556 Via Media

$2,495,000 – view all photos

 

Lower Malaga Cove is and always has been one of the most exclusive neighborhoods in Palos Verdes Estates. So few homes come on the market. A very special property with a spectacular Queen’s Necklace View. Point Dume to RAT Beach. Beautiful hardwood floors, a recent designer kitchen remodel grabs your attention once you loak away from the panoramic view. If you like to garden, the greenhouse will allow your green thumb to flourish. Or if you are a handy person then the workshop is for you. The second master bedroom or in-law quarters on the lower level has its own private entrance or can be accessed by the elevator. The elevator is located off the main level center hallway giving you access to the lower 2nd master/in-law and garage. You are a short walk to the Palos Verdes Swim Club, the trails down to the tide pools and the fun activities at the historic Malaga Cove School.
About 556 Via Media , Palos Verdes Estates 90274
Directions:Off Via Almar or Paseo Del Mar
General Description
Property Type
Residential
Property Sub Type
Single Family Residence
List Price
$2,495,000
Days On Market
80
Bedrooms
2
Baths – Total
3
Baths – Full
3
Living Area
2,601
Lot SqFt
6,728
Lot Acres
0.1545
$/SqFt
$959.25
Year Built
1952
Facts & Features
List Date
09-01-17
Original Price
$2,495,000
Levels
Two
Garage Spaces
2
Parking Spaces
2
Senior Community
No
Laundry
In Closet
Cooling
None
Heating
Central Furnace
Fireplace
Living Room
Pool
None
View
City Lights, Coastline, Mountain, Ocean, Panoramic, White Water
Interior
Rooms
Converted Bedroom, Kitchen, Living Room, Main Floor Master Bedroom, Office, Separate Family Room, Workshop
Interior Features
Balcony
Exterior
Lot Features
Back Yard, Landscaped, Sprinkler System
Sewer
Public Sewer

The Mortgage Challenge

MortgageChallenge

 

Home Is Never Far Away

The majority of renters who plan to buy a home soon don’t expect to move far when they do. More than half will stay in the same county, if not the same neighborhood.


Get the App – Palos Verdes Dream Homes

Palos Verdes Dream Homes

 

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Make cost-effective home improvements

Imagine walking into an important job interview looking like you just dragged yourself out of bed. You’d be unlikely to make a good impression and diminish your chance of securing the job.

The same goes for selling a home. First impressions are lasting. Some buyers won’t even look at the inside of a listing that doesn’t have good curb appeal.

Today’s buyers are picky. There is no sense of urgency in the market, so buyers are holding out for the best home they can find that will work for them for years to come. In some areas, there are a lot of homes for sale. It’s important to make sure that buyers will be attracted to your home before they even walk through the front door.

Fortunately, exterior improvements needn’t be expensive. The recent Remodeling Cost vs. Value Report 2010-2011 found that the improvements that yielded the highest return on the investment when sold were a new steel front door and a new garage door.

The average cost nationally for a new front door was $1,218; the return was 102 percent. The average cost for a new garage door was $1,191; the return was 83.9 percent. The top nine of 10 most cost-effective improvements nationally were for exterior projects. Curb appeal is as important as ever, and may be more so in this market.

The Remodeling Cost vs. Value Report is a collaborative report done annually by Remodeling Magazine and the NATIONAL ASSOCIATION OF REALTORS®. It compares construction costs with resale values, which are based on estimates from more than 3,000 REALTORS® and appraisers.

Sprucing up the front yard for sale needn’t be costly. Clean out weeds and dead plants. Add flowering plants for color and mulch to tidy up areas that aren’t heavily planted. Replace a lawn that has seen better days with less lawn and a border bed of flowering shrubs.

Do in-ground planting well in advance, if possible, so that plants have a chance to get established before your home goes on the market. If you have no choice and must plant at last minute, be sure to remove the ID tags from the nursery.

A deteriorated fence should be removed, repaired or replaced. Any peeling paint on the front walk and steps and house exterior and trim should be refreshed. The side of the house that gets the most exposure needs the most maintenance. If you’ve let it go, you’ll be docked dollars by the buyers unless you repaint where needed before you sell.

HOUSE HUNTING TIP: The amount returned on home improvement investments varies from one location to the next. It’s important to consult with your local real estate agent before you embark on an upgrade to make sure that you don’t overpay on an improvement that won’t generate the desired result. Most homeowners assume they’ll get their money back and more when they sell. In fact, most upgrade investments often don’t return 100 percent of the amount invested, particularly in a down market.

A minor mid-range kitchen remodel returns 72.8 percent nationally, according to the 2010-11 Remodeling Cost vs. Value Index. In the Pacific region of the U.S., you’re likely to recoup 84.1 percent.

However, a major upscale kitchen remodel pays back only 59.7 percent nationally and 66 percent in the Pacific region. It makes sense to take on a major remodel project only if you’re staying in your home and can enjoy the use of the improvements before selling. A deck addition ranked high on the list of popular exterior improvements. Although, nationally the cost recouped is only 72.8 percent, it may be an essential enhancement if your home has no outdoor living space and all the homes for sale in your neighborhood do.

THE CLOSING: Supply and demand in your local area will also impact how much you’ll recoup from your fix-up investments.