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Trump Rancho Palos Verdes Estate Sells At $5 Million Discount

Posted by Greg Geilman on Friday, November 18th, 2011 at 12:21am.

Trump Estate

How much would you pay to say "I bought this home from "The Donald"?  Well, Donald Trump's Rancho Palos Verdes mansion recently sold for ... drumroll please ... $7.15 million.  It was originally listed for $12 million so that equates to more than a 40% discount.  And funny enough, it has 5 bedrooms and 9 bathrooms.  That's almost 2 bathrooms per 1 bedroom.  Wow, I like those odds.

Located at the Trump National Golf Course, this property was sold by a agent in my Palos Verdes office.  This property is not the highest priced home in the area, but was the 2nd highest sale in RPV during the last 365 days.  The Rancho Palos Verdes real estate market has seen many more sales that in neighboring Palos Verdes recently.  Currently there are 111 single family residences for sale in Rancho Palos Verdes.  The highest priced property in Rancho Palos Verdes today is a 5 bedroom 10 bath home selling for $14.9 Million.  You have to see the views from this unique estate.  They'll take your breath away.

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