Palos Verdes Real Estate Sales Rolling Hills Neighborhood 2016

Palos Verdes Real Estate Sales Rolling Hills Neighborhood 2016

2016 Palos Verdes homes sales for the Rolling Hills neighborhood decreased to 22 single family homes sold in 2016 compared to 27 in 2015.  Price per square foot for Rolling Hills houses that sold in 2016 decreased to $804 compared from $806 in 2016, a 0.3% decrease.  Average sales price for Rolling Hills homes sold in 2016 was $3,472,695 compared to $3,715,287 in 2015.  The most expensive home sold for $7,300,000 and the lowest priced home sold for $1,150,000.

Currently, Rolling Hills has 25 active Palos Verdes homes for sale.  There are 25 single family homes ranging in price from $1,950,000 for a 3 bedroom/3 bath, 2,257 square foot home, to $48,000,000 for a 9 bedroom/25 bath, 51,000 square foot home.  There are no condo/townhomes for sale in this area.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the City of Rolling Hills.

 

 

Palos Verdes Home Sales Rolling Hills Neighborhood 1st Half 2016

Palos Verdes Home Sales Rolling Hills Neighborhood 1st Half 2016

Palos Verdes homes sales in the Rolling Hills neighborhood for the first half of 2016 decreased to 14 single family homes sold in 2016 compared to 18 in 2015.  Price per square foot for Rolling Hills houses that sold in the first half of 2016 decreased to $767 from $812 in 2015, a 5.6% decrease.  Average sales price for Rolling Hills homes sold in the first half of 2016 increased to $3,798,521 in 2016 compared to $3,740,319 in 2015.  The most expensive Palos Verdes home sale in the Rolling Hills neighborhood was $7,300,000 and the lowest priced Palos Verdes home sale in the Rolling Hills neighborhood was $1,200,000.

Currently, the Rolling Hills neighborhood has 28 Palos Verdes homes for sale.  There are 28 single family homes for sale ranging in price from $2,450,000 for a 3 bedroom/3 bath, 2,222 square foot home, to $48,000,000 for a 9 bedroom/25 bath, 51,000 square foot home.  There are no condo/townhomes for sale in this area.

For background and history on the Rolling Hills Neighborhood Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the Rolling Hills neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the City of Rolling Hills.

Palos Verdes Home Sales Rolling Hills Neighborhood First Half of 2015

Palos Verdes Home Sales Rolling Hills Neighborhood First Half of 2015

Palos Verdes homes sales in the City of Rolling Hills for the first half of 2015 increased to 18 single family homes sold in 2015 compared to 7 in 2014.  Price per square foot for Rolling Hills houses that sold in the first half of 2015 increased to $812 from $703 in 2014, a 15.6% increase.  Average sales price for Rolling Hills homes sold in the first half of 2015 decreased to $3,740,319 in 2015 compared to $4,040,143 in 2014.  The most expensive Palos Verdes home sold in the City of Rolling Hills was $7,970,000 and the lowest priced Palos Verdes home sold in the City of Rolling Hills was $1,550,000.

Currently, the City of Rolling Hills neighborhood has 21 Palos Verdes homes for sale.  There are 21 single family homes for sale ranging in price from $1,890,000 for a 3 bedroom/4 bath, 3,877 square foot home, to $53,000,000 for a 9 bedroom/25 bath, 7,273 square foot home.  There are no condo/townhomes in the City of Rolling Hills.

For background and history on the City of Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the City of Rolling Hills and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the City of Rolling Hills.

Palos Verdes Art Center “Behind the Gates” Homes Tour of Rolling Hills

Palos Verdes Art Center “Behind the Gates” Homes Tour of Rolling Hills

circle tour 2015

The Palos Verdes Art Center is proud to present “The Circle 2015 Historic Homes Tour” on Friday, April 10, and Saturday, April 11, 2015, from 10:00 a.m. to 4:00 p.m.  This tour features three beautiful homes located behind the gates of Rolling Hills.  “Behind the Gates,” brings you to a world of beauty and stunning panoramic vistas abounds.  The homes presented range from a historic equestrian retreat to a totally re-visioned 1950’s entertainment paradise.  The owners are just as diverse, including an Academy Award winner and classic car collector.

Quintessential Rolling Hills is the newest home pictured above, built in 1994 and is the largest with 7,400 square feet.  This home is the epitome of the Rolling Hills ranch.  Accented with red brick and topped with shake roof, this four bedroom, six bath white wood house is sited to take full advantage of its canyon and harbor views, while providing outdoor privacy and open, airy indoor spaces.

An Entertainer’s Paradise is located down a 500 ft. private drive and sits on a 5,000 + square foot entertainer’s dream – a warm inviting home that easily holds hundreds of guests.  Originally built in the 1950’s, the home combines a traditional aesthetic with an open floor plan unusual in a non mid century modern house of that era.  The house has a stunning view of Catalina Island and is full of many luxurious details, from its home furnishings to Italian limestone floors.  Outside are two large terraces each with its own outdoor kitchen. There is also a three car garage, with a stunning gallery of automotive art, remodeled into a showplace for the owners’ classic automobiles.

Historic Equestrian Retreat is, from the three-rail white fence to the two story, four stall barn to the simple 1938 board-and-batten house (one of the first built in this gated community), classic Rolling Hills – a casual, rural enclave in the vast urban sprawl of Los Angeles.  Horses have called this address home continuously since the 1940’s.  The modest entry gets you ready for the breathtaking view, antiques, travel memorabilia, art, custom decor and a gleaming golden Oscar.  Yet the 4000 + square foot home exudes a cozy comfortable atmosphere, ideal for both daily family living and large scale entertaining.

You can enjoy your included lunch before or after your tour.  Lunch will be served from 11:00 am to 2:00 pm, by TGIS and the stylish Stripe Cafe, at the Palos Verdes Art Center.  While at the Art Center, you will find fascinating boutique shopping opportunities and The Circle’s own Classy Collectibles, a resale paradise.  Raffle prizes range from a stay at Terranea and a limousine trip to the Hollywood Bowl to sports and art packages.

Pre-sale tickets are $50, and on the day of the event they will be $55. You can purchase tickets on line at pvhomestour.org or at Palos Verdes Art Center, which is located at 5504 W. Crestridge Road, Rancho Palos Verdes.

To read my prior article on the Palos Verdes Art Center Homes Tour click here.

Photo courtesy of the Palos Verdes Art Center

Palos Verdes Real Estate Rolling Hills Neighborhood 2014

Palos Verdes Real Estate Rolling Hills Neighborhood 2014

2014 Palos Verdes homes sales for Rolling Hills neighborhood decreased to 19 single family homes sold compared to 27 in 2013.  Price per square foot for Rolling Hills houses that sold in 2014 increased to $741 compared from $676 in 2013, a 9.6% increase.  Average sales price for Rolling Hills homes sold in 2014 was $3,414,445 compared to $2,600,204 in 2013.  The most expensive home sold for $6,650,000 and the lowest priced home sold for $1,545,000.

Currently, Rolling Hills has 15 active Palos Verdes homes for sale. There are 15 single family homes ranging in price from $2,900,000 for a 3 bedroom/3 bath, 3,954 square foot home, to $53,000,000 for a 9 bedroom/25 bath, 50,000 square foot home.  The City of Rolling Hills does not have any townhomes or condos.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of the City of Rolling Hills.

Palos Verdes Home Sales Rolling Hills Neighborhood First Half of 2014

Palos Verdes Home Sales Rolling Hills Neighborhood First Half of 2014

Palos Verdes homes sales for the City of Rolling Hills for the first half of 2014 decreased to 7 single family homes sold in 2014 compared to 17 in 2013.  Price per square foot for Rolling Hills houses that sold in the first half of 2014 increased to $703 from $655 in 2013, a 7.5% increase.  Average sales price for Rolling Hills homes sold in the first half of 2014 increased to $4,044,786 in 2014 compared to $2,357,029 in 2013.  The most expensive Palos Verdes home sale in the Rolling Hills neighborhood was $6,650,000 and the lowest priced Palos Verdes home sale in the Rolling Hills neighborhood was $2,000,000.

Currently, the Rolling Hills neighborhood has 20 Palos Verdes homes for sale. There are 19 single family homes for sale ranging in price from $1,695,000 for a 3 bedroom/3 bath, 3,042 square foot home to $53,000,000 for a 9 bedroom/25 bath, 50,000 square foot home.

For background and history on the Rolling Hills Neighborhood Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes home sales for the Rolling Hills neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of Rolling Hills.

Construction Hours In Palos Verdes

Construction Hours In Palos Verdes

construction

Many Palos Verdes homes owners have recently remodeled their homes instead of purchasing a new one because of increasing home costs.  Although the homeowner is anxious to finish their project quickly and enjoy their newly remodeled home, there are rules limiting when construction hours can occur.

On the Palos Verdes Peninsula, the four city offices have a little different schedule for permitted construction hours.  Always make sure you contact the city before beginning any home project.

The City of Palos Verdes Estates’ permitted construction hours are: Monday through Thursday from 7:00 a.m. to 7:00 p.m., Friday is 7:00 a.m to 5:30 p.m. and Saturday 9:00 a.m. to 5:00 p.m.  Construction is not permitted on Sundays or holidays.  For more information, call (310) 378-0383.

The City of Rancho Palos Verdes’ permitted construction hours are Monday through Friday from 7:00 a.m. to 6:00 p.m. and Saturday’s permitted hours are 9:00 a.m. to 5:00 p.m.  Construction is not permitted on Sundays or holidays.  For more information, call (310) 265-7800.

The City of Rolling Hills Estates’ permitted construction hours are Monday through Saturday from 7:00 a.m. to 6:00 p.m.  Construction is not permitted on Sundays or holidays.  For more information, call (310) 377-1577.

The City of Rolling Hills’ permitted construction hours are Monday through Saturday from 7:00 a.m. to 6:00 p.m.  Construction is not permitted on Sundays or holidays.  For more information, call 310-377-1577.

Photo courtesy of Louis Skelton.

 

The Most Expensive House In Palos Verdes

$53,000,000 Rolling Hills home, courtesy of Mark Singer Photography

 

I have had several questions about the new $53,000,000 Palos Verdes home for sale.  Nearly a month ago, LA Times had an article about this $53,000,000 Palos Verdes home located in the City of Rolling Hills.  This is big news for Palos Verdes as the most expensive home sold to date was on Crest Road also in Rolling Hills that sold in 2007 for $12,900,000; it was on the market for 16 days!

Lauren Beale wrote a very descriptive article about the home itself and the building of the home (click here to read the entire LA Times article).  The nearly 50,000 square foot house is six stories with 5 of those stories being underground as the City of Rolling Hills only allows one story homes (that must be painted white).  The nearly 8-acre property includes a guesthouse, an olive tree grove, an apartment/garage wing, a reflecting pool, a boccie court and a swimming pool with 180-degree views of Los Angeles and Santa Monica Bay coastline.  The 9 bedroom, 25 bath home has two elevators, a wine cellar, a five story indoor tennis court and a 10,000 square foot hamman (Turkish bath) complete with refreshment rooms, tubs, steam room, massage shower and indoor swimming pool.  Click here for more photos from the LA Times.

Tennis Court courtesy of Mark Singer Photography

Lauren Beale quotes the owner’s reason for selecting Rolling Hills as the site to build his home which is called Hacienda De La Paz – “Of the two most dramatic spots on the California coast, the Monterey Peninsula and here, this is grander.”  The Palos Verdes Peninsula “has life” and unlike the Westside, it’s not congested.  I couldn’t agree more.  I think our secret may be out.

I would love to see this house and have been waiting for the home to have a Broker’s Open House – nothing yet.  I am pretty sure it would make my Top Tuesday Tour pick!   Marcie Hartley of Hilton & Hyland/Christie’s International Real Estate is the listing agent.

Photos courtesy of LA Times/Mark Singer Photography

Palos Verdes Real Estate Rolling Hills Neighborhood Sales 2012

2012 Palos Verdes homes sales for the Rolling Hills neighborhood increased slightly to 19 single family homes sold in 2012 compared to 18 in 2011.  Price per square foot for Rolling Hills houses that sold in 2012 increased to $712  compared to $660 in 2011, a 7.8% increase.  Average sales price for Rolling Hills homes sold in 2012 was $2,651,579 compared to $3,112,778 in 2011.  The most expensive home sold for $7,000,000 and the lowest priced home sold for $1,250,000.

Currently, Rolling Hills has 12 single family homes for sale ranging from $2,000,000 for a 4 bedroom/3 bath, 2,673 square foot home to $10,900,000 for a 4 bedroom/7 bath, 7,413 square foot home.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current Palos Verdes real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.

Photo courtesy of Rolling Hills

Palos Verdes Home Sales Rolling Hills Neighborhood First Half Of 2012

Palos Verdes homes sales for the Rolling Hills neighborhood for the first half of 2012 decreased to 9 single family homes sold in the first half of 2012 compared to 10 in the first half of 2011.  Average sales price for Rolling Hills homes sold in the first half of 2012 decreased to $2,510,278  from $3,490,000 for the first half of 2011.  Price per square foot for Rolling Hills houses that sold in the first half of 2012 increased to $646 from $620 in first half of 2011.  The most expensive home sold for $7,000,000 and the lowest priced home sold for $1,275,000.

Currently, Rolling Hills has 20 active Palos Verdes homes for sale.  There are 20 single family homes for sale ranging from $968,200 for a 3 bedroom/3bath, 2,965 square foot home, to  $10,990,000 for a 7 bedroom/10 bath, 14,374 square foot home.

For background and history on Rolling Hills Multiple Listing Area 166, please click here to read my prior article on this neighborhood.

To view current  Palos Verdes real estate statistics for the entire Peninsula, please click here or on the Statistics tab above.

Photo courtesy of the City of Rolling Hills