Palos Verdes homes sales in the Lunada Bay/Margate neighborhood for the first half of 2025 decreased to 24 single family homes sold compared to 27 homes sold in 2024. Price per square foot for Lunada Bay/Margate houses that sold in the first half of 2025 increased to $1,090 from $1,022 in 2024 a 6.7% increase. Average sales price for Lunada Bay/Margate homes sold in the first half of 2025 decreased to $3,349,042 in 2025 compared to $3,480,335 in 2024. The most expensive Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $6,800,000 and the lowest priced Palos Verdes home sale in the Lunada Bay/Margate neighborhood was $1,815,000.
Currently, the Lunada Bay/Margate neighborhood has 25 Palos Verdes homes for sale. There are 22 single family homes for sale ranging in price from $2,000,000 for a 3 bedroom/2 bath, 2,037 square foot home, to $29,750,000 for a 7 bedroom/11 bath, 12,472 square foot home. There are 3 condo/townhomes for sale ranging in price from $995,000 for a 3 bedroom/2 bath, 1,840 square foot condo to $1,100,000 for a 3 bedroom/2 bath, 1,619 square foot condo/townhome.
For background and history on the Lunada Bay/Margate Neighborhood Multiple Listing Area 160, please click here to read my original article on this neighborhood.
To view current Palos Verdes home sales for the Lunada Bay/Margate neighborhood and real estate statistics for the entire Peninsula, please click here or on the “Statistics” tab above.
Photo of ocean/coastline views from Lunada Bay neighborhood courtesy of Arvin Design