2 Pine Tree Lane
Rolling Hills, CA, 90274 $ 7,995,000
Bedrooms7 Baths6.2 Sq 11,686 Monthly Estimate*
$ 55,847
Listed by Keller Williams Beverly Hills
for $7,995,000 with 7 bedrooms and 6 full baths, 2 half baths. This 11,686 square foot home was built in 1985 on a lot size of 2.631.
Rare, unique, once-in-a-decade opportunity to purchase a prime residence the gated community of Rolling Hills and either finish the remodeling that was started, with over $1,000,000 in paid-for-and-purchased finishes, fixtures, cabinets, appliances, doors, and miscellaneous inventory OR use some of what's already here and customize to suit specific wants and needs. Either way, it's the greatest gift to be offered this season in the Rolling Hills real estate landscape. And what a site! This unfinished 7BR/6BA 11,686 sq.ft. 2-story (which is "grandfathered," but no others will be allowed to be built in the Community) Ranch-style home is bursting with unobstructed views of the Pacific Ocean, The Queen's Necklace coastline up to Malibu and even downtown Los Angeles' sparkling skyline. Also outside is a knife's edge infinity lap pool, bubbling spa, pickle ball court, croquet/sports lawn, and meandering pathways through the 2.63 acre (114,584 sq.ft.) lot. A circular motor court provides party-scale parking off-street. And if you aren't spent after doing laps, beating your pickle ball opponents, and hiking around your own park-like grounds, head inside for a regulation sized round of racquetball in air-conditioned comfort. Existing plans for the interiors include a home theater, gym, grand primary suite with a spa-like bathroom and boutique-sized walk-in closet. Architectural plans and HOA approvals are ready to be passed along. Specs on plumbing, lighting, cabinets, appliances, and finishes are all available - and the vast majority of items are already purchased and on-site. Spreadsheets and inventory lists can be made available to buyers who provide listing agent proof of funds to close. Rolling Hills, originally conceived by developer A. E. Hinton who headed the Palisades Development Co. Hinton once said, "Open space is an irreplaceable asset." And on over 2.5 acres, it couldn't be more true than at 2 Pine Tree Lane. Bring your contractor and get started today!
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FeaturesGeneralInterior Features WalkInPantry WalkInClosets
Sewer Other
Possession CloseOfEscrow
Zoning RHRAS2*
HOA 14500.0
Garage Spaces 4.0
Architectural Style Ranch
Pool Features Heated Infinity Waterfall
Year Built 1985
View CityLights Coastline Hills
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Assoc Fee Paid Per Annually
County Los Angeles
New Construction N
Property Type Residential
Association Amenities ControlledAccess HorseTrails Security TennisCourts
HOA / Comm Assn Y
Attached Garage N
Facing Direction North
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions South of Palos Verdes Dr. N. Gated community. No access without an appt.
City Rolling Hills
Disclosures SellerDisclosure
View Y/N Y
Senior Community Y/N N
High School District Palos Verdes Peninsula Unified
Open Parking Spaces 5.0
MLS Area 166 - Rolling Hills
Lot Size Square Feet 114608.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Pine Tree
Spa Features Heated InGround
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Property Condition UnderConstruction
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=ku3MK2qt2D9
Days on Market 179
Standard Status Active
Occupancy Type Vacant
Year Built Source Assessor
Property Sub Type Additional SingleFamilyResidence
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InteriorFurnished Y/N Unfurnished
Fireplace Features FamilyRoom LivingRoom PrimaryBedroom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N Y
Full Baths 6
Half Baths 2
1/4 Baths 0
3/4 Baths 0
Street Suffix Lane
Laundry Features LaundryRoom
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 8
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ExteriorParking Features CircularDriveway
Total Parking 9.0
Inclusions $1 000 000+ of pre-paid materials.
Lot Size Area 114608.0
Spa Y
Building Area Total 11686.0
Lot Size Acres 2.631
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByKeller Williams Beverly HillsBroker
Affordability Calculator
- Monthly Principal & Interest
- $55,847
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Rolling Hills, CA
Average List Price $5,909,947
Percent of Sale Price 26%
About Rolling Hills, CA 749 Population
21% Since 2002
$ 76,200 Median Income
54.16 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4338765 Elementary School
4338622 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/3/2024 | $7,995,000 | -11.12% | Price Down |
1/29/2024 | $8,995,000 | -7.74% | Price Down |
11/8/2023 | $9,750,000 | | Listed Price |