Under Contract

2 Pine Tree Lane

Rolling Hills CA, 90274

$8,995,000


$769.72 per sqft

Under Contract

7 Beds

7 Baths

11,686 sqft

Residential

Built in 1985

Listed by Jeff Yarbrough with Keller Williams Beverly Hills 310-432-6400

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!

23327895

MLS ID

November 7, 2023

Listed

April 26, 2024

Updated

Map

2 Pine Tree Lane
Rolling Hills CA, 90274

Interior Features

Total Stories

2


Bedrooms

7 Beds


Bathrooms

7 Baths


Interior Features

Walk-In Pantry, Walk-In Closet(s)


Laundry Description

Laundry Room


Fireplace

Yes


Fireplace Description

Family Room, Living Room, Primary Bedroom


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.63 Acres


Architectual Style

Ranch


Sewer

Other

School Information

School District

Palos Verdes Peninsula Unified

Other Property Details

Area Name

166 - Rolling Hills


Days on Market

171


Association Fee

$14,500


Association Fee Frequency

Yearly


Association Amenities

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


Garage

Yes


Garage Spaces

4


Parking

Circular Driveway


Parking Total

9


View

Yes


View Description

City Lights, Coastline, Hills


County

Los Angeles


Pool

No


Pool Features

Heated, Infinity, Waterfall


Zoning

RHRAS2*


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

3/29/2024

Under Contract

1/29/2024

Price Change

$8,995,000

-8%

Listing Contact: 310-432-6400 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/26/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/26/2024 at 6:09 PM UTC

 

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