Southern California has no shortage of lots on which to build a dream coastal estate. But while the salt-scented Pacific Palisades air, the Tinseltown energy of the Hollywood Hills and the casual decadence of Laguna Niguel are undeniably alluring, choosing anything other than 1508 Paseo La Cresta in Palos Verdes Estates as your ultra-luxury home location would be the biggest financial mistake of your life.
Why? Because ocean-view lots in other SoCal coastal neighborhoods can fetch over twice the price (per square foot) than in Palos Verdes Estates… Los Angeles’s best-kept secret. 1508 Paseo La Cresta’s 33,656 square feet (3/4 acre) and 152’ of street frontage with Catalina-to-Malibu views are – quite simply – unavailable in other highly-desirable areas without spending millions more. Yes, millions.
With commuting to Los Angeles or the Westside a thing of the past, Palos Verdes Estates's beauty, value, ocean views, large lots, golf courses, excellent schools and close-knit community have made it 2021's rising star here in the South Bay. But since the tremendous savings provided by 1508 Paseo La Cresta is bound to draw the attention of anyone who can do basic math, you'd best make your move now... and start thinking about what you'll do with the millions you'll be saving.