Situated on a coveted street in highly desired lower Lunada Bay, this exquisite coastal Mediterranean estate, designed by renowned architect, Doug Leach, and custom built in 2009, offers unparalleled design and comfort with modern aesthetics. Excellent curb appeal with a beautifully landscaped spacious front courtyard highlighted with a decorative fountain. This well-thought-out, open concept floor plan allows free flowing, stylish living, elegant entertaining, and multi-functional spaces. Upon entering the foyer, one is greeted with the gracious formal living and dining room to the right, and to the left a spacious guest suite with ensuite bathroom. The huge great room seamlessly integrates the family room with an impressive fireplace, and gourmet kitchen with top notch high-end stainless appliances and butler’s pantry, which is anchored by the large center island. The casual dining area leads to the gorgeous terraced rear yard. In the upstairs living area, retreat to the beautiful owner’s suite, designed for ultimate relaxation and privacy, complete with a luxurious ensuite bathroom with dual vanities, jacuzzi spa tub, plus a substantial walk-in closet. Additionally, on the second floor, are two more spacious bedrooms, another luxurious full-sized bathroom, plus an executive office with an adjoining viewing deck (or 5th bedroom). Numerous notable features – see attached ‘Features Sheet’ in supplements. Stunning, well-appointed, and private rear yard, beautifully designed hardscape and landscape, with multiple patios for quality everyday living and entertainment. Flow into the lower patio, just off the great room, to the sizable built-in seating surrounding a large firepit, creating a warm ambience to light up the night. Enjoy ocean and sunset views from the upper deck that boasts a generously sized outdoor kitchen, complete with imported Italian wood burning pizza oven, professional BBQ, sit-up bar and al fresco dining. Discover another level boasting a hidden lounge area. California lifestyle at its best in this quintessential neighborhood, removed from hectic city life, yet with good on/off hill access! This idyllic location is priceless, with hiking trails and ocean bluffs - hike down to Bluff Cove for great surfing! Close to Lunada Bay Plaza for eateries, local market, hardware, liquor and pet stores, plus enjoy summer concerts in the park. Oh, and did I mention the home is just a short stroll to award winning Palos Verdes High School!
Single-familyProperty Type
2009Year Built
8,950 sq ftLot Size
$1,169Est. Price/Sq.Ft.
2 car garageParking
Listed by Steve Smith•DRE #01100068• Compass
Bought with Daniel Assayag•DRE #01762501• Vista Sotheby’s International Realty
* * estate sale * * corner lot, newer roof, partial horizon ocean views from living rm, all original, covered patio, rose garden, huge rear yard, great potential, great location. property being sold as-is no warranties implied nor expressed by seller.
Year
Property tax
Land + Additions
Assessment*
2025
$7,967 (+6.9%)
$264,768 + $228,435
$493,203
2024
$7,452 (−65.2%)
$264,768 + $228,435
$493,203
2023
$21,431 (+5.1%)
$259,577 + $223,956
$483,533
2022
$20,393
$653,287 + $1,130,066
$1,783,353
2021
$20,388 (+1.3%)
$640,478 + $1,107,908
$1,748,386
2020
$20,119 (+3.0%)
$627,920 + $1,086,185
$1,714,105
2019
$19,537 (+0.7%)
$621,482 + $1,075,048
$1,696,530
2018
$19,401 (+8.0%)
$609,297 + $1,053,969
$1,663,266
2017
$17,956 (−2.4%)
$585,638 + $1,013,043
$1,598,681
2016
$18,402 (+1.1%)
$585,638 + $1,013,043
$1,598,681
2015
$18,207 (+1.5%)
$574,155 + $993,180
$1,567,335
2014
$17,934 (+0.6%)
$554,454 + $959,100
$1,513,554
2012
$17,819 (+3.3%)
$551,949 + $954,766
$1,506,715
2011
$17,254 (+3.6%)
$541,127 + $936,046
$1,477,173
2010
$16,655 (+101.3%)
$530,517 + $917,693
$1,448,210
2009
$8,275 (+5.8%)
$526,553 + $910,835
$1,437,388
2008
$7,821
$516,176 + $129,040
$645,216
Tax history for 1716 Addison Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,967 (+6.9%)
$264,768 + $228,435
$493,203
2024
$7,452 (−65.2%)
$264,768 + $228,435
$493,203
2023
$21,431 (+5.1%)
$259,577 + $223,956
$483,533
2022
$20,393
$653,287 + $1,130,066
$1,783,353
2021
$20,388 (+1.3%)
$640,478 + $1,107,908
$1,748,386
2020
$20,119 (+3.0%)
$627,920 + $1,086,185
$1,714,105
2019
$19,537 (+0.7%)
$621,482 + $1,075,048
$1,696,530
2018
$19,401 (+8.0%)
$609,297 + $1,053,969
$1,663,266
2017
$17,956 (−2.4%)
$585,638 + $1,013,043
$1,598,681
2016
$18,402 (+1.1%)
$585,638 + $1,013,043
$1,598,681
2015
$18,207 (+1.5%)
$574,155 + $993,180
$1,567,335
2014
$17,934 (+0.6%)
$554,454 + $959,100
$1,513,554
2012
$17,819 (+3.3%)
$551,949 + $954,766
$1,506,715
2011
$17,254 (+3.6%)
$541,127 + $936,046
$1,477,173
2010
$16,655 (+101.3%)
$530,517 + $917,693
$1,448,210
2009
$8,275 (+5.8%)
$526,553 + $910,835
$1,437,388
2008
$7,821
$516,176 + $129,040
$645,216
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
8,952 Sq. Ft.
Year renovated
2009
Sq. Ft.
3,619
Year built
2009
Style
Single Family Residential
County
Los Angeles County
APN
7541012021
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 7, 2026.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
Garage, Garage Door Opener
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Individual Room, On Upper Level
Kitchen Information
Appliances: 6 Burner Stove, Barbecue, Built In Range, Dishwasher, Garbage Disposal, Gas Range, Microwave, Range/Stove Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warmer Oven Drawer, Water Purifier
Has Appliances
Breakfast Counter / Bar, Breakfast Nook, Formal Dining Room, Separated
Butler’s Pantry, Granite Counters, Kitchen Island, Kitchen Open to Family Room, Remodeled Kitchen, Self-closing cabinet doors, Self-closing drawers
Bathroom Information
# of Baths (Full): 4
Bathtub, Low Flow Toilet(s), Double Sinks In Master Bath, Exhaust fan(s), Granite Counters, Heated Floor, Jetted Tub, Linen Closet/Storage, Main Floor Full Bath, Privacy toilet door, Remodeled, Separate tub and shower, Vanity area, Walk-in shower
Cooling Information
Central
Has Cooling
Room Information
Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Office, Two Primaries, Walk-In Closet
Fireplace Information
Living Room, Primary Retreat, Outdoors, Patio, Gas, Gas Starter, Wood, Fire Pit, Great Room
Has Fireplace
Flooring Information
Stone, Wood
Heating Information
Fireplace, Forced Air, Wood
Has Heating
Interior Features
French Doors
Entry Level: 1
Entry Location: Street
Balcony, Built-Ins, Copper Plumbing Full, Granite Counters, High Ceilings (9 Feet+), Open Floor Plan, Pantry, Recessed Lighting, Storage Space, Wired for Sound
Patio And Porch Features: Deck, Patio, Patio Open, Stone
Has Patio
Pool Features: None
Has Sprinklers
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Sprinkler System, Sprinklers Timer, Up Slope from Street
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 7541012021
Property Condition: Turnkey
Total # of Stories: 2
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Biking, Hiking
School Information
High School District: Palos Verdes Peninsula Unified
Location Information
Latitude: 33.78267300
Longitude: -118.41515600
Directions: Between Cloyden Road and Margate Square
Zoning: PVR1*
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 3,619
Stories: —
Lot Size: 8,952 square feet
Style: Single Family Residential
Year Built: 2009
Year Renovated: 2009
County: Los Angeles County
APN: 7541012021
Home facts updated by county records on Jul 7, 2026
Other
Listing Information
Days Active in MLS: 3
Continuous Days Active in MLS: 3
Listing Agent Information
List Agent First Name: Steve
List Agent Last Name: Smith
Listing Office Information
List Office Name: Compass
Selling Agent Information
Buyer Agent First Name: Daniel
Buyer Agent Last Name: Assayag
Selling Office Information
Buyer Office Name: Vista Sotheby’s International Realty
Around this home
Schools
Lunada Bay Elementary School
Public K-5 • Assigned • 1.0mi
9/10
Palos Verdes Intermediate School
Public 6-8 • Assigned • 0.4mi
8/10
Palos Verdes High School
Public 9-12 • Assigned • 0.3mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...