Situated on the westernmost cliffs of the Palos Verdes Peninsula, the City of Palos Verdes Estates real estate and values continues to fulfill former landowner and developer Frank Vanderlip’s vision of the area as the nation’s “most fashionable and exclusively residential colony”, and it remains today as one of Los Angeles County’s most affluent cities.
The development of open land began in 1922. One of the first master-planned real estate communities in the United States, Palos Verdes Estates became the first of the four peninsula cities to be incorporated, in 1939.
Palos Verdes is the name of a desert tree whose trunk and branches are bright green in color and when it is devoid of blossoms, it presents the appearance of a bundle of green sticks or poles. Hence, the name “Palos Verdes” or green sticks!
When you purchase in the City of Palos Verdes Estates, you get a great deal more than a piece of ground. You buy parks, schools sites, wide avenues, play grounds, hiking trails, vast ocean views, and the feeling of a small, very peaceful and secure, community … all designed to meet the needs of the final population.
As shown, there are currently 65 homes for sale in Palos Verdes Estates. In terms of the perceived value of real estate in Palos Verdes as well as the value retention of real estate for sale, homes we believe it is a direct result of a well-run City, the public concern for architectural integrity thru the Palos Verdes Homes Association and Art Jury plus our outstanding schools. All three entities combined provide security for all our real estate investments.
By 1925, the first store building in Malaga Cove Plaza was completed. Storm drains, electricity, and a community water system had been installed in preparation for city residents. Roads were nearing completion, and 100,000 trees and shrubbery had been planted. With the opening of a post office, the Palos Verdes community became an officially recognized city. Homes construction continued across the area, with lots in the Valmonte area selling in the $600 range and contraction costs for an average home falling between $6,000-$12,000.
Today, the Art Jury and the Palos Verdes Homes Association continue to oversee building and landscaping across the city. Ninety years’ worth of logistical and aesthetic decisions showcase both the natural beauty of Palos Verdes and the cohesive, beautiful communities that the early planning and architect pioneers worked so hard to achieve.
A true world-class Palos Verdes real estate Masterpiece set behind gates & up a long private driveway. This magnificent Tuscan Villa is situated on an approximately 1.6 acre knoll overlooking stunning views of the Pacific Ocean and distant islands. Discover luxury, harmony, and your own private resort compound in the exclusive City of Palos Verdes Estates. The remarkable grounds allow great space for both grand entertaining & sumptuous relaxation, including patios, manicured gardens, N/S tennis court, pool, spa, & sprawling lawns all overlooking the shimmering ocean views. One of the early architects in Palos Verdes and its real estate development was Walter Swindell Davis who was responsible for the design of Palos Verdes Estates historic landmark, the La Venta Inn.
There is 800 acres of park area provided, all of which could have been subdivided and sold out in lots but which are available to the residents as either developed parks or hiking trails or land set aside for park use but which offer buffers to maintain our wonderful views of ocean, sunsets and distant vistas.
Palos Verdes also has its own semi private 6,300 yard magnificent Palos Verdes Golf Club that is meticulously and professionally maintained; a pro-shop, dining and banquet facilities that are second to none. We also have a semi-private membership swim and fitness club built at the shoreline of our city.
You might think you’re playing Augusta National Golf Club while picking your shots at the magnificent semi-private Palos Verdes Golf Club opened on November 15, 1924. The course is located in the middle of an 800-acre parkland preserve overlooking Santa Monica Bay with ocean views visible from several holes. While not long in length by modern standards at 6219 yards par 71 (6490 from the black tees), four sets of tees provide a challenge for all level of golfers. The combination of barrancas, creeks, and 74 bunkers requires strategically placed tee shots and accurate approach shots to small well-manicured greens. The front nine is one of the few courses with what is called a “perfect nine” in that there are no two consecutive holes with the same par.
Our weather is somewhat special and could be referred to a “Alaskan” summers with a mean averages of around 70 degrees; while in the winter it could be referred to as “Egypt and the Arabian coast” while basking in the mean average temperatures of 50 to 60 degrees . Thus Palos Verdes Estates may be said to combine on ne locality the advantages of Alaskan summers and Egyptian winters.
The Palos Verdes Homes Association and Art Jury (est. 1923, CA non-profit corporation) operate separate and apart from the organizational structure of the City of Palos Verdes Estates. They enforce the deed restrictions established in the early planning and development of the city. These restrictions determine the building setbacks within each lot including the type of architecture allowed.
Overview of Palos Verdes Estates Lifestyles
We have a most interesting make up in our small city.
88% of real estate is owned.
41% have Bachelor and 35% are Graduate degrees.
19 year longevity of residency.
45 to 64 average age.
90% of populace is Professional, Service or Healthcare industry
History of Palos Verdes Estates “Fourth of July Celebration”
Once Upon a Time… 51 Years Ago
Yes we even have baked apple pie!
John Adams was good at prophesying when he said of the 4th of July: “I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival.”
The year was 1962 when the Palos Verdes Independence Day Celebration Committee was founded. Advertising guru Bryan Hardwick and wife Denise met with a few close friends and some of the merchants in Malaga Cove Plaza to form a volunteer committee. They agreed that shooting rockets into the night sky over the beautiful Palos Verdes Peninsula was fun, but hardly qualified as a genuine old-fashioned patriotic observance.
In planning the event, Bryan, a Navy veteran, said, “We all realized that the word ‘patriotism’ had lost its sheen. The only time all year that we could proudly promote patriotism and America without someone calling us national chauvinists was the 4th of July.”
At first, the annual all-volunteer celebration on the Little League field at Malaga Cove School grew modestly. Families and friends planned activities and signed up to help, going door-to-door collecting funds to meet expenses. Then in the bicentennial year of 1976, a surge of patriotism swept the country. Attendance at the local celebration soared.
It has been a popular red, white and blue tradition ever since. All-time favorite activities still include the children’s decorated bicycle parade, Jim Gamble puppets, apple pie baking contest, games and picnicking. Patriotic music and stirring speeches emphasize the day’s significance.
Bryan and Denise Hardwick and close friends enjoyed the committee’s beginning years, and now in its 50th year, Hardwick children proudly serve to carry on the tradition.
This Year’s committee members under the chairmanship of Sharon Ryan and Milt Lane are enthusiastically welcoming the Palos Verdes Independence Day Celebration back again on the grounds of Malaga Cove School, commemorating a great nation’s birthday.
Based on information from California Regional Multiple Listing Service, Inc. as of November 14, 2019 21:25 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.