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

img_0679



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?

 img_0729


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.


img_2504


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


img_0720


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.

dec-luxury-slider
dec-gemeral-slider


best-half-body-shot-2016


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

160-courtyard-of-luxury-home

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.


nov-general-slider
nov-luxury-slider




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

best-half-body-shot-2016

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

Tuesday, September 27, 2016

News About Your Palos Verdes Town

unnamed-1


The City Managers of the four Palos Verdes Peninsula cities each took a turn at the microphone to update local real estate professionals about changes and improvements happening in their town.


Here are few worthy mentions from my notes:


img_0679


Rolling Hills:  Building permits are on the rise. Each new home must set aside a minimum of 1,000
Each new home must set aside a minimum of 1,000 sq. ft. for a stable. If you add one
If you add one square inch to the residence must put utilities underground (to the street, I believe).
Approximately 95% of Rolling Hills homes are on septic systems.
More patrols added to reduce burglaries and adding three cameras.  The entire PVP will have 25 security cameras installed at various points throughout Palos Verdes.
There is a View/Trees ordinance.  Check with City.

equestrian-horse-bridle-trail-sign-2


Rolling Hills Estates:  The City continues to offer a site check during the escrow period and will check for violations such as unpermitted living space or structures, etc.
Coyotes are an issue.
The Brickwalk landside area is not suitable for future building.
Several new condo developments and senior care facilities are being built, and more are under consideration.  The new homes at the Rolling Hills Country Club is the largest development currently underway in RHE with 114 new homes to be constructed beginning late 2016.
The reservoir at PVDN and PVDE is being refurbished/improved and will be filled upon completion.
img_0276


Palos Verdes Estates:  The City is creating a parks fund.
Upgrades are planned for Lunada Bay and Malaga Cove Plazas.
The fire department is paid for by parcel tax on homeowners.
20 new cell phone sites planned for better phone service
Real estate signs must be ten feet from the curb or will be removed.


600x640x IMG_3708


Rancho Palos Verdes:
The new security cameras have resulted in four arrests.
More cameras planned for Western Avenue area.
RPV has two new deputies serving the area.
Hawthorne Blvd. beautification ongoing.
Check out the website for good neighborhood information.
Buyers are encouraged to visit City Planning Dept. before purchasing.
RPV is tracking coyotes and peafowl to control the wildlife issues in the area better.

It was an important meeting; the breakfast was delicious, and I won the door prize!



Monday, September 12, 2016

Buying Palos Verdes Horse Property--What You Need to Know

Rolling Hills Horses
Rolling Hills horses with an ocean view!

Based on MLS records, there are 29 Palos Verdes properties zoned for horses currently for sale. Sixteen of those horse-friendly properties are located in Rolling Hills. Seven horse properties are currently for sale in Rolling Hills Estates, and Rancho Palos Verdes has six equestrian properties list for sale.
Although these properties are zoned for horses, they vary immensely in size, lot terrain, proximity to riding trails and horse facilities, such as barns, riding rings, etc. Some are zoned for horses but are unimproved meaning there are no current horse facilities on site. Perhaps the stable is now a guest house or the riding ring a swimming pool. The zoning indicated what is permitted not necessarily what exists on the land.
IMG_0703
With 225 Palos Verdes single-family residences for sale and a mere 29 zoned for equestrian use, it is easy to understand why when a premiere property comes on the market, it is often sold within a few days.
If you would like to follow listings and sales of Palos Verdes horse property, I can help you. Contact me with your specific requirements and I'll make sure you receive notification of equestrian properties meeting your specifications.
Private Stables in Palos Verdes
For more information about Palos Verdes horse property contact Norma@CharlemagneProperties.com or call me at 310.493.8333.