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1 Park Pl , Rancho Palos Verdes, CA 90275
$3,299,000
Est. Payment: $17,473.67/mo
3 Bed
3 Bath
2976 Sqft
Status: ACTIVE | Days on site: 10
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CR-V7946 - CR-VALESJOE
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Chris Heller
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House 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.
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Highlights

Listed by Joe Alessi , 310-738-3262 Estate Properties , 310-544-9999. San Diego County Multiple Listing Service mls logo

Property Type

Residential
Lot/Acreage
0.59

HOA Fee

100 Annual

Year Built

1983

County

Los Angeles

Listing ID

PV26156102

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Dishwasher, Refrigerator
Air Cond:Central Forced Air
Fireplaces:FP in Family Room,FP in Living Room
Floor:Tile,Wood
Water:Public

Exterior Features

Garage Capacity:2
Roof:Tile/Clay
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$17,474
Taxes
$2,103
HOA
$100

Home Price

$3,299,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$659,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,473.67

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $17,473.67 $2,103.11 $100.00 $19,676.78
Yearly $209,684.00 $25,237.35 $1,200.00 $236,121.35
Total $6,290,520.15 $757,120.50 $36,000.00 $7,083,640.65

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-23T13:27:28.000Z

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