1 Park Place, Rancho Palos Verdes, CA 90275

$3,299,000
3
BD
3
BA
2,976
SqFt

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List Price
$3,299,000
Status
ACTIVE
Days on Market
11
MLS#
PV26156102
Subtype
Residential
Year Built
1983
Bedrooms
3
Bathrooms
3
Full Baths
1
Living Area
2,976
Lot Size
25,917
Acres
0.60
MLS Area Major
La Cresta (172)

Property Description

A truly one-of-a-kind Octagonal Oasis awaits, offering a storied past, unmistakable architecture, and a breathtaking coastal setting. Far more than a home, it is a rare opportunity to own a piece of local history and carry its remarkable story into the next chapter. Originally built in 1983 by and for the Burrell family, this extraordinary residence was thoughtfully designed to maximize the spectacular coastal views from its hand-selected location. Perched above the famed Villa Narcissa Estate, built in 1926 for Frank A. Vanderlip Sr., the property occupies a distinctive place in the history of this iconic coastal community. In the 1970s, the Burrell family privately purchased this parcel from the Vanderlip family, later subdividing it into 11 lots and transforming the former Radar Towers into what is now Del Cerro Park. True to its name, the home's distinctive architecture is defined by five octagonal rooms that flow seamlessly from one to the next, creating a uniquely sculptural and connected living experience. In 1997, the Olson family acquired the residence and continued its distinctive architectural legacy, adding an octagon-shaped pool and spa in 2002. A bonus L-shaped room was also added during the renovation, providing additional flexibility and living space. Today, the Octagonal Oasis stands as a singular expression of design, history, and coastal living—a home with a story unlike any other, ready for its next chapter.

Additional Information

Exterior Features
Rain Gutters
HOA Freqency
Annually
Flooring
Tile, Wood
Appliances
Dishwasher, Electric Cooktop, Refrigerator
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Roof
Tile
Pool
Yes
Pool Type
Heated, In Ground, Private
Parking Features
Driveway, Garage
Garage Spaces
2
School District
Palos Verdes Peninsula Unified
Elementary School
Vista Grande
Middle School
Ridgecrest
High School
Peninsula
View
Catalina, Ocean, Panoramic

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joe Alessi (joe.alessi@sbcglobal.net) from Listing Office: Estate Properties.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.