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2 Pine Tree Lane

Rolling Hills, CA 90274

7 beds
8 baths
11,686 sqft
~3 acre lot
$684 per sqft
1985 build
– on site

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!

Listed By CRMLS_CA / Jeff Yarbrough / Keller Williams Beverly Hills

Last checked: Checking… • Last updated May 8, 2024 •

MLS# 23327895 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1985
Year Built Source:

Assessor
New Construction:

No
Architectural Style:

Ranch
Common Walls:

No Common Walls
Faces:

North
Stories Total:

2

Interior

Levels:

Two
Room Type:

Primary Bathroom, Living Room, Home Theatre, Entry, Family Room, Walk-In Closet, Walk-In Pantry, Basement, Office
Living Area Source:

Estimated
Fireplace:

Yes
Fireplace:

Family Room, Living Room, Primary Bedroom
Laundry:

Individual Room
Laundry:

1

Room Dimensions

Living Area:

11686.00

Financial & Terms

Disclosures:

Property Report

Location

Directions:

South of Palos Verdes Dr. N. Gated community. No access without an appt.
Latitude:

33.76578800
Longitude:

-118.34970600

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Property Condition:

Under Construction
Zoning:

RHRAS2*
Lot Size Area:

114608.0000
Lot Size Acres:

2.6310
Lot Size SqFt:

114608.00
Lot Size Source:

Assessor
View:

1
View:

Coastline, City Lights, Hills
Lease Considered:

No

Listing Agent

Contact info:

Beds

Total Bedrooms:

7

Baths

Total Baths:

8
Full & Three Quarter Baths:

6
Full Baths:

6
Half Baths:

2

The Listing

Buyer's Brokerage Compensation:

2.500%
Virtual Tour
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

7569012018

Utilities

Sewer:

Other

Appliances

Included:

Yes

Schools

High School District:

Palos Verdes Peninsula Unified

The Community

Senior Community:

No
Pool:

Infinity, Waterfall, Heated
Spa:

1
Spa Features:

In Ground, Heated
Inclusions:

$1,000,000+ of pre-paid materials.
Association Amenities:

Tennis Court(s), Controlled Access, Horse Trails, Security
Association:

Yes
Association Fee:

$14,500
Association Fee Frequency:

Annually
Assessments:

No

Parking

Parking:

Yes
Parking:

Circular Driveway
Parking Spaces:

9.00
Garage Spaces:

4.00
Uncovered Spaces:

5.00

Monthly cost estimate

Asking price

$7,995,000

Expense	Monthly cost
Mortgage	$42,810
Taxes	N/A
Insurance	$2,198
HOA fees	$1,208
Utilities	$393 See report
Total	$46,609/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/3/24 May 3, 2024	Listed / Active	CRMLS_CA	$7,995,000	-11.1%
3/29/24 Mar 29, 2024	Sold Subject To Contingencies	CRMLS_CA	$8,995,000
1/29/24 Jan 29, 2024	Price Changed	CRMLS_CA	$8,995,000	-7.7%

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This house located in South Bay, Rolling Hills, CA 90274 is currently for sale for $7,995,000. 2 Pine Tree Lane is a 11,686 square foot house with 7 beds and 8 baths that has been on Estately for 183 days. 2 Pine Tree Lane is in the South Bay neighborhood of Rolling Hills. This house is in the attendance area of Dapplegray Elementary School, Miraleste Intermediate School, Palos Verdes Peninsula High School, and Palos Verdes High School.

Listing Courtesy of: CRMLS_CA and Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of 17:44 on May 08.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.