Thursday, March 27, 2014

Showcase - The Monte Malaga neighborhood of Palos Verdes Estates CA

The Pacific framed by the Santa Monica Bay. We call it the "Queen's Necklace" view in Palos Verdes.
Monte Malaga encompasses the upper hills of PV Estates, just above the Malaga Cove area.  The views can be stunning, often causing even the locals to stop and pull out their cameras to get a shot of the Santa Monica Bay.  The "New York Hill" section of Monte Malaga contains many of the largest homes in all of Palos Verdes.

An infinity pool in a luxury estate on the hillside in Monte Malaga.
Monte Malaga is home to some of the most exquisite estates on the Palos Verdes Peninsula. Although this Palos Verdes Estates neighborhood does not have ocean frontage it does command sweeping views from its location high amid the hills of Palos Verdes. The area is home to some of the most expensive homes on the hill.

Estates with knock out views in the Monte Malaga neighborhood.

- Norma & Josh Toering of Charlemagne Int'l Properties
(310) 493-8333 or Email us

Homes for sale in Monte Malaga, Palos Verdes Estates: (See more homes in PVE)

Monday, March 10, 2014

Palos Verdes and Beach Cities Homes For Sale Priced Over $5,000,000

Grand staircase in a $7M estate in Palos Verdes.
It is no secret the coastal homes along Southern California's coast command a premium price. The housing market recovery, coupled with the growing number of luxury home buyers, is contributing to a surge in luxury home prices in the South Bay of Los Angeles.

During the past 12 months the luxury home markets I track and work recorded 23 sales priced over $5,000,000. Here is the breakdown by individual city:

  • Manhattan Beach: 10 Luxury homes priced over $5,000,000 sold. 
  • Hermosa Beach: 2 Sales over $5,000,000 were recorded. The most expensive home on this list of high-end homes, a 7,000 sq. ft. home built in 2013 and located on The Strand in Hermosa Beach, sold for $14,800,000. 
  • Palos Verdes Estates: 6 Luxury sales over $5,000,000 were recorded per MLS information. 
  • Rolling Hills: 3 Rolling Hills luxury homes priced over $5,000,000 sold from March 2013 to March 2014. 
  • Rancho Palos Verdes: 2 Luxury homes sales over $5,000,000 were recorded in Rancho Palos Verdes for the previous 12 months. 
  • 23 high-end luxury home sales were recorded during the past 12 months in Palos Verdes and the Beach Cities. 

Homes priced over $5,000,000 currently for sale:
- Norma Toering, Broker (310) 493-8333

Palos Verdes Luxury Homes $5M+:
Beach Cities homes $5M+:
Beach Cities luxury condos and townhomes:

Tuesday, March 4, 2014

Palos Verdes Luxury Homes--March 2014

February was a quiet month for luxury home sales on the Palos Verdes Peninsula with only one sale topping the $2,000,000 luxury home price. The home, located in Palos Verdes Estates on Grandvia Altamira, sold for $2,290,000.

There are currently 19 luxury homes in escrow with accepted offers and 61 Palos Verdes luxury homes priced over $2,000,000 for sale.

Palos Verdes luxury homes currently for sale by location:
  • Palos Verdes Estates: 26
  • Rancho Palos Verdes: 18
  • Rolling Hills: 13
  • Rolling Hills Estates: 3
  • Palos Verdes Peninsula (unincorporated area): 1
For more information about Palos Verdes luxury homes contact Norma at 310.493.8333.

Palos Verdes homes for sale over $5,000,000:
Palos Verdes homes for sale over $2,000,000: