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Palos Verdes Estates Neighborhood Report


Vista Sotheby's International Realty

Palos Verdes Estates is a city, incorporated in 1939, in Los Angeles County, on the Palos Verdes Peninsula. The city was master planned by the noted American landscape architect and planner Frederick Law Olmsted, Jr. The city is located along the Southern California coastline of the Pacific Ocean. There are several accessible beaches, although most of the predominantly rocky shoreline is marked by high cliffs. Other significant features of the city are the scenic Palos Verdes Golf Club, a challenging 18-hole golf course and country club, the Palos Verdes Tennis Club and the Palos Verdes Beach Club. These facilities are restricted for recreational use by city resident-members and guests and are centrally located within the city. Another popular city landmark atop Palos Verdes Estates is the La Venta Inn. Built in 1923, La Venta Inn was the first known building structure on the Palos Verdes Peninsula. Architects Walter and Pierpont Davis designed the building and the famous landscape architects, the Olmstead brothers, designed its gardens. La Venta Inn has spectacular views of the Southern California coastline.

The city is primarily a high-end residential location, with no traffic lights, and relatively limited commercial areas found in Malaga Cove Plaza and Lunada Bay. One of Southern California’s most exclusive and expensive neighborhoods, Palos Verdes Estates’ aesthetics and architecture are protected by an Art Jury, a non-governmental organization which must approve any exterior alteration to any building, fence, sidewalk, or other structure. For example, most residences and business buildings within the city limits have uniform Mediterranean red ceramic tile roofs and often feature architecture with column and arch motifs, resembling European coastal communities.

Snapshot

4
New Listings in the last 14 days
0
Properties Pending Sale
3
Recently Sold Properties

Currently for Sale

22
Currently for Sale
128
Average Days on Market
2/2/2023
Newest Listing

Recently Sold

24
Total Sold
54
Average Days to Sell
2/3/2023
Last Sale

Neighborhood Summary For Sale

$2,999,900

Median List Price For Sale Properties
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds3.77
  • Baths4
  • Sq. Ft.3950.73
  • Price$4,964,899
  • $/Sq.Ft.$1,066
  • Low
  • Beds0
  • Baths0
  • Sq. Ft.0
  • Price$4,975
  • $/Sq.Ft.$1
  • High
  • Beds7
  • Baths10
  • Sq. Ft.11042
  • Price$15,000,000
  • $/Sq.Ft.$2,897
  • Median
  • Beds4
  • Baths4
  • Sq. Ft.3228
  • Price$2,999,900
  • $/Sq.Ft.$1,001

Neighborhood Summary Sold

$2,400,000

Median Sold Properties Price
  • Beds
  • Baths
  • Sq. Ft.
  • Price
  • $/Sq.Ft
  • Average
  • Beds3.88
  • Baths3.79
  • Sq. Ft.3190.5
  • Price$2,939,062
  • $/Sq.Ft.$956
  • Low
  • Beds2
  • Baths2
  • Sq. Ft.1171
  • Price$735,000
  • $/Sq.Ft.$627
  • High
  • Beds7
  • Baths9
  • Sq. Ft.8102
  • Price$6,670,000
  • $/Sq.Ft.$1,416
  • Median
  • Beds4
  • Baths3
  • Sq. Ft.2382
  • Price$2,400,000
  • $/Sq.Ft.$896

Average List/Sell Price

List Price $4,964K
Sell Price$2,939K

Median List/Sell Price

List Price $2,999K
Sell Price$2,400K

Average List/Sold $SQFT

List $/Sq.Ft$1,066
$/Sq.Ft$956

For more information on property values in your neighborhood, reach out today!

310.990.4727

Market Summary Report

Here's what's happening in 90274
$3,928,383
Median Sales Price
62
Properties Sold
23
New On Market
Properties for Sale
100
100
  • 75
  • 150
  • 225
  • 300
  • 375
Avg. Days on Site
62
62
  • 50
  • 100
  • 150
  • 200
  • 250
For sale by price
Days on Market
Properties For Sale
90274 Demographics
  • Median Age
    51
  • Population Density
    1890
  • College Education
    81%
  • Median Income*
    $181,776
  • Total Home Owners*
    7,908
  • Renters*
    985
  • Owner / Renter*
    89% / 11%
  • Average Household Size*
    2.8
  • Total Population
    24,541
*Values are estimates based on community data provided by LiveBy, Inc.
Schools Near Here
Elementary Schools
    • Public
    • Chadwick School
    • Grades: KG-12, Enrollment: 844
    • 0
    • Public
    • Dapplegray Elementary
    • Grades: KG-05, Enrollment: 645
    • 5
    • Public
    • Lunada Bay Elementary
    • Grades: KG-05, Enrollment: 378
    • 4
    • Public
    • Montemalaga Elementary
    • Grades: KG-05, Enrollment: 445
    • 5
    • Public
    • New Horizons Child Devmnt Center
    • Grades: PK-KG, Enrollment: 5
    • 0
    • Public
    • Rancho Vista Elementary
    • Grades: KG-05, Enrollment: 411
    • 5
Middle Schools
    • Public
    • Chadwick School
    • Grades: KG-12, Enrollment: 844
    • 0
    • Public
    • Palos Verdes Intermediate
    • Grades: 06-08, Enrollment: 837
    • 5
High Schools
    • Public
    • Chadwick School
    • Grades: KG-12, Enrollment: 844
    • 0
    • Public
    • Palos Verdes High
    • Grades: 09-12, Enrollment: 1574
    • 4
    • Public
    • Palos Verdes Peninsula High
    • Grades: 09-12, Enrollment: 2304
    • 5
    • Public
    • Rancho del Mar High (Continuation)
    • Grades: 10-12, Enrollment: 46
    • 1
School data courtesy of LiveBy, Inc.

For more information on property values in your neighborhood, reach out today!

310.990.4727