The Montemalaga neighborhood is located in Palos Verdes Estates. The best thing about this neighborhood is the fabulous ocean and Queen’s Necklace views (photo above) that many homes enjoy as this area is the highest elevation (up to 1380 feet) in Palos Verdes Estates.
The Montemalaga neighborhood is roughly 1 square mile in area and has no ocean borders. It is located on the hill above Lunada Bay, Malaga Cove and Bluff Cove and is bordered by Rancho Palos Verdes to the east. Montemalaga has many of the largest homes on the Peninsula and the lots are among the largest in Palos Verdes Estates. The largest home in this neighborhood is approximately 39,000 square feet. Montemalaga Elementary School is located in this area.
This is strictly a residential area without any commercial or even multi-family housing. There are currently 21 single family homes for sale ranging in price from $1,265,000 (1,805 square feet) to $12,999,000 (18,227 square feet).