$7,999,999

1502 Paseo La Cresta Palos Verdes Estates, CA 90274

6 beds
5 full, 1 partial
7,556 sqft
0.7 acres
$1,059 / sqft
House

Property details

About 1502 Paseo La Cresta

Privately situated in one of Montemalaga’s most exclusive enclaves. This elegant tennis estate with sweeping ocean views delivers a rare blend of luxury and privacy. Step through the private gates into a majestic foyer featuring a sweeping double staircase and a soaring domed ceiling. Creating an ambiance of elegance from the start, the main level includes a step-down formal living room with rich wood floors. Framing stunning ocean views, the oversized windows are paired with an elegant, carved wood fireplace. With refined stone floors, rich moldings, and tailored built-in cabinetry, this space is designed for effortless, elegant entertaining. At the heart of the home, the gourmet kitchen impresses with a substantial stone island and luxury appliances—including an oversized Sub-Zero fridge, Viking 6-burner range, 3 Thermador ovens, dual dishwashers, a warming drawer, and a spacious butler’s pantry. Blending style and function, the kitchen flows into a sunken family room with a charming fireplace and curved windows, and a bright breakfast room that leads to a lush backyard escape. The backyard is designed for entertaining and relaxation, complete with a pool, spa, cozy gathering spaces with fireplaces and fountains, a newly added bar and built-in barbecue. For tennis lovers, the estate features a court with a spectator area, perfectly positioned to take in both the action and sweeping ocean scenery. Upstairs, the expansive primary suite offers breathtaking views, an attached office or additional bedroom, and a private balcony for relaxing and enjoying the scenery. The primary bathroom serves as a luxurious sanctuary, boasting a generous spa tub, steam sauna shower, and a meticulously rebuilt closet 2 years ago ,cost $80K featuring a premium custom organization system. Host unforgettable gatherings in the game room, complete with a coffered ceiling, built-in bar, and a concealed drop-down screen—all set against a backdrop . On the lower level, a private guest suite with its own entrance offers exceptional comfort and privacy for visitors. Wine connoisseurs will be drawn to the impressive wine room, adorned with custom wood paneling, a pool table, and elegant display cabinetry. Located within a premier school district, with top-rated schools scoring 9-9-10, offering exceptional educational opportunities for all grade levels.

Highlights

Home typeSingle Family Residence
HeatingCentral, Zoned
StatusActive
CoolingCentral Air
Size7,556 sqft
Lot size0.7171 Acres
Year built2000
ParkingCircular Driveway, Door-Multi, Direct Access, Electric Gate, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Storage
MLS #OC25111367
Attached garage3 spaces
FireplaceDining Room, Family Room, Living Room, Primary Bedroom, Outside
ViewPark, Ocean, Panoramic
Private poolYes

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Appliances: Stove, Range, Convection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Indoor Grill, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Water Heater, Warming Drawer, Water Purifier
  • Flooring Type: Stone, Tile, Wood
  • Interior: Wet Bar, Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Crown Molding, Cathedral Ceiling(s), Central Vacuum, Separate/Formal Dining Room, Granite Counters, High Ceilings, In-Law Floorplan, Living Room Deck Attached, Multiple Staircases, Pantry, Paneling/Wainscoting, Stone Counters, Recessed Lighting, Smart Home, Sunken Living Room, Two Story Ceilings
  • Fireplace: Dining Room, Family Room, Living Room, Primary Bedroom, Outside
  • Total Bedroom Count: 6
  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Circular Driveway, Door-Multi, Direct Access, Electric Gate, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Storage
  • View: Park, Ocean, Panoramic
  • Exterior: Barbecue, Lighting, Fire Pit
  • Heating: Central, Zoned
  • Cooling: Central Air
  • List Price: $7,999,999
  • Price/SqFt: $1,058
  • HOA Amount: $0
  • Annual Tax Amount: $58,506
  • Tax Year: 2024
  • Lot: Back Yard, Front Yard, Garden, Landscaped
  • Directions: See GPS
  • Year Built: 2000
  • Stories: 2
  • Living Area: 7,556 SqFt
  • Lot Size: 0.7171 Acres
  • MLS Number: OC25111367
  • MLS Name: CRMLS
  • Office Name: AG One Realty
  • Office Phone: (469) 825-9800
  • Listing Agent: Vanessa Zheng

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: 6/4/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1502 Paseo La Cresta, Palos Verdes Estates, CA 90274 - mediterranean / spanish-style house with a balcony, stucco siding, and a front yard

$7,999,999

1502 Paseo La Cresta

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Price information

Property sales

DateEventPrice
Mar 01, 2001
Home Sold
$4,600,000
Aug 20, 1998
Home Sold
$2,800,000

Tax history

YearAssessmentProperty Tax
2024$5,085,907$58,506
2023$4,986,185$57,637
2022$4,888,418$54,768
2021$4,792,568$54,705
2020$4,743,427$52,365
2019$4,635,120$51,721
2018$4,544,237$48,852
2017$4,455,135$48,852

History based on county public records data.

Nearby schools

9

Montemalaga Elementary

Public District KG-5

0.4 mi

1121 Via Nogales

9

Cornerstone at Pedregal Elementary School

Public District KG-5

0.9 mi

6069 Groveoak Pl

9

Vista Grande Elementary

Public District KG-5

1.0 mi

7032 Purple Ridge Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $221,599. Most Palos Verdes Estates, CA residents have annual incomes $200k+. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

4%
<35k
18%
35k-100k
24%
100k-200k
54%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

19%
Single, No Kids
4%
Single, with Kids
50%
Married, No Kids
27%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
10%
12-17 yrs old
10%
18-34 yrs old
45%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • AcuraAcura

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • SportsSports
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1502 Paseo La Cresta

The listing price of 1502 Paseo La Cresta property is $7,999,999.

The property 1502 Paseo La Cresta is a house located in Palos Verdes Estates, California, 90274.

Active Listing: 1502 Paseo La Cresta is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1502 Paseo La Cresta are: Montemalaga Elementary (GreatSchools Rating 9/10), Cornerstone at Pedregal Elementary School (GreatSchools Rating 9/10), Vista Grande Elementary (GreatSchools Rating 9/10), Palos Verdes Intermediate School (GreatSchools Rating 9/10), Ridgecrest Intermediate School (GreatSchools Rating 9/10), Richardson Middle School (GreatSchools Rating 9/10), Palos Verdes High School (GreatSchools Rating 10/10), Palos Verdes Peninsula High School (GreatSchools Rating 10/10), South High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2024 is $58,506 (source: MLS/based on county public records data).

The last sale was on March 1, 2001 for $4,600,000 (source: MLS/tax record).

The property at 1502 Paseo La Cresta has 6 bedrooms and 5 full and 1 half bathrooms.

The property 1502 Paseo La Cresta is 7,556 SqFt (source: MLS/tax record).

The year of construction for 1502 Paseo La Cresta is 2000.

This home is located at 1502 Paseo La Cresta in Palos Verdes Estates, CA and zip code 90274 in the Monte Malaga neighborhood. This 7,556 square foot home, which was built in 2000, sits on a 0.72 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $7,999,999.

In May 2025 more than 4 listings in Palos Verdes Estates, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 8 were sold below. Between April and May 2025, Palos Verdes Estates, CA real estate market has seen decrease in the number of listings by 1.1%. In May 2025 median list price was $2,650,000 and the average listing age was 40 days.

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

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