1 Storm Hill Lane Rolling Hills, CA 90274
Listing Courtesy of: CRMLS / Palos Verdes Office / Suzanne Dyer - Contact:  310-528-7480

  1 Storm Hill Lane Rolling Hills, CA 90274

Active (109 Days)
$4,995,000

Description

Parcel 1 (Parcel 2 & 3 listed separately): The Storm Hill lots represent the pinnacle of residential land holdings on the Palos Verdes Peninsula, and indeed, across the entire South Bay region. Parcel 1 offers 5.38 mostly usable acres with outstanding unobstructable coastline/city light views. This parcel comes with conceptual house plans by the architectural firm of Pritzkat and Johnson for a 9,676 sqft, 5 bedroom, 5 bath home with a 743 sqft ADU, and pool/spa. The size of the house may be increased or decreased based on buyers preference. Together, their sprawling ±60 acres constitute the largest contiguous residential property available, with two of the lots claiming the title of largest intact residential lot. This remarkable estate offers a once-in-a-lifetime opportunity to secure a magnificent landholding and forge an unparalleled family legacy. Nestled within the secure confines of the 24-hour guard gated city of Rolling Hills, this property offers the chance to own your own private mountain, boasting breathtaking, unobstructed vistas of the city skyline and coastline. Whether you choose to acquire one lot or all three, the potential to craft a dream family compound awaits, conveniently located within easy reach of Downtown Los Angeles, Beverly Hills, and Santa Monica. Zoned Residential (RA-S2) and for equestrian use, this property presents the perfect canvas to realize your vision of a dream equine facility, with ample space for multiple riding rings, barns, turnouts, or even your own cross-country course. Storm Hill History: The history of the Storm Hills estate is rich with the legacy of the Storm family. Acquired by Walter Storm in 1955, the property once grazed cows before Walter envisioned building his dream home alongside a barn and expansive equestrian amenities. The family enjoyed a robust equestrian lifestyle, hosting grand cross-country events and maintaining a dedicated riding ring atop the hill. A testament to their love for the land and community, the Storm family bestowed an 8-acre park at the base of the property to the City of Rolling Hills in 1974. Rolling Hills has always held a special place in the hearts of the Storms, who still fondly recall watching hawks soaring overhead, symbolizing the enduring presence of their beloved parents overlooking their cherished hill.

MLS #:
PV24110945
Lot Size
5.38 acres
Type
Land
Views
Panoramic, Coastline, City Lights
County
Los Angeles County

Listed By

Suzanne Dyer, Palos Verdes Office, Contact: 310-528-7480
Source
CRMLS
Last checked Oct 14 2024 at 5:29 AM GMT+0000
Bathroom Details
Lot Information
  • Lot Over 40000 Sqft
  • Horse Property
  • Cul-De-Sac
Homeowners Association Information
  • Dues: $5500
Utility Information
  • Utilities: Water Source: Public, Sewer Not Available
Additional Information: Palos Verdes Office | 310-528-7480
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 05, 2024
Price Changed
$4,995,000
-17%
-1,000,000
Jul 31, 2024
Price Changed
$5,995,000
-40%
-4,005,000
May 31, 2024
Original Price
$10,000,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Strand Hill Properties and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.