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(fr) FrançaisProperties for Sale in Palos Verdes Estates, California, United States
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12632 sqft
Real estate in Palos Verdes Estates
California's golden coast has a certain allure for property buyers and investors from across the globe. If you're seeking your dream home or are interested in purchasing a stunning residence, Palos Verdes Estates should be a top contender on your list. This charming city, residing in Los Angeles County with breathtaking marine vistas and traditional Spanish style houses, has frequently been referred to as "Garden City" or "Sea-view Village" due to its enchanting landscape and architecture. Before picking up the phone to contact a local real estate broker, take some time to learn about the local market conditions, what properties are available in Palos Verdes Estates, and understand the financial implications of owning a vacation home in such an exquisite location. This area boasts a diverse range of properties, from elegant oceanfront villas to charming hillside cottages, making it a prime spot for those looking for a touch of luxury in their real estate investments.
Palos Verdes Estates properties: Market trends overview
The real estate market in Palos Verdes Estates, California has witnessed consistent growth in property prices, drawing considerable interest from domestic as well as global investors. The majority of these investors herald from countries like Canada, the UK, China, and Australia. Palos Verdes Estates’ prime coastal location seamlessly integrates a tranquil, relaxed lifestyle with an exciting and engaging vacation experience due to its various recreational facilities, golf clubs, and its proximity to the bustling city of Los Angeles. Palos Verdes Estates showcases an impressive coastal vista, a rich historical background, and a superior standard of living. Over recent years, the authorities of Palos Verdes Estates have put additional resources into the city's development, generating a wide range of property options for local and foreign homebuyers. This includes contemporary and efficient townhouses, condominiums, modern-style villas, traditional ranch-style homes, and luxury penthouses. Locating property and condos for sale in Palos Verdes Estates that cater to all budgets and lifestyle preferences is a straightforward process, making this verdant city exceedingly amenable to foreign buyers. The city's unique blend of coastal beauty, cultural richness, and real estate variety continually attracts a growing number of international investors.
Average price of a property for sale in Palos Verdes Estates
What might you budget for when considering Palos Verdes Estates properties? The exact amount is not firmly established due to a myriad of factors that affect the price, such as property design, proximity to key city landmarks and coastal areas, available amenities, and individual demands (upscale features, magnitude, ease of access, etc.). Present data reveals that the pinnacle asking price for a property for sale in Palos Verdes Estates was approximately $1,800 per square foot. The priciest properties are primarily located in the Malaga Cove-Lunada Bay area. On the other hand, less expensive choices, with an approximate average price per square foot of $1,278, are located in the Valmonte-Monte Malaga area. Presently, the median listed price for a home stands approximately at $2,750,000.
Types of properties can you find in Palos Verdes Estates
In Palos Verdes Estates, California, the real estate market is characterized by a variety of property types. You can find everything from sprawling single-family homes, opulent mansions with ocean views, to townhouses featuring classic Californian architecture. A prime property in Palos Verdes Estates might be situated in a secure residential enclave, boasting 3-5 bedrooms, expanses of outdoor space, and separate levels each having their own entrance. These levels ordinarily feature spacious terraces and individual kitchens. There are also newly built villies, nestled within the gorgeous landscape of Palos Verdes Estates, offering breathtaking views of the Pacific Ocean, conveniently located within a short distance from the beach, and providing an idyllic living environment. Whether you're drawn to the grandeur of a mansion or the intimate setting of a townhouse, Palos Verdes Estates offers a spectrum of properties to match your exclusive taste.