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Palos Verdes Estates, CA

$6,380,000

2521 Novato Place, Palos Verdes Estates, CA
3
Beds
3
Baths
3,586
Sq Ft
1955
Built
22
Days listed

About this home

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.

Facts & features

Interior
Bedrooms
3
Bathrooms
1 full
Living area
3,586 sq ft
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
Appliances
Built In Range, Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Water Heater, Dryer, Washer
Flooring
Carpet, Vinyl
Fireplace
Family Room, Outside
Heating
Central, Fireplaces, Natural Gas, See Remarks
Cooling
None
Laundry
Washer Hookup, Laundry Room
Levels
One
Spa
None
Exterior & lot
Lot size
1.496 acres (65,179 sq ft)
Pool
Diving Board, Indoor, Private
View
City Lights, Coastline, Panoramic
Architectural style
Ranch
Year built
1955
Parking spaces
5
Community
Area
162 - Monte Malaga
County
Los Angeles
Community features
Suburban
Listing details
Status
Active
Property type
Single Family Residence
Days on market
22
Listed
2026-06-16
Original price
$6,880,000
Terms
Cash, Conventional, Exchange 1031, FHA, Fannie Mae, Freddie Mac, Va Loan
Parcel #
7545014009
MLS #
OC26131715
Listed by
Kurt Steffien · Realty Discount Corporation

Location

Price history

Listed
$6,880,000 · 2026-06-16
Price reduced
$6,380,000 (−$500,000)
Days on market
22
Current price
$6,380,000
Financing

Could this home be yours?

Estimated monthly payment
$40,023
$32,261 principal & interest · $7,762 taxes & insurance
$1,276,000
Estimate only
Loan $5,104,000

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Estimated value range nearby
$4,929,936$5,787,317

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Listing data provided by CRMLS

Listing courtesy of Realty Discount Corporation. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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