Lunada Bay Neighborhood Update

 

The Palos Verdes neighborhood of Lunada Bay is located on the west side of Palos Verdes Estates.  Lunada Bay is .7 square miles and has approximately 2,800 residents.  This area is also home to 3 schools – Lunada Bay Elementary, Palos Verdes Intermediate, and Palos Verdes High School.  You can see why this is a favorite area for families as their children will probably be able to walk to at least one of those schools during their school career.  My favorite things about Lunada Bay are the ocean views and the coastline bluff trails for walking.

Lunada Bay in Palos Verdes has its own shopping area (Palos Verdes Drive West and Yarmouth) with a market, restaurants, gas station, banks and other shops.  Lunada Bay also has its landmark fountain (photo above).  Some Lower Lunada Bay homes (on the ocean side of Palos Drive West) have ocean views; this area is fairly flat which is perfect for biking and walking.  Upper Lunada Bay homes are located higher on the hill and many have panoramic ocean views.

Most of Lunada Bay is single family homes (87%) but there are also apartments and townhomes.  Currently, there are 27 single family homes for sale in Lunada Bay Palos Verdes ranging in price from $1,080,000 (3 br, 2 ba, 1943 sq ft) to $4,495,000 (5 br, 5 ba, 5490 sq ft).  There are 8 homes in escrow.  41 homes have sold in Lunada Bay since the first of the year ranging in price from $875,000 (4 br, 3 ba, 1614 sq ft) to $5,000,000 for a stunning bluff home (4 br, 4 ba, 3568 sq ft).  Currently, there are 2 condos for sale in Lunada Bay – one for $399,900 (1 br, 1 ba, 671 sq ft) and one for $725,000 (3 br, 2 ba, 1609 sq ft).

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