ROLLING HILLS ESTATES REAL ESTATE
 
               PALOS VERDES PENINSULA REAL ESTATE

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Real Estate Market Information:

For the latest Real Estate Market Report for the Palos Verdes Peninsula  Click Here

City Description

Rolling Hills Estates is located on the Palos Verdes Peninsula, one of the most beautiful
residential communities in the world. The Palos Verdes Peninsula is also one of the wealthiest communities in the country, as described in the Los Angeles Business Journal.. Rolling Hills Estates and the Palos Verdes Peninsula have an extremely interesting history . The commercial center of the Peninsula is located in Rolling Hills Estates, including The Avenue of the Peninsula regional shopping center, and the Shops at Palos Verdes. The unincorporated Los Angeles County area known as Palos Verdes Peninsula is surrounded by Rolling Hills Estates and is the  residential area on either side of Crenshaw Boulevard,south of Palos Verdes Drive North, which is accessible only from Palos Verde Drive North, as well as a small area just south of the intersection of Rolling Hills Road and Crenshaw Boulevard.




The following is a map of the Palos Verdes Peninsula divided up into neighborhoods as grouped in the Multiple Listing Service ("MLS"):


Map of Palos Verdes Peninsula (City limits of Rolling Hills Estates are in green, and the unincorporated area with
the mailing address "Palos Verdes Peninsula" are in yellow )

As can be seen above, the city borders of Rolling Hills Estates is a patchwork of neighborhoods intertwined within the borders of Rancho Palos Verdes, with the gated City of Rolling Hills adjacent to Rolling Hills Estates and surrounded by Rancho Palos Verdes. The areas in yellow above are unincorporated areas of the County of Los Angeles with the mailing address of "Palos Verdes Peninsula" and are not part of any of the four cities on the Palos Verdes Peninsula.

Neighborhoods:

Palos Verdes Drive North  ( Area 165 in green in map above) This area extends from the eastern boundary of the city, just south of Palos Verdes Drive east, to the northern boundary of the city with Palos Verdes Estates, and is located both north and south of Palos Verdes Drive North. Neighborhhoods include Colina Ranch, Strawberry Lane, Rollingwood, Rolling Hills Road, Roanwood, Saddlebow, Palomino Ranchos, Monticello, Marloma, Masongate, Empty Saddle, Dapplegray, Club View, and Bridlewood Circle,

 Walking Trails Adjacent to Palos Verdes Dr. North

Palos Verdes Peninsula: ( Area 165 in yellow in  map above)The residential area on either side of Crenshaw Boulevard,south of Palos Verdes Drive North, which is accessible only from Palos Verde Drive North, is not in the City of Rolling Hills Estates, but is in an unincorporated area of Los Angeles County referred to as Palos Verdes Peninsula, California. This unincorporated area consists of two neighborhoods. One is called Academy Hill, with less than 200 homes, and the other is called Westfield, with approx. 300 homes. Many of the homes in The Palos Verdes Drive North area are zoned for horses and have larger lots. There is an extensive system of horse trails in this area as well as the adjacent city of Rolling Hills. There is also a small area just south of the intersection of Rolling Hills Road and Crenshaw Boulevard, adjacent to Torrance and surrounded on three sides by Rolling Hills Estates, that is also an unincorporated area of Los Angeles County, also within the mailing address of Palos Verdes Peninsula. This area has a large condominium and townhouse project called The Estates, which has some of the more affordable hoousing units on the Palos Verdes Peninsula. These unincorporated areas, although not a part of the four cities of the Palos Verdes Peninsula, are included in the boundaries of the Palos Verdes Unified School District.

Palos Verdes Drive East : (Area in green as part of area 165 just north of Area 167 in map above) This area of Rolling Hills Estates is south of Palos Verdes Drive north along Palos Verdes Drive East, and includes the neighborhoods of Hitching Post, Harbor Sight and Conestoga.

Silver Spur: (Area in green in Area 176 above). This area of Rolling Hills Estates is west of Hawthorne Blvd  and south of Palos Verdes Drive north.

Peninsula Center: (Area in green in Area 175 in map above) The area has three shopping areas including the Avenue of the Peninsula, the Peninsula Center, and the Town and Country Shopping Center, which are all located to the south of Silver Spur Road in the City of Rolling Hills Estates. This neighborhood includes the commercial heart of the Peninsula. The Avenue of the Peninsula is a three level open air mall featuring a skating rink, movie theatres, restaurants, and shops. The other two shopping centers feature grocery stores, drug stores, and other shops. The main  Public Library as well as the main Peninsula Post Office is located on Deep Valley Road,  This road has a "village" feel to it, with several excellent restaurants, and several new condominium and retail developments recently completed or planned for the near future, including new office and senior housing. Silver Spur Road is the main road servicing this area, and includes most of the office development in the City.

            NEW OVER 55 CONDOS IN PENINSULA CENTER
                             Contact Me to arrange a tour of these brand new properties

Silver Spur Court

Silver Spur Court

18 Courtyard condos, ranging in size from 1,700 sq. ft. to 3,000 sq. ft.  with prices ranging from $930,000 to $1.7 million. Located on the corner of Crenshaw Blvd. and Silver Spur

Rolling Hills Villas

rh-villas.jpg

41 unit project has units ranging from 1 bedroom, 1 bath at 733 square feet (starting from $419,900) up to 2 bedrooms and 2 baths from 987 square feet to 1,577 square feet (with prices ranging from $519,900 to $899,900 )



Crest: ( Area in green as part of Area 174 in map above) This area off of Highridge and  Crest Road  consists primarily of single family homes and a high concentration of  townhome developments including the TerracesCasas Verdes , and the Sea View Villas townhome developments,  

La Cresta: (Area in green as part of Area 172 in map above) This residential area is surrounded by the City of Rancho Palos Verdes and is bounded by Hawthorne Boulevard, Indian Valley Road, Highridge Road, and Crest Road. Due to its location, most homes in this area do not have views.Several of the housing developments in this area are gated and private including Vantage Point, The Ranch, Rolling Hills Park Estates, Hillcrest Manor and Hillcrest Meadows, and include the townhome developments of Rolling Hills Park Villas , and Cresta Verde . Highridge Park is a large community park.



Aerial View of Rolling Hills Estates

New Condominium Developments Planned for Downtown:

The City Council of Rolling Hills Estates on March 28, 2006  approved a new condominium complex intended to replace a previous car wash adjacent to the Avenue of the Peninsula shopping mall and across from the Public Library on Deep Valley Drive. The project is planned to be a four story 58 unit condominium, with units containing two or three bedrooms with two baths, and ranging in size from 1,377 to 2,648 square feet. The project will also have roof top decks as an additional amenity. The units will be clustered around a central courtyard and will also contain 5,810 square feet of ground floor retail space.

The project approved joins two others that the council approved in 2005: Silver Spur Court, an 18-unit condominium complex recently completed at the corner of Silver Spur and Crenshaw Boulevard (replacing the former McDonalds restaurant), and Rolling Hills Villas, a 41 unit condominium complex for seniors 55 recently completed on what had been a parking lot between two buildings at 901 Deep Valley Drive. Another project, which will be a mix of medical offices, condominiums and ground floor retail, is also in the planning stages, to be located just west of the Post office on Deep Valley Drive.

The project is consistent with the City's vision of an urban village along Deep Valley Drive mixing retail, office, and commercial uses in a pedestrian friendly environment.

On March 7, 2007 the planning commission of the City of Rancho Palos Verdes recommended that the city council approve a proposal for a new 16 unit condominium complex in the city's downtown area.

Craig Knickerbockers mixed-use project at 827 Deep Valley Drive joins three already approved condo projects in the downtown core along Deep Valley Drive from The Avenue of the Peninsula shopping center to Silver Spur. The units are planned to be one bedroom, one bathroom, and a den ranging from 1,150 to 1,250 square feet, and are planned to appeal to young buyers, or to empty nester retirees wanting to maintain a small residence on the Hill. The developer will renovate an existing medical office building while building the new condo residences.

Schools: 

Students attend school at Palos Verdes Peninsula High School (located in Rolling Hills Estates) , Ridgecrest Intermediate School and Miraleste Intermediate School ( located in Rancho Palos Verdes), and several local elementary schools, all part of the Palos Verdes Unified School System. There is an additional high school located in Palos Verdes Estates, Palos Verdes High, and both high schools are California Distinquished Schools, with open enrollment to students on the Peninsula (they do not have enrollment boundaries). Palos Verdes HIgh has a unique class scheduling structure, called block scheduling, where students attend three extended periods each day, alternating with their other three classes each day. Peninsula High has a more traditional structure of the same periods for all classes each day. Palos Verdes Unified School District has some of the highest test scores in the state. For local school test scores,
Click Here. For attendance boundaries for elementary and intermediate schools, Click Here.  .  There are also a number of excellent private schools on the Palos Verdes Peninsula.

Culture:

Most of the cultural activities for the Palos Verdes Peninsula are located in Rolling Hills Estates. These include the Norris Center for the Performing Arts,  the Peninsula Symphony, and the PV Players. The Palos Verdes Art Center is located in the City of Rancho Palos Verdes. For further information on Arts and Culture on the Peninsula,
Click Here.

Sports, Parks and Recreation:

Children in Rolling Hills Estates play baseball in two little leagues ; Rolling Hills Little League (located in adjacent Rolling Hills), and Silver Spur Little Leage (located in Rolling Hills Estates), ( For a map of the little league boundaries, Click Here ) Pony League baseball for 13 to 15 year olds, is available at Ernie Howlett park in Rolling Hills Estates, and George Allen Field in Palos Verdes Estates. AYSO Soccer leagues are active throughout the City. Girls softball is generally played on fields at various school locations There are also youth basketball leagues, and lacrosse leagues for intermediate schools.

Public Golf Facilities are available at  Los Verdes Country Club and Trump National Golf Club in Rancho Palos Verdes, and the Palos Verdes Country Club (weekdays only).  Los Verdes is a public golf course run by the County of Los Angeles. See Golf on the Palos Verdes Peninsula for detailed information on the Golf Courses on the Palos Verdes Peninsula.

Rolling Hills Estates has several large parks including Ernie Howlett Park, Highridge park, and four other park facilities.

Ernie Howlett Park is located at 25851 Hawthorne Boulevard between Palos Verdes Drive North and Rolling Hills Road, Ernie Howlett Park is the Citys major recreational facility.This 35 acre park provides facilities to many sporting and leisure activities, including: four one-wall handball courts, multi-purpose athletic fields, a regulation basketball court, a sand volleyball court, picnic tables, barbecue pits, and a variety of playground equipment. The park also boasts a 3/4-mile running track and a bicycle path. However, for many of the sports-mined, the main attractions of Howlett Park are the Rolling Hills Estates Tennis Club and the Equestrian Center. Eight tennis courts are open to the public, with a patio, refreshment center, and a grandstand for tournament spectators.

The Equestrian Center at Ernie Howlett Park, which features three riding rings, a dressage area and grandstand, and multi-use trail, is a frequent site for local horse shows. Other equestrian facilities are located in the City at the Rolling Hills Estates Stables, the Empty Saddle Club, Chandler Park, and Dapplegray Park, as well as the Palos Verdes Stables in Palos Verdes Estates.

Located at the corner of Crestridge and Highridge Roads, Highridge Park is a 10-1/2 acre facility that features two regulation-size soccer fields, youth softball/baseball field, barbecue pits, restrooms, picnic tables, playground equipment, approximately one mile of running track with Par Course stations, and a multi-use trail.

The South Coast Botanical Gardens are located on a former landfill site on Crenshaw Boulevard. The Gardens include many unique garden environments, including a Japanese garden, a rose garden, a children's garden, and a water garden. Many events are held here including garden shows and concerts. 

South Coast Botanic Garden    
Entrance to South Coast Botanical Gardens                  Gazebo in Upper Meadow

Tennis may be played at  Ernie Howlett Park in Rolling Hills Estates, the Jack Kramer Club in Rolling Hills Estates, at the Peninsula Racquet Club in Rancho Palos Verdes, or at one of the excellent courts at Peninsula High. Tennis League play is available through the South Bay Marine League, which has teams at most of the private tennis clubs in the area as well as Ernie Howlett Park in Rolling Hills Estates

For additional information on sports, parks and recreation opportunities on the Peninsula,
Click Here.

Taxes:
Property Taxes: The property tax rate for the fiscal year 2009-2010 is 1.055672%  (computed by the standard 1.0% of the property's assessed valuation (in accordance with Proposition 13, a property's assessed valuation is the original purchase price, plus the cost of improvements, based on the value of permits pulled, plus an increase in valuation of 2% per year) plus additional tax rates for voted bonded indebtedness) plus direct assessments of approx. $600-$700 per parcel for such items as school parcel taxes, etc.

Taxes are assessed for the fiscal year running from July 1st through June 30th, with property tax bills payable in two installments on December 10th and April 10th. If a property changes ownership during the year, a supplemental tax bill will be prepared prorating the tax increase due to a change in valuation over the remainder of the fiscal year. If a change in ownership occurs between January 1 and May 31 this will result  in two supplemental assessments and two supplemental tax bills. The first supplemental bill is for the remainder of the fiscal year in which the event occurred. The second supplemental bill is for the subsequent fiscal year.

Property Transfer Tax: The County of Los Angeles levies a transfer tax upon the sale of a property of $1.10 per thousand dollars of the sale price.

Police and Fire Protection:

Police, Fire and Paramedic services are contracted with Los Angeles County with the Los Angeles Sheriff's Department, and the Los Angeles County Fire Department.


Places of Worship:

The following places of worship are located in Rolling Hills Estates:

Rolling Hills Covenant Church - 2222 Palos Verdes Drive North
First Baptist Church of Palos Verdes - 28 Mocassin Lane
Rolling Hills United Methodist Church - 26438 Crenshaw
New Life Christian Church - 28340 Highridge Road
St. Lukes Presbyterian Church - 26825 Rolling Hills Road

Several other churches and synagogues are located in adjacent Rancho Palos Verdes

Demographics:

Population in July 2007: 7,824. Population change since 2000: +2.3%
Males: 3,798 (48.6%), Females: 4,026 (51.4%)
Elevation: 500 feet
County: Los Angeles 
Land area: 3.6 square miles
Zip code: 90274
Median resident age: 44.9 years
Median household income: $138,425 (year 2007)


For population 25 years and over in Rolling Hills Estates

  • High school or higher: 96.9%
  • Bachelor's degree or higher: 60.8%
  • Graduate or professional degree: 28.5%
  • Unemployed: 2.1%
  • Mean travel time to work: 31.9 minutes

    Crime in Rolling Hills Estates (2008)
  • 0 murder (0 per 100,000)
  • 2 rapes (26.0  per 100,000)
  • 8 robberies ( 104.2 per 100,000)
  • 824assaults (312.6 per 100,000)
  • 39 burglaries (508.3 per 100,000)
  • 3 auto thefts (39.1 per 100,000)

    City-data.com crime index (2007)= 174.2(higher means more crime, US average = 320.9)

    For additional Information on the City of Rolling Hills Estates, Click Here

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    Maureen Megowan
    Remax Palos Verdes Realty
    63 Malaga Cove Plaza
    Palos Verdes Estates, CA 90274
    Certified Palos Verdes Specialist
    Seniors Real Estate Specialist
    Realtor
     
    Home:(310) 541-6416
    Cell:(310) 259-7124
    Fax:(310) 541-2960
    Email: info@maureenmegowan.com
    http://www.maureenmegowan.com