1 Storm Hill Lane

Rolling Hills, CA 90274

PRICE REDUCED

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-$5,005,000 (-50.05%)

$4,995,000

List Price

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Property 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.

Listing Information

List Price $4,995,000
Status Active
MLS PV24110945
HOA $5,500
Type Land
Lot Size 234,258
Structure Size N/A
DOM 96
Courtesy Of Strand Hill Properties
Listing Agent Suzanne Dyer DRE#01054310

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Maps

Listing information courtesy of: Suzanne Dyer, Strand Hill Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.