An Oceanfront Estates home in Rancho Palos Verdes has just sold and closed escrow today for $7,490,000 by luxury real estate agent Michael Franco of Beach Cities Real Estate who was the buyer's representative. 39 Via Del Cielo is a luxury estate home located in one of the few oceanfront communities that exist in the Palos Verdes area. The property had just recently finished construction and offered two levels of ocean view living spanning 8,000 square feet in a prime location situated just one block to the beach. The listing had been on the market while the home was being constructed and was on the market for a total of 461 days.
Luxury homes in the Palos Verdes area are normally found in a few select communities. Typically, homes priced over $5
…