showcasing the craftsmanship and artistry that defined the era. The home has been lovingly preserved and updated, ensuring that its historical integrity remains intact. Used initially to house workers and subsequently drivers for Frank Vanderlip, it has been lovingly maintained by the same family for the past 60 years. ***Recent conditions have changed and land movement has swept through much of the area. The owner has fought back, having "helical" piers recently installed. The piers appear to be working and the house shows very few affects of the movement. As further insurance to save the home for posterity, engineering plans have been developed for putting the home on steel beams and are available to use should the piers not suffice. The home is offered for a fraction of its pre-movement value...and will offer a buyer a unique blend of elegance, comfort and breathtaking beauty, making it a true treasure to be loved by the next family lucky enough to call it home.

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Stories: 2
  • Living Area: 4,040 SqFt

Listing Office:

  • Office Name: Coastal Legacy Realty Group
  • Office Phone: (310) 377-4932
  • Listing Agent: Charlie Raine

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Water Heater
  • Interior: Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Open Floorplan, Pantry, Entrance Foyer, Galley Kitchen, Primary Suite
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Island, Hills, Ocean, Trees/Woods

Lot Features

Lot Information:

  • Lot Size: 1.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s), Natural Gas, Wood
  • Cooling: None

Other

Directions Information:

  • Directions: Enter through Pepper Tree gate only- then to Vanderlip

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $619/SqFt

Tax Information:

  • Annual Amount: $5,481
  • 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

85 Vanderlip Dr vs Rancho Palos Verdes

151 DAYS ON ROCKET

+104 Days

$2,500,000

+$760.4K More

$619/SqFt

-$159 Less

KEY TAKEAWAY

This property is $760.4K more than the Median Sold Price and $159/SqFt less 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: #PV24151565

Listing Office:

  • Office Name: Coastal Legacy Realty Group
  • Office Phone: (310) 377-4932
  • Listing Agent: Charlie Raine

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, 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

Tax History

YEARPROP. TAXASSESSMENT
2021$5,481$334,970
2020$5,274$331,537
2019$5,148$325,037
2018$5,028$318,664
2017$5,028$312,417

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-874512
9
/10
  • Soleado Elementary School

  • 27800 Longhill Dr

  • 1.54 miles

  • Public District Grades KG-5

school-card-donut-874513
7
/10
  • Point Vicente Elementary

  • 30540 Rue De La Pierre

  • 2.13 miles

  • Public District Grades KG-5

school-card-donut-874514
9
/10
  • Vista Grande Elementary

  • 7032 Purple Ridge Dr

  • 2.20 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. Typical income of Rancho Palos Verdes, CA residents is $200k+ annually. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 85 Vanderlip Dr

What is the listing price of this property?

The listing price of 85 Vanderlip Dr property is $2,500,000.

What type of property is this?

The property 85 Vanderlip Dr is a house located in Rancho Palos Verdes, California, 90275.

Is this property for sale now?

Active Listing: 85 Vanderlip 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 $5,481 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 85 Vanderlip Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 85 Vanderlip Dr is 4,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 85 Vanderlip Dr is 1931.

Rocket HomesCaliforniaLos Angeles CountyRancho Palos Verdes9027585 Vanderlip Dr

This home is located at 85 Vanderlip Dr in Rancho Palos Verdes, CA and zip code 90275 in the Palos Verdes Drive South neighborhood. This 4,040 square foot home, which was built in 1931, sits on a 1.14 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $2,500,000.

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. The inventory of homes for sale in Rancho Palos Verdes, CA between October 2024 and November 2024 decreased by 6.9%. While the average time on the market in November 2024 was 47 days, the median list price was $1,739,600.

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

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