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1 Park Place, 
Rancho Palos Verdes, CA 90275

$3,299,000


3

Beds


3

Baths


2,976

Sq Ft


Single Family

Active

Listed by

Joe Alessi

Estate Properties

Non Listed Office

Last updated:

September 20, 2026, 02:57 PM

MLS#

PV26156102

Source:

San Diego MLS via CRMLS

About This Home

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 livinga home with a story unlike any other, ready for its next chapter.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1983

Price Summary

3,299,000

$1,108 per Sq. Ft.

MLS #:

PV26156102

Last Updated:

September 20, 2026, 02:57 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,976 Sq. Ft.


Structure

Structure

Building Area:

2,976 Sq. Ft.

Year Built:

1983


Finances & Disclosures

Finances

Price:

$3,299,000

Price per Sq. Ft:

$1,108 per Sq. Ft.

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Contact an Agent

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