1 Park Place Rancho Palos Verdes CA 90275 | MLS #PV26156102

1 Park Place
Rancho Palos Verdes, CA, 90275
$3,299,000
3 Beds
2.5 Baths
2,976 SqFt
0.6 Acres
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MLS #PV26156102 image #0
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.

Property Details

Price:
$3,299,000
MLS #:
PV26156102
Status:
Active Under Contract
Beds:
3
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
172lacresta
Listed Date:
Sep 11, 2026
Finished Sq Ft:
2,976
Lot Size:
25,917 sqft / 0.60 acres (approx)
Year Built:
1983
OceanviewPool172 – La Cresta172lacrestaPalos Verdes Peninsula UnifiedVista GrandeRidgecrestPeninsulaOcean

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Schools

School District:
Palos Verdes Peninsula Unified
Elementary School:
Vista Grande
Middle School:
Ridgecrest
High School:
Peninsula

Interior

Appliances
Refrigerator, Dishwasher, Electric Cooktop
Bathrooms
1 Full Bathroom, 2 Three Quarter Bathrooms
Cooling
Central Air
Flooring
Tile, Wood
Heating
Central
Laundry Features
Inside
Levels
One
Main Level Bathrooms
3
Main Level Bedrooms
2

Exterior

Association Amenities
Other
Attached Garage YN
1
Common Walls
No Common Walls
Community Features
Park
Covered Spaces
2
Exterior Features
Rain Gutters
Garage Spaces
2
Lot Features
Lot 20000-39999 Sqft
Open Parking YN
1
Parking Features
Garage, Driveway
Parking Spots
2
Parking Total
2
Patio And Porch Features
Concrete
Roof
Tile
Spa Features
In Ground
Stories
1
View
Ocean, Catalina, Panoramic

Financial

HOA Fee
$100
HOA Fee Frequency
Annually
HOA Name
PVPP HOA
HOA Phone
3102669098

Map

Community

Market Summary

Current real estate data for Single Family in Rancho Palos Verdes as of Oct 19, 2026
133
Single Family Listed
91
Avg DOM
851
Avg $ / SqFt
$2,937,916
Avg List Price

Property Summary

    1 Park Place Rancho Palos Verdes CA is a Single Family for sale in Rancho Palos Verdes, CA, 90275. It is listed for $3,299,000 and features 3 beds, 3 baths, and has approximately 2,976 square feet of living space, and was originally constructed in 1983. The current price per square foot is $1,109. The average price per square foot for Single Family listings in Rancho Palos Verdes is $851. The average listing price for Single Family in Rancho Palos Verdes is $2,937,916. To schedule a showing of MLS#pv26156102 at 1 Park Place in Rancho Palos Verdes, CA, contact your Compass agent at 310.409.7242.

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1 Park Place
Rancho Palos Verdes, CA