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$5,950,000 -$849,000 (-12.49%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 6 Full Baths
  • 7,734 Sq. Ft.
  • 3 Car Garage
  • Updated 1 day ago
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Spectacular Ocean & Catalina Views - A Rare Luxury Estate! Experience breathtaking views from this expansive estate, boasting over 7,700 sq. ft. of living space on an impressive 65,479 sq. ft. lot. Designed for both grand entertaining and intimate gatherings, this home features multiple living and dining areas, two family rooms, and a gourmet center-island kitchen. The luxurious master suite is a private retreat, complete with a spa-like bath and sauna. Step outside into a resort-style backyard, where lush landscaping surrounds multiple seating areas, a sparkling pool and spa, a tennis court, and unobstructed ocean views extending to Catalina. A private gated entry and expansive driveway provide security and convenience, making this home perfect for hosting guests.

Full Property Details for 940 Paseo La Cresta

General

  • Price: $5,950,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: PV25046515
  • Updated: 1/17/2026
  • Days on Market: 321 days
  • Added to Site: 321 day(s) ago

Interior

  • Rooms/Areas: Dressing Area, Entry, Family Room, Formal Entry, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Sauna, Separate Family Room, Utility Room, Walk-In Closet, Wine Cellar
  • Interior Features: 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Elevator, Recessed Lighting, Storage, Sunken Living Room, Tile Counters, Wet Bar
  • Fireplace: Yes
  • Fireplace(s): Dining Room, Family Room, Game Room, Living Room, Primary Bedroom
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook, Dining Room, See Remarks
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Refrigerator, Vented Exhaust Fan
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup

Additional Information

  • Pool: Yes
  • Pool Description: Private, Diving Board, In-Ground, Salt Water
  • Spa Description: In-Ground

Exterior

  • Deck/Patio: Covered, Patio, Open Patio, Slab, Stone

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking: Automatic Driveway Gate, Built-In Storage, Garage (Direct Access), Driveway, Paved, Garage Faces Side, Garage (Three Doors), Gated, Oversized, Parking Space

Location

  • County: Los Angeles
  • Driving Directions: Via Fernandez to Paseo La Cresta

School Information

  • School District: Palos Verdes Peninsula Unified

Community

  • Community Features: Gutters, Storm Drains

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Single Family Residence
  • Construction: Stucco
  • Roof: Tile
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows, Skylight(s), Stained Glass
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,734
  • Sq. Ft. Source: Assessor
  • Year Built: 1981
  • Year Built Source: Assessor

Lot Features

  • Property View: Catalina, Ocean, Panoramic, Water
  • Lot Size (Acres): 1.5032
  • Lot Size (Sq. Ft.): 65,479
  • Lot Size Source: Assessor
  • Irrigation System: Sprinkler System
  • Zoning: PVR1*
  • Lot Description: Back Yard, Front Yard, Gentle Sloping, Lot Over 40000 Sqft, Secluded, Sprinkler System
  • Fencing (Description): Security, Stucco Wall, Wrought Iron

Financial Considerations

  • Price Per Sq. Ft.: $769.33

Disclosures and Reports

  • Special Conditions: Trust

Listed by Estate Properties, Gayle Probst

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Listing agent

— 940 Paseo La Cresta —

  • Gayle Probst

    Estate Properties

310-977-9711

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 940 Paseo La Cresta

School District:Palos Verdes Peninsula Unified School District
NameGradesDistance
Montemalaga Elementary School
1121 V?a Nogales, Palos Verdes Estates, CA 90274
K-50.7 mi
Palos Verdes Intermediate School
2161 V?a Olivera, Palos Verdes Estates, CA 90274
6-80.7 mi
Palos Verdes High School
600 Cloyden Road, Palos Verdes Estates, CA 90274
9-120.9 mi
Palos Verdes Peninsula High School
27118 Silver Spur Road, Rolling Hills Estates, CA 90274
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 940 Paseo La Cresta Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/17/2026
Price Reduced
$5,950,000
-12.49%
MLS
4/23/2025
Price Reduced
$6,799,000
-5.57%
MLS
3/03/2025
Listed
$7,200,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 940 Paseo La Cresta

Year
Property Taxes
Change
Tax Assessment
Change
2025
$37,823
6%
$3,075,052
4%
2023
$35,627
5%
$2,955,646
2%
2022
$33,917
—
$2,897,693
2%
2021
$33,875
1%
$2,840,877
1%
2020
$33,435
3%
$2,811,749
2%
2019
$32,474
1%
$2,756,618
2%
2018
$32,028
8%
$2,702,568
2%
2017
$29,525
-3%
$2,649,577
2%
2016
$30,361
1%
$2,597,626
2%
2015
$30,041
1%
$2,558,608
2%
2014
$29,609
—
$2,508,489
—
2013
$29,529
—
$2,497,153
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Estate Properties, Gayle Probst

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940 Paseo La Cresta, Palos Verdes Estates, CA 90274 (MLS# PV25046515) is a Single Family property with 5 bedrooms and 6 full bathrooms. 940 Paseo La Cresta is currently listed for $5,950,000 and was received on March 03, 2025. Want to learn more about 940 Paseo La Cresta? Do you have questions about finding other Single Family real estate for sale in Palos Verdes Estates? You can browse all Palos Verdes Estates real estate or contact a Coldwell Banker agent to request more information.

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