The Montemalaga area (area 162 in the map below) is at the upper area of the hillsides of Palos Verdes Estates, and has some of the newer homes in the city. Homes in this area are predominantly Mediterranean in style with tile roofs. Many view lots in this area enjoy the “queen’s necklace” view of the South Bay Beaches and Santa Monica Bay. Montemalaga Elementary School is located at the top of the Montemalaga area. There are no townhomes or condominiums in this neighborhood.
Montemalaga Street
Montemalaga Hillside Homes
As of September 30, 2008, there were 27 homes listed for sale with an average list price of approx. $4.0 million. During the third quarter of 2008, however, the average price of homes sold in this area was approx. $1.3 million.
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For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.
