1 Park Place, Rancho Palos Verdes

$3,299,000

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3

Beds

4

Baths

2,976

Square feet

0.60

Acres

About 1 Park Place

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.

Open House

Sun, Sep 13th, 2026 @ 1pm - 4pm

Features of 1 Park Place

MLS® # PV26156102
Price $3,299,000
Bedrooms 3
Bathrooms 4.00
Full Baths 1
Square Footage 2,976
Acres 0.60
Year Built 1983
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1 Park Place
Area 172 - La Cresta
City Rancho Palos Verdes
County Los Angeles
Zip Code 90275

Amenities

Amenities Other
Parking Spaces 2
Parking Driveway, Garage
# of Garages 2
Garages Driveway, Garage
View Catalina, Ocean, Panoramic
Is Waterfront No
Has Pool Yes
Pool Heated, In Ground, Private

Interior

Interior Tile, Wood
Appliances Dishwasher, Electric Cooktop, Refrigerator
Heating Central
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces Family Room, Living Room
# of Stories 1
Stories One

Exterior

Exterior Features Rain Gutters
Roof Tile
Foundation Slab

School Information

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

Additional Information

Date Listed September 11th, 2026
Days on Market 2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJoe Alessi
OfficeEstate Properties

Listing Map

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