Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

2 Avenida De Olma

Rancho Palos Verdes, CA, 90275

1 / 22View all 22 photos

$2,499,000

MLS: SB26040913

Beds

4

Baths

4

Sq Ft

4,741

Lot

0.19 ac

Year Built

1990

MLS #

SB26040913

Days on Market

45

Listed

Feb 27, 2026

Description

2 Avenida De Olma is located in a gated secure community in Rancho Palos Verdes Estates. Beautifully designed, this spacious home is over 4,700-square-feet. With a combination of tasteful, timeless elegance, views, and location this home boasts a setting that’s increasingly rare on the Peninsula. Nestled within an exclusive enclave of only 67 homes with 24-hour security, the property has sweeping ocean, coastline, and city-light views. From its elevated position the backdrop enhances both day and night time entertaining. With 4 bedrooms and 4 bathrooms on an approximately 8,025-square-foot lot, the home features high ceilings, oversized rooms, and formal living. The possibilities for entertainment both night and day are limitless. The versatile floor plan offers multiple options for modern living, work-from-home spaces, and personalized layouts. This well-maintained residence has been thoughtfully updated with key systems including a newer furnace, refrigerator, and sprinkler system. Buyers can rest assured with peace of mind that this extraordinary home will only be enhanced with the personal touches of the lucky new owner. A three-car garage adds convenience and plenty of storage. Situated within the highly regarded Palos Verdes Peninsula Unified School District and just minutes from coastal trails, golf courses, and local amenities, this is a rare opportunity in a community where view properties seldom come on the market. Schedule a private showing to experience the setting, and lifestyle that is Highly sought after in our beloved Southern California community

Location

Rancho Palos Verdes, Los Angeles County, CA 90275

Open on Google Maps ↗

Listed by: Pamela Gillett · Scott Anastasi Realty, Inc.

Payment estimate

$17,659

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $249,900 · Loan: $2,249,100

%
Principal & Interest
$13,819
Property tax (1.25%)
$2,603
Homeowners insurance
$300
Mortgage insurance
$937
Open the full calculator →

Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Rancho Palos Verdes home with as little as 3.5% down using an FHA loan — roughly $87,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Rancho Palos Verdes, CA 90275 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access