Palos Verdes Estates Real Estate
Palos Verdes Estates was established as a subdivision in 1923, with 3,200 acres carved out of the former Rancho Palos Verdes property of over 16,000 acres. Frank Vanderlip established both a land syndicate holding the Palos Verdes peninsula, and a real estate development trust for the Palos Verdes Estates subdivision.The Commonwealth Trust Company filed the Palos Verdes Protective Restrictions in Los Angeles County in 1923. These restrictions established rules for the developer and all land owners.The developer was required to set aside half of the land for common use, including roads and parks, but also built bridle paths, a golf course, and retained several miles of coastline free of development. Leaving plenty of opportunity to enjoy the breath taking views for years to come.
Living in PVE is like being in a different state altogether. The tranquility, coast lines and views make it hard to believe you are just a short drive away from Down Town Los Angeles.
Did I Just see a Peacock?…. YES! The residents of Rolling Hills Estates, a small community on the Palos Verdes Peninsula, have been sharing their home with dozens of beautiful wild peacocks for almost 100 years. The exotic birds have always added a rustic charm to the upscale suburb.