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1 Park PlaceRancho Palos Verdes, CA 90275

For Sale

$3,299,000

Smart Buyer Rebate $32,990

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.

Listed by Joe Alessi

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License #01844404

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Estate Properties

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310-738-3262

Last updated September 14, 2026

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Source: CRMLS #PV26156102

Listing Facts

  • TypeSingle-family
  • NeighborhoodSouth Bay
  • Bedrooms3
  • Bathrooms1
  • Days on Prevu4
  • HOA/Maint. Fees$100/annual
  • Size2,976 sqft
  • Price per sqft$1,109

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

09/11/2026
Listed by Estate Properties
$3,299,000
  1. 09/11/2026$3,299,000
    Listed by Estate Properties

Property Details for 1 Park Place

Association

Amenities

  • Association Amenities: Other
  • Community Features: Park

Fees

  • Association Fee: $100.00 Annually

General

  • Association Name: PVPP HOA

Exterior

Construction

  • Number Of Units Total: 1
  • Roof: Tile
  • Stories: 1
  • Stories Total: 1
  • Structure Type: House
  • Year Built: 1983
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Exterior Features: Rain Gutters

Features

  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • View: Ocean, Panoramic

Measurements

  • Lot Size Acres: 0.59
  • Lot Size Area: 25,917
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 25,917
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 7581032004

Interior

Features

  • Appliances: Dishwasher, Electric Cooktop, Refrigerator
  • Fireplace Features: Family Room, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Spa Features: In Ground
  • Spa: Yes

Measurements

  • Living Area: 2,976
  • Living Area Source: Estimated
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2

Other

General

  • Exclusions: Washer/Dryer

Location

  • Tax Lot: 4

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage
  • Parking Total: 2

Schools

Elementary School

  • Elementary School: Vista Grande

High School

  • High School: Peninsula
  • High School District: Palos Verdes Peninsula Unified

Middle or Junior School

  • Middle Or Junior School: Ridgecrest

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 1 bathroom in this single-family home at 1 Park Place.

What schools are nearby to 1 Park Place?

Nearby schools include the Vista Grande Elementary School, Ridgecrest Middle School, and Peninsula High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 1 Park Place.

How does 1 Park Place compare to other single-family homes in South Bay?

This single-family home is listed 6% above the average price for single-family homes in South Bay and has been on the market for 95 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is part of the PVPP HOA home owners association.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,976 sqft.

1 Park Place is a 3-bedroom, 1-bath single-family home for sale in Rancho Palos Verdes CA 90275. Listed on Prevu for 4 days at $3,299,000. This home features 2,976 square feet of living space, located in South Bay. The median listing price for single-family homes in this area is $1,400,000. Nearby schools include Vista Grande Elementary School, Ridgecrest Middle School, and Peninsula High School. Additional amenities include dishwasher, air conditioning, parking, and swimming pool. Explore more single-family home listings in Los Angeles County.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.