Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners are once again lucky to have Terranea Resort located in their backyard with their amazing holiday dining specials for all to enjoy.  Whether you are looking for a Christmas Eve dinner, Christmas Day brunch or Christmas Day dinner, you will find it here with wonderful views and inviting ambiance.Christmas Eve dinner can be enjoyed at Catalina Kitchen (with live entertainment) and a holiday buffet which includes a carving station, local seafood, classic and non-classic steakhouse accompaniments, a raw bar, chef’s specials, salad bar, charcuterie, cheese, and deserts.  This Christmas Eve dinner on Tuesday, December 24, 2019, is from 6:00 p.m. to 9:00 p.m. at a cost of $95 adults/children 5 to 10 $35/ and children under the age of 4 are complimentary.  Dinner at Ma...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales November 2019 for Palos Verdes homes increased compared to October.  61 Palos Verdes houses sold in November compared to the 50 homes sold in October and increased compared to the 36 homes that sold in November 2018.  There were 60 Palos Verdes single family homes pending in November which decreased from the 66 homes pending in October.  The number of active Palos Verdes homes for sale in November (179) decreased from the 201 homes for sale in October. Average sales price for Palos Verdes homes sold in November decreased to $1,647,000 compared to $1,663,000 in October, and decreased from the $1,778,000 in November 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in November decreased to $616 from October ($657).  Average days on...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Terranea Resort adds a bit of luxury to this holiday season with its many Holiday Traditions for Palos Verdes homes owners.  You can sit and relax while gazing at the beautiful ocean views and enjoy some of the special holiday meals that are being offered this season.  In celebration of Hanukkah, there is a special time each evening at nightfall for the lighting of the Menorah in the lobby living room.Terranea Resort will be serving a Hanukkah Dinner at the Catalina Kitchen from Sunday, December 22, 2019, through Monday, December 30, 2019, from 5:00 p.m. to 10:00 p.m.  The restaurant will offer unique specials each day throughout the holiday.Hanukkah dining will be happening at Sea Beans where you can visit for a Hanukkah menu featuring challah French toast with apple brandy compote and...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners can get into the spirit of the season and enjoy making their own holiday decorations.  For years, families have enjoyed having the sweet smell of Christmas inside their homes with their very own gingerbread houses.  Whether looking for one to enjoy inside your home, or perhaps making an outdoor house where no baking is needed, you have several opportunities to create your own.Terranea Resort will be offering their gingerbread house decorating on December 7, 14, and 21, 2019, from 11:00 a.m. and 1:00 p.m., or on December 8, 2019, at 3:30 p.m., where you can decorate your own edible gingerbread house with frosting, candies and other materials.  This is a fun holiday activity for all ages of your family to enjoy.  Advanced reservations required, and the cost will ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the December 3, 2019, Palos Verdes real estate Broker’s Tour (14 homes had open houses today) are described below.  We currently have 174 single family Palos Verdes homes for sale ranging in price from $1,100,000 in Rancho Palos Verdes (The low in Eastview is $755,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 36 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:       Darin DeRenzis & Kitty Edler’s (Vista Sotheby’s Realty) 23 Sorrel Lane, Rolling Hills Estates, 90274 (above left) is a 4 bedroom, 6 bath, 4,136 square foot home for $2,395,000.  This beautiful Dapplegray Lanes ranch style home features large chef’s kitchen, theater & billiards room, outside kitchen, 4...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have more holiday opportunities to enjoy here on the Peninsula.  Starting this Friday, December 6, through Sunday, December 22, 2019, the Mary & Joseph Retreat Center will be having their 13th Annual Nativity Exhibit.  On display will be 100 creche sets from around the world.  This Friday, December 6, 2019, is opening night and the exhibit will be held from 5:00 p.m. to 9:00 p.m.  Afterwards on Monday, Friday & Saturday it will be open from 9:00 a.m.to 9:00 p.m.  On Tuesday, Wednesday, Thursday & Sunday it will be open from 9:00 a.m. to 5:00 p.m. daily through December 22, 2019.  Docent tours are also available.  Admission to this exhibit is free.On Sunday, December 8, 2019, the Victorian Christmas Tea & Carols will starting at 3:00 p.m. with a Christmas Tea, a...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
 Palos Verdes homes owners have many holiday activities near the Peninsula during the holiday season. Here are two more for families to enjoy:A great family activity during the holiday season is viewing the lights in Sleepy Hollow (a.k.a. Candy Cane Lane).  Tucked away in a South Torrance neighborhood is one of the most spectacular displays of Christmas lights in the South Bay (and possibly in the country) which can be viewed beginning December 1, 2019, through January 2, 2020.  You can walk or drive through Candy Cane Lane and get in the holiday spirit.  Sleepy Hollow Christmas Lights is located on Roberts Road off Pacific Coast Highway from 6:00 p.m. to 10:00 p.m. every night until New Year’s Eve.  Walking through the area is a much more relaxed, up-close view of the displays without ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners have an opportunity to shop for one of a kind handcrafted art articles at this year’s Holiday Ceramics & Gift Sale, featuring the finest selections of work by Palos Verdes Art Center member artists. This year’s sale kicks off on Friday, December 6, 2019, from 6:00 p.m. to 9:00 p.m., during the opening reception for The Winter Show, and continues on Saturday, December 7, 2019, from 10:00 a.m. to 4:00 p.m. This year there will be a special feature with the trees in the Atrium decorated with charming holiday ornaments provided by Art At Your Fingertips students.  All proceeds from the sale of these decorations will benefit the Art At Your Fingertips program that delivers art projects to 7,000 students grades DK – 5th, in public and private schools located here on...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the November 26, 2019, Palos Verdes real estate Broker’s Tour (6) homes had open houses today) are described below.  We currently have 182 single family Palos Verdes homes for sale ranging in price from $1,100,000 in Rancho Palos Verdes (The low in Eastview is $755,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 41 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:     Gordon Inman & Keith Kelley’s (Keller Williams Realty and Palm Realty Boutique) 8 Upper Blackwater Canyon Road, Rolling Hills, 90274 (above left) is a 5 bedroom, 6 bath, 6,552 square foot home for $5,799,000.  This incredible Rolling Hills home features 180 degree city/ocean views, remodeled gourmet kit...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
     The Neighborhood Church will be celebrating the holiday season with its 66th annual Christmas Pageant on Sunday, December 15, 2019, at 5:30 p.m. to 6:15 p.m. and 7:30 p.m. to 8:15 p.m.  This is a great opportunity for residents to enjoy an evening together watching children and adults performing in various scenes which depict the story of the First Christmas (including live animals).  The prelude is set in the sanctuary of this beautifully decorated historic Church which overlooks the ocean.  The Covenant Hand-bell Choir and the Neighborhood Brass Rings will perform followed by a short service and the singing of Christmas Carols.  Then, you can walk through the Church’s cliff-side grounds and witness a living tableaux depicting scenes from the Christmas story.The event is The Neigh...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 21 days of  November 2019 are 49 homes which is an increase from the 34 Palos Verdes homes sold in the first 21 days of October and an increase from the first 21 days of November 2018 (27).  (It may take an additional week for some sales to post after the actual close of escrow).  The average sales price for single family Palos Verdes homes from November 1st to November 21st is $1,555,964 which is a decrease from last month’s average of $1,744,001 for this same time period and a decrease from $1,950,922 last November. In November 2019 to date, the highest priced Palos Verdes homes sold for $2,640,000 and is located in the Malaga Cove neighborhood of Palos Verdes Estates and had 3 bedrooms, 4 baths, and 2,417 square feet on ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes home owners have many musical choices this season to enjoy.  Here are two that you might want to put on your calendar.On December 7, 2019, from 3:00 p.m. to 5:00 p.m., the Palos Verdes Symphonic Band will join forces with the acclaimed Los Cancioneros Master Chorale, a 60-member vocal ensemble that has been entertaining South Bay audiences for 70 years, at the South Coast Botanic Garden. Take advantage of this unique opportunity to enjoy your favorite Christmas and Hanukkah music, performed by more than 100 musicians.  Bring your voice too, and you can take part in the annual audience sing-along! This event is free with your paid Membership or you can purchase a General Admission Ticket for $9/adults, $6/seniors, $4/children 5-12, and anyone under 4 is free.  For more infor...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
  The Palos Verdes Library District has some great free movies that they will be showing during the month of December 2019.  Each month they offer a different selection of foreign movies, “latest” releases,  and classic cinema.  Most of the screenings will have some post film discussion which adds an opportunity to socialize with others in the community.  In December, the following movies will be presented: Classic Movies at Noon, which shows films from the 1930’s through the 1990’s on the first Tuesday of the month, will be screening this month on Monday, December 2, 2019, at noon, MEET ME IN ST. LOUIS  (1944) in the Peninsula Center Library.  The setting is 1904 and the St. Louis World’s Fair, where the four Smith daughters learn lessons of life and love, even as they prepare for a r...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners know that holiday celebrations are just around the corner.  If you like an old-fashioned Christmas, you will enjoy the “Victorian Christmas” at the Banning Museum. The Victorian Christmas event will take place on Saturday, December 7, 2019, from 11:00 a.m. to 4:00 p.m.  During this special weekend, the grounds and museum are transformed into a Christmas festival with Victorian period entertainment.  There will be a walk through of the Banning Residence decorated in holiday splendor, a visit with Santa Claus, free cookies and cider, a children’s craft, a blacksmith doing his work, plus local food and craft vendors.  One of the special highlights will be the horse-drawn trolley ride between the Banning Museum and the Drum Barracks at the Civil War Museum.  Admis...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Los Verdes neighborhood for the first half of 2019 increased to 18 single family homes sold in 2019 compared to 13 in 2018.  Price per square foot for Los Verdes houses that sold in the first half of 2019 increased to $695 from $638 in 2018, a 9% increase.  Average sales price for Los Verdes Verdes homes sold in the first half of 2019 decreased to $1,283,944 in 2019 compared to $1,299,350 in 2018.  The most expensive Palos Verdes home sale in Los Verdes was $2,200,000 and the lowest priced Palos Verdes home sale in the Los Verdes neighborhood was $960,000.Currently, the Los Verdes neighborhood has 5 Palos Verdes homes for sale.  There are 5 single family homes for sale ranging in price from $1,249,000 for a 4 bedroom/2 bath, 1,539 square foot home, to $1,...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of December 2019, the Palos Verdes Peninsula Land Conservancy is offering outdoor hikes/activities for Palos Verdes home owners to enjoy including bird walks, nature walks with naturalists, and volunteer opportunities which are listed below. Special Events:  Guided Nature Walk by Palos Verdes Peninsula Land Conservancy will take place at Lower Portuguese Bend Reserve on Saturday, December 14, 2019, at 9:00 a.m.  During the walk, you will follow Sandbox Trail ascending through grasses and low shrubs for nice views of the Pacific Ocean.  This is considered an easy walk.  Park in the dirt lot on Palos Verdes Drive South west of Schooner Drive, and the Portuguese Bend Beach Club and east of Peppertree Drive.  Sign up at www.pvplc.org. Monthly Activities: The Family Nature ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the La Cresta neighborhood for the first half of 2019 decreased to 15 single family homes sold in 2019 compared to 20 in 2018.  Price per square foot for La Cresta houses that sold in the first half of 2019 decreased to $566 from $608 in 2018, an -6.9% decrease.  Average sales price for La Cresta Palos Verdes homes sold in the first half of 2019 decreased to $1,962,500 in 2019 compared to $2,149,063 in 2018.  The most expensive Palos Verdes home sale in La Cresta was $2,885,000 and the lowest priced Palos Verdes home sale in the La Cresta neighborhood was $1,130,000.Currently, the La Cresta neighborhood has 12 Palos Verdes homes for sale.  There are 11 single family homes for sale ranging in price from $1,650,000 for a 5 bedroom/4 bath, 3,612 square foot home...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes home owners are getting ready for the 2019 holiday season.  Here are some of the fun events that our neighboring cities are hosting. Torrance Memorial Medical Center will be presenting their 36th annual “Holiday Festival” beginning Tuesday, December 3, 2019, and running through Sunday, December 8, 2019.  The Festival will feature decorated trees and a holiday celebration that includes a food court, musical entertainment, children’s activities, and a large Holiday gift section.  More than 30 trees are decorated with a different theme and will be sold with the proceeds going to the construction of the Torrance Memorial Hunt Cancer Center, a 2 story facility that will consolidate cancer treatment and services into a single location for patient care.  The “Holiday Festival” is ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales October 2019 for Palos Verdes homes decreased compared to September.  50 Palos Verdes houses sold in October compared to the 53 homes sold in September and decreased compared to the 57 homes that sold in October 2018.  There were 73 Palos Verdes single family homes pending in October which increased from the 60 homes pending in September.  The number of active Palos Verdes homes for sale in October (201) decreased from the 235 homes for sale in September. Average sales price for Palos Verdes homes sold in October was exactly the same as September, $1,663,000, and decreased from the $1,944,000 in October 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in October increased to $657 from September ($640).  Average days on market i...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners can enjoy the 2019 Thanksgiving holiday at Terranea Resort.  Whether you are looking for a fun golf outing, special dining experiences or even Thanksgiving To Go, there is something for everyone to enjoy.On Sunday, November 24, 2019, The Links at Terranea will be offering a Turkey Shoot Out golf scramble starting at 8:30 a.m. and you can join the contest held on the 9-hole course where prizes will be awarded for 1st, 2nd and 3rd place winners.  The cost is $75 for members and $99 for non-members.  For reservations call the golf house at (310) 265-2752 or go to Turkey Shoot Out on the Terranea Links at the Terranea website www.terranea.com.Terranea’s Ballroom will be featuring Thanksgiving Buffet on November 28, 2019, at 12:30 p.m., 1:00 p.m., 1:30 p.m., 4:00 p....
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