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Palos Verdes Peninsula is actually composed of 4 different cities – Palos Verdes Estates, Rancho Palos Verdes Estates, Rolling Hills and Rolling Hills Estates (and 2 Los Angeles County areas known as Westfield and Academy Hills). They are all part of the Palos Verdes Peninsula Unified School District.

This is the first of 5 posts which will describe the unique qualities of each of the cities from weather to real estate to shopping. The main road that surrounds the Peninsula (in a loose circle) is called Palos Verdes Drive North, South, East and West. Pretty original, huh?

First some history – Several years ago, I was certified as a Palos Verdes Specialist and during the classes I learned that the Peninsula was pushed up out of the sea (much like an island) and the ocean waves eroded the land forming terraces. I am told that from the air, one can still see some of those terraces.

In 1913, the entire Peninsula was purchased for development for $1,500,000 by a group headed by Frank Vanderlip, Sr. After the stock market crash in 1929, portions of the property were sold off. 1,000 acres were set aside and offered for free for a California University but Westwood was chosen instead (UCLA). Can you imagine how different Palos Verdes Peninsula would be if the university was built here?


4 Responses to “Palos Verdes Peninsula (Part 1)”

  1. 1 Kelly Evans

    Hi Elaine…..very interesting article. Amazing that for $1,500,000 one could buy the entire peninsula! That gets you one house today!

  2. 2 Kelly Evans

    I wrote an article based on yours – thanks for the inspiration…please visit –
    http://kellyandlaura.socalhomeblog.com/ to check it out!
    thanks, Elaine

  3. 3 Sandy DeAngelis

    Elaine,
    Thanks for all the information on Palos Verde — I have lived here for over 20 years and have never had much information on that region.
    Very well written.

    I may even try to write some sort if history on my blog, http://www.historichomesblog.com. Sandy

  1. 1 South Bay & Hollywood Riviera Real Estate Blog » $1,500,000 for the Entire Palos Verdes Peninsula?? | Hollywood Riviera & South Bay Local Real Estate by Kelly & Laura

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