Sunday, May 28, 2017

Palos Verdes Horse Property For Sale May 2017


There are currently 30 horse properties for sale on the Palos Verdes Peninsula. As horse property specialists know, the majority of equestrian properties are located in Rolling Hills and Rolling Hills Estates.  Here's the current location breakdown by the city:
Rolling Hills:  21
Rolling Hills Estates:  7
Rancho Palos Verdes:  3
These thirty properties are zoned for horses, but that does not necessarily mean they are suitable for horses. Both improved and unimproved properties are included.




Prices range from a low of $849,000 for a fixer on 3/4 acre in the Portuguese Bend area of Rancho Palos Verdes, up to $48,0000 for a Rolling Hills property.



My favorite horse property currently for sale is 10 Johns Canyon Road in Rolling Hills listed for $5,700,000. It has one of the best barns/stables in Rolling Hills, an exercise ring as well as a beautiful residence, guest house, and pool situated on 2.8 acres of nearly flat land. The property exemplifies the equestrian lifestyle on the Palos Verdes Peninsula. The price was recently reduced $800,000 making the opportunity to own this one of a kind property a wise decision for some lucky horse lover.


For more information about buying or selling horse property on the Palos Verdes Peninsula contact Norma at 310.493.8333 or Norma@charlemagneproperties.com

Sunday, April 9, 2017

Palos Verdes Real Estate Market Update April 2017




On the first day of April 2017, there were 166 single family homes for sale on the Palos Verdes Peninsula. This is a slight uptick in the number of homes for sale. Perhaps the increase in inventory can be attributed to the arrival of spring. However, I have noted high-end Palos Verdes homes are staying on the market a bit longer than in previous months. In the luxury market, there is currently a six-month supply of homes for sale based on the present rate of absorption.


April 2017 Palos Verdes Luxury Market Slider:


The market for homes priced under $3MM in Palos Verdes remains strong. There are currently 92 homes in escrow with accepted offers (including 10 residences in the luxury price range), and year-to-date 130 Palos Verdes single family homes have sold. Based on these statistics there is slightly less than a two-month supply of Palos Verdes single family homes for sale. These numbers translate to still-strong sellers' real estate market on the Palos Verdes Peninsula.


April 2017 Palos Verdes Single Family Home Market Slider:


For more information about selling or buying a Palos Verdes home contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com


Friday, March 24, 2017


One of my favorite horse properties on the Palos Verdes Peninsula is on the market. 10 Johns Canyon is located in Rolling Hills with an asking price of $6,500,000. The gracious home is updated, the grounds are manicured and quite lovely, the guest house is charming, but the barn is what horse lovers will appreciate.  Although it has been modified to include a recreational room, there are still stalls for horses and a riding ring nearby.


The 2.8-acre lot is flat and beautifully landscaped with ample outdoor living areas. If you're in the market to purchase a premium horse property in Palos Verdes, this could be where your search ends.


Contact Norma Toering to arrange a private showing of this outstanding equestrian estate in Rolling Hills, CA.

Wednesday, December 21, 2016

Rolling Hills CA Property Values and the Magic of Time

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What buyer, of any product, does not want to make a smart and savvy purchase?  Whether you're purchasing lipstick online because the same brand costs less on Amazon than it does at CVS (as I did this week), or you are making a multi-million dollar property purchase in Rolling Hills, there are few things higher on the satisfaction scale than knowing you made a savvy purchase.  But how do you know at the time it is the right thing to do?

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The art of the real estate deal, in Donald Trump speak, is a cauldron mix of part science (sale statistics), part art (comparing apples and oranges takes a certain amount of finesse and market knowledge) and a dose of gamble (future value predictions are a mix of research and hoping current economic conditions don't waver excessively). Plus, let's not forget the unpredictability of Mother Nature.

When a buyer wants to ensure a decision to purchase is based on a solid foundation a review of historical sales is a good starting point.  An agent can quote percentage increases or decreases as was the case during the recession years, but the power of seeing it in black and white will add unquestionable weight to support the words.


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Just for the fun of it let's look at time's effect on a few Rolling Hills property sales for 2014-2016:
2003 Sale price:  $3,220,000                    2014 Sale price:  $4,500,000
2002 Sale price:  $1,550,000                    2014 Sale price:  $2,438,500
1996 Sale price:  $1,269,000                     2014 Sale price:  $5,000,000
1989 Sale price:  $1,575,000                     2014 Sale price:  $6,650,000
1987 Sale price:  $1,925,000                     2015 Sale price:  $4,000,000
2004 Sale price:  $1,755,000                    2015 Sale price:  $4,500,000
2000 Sale price:  $2,179,000                    2015 Sale price:  $4,450,000
2010 Sale price:  $1,700,000                    2016 Sale price:  $5,200,000
2000 Sale price:  $3,747,500                    2016 Sale price:  $7,300,000


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A quick glance reveals a buy and hold strategy is a wise one when it comes to Rolling Hills properties. These sale numbers do not consider any improvements made to the property.
Although a Rolling Hills property's primary purpose may be to provide shelter, over time it can provide not only an enviable lifestyle for family living but a solid return on investment as well.

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Norma (310) 493-8333.  For more information about Rolling Hills properties, or to arrange your private showings call me or email Norma@CharlemagneProperties.com

Tuesday, November 8, 2016

Palos Verdes Horse Property Update--November 2016


There are currently 20 properties represented as “Horse Property” for sale on the Palos Verdes Peninsula.  However, only a half dozen or so are suitable for horses. A few have no space for horse facilities due to other improvements on the lot such as tennis courts, guest house or sports court. A few have “unfriendly” topography, others have no convenient access to riding trails, etc.
Palos Verdes Horse Property For Sale:
Here’s the breakdown by city by city:
Rolling Hills:  16 Properties are listed as horse properties.
Rolling Hills Estates:  Three equestrian properties are currently for sale.
Rancho Palos Verdes: One residence is listed as horse property.
Although many properties are still zoned for horses, the current use of the land does not include horse facilities.


Selling or Buying Palos Verdes Horse Property?  Call Norma at 310.493.8333 for more information on horse properties in Palos Verdes.

Monday, November 7, 2016

Palos Verdes Housing Market Report for November 2016

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Oops, it happened again.  The number of available Palos Verdes single-family homes for sale dropped below 200. The shrinking supply pushed the market toward an even stronger sellers' market. Similar market trends apply to the Beach Cities real estate market as well.  Low inventory has become our new normal. At the current rate of absorption, Palos Verdes has less than two months of available inventory and the Beach Cities has just over six weeks, yes weeks, unless new listings are added.




Palos Verdes Real Estate Market Report for Single-Family Homes:
187 Palos Verdes single family homes are for sale.
102 Single-family properties are under contract with accepted offers.
584 Palos Verdes single-family residences closed escrow YTD.


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Find out the value of your house - Charlemagne Intl Properties 310-493-8333

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Monday, October 3, 2016

Where in Palos Verdes Can I Board My Horse?

View of stables in Rolling Hills Estates in Palos Verdes
Norma Toering out showing horse property in Palos Verdes.

Where can I board my horse in Palos Verdes?  I’m frequently asked this question and the answer is there are many places and it depends on what you want and where you want it.  One of the most popular choices for horse owners who do not own their own horse facility is to rent a stall.  Horse property homeowners often rent available stalls if they are not using them.  Privileges vary and the agreement should be in writing.  Homeowners often advertise boarding opportunities on local neighborhood bulletin boards, feed stores and wherever horse lovers gather.
If you elect not to board your horse at a private property there are several stables on the Palos Verdes Peninsula with varying services, amenities, and cost.   A map is included to show some locations of the available facilities.  With a little research,you will be able to find a home for your horse in Palos Verdes where both of you will be happy and ready to hit the miles and miles of riding trails lacing the hills and canyons of Palos Verdes.
– Norma (310) 493-8333