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Jennifer Hamilton, DRE#01800791, Owner/Broker
REALTOR®, CRP, GRP, Director of Relocation
(805) 543-2172 ext. 30

1 Park Place, Rancho Palos Verdes, CA 90275

$3,299,000
  • 1 Park Place, Rancho Palos Verdes, CA 90275 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET2,976 MLS#PV26156102
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLPalos Verdes Peninsula Unified

Listing Courtesy of: Estate Properties
Agency Phone: 310-544-9999
Associate Name: Joe Alessi
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Jennifer Hamilton, DRE#01800791, Owner/Broker


Property Description

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.

1 Park Place | MLS# PV26156102

This single family home located at 1 Park Place, Rancho Palos Verdes, CA 90275 is currently listed for sale with an asking price of $3,299,000. This property was built in 1983 and has 3 bedrooms and 1 full baths with 2976 sq. ft. Park Place is located within the Palos Verdes Peninsula Unified school district. Search Rancho Palos Verdes real estate on jenniferhamilton.farrellsmyth.com today.

Property Features

Property Type: Residential - Single Family
Cooling: CentralAir
Garage: 2 car attached
Heating: Central
Lot Size: 0.59 Acres
Roof Type: Tile
Stories: 1.0
Year Built: 1983

Amenities

RainGutters

Feature Descriptions

Appliances: Dishwasher, ElectricCooktop, Refrigerator
Association Amenities: Other
Community Features: Park
Days on Site: 6
Exclusions: Washer/Dryer
Fireplace: FamilyRoom, LivingRoom
Flooring: Tile, Wood
HOA Fee: 100/ Annually
Laundry: Inside
Parcel#: 7581032004
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Patio/Porch: Concrete
Pool: Heated, InGround, Private
Sewer: PublicSewer
Spa: Yes
Spa: InGround
Special View Info: Catalina, Ocean, Panoramic
Swimming Pool: Yes
Units: 1
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Estate Properties
Agent Name: Joe Alessi
Agency Phone: 310-544-9999

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Estimate Your Payment

Estimated Payment

$ 8,304.35 per month $7,342.14 Principal & Interest $0.00 Property Tax (data not provided by mls) $962.21 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/18/2026. The listing information on this page last changed on 09/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/18/2026 12:31:20 AM EST) or CRMLS (last updated Fri 09/18/2026 12:15:39 AM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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