Palos Verdes Market Update – November 11th - November 17th

What happened on the Peninsula last week? 

November 11th – November 17th

The Palos Verdes Peninsula real estate market held steady last week, with balanced activity across new listings, pending escrows, and closed sales. From entry-level condos to beautifully appointed luxury homes, buyers continued to engage across a wide range of price points. Activity remained consistent, with notable movement in both Rancho Palos Verdes and Rolling Hills Estates, and standout properties drawing strong attention in Palos Verdes Estates. Here’s a closer look at what happened on the Peninsula last week.

High Sale

128 Rocky Point, Palos Verdes Estates | $3,800,000
Recently sold in the highly coveted Rocky Point Estates enclave, this single-level coastal residence sits just steps from the ocean and offers privacy, thoughtful design, and relaxed living. The home reflects meticulous craftsmanship and timeless style are evident throughout.
 
High ceilings, glass doors, and a flowing open layout create effortless indoor-outdoor living, opening to large patios and a flat lawn with room for a pool. The formal living and dining rooms connect to a beautifully designed chef’s kitchen, while two wood-burning fireplaces and hardwood floors add warmth and character. Each of the four bedrooms features its own ensuite bathroom.
 
Additional amenities include a new roof, two tankless water heaters, ceiling fans throughout, and a greenhouse.
 
Set in the heart of Palos Verdes Estates, residents enjoy natural surroundings, ocean bluffs, top-rated schools within walking distance, and the opportunity for membership at the Palos Verdes Beach and Athletic Club and the Palos Verdes Golf and Tennis Club. With close proximity to Lunada Bay Plaza, this property captures the relaxed luxury lifestyle that defines the Peninsula.
 

Low Sale

 
28022 Ridgecove North, Rancho Palos Verdes | $925,000 
This end-unit townhome in the gated Ridgegate community offered an exceptional opportunity in the tranquil hills of Rancho Palos Verdes and sold quickly for 5.7% over asking. The home features a bright, functional layout with four bedrooms (including a versatile downstairs room ideal for an office or den) and three bathrooms. Fresh interior paint, a welcoming living room with fireplace, and a dining area that opens to a private patio create comfortable everyday living. The kitchen includes white cabinetry, recessed lighting, tile floors, and plenty of storage space.
 
The spacious primary suite offers a walk-in closet and an updated bathroom with custom tile. Additional highlights include dual-pane windows, ceiling fans, central air and heat, and a two-car garage with direct access. 
 
Ridgegate residents enjoy 24-hour guard-gated security, multiple pools, tennis and pickleball courts, and beautifully landscaped ground. Plus, Ridgegate is conveniently located near award-winning schools, trails, shopping, dining, and Terranea Resort. 
 



 

House of the Week

2552 Via La Selva, Palos Verdes Estates | Offered at $3,400,000

 

Quintessential Cape Cod in the heart of Valmonte's beloved Grove! Situated on a generous corner lot with a large, grassy front yard, this timeless home blends classic East Coast character with modern livability. Sunlight pours through oversized picture windows, highlighting rich hardwood floors and an inviting, traditional layout.

The expansive living room features a handsome stone fireplace and flows naturally to the formal dining room with elegant wainscoting. The stunning chef's kitchen showcases custom cabinetry, marble countertops and stainless appliances, and opens directly to the warm, comfortable family room with a charming brick fireplace. A built-in breakfast booth is perfectly positioned for casual meals and morning coffee. French doors lead to a large brick deck and a spacious backyard complete with an outdoor fireplace. The bonus room off the backyard is currently used as a gym.

Upstairs, a traditional staircase leads to four generous bedrooms and three full bathrooms. The luxurious primary suite offers a vaulted ceiling, its own fireplace, and a serene sitting room; your perfect retreat.

Just minutes from Palos Verdes Golf Club, Malaga Cove Plaza, and the beach, this classic Valmonte home offers the best of coastal living in one of the Peninsula's most sought-after neighborhoods.
 
 

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Chris Adlam is the premier luxury real estate agent in the Los Angeles Southbay. With vast experience from Palos Verdes to Manhattan Beach, Chris is committed to the highest standards of service, knowledge and integrity.

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