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.
Property Details
Price:
$3,299,000
MLS #:
PV26156102
Status:
Active
Beds:
3
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
172lacresta
Listed Date:
Sep 12, 2026
Finished Sq Ft:
2,976
Lot Size:
25,917 sqft / 0.60 acres (approx)
Year Built:
1983
See this Listing
Schools
School District:
Palos Verdes Peninsula Unified
Elementary School:
Vista Grande
Middle School:
Ridgecrest
High School:
Peninsula
Interior
Appliances
DW, RF, ES
Bathrooms
1 Full Bathroom, 2 Three Quarter Bathrooms, 1 One Quarter Bathroom
Cooling
CA
Flooring
TILE, WOOD
Heating
CF
Laundry Features
IN
Levels
A
Main Level Bathrooms
3
Main Level Bedrooms
2
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
PARK
Exterior Features
RG
Garage Spaces
2
Parking Spots
2
Parking Total
2
Patio And Porch Features
CON
Roof
TLE
Spa Features
IG
View
CA, OC, PA
Financial
Map
Community
- Address1 Park PL Rancho Palos Verdes CA
- CityRancho Palos Verdes
- CountyLos Angeles
- Zip Code90275
Market Summary
Current real estate data for Single Family in Rancho Palos Verdes as of Sep 13, 2026
157
Single Family Listed
79
Avg DOM
746
Avg $ / SqFt
$2,553,624
Avg List Price
Property Summary
- 1 Park PL Rancho Palos Verdes CA is a Single Family for sale in Rancho Palos Verdes, CA, 90275. It is listed for $3,299,000 and features 3 beds, 4 baths, and has approximately 2,976 square feet of living space, and was originally constructed in 1983. The current price per square foot is $1,109. The average price per square foot for Single Family listings in Rancho Palos Verdes is $746. The average listing price for Single Family in Rancho Palos Verdes is $2,553,624.
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