Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

721 Via Somonte

Palos Verdes Estates, CA, 90274

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$3,195,000

MLS: PV26012116

Beds

2

Baths

3

Sq Ft

1,613

Lot

0.14 ac

Year Built

1953

MLS #

PV26012116

Days on Market

46

Listed

Jan 26, 2026

Description

Queen’s Necklace Views! Breathtaking, panoramic vistas of the Queen’s Necklace, city lights, mountains, and Downtown Los Angeles define this exquisitely custom-remodeled 2-bedroom, 3-bath home in sought-after Malaga Cove—a truly rare offering. The home features a thoughtfully designed open floor plan with stunning views from most rooms, complemented by custom cabinetry throughout that adds both beauty and functionality. The gourmet kitchen is a showpiece, featuring an oversized center island with white marble countertops and seating for six, top-of-the-line appliances including a Wolf 6-burner range and oven, Dacor refrigerator and freezer, Bosch dishwasher, hand-forged brass fixtures, and oak hardwood floors. A spacious dining and family room flows seamlessly from the kitchen, with doors opening to an ocean-view balcony. The inviting living room includes a fireplace and opens to an outdoor patio—perfect for entertaining and enjoying the coveted Malaga Cove lifestyle. The generous primary suite offers direct access to the rear patio and a beautifully remodeled bath with marble countertops, shower, and flooring. The second bedroom is currently used as an office, 2nd bathroom is a full with tub and shower, white marble counters, and finishes. A separate utility room with laundry, built-in workspace, 1/2 bath, and convertible daybed provides flexibility for overnight guests. The private backyard serves as a peaceful retreat—an ideal refuge to unwind, relax, and take in the serene surroundings. The home also has a finished two-car garage currently converted into a private at-home gym, which can be enjoyed in its current form, A rare opportunity to own a move-in-ready home with iconic views, refined updates, and an exceptional Malaga Cove location.

Location

Palos Verdes Estates, Los Angeles County, CA 90274

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Listed by: Michael Mackenbach · Estate Properties

Payment estimate

$22,494

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $319,500 · Loan: $2,875,500

%
Principal & Interest
$17,668
Property tax (1.25%)
$3,328
Homeowners insurance
$300
Mortgage insurance
$1,198
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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 Palos Verdes Estates home with as little as 3.5% down using an FHA loan — roughly $111,825 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 Palos Verdes Estates, CA 90274 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

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