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28711 Cedarbluff Drive
About This Property
This is the Palos Verdes combination buyers hope for: sweeping Malibu-to-Catalina ocean views and a brand new rebuilt renovation. 28711 Cedarbluff pairs all-new systems with high-end materials, careful craftsmanship, and outdoor living spaces finished to the same standard as the interior. Five bedrooms, five baths, 3,161 livable square feet (BTV), on a 12,197 sq ft lot.
LIVING & ENTERTAINING
The open floorplan draws you immediately toward the ocean. Soaring vaulted ceilings amplify the sense of space, while panoramic doors open to a large ocean-facing deck, ideal for dining, entertaining, or taking in the view. The kitchen is defined by Taj Mahal quartzite, running across the countertops and wrapping the custom hood, with Thermador appliances throughout. An integrated refrigerator and freezer, temperature-controlled wine refrigerator, and custom cabinetry.
RELAXATION & FUNCTION
The second level is home to the primary suite with panoramic ocean views, a spacious walk-in closet, and a spa-caliber bath featuring double vanities, a walk-in shower with three rainfall heads, and a Taj Mahal quartzite countertop. A freestanding soaking tub completes the space. On the ground level, two bedrooms each have their own bath, one opening directly to the pool and spa, ideal as a guest suite, family quarters, or wellness retreat.
SYSTEMS & CRAFTSMANSHIP
Every system is new: copper plumbing throughout with new drain and gas lines, tankless water heater with recirculating pump, new 200-amp electrical panel with EV charger wiring and WiFi dimmer switches, heat pump HVAC with three ERV systems and a whole-home dehumidifier, built-in speakers, CAT6 ethernet, engineered hardwood floors, standing seam metal roof, and whole-house water filtration and softening.
OUTDOOR LIVING
The saltwater pool features a Baja shelf, heated spa, LED lighting, and a mini pebble finish, set in a newly landscaped yard with irrigation and drainage throughout.
LOS VERDES & LOCATION
Los Verdes borders Palos Verdes Estates above Lunada Bay, known for quiet streets, ocean air, and proximity to coastal trails and golf. The home is served by the Palos Verdes Peninsula Unified School District, ranked in the top 5% of California public schools with a 98% graduation rate and top-ranked high schools.
Rebuilt from the ground up. Views from Malibu to Catalina. Tour today
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Relisted | $3,699,000 | |
| Relisted | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| May 20, 2026 | Listed by Strand Hill Properties | $3,699,000 | |
| Listed by Strand Hill Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017