Fabulous New Listing In Tarragona Estates!

Fabulous New Listing In Tarragona Estates!

Here is a sneak peak at my new San Pedro listing offered at $750,000, located at 1081 Via Cordova, San Pedro. This beautiful home will be going on the Multiple Listing Service next week, and is a 3 bedroom, 2 bath, 1,920 square foot home on a 9,074 square foot lot.  This fabulous one level home nestled in a secluded area of northwest San Pedro has a peek-a-boo harbor view and a flowing versatile open floor plan.

       

Leaded glass double entry doors lead into a stunning Living Room with dramatic soaring ceilings, and floor to ceiling bookcase, and fireplace. Entertain easily in the great room style sunny kitchen with center island and built in desk, family room, dining area that opens to the backyard. Celebrate warm summer evenings on your large backyard patio.

       

Sweet dreams are yours in the spacious Master Suite with walk in closet, cathedral ceiling and full bath.  The two additional bedrooms have a peek-a-boo harbor view.  Other features include a 3 car garage, wet bar, air conditioning, large storage shed and fenced backyard.  Convenient location to freeways, shopping, restaurants, schools and parks.

For more photos, go to www.1081ViaCordova.com.

Please stop by my Open House on Wednesday, April 11, 2018 from 12:00 noon to 2:00 p.m.

Photos courtesy of Arvin Design

Palos Verdes Real Estate Sales Palos Verdes Drive North Neighborhood 2017

Palos Verdes Real Estate Sales Palos Verdes Drive North Neighborhood 2017

2017 Palos Verdes homes sales for the Palos Verdes Drive North neighborhood decreased to 65 single family homes sold compared to 68 in 2016.   Price per square foot for Palos Verdes Drive North houses that sold in the first half of 2017 decreased to $598 from $600 in 2016, a -0.3% decrease. Average sale price for Palos Verdes Drive North homes sold in 2017 was $1,690,207 compared to $1,624,693 in 2016.  The most expensive home sold for $2,990,000 and the lowest priced home sold for $920,000.

Currently, Palos Verdes Drive North has 6 active Palos Verdes homes for sale.  There are 5 single family homes ranging in price from $1,099,000 for a 3 bedroom/2 bath, 1,656 square foot home, to $3,695,000 for a 4 bedroom/5 bath, 3,588 square foot home.  There is 1 condo/townhome for sale for $720,000 and is a 2 bedroom/3 bath, 1,727 square foot townhome.

For background and history on Palos Verdes Drive North Listing Area 165, 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 Estates.

Palos Verdes Art Center Spring Classes 2018 Are Here!

Palos Verdes Art Center Spring Classes 2018 Are Here!

palos verdes art center new

The Palos Verdes Art Center’s spring session registration is filling up fast for “The Studio School” where classes are being taught for both children and adults.

The children’s classes available this session include: Paint,Cut,Paste,Play! for pre-K & Kindergarten, Exploring Art for Kindergarten & 1st grade, Storytelling & Illustration, Youth Drawing, Cartooning, Printmaking, Watercolor & Pastel for 2nd & 3rd Grades, Botanical Art, Drawing & Painting for 4th & 5th grades, and Drawing & Painting & Youth Wheel for 6th & 7th Grades. They will also be offering the Culinary Club this year for students 8 -12 years of age, and Printing Immersion for high school students.

Some of the adult classes that are available this Spring are Art History, Asian Art History, Ceramics, Intro to the Wheel, Surface Design, Drawing, Glass Blowing, Printmaking, Painting, Textiles & Design, and Jewelry Design.  Some of these classes include visits to the exhibition galleries and interaction with skilled professionals.  The instruction is not always based on a set formula.  Some of the smaller classes are taught by artists and educators that base instruction on individual needs.  These adult classes are ten weeks long, and class prices vary depending on the size of the class and the materials needed.

To register for a spring session class go to www.pvartcenter.org.  On the website, you can register for your class choice, or if you wish to sign up in person, go to the Palos Verdes Art Center’s Entrance Lobby at 5504 W. Crestridge Road, Rancho Palos Verdes.  For more information call (310) 541-2479.

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

Photo courtesy of the Palos Verdes Art Center.

 

 

 

Favorite Palos Verdes Homes – April 3, 2018

Favorite Palos Verdes Homes – April 3, 2018

My favorite Palos Verdes Homes on the April 3, 2018, Palos Verdes real estate Broker’s Tour (16 homes had open houses today) are described below.  We currently have 156 single family Palos Verdes homes for sale ranging in price from $975,000 in Rancho Palos Verdes (The low in Eastview is $879,900) to $40,000,000 in the City of Rolling Hills.  There are 26 Palos Verdes condos/townhomes for sale priced between $424,868 and $1,995,000.  My favorite Palos Verdes homes today are:

       

Gayle Probst’s (RE/MAX Estate Properties) 24 Via Santa Cruz, Rolling Hills Estates 90274 (above left) is a 5 bedroom, 5 bath, 4,511 square foot home for $2,988,000.  This fabulous Mediterranean Vantage Point home features ocean views, gourmet kitchen w/center island, library w/fireplace, huge family room, and large grassy yard.  Gerard Bisignano’s (Vista Sotheby’s International Realty) 3004 Palos Verdes Drive West, Palos Verdes Estates, 90274 (above right) is a 4 bedroom, 3 bath, 3,787 square foot home for $2,475,000.  This updated Lunada Bay home features panoramic ocean views, wrap around balcony, beautiful open kitchen, guest suite, and stunning outdoor area with pool/jacuzzi.

       

Chris Adlam’s (Vista Sotheby’s International Realty) 913 Via Del Monte, Palos Verdes Estates, 90274 (above left) is a 4 bedroom, 4 bath, 3,404 square foot home for $2,399,000.  This spacious Monte Malaga home features dramatic city light views, shiplap ceilings, beautiful kitchen, huge bonus room, and oversized wood deck w/built in spa.  Heidi Brown’s (Coldwell Banker-PV/Beach) 30836 Via La Cresta, Rancho Palos Verdes 90275 (above right) is a 4 bedroom, 3 bath, 2,720 square foot home for $2,099,000.  This magnificent Country Club home features unobstructed panoramic Catalina/Terranea/coastline whitewater views, family room with wet bar, formal dining room, and mature landscaping.

To read my prior article on favorite Palos Verdes homes click here.

Photos courtesy of CRMLS.

Palos Verdes Education Foundation 2018 Main Event

Palos Verdes Peninsula Education Foundation 2018 Main Event

Palos Verdes Peninsula Education Foundation (PEF) will be holding its annual “Main Event” fundraiser at Terranea Resort on Saturday, May 12, 2018, to raise additional funds for the Palos Verdes Peninsula Unified School District.  This year’s event “Totally 80’s Bash” is meant to be a reminisce about music by Devo, Blondie, Men at Work and Tears for Fears.  Remember shoulder pads, Members Only jackets, leg warmers, Pac Man, Rubik’s Cube, everything neon and dot matrix printer paper?  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.  Pledged funds for this year will help support the above programs and all support is welcome – 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 22, 2018, 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  Palos Verdes Unified School District’s Main Event.

 

 

Terranea Resorts Offers Falconry Demonstration

Terranea Resorts Offers Falconry Demonstration

 

Terranea is known for its breathtaking views and outstanding restaurants, but did you know that it has its own Falconer on the premises?  Falconry has been around for a long time, and today world trained raptors still make their way around the Peninsula enjoying the sport.  Terranea Resort instituted the program at the resort because of the large seagull population which would encroach into the restaurant areas.  Falcons help to sway the seagulls away from this area which of course is popular with those staying at the resort.

Terranea offers a weekly complimentary meet and greet Thursday through Sunday, from 11:00 to 11:30 a.m.  You will learn about these magnificent birds and you can even pet the Eagle Owl that is on site.  If you are looking for a private demonstration, they take place Thursday through Sunday, from 9:00 to 11:00 a.m.  The cost is $125 per person.  During this demonstration you will be able to participate with the falconer and the bird will be launched during this visit.

For more information on this interesting experience call Point Discovery at Terranea Resort (310) 265-2851.  Reservations are required for the private demonstration.  For more information about Terranea Resort go to www.terranea.com.

Terranea Resort is located at 100 Terranea Way, Rancho Palos Verdes.

Photo courtesy of the Terranea Resort.

 

Palos Verdes Real Estate Sales Valmonte Neighborhood 2017

Palos Verdes Real Estate Sales Valmonte Neighborhood 2017

Palos Verdes Trees

 

2017 Palos Verdes homes sales for the Valmonte neighborhood increased to 52 single family homes sold compared to 39 in 2016.  Price per square foot for Valmonte houses that sold in 2017 was $738 which was the same as 2016.  Average sales price for Valmonte homes sold in 2017 was $1,671,038 compared to $1,643,963 in 2016.  The most expensive home sold for $2,800,000 and the lowest priced home sold for $1,070,000.

Currently, Valmonte has 8 active Palos Verdes homes for sale.  There are 8 single family homes ranging in price from $1,398,000 for a 4 bedroom/2 bath, 1,946 square foot home, to $2,400,000 for a 5 bedroom/5 bath, 4,013 square foot home.  There are no condos/townhomes in this area.

For background and history on Valmonte Listing Area 164, 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 of  Valmonte Trail courtesy of Arvin Design.

Enjoy Palos Verdes Library District’s April Free Movies!

Enjoy Palos Verdes Library District’s April Free Movies!

pvld

The Palos Verdes Library District has two great free movies that they will be showing in the month of April 2018.  Each month they offer a different selection of foreign movies – a “latest” releases  and classic cinema.  Most of the screenings will have some post film discussion which adds an opportunity to socialize with others in the community.  The PVLD’s Ciné-Monde, a film series featuring notable films from around the globe, will be screening THE SALESMAN at 5:30 p.m., on Thursday, April 12, 2018, in the Peninsula Center Library Community Room.  The film will be in its original Persian with English subtitles.  This event is free and open to the public.

The Multiplex film series (featuring notable, popular and recent American releases from Hollywood) occurs on the fourth Thursday of the month on April 26, 2018, at 3:00 p.m. and 6:00 p.m.  In April they will be presenting The Darkest Hour, which was a top choice for this years Oscars and won many awards (I have seen this movie and recommend it).  These movies are free and open to the public.  Following the film, there may be a brief discussion facilitated by the coordinator of the series.

All of the film screenings will take place at the Peninsula Center Library Community Room.  The Peninsula Center Library is located at 701 Silver Spur Road, Rolling Hills Estates.  For more information regarding any of the films, call 310-377-9584, ext 214 or contact Joshua at jpeck@pvld.org.

To read my prior article on the Palos Verdes Library District click here.

Photo courtesy of the Palos Verdes Library District

Palos Verdes Home Improvements Cost vs Value 2018

Palos Verdes Home Improvements Cost vs Value 2018

Photo courtesy of Arvin Design

Palos Verdes homes owners ask me what they can do to get the highest sales price for their home.  In addition to a realistic listing price, it is important to remove the clutter and stage your home along with possible home improvements.  Which home improvements and remodeling projects give the greatest return on investment?  For owners of Palos Verdes homes (and Los Angeles County) who choose upscale remodeling, the top three projects for 2018 are the same as last year but the returns are higher.  The remodeling project with the highest return on investment is Garage Door replacement at a 145.6% return followed by Window Replacement (wood) at a 96.1% return (vinyl at 95.3%), and Grand Entrance (fiberglass) at a 90.8% return according to Remodeling Magazine’s “Remodeling 2018 Cost vs Value Report” (www.costvsvalue.com) © 2018 Hanley Wood Media Inc.  As you can see, curb appeal is important to buyers who are getting the first impression of your home.  In the midrange category, Manufactured Stone Veneer received the number one return on investment at an outstanding 157.2%!

Of the top 8 upscale remodeling projects with the best return on investment for Los Angeles County, 4 are under $25,000 and include both vinyl & wood window replacement, garage door replacement, and grand entrance (fiberglass).  A Midrange Bathroom Remodel is $23,684 with a 90.8% return.  An upscale Master Suite Addition, which is the most expensive at $292,649, only nets a 63.6% return.

Owners of Palos Verdes real estate remodel for different reasons, like the need for more space, to improve the functionality of specific rooms and to update them.  Kitchen and bathrooms are usually the most expensive remodel as plumbing and/or appliances need to be moved and/or replaced.  There is no specific report for Palos Verdes homes but there is a Remodeling 2018 Cost vs Value Report (www.costvsvalue.com) for Los Angeles County which is broken down into Midrange priced projects and Upscale priced projects.  When you go to the site (www.costvsvalue.com), choose Pacific region and then Los Angeles.  You will be prompted to register before gaining access to the report.  The beginning of the Report has descriptions of individual projects (both mid-range and upscale) and you can then compare to your own.

Remodeling just for resale rarely nets you a dollar for dollar return.  Most remodels are done for the enjoyment of the homeowner (who still wants to maximize their return when they do sell).  My experience is that most buyers are looking for newer kitchens, bathrooms, master suites and nice yards.  Curb appeal is very important because it is the buyer’s first impression of the home.

To read my prior article on Cost vs Value 2017, click here.

Photo courtesy of Arvin Design

Malaga Cove 2018 Art Shows Are Coming Soon!

Malaga Cove 2018 Art Shows Are Coming Soon!

malaga cove plaza art shows

Palos Verdes homes owners know that spring has arrived when the Malaga Cove Art Shows are back for their new season 2018.  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 on Saturday & Sunday, April 14 & 15, 2018,  and will continue on May 19 & 20, June 23 & 24, July 21 & 22, August 18 & 19, and September 15 & 16, 2018.

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 76 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.