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3 Storm Hill Lane

Rolling Hills, 90274

0 Bd
0 Ba
1,409,269 Lot
$22,000,000 Current Price
Active Status
74 Days on Market
May 31 First Day Active
$22,000,000 Start Price

Description

Parcel 2 (Parcel 1 & 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 2 offers 32.35 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 11,600sqft, 6 bedroom, 10 bath home with a 800sqft ADU, pool/spa, and 1200sqft stable. 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.

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Property Details for 3 Storm Hill Lane

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Suzanne Dyer
Listing Brokered By
Strand Hill Properties
Type
Land
MLS Area
166 - Rolling Hills

Price and MLS Information

Status
Active | Listing History
MLS Days on Mkt.
74 DOM
Combined DOM*
74
First Date Active
May 31st, 2024
Current Price
$22,000,000
Orig. List Price
$22,000,000
HOA Fee
$12,000 - Semi-Annually
MLS® #
PV24109603
Special
Standard

Exterior Information

Lot Description
31-35 Units/Acre, Cul-De-Sac, Horse Property
Lot Size (sq. ft.)
1,409,269
Lot Size (acres)
32.35

View, Style & Tour Information

View
City Lights, Coastline, Ocean
Virtual Tour 1
https://stormhillrollinghills.com/

Utilities Information

Utilities
None, Sewer Not Available
Water Source
Public

Additional Information

Zoning
RA-S2

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
166 - Rolling Hills
City/State
Rolling Hills
Zip Code
90274
County
Los Angeles
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Listing/Price History

3 Storm Hill Lane, Rolling Hills, (MLS® #PV24109603)

Date Details Price Change
First Day Active $22,000,000
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Listing Summary

Quick Summary of 3 Storm Hill Lane: This home in Rolling Hills is priced at $22,000,000 . The residence was originally built in and was listed on May 31st, 2024 at $22,000,000, showing 74 Days on Market currently. Contact Dave Fratello today for more information or to go see 3 Storm Hill Lane.

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Based on information from California Regional Multiple Listing Service, Inc. as of August 14th, 2024 at 4:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.