Palos Verdes Estates is comprised of four residential neighborhoods—Lunada Bay, Malaga Cove, Montemalaga, and Valmonte. The City has miles of shoreline with picturesque bluff-top views and neighborhood walking paths. Gently winding roadways, green hillsides, and 28% of the land is dedicated as parkland. Recreational venues include, an award winning Golf Club, a 12-court Tennis Club, a Beach and Athletic Club, and Stables with boarding, riding lessons and trail rides.  

New York financier Frank A. Vanderlip, Sr. purchased the land from the Bixby family in 1913 with the idea of building a planned, residential community. The new community was laid out and landscaped by the famous Olmsted Brothers, sons of Frederick Law Olmsted, Sr., who designed Central Park in New York City.  The City is known for its unique rural character and enjoys an international reputation for its scenic beauty. 

The Palos Verdes Estates real estate market offers a diverse variety of properties. The assortment of architecture includes everything from traditional homes to modern architectural properties.  From “Old Spanish” haciendas to gated palatial chateaus.  As of 2015, the average listing price for homes in Palos Verdes Estates is approximately $2,140,000. The average price per square foot for homes in PVE is $676.  Over the last five years, Chris Adlam has been the top-grossing Palos Verdes Estates real estate agent in both listings and sales.