$3,299,000

1 Park Place, Rancho Palos Verdes, CA 90275

3 beds |
3 baths |
2,976 sqft

Single-Family Home
Built in 1983
0.6acre lot
2 car garage
$1,109/sqft
Listed 10 days ago

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 livinga home with a story unlike any other, ready for its next chapter.

Listing Status:: Active
Date Added:: September 11, 2026
Data Last Updated:: September 23, 2026 at 12:12AM
Listing Office:: Estate Properties : 310-544-9999
Listing Agent:: Joe Alessi : 310-738-3262
MLS ID:: PV26156102

Appliances: DishwasherRefrigerator
Flooring: TileWood
A/C: Central Forced Air
Heating: Forced Air Unit
Fireplace: FP in Family RoomFP in Living Room

General: Private Below Ground
Pool: Below GroundPrivateHeated
Parking: GarageParking spaces: 2

Roofing: Tile/Clay
General: 1

HOA Amenities: Other/Remarks100.0Annual
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 7581032004
View: OceanPanoramicCatalina

Water: Public
Sewer: Public Sewer

Source: California Regional MLS

This listing courtesy of Joe Alessi , Estate Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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