Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the November 5, 2019, Palos Verdes real estate Broker’s Tour (16) homes had open houses today) are described below.  We currently have 198 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 48 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:       Stephen Haw’s (Keller Williams Palos Verdes) 6224 Ocean Terrace Drive, Rancho Palos Verdes, 90275 (above left) is a 5 bedroom, 8 bath, 7,848 square foot home for $5,000,000.  This fabulous La Cresta home features spectacular ocean/Catalina/golf club views, large family room, gourmet kitchen w/butler ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners can celebrate Holiday Traditions locally on the Peninsula with many upcoming events.  There are tree lighting celebrations, holiday parades, Nutcracker ballets, visits with Santa and more.  Here are just a few of the events coming our way:On Saturday, November 16, 2019, the Promenade on the Peninsula will be hosting their Annual Tree Lighting & Holiday Stroll with fun activities all day long and the tree lighting ceremony at 5:00 p.m.The Nutcracker Ballet will be presented by several local dance studios at the Palos Verdes Performing Arts Center.  Peninsula School of Performing Arts (PSPA) will start their performances on Friday, November 22, at 7:00 p.m., Saturday, November 23, at 2:00 p.m. & 7:00 p.m., and Sunday, November 24, 2019, at 2:00 p.m.  Tickets pric...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Palos Verdes Art Center Winter early registration is open now for PVAC members, and non members can begin registration on November 11, 2019, for classes which will start the week of January 13, 2020, and run through March 14, 2020.  This class start date is for both children and adults.The children’s classes available this session under the Youth Studio are: Exploring Art, Drawing & Painting, Youth Wheel and Drawing.This Winter, there are over 30 adult classes being offered.  Some of the adult classes available this winter are: Intro To Ceramics, Intro To The Wheel, Wheel Throwing, Mid Level Ceramics, Ceramic Jewelry, Form, Color & Molds, Upper Level Ceramics, Open Studio, Digital Imaging, Drawing Principles, Future Drawing Gesture & Structure, Figure Drawing, Intermediate Drawing, ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Country Club neighborhood for the first half of 2019 decreased to 13 single family homes sold in 2019 compared to 15 in 2018.  Price per square foot for Country Club houses that sold in the first half of 2019 decreased to $557 from $606 in 2018, an 8.1% decrease.  Average sales price for Country Club Palos Verdes homes sold in the first half of 2019 decreased to $1,819,682 in 2019 compared to $2,009,302 in 2018.  The most expensive Palos Verdes home sale in Country Club was $3,700,000 and the lowest priced Palos Verdes home sale in the Country Club neighborhood was $1,300,000.Currently, the Country Club neighborhood has 8 Palos Verdes homes for sale.  There are 8 single family homes for sale ranging in price from $1,479,000 for a 4 bedroom/3 bath, 2,813 s...
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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 November 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 November, 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, November 11, 2019, at noon, THE BEST YEARS OF OUR LIVES  (1946) in the Peninsula Center Library.  This is the story of three World War II veterans  who return home to small-town America to discover that they and their families have been...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the October 29, 2019, Palos Verdes real estate Broker’s Tour (19) homes had open houses today) are described below.  We currently have 202 single family Palos Verdes homes for sale ranging in price from $999,900 in Rancho Palos Verdes (The low in Eastview is $770,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 49 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:     Neil & Anand Chhabria’s (Chhabria Real Estate Company) 1701 Lower Paseo La Cresta, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 8 bath, 9,484 square foot home for $15,999,000.  This privately gated Monte Malaga Tuscan Villa estate offers ocean/coastline views, library, media room, gym, wine ce...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 25 days of  October  2019 are 40 homes which is a decrease from the 45 Palos Verdes homes sold in the first 25 days of September and a decrease from the first 25 days of October 2018 (51).  (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 October 1st to October 25th is $1,765,328 which is an increase from last month’s average of $1,670,914 for this same time period and an increase from $1,519,801 last October. In October 2019 to date, the highest priced Palos Verdes homes sold for $4,372,000 and is located in the Malaga Cove neighborhood of Rancho Palos Verdes and had 4 bedrooms, 5 baths, and 4,502 square feet on a 65...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Palos Verdes Drive South neighborhood for the first half of 2019 decreased to 11 single family homes sold in 2019 compared to 18 in 2018.  Price per square foot for Palos Verdes Drive South houses that sold in the first half of 2019 decreased to $612 from $870 in 2018, a 29.6 % decrease.  Average sales price for Palos Verdes Drive South homes sold in the first half of 2019 decreased to $1,789,091 in 2019 compared to $2,448,833 in 2018.  The most expensive Palos Verdes home sale in Palos Verdes Drive South was $3,900,000 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive South neighborhood was $1,143,000.Currently, the Palos Verdes Drive South neighborhood has 24 Palos Verdes homes for sale.  There are 13 single family homes for sale ra...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes home owners who want their children play in the local Little League Spring 2020 season should be aware that registration is opening soon. Palos Verdes Little League is committed to its player safety.  Over the past few years, they have improved the fields with higher fencing, safety nets, and fixed potentially dangerous lips at main game fields.  Important news for the league came out in 2018, that Little League Baseball® requires that all bats adhere to the new USA Baseball Standard.  No bats previously approved for use in Little League Play will be permitted to be used in any Little League game or practice, or other Little League function, event, or activity. Palos Verdes Little League is committed to the health and safety of our players. In 2018, PVLL instituted a new a...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the October 15, 2019, Palos Verdes real estate Broker’s Tour (28) homes had open houses today) are described below.  We currently have 229 single family Palos Verdes homes for sale ranging in price from $973,000 in Rancho Palos Verdes (The low in Eastview is $770,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 42 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:       Stephen Haw & Betty Waung’s (Keller Williams Palos Verdes) 560 Via Del Monte, Palos Verdes Estates, 90274 (above left) is a 5 bedroom, 4 bath, 3,766 square foot home for $2,680,000. This fabulous Malaga Cove home features striking Queen’s necklace/coastline views, large front viewing porch, spacious gou...
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Palos Verdes residents are honored to be able to share in the excitement that our own Terranea Resort is celebrating.  On October 10, 2019, the 12th annual South Bay Environmental Excellence Development Ceremony took place at the Flight Path Museum in Los Angeles.  This special award ceremony,  was established by SEED to present individuals, groups, and businesses that have exhibited excellence in helping to improve environmental sustainability and quality of life in the South Bay.  SEED is a global partnership for action on sustainable development and the green economy that was founded by the United Nations Environment Programme (UN Environment), the United Nations Development Programme (UNDP) and International Union for Conservation of Nature (IUCN) at the 2002 World Summit on Sustai...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales September  2019 for Palos Verdes homes decreased compared to August.  53 Palos Verdes houses sold in September compared to the 74 homes sold in August and increased compared to the 39 homes that sold in September 2018.  There were 68 Palos Verdes single family homes pending in September which increased from the 62 homes pending in August.  The number of active Palos Verdes homes for sale in September (235) decreased from the 242 homes for sale in August. Average sales price for Palos Verdes homes sold in September decreased to $1,663,000 from $1,781,000 in August and decreased from the $1,867,000 in September 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in September increased to $640 from August ($626).  Average days on mar...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of November 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 White Point Nature Preserve on Saturday, November 9, 2019, at 9:00 a.m.  Celebrate Veterans Day walking through restored coastal sage scrub habitat and stop at a former gun emplacement to learn about the military history of the area. Don’t miss the Nature Education Center with activities for the whole family.  This is considered an easy to moderate walk.  Park at the Nature Center located at 1600 W. Paseo del Mar, San Pedro.  Sign up a...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
       Palos Verdes homes owners are happy to see that more new businesses are moving into our community.  The Peninsula Center is currently going through major changes and welcoming new businesses to its location.  Some of the new businesses that have opened recently in the center are the new Vista Sotheby’s Int’l Realty office location, Club Pilates, and It’s Boba Time which is located at 27 Peninsula Center.  Coming soon to Peninsula Center are Old Navy (set to open in November), and it was just announced that Target would be moving into the old Orchard Supply Hardware location (move in date not yet available).  These two large retail companies are a welcomed addition to our local shopping malls, and will hopefully encourage other large retailers to join them.The holidays will soon b...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners can enjoy and support a friendship walk for the Peninsula Education Foundation, which is seeking donations to support our local Palos Verdes Peninsula Unified School District.  The primary source of income for most public school districts in California, including the PVPUSD, is from the State.  However, State support has declined since 2007-08.  The most stable and reliable funding source in recent years has been local revenue from the Peninsula Education Foundation.  This year the foundation will be celebrating their 40th year anniversary.  A lot has changed in the past years, but the income from Peninsula Education Foundation has allowed PVPUSD to continue providing students the programs and services needed for their success in college and/or the workplace. ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Mira Catalina neighborhood for the first half of 2019 increased to 13 single family homes sold in 2019 compared to 12 in 2018.  Price per square foot for Mira Catalina houses that sold in the first half of 2019 increased to $649 from $591 in 2018, a 9.8 % increase.  Average sales price for Mira Catalina homes sold in the first half of 2019 increased to $1,559,614 in 2019 compared to $1,409,458 in 2018.  The most expensive Palos Verdes home sale in Mira Catalina was $1,950,000 and the lowest priced Palos Verdes home sale in the Mira Catalina neighborhood was $1,080,000.Currently, the Mira Catalina  neighborhood has 6 Palos Verdes homes for sale.  There are 6 single family homes for sale ranging in price from $1,239,000 for a 4 bedroom/2 bath, 2,393 square ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the October 8, 2019, Palos Verdes real estate Broker’s Tour (20) homes had open houses today) are described below.  We currently have 224 single family Palos Verdes homes for sale ranging in price from $959,000 in Rancho Palos Verdes (The low in Eastview is $770,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 40 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:     Janet McHugh’s (Coastal Real Estate Company) 4457 Via Pinzon, Palos Verdes Estates, 90274 (above left) is a 3 bedroom, 4 bath, 2,579 square foot home for $2,299,000.  This fabulous resort style Valmonte home features amazing 180 degree ocean/city views, chef’s dream kitchen, over $500k remodel, and large p...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners can join the Palos Verdes Estates Police Department in supporting the National Prescription Drug Take Back Day which provides a safe, convenient and responsible way to dispose of prescription drugs.  The event will take place on Saturday, October 26, 2019, between 10:00 a.m. and 2:00 p.m. at the collection site in front of the Palos Verdes Police Station located at 340 Palos Verdes Drive West, Palos Verdes Estates.The purpose of this Take Back program is a safe way to dispose of pharmaceutical drugs that can be just as dangerous as street drugs when taken without a prescription or doctors supervision.  Many teenagers abusing prescription drugs get them from family and friends, from the home medicine cabinet.  Unused prescription drugs thrown in the trash can be...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes sales in the Palos Verdes Drive East neighborhood for the first half of 2019 decreased to 25 single family homes sold in 2019 compared to 35 in 2018.  Price per square foot for Palos Verdes Drive East houses that sold in the first half of 2019 increased to $566 from $538 in 2018, a 5.3 % increase.  Average sales price for Palos Verdes Drive East homes sold in the first half of 2019 increased to $1,788,740 in 2019 compared to $1,533,071 in 2018.  The most expensive Palos Verdes home sale in Palos Verdes Drive East was $4,235,000 and the lowest priced Palos Verdes home sale in the Palos Verdes Drive East neighborhood was $925,000. Currently, the Palos Verdes Drive East neighborhood has 34 Palos Verdes homes for sale.  There are 34 single family homes for sale ranging i...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homeowners have a new fall activity to enjoy at the South Coast Botanic Garden.  This year the first ever Fall Festival in the Garden will take place on Saturday, October 12, & Sunday, October 13, 2019, from 11:00 a.m. to 5:00 p.m. This is a great opportunity to celebrate all things Fall.  This would include garden themed jewelry, artwork, food and drinks (available to purchase). The Festival will be featuring pieces from “Hide and Seek: Art Meets Nature,” the Garden’s new art exhibit.  This is a special season at the Garden and will includes games and activities for all ages, fall wares, and seasonal harvest beer and wine.  You will be able to hop on the tram for a free ride to and from the festival. Some of the fun that will be taking place is the Fall Plant Sale – featu...
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