Palos Verdes Neighborhoods and Price Ranges (Area numbers correspond to the Palos Verdes Map, Multiple Listing Service numbers have a one before the area numbers)
Palos Verdes Estates - (Areas 60 through 64)
Lunada Bay and Margate - (Area 60)
Lunada
bay is one of the most tranquil and beautiful locales in Palos Verdes
Estates. Lush landscaping and quiet country lanes provide that rural
quality. There are many parkland areas and school sites. A unique
feature of this area is that many homes are within walking distance of
all school levels. This is the most popular community for families due
to the schools and activities for children. Home styles vary and
include Spanish, Traditional, and a few Modern.
The
plaza area of the community has a park and a large fountain dedicated
to the children 'La Fuente de los Ninos'. The community has the longest
coastline in the city and most views are of the ocean and Catalina
Island. Walking to the bluff top parkland at sunset is a favorite
activity for residents. There is also great surfing at Lunada Bay and
Bluff Cove (aka “Little Waikiki').
There
are very few vacant lots and home prices range from around $1,300,000
for a 1500 square foot home on a 6000 square foot lot with no view, to
$25,000,000 for a 12,000 square foot mansion on a one acre bluff top
lot. Typically, a home of 2400 square feet with an ocean view and in
good, but not fully remodeled condition, will be around $1,700,000.
There are a few condominium buildings near the plaza where a 1200
square foot unit without a view, will be around $600,000.
Montemalaga - (Area 62)
Located
at the crest of the hills above Malaga Cove and Lunada Bay, this locale
commands the most breathtaking view of ocean and coastline from
elevations ranging up to 1380 feet. This is the most recently developed
area of the city and has a much higher percentage of large mansions due
as well to the larger average lot size. Many lots in this area are 1/2
to 1 acre. Homes are predominantly Spanish or Italianate architecture
with red tile roofs.
There
are a few large vacant lots available at prices up to $6 million. Home
prices range from around $1,300,000 for a 1500 square foot home on a
6000 square foot lot with no view, to $25,000,000. for a 30,000 square
foot mansion on a 3 acre lot with a panoramic view. Typically, a home
of 2400 square feet with an ocean view and in good, but not fully
remodeled condition, will be around $1,900,000. There are many newer
mansions on estate size view lots available in the 5 to 13
million-dollar range.
Malaga Cove (Area 63)
Malaga
Cove has the aura of an Italianate coastal village. It has the largest
commercial plaza in the city and is located on the hillsides along the
ocean. Many homes enjoy spectacular views of the ocean and coastline
'Queens Necklace'. This locale has many newer large mansions of up to
16000 square feet as well as many older homes as small as 1500 square
feet. Amenities include the Oceanside 'Palos Verdes Swim and Athletic
Club', the Palos Verdes Country Club, Library, City Offices, and the
Plaza replete with the 'Neptune Fountain' and several parks. Homes are
predominantly Spanish or Italianate architecture with red tile roofs.
There
are essentially no vacant lots available and home prices range from
around $1,300,000 to $13,000,000. Typically, a home of 2400 square
feet with an ocean view and in good, but not fully remodeled condition,
will be around $1,900,000. There are a few condominium buildings near
the plaza where a 1200 square foot unit without a view, will be around
$700,000.
Valmonte - (Area 64)
This
locale is known for the large groves of Eucalyptus trees and meandering
trails in and around the country club. The homes were built primarily
in the mid 1900's and are typically smaller and traditional in style
and lots are smaller as well. Many residents do not want the community
transformed into large mansions. Some homes have city lights or golf
course views but most are along rural lanes. Architectural styles are
mostly Spanish or Traditional. A public horse stables is provided at
the Northeast boundary.
There
are essentially no vacant lots available, and home prices range from
around $1,200,000 for 1500 square feet on a 6000 square foot lot to
$3,000,000 for 4000 square feet on a 10,000 square foot lot.
Typically, a home of 2400 square feet with no view and in good, but not
fully remodeled condition, will be around $1,400,000.
City of Rolling Hills Estates - Palos Verdes Drive North (Area 65)
This
area has a combination of ranch style homes in the equestrian overlay
and areas of tract homes. The 'Lanes' are predominantly larger,
typically over 1/2 acre, horse properties with a wide variety of home
styles and sizes. Many of the homeowners do not have horses, however
there are 25 miles of trails throughout the community. There are also
community riding rings. Barns and stables are common in many
neighborhoods. Homes range from around 1500 square feet to 5000 square
feet and some have extensive equestrian facilities. Wild Peacocks roam
the Eastern area of 'The Lanes'.
There
are essentially no vacant lots available, and home prices range from
around $1,000,000 for 1500 square feet on a 1/2 acre lot to $3,000,000
for 4000 square feet on a one acre lot. Typically, a home of 2400
square feet on a 1/2 acre lot with no view and in good, but not fully
remodeled condition, will be around $1,400,000
City of Rolling Hills - The Gated City (Area 66)
This
is a very exclusive ranch area with most lots over one acre and all
roads are private. All properties are equestrian lots and provisions
must be made for a barn area whether used or not. Homes are ranch style
and painted white. One street, Williamsburg Lane, Has Williamsburg
Colonial stle homes. There are no leash laws and most domesticated
animals are allowed. The countryside is gently rolling to steep and
most locations have spectacular views of city lights, coastline or
ocean. There are over 23 miles of horse trails. Resident pay around
$2200 per million of sales price for community services per year (gate
guards, private road maintenance, etc). Nearly all homes are on septic
systems.
Many
executive estates on multi-acre lots are available. Homes typically
begin at $2,000,000 for a small home around 2000 square feet on one
acre, and can range up to $25,000,000 for a 30,000 square foot estate
on five acres with a spectacular view. There is no average home in this
area but $3,000,000 will usually purchase about 4000 square feet on a
1.5 acre lot with a city lights view.
Rancho Palos Verdes - Palos Verdes Drive East (Area 67)
This
area along Palos Verdes Drive East has a wide variety of homes and
neighborhoods. There are many country roads off of the main drive, and
some are private. Many homes are on septic systems. Views are primarily
city lights and the harbor. There are also newer contemporary
developments, as well as the Miraleste area which has an older
italianate ambiance. Elevation reaches up to 1400 feet providing some
spectacular views. There are also some equestrian areas but trails are
scarce.
There
are very few vacant lots available, and home prices range from around
$1,000,000 for 1500 square feet on a 1/2 acre lot to $3,000,000 for
5000 square feet on a one acre lot with a panoramic harbor view.
Typically, a home of 2400 square feet on a 1/2 acre lot with some view
and in good, but not fully remodeled condition, will be around
$1,300,000.
Rancho Palos Verdes - Mira Catalina (Area 68)
This
neighborhood is at the South end of Palos Verdes Drive East and is
predominantly mid-sized tract homes developed in the 1960's and 1970's.
Many homes have spectacular ocean and Catalina Island views. A few
large estates are scattered within the area but most homes are around
1800 to 2400 square feet.
There
are essentially no vacant lots available and home prices range from
around $900,000 to $1,500,000. Typically, a home of 2400 square feet
with an ocean view and in good, but not fully remodeled condition, will
be around $1,100,000.
A
few large estates and the large homes in the secluded Rancho Palos
Verdes Estates gated tract are around $2 million to $3 million and have
about 4000 square feet with ocean views.
Rancho Palos Verdes - Palos Verdes Drive South (Area 69)
This
region encompasses the entire southern hillside and coastline of Rancho
Palos Verdes. It includes new executive estate developments, older
tract communities, a private village bay club, condominium complexes,
and resort developments with golf amenities. The original gated
community of Portuguese Bend where the Vanderlip's began their
development is in the center of this location. The area includes Trump
National Golf Course and Estates, as well as the exclusive Destination
Resort 'Terranea', under development. There are also hundreds of acres
of Nature Preserve and public trails. Although a major landslide
affects the gated community of Portuguese Bend, it remains a popular
residential attraction due to the exceptional rural character.
There
are very few vacant lots available. Home prices range from around
$900,000 in the older tracts to $20,000,000 at the Trump estates.
Typically, an older home of 2400 square feet with an ocean view and in
good, but not fully remodeled condition, will be around $1,200,000. The
condominium projects have around 1400 square foot units with ocean
views for around $700,000 at the Bay Club and about $900,000 at La
Rotonda.
The
Trump estates are typically in the range of $4 Million to $11 million
for luxurious 6,000 to 10,000 square foot homes on 1/3 acre lots with
panoramic ocean and Catalina Island views. There are also several newer
developments with large view estates in the $2 million to $4 million
range.
The Terranea Resort 'time share' casitas sold out at the first offering at an average price of $2,500,000.
Rancho Palos Verdes - West Palos Verdes Estates (Area 70)
This
locale is at the South end of Hawthorne along the ocean. It includes
the Pt. Vicente Lighthouse, Interpretive center and park, and newer
luxury home developments as well as older tract developments. Most
homes in this area have ocean and Catalina Island views. There are
extensive walking trails along the ocean bluff and large expanses of
open space.
The
area between Palos Verdes Drive and the ocean has been developed with
luxurious estates on large lots, whereas the inland side of the Drive
has older tract homes.
There
are a few vacant lots available. Home prices range from around
$3,000,000 to $10,000,000 on the ocean side of the Drive. A 6000
square foot estate on 1/2 acre with ocean view will be around
$4,000,000.
On
the inland side of the Drive, homes range from $1,000,000 to
$1,500,000. Typically, a home of 2400 square feet with an ocean view
and in good, but not fully remodeled condition, will be around
$1,300,000.
Rancho Palos Verdes - Country Club (Area 71)
This
is an area of Rancho Palos Verdes clustered in the vicinity of the Los
Verdes Country Club. Roads meander down the hillsides and around the
golf course. Homes are generally 3000 to 5000 square feet and were
developed in the 1970's. Most homes are contemporary in style and have
golf course and ocean views.
There
are essentially no vacant lots available and home prices range from
around $1,500,000 to $3,000,000. Typically, a home of 3500 square feet
with an ocean view and in good, but not fully remodeled condition, will
be around $1,800,000. There are a few condominium buildings near
Hawthorne Blvd where a 1200 square foot unit with a view, will be
around $600,000.
Rancho Palos Verdes / Rolling Hills Estates - La Cresta (Area 72)
This
area encompasses the region along Crest road between Hawthorne Blvd.
and Crenshaw Blvd., and includes developments within both Rancho Palos
Verdes and Rolling Hills Estates.
Vantage
Point is a newer gated development within Rolling Hills Estates with
large homes on typically 1/2 acre lots. Most home are 4000 to 6000
square feet with some ocean view and range from $2,500,000 to
$4,000,000.
The
Ranch and Rolling Hills Country Estates are gated developments within
the city of Rolling Hills Estates. These are equestrian style
developments completed in the 1980's Street meander through rural
wooded neighborhoods with lots averaging 1/2 acre. Homes are generally
contemporary in style and are 2500 to 4000 square feet. Prices range
from $1,500,000 to $2,500,000. There are condominium buildings near
Hawthorne Blvd where a 2500 square foot unit with a view, will be
around $1,000,000.
Hillcrest
Manor is a new development with many eastern style homes on 1/2 acre
lots. Homes are 4000 to 5000 square feet and are $2,000,000 to
$3,000,000. Hillcrest Meadows is a development with typically 2500
square foot Cape Cod style homes on small lots with only a patio. The
homes are free standing with extensive landscaped common areas. Homes
are typically around $1,500,000.
Sea
Breeze is a recent development within Rancho Palos Verdes with 3500 to
4500 square foot homes on 1/3 to 1/2 acre lots. This is a planned
development with open space, canyons and some ocean views. Homes range
from $2,000,000 to $2,500,000.
Ocean
Terrace is a newer development with large custom estate homes on over
1/2 acre lots with spectacular ocean and Catalina Island views from an
elevation of about 1300 feet. Homes are around 4000 to 8000 square feet
and typically $2,000,000 to $4,500,000.
Island
View is a semi-gated development with estate size tract homes on about
1/3 to 1/2 acre lots. Some homes have spectacular views. The
neighborhood is well planned and has community landscaping. Homes are
generally 3000 to 4500 square feet and range from $2,000,000 to
$3,500,000.
The
older communities at the East end of Crest Road in Rancho Palos Verdes
known as Middleridge and Oceanaire are contemporary homes on large,
typically 1/2 acre lots. Homes are generally 2000 to 4000 square feet
and are around $1,500,000 to $2,500,000 depending upon views and
amenities. Typically, a home of 2400 square feet with a view and in
good, but not fully remodeled condition, will be around $1,500,000.
Rancho Palos Verdes - Los Verdes (Area 73)
This
is a large area of tract homes dating from around the 1960's and 1970's
where many homes have ocean views. The terrain is rather steep and
streets run in many directions. Lots are often terraced and steep.
There
are no vacant lots available and homes of 1400 to 3000 square feet on
7000 to 10,000 square foot lots range from around $800,000 to
$1,500,000. Typically, a home of 2400 square feet with an ocean view
and in good, but not fully remodeled condition, will be around
$1,300,000.
Rancho Palos Verdes / Rolling Hills Estates - Crest (Area 74)
This
area has an extensive mix of older tract homes, newer tract homes and
condominium complexes located just above the Peninsula shopping
center. Stonecrest is located near Highridge and Crest Road. Seamount
is located East of Hawthorne Blvd across from Los Verdes. Wallace ranch
is located at Highridge Road and Armaga Springs Road. Wallace Ranch is
a tract of large homes on about 1/4 acre lots built in the 1990's.
There are two large condominium complexes in this area, the Terraces
and Ridgegate. The Terraces are in the city of Rolling Hills Estates
and Ridgegate is in Rancho Palos Verdes. The Terraces have 368 units
and Ridgegate has over 350 units. Armaga Springs is a converted 98 unit
apartment complex off of Highridge Road.
The
Stonecrest neighborhood is a 1960's tract development of homes
generally 2000 to 2800 square feet on 6000 to 9000 square foot lots.
Some homes have ocean or city lights views. Prices usually range from
$1,000,000 to $1,600,000. Typically, a home of 2400 square feet with a
view and in good, but not fully remodeled condition, will be around
$1,300,000.
The
Seamount neighborhood is a 1960's tract development of homes generally
2000 to 2800 square feet on 6000 to 9000 square foot lots. Some homes
have ocean views. Prices usually range from $1,100,000 to $1,600,000.
Typically, a home of 2400 square feet with a view and in good, but not
fully remodeled condition, will be around $1,400,000.
Wallace Ranch has newer homes of around 4000 to 6000 square feet and range from around $2,000,000 to $2,500,000.
Armaga Springs units are about 700 to 1500 square feet and range from around $350,000 to $650,000.
Ridgegate
condominiums are gated and located between Highridge Road and Hawthorne
Blvd. These units were developed in the 1950's and include all
amenities. Units range from 1100 to 2500 square feet and prices range
from $500,000 to $900,000.
The
Terraces condominiums are in a guard gated community off of Highridge
Road and most units have city lights views. This complex has full
amenities and large areas of landscaped open space. This complex is
always in high demand and units range from about 1300 to 2200 square
feet with prices ranging from $600,000 to $1,100,000.
Rancho Palos Verdes - Peninsula Center (Area 75)
This
neighborhood is located between Hawthorne and Crenshaw Blvd midway up
the hill between Silver Spur and Palos Verdes Drive North. Many homes
have breathtaking city lights views. The upper section of this area has
1950's era homes of around 1400 to 2600 square feet while the lower
region has 1960's era homes of about 2000 to 3000 square feet.
There
are no vacant lots available and homes of 1400 to 3000 square feet on
6000 to 9,000 square foot lots range from around $900,000 to
$1,500,000. Typically, a home of 2400 square feet with a city lights
view and in good, but not fully remodeled condition, will be around
$1,200,000.
Rancho Palos Verdes - Silver Spur (Area 76)
Silver
Spur is also known as 'Grandview' owing to the spectacular views of
city lights and coastline. These homes are 1950's vintage and typically
1300 to 1800 square feet on 6000 to 7000 square foot lots. Many homes
have been added onto and are now 1800 to 2500 square feet.
There
are no vacant lots available and homes of 1300 to 2500 square feet on
6000 to 9,000 square foot lots range from around $800,000 to
$1,500,000. Typically, a home of 2000 square feet with a city lights
view and in good, but not fully remodeled condition, will be around
$1,100,000.
Rancho Palos Verdes - Eastview Annexation (Area 90)
This
area is accessed along Western Avenue on the East side of the Peninsula
and was annexed from Los Angeles County in the 1990's. The homes are
typically older tracts of 1200 to 2400 square foot homes. Some have
Harbor and city lights views. Residents of this neighborhood have the
option of attending Peninsula schools or Los Angeles schools.
There
are no vacant lots available and homes of 1000 to 3000 square feet on
6000 to 9,000 square foot lots range from around $700,000 to
$1,100,000. Typically, a home of 1800 square feet with a city lights
view and in good, but not fully remodeled condition, will be around
$900,000.
Palos Verdes Peninsula Islands - Westfield & Academy Hills (Area 65)
Westfield
is an equestrian neighborhood in an island of Los Angeles County
located on the East side of Crenshaw Blvd. There are 301 homes that
range from small to large on typically 1/2 acre lots. Many of the older
homes are being torn down to accommodate large new estate homes. The
older homes are typically ranch style and 1200 to 3000 square feet. The
new homes are usually 4000 to 6000 square feet. Many homes have city
lights views. The only entrance is from Palos Verdes Drive North and
the road extends up a long climb to around 1000 feet elevation. Many of
the properties are horse lots with connecting trails.
There
are no vacant lots available. The smaller older homes of 1200 to 3000
square feet are typically $900,000 to $1,700,000. A 2400 square foot
home on 1/2 acre with city lights view in good, but not remodeled
condition, would be around $1,400,000. The newer mansions of around
5000 square feet would be about $2,000,000 to $3,000,000.
Academy Hills is
a tract of 184 homes in an island of Los Angeles county located along
the West side of Crenshaw Blvd. The neighborhood is entered off of
Palos Verdes Drive North and extends up the hill to the Chadwick
Academy. Homes are typically 2000 to 3000 square feet on about 1/4 acre
lots and many have city lights views.
There
are no vacant lots available. The homes range from typically $1,000,000
to $1,700,000. A 2400 square foot home on 1/4 acre with city lights
view in good, but not remodeled condition, would be around $1,400,000.
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