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Palos Verdes Peninsula, CA Real Estate News

By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The Palos Verdes Library District has two great free movies that they will be showing in the month of April 2018.  Each month they offer a different selection of foreign movies – a “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.  The PVLD’s Ciné-Monde, a film series featuring notable films from around the globe, will be screening THE SALESMAN at 5:30 p.m., on Thursday, April 12, 2018, in the Peninsula Center Library Community Room.  The film will be in its original Persian with English subtitles.  This event is free and open to the public.The Multiplex film series (featuring notable, popular and recent American releases from Hollywood) occurs on the fourth Thursday of ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes homes owners ask me what they can do to get the highest sales price for their home.  In addition to a realistic listing price, it is important to remove the clutter and stage your home along with possible home improvements.  Which home improvements and remodeling projects give the greatest return on investment?  For owners of Palos Verdes homes (and Los Angeles County) who choose upscale remodeling, the top three projects for 2018 are the same as last year but the returns are higher.  The remodeling project with the highest return on investment is Garage Door replacement at a 145.6% return followed by Window Replacement (wood) at a 96.1% return (vinyl at 95.3%), and Grand Entrance (fiberglass) at a 90.8% return according to Remodeling Magazine’s “Remodeling 2018 Cost vs Val...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes Peninsula Land Conservancy’s celebration will take place on Saturday, April 21 2018, at the White Point Nature Preserve. We have been celebrating Earth Day on April 22 in this country since 1970. The first Earth Day led to the creation of the United States Environmental Protection Agency and the passage of the Clean Air, Clean Water and Endangered Species Act.At White Point Nature Preserve from 9:00 a.m. to 2:00 p.m., families can enjoy this year’s Palos Verdes Earth Day celebration. From 9:00 to 12:00 noon, you can volunteer in the demonstration garden surrounding the White Point Nature Education Center. At 10:00 a.m., the LA City Rangers will lead a family friendly nature hike to explore trails with native coastal habitat, blooming wildflowers, and wildlife. At 11:00 a.m....
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
2017 Palos Verdes homes sales for the Monte Malaga neighborhood increased to 42 single family homes sold compared to 27 in 2016.  Price per square foot for Monte Malaga houses that sold in 2017 increased to $716 compared from $671 in 2016, a 6.8% increase.  Average sales price for Monte Malaga homes sold in 2017 was $2,868,976 compared to $2,383,167 in 2016.  The most expensive home sold for $9,250,000 and the lowest priced home sold for $1,245,500. Currently, Monte Malaga has 13 active Palos Verdes homes for sale. There are 13 single family homes ranging in price from $1,750,000 for a 4 bedroom/4 bath, 3,179 square foot home, to $14,900,000 for a 7 bedroom/10 bath, 11,000 square foot home.  There are no condos/townhomes for sale in this area. For background and history on Monte Malaga...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes residents who have high school age children know that summer school on the peninsula fills up fast. Even though the Palos Verdes Unified School District has not taken its spring break, students are scrambling to sign into classes.Summer high school for Palos Verdes students in grades nine through twelve, will be offered at Palos Verdes Peninsula High School. Online registration will be activated according to the specific grade. As of now PVPUSD Seniors (Grade 12 in Sept. 2018), and Juniors (Grade 11 in Sept 2018) are able to register for classes. As of today, March 29, PVPUSD Sophomores (grade 10 in September 2018) will be activated for registration at 7:00 p.m. On Monday, April 16, 2018, PVPUSD Freshman (Grade 9 in September 2018) will be activated for registration at 7:00...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
I’ve just listed this gorgeous lease unit at 6526 Ocean Crest Drive #A102,in Rancho Palos Verdes, for only $1,950/month. Let me tell you more about my listing.This is a great 1 Bedroom Condo in the gated & secure Seagate community located in the prestigious Rancho Palos Verdes. Conveniently located on the 1st floor this unit is freshly painted, clean, and updated. Kitchen features include new tile flooring, new Dishwasher, Granite Counter Tops and Double Sink, Electric Stove/Oven, Refrigerator and a built-in Microwave. Living room features wood flooring and has a sliding glass door, with new Vertical Blinds that opens up to a covered back patio. Hallway has large closet with mirrored doors, and a vanity sink & mirror. Full Bathroom features laminate flooring and a new toilet, with a sec...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes residents have a great opportunity to view the INHABIT: The Olmsted Brothers at Palos Verdes Peninsula, which is currently being presented at the Palos Verdes Art Center until May 27, 2018.In 1914, the renowned Olmsted Brothers landscape architectural firm was commission to design a “New City”, on the Palos Verdes Peninsula after businessman Frank A. Vanderlip purchased 16,000 acres of peninsula land. John Charles Olmsted and Frederick Law Olmsted Jr, sons of the famous Frederick Law Olmsted, took upon the job and were looking to replicate an Italian Mediterranean oasis .The INHABIT presents a revealing visual experiential take on the landscape here during these years, and utilizing the original source materials that help with the firms organic based design strategies. The ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The City of Rancho Palos Verdes will host their annual Document Shredding and E-Waste Disposal for residents during April.  Document shredding and e-waste disposal are important for Rancho Palos Verdes homes owners.  This gives home owners an opportunity to dispose of articles that cannot be picked up at regular trash collections.Rancho Palos Verdes residents will have the opportunity on Saturday, April 21, 2018, to have their documents shredded by EDCO and the City of Rancho Palos Verdes.  They are sponsoring this free document paper shredding from 8:00 a.m. to 11:00 a.m. at the Rancho Palos Verdes Civic Center.  The center is located at 30940 Hawthorne Blvd, Rancho Palos Verdes.  This drop-off is for Rancho Palos Verdes residents only.  Residents can safely dispose of personal documen...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the March 13, 2018, Palos Verdes real estate Broker’s Tour (22 homes had open houses today) are described below.  We currently have 159 single family Palos Verdes homes for sale ranging in price from $998,989 in Rancho Palos Verdes (The low in Eastview is $869,000) to $40,000,000 in the City of Rolling Hills.  There are 19 Palos Verdes condos/townhomes for sale priced between $424,868 and $1,995,000.  My favorite Palos Verdes homes today are:      Judy Henry’s (RE/MAX Estate Properties) 5357 Bayridge Road, Rancho Palos Verdes 90275 (above left) is a 5 bedroom, 5 bath, 3,262 square foot home for $3,575,000.  This fabulous Silver Spur coastal plantation home, designed by Louie Tomaro, features breathtaking panoramic ocean/city/Queen’s Necklace views, gorg...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
During the month of April 2018, 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, nocturnal full moon walk and volunteer opportunities which are listed below. Special Events:  Guided Nature Walk by Palos Verdes Land Conservancy at Forrestal Reserve will take place on Saturday, April 14, 2018, at 9:00 a.m.  You will enjoy some of the best wildflower viewing and dramatic geological formations on the cliffs of this former basalt quarry.  Seeing the faults, folds and indigenous intrusions visible in the sedimentary bedding is exciting.  This is considered a moderate to strenuous walk and is free and open to the public.  Park along Forrestal Drive or park in the lot at La...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate sales February 2018 for Palos Verdes homes was just about the same as January.  49 Palos Verdes houses sold in February compared to the 50 homes sold in January and was exactly the same as the 49 homes that sold in February 2017.  There were 76 Palos Verdes single family homes pending in February which increased from the 68 homes pending in January.  The number of active Palos Verdes homes for sale in February (165) increased from the 131 homes for sale in January. Average sales price for Palos Verdes homes sold in February increased to $1,630,000 from $1,592,000 in January and increased from the $1,529,000 in February 2017.  Price per square foot for Palos Verdes houses that sold/closed escrow in February increased to $635 from January ($619).  Average days on ...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes Unified School District students, in grades TK – 5, are welcome to enjoy the full day Spring Break Camp from April 2 to 6, 2018, and hours are 6:30 a.m. to 6:30 p.m.  This is a great opportunity for working parents to use a convenient daycare for their school age children. The District will also  allow students who are not currently enrolled in PV Kid’s Corner, to join the program.  In order to participate, you must complete a registration packet and return it to the PV Kid’s Corner business office no later than March 23, 2018.  The office is located at Rancho Del Mar High School, 38 Crest Road West, Rolling Hills.The full day camp will take place at the Soleado Kid’s Corner Center and will be a fun experience for kids during the Spring week break.  One of the projects offe...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes residents have a wonderful volunteer organization here on the Peninsula called Los Serenos de Point Vicente, which assists and supports the City of Rancho Palos Verdes for the Point Vicente Interpretive Center. This center features a museum which exhibits the natural and cultural history of the Palos Verdes Peninsula. These wonderful docents and volunteers also provide tours, special events, workshops and classes which are open to the public. The Los Serenos de Point Vicente docents were formed when the Point Vicente Interpretie Center was opened in 1984. This is also the Center’s vantage point where these volunteers count daily from December to April, the migrating Gray whales that head down to Baja.The original volunteer class selected the name “Los Serenos de Point Vice...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The beautiful Terranea Resort will be offering Palos Verdes homes owners an opportunity to experience wonderful restaurants and exquisite views when joining them for their Easter Brunchon Sunday, April 1, 2018.Terranea Resort offers a variety of food choices to choose from at their many restaurants.  The Easter Ballroom Brunch will take place in the Palos Verdes Grand Ballroom.  The annual holiday brunch will offer a selection of food offerings including an omelet and egg station, Hawaiian French toast, pasta and risotto action station, carving station, the sauté kitchen, salad bar, seafood station, charcuterie & cheese, kid’s buffet, dessert station and more.  Easter Eggstravaganza Egg Hunt and activities are included in admission.  The seating times are as follows:  9:00, 9:30 & 10:00...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
My favorite Palos Verdes Homes on the March 6, 2018, Palos Verdes real estate Broker’s Tour (33 homes had open houses today) are described below.  We currently have 152 single family Palos Verdes homes for sale ranging in price from $1,075,000 in Rancho Palos Verdes (The low in Eastview is $849,000) to $40,000,000 in the City of Rolling Hills.  There are 18 Palos Verdes condos/townhomes for sale priced between $424,868 and $1,995,000.  My favorite Palos Verdes homes today are:        Gerard Bisignano’s (Vista Sotheby’s International Realty) 51 Albero Court, Rancho Palos Verdes 90275 (above left) is a 5 bedroom, 5 bath, 5,182 square foot home for $4,250,000.  This custom Mediterranean Palos Verdes Drive South home features expansive coastline/Catalina views, gourmet kitchen w/center isl...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes home owners have a fabulous selection of local venues to celebrate special events.  This is the time to start planning ahead for next years weddings, special celebrations, classes or even large meetings.  Palos Verdes residents can choose from a formal celebration, large adult party event, or even children’s parties which include playground areas.The Palos Verdes Art Center can accommodate parties up to 350 dinner guests or 500 guests for a reception event.  Whether a large or small event, they can help you make it special and guests can also enjoy the surrounding artwork and graphics.  The Palos Verdes Art Center is located at 5504 W. Crestridge Road, Rancho Palos Verdes.  For more information and prices click here or call (310) 541-2479.Palos Verdes Library District has o...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
Palos Verdes real estate single family home sales in the first 22 days of February 2018 are 37 homes which is an increase from the 26 Palos Verdes homes sold in the first 22 days of January and a decrease from first 22 days of February 2017 (31).  (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 February 1st to date is $1,718,946 which is an increase from last month’s average of $1,530,782 for this same time period and a decrease from $1,901,668 last February. In February 2018 to date, the highest priced Palos Verdes home sold for $6,399,999 and is located in the Palos Verdes Drive South neighborhood of Palos Verdes Estates and has 5 bedrooms, 5 baths and 7,954 square feet on a 3...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
Palos Verdes has one of the best public school districts in the states, proven by the fantastic statistics that come out every year. Recently, they were voted 6th Best School District in California by NICHE. While some states have different grade levels that achieve these statistics, others don’t seem to have the consistency from TK through High School.Palos Verdes is also home to some wonderful private schools. Students from surrounding areas come to the peninsula just for enrollment in these private schools. Here are just a few of the private schools located in the area: Rolling Hills Prep, Chadwick, Peninsula Heritage and Country Day.The school system is one of the main reasons why buyers are searching for homes in the area at this time. Knowing that school enrollment is currently be...
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By Elaine Murphy Carlson
(RE/MAX Estates Properties)
The City of Rancho Palos Verdes will be sponsoring the Egg Hunt Eggstravaganza at Ladera Linda Community Center.   At this popular event, children from 1 to 8 years of age can join Mr. Rabbit and find Easter eggs to fill their basket.  This event will be held on Saturday, March 31, 2018, from 10:00 a.m. to 11:30 a.m.   The fee is $15 per child and there will be a limited number of participants.  Online registration is taking place right now, and remember this event does fill up so make sure you register ahead of time by going to apm.activecommunities.com/rpv or call (310) 544-5260 and get your name on the list.  The last day to register online is March 26, 2018, only if space permits.  Remember to bring your Easter basket, and of course your camera because there will be lots of photo op...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
The Palos Verdes Art Center will be presenting it’s 32nd Homes Tour, Legends By The Sea: A Tale of Three Homes, on Friday, April 20, and Saturday, April 21, 2018, from 10:00 a.m. to 4:00 p.m. The Tour will feature three homes that have a mix of designs with a classic Italian villa built in 1916, a mid-century oceanfront hideaway, and a bold 21st century contemporary.This is a great way to spend the day. You will be able to relax in the seaside atmosphere while touring, then enjoy a delicious luncheon from 11 a.m. – 3 p.m. During the afternoon you will also have the opportunity to do a little shopping at the Collected Treasures shop, designer boutiques and enjoy original art pieces by local and PVAC Studio artists.Pictured above is the serene and dramatic 21st century contemporary, locat...
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