Palos Verdes Peninsula Education Foundation 2017 Main Event
Palos Verdes Peninsula Education Foundation (PEF) will be holding its annual “Main Event” fundraiser at Terranea Resort on Saturday, May 13, 2017, to raise additional funds for the Palos Verdes Peninsula Unified School District. This year’s event “IBIZA en Blanco”, is meant to be an escape to the vibrant island off of Spain for a whimsical evening that will ignite your senses. You will enjoy cocktails, dinner and dancing at Terranea Resort.
The Palos Verdes Peninsula Education Foundation was founded in 1979 to raise much needed money for our schools that the State was not providing. PEF’s first gift to the School District was $250,000. The number of students and amount of government aid has varied tremendously and the school district relies on these donations from PEF for the shortfall. These donated funds are being spent to retain teachers, library aides, keep class sizes smaller, music instruction, academic counselors at high schools, college and career centers, STEM funding, help with science fair funding and teacher grants for innovative classroom projects. This year, the PEF is pledging $3.5 million to keep supporting the above programs, and can’t do it without everyone’s support – big or small. There will also be an opportunity to win a Lexus by purchasing tickets before the event. (Winner does not need to be present.) Tickets can be purchased on line at www.pvpef.org for $50 each or $125 for three tickets.
This year there will be a raffle for a year of dining at Terranea Resort. Four people can dine each month at the Catalina Kitchen for an entire year. The winner of the event will be drawn at the Main Event. Tickets for this raffle are $100 each and can be purchased at www.pvpef.org. The online auction will be open until Sunday, April 23, 2017, at 9:30 p.m. and can be viewed at www.maineventauction.com.
For more information and reservations go to www.pvpef.org/events or call (310) 378-2278.
Click here to read my prior article on Palos Verdes Peninsula Education Foundation’s Main Event.
Photo courtesy of Terranea Resort.
Mid April 2017 Palos Verdes Home Sales
Palos Verdes real estate single family home sales in the first 20 days of April 2017 are 31 homes which is an increase from the 27 Palos Verdes homes sold in the first 20 days March and a decrease from first 20 days of April 2016 (42). (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 April 1st to date is $1,769,390 which is an increase from last month’s average of $1,593,824 for this same time period and an increase from $1,626,406 last April.
In April 2017 to date, the highest priced Palos Verdes home sold for $3,700,000 and is located in the Monte Malaga neighborhood of Palos Verdes Estates and has 3 bedrooms, 4 baths and 4,090 square feet on a 23,454 square lot. This stunning home features ocean/city views, a chef’s dream kitchen, a 698 square foot guest house, an outdoor entertaining area with a cozy fireplace, and a pool/spa. The lowest priced Palos Verdes home sold to date in April for $920,000 and is located in the Monticell0 neighborhood of Rolling Hills Estates; this home was a bankruptcy/land value sale and has 4 bedrooms, 3 baths and 2,356 square feet on a 16,877 square foot lot.
We currently have 184 active single family Palos Verdes homes for sale priced between $925,000 in Rancho Palos Verdes and $48,000,000 in the city of Rolling Hills. To view Palos Verdes real estate statistics from January 2017 through March 2017, click here or on the “Statistics” tab above.
Photo of the wild mustard on the Palos Verdes bluffs courtesy of Arvin Design
Delightful South Torrance Home!
Welcome to my new listing in South Torrance offered at $699,000. This single family home is located at 23715 Cypress Street, Torrance, and just went on the Multiple Listing Service. This cute ranch style home has 4 bedroom, 2 baths, 1,379 square feet and is located in a lovely neighborhood.
You will be impressed by the newly refinished wood floors, double pane windows and ceiling fans in all bedrooms. You can easily entertain in the open kitchen, dining area and living room. Celebrate warm summer evenings outdoors on your covered patio with the private backyard and spacious grassy area. Sweet dreams are yours in the master bedroom with walk-in closet and 3/4 bath. Great central Torrance location with easy access to freeways, schools, shopping and restaurants. Plus award winning Torrance Schools.
Please stop by my Broker Open House on Thursday, April 20, 2017, from noon to 2:00 p.m. You can also attend this weekend’s Open Houses on Saturday, April 22, 2017, from 2:00 p.m. to 5:00 p.m. or on Sunday, April 23, 2017, from 1:00 p.m. to 5:00 p.m. For more photos and information, go to www.23715Cypress.com.
Photos courtesy of Arvin Design.
Favorite Palos Verdes Homes – April 18, 2017
My favorite Palos Verdes Homes on the April 18, 2017, Palos Verdes real estate Broker’s Tour (34 homes had open houses today) are described below. We currently have 190 single family Palos Verdes homes for sale ranging in price from $925,000 in Rancho Palos Verdes (The low in Eastview is $850,000) to $48,000,000 in Rolling Hills Estates. There are 33 Palos Verdes condos/townhomes for sale priced between $445,000 and $2,350,000. My favorite Palos Verdes homes today are:
Igor Nastaskin’s (RE/MAX Estate Properties) 1217 Granvia Altamira, Palos Verdes Estates 90274 (above left) is a 5 bedroom, 6 bath, 5,350 square foot home for $3,800,000. This brand new Tuscan style villa in Monte Malaga features a gourmet kitchen, 2 family rooms, wine room & exercise room. Steven Watts’ (RE/MAX Estates Properties) 2035 Via Visalia, Palos Verdes Estates 90274 (above right) is a 5 bedroom, 5 bath, 4,229 square foot home for $3,400.00. This completely remodeled Monte Malaga home features breathtaking Queen’s necklace to Malibu coastline views, 2 family rooms w/fireplaces, gourmet kitchen, jacuzzi & large sports court.
Chris Adlam’s (Vista Sotheby’s Int’l Realty) 3425 Via Palamino, Palos Verdes Estates 90274 (above left) is a 4 bedroom, 3 bath, 3,118 square foot home for $2,799,000. This recently remodeled Valmonte home sits on a double lot and features vaulted ceilings, spectacular great room, gourmet kitchen, pool and spa. Tony Kim’s (C-21 Amber Realty) 20 Santa Barbara Drive, Rancho Palos Verdes 90274 (above right) is a 4 bedroom, 4 bath, 3,420 square foot home for $2,399,000. This gorgeous “Island View” home features a remodeled kitchen, custom built-ins, gorgeous backyard entertaining area and community tennis courts.
To read my prior article on favorite Palos Verdes homes click here.
Photos courtesy of CRMLS
The Malaga Cove Art Shows Begins This Weekend!
Palos Verdes homes owners know that spring has arrived when the Malaga Cove Art Shows are back for their new season 2017. You can meet with local artists and art collectors one weekend a month from 10:00 a.m. to 5:00 p.m. in a family friendly outdoor environment. The first show will be this weekend on Saturday & Sunday, April 22 & 23, and will continue on May 20 & 21, June 17 & 18, July 15 & 16, August 19 & 20, and September 16 & 17, 2017.
The Palos Verdes Art Center invites the community to meet with over 30 talented local artists from seven different art groups affiliated with the Center. These groups are Artists Open Group, Pacific Arts Group, Paletteers, Palos Verdes Painters, Peninsula Artists, Photographic and Digital Artists and The Third Dimension. These artists will be exhibiting not only paintings, but also photographs, ceramic goods, and custom jewelry. This is all made possible by the support of the City of Palos Verdes Estates. The shows have been a tradition in the community for over 75 years.
Malaga Cove Plaza is located on Palos Verdes Drive West between Via Corta and Via Chico in Palos Verdes Estates. While there, you can take in the historical architecture and landmarks, visit the local gift shop and enjoy lunch at one of three local restaurants.
To read my prior article on the Malaga Cove Plaza Art Shows click here.
Photo courtesy of the Palos Verdes Art Center.
Palos Verdes Beach & Athletic Club 2017 Summer Swim Program
The Palos Verdes Beach and Athletic Club located in Palos Verdes Estates is once again offering their swim lesson program to both members and non-members at the PVBAC pool. Lessons are provided for children of all levels and are capped at 1 instructor per 6 students. This is not for recreational swimming, but for the specific lesson/program being offered. For a Palos Verdes Estates resident, a non-member session is $180. The program does fill up quickly so it’s important to enroll now if you are a member, otherwise non-member sign ups will start on Monday, May 1, 2017, for Palos Verdes residents. If classes are still available on May 12, 2017, non residents may apply. They should print the program brochure and have registration & waiver forms filled out/signed when they register in person. For more information on the swim program go to www.pvestates.org.
The three week swim sessions are on Tuesday through Friday (12 lessons/session) as follows: Session 1: June 13-June 30, Session 2: July 5-July 21, Session 3: July 25 -August 11, 2017.
The Palos Verdes Beach and Athletic Club is located at 389 Paseo Del Mar, Palos Verdes Estates and phone number is 310-375-8777.
To read my prior article on Palos Verdes Beach & Athletic club swim lessons click here.
Photo courtesy of Arvin Design
Palos Verdes Real Estate Sales Palos Verdes Drive East Neighborhood 2016
2016 Palos Verdes homes sales for the Palos Verdes Drive East neighborhood decreased to 54 single family homes sold in 2016 compared to 66 in 2015. Price per square foot for Palos Verdes Drive East houses that sold in 2016 increased to $531 compared from $505 in 2016, a 5.1% increase. Average sales price for Palos Verdes Drive East homes sold in 2016 was $1,321,970 compared to $1,364,059 in 2015. The most expensive home sold for $2,400,000 and the lowest priced home sold for $750,000.
Currently, Rolling Hills has 17 active Palos Verdes homes for sale. There are 17 single family homes ranging in price from $1,060,000 for a 3 bedroom/3 bath, 2,070 square foot home, to $6,950,000 for a 5 bedroom/8 bath, 7,500 square foot home. There are no condo/townhomes for sale in this area.
To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Many of the homes in this neighborhood have harbor views and/or views of the Vincent Thomas Bridge and sparkling night time city lights views (photo above).
Palos Verdes AYSO Early Bird Fall 2017 Registration Now Open!
Palos Verdes AYSO Soccer (Region 10) is now accepting early bird online registration for Fall 2017. The Palos Verdes Region 10 of the American Youth Soccer Organization (AYSO) offers year round recreational and competitive youth soccer programs locally for four year olds (U5 division) all the way up to 19 year olds (U19). This year AYSO National has changed the age divisions. Instead of August 1 through July 31, the new age determination will be based on January 1 through December 31st. The age of your child in 2018 will determine their fall division. The home page at www.ayso10.org will show the division and age slots.
The online registration for the new Fall soccer season is now available. All players must go to the new registration website at http://aysobluesombrero.com and create a new account (for your child). If you enter your child’s name exactly as you did last year in eayso.org it will keep the same AYSO ID, but you will have to re-enter all the information regarding your child and contact information this year. All returning players in divisions U5 – U9 will need to register online, print the form and bring it to the walk in registration on April 29th or May 20th, 2017, from 12 noon to 4:00 p.m. at the Hesse Park Community Center. Returning coaches are exempt for U10, U11, U12, U14, U16 and U19 can register online and pay by credit card to complete their registration without attending the in-person registration. Players in the U5 and U6 must register in person on April 29th or May 20, 2017.
Walk in registration will take place on two Saturdays, April 29th and May 20th, 2017, from 12:00 noon to 4:00 p.m. at the Hesse Park Community Center. The cost for early registration until April 30th, 2017, is $165 for your first child, and $140 for each additional child. If registering from May 1st through May 31, 2017, the cost will be $185 for the first child, and $170 for each additional sibling. If you do not sign up by May 31, 2017, you will be placed on a wait list and the charge will be $240. You still need to formally register in person if you do not meet the above requirements. Checks and cash will not be accepted at registration.
If you are interested in volunteering, you will find the required paperwork on the registration site. Since AYSO is a 100% volunteer organization, they are always looking for volunteers to fill coach and referee positions. (There is a special express line at registration for volunteers.) If your child has not played the previous year, you will be required to bring proof of your child’s age either by birth certificate or passport.
To read my last article on AYSO Region 10 Soccer click here.
Hesse Park is located at 29301 Hawthorne Boulevard, Rancho Palos Verdes.
Photo courtesy of AYSO Region 10.
Favorite Palos Verdes Homes – April 11, 2017
My favorite Palos Verdes Homes on the April 11, 2017, Palos Verdes real estate Broker’s Tour (34 homes had open houses today) are described below. We currently have 182 single family Palos Verdes homes for sale ranging in price from $698,000 in Rancho Palos Verdes to $48,000,000 in Rolling Hills Estates. There are 32 Palos Verdes condos/townhomes for sale priced between $445,000 and $2,350,000. My favorite Palos Verdes homes today are:
John Duston’s (Duston Real Estate Services) 1544 Via Zurita, Palos Verdes Estates 90274 (above left) is a 6 bedroom, 7 bath, 7,720 square foot home for $7,200,000. This magnificent Monte Malaga estate features ocean/canyon views, large gourmet kitchen w/butlers pantry, office/library , pool/jacuzzi and putting green. Dana Graham’s (Berkshire Hathaway HomeService) 30026 Avenida Celestial, Rancho Palos Verdes 90275 (above right) is a 4 bedroom, 2 bath, 2,971 square foot home for $1,695,000. This charming Country Club home features 14′ ceilings, magnificent kitchen, office/den, black bottom pool/spa and waterfall/koi pond.
Colleen Johnson’s (RE/MAX Estate Properties) 4645 Rockbluff Drive, Rolling Hills Estates 90274 (above left) is a 4 bedroom, 6 bath, 3,029 square foot home for $1,650,000. This spectacular Silver Spur home features a cook’s kitchen, 4 bedrooms w/private baths, wrap around backyard patio on a 10,031 equestrian lot. Megan Neel’s (RE/MAX Estate Properties) 605 Via Gorrrion, Palos Verdes Estates 90274 (above right) is a 3 bedroom, 2 bath, 1,830 square foot home for $1,625,000. This sunny and stylish Valmonte home features a remodeled kitchen, den/4th bedroom, hardwood floors and natural stone patio.
To read my prior article on favorite Palos Verdes homes click here.
Photos courtesy of CRMLS
Palos Verdes real estate sales March 2017 for Palos Verdes homes increased compared to February. 56 Palos Verdes houses sold in March which is an increase from the 38 homes sold in February and a decrease from the the 59 homes that sold in March 2016. There were 68 Palos Verdes single family homes pending in March which increased significantly from the 56 homes pending in February. The number of active Palos Verdes homes for sale in March (159) was an increase from the 147 homes for sale in February.
Average sales price for Palos Verdes homes sold in March decreased to $1,782,000 from $1,803,000 in February and increased from the $1,769,000 in March 2016. Price per square foot for Palos Verdes houses that sold/closed escrow in March increased to $671 from $660 in February. Average days on market in March decreased to 60 days from the 65 days in February. Months of inventory (months it would take to sell existing inventory at the current rate of sale) decreased to 2.8 months in March for Palos Verdes homes for sale compared to 3.9 months in February. A “normal” market is considered 6 months of inventory and Palos Verdes real estate “months of inventory” is still lower indicating the continuing high demand for Palos Verdes homes. Entire charts can be accessed by clicking here or on the “Statistics” tab above.
Currently, there are 175 single family Palos Verdes homes for sale. 110 Palos Verdes houses are in escrow (54 homes have pending sales and 56 homes are under contract). Additionally, 10 homes have sold/closed escrow in the first 10 days of April.
Chart courtesy of Trendgraphix, Inc.