Some homes are special because of their architecture. Others because of their views. A very small number are special because of where they sit in the world.

1640 Paseo Del Mar is one of those rare properties.

Located directly across from the protected bluffs on one of the most prestigious streets in Palos Verdes Estates, this home occupies a position that simply cannot be replicated. With permanent parkland in front, unobstructed panoramic ocean views, and sightlines stretching from the Queen’s Necklace to Point Dume, this is a property defined not only by what it is, but by what will never change around it.

I am proud to share the successful closing of this extraordinary residence, which sold for $5,150,000 after thoughtful positioning, strategic pricing adjustments, and disciplined negotiation in a shifting luxury market. 

This sale is an excellent example of how experience, market knowledge, and patience matter, particularly when representing a high-value home in a nuanced coastal market like Palos Verdes Estates.

The Property at a Glance

Address: 1640 Paseo Del Mar, Palos Verdes Estates
Status: Closed
List Price: $5,480,000
Close Price: $5,150,000
Bedrooms: 5
Bathrooms: 6
Approximate Living Space: 4,400 square feet
Lot Size: Approximately 11,663 square feet
Price Per Square Foot: Approximately $1,170
Year Built: 1976, renovated and expanded in 2013
Garage: Three car detached with alley access
Levels: Two
Buyer Financing: Cash to loan
Close Date: January 23, 2026

But statistics alone do not tell the story of this home or of this sale.

A Location That Defines Value

Paseo Del Mar is widely considered one of the crown jewel streets of Palos Verdes Estates. Homes here benefit from a rare combination of elevation, coastline exposure, and protected land use that ensures views remain open and uninterrupted.

At 1640 Paseo Del Mar, the home sits directly across from the bluffs with protected parkland frontage. This means no future development, no risk of obstruction, and a sense of openness that is increasingly rare along the Southern California coastline.

From this vantage point, the views are truly panoramic. By day, the Pacific Ocean stretches endlessly, framed by coastline and sky. By night, the city lights come alive, with vistas that include downtown Los Angeles, the Hollywood Sign, and Griffith Observatory shimmering along the horizon. 

This type of view corridor is not something that can be manufactured through renovation or design. It is intrinsic to the land itself, which is why location remains the single most important driver of long-term value in Palos Verdes Estates.

The Home: Designed for Coastal Living and Entertaining

Spanning approximately 4,400 square feet, the residence was designed to maximize both comfort and connection to its surroundings.

Upper Level Living

All five bedrooms are located upstairs, an increasingly desirable layout for families and buyers who value privacy and separation from entertaining spaces.

The primary suite is a true retreat, offering expansive ocean views, a generous dressing area, and a luxurious en-suite bath. Two of the bedrooms enjoy direct access to a large balcony with sweeping coastal views, while three additional bedrooms share a second balcony overlooking the backyard and pool area. 

An upstairs laundry room adds convenience and functionality to daily living.

Main Level Living

The main level of the home was designed for seamless indoor-outdoor living. Large folding style doors open to the backyard and frame the ocean beyond, allowing coastal breezes and natural light to flow throughout the space.

The open concept layout includes a spacious kitchen that opens to the family room, a dining area ideal for gatherings, a dedicated home theater area, and an expansive living room with ocean views. Multiple fireplaces throughout the home add warmth and architectural interest. 

Two half baths serve the main level, including one with direct backyard access, a thoughtful feature for pool and outdoor entertaining.

Outdoor Living: A True Entertainer’s Setting

Outdoor space is a critical component of coastal luxury living, and this property delivers.

The backyard features a generous lawn, a built-in outdoor cooking area, a pool, and a spa. This setting allows for everything from casual family afternoons to large-scale entertaining, all set against the dramatic backdrop of the Pacific Ocean.

Parking is unusually plentiful for a coastal bluff property, with a three car garage accessed from the rear alley and an additional parking pad that accommodates up to five vehicles. 

The home is also elevator ready and offers potential for an accessory dwelling unit, adding flexibility for future owners.

The Market Context: Selling Luxury in a Transitional Year

This sale took place in a market that required precision.

The luxury real estate market in 2025 and early 2026 has been defined by selective buyers, elevated expectations, and a renewed emphasis on value relative to condition and location. Interest rates have influenced buyer behavior, but in markets like Palos Verdes Estates, quality properties continue to attract serious attention.

That said, even exceptional homes must be positioned correctly.

This property originally entered the market at a higher price point and underwent a strategic price adjustment before securing the right buyer. This is not a sign of weakness. It is a sign of adaptability and professional guidance.

In high-value markets, pricing is not about chasing the highest possible number. It is about aligning the home with the most likely buyer pool and creating momentum without compromising long-term value.

Strategy Matters More Than Ever

Successfully closing a property like 1640 Paseo Del Mar requires more than marketing.

It requires:

• A deep understanding of Palos Verdes Estates micro-markets

• Knowledge of how buyers evaluate view properties versus non-view properties

• Experience navigating inspections, disclosures, and negotiations for coastal homes

• Patience and discipline when working through market feedback

• The ability to protect the seller’s interests while keeping the transaction moving forward

This sale involved careful coordination, realistic expectations, and clear communication on all sides.

The result was a successful closing at a strong price point for a one-of-a-kind location.

Why This Sale Matters for Palos Verdes Homeowners

Every significant sale on Paseo Del Mar sends a signal to the broader market.

This transaction reinforces several important truths:

1. Location remains paramount. Homes with protected views and irreplaceable positioning continue to command attention.

2. Buyers are discerning. They will pay for quality and location, but they expect transparency and fair value.

3. Professional representation matters. Strategy, pricing, and negotiation directly affect outcomes in today’s market.

For homeowners in Palos Verdes Estates considering a sale, this closing provides a real-world example of how thoughtful guidance can lead to success, even in a selective environment.

A Closer Look at Paseo Del Mar as an Investment

Paseo Del Mar properties have historically held their value well due to limited inventory and strict development constraints. With bluff protection, parkland frontage, and proximity to award-winning schools, this stretch of coastline represents some of the most stable long-term real estate on the Palos Verdes Peninsula.

Homes here are not traded frequently, and when they do come to market, buyers understand they are purchasing something scarce.

This scarcity is what underpins long-term value, even during periods of broader market adjustment.

The Human Side of the Transaction

Behind every sale is a story.

For sellers, letting go of a home like this is often emotional. These are not just houses. They are places where families gather, memories are made, and life unfolds.

Part of my role as a listing agent is to guide clients through that transition with clarity, respect, and confidence. That includes being honest about market conditions, advising on timing and pricing, and advocating strongly throughout the transaction.

This closing represents a successful conclusion to that process.

What Buyers Are Looking for Right Now

This transaction also reflects what today’s luxury buyers value most:

• Permanent, protected views

• Thoughtful floor plans with indoor-outdoor flow

• Functional family layouts

• Outdoor amenities that support entertaining

• Parking and accessibility

• Proximity to schools, clubs, and coastal amenities

Homes that deliver on these points continue to perform, even when buyers are cautious.

Looking Ahead

As we move further into 2026, the Palos Verdes luxury market remains defined by quality over quantity.

There is opportunity for sellers who understand how to position their homes correctly and for buyers who recognize the long-term value of irreplaceable locations.

The successful closing of 1640 Paseo Del Mar is a reminder that exceptional properties, guided by experienced representation, continue to find their place in the market.

Final Thoughts

It was a privilege to represent the sale of this remarkable home.

Each closing adds another chapter to my ongoing commitment to serving Palos Verdes Estates and the broader Palos Verdes Peninsula with integrity, expertise, and results.

If you are considering selling, buying, or simply want to understand how recent sales like this one impact your home’s value, I am always happy to provide a thoughtful, data-driven perspective.

Suzanne Dyer
Wall Street Journal/REALTRENDS #59 in California, #204 in the Nation
Luxury Real Estate Specialist
Los Angeles Business Journal Top 100 Realtors in Los Angeles
Top Woman Listing Agent in the South Bay & Palos Verdes 2023
Over 1 Billion Dollars in Career Sales
Top Realtor in Rolling Hills, Rolling Hills Estate, Rancho Palos Verdes, Palos Verdes Estates, and the South Bay
Strand Hill | Forbes Global Properties
CA BRE license #01054310
www.suzannedyer.com
310-528-7480 cell