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Every listing shows your estimated rebate.

The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.

At a glance

1 Park Place, Rancho Palos Verdes, CA, 90275

$3,299,000·3 bd·3 ba·San Diego MLS #PV26156102

Estimated Arrivva buyer rebate$56,000 to $90,000

Every completed rebate is published: see all 255 closings.

Listing data from San Diego MLS. Rebate estimate calculated by Arrivva.

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$3,299,000
36 Days On Site

1 Park Place
Rancho Palos Verdes, CA 90275

For Sale|Single Family Residence|Active Under Contract
3
Beds
3
Total Baths
3
Full Baths
2,976
SqFt
$1,109
/SqFt
1983
Built
County:
Los Angeles
Listed by Joe Alessi of Estate Properties (310) 738-3262
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
1 Park Place1 Park Place1 Park Place1 Park Place
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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 livinga home with a story unlike any other, ready for its next chapter.

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Listing Snapshot
Price 
$3,299,000
Days On Site 
36 Days
Bedrooms 
3
Inside Area (SqFt) 
2,976 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.595 Acres
Year Built 
1983
MLS® Number 
PV26156102
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
$8.33 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
a month agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
1
Parking 
Garage
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Total 
2976
Water Source 
Public
Interior Features
Appliances 
DishwasherRefrigerator
Cooling 
Central Air
Fireplace Features 
Family RoomLiving Room
Flooring 
TileWood
Heating 
Forced Air
Spa 
Yes
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Exterior Features
Pool Features 
PrivateHeatedIn Ground
Private Pool 
Yes
Spa 
Yes
View 
OceanPanoramic
Waterview 
OceanPanoramic
Community Features
Association Fee 
$100.0
Association Fee Frequency 
Annually
Listed by Joe Alessi of Estate Properties (310) 738-3262



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

Questions about this listing

How much could a buyer get back on 1 Park Place, Rancho Palos Verdes, CA, 90275?
Arrivva estimates a buyer rebate of $56,000 to $90,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
How do I schedule a tour of 1 Park Place, Rancho Palos Verdes, CA, 90275?
Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk

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