#SB25005613, Zheng (Helen) Qi, Listing office: West Shores Realty, Inc.
#PV25046515·
Listing office: Estate Properties·
Listing agent: Gayle Probst·
Listing office phone: 310-977-9711
$6,799,000 List price
940 Paseo La Cresta Palos Verdes Estates, CA 90274
5 beds
6 full
7,734 sqft
1.5 acres
$879 / sqft
House
Property details
About 940 Paseo La Cresta
Spectacular Ocean & Catalina Views – A Rare Luxury Estate! Experience breathtaking views from this expansive estate, boasting over 7,700 sq. ft. of living space on an impressive 65,479 sq. ft. lot. Designed for both grand entertaining and intimate gatherings, this home features multiple living and dining areas, two family rooms, and a gourmet center-island kitchen. The luxurious master suite is a private retreat, complete with a spa-like bath and sauna. Step outside into a resort-style backyard, where lush landscaping surrounds multiple seating areas, a sparkling pool and spa, a tennis court, and unobstructed ocean views extending to Catalina. A private gated entry and expansive driveway provide security and convenience, making this home perfect for hosting guests.
Highlights
Home typeSingle Family Residence
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Size7,734 sqft
Lot size1.5032 Acres
Year built1981
ParkingDoor-Multi, Direct Access, Driveway, Electric Gate, Garage, Gated, Oversized, Paved, One Space, Garage Faces Side, Storage
MLS #PV25046515
Attached garage3 spaces
FireplaceDining Room, Family Room, Living Room, Primary Bedroom, Recreation Room
ViewIsland, Ocean, Panoramic, Water
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 6
- Appliances: Stove, Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Vented Exhaust Fan
- Flooring Type: Carpet, Tile
- Interior: Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Elevator, Multiple Staircases, Recessed Lighting, See Remarks, Storage, Sunken Living Room, Tile Counters, Bar, Bedroom on Main Level, Dressing Area, Main Level Primary, Primary Suite, Utility Room
- Fireplace: Dining Room, Family Room, Living Room, Primary Bedroom, Recreation Room
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Door-Multi, Direct Access, Driveway, Electric Gate, Garage, Gated, Oversized, Paved, One Space, Garage Faces Side, Storage
- View: Island, Ocean, Panoramic, Water
- Exterior: Rain Gutters
- Architectural Style: Contemporary
- Heating: Central, Forced Air
- Cooling: Central Air
- List Price: $6,799,000
- Price/SqFt: $879
- HOA Amount: $0
- Annual Tax Amount: $36,187
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Gentle Sloping, Secluded, Sprinklers
- Directions: Via Fernandez to Paseo La Cresta
- Year Built: 1981
- Stories: 2
- Living Area: 7,734 SqFt
- Lot Size: 1.5032 Acres
- MLS Number: PV25046515
- MLS Name: CRMLS
- Office Name: Estate Properties
- Office Phone: (310) 977-9711
- Listing Agent: Gayle Probst
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, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,014,758 | $36,187 |
| 2023 | $2,955,646 | $35,626 |
| 2022 | $2,897,693 | $33,916 |
| 2021 | $2,840,877 | $33,874 |
| 2020 | $2,811,749 | $32,474 |
| 2019 | $2,756,618 | $32,027 |
| 2018 | $2,702,568 | $29,525 |
| 2017 | $2,649,577 | $29,525 |
History based on county public records data.
Nearby schools
9
Montemalaga Elementary
Public District KG-5
0.7 mi
•1121 Via Nogales
9
Vista Grande Elementary
Public District KG-5
1.1 mi
•7032 Purple Ridge Dr
9
Cornerstone at Pedregal Elementary School
Public District KG-5
1.3 mi
•6069 Groveoak Pl
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 $221,599. Most Palos Verdes Estates, CA residents have annual incomes $200k+. The majority of families are married, no kids. Most residents in this area have post secondary degree education.
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 Tennis
Skiing/snowboarding- Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom
Brooks Brothers
Where do the neighbors go to eat?
Bonefish Grill
California Pizza Kitchen
Qdoba
What do the neighbors drive?
Lexus
BMW
Acura
What do the neighbors listen to?
News
Talk/Personality
Sports
All data provided by Home Junction and Claritas
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Frequently asked questions
About 940 Paseo La Cresta
The listing price of 940 Paseo La Cresta property is $6,799,000.
The property 940 Paseo La Cresta is a house located in Palos Verdes Estates, California, 90274.
Active Listing: 940 Paseo La Cresta is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 940 Paseo La Cresta are: Montemalaga Elementary (GreatSchools Rating 9/10), Vista Grande Elementary (GreatSchools Rating 9/10), Cornerstone at Pedregal Elementary School (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 $36,187 (source: MLS/based on county public records data).
The property at 940 Paseo La Cresta has 5 bedrooms and 6 bathrooms.
The property 940 Paseo La Cresta is 7,734 SqFt (source: MLS/tax record).
The year of construction for 940 Paseo La Cresta is 1981.
This home is located at 940 Paseo La Cresta in Palos Verdes Estates, CA and zip code 90274 in the Monte Malaga neighborhood. This 7,734 square foot home, which was built in 1981, sits on a 1.50 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 3, 2025 and is currently priced at $6,799,000.
Palos Verdes Estates, CA housing market in May 2025 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 8 sold below. The number of listings in Palos Verdes Estates, CA decreased by 1.1% between April and May 2025. Listings spent 40 days on the market in May 2025, and had a median list price of $2,650,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.