Valmonte Neighborhood Update

The Valmonte neighborhood is in Palos Verdes Estates and is located at the northwest corner of the Palos Verdes Peninsula and borders the Hollywood Riviera section of Torrance.  Valmonte is approximately 1/2 mile.  This neighbhorhood is known for its eucalyptus groves and its “family neighborhood” feel.   The topography is relatively flat which is greatfor walking, riding bikes, playing ball, etc.  It is a very friendly area with lots of people taking walks and stopping to chat.

The Palos Verdes Estates “gatehouse” or tower is located in this area as well as the Palos Verdes Estates Stables.  The first house was built in Valmonte over 70 years ago.  Houses were custom built in many different styles such as Ranch, Spanish, Contemporary, Tuscan, Craftsman, etc.  Today the area is a blend of older homes and larger newer homes that have replaced some of the older ones.

Currently, there are 14 homes for sale in the Valmonte area of Palos Verdes Estates ranging in price from $840,000 (3 br, 2 ba, 1553 sq ft) to $2,075,000 (4 br, 4 ba, 3750 sq ft).  There are 4 homes in escrow.  23 homes have sold in Valmonte since the first of the year ranging in price from $820,000 (2 br, 1 ba, 1008 sq ft) to $2,100,000 (4 br, 3 ba, 3671 sq ft).

This is a very popular area as the weather is temperate; its been described as a “banana belt” with not too much fog, wind or heat.  Valmonte is on the north side of the Palos Verdes Peninsula and is closer to beaches, freeways and shopping.  As with all neighborhoods in Palos Verdes Estates, Valmonte does not have any sidewalks, street lights or traffic signals.

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