PALOS VERDES ESTATES Lunada Bay and Margate (160)
Lower Lunada Bay, west of Palos Verdes Drive, is home to the community’s commercial plaza with a market, service station, shops, and restaurants. In the center of Lunada Bay stands "Fuente de los Ninos,” The Fountain of the Children, named for the 250 neighborhood school children that raised the funds to build it. Also nestled in the area are Palos Verdes High School (reopened fall ‘02), Lunada Bay Elementary, and Palos Verdes Intermediate School (reopened fall ‘02). This area is a favorite for families since it is within walking distance of all three Palos Verdes Peninsula School District schools.
The lower Lunada Bay area sits on the bluff above the Pacific Ocean, which makes it a popular area for running, walking, and bicycling. The remaining vacant land along the bluff has been designated as parkland and is maintained in its natural state. The neighborhood’s community spirit is demonstrated each year when the local residents and the Lunada Bay Homeowners Association host the Harvest Festival in the fall. In addition, a Summer Concert Series is held in the Lunada Bay Park at sunset. Located at the end of Avenida Mirola, Luanda Bay curves inward from Resort Point on the South to Rocky Point on the North. The Greek cargo ship, The Dominator, crashed into Rocky Point in the fog on March 13, 1961; over the last 50 years the ocean has reclaimed the wreckage.
Nestled on its quiet streets, homes in this area range from some of the most extravagant estates in California along the bluffs of Paseo Del Mar that feature deep setbacks from the street, gated approaches, and unparalleled ocean views to homes in the three-bedroom 1500 square foot range. Developed mid century, Rocky Point Estates is zoned for single story homes. Near the area’s commercial plaza there are some great condominiums and townhouses.
Home prices in Lunada Bay and Margate range from $1,000,000 to $8,000,000.
The communities of Lunada Bay and Margate hold ownership opportunities for condos, modest homes, and large bluff estates. Looking for Palos Verdes Real Estate with a Lunada Bay Realtor will allow you to find the best of what is available so you can explore your options whether you are a first time buyer who loves this great community and all that the Palos Verdes School District has to offer, or if you are looking for you dream estate on the California Coast. Use our Free Palos Verdes MLS so you can see what homes are available here in Lunada Bay and Margate today.
No matter what time of year, you can find great homes available in the 90274 zip code. Hurry and contact the Al D’Amico Real Estate Team at 310.544.7511 for your FREE list of our best picks in Lunada Bay and Margate.
