PV's Priciest Homes: 915 Via Panorama

Villa Balina, located at 915 Via Panorama in Palos Verdes Estates, is now on the market for $5.5 million.

"Villa Balina, originally built as a family legacy, was constructed on one of the most pre-eminent streets of the Peninsula," writes listing agent Lauren Forbes on the home's Zillow listing. "Offering a Pacific Ocean view resembling its street's namesake, it is ensconced on a hillside surrounded by magical trees planted throughout the years.

"This residence has an awe-inspiring appeal of an ocean view estate that if one could, one should take the opportunity to own at least once in their lifetime."

The home has five bedrooms, five bathrooms, a downstairs office and entertainment area that leads to a "grand outdoor patio overlooking the entire Santa Monica Bay."

"This home has hosted everything from significant franchise decisions of national importance to the most resplendent of weddings," according to Forbes.

The property has been on the market for slightly more than a month.

The home is listed by Forbes. For more information, view the listing on Zillow.

Looking for something a bit less pricey? Check out more Palos Verdes real estate listings from our partners at Zillow.

This is article is part of an ongoing series profiling some of the most expensive property on the Palos Verdes Peninsula as determined by Patch editors through listings on Zillow.