$4,995,000
1 Storm Hill LN Rolling Hills, CA 90274
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$4,995,000
Est. payment /mo
5.38 Acres Lot
UPDATED:
09/30/2024 06:26 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PV24110945
Condo Fees $5,500
HOA Fees $5,500
HOA Y/N Yes
Lot Size 5.378 Acres
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.
Location
State CA
County Los Angeles
Area 166 - Rolling Hills
Zoning RHRAS-2*
Interior
Fireplace No
Exterior
Community Features Hiking, Horse Trails
Utilities Available None, Sewer Not Available
View Y/N Yes
View City Lights, Coastline, Panoramic
Building
Lot Description Cul-De-Sac, Horse Property, Lot Over 40000 Sqft
Sewer None
Water Public
New Construction No
Others
HOA Name RHCA
Senior Community No
Tax ID 7570024019
Acceptable Financing Cash, Cash to New Loan
Horse Property Yes
Horse Feature Riding Trail
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Suzanne Dyer • Strand Hill Properties • 310-528-7480