1 Park Place, Rancho Palos Verdes, CA

$3,299,000

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3

Beds

3

Baths

2,976

Square feet

0.60

Acres

About 1 Park Place

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.

Features of 1 Park Place

MLS® # PV26156102
Price $3,299,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 2,976
Acres 0.60
Year Built 1983
Type Residential
Sub-Type Detached
Status Active

Community Information

Address 1 Park Place
Area RANCHO PALOS VERDES (90275)
City Rancho Palos Verdes
County Los Angeles
State CA
Zip Code 90275

Amenities

Parking Spaces 2
Parking Garage
# of Garages 2
View Ocean,Panoramic,Catalina
Is Waterfront No
Has Pool Yes
Pool Below Ground,Heated,Private

Interior

Appliances Dishwasher,Refrigerator
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace Yes
Fireplaces FP in Family Room,FP in Living Room
# of Stories 1
Stories 1 Story

Exterior

Roof Tile/Clay

Additional Information

Date Listed September 11th, 2026
Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeEstate Properties

Listing Map

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