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1 Park Place Rancho Palos Verdes, CA 90275
$3,299,000 3 beds, 3 baths
2, 976 sqft
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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 living—a home with a story unlike any other, ready for its next chapter.

Listing Details

Trust & Probate
Property type: Single Family Residence (Single Family)
Status: Active
MLS# PV26156102
List price is $3,299,000
HOA Fee is $100.00
Beds: 3
Baths: 3 (1 full)
Family Room,Living Room fireplaces
Built in 1983
2,976 sqft
1 story
0.60 acres
Lot size: 0.5950
County: Los Angeles
Exterior features: Rain Gutters
Appliances: Dishwasher,Electric Cooktop,Refrigerator
Parking description: Driveway,Garage
Heating/cooling: Central Air
Heating description: Central
MLS area: 172 - La Cresta

Last Updated: 9/28/2026

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This listing belongs to the 172 - La Cresta MLS area

Lat/Long: 33.756802, -118.369601.
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Listing Agent: Joe Alessi
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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