Palos Verdes Home Sales Peninsula Center Neighborhood 1st Half 2019

Palos Verdes Home Sales Peninsula Center Neighborhood 1st Half 2019

The Promenade at the Peninsula shopping center, Rolling Hills Estates, CA 90274

Palos Verdes homes sales in the Peninsula Center neighborhood for the first half of 2019 decreased to 9 single family homes sold in 2019 compared to 14 in 2018.  Price per square foot for Peninsula Center houses that sold in the first half of 2019 decreased to $587 from $618 in 2018, a 5.1% decrease.  Average sales price for Peninsula Center homes sold in the first half of 2019 decreased to $1,322,111 in 2019 compared to $1,354,500 in 2018.  The most expensive Palos Verdes home sale in Peninsula Center was $1,700,000 and the lowest priced Palos Verdes home sale in the Peninsula Center neighborhood was $1,089,000.

Currently, the Peninsula Center neighborhood has 8 Palos Verdes homes for sale.  There are 2 single family homes for sale ranging in price from $1,375,000 for a 4 bedroom/3 bath, 2,148 square foot home, to $1,449,000 for a 6 bedroom/3 bath, 2,711 square foot home.  There are 6 condo/townhomes for sale ranging from $579,000 for a 2 bedroom/2 bath, 930 square foot condo/townhome, to $829,995 a 2 bedroom/2 bath, 1,577 square foot condo/townhome.

For background and history on the Peninsula Center neighborhood Multiple Listing Area 175, please click here to read my original article on this neighborhood.

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

Photo above of the Promenade on the Peninsula located in this neighborhood

 

Terranea Resort’s Christmas Dining Extravaganza 2019!

Terranea Resort’s Christmas Dining Extravaganza 2019!

Palos Verdes homes owners are once again lucky to have Terranea Resort located in their backyard with their amazing holiday dining specials for all to enjoy.  Whether you are looking for a Christmas Eve dinner, Christmas Day brunch or Christmas Day dinner, you will find it here with wonderful views and inviting ambiance.

Christmas Eve dinner can be enjoyed at Catalina Kitchen (with live entertainment) and a holiday buffet which includes a carving station, local seafood, classic and non-classic steakhouse accompaniments, a raw bar, chef’s specials, salad bar, charcuterie, cheese, and deserts.  This Christmas Eve dinner on Tuesday, December 24, 2019, is from 6:00 p.m. to 9:00 p.m. at a cost of $95 adults/children 5 to 10 $35/ and children under the age of 4 are complimentary.  Dinner at Mar’sel will be a traditional three-course dinner menu of holiday classics – you can enjoy a choice of appetizers, entrees and desserts.  A limited a la carte menu will be offered as well.  They will be serving from 5:00 p.m. to 9:30 p.m. at a cost of $125 adults/children 5 to 10 are $60/ and children under 4 are complimentary.  Christmas Eve at Bashi will include Asian inspired specials such as Sonoma County Peking Duck w/Chinese steamed buns, Colorado lamb chop, salt & pepper whole lobster, and surf & turf sushi roll.  These specials will be served on Tuesday, December 24, 2019, from 12:00 noon to 9:00 p.m.

On Christmas Day, the brunch buffet at Catalina Kitchen is a perfect time to relax after unwrapping gifts.  Bring the family and enjoy holiday buffet favorites, a carving station, local seafood, waffles & pancakes, fresh fruit, chef’s specials, crepe station, and omelets made to order.  This special buffet takes place on Wednesday, December 25, 2019, from 9:00 a.m. to 3:00 p.m. at the cost of $99 adults/children 5 to 10 $45/ and children under the age of 4 are complimentary.

Christmas Day dinner at Mar’sel’s will be the traditional five course dinner menu of holiday classics where you will enjoy a choice of appetizers, entrees and, deserts.  The menu features Mar’sel classics including duck confit, Brussel Sprout Salad, and their signature lobster burrata in addition to a few holiday surprises.  They will be serving from 5:00 p.m. to 9:00 p.m. at a cost of $155 adults/children 5 to 10 are $45/and children under 4 are complimentary.  Catalina Kitchen will be serving their dinner buffet which includes holiday favorites, a carving station, local seafood, raw bar, chef’s specials, salad bar, charcuterie, cheese, and desserts.  They will also be offering holiday themed cocktails.  This special dinner takes place on Wednesday, December 25, 2019, from 6:00 p.m. to 10:00 p.m., at a cost of $99 adults/children 5 to 10 are $47/and children under 4 are complimentary.  Nelson’s will be serving their special smoked wild mushroom bruschetta, California paella, smoked prime rib and rosemary garlic porchetta from 11:00 a.m to 9:00 p.m.

To read my prior article on Terranea Resort click here.

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

Photo courtesy of Terranea Resort

 

 

Palos Verdes Real Estate Sales November 2019 For Palos Verdes Homes

Palos Verdes Real Estate Sales November 2019 For Palos Verdes Homes

Palos Verdes Real Estate chart November 2019 showing active, pending and sold Palos Verdes homes 90274 and 90275

Palos Verdes real estate sales November 2019 for Palos Verdes homes increased compared to October.  61 Palos Verdes houses sold in November compared to the 50 homes sold in October and increased compared to the 36 homes that sold in November 2018.  There were 60 Palos Verdes single family homes pending in November which decreased from the 66 homes pending in October.  The number of active Palos Verdes homes for sale in November (179) decreased from the 201 homes for sale in October.

Average sales price for Palos Verdes homes sold in November decreased to $1,647,000 compared to $1,663,000 in October, and decreased from the $1,778,000 in November 2018.  Price per square foot for Palos Verdes houses that sold/closed escrow in November decreased to $616 from October ($657).  Average days on market in November decreased to 46 days from 68 days in October.  Months of inventory (months it would take to sell existing inventory at the current rate of sale) decreased to 2.9 months in November for Palos Verdes homes for sale compared to 4 months in October. A “normal” market is considered 6 months of inventory and Palos Verdes real estate “months of inventory” is lower indicating the continuing demand for Palos Verdes homes.  Entire charts can be accessed by clicking here or on the “Statistics” tab above.

Currently, there are 170 single family Palos Verdes homes for sale.  83 Palos Verdes houses are in escrow (49 homes have pending sales and 34 homes are active under contract).  Additionally, 14 homes have sold/closed escrow in the first 9 days of December.

To read October’s report on Palos Verdes Real Estate sales, click here.

Chart courtesy of Trendgraphix, Inc.

Terranea Resort Celebrates Hanukkah 2019!

Terranea Resort Celebrates Hanukkah 2019

hanukkhan candles

Terranea Resort adds a bit of luxury to this holiday season with its many Holiday Traditions for Palos Verdes homes owners.  You can sit and relax while gazing at the beautiful ocean views and enjoy some of the special holiday meals that are being offered this season.  In celebration of Hanukkah, there is a special time each evening at nightfall for the lighting of the Menorah in the lobby living room.

Terranea Resort will be serving a Hanukkah Dinner at the Catalina Kitchen from Sunday, December 22, 2019, through Monday, December 30, 2019, from 5:00 p.m. to 10:00 p.m.  The restaurant will offer unique specials each day throughout the holiday.

Hanukkah dining will be happening at Sea Beans where you can visit for a Hanukkah menu featuring challah French toast with apple brandy compote and toasted almonds, and egg drop matzo ball soup.  They will also be serving Hanukkah sweet treats at Sea Beans all week long.  They will be serving these special menus from Sunday, December 22, 2019, though Monday, December 30, 2019, from 11:00 a.m. to 9:00 p.m.

Reservations for Catalina Kitchen are recommended and can be made by going online at www.terranea.com or calling (310) 265-2836.

To read my last article on Terranea Resort click here.

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

Photo courtesy of  Terranea Resort

Palos Verdes Residents Can Build Their Own Gingerbread House!

Palos Verdes Residents Can Build Their Own Gingerbread House!

Palos Verdes homes owners can get into the spirit of the season and enjoy making their own holiday decorations.  For years, families have enjoyed having the sweet smell of Christmas inside their homes with their very own gingerbread houses.  Whether looking for one to enjoy inside your home, or perhaps making an outdoor house where no baking is needed, you have several opportunities to create your own.

Terranea Resort will be offering their gingerbread house decorating on December 7, 14, and 21, 2019, from 11:00 a.m. and 1:00 p.m., or on December 8, 2019, at 3:30 p.m., where you can decorate your own edible gingerbread house with frosting, candies and other materials.  This is a fun holiday activity for all ages of your family to enjoy.  Advanced reservations required, and the cost will be $65 per house.  They recommended using one house for up to 4 people.  Please call (310) 265-2861 for more information and to reserve your spot.

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

The South Coast Botanic Garden will be offering their own gingerbread house collection with a twist, no baking or sugar needed, on Sunday, December 8, and Saturday, December 14, 2019, from 11:00 a.m. to 12:30 p.m.  Their houses are made with natural elements from the Garden affixed to paper mache houses.  You will be taking a brisk walk in the Garden with docents to learn about and collect winter “treats” to decorate your houses.  Then you will go back and make your masterpieces to take home to enjoy.  The fee includes all supplies, set of two to three small houses approximately 3″ tall and a docent led tour.  This event is recommended for all ages.  Supplies will be provided, and all children must be accompanied by a registered adult. General pricing is $29. To register call (310) 544-1948.

The South Coast Botanic Garden is located at 26300 Crenshaw Boulevard, Palos Verdes Peninsula.

The City of Rancho Palos Verdes will be offering their Gingerbread House event at Hesse Park on Sunday, December 15, 2019, from 11:00 a.m. to 12:30 p.m., or 12:30 p.m. to 2:00 p.m.  You can make your house come alive with colorful candies, gum drops, peppermints, sprinkles, cookies, and more. The workshop includes a fresh gingerbread house from Mayer’s Bakery, decorating materials, light snacks and a delicious holiday beverage.  This event is designed for parents and children to attend together.  No drop offs allowed.  Registration covers one gingerbread house.  The cost for this event is $45.  For more information, or to register click here.

Hesse Park is located at 29301 Hawthorne Boulevard, Rancho Palos Verdes.

Photo courtesy of South Coast Botanic Garden

Palos Verdes Home Sales Crest Neighborhood 1st Half 2019

Palos Verdes Home Sales Crest Neighborhood 1st Half 2019

Palos Verdes homes sales in the Crest neighborhood for the first half of 2019 decreased to 15 single family homes sold in 2019 compared to 19 in 2018.  Price per square foot for Crest houses that sold in the first half of 2019 decreased to $523 from $532 in 2018, 1.7% decrease.  Average sales price for Crest homes sold in the first half of 2019 decreased to $1,111,867 in 2019 compared to $1,240,063 in 2018.  The most expensive Palos Verdes home sale in Crest was $2,600,000 and the lowest priced Palos Verdes home sale in the Crest neighborhood was $585,000.

Currently, the Crest neighborhood has 14 Palos Verdes homes for sale.  There are 6 single family homes for sale ranging in price from $1,299,000 for a 4 bedroom/3 bath, 2,374 square foot home, to $1,595,000 for a 5 bedroom/3 bath, 2,468 square foot home.  There are 5 condo/townhomes for sale ranging from $629,999 for a 2 bedroom/2 bath, 1,249 square foot condo/townhome, to $1,900,000 for a 2 bedroom/3 bath, 2,332 square foot condo/townhome.

For background and history on the Crest neighborhood Multiple Listing Area 174, please click here to read my original article on this neighborhood.

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

Photo of Palos Verdes Performing Arts (formerly Norris Theater) courtesy of PVPA

Palos Verdes Enjoys Breakfast With Santa 2019

Palos Verdes Enjoys Breakfast With Santa 2019

Palos Verdes homes owners know that their children look forward to Santa visits here on the Peninsula.  A great way to get the fun started is with a local Palos Verdes Breakfast with Santa.  Beginning this Saturday, there are several opportunities for you and your children to enjoy this photo opportunity, and make sure they start the day off with a good breakfast.  Below are several different locations:

On Saturday, December 7, 2019, you can visit Santa and enjoy Breakfast with Santa and other great activities from 8:30 a.m. to 10:30 a.m., or 11:30 a.m. to 1:30 p.m., at Hesse Park.  The cost is $20 per person, and you must be pre-registered to participate.  For more information  click here.

Hesse Park is located at 29301 Hawthorne Blvd, Rancho Palos Verdes.

On Saturday, December 14, 2019, Santa will be at Good Stuff Restaurant from 8:30 a.m. to 11:00 a.m. for their Breakfast with Santa.  At the restaurant you will be able to meet Santa, take photos and get involved with some festive holiday activities.  Adults are $15, children 6 ro 12 are $5, and children under 5 are free with each paid adult.  For reservation to this sell-out event, call Good Stuff at (310) 544-8800.

Good Stuff is located at 550 Deep Valley Drive #151, Rolling Hills Estates.

Terranea Resort will be having Breakfast with Santa on Sunday, December 15, 2019, with a magical breakfast and photo opportunities in Terranea Resort’s Grand Ballroom.  You will enjoy bakery and waffle stations, beverage and hot food stations, as well as an egg kitchen, kids buffet, and festive crafts.  Seatings are at 9:00, 9:30 & 10:00 a.m.; cost is adults/$65, children 2 to 10/$32 (under 2 free).  For more information, please call reservations at (310)265-2836.

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

To read my prior article on Breakfast With Santa click here.

Photo courtesy of Arvin Design

Favorite Palos Verdes Homes – December 3, 2019

Favorite Palos Verdes Homes –December 3, 2019 

My favorite Palos Verdes Homes on the December 3, 2019, Palos Verdes real estate Broker’s Tour (14 homes had open houses today) are described below.  We currently have 174 single family Palos Verdes homes for sale ranging in price from $1,100,000 in Rancho Palos Verdes (The low in Eastview is $755,000) to $27,500,000 in the city of Palos Verdes Estates.  There are 36 Palos Verdes condos/townhomes for sale priced between $299,500 and $2,295,000.  My favorite Palos Verdes homes today:

   

Darin DeRenzis & Kitty Edler’s (Vista Sotheby’s Realty) 23 Sorrel Lane, Rolling Hills Estates, 90274 (above left) is a 4 bedroom, 6 bath, 4,136 square foot home for $2,395,000.  This beautiful Dapplegray Lanes ranch style home features large chef’s kitchen, theater & billiards room, outside kitchen, 4 stall barn and pool.  Stephen Haw’s (Keller Williams Palos Verdes) 1032 Via Ventana, Palos Verdes Estates, 90274 (above right) is a 3 bedroom, 3 bath, 2,150 square foot home for $1,800,000.  This mid century Lunada Bay home features panoramic ocean/Catalina views, cathedral beamed ceilings & skylights, open view kitchen, family room and pool.

   

Cari Corbalis & Brittney Austin’s (Vista Sotheby’s Realty) 29362 Whitley Collins Drive, Rancho Palos Verdes, 90275 (above left) is a 5 bedroom, 3 bath, 2,468 square foot home for $1,474,800.  This spacious Ridgecrest neighborhood spacious home features wide plank wood floors, chef’s kitchen, customized luxurious laundry w/office space, master retreat, and outdoor kitchen. Greg Geilman and Rob Freedman’s (RE/MAX Estate Properties) 4903 Browndeer Lane, Rancho Palos Verdes, 90275 (above right) is a 4 bedroom, 3 bath, 2,148 square foot home for $1,375,000.  This gorgeous Peninsula Center home features spectacular city/downtown/mountain views, kitchen w/breakfast counter, cozy living room and great relaxing deck.

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

Photos courtesy of CRMLS

Palos Verdes Enjoys Victorian Christmas With Tea & Carols!

Palos Verdes Enjoys Victorian Christmas With Tea & Carols!

Palos Verdes homes owners have more holiday opportunities to enjoy here on the Peninsula.  Starting this Friday, December 6, through Sunday, December 22, 2019, the Mary & Joseph Retreat Center will be having their 13th Annual Nativity Exhibit.  On display will be 100 creche sets from around the world.  This Friday, December 6, 2019, is opening night and the exhibit will be held from 5:00 p.m. to 9:00 p.m.  Afterwards on Monday, Friday & Saturday it will be open from 9:00 a.m.to 9:00 p.m.  On Tuesday, Wednesday, Thursday & Sunday it will be open from 9:00 a.m. to 5:00 p.m. daily through December 22, 2019.  Docent tours are also available.  Admission to this exhibit is free.

On Sunday, December 8, 2019, the Victorian Christmas Tea & Carols will starting at 3:00 p.m. with a Christmas Tea, and at 4:00 p.m. the Victorian Carolers will be singing holiday favorites a cappella in beautiful period costumes to bring us back to a bygone era of pomp and splendor.  This will surely get you into the holiday spirit with singing and delicious refreshments.

The cost for the tea & concert is $25/adults, $15 for children 4-12, and children under 4 are free.  To register call Marlene at (310) 377-4867 x 234, or to register online go to www.maryjoseph.org.

The Mary & Joseph Retreat Center is located at 5300 Crest Road, Rancho Palos Verdes.

Photo courtesy of the Mary & Joseph Retreat Center

 

Palos Verdes Home Owners Enjoy Local Area Holiday Fun 2019!

Palos Verdes Home Owners Enjoy Local Area Holiday Fun 2019!

 

Palos Verdes homes owners have many holiday activities near the Peninsula during the holiday season. Here are two more for families to enjoy:

A great family activity during the holiday season is viewing the lights in Sleepy Hollow (a.k.a. Candy Cane Lane)Tucked away in a South Torrance neighborhood is one of the most spectacular displays of Christmas lights in the South Bay (and possibly in the country) which can be viewed beginning December 1, 2019, through January 2, 2020.  You can walk or drive through Candy Cane Lane and get in the holiday spirit.  Sleepy Hollow Christmas Lights is located on Roberts Road off Pacific Coast Highway from 6:00 p.m. to 10:00 p.m. every night until New Year’s Eve.  Walking through the area is a much more relaxed, up-close view of the displays without all the traffic.  You can skip the traffic by parking on Pacific Coast Highway, Calle Mayor or Prospect, and walk to Roberts Road, just west of Calle Mayor.  Some of the houses will be selling hot chocolate, coffee, or churros as you walk through the neighborhood.  It is recommended to go early in the month, since the crowds are large between Christmas and New Years.

On Saturday, December 14, 2019, the local 28th annual Holiday Boat Parade will take place in Redondo Beach at King Harbor.  Paddle craft boaters will be kicking off the parade at 4:00 p.m. with their decorated and lighted boards and they will be followed by power and sail boats which will be all decked out.  Each year there is a theme for the parade and this year’s theme is “Surfing the Yule Tide.”  The parade’s Grand Marshall will be Gary Crum who will be leading the parade in the Grand Marshall boat.  For more information on the boat parade, trophy categories, and tickets click here.

To read my last article on Local Area Holiday Fun click here.

Photo courtesy of King Harbor Boating Foundation