Palos Verdes Estates Gatehouse - 07/30/10 04:27 PM

Palos Verdes Estates was originally designed to be a gated city and a gatehouse was built to guard its northern entrance.  It is located on Via Valmonte at the Torrance border.  It was called the Mirlo Gate Lodge Tower.
A stone plaque on the site states, "The ‘Stone Tower' was built by the Palos Verdes Homes Association in 1926 from the plans of the architect Clarence E. Howard submitted in Nov. 1925.  Intended for a gated entrance located on parkland, it was deeded to Palos Verdes Estates in 1939 and has been occupied by various tenants to maintain and preserve … (1 comments)

Palos Verdes Academy Hill Neighborhood - 07/28/10 03:10 PM

Academy Hill neighborhood  is located near the intersection of Palos Verdes Drive North and Crenshaw.  184 homes on a 58 acre tract are located in Academy Hill which has an Home Owners Association with voluntary $50/year dues that help pay for a yearly neighborhood party and other events. It has been described as a "tight knit" and "friendly" neighborhood where neighbors work together.

Academy Hill is located an the unincorporated area of Palos Verdes Peninsula 90274 and is actually part of unincorporated Los Angeles County.  This area is home to the prestigious  Chadwick School which is a private school established in 1938 with Kindergarten through 12th Grade … (1 comments)

New Changes to Fannie Mae Appraisals - 07/23/10 01:51 PM

We spoke (complained), and were heard.  Fannie Mae told lenders on June 30, 2010,  that they "prohibit lenders from changing appraisals" according to a LA Times article Sunday (click here for full story).  This is good news for owners of Palos Verdes real estate and buyers also. 
Here is what has been happening since the new May 2009 Guidelines.  Lenders have been ordering appraisals from Management Companies who sometimes choose an appraiser from out of the area who may have only "minimal access to local realty data" and the appraisal comes in low.  Additionally, "Lenders unilaterally may be lowering the numbers on the … (3 comments)

Palos Verdes Tour Tips - 07/20/10 05:56 PM
There were 37 homes on the July 13, 2010, Palos Verdes real estate Broker's Tour - too many to see in the allotted 2 hours but I was able to see 10 homes today.  We currently have 270 active single family Palos Verdes homes for sale ranging in price from $750,000 in Rancho Palos Verdes 90275 to $14,500,000 in Rolling Hills 90274 (the low in Eastview is $579,000).  There are 57 townhomes/condos for sale priced between $200,000 and $1,080,000.  My favorites were:
 
Jennifer Cody and JoAnne Daddario's (Cody & Co) 3920 Via Solano, Palos Verdes Estates 90274 (above left) is … (0 comments)

Wouldn't You Love To Live Here! - 07/19/10 10:04 PM
Home, Palos Verdes, Rancho Palos Verdes. by Elaine Carlson

My new lease listing at 4112 Palos Verdes Drive South, Rancho Palos Verdes 90275 is a fabulous opportunity to experience resort living at Portuguese Bend Club with access to a private beach.  This 4 bedroom, 2.5 bath, 2,122 square foot home is for lease at $4,200 per month.  Sit inside or outside on your deck and watch the sunset.  Lounge by your own solar heated pool. 
 
This bright home has abundant skylights.  The open floor plan includes a nearly 20′ x 30′ living room with built-in desk area behind louvered doors.  … (2 comments)

Congratulations Palos Verdes Schools! - 07/16/10 08:34 PM

"Newsweek has recently identified the best high schools in the nati0n ‘based on how hard school staffs work to challenge students with advanced placement college-level courses and tests.'" according to a press release from the Palos Verdes Peninsula Unified School District (excerpt continues below).
Peninsula High School is #178 in the nation and Palos Verdes High School is #239.  Among California high schools on the list, Peninsula is #18 and Palos Verdes High is #26.  According to Newsweek, "just over 1600 schools, only 5% of the public schools in the United States made the list."  The Newsweek list includes many … (1 comments)

Palos Verdes Real Estate Market Trends June 2010 - 07/15/10 09:57 PM

June 2010 statistics for Palos Verdes real estate indicate a possible slowing compared to both May 2010 and June of last year.  49 single family homes sold/closed escrow in June 2010 compared to 57 in May and 54 in June 2009.   However, 17 Palos Verdes homes sold/closed escrow since July 1, 2010 which is nearly 2 1/2 times as many as this time last month.  62 homes had pending sales for June, up from 58 pending sales in May.  Active homes for sale in June are again up to 260 (rising for the last 5 months) although down from 301 in June 2009. 
(3 comments)

Palos Verdes Free Summer Fun - 07/07/10 07:01 PM

Free 2010 summer fun  in Palos Verdes Peninsula is not just for owners of Palos Verdes real estate, but is open to all. Here are some of the events to chose from this summer:
The Lunada Bay Homeowners Association will be hosting "Summer Concerts in the Park" at Lunada Bay Park, Palos Verdes Estates.   It is recommended that you bring low beach chairs or blankets and a picnic dinner and enjoy the music for the three concerts this summer on the following Thursdays, 6:00 p.m. to 8:00 p.m.  They are:
     .  07/15 - Marti Harris & Friends (jazz, blues & … (1 comments)

Palos Verdes Tuesday Tour Tips - 07/06/10 09:56 PM
There were 27 homes on the June 29, 2010 Palos Verdes real estate Broker's Tour.  We currently have 257 active single family Palos Verdes homes for sale ranging in price from $659,000 in Rancho Palos Verdes 90275 to $14,500,000 in Rolling Hills 90274 (the low in Eastview is $504,000).  There are 56 townhomes/condos for sale priced between $200,000 and $949,000.  My favorites were:
 
Pamela Lieb's (Remax Palos Verdes Realty) 30904 Marne Drive, Rancho Palos Verdes 90275 (above left) is a 4 bedroom, 4 bath, 2,859 square foot home for $1,550,000.  This remodeled Country Club home features panoramic white water/Catalina Island views, … (0 comments)

Palos Verdes Fourth of July Celebrations - 07/01/10 04:57 PM
 
Fourth of July on the Palos Verdes Peninsula will be celebrated at two special public events. There will also be several local firework displays in the evening.
In 2010, Palos Verdes Estates will be holding their 48th Annual Independence Day Celebration at Malaga Cove School, 300 Paseo del Mar. The festivities are free to the public and will begin at 9:45 a.m. with entries into the Apple Pie Contest followed by the Children's Decorated Bike/Scooter Parade at 10:00 a.m. There will be music and family games for all ages. Everyone is welcome to bring picnics to enjoy on the lawn. This year's … (0 comments)

 
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Elaine Carlson

Palos Verdes Peninsula, CA

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Remax Palos Verdes Realty

Office Phone: (310) 802-2393

Cell Phone: (310) 701-5698

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