1508 Paseo La Cresta, Palos Verdes Estates. For Sale - $3,199,000 by Pier to Pier Brokers

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1508 Paseo La Cresta

Palos Verdes Estates


1508 Paseo La Cresta, Palos Verdes Estates

Development Opportunity • 33,656 Sqft Lot • Asking $3,199,000

This may be one of the best opportunities you’ll find in the Los Angeles Basin today. Located in the affluent and highly desirable community of Palos Verdes Estates, sits this amazing 33,656 square foot, spectacular view lot that features blue water to Hollywood sign views. From a future 2nd floor, the views will be magnificent and breath-taking. For the local developer, this is an excellent opportunity to bring a 10,000 square foot estate home to the market with a future value well north of $11,000,000.

But we have a much better idea. You build this home for you and your family, with an estimated cost just under $8,000,000. We’re talking instant equity—you’ll be saving millions and you’ll be living in one of the most amazing homes in the area. By our simple math, building your own dream home can save you nearly 30% (when compared to purchasing a completed dream home from a developer.) The lot features 152 feet of frontage.