Palos Verdes Home Sales of course vary all the time so let’s take a brief moment to review what’s happening in a more “macro” fashion for the South Bay real estate market. At around 1:30, watch for the big surprise in the video below, but play from the beginning to understand the perspective.
I was prompted to write this post when I read a couple of articles today, one from the Real Estate Insider which referenced a report from Lawrence Yun who is the National Association of Realtors’ chief economist in Washington DC. According to NAR, pending home sales in January increased dramatically from levels in January of 2014; up over 8%. That’s a big number.
In fact it was noted that this is the 5th consecutive year in which pending sale volume increased. Now the interesting part for me is the comment from Lawrence Yun in which he stated that “…for the most part buyers in January were able to overcome tight supply to sign contracts at a pace that highlights demand that exists in today’s market…”
For those of you that have touched in to my blog, you know I’m just an old econ guy and supply/demand patterns fascinate me. After all, real estate, like any other commodity, has its price purely driven by the interaction between the two.
So what of the South Bay and Palos Verdes homes? Are we finding the same trends that pattern the National trends for real estate? If not in what way are they different? Take a look at the charts presented in this video. I believe you will find this VERY interesting and if you’re planning on buying or selling property here in the South Bay, very helpful to you strategically. Want more information? Contact me using the popup in the bottom right of this screen.
Must see this beautiful house with a park like backyard with large pool. House offers 5 bedrooms 3.5 bath, 2 bedrooms in the lower level with one full bath and 3 bedrooms in the main level with 2.5 bath. Master suite with walking closet and Jacuzzi tub and shower. Formal living room with fireplace and dining area. Large family room with breakfast area opens into a large inviting back yard. All smooth ceilings with recessed lighting and upgraded windows.
This 2,661 square foot house sits on a 9,650 square foot lot and features 4 bedrooms and 3 bathrooms. Enjoy a 180 degree city view both day and night from major rooms and patio. Kitchen has been updated with a six burner gas cooktop and granite counter tops. Conveniently located at the top of the hill just a short drive to shopping.
Located on a short cul-de-sac street, this large lot is landscaped and designed beautifully around this very large family home. This 4 bedroom, 4 bath home has 2 master bedrooms, one upstairs and one downstairs with french doors leading out to it's own patio. The formal living room boasts of high vaulted wood beamed ceilings with a wood burning fireplace. Wait till you see the formal dinning room addition which also boasts of high vaulted beamed ceilings and windows galore to view the wonderful gardens as well as french doors leading to another private patio. The perfect flow extends to the huge open concept family room and kitchen addition to this home with stainless appliances, granite counter tops and large center island. Don't miss the walk in pantry! Upstairs are 3 large bedroom and 2 baths.
Be Prepared to be Amazed with this Sensational Single-level remodeled home in the Family Friendly Silver Spur neighborhood in Rolling Hills Estates. Convenient walking distance to Award winning Palos Verdes Schools and Peninsula Center, the heart of Palos Verdes. Featuring a new 2017 Modern and Open Floor Plan with 1,596 SF with a Spacious Great Room, Custom Kitchen with a large Breakfast Island, Stainless Steel Appliances and Granite Countertops, 4 Bedrooms, 2 remodeled Full Baths, new dual pane windows and doors, furnace and air conditioning, refinished hardwood flooring, recessed lighting and electrical panel. Ideally situated on a quiet street with a 7,767 SF Lot with a sparkling City Light and Harbor View. This home has a very convenient location on the Palos Verdes Peninsula and is close to Restaurants and Shopping with easy access off, on and around the Peninsula. This immaculate and well maintained remodeled home is a rare opportunity for affordable family home ownership on the Palos Verdes Peninsula. This is a wonderful opportunity for your family's new Rolling Hills Estates home.
Entering an iron gate entrance you will find through double doors an Original single story with a longer foyer to open living space. Living room has vaulted ceilings, marbled fireplace and via floor-to-ceiling glass windows of views of tree and the ocean. One will find an open kitchen with family room or can be used for casual dining. A very well kept 5 bedroom 3 bath home that has a tremendous amount of potential. One can use their imagination to create a beautiful home for elegant living. It is a 5 bedroom, presently used as a 4 bedroom which can easily be put back, and 3 bathrooms. One steps out to its own oasis of very private grounds with grass and beautiful greenery. A charming backyard surrounded by trees and views of San Nicholas. There were 30,000 dollars of improvements that have been done such as a new clean out to the main line, new heater, spa room, marbled fireplace and driveway with beautifully done pavers. Immaculate large garage with direct access to the home. This home is located in the well sought out area of Los Verdes community close to schools, shops and parks.
Welcome to this wonderful family 4 bedroom, 2.5 bathroom home. Vaulted ceilings greet you in the spacious living room that opens to backyard. The second living space is right off the beautiful updated kitchen with breakfast area, inside laundry. Freshly painted throughout the inside and outside. This is a fabulous neighborhood with wonderful warm weather and loads of sunshine!
This Valmonte home has big, dramatic city-lights views from floor-to-ceiling windows that captures your attention immediately when walking into the house. You'll spend your evenings entertaining in the wide open Living Room and Dining Area enjoying the wood burning fire place and twinkling lights outside. Three bedrooms and two bathrooms on this same floor. The Master Bedroom has an updated bathroom and enjoys the same great views. The Kitchen is updated with a small eat in counter that could be made into a larger center island and eating area if wanted. In the center of the living space are the stairs that take you down to the large Family Room with the second of two fire places - opening with sliding glass doors to the beautiful pool and sunning deck - very nicely landscaped. Off the Family Room is a big Mother-in-laws room with access to the pool as well. Ideal for a lucky older teenager, in-laws, or guests. The separate bathroom downstairs services the Bedroom and/or the Pool Guests. The Laundry area is located at the bottom of the stairs by the Family Room. Flooded with natural light through out. This home is perfect for those needing to get off the hill quickly with access to PCH and Hawthorne just blocks aways. Surprisingly quiet. Enjoy all the perks of living in Palos Verdes Estates and join the magnificent PV Beach Club or PV Golf & Tennis clubs. Easy access to the Beach. Award winning Palos Verdes Unified School District. WELCOME HOME!
Fabulous interior cul-de-sac location on top of the hill on an 11,000 SF lot. Remodeled kitchen with newer cabinets and granite counters. Newer double pane windows and plantation shutters. All the rooms are good size. Grand entry opens to large front living room with beamed, vaulted ceilings, and formal dining room. Custom oak and white staircase has been installed. Kitchen, nook and separate family room overlook the backyard. Fireplace in the family room. There is one bedroom and bathroom downstairs. The bedroom has builtin book cases. Huge master suite with walk-in closet and another closet near the bathroom. Master bath has double sinks, make up vanity area, separate shower and tub. Double sinks in hall bath as well. Three car garage. Fabulous private backyard with lush landscaping. Ocean view from master bedroom window.
CUSTOM 3 BEDROOM 2 BATH HOME, GREAT CURB APPEAL, DYNAMITE LOCATION. THIS HOME WAS EXTENSIVELY REMODELED AND HAS A FANTASTIC FLOOR PLAN, CUSTOM WINDOWS AND DOORS, HARDWOOD FLOORS , STONE WORK , PERFECT FAMILY KITCHEN,ALARM SYSTEM,AIR CONDITIONED,PROFESSIONALLY LANDSCAPED FRONT AND BACK PERFECT FOR KIDS WITH LOTS OF STORAGE TOO.
POOL Home where you can wake up to a glorious sunrise overlooking spectacular canyon views! Perfectly nestled on quiet street in the well adored Ranchview neighborhood of Rolling Hills Estates. Situated on a mostly flat over ¼ acre lot new fully remolded home is a perfect blend of indoor/outdoor living. 3 bedrooms, 3 baths, home office, open concept floor plan, you'll be amazed. Living room blends into the gourmet kitchen w/ custom 7 ft island, custom cabinets, 36 Sub Zero fridge, 4 burner/griddle 36 WOLF Range, farm sink & breakfast nook that offers optional entertaining needs. Kitchen will surely pull the heart of the home together, walk in pantry, new Anderson windows & french doors, new mechanical, plumbing, electrical inside. All hardwood flooring throughout. 2 master suites, both sitting on one end of the house. The main master bathroom features dual sinks, Marble counters, 2-person tub, oversized designer shower w/ ceramic tiles. French doors lead you out to the backyard w/ breath taking views from your bed. 3rd bedroom is private & can be the perfect guest room. Outside living space can be accessed from french doors off the dining. Beautifully new landscaped front & backyard, gorgeous POOL which is perfect for south facing sun, tons of scenic views, trees, even a peak-a-boo view of the ocean from the backyard. The backyard has room for barn/guest house & is zoned for horses w/ canyon access. This home is perfect! You will feel instantly inspired to entertain!
The absolutely perfect family home is here. Walk to school, enjoy a large grassy yard, move-in ready and have your friends over for dinner! This picture perfect home has high beamed ceilings, hardwood floors, plus front and back patios that make entertaining a breeze! In addition to the 4 bedrooms, this home has a separate office and separate family room with French doors leading to the outdoor space - so everyone has a place to enjoy. New paint, new landscaping, new granite in kitchen, new fixtures, newer bath, New French doors, new patios! The wait is over.
Amazing opportunity for whoever gets this turn-key home in Rancho Palos Verdes, near Peninsula High School (recently ranked the 6th best high school in California)! Enjoy the breathtaking views that show an unobstructed look from the Santa Monica Coastline, to Downtown LA, to the Long Beach Port, from this well-designed 4 bed 3 bath executive home! This bright and airy home boasts class and sophistication. Next we flow into the ultimate command central kitchen with magnificent granite counters, stainless appliances, and with a built-in subzero refrigerator. This is a true chefs delight that invites you and your guests to relax, entertain, and/or enjoy family dinners! A spacious dining area provides access right to the relaxing backyard with ample seating overlooking the huge sparkling pool. This gem offers an incredible master suite with walk-in closets and a luxurious bathroom. Which then compliments nicely to the two amply sized bedrooms upstairs and the bathroom at the end of the hall. Downstairs you have the huge family room (with city view), another bedroom, and bathroom. Right next to that you have the two-car garage with direct access into the home. The home is walking distance to Peninsula Shopping Center, the Promenade Outdoor Mall, Movie Theater, and Peninsula High School. Not to mention you're a small drive away from Terranea Resort, Los Verdes Gold Club, Trump Golf Course, etc. Enjoy Palos Verdes living at it's best! You don't want to miss this one!!
This home redefines the word immaculate! Designed by these original owners, their pride-of-ownership is apparent! An inviting front courtyard welcomes you to a home filled with light, warmth, and a sense of comfortable living. The first floor offers a formal entry, den or office, living room with vaulted beamed ceilings and dramatic stone fireplace, formal dining room, kitchen with breakfast nook, a butler's pantry, and views of the ocean from almost every room! The downstairs features a large master suite, two other good-sized bedrooms, a laundry room, and a bonus room with over 570SF of unfinished space that you could almost put a handball court in! Other features include hardwood floors, double balconies, three-car garage, a large fenced backyard with fruit trees and rolling lawns, and a great location in the heart of Palos Verdes Estates! With it close proximity to Margate School and PV High, there is nothing not to like about this property!
Charming Traditional home in Tree Section of Valmonte. Foyer entrance into lovely living room with coved-extended fireplace. A Center Hall Plan opens to most rooms. Coved ceilings, molding, and wainscoting throughout most of the house. Front bedroom is light and bright with sun showing through Bowed-style windows. Separate dinning room renders entrance into kitchen with a separate round built in Nook. Separate Utility room off kitchen has large storage in cupboards on both walls. Warm family room with wood wainscoting and Fireplace, closet for storage. Many colorful flowers and fruit trees in very large back yard. Pastoral view of back yard from enclosed attached deck to the house. A long driveway leads to Over-sized double car garage in back yard. This also could possible be a developer's dream lot to build or to add onto property. Buyer(s) to verify with city. Buyer(s) may want to paint, remodel or repair.
Welcome to this Gorgeous 4 Bedroom 2 Bath complete move-in ready Queens Necklace View home. This one level OPEN FLOOR PLAN – NEWLY RENOVATED home offers many delightful amenities. The kitchen features stainless steel appliances, custom cabinetry and conveniently opens to the large Living Space. All Bedrooms are great in size the Master Bedroom is a true EN-SUITE featuring a fully remodeled bath including a large spa tub and His & Hers sinks. The Guest Bath is also fully remodeled boasting dual sinks and a large tub. Newer hardwood floors, newer windows, and interior / exterior paint, red tile roof complete this GEM of a home. All located in an excellent pride of ownership neighborhood and near schools & shops AN ABSOLUTE MUST SEE !!!
LOCATION.. LOCATION.. LOCATION. Excellent opportunity to own on a very exclusive street. This Ranch style home has incredible curb appeal and is situated in a very private cul- de-sac in Rancho Palos Verdes. Custom brickwork creates the ultimate approach to this single level home. The living room is anchored by a fireplace and opens to a dining room. The kitchen with upgraded granite counters opens to a family room and french doors leading to a sparkling pool and spa. The master bedroom also has direct access to the amazing backyard with numerous sitting areas and massive avocado tree. The long driveway is perfect for RV parking and has additional storage area behind the garage area. Award winning schools and walkable access to amazing trails makes this the perfect starter home in Rancho Palos Verdes.
Views, views, glorious magnificent views!! Stunning panoramic views of the California coastline and city lights from Palos Verdes to Malibu across the sparkling jeweled lights of the Los Angeles basin to the Santa Monica mountains and Pacific Palisades Peninsula. Majestically situated in Rancho Palos Verdes, this desirable and impeccably maintained single level home offers the best of California indoor/outdoor living & entertaining. This gracious light-filled home is a peaceful private setting for your family and friends. Your new 1816 SqFt 3 bedroom 2 bath home on a large lot awaits. Located in a fabulous neighborhood in the highly sought Award-Winning Palos Verdes school district. Conveniently located near Schools, Hesse & Ryan Parks, Peninsula Center and the Beach. Location, Location, Location… This extraordinary Los Verdes property is a perfect place to call home. Must see to appreciate. The opportunity to own this amazing home will not last long!
Remarkably elegant and classic home is flawless! Impressive custom details throughout create private sanctuary you won’t want to leave. Enter into bright, open living area and chic dining space where large custom windows invite the outside in. Relax and enjoy a meal there, or flow out through the doors to the patio next to the pool to enjoy garden views and PV days and evenings. Spotless, sunny kitchen is spacious and well-appointed with custom detailing, countertops, and cabinetry. Kitchen with breakfast bar flows into family room with cozy fireplace perfect for unwinding. Family room also enjoys walk-out access to fine outdoor living area where pool, patio, lounging area, and hillside garden meet. A charming sitting/ reading room and a custom wine room add further to the home’s peaceful vibe. Home also features rare, exquisite library/ office with custom paneling and hidden room. Immaculate master suite features fireplace, extra large walk-in closet, gleaming bathroom, and views of private hillside. Additional bedrooms are faultless, with clean skylights and/ or large windows. Even the 3-car garage is impeccable and has been finished to include flooring, ample built-in cabinetry, and large closets . Walking distance to elementary school.Some ocean view from upstairs room. Don't miss out on this picturesque home!
Spectacular “Mesa Palos Verdes” multi-level home nestled on charming Sunmist Drive, offering the utmost in lifestyle and location. Great curb appeal and flexible floorplan. Open, flowing layout with kitchen, adjacent casual dining area, and large living/dining room on entry level. Direct access to attached two-car garage, leads into kitchen for convenience in unloading groceries. Living room offers large, new windows allowing for plenty of natural light and view of foliage and yard. A few steps down leads to a spacious yet cozy family room with a wet bar, abundant built-in bookshelves and storage plus new sliding glass doors spilling out to the lower level yard/pool area. One bedroom, bathroom and laundry also located on this level. Upper living level boasts 3 bedrooms and 2 baths, which includes the master suite and bath. Fantastic two-tiered backyard encompasses a spacious wood deck for children’s play, relaxation and family entertaining and a large flat grassy yard which leads down to the lower yard boasting a newer resort-style sparkling salt water pool and jacuzzi surrounded by lush, mature tree line providing a secluded backyard. All of this in a wonderful, peaceful and private environment that is conveniently located only a short distance to Ridgecrest Intermediate, Highridge Park, Peninsula High School, shopping, and restaurants. Ready to move in, with the opportunity to maximize on potential views from the interior and backyard.
Why do we love living here and being owners of Palos Verdes Homes? I've been a resident of Palos Verdes since 1968 attending 6th grade, graduating from Palos Verdes High School, graduating from UCLA and then coming back to Palos Verdes Estates to begin my real estate career in 1980. Talking with thousands of people and many hundreds of clients has confirmed for me what I've always known about owning any of the many fine Palos Verdes homes. We appreciate our strong school district ranked in the top 100 of all districts in these United States, we love our clean ocean breeze swept air, we love our approximate 70+ miles of hiking and equestrian trails, we love our quiet, peaceful, safe cities and bedroom communities and we love the strong sense of neighborhood that exist in the many varied neighborhoods here in Palos Verdes. From Palos Verdes ocean view homes in Palos Verdes Estates to the ranchos in Rolling Hills, there really is something for everyone. And, as "boring" as we might be, we have some great restaurants, and entertainment centers too. I can't wait to talk with you more about our many different communities. Meanwhile feel welcome to explore this website and if you own one of the many Palos Verdes homes and want an estimate of Palos Verdes home values, you will see a tab here to engage a few widgets to check and balance. Use the contact blue buttons to get a hold of me today