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#SB25018261, Mingli Wang, Listing Office: Realty One Group United
$6,895,000 List price
5832 Ocean Terrace Dr Rancho Palos Verdes, CA 90275
6 beds
4 full, 1 partial
5,458 sqft
0.5 acres
$1,263 / sqft
House
Property details
About 5832 Ocean Terrace Dr
Magnificently Modern Manor! This effortlessly elegant contemporary home stands out among its peers with thoughtfully curated finishes in every square foot, set against a dramatic panoramic ocean view with a courtyard pool and huge flat verdant green yard. Exceptionally designed, this home evokes a neutral gray palette, using these tones throughout the property. The owners have completely transformed the home and added over 550 sq ft, creating the ultimate smart home with all functions on an app. As the front door opens with impressive views of hills and sea, you are struck with the blending of nature and form as the chosen elements inside merge seamlessly with the outside. The sophisticated choices - Gaggenau appliances throughout kitchen (with anthracite porcelain slab counters), rift grey blanco and matte flooring, Ann Sacks tile and Waterworks plumbing fixtures - only enhance the natural light coming externally. The home is approximately 5485 square feet with 6 bedrooms and 5 baths, with huge open spaces for living and entertaining well. There are many homes on the Hill that have views, but very few combine those views with an artfully-assembled design aesthetic. This is one of the few. This property is also for lease at $30,000 per month
Highlights
Home typeSingle Family Residence
HeatingSolar
StatusActive
CoolingCentral Air
Size5,458 sqft
Lot size0.4545 Acres
Year built1985
ParkingDoor-Multi, Direct Access, Garage
MLS #PV24244026
Attached garage3 spaces
FireplaceLiving Room
ViewOther, Ocean, Panoramic
Private poolYes
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Summary
- MLS Number: PV24244026
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (310) 701-8800
- Listing Agent: Kevin Pluimer
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: 2/23/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,895,000
5832 Ocean Terrace Dr
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 09, 2017 | Home Sold | $3,499,000 |
| Aug 28, 2007 | Home Sold | $2,300,000 |
| Aug 11, 2000 | Home Sold | $1,550,000 |
| Jan 03, 1996 | Home Sold | $1,070,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,246,094 | $47,445 |
| 2023 | $4,162,838 | $46,745 |
| 2022 | $4,081,215 | $44,292 |
| 2021 | $4,001,192 | $44,186 |
| 2020 | $3,713,165 | $39,638 |
| 2019 | $3,640,359 | $39,335 |
| 2018 | $3,568,980 | $25,829 |
| 2017 | $2,308,021 | $25,829 |
History based on county public records data.
Nearby schools
9
Soleado Elementary School
Public District KG-5
1.3 mi
•27800 Longhill Dr
9
Vista Grande Elementary
Public District KG-5
1.6 mi
•7032 Purple Ridge Dr
7
Point Vicente Elementary
Public District KG-5
1.7 mi
•30540 Rue De La Pierre
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $145,055. Typical income of Rancho Palos Verdes, CA residents is $200k+ annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
8%
<35k
27%
35k-100k
29%
100k-200k
36%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
21%
Single, No Kids
4%
Single, with Kids
47%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
9%
12-17 yrs old
12%
18-34 yrs old
46%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Skiing/snowboarding
PGA/LPGA
Where do the neighbors shop?
Bloomingdales
Nordstrom
Chico's
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Cadillac
What do the neighbors listen to?
News
Talk/Personality
Classical
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5832 Ocean Terrace Dr
This home is located at 5832 Ocean Terrace Dr in Rancho Palos Verdes, CA and zip code 90275 in the La Cresta neighborhood. This 5,458 square foot home, which was built in 1985, sits on a 0.45 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $6,895,000.
Over 0 listings were sold over their listed price in January 2025 in Rancho Palos Verdes, CA. In the same period over 12 listings were sold below the listed price and 2 listings were sold for the listed price. In January 2025 in Rancho Palos Verdes, CA there were 6.9% more homes for sale than in December. While the average time on the market in January 2025 was 72 days, the median list price was $1,762,000.
From Rocket Homes Real Estate and based on county public records data.