For sale · Active

2521 Novato Place

Palos Verdes Estates, CA 90274

$5,380,000
Bedrooms & bathrooms3 Beds • 3 Baths
Living area3,586 Sq Ft
Lot size1.4963 acres
Property typeSingle Family Residence
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Listing broker / agent: Realty Discount Corporation · Kurt Steffien · 562-673-3873 · CRMLS

MLS # OC26219876 · Last checked Oct 19, 2026 07:55 UTC

About this property

Crown jewel property with one of the best views in Palos Verdes Estates. Approximately 1.5 acres. The best location for a rebuild at the end of the street on a cul-de-sac . Perched at the end of a quiet cul-de-sac in one of Palos Verdes Estates’ most desirable hillside settings, this custom-built single-story residence is situated on an exceptionally large lot of over 65,000 square feet (approx. 1.5 acres). The property offers expansive, unobstructed panoramic views encompassing the Queen’s Necklace, downtown Los Angeles skyline, SoFi Stadium, the coastline from Redondo Beach toward Malibu, and extending east to Long Beach with mountains beyond. The existing ranch-style home features thoughtful brick and wood craftsmanship throughout and includes a spacious living room, a distinctive round brick tower room, three bedrooms plus a versatile walkthrough room suitable for a variety of uses, three bathrooms, a split-level office or den overlooking a wet bar, two dining areas, and a separate bonus or entertainment room. Outdoor amenities include a pool, built-in grill, and patio designed to take full advantage of the remarkable views. A large circular driveway provides ample parking and leads to a three-car garage with additional workspace. The size and configuration of the lot offer flexibility for future expansion or potential new construction, subject to city approval. Conveniently located near award-winning Palos Verdes schools, Malaga Cove, coastal access, and with easy connectivity to the greater Los Angeles area, this property presents a rare opportunity to own a private view estate in Palos Verdes Estates.

Property details

MLS number
OC26219876
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
3 Beds • 3 Baths
Living area
3,586 Sq Ft
Lot size
1.4963 acres
County
Los Angeles
Year built
1955
Stories
1
More property detailsExpandCollapse

Listing

Days on market
4

Building

Year built
1955
Year built source
Assessor
Architectural style
Ranch
Stories
1
Building stories
1
Levels
One
Entry level
1
Roof
Wood
Living area source
Assessor

Bathrooms

Full bathrooms
1
Three-quarter bathrooms
2

Rooms & interior

Main-level bedrooms
3
Main-level bathrooms
3
Rooms
Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom, Office, Sunroom, Workshop, Dining Room
Appliances
Built In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Water Heater, Dryer, Washer
Interior features
Wet Bar, Built In Features, Brick Walls, Separate Formal Dining Room, High Ceilings, Pantry, Storage, Bar, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Workshop
Flooring
Carpet, Vinyl
Heating
Central, Fireplaces, Natural Gas, See Remarks
Cooling
None
Fireplace
Family Room, Outside
Laundry
Washer Hookup, Laundry Room

Exterior & parking

Total parking spaces
5
Garage spaces
3
Attached garage
No
Pool
Diving Board, Indoor, Private
Spa
None
Patio / porch
Open, Patio
Lot features
Back Yard, Cul De Sac, Value In Land, Yard
Lot size source
Assessor
Fencing
Partial
Property outlook
City Lights, Coastline, Panoramic

Utilities & community

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community features
Suburban

Fees & lease terms

Association
No
Association fee
$0.00

Schools reported in the listing

High school district
Palos Verdes Peninsula Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Cornerstone at Pedregal Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 0.2 mi
Montemalaga Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Palos Verdes Estates K–5 0.6 mi
Silver Spur Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 0.6 mi
Palos Verdes Peninsula High (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rolling Hills Estates 9–12 1.1 mi
Riviera Elementary Torrance Unified · Torrance K–5 1.4 mi
Soleado Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 1.5 mi
Rancho Vista Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rolling Hills Estates K–5 1.7 mi
Vista Grande Elementary (school website, opens in a new tab) Palos Verdes Peninsula Unified · Rancho Palos Verdes K–5 1.7 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$5,380,000
MLS-reported original asking price
$5,380,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 9, 2026 16:58$5,380,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Palos Verdes Estates

Active residential homes for sale in Palos Verdes Estates, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings26Current authorized inventory
Median asking price$4,625,00026 listings with a valid price
Median asking price / sq ft$1,138.2123 listings with confirmed sq ft
Median days on market14.526 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction3
Listings with an increase0

3 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 08:12 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Loan assumptions and ownership costs

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