Wednesday, August 16, 2017

Where Is the Best Palos Verdes Horse Property?





Last week I received an email from a person interested in purchasing horse property in Palos Verdes.  His first question was, "Where are the best Palos Verdes horse properties located?
Best is such a subjective word. Before I could answer the question, I needed to delve deeper into his equestrian wants and requirements. Did he want the best price, the best location, the best horse facilities, or the best house in an area zoned for horses?




Unquestionably, the best and top horse properties are located in Rolling Hills with its large lots and miles and miles of riding trails. It's  a horse lover's paradise and one of the top equestrian communities in Southern California. The gated community with its sweeping ocean and city views is the number one equestrian neighborhood in the South Bay of Los Angeles.



However, acreage, privacy and 24-hour security come with a price. Two of my favorite Rolling Hills horse properties currently for sale sport price tags of $5,000,000 and up. Both are prime horse properties with excellent horse facilities and the amenities for humans are outstanding as well with pools, guest houses, and lovely grounds.



If a buyer is searching for a budget-friendly horse property in Rolling Hills, there's a property for sale just over $2.5MM with a small storybook stable and a rambling ranch house in need of a little TLC.


Rolling Hills Estates and Rancho Palos Verdes also offer some excellent options for buyers in search of horse property in Palos Verdes. Many of the properties in the Palos Verdes Drive North corridor are zoned for horses. The Dapplegray and Strawberry Lane areas are two of my favorite equestrian areas in Rolling Hills Estates.



The gated Portuguese Bend neighborhood off Palos Verdes Drive South in Rancho Palos Verdes offers the best options for horse lovers. There are gorgeous stables, riding rings and coastal riding trails throughout the neighborhood.


Once you define what "Best" means for you, you're ready to begin the search for your Palos Verdes horse property.


Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com



Saturday, July 29, 2017

Palos Verdes Horse Property Real Estate Report July 2017




There are currently 32 Palos Verdes single family homes listed as horse properties for sale. There are only two horse properties under contract and in escrow with accepted offers per the local Multiple Listing Service.

Year-to-date in 2017,  23 Palos Verdes Properties zoned for horses sold, with the majority being in Rolling Hills and Rolling Hills Estates.

There are few places in Los Angeles County equestrians can live and keep their horse(s) in their backyard. Palos Verdes has numerous properties with private stables or barns, and it's not unusual to see private riding rings as well as community riding arenas. There are miles and miles and riding trails through the canyons and hills. Many of the trails offer spectacular ocean views.  If you're searching for the equestrian lifestyle, you'll find it on the Palos Verdes Peninsula.



If you're interested in buying or selling horse property in Palos Verdes, contact Norma Toering at 310.493.8333 or Norma@CharlemagneProperties.com for more information.

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.