Palos Verdes Ocean View Home – 32332 Phantom Drive

32332 Phantom Drive, Rancho Palos Verdes CA 90275

3BR/1.5BA Single Family House offered at $1,195,000

• Year Built 1963
• Sq Footage 1,922
• Bedrooms 3
• Bathrooms 1 full, 1 partial
• Floors 1
• Parking 2 Car Garage
• Lot Size 12,740 sqft
• Start the day with your morning drink of choice on the ocean view patio and enjoy views of the ocean, Catalina and the majestic coastline. There’s also a sheltered backyard patio surrounded by flat grassy backyard, lushly landscaped hillside and privacy fences. Inside there are beautiful hardwood floors, fireplaces, a sleek remodeled kitchen with Wolf stove, granite counter tops, over-sized center island and stainless steel appliances. The open floor plan is flooded with natural light. There are newer Milgard windows and a separate laundry room. Smooth ceilings and recessed lighting enhance the clean contemporary feel. Don’t miss this one-level remodeled beauty in the wonderful coastal community of Ladera Linda.

PROPERTY FEATURES

• Fireplace – Hardwood floor – Tile floor – Family room – Living room – Refrigerator – Stove/Oven – Stainless steel appliances – Balcony, Deck, or Patio Yard – Ocean View

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Homes for Sale – Palos Verdes Houses
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Palos Verdes Coastal Homes – Rancho Palos Verdes Homes

House with a View in Rancho Palos Verdes – Norma Toering REMAX Palos Verdes

If you are searching for a house with a view to call home on the Palos Verdes Peninsula, your quest may be over once you step inside my new listing on Phantom Drive in Rancho Palos Verdes. 

Located amid the hills overlooking Trump National Golf Course and within walking distance of hiking trails along the Pacific Ocean and nature trails lacing the Palos Verdes hills, the contemporary three bedroom offers the Palos Verdes lifestyle for under $1,200,000.  Sure, you can easily spend much more in this upscale area, but if you’re looking for value, location and condition this one-level remodeled home will exceed your expectations.

Oh, and the view will have you at hello.

32332 Phantom Drive, Rancho Palos Verdes CA 90275

Open Sunday 10/11/09 1-4pm.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Buying a Home in Palos Verdes – Selling a Home in Palos Verdes CA
Coastal Houses in Palos Verdes – Palos Verdes Realtor Blog

Tips for a Successful Home Sale

Selling a house is neither simple nor a short process. It often requires weeks, if not months, of pre-sale preparation, and once on the market, the added task of keeping the property ready to show on short notice.  No wonder so many homeowners dread the thought of added work, losing the freedom to live as they want in their little fiefdom and perhaps worst of all, throwing their asset into a moody market.

What’s a seller to do?

Review the Past: Failure to disclose past events, current conditions or other material facts is probably  the top cause of lawsuits.  When selling a property, there are no secrets. You may love the foghorn that trumpets its warning in the middle of a foggy night, but your buyer may find it an annoying surprise. Ditto for that little drainage problem, plumbing issue etc.  Fill out the seller’s transfer disclosure with the zeal of a budding novelist. It’s tell all time.  Ask for an addendum if needed.  Most of all don’t hold back or it might come back to cost you later.

Look into the Future: Buyers almost always want to know why the homeowner is selling a property.  It is a fair question–be honest.  If the buyer will be surprised by new construction that will block the view or create traffic or noise issues in the future, deal with it now.  Reveal what you know about the future.

Accept the Present: The old real estate market is gone, a new one may be right around the corner, but the present one is the one we have now.  Buyers are shopping and the marketplace offers many options. Make sure your property is memorable.  Maximize its best features, minimize its flaws. Then step back and let the process begin.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach. Information is deemed reliable but not guaranteed.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Selling a Home in Palos Verdes – Buying a Home in Palos Verdes
Palm Desert Area Lots for Sale – Homes with Views in Palos Verdes

Palos Verdes Homes – Available by Price Range

Palos Verdes Peninsula offers a wide variety of homes for sale and a price range to match. 

Single Family Homes currently for sale in Palos Verdes by price range:

$1,000,000 and below: 32 Homes for sale

$1,000,001 to $1.5M: 79 Homes for sale

$1.5 to $2M:  52 Homes for sale

$2 to $3M: 41 Homes for sale

$3M to $4M: 14 Homes for sale

$4M to $5M: 12 Homes for sale

$5M to $8M: 9 Homes for sale

$8M plus: 8 Homes for sale

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

PalosVerdesLifestyle – Nominated by Relocation.com as one of the top ten Los Angeles area real estate blogs. Ranked by Technorati in the top 1% of all blogs. As seen in the Daily Breeze newspaper.

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Rancho Palos Verdes Homes for Sale Blog – Palos Verdes Houses
La Quinta Area Lots for Sale – View Homes in Palos Verdes

What happened to my million dollar PV home?

There are forty-one homes on the Palos Verdes Peninsula priced under $1,000,000, not including the Eastview area of Rancho Palos Verdes.  Three years ago it was difficult to find three homes priced for less than one million dollars in this California coastal community with an award winning school system.

Homeowners are growing weary of their current real estate ride; instead of the robust double-digit equity increases they racked up annually during the upside of the real estate cycle, they are facing declining values and dwindling equity during the downside of the cycle.  The slide down is not nearly as much fun as the climb up, and the best we can hope for is a soft landing when we reach the bottom.

The best way to cope with change is to expect it, recognize it and adapt to it.  Like many other assets, real estate values are in a constant state of flux influenced by economic, political and other forces beyond our control including Mother Nature!  For most homeowners the gains were “paper gains” and not “realized gains.”  But like a stock that soars and then sinks before it is sold, the loss feels very real.

On the positive side, the real estate slowdown is just that, a cooling off from the hot market our area enjoyed for several years. It has not come to a grinding halt.  As a seller, you may have to consider accepting an offer with contingencies unacceptable only a few years ago.  As more homes come on the market and remain there longer, buyers have more choices. They have time to shop.  Consequently, they will be looking for the properties offering the best value, terms and conditions.  From the seller’s standpoint, the market has become much more competitive.

From the buyer’s standpoint, the pressure to write an offer within 24 hours of a home being listed has all but vanished. (There are exceptions to this rule–just last week my buyer’s offer was one of three great offers submitted on a new listing. All offers were over asking price.)  The frustrating situation of being one of several offers is occurring less often. There is no question, buyers have removed themselves from the bidding war frenzy and are shopping for value, value, value!

What a difference a year makes. Serious sellers are paying attention by pricing their home based on recent sales in their neighborhood, not on speculative dreams.  Serious sellers are prepping their home for sale with clutter removal, general cleanup, repairs, replacements, paint and a healthy dose of patience.  In short, the buyers are being courted with pristine condition, competitive price and outstanding value.

Serious buyers are meeting with lenders to discuss financing options prior to submitting an offer.  Serious buyers are prepared to walk away from an overpriced property if they even bother to look at it.  Today’s savvy buyer eliminates many homes on price, condition and location without ever stepping inside the front door.  Shopping for a home is serious business, not a pastime, for today’s selective buyers.  It is a major investment and a large asset that is expected to provide shelter, provide some tax relief and perhaps most importantly, be worthy of being called home.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Homes for Sale Blog – Palos Verdes Houses
Boitano Palms Horse Property – View Property in Palos Verdes

What’s the Value of a Palos Verdes View

The Palos Verdes Peninsula possesses a full portfolio of views. Would you like ocean and island view? We have it. How about city lights? Yes, lots of those available. Are you happy with a peek-a-boo view? Those are quite common. If only a panoramic view will do, the price will reflect a big view is included.

Many buyers want to know what a view will cost. Sellers want to know what their view is worth. Pricing a view is one of the most subjective things an agent must do when listing a view property. History and experience helps us with this subjective and opinion filled task.

Last week my business partner and I decided to approach pricing view properties based on a more scientific approach. Using the sales from a recent 30 day period, we compared the price ratios of homes that sold with no view, any view, ocean views and panoramic views. We placed all single family sales in the most appropriate view slot. We then calculated the price per square foot for averages for each type of sale. The ratios of each category revealed rough estimates of the premium buyers place on each type of view.

The results:

Homes with a small view sold for an average of 10% more than homes with no view.

Homes with any view sold for an average of 17% more than homes with no view.

Homes with ocean views sold for an average of 25% more than homes with no view.

Homes with panoramic views sold for an average of 40% more than homes with no view.

There are many variables in this calculation (which means it still remains very subjective) and the percentage will vary with the number of homes sold and the type of view those properties possessed. Pricing a view home is best done by a knowledgeable and experienced agent because certain views are considered more valuable than others even though they may both be deemed panoramic.

We had fun compiling the list and assigning a value to our Palos Verdes views, but please remember the true value of view is determined by what buyers are willing to pay for view properties.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Homes for Sale Blog – Palos Verdes Real Estate
Boitano Palms Horse Property – View Homes in PV

Palos Verdes Seaside View Home

32245 Phantom Drive

Phantom Drive View

has one of the best views in the Ladera Linda neighborhood.

Located high above Palos Verdes Drive South and enjoying views of the Pacific Ocean, Catalina Island, Trump’s golf course, expansive coastline, and the dramatic cliffs and hills of the Palos Verdes Peninsula few properties can compete with the view.

The remodeled one-level home greets visitors with a stone driveway, Imported front doors, plank floors throughout and stunning 20 foot Fleetwood sliding glass doors make the view an integral part of the living space.  The doors disappear into wall pockets and the boundary between indoor and outdoor disappears, allowing easy flow to the covered stone patio and the great room complete with vaulted ceilings and skylights.

Add an open kitchen, two classy bathrooms plus three bedrooms and you have the perfect Palos Verdes seaside retreat.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Rancho Palos Verdes Houses Blog – Rancho Palos Verdes Homes Website
Rancho Palos Verdes Home Search – More information on Palos Verdes

Boitano Palms – Coachella Valley Equestrian Lots
Needles RV Park, Motel, and Land on the River

In Search of a View

Many people move to Palos Verdes CA for the schools, others come for the location, but I believe the strongest card the Palos Verdes Peninsula has to play is the VIEW CARD.  It is a fantastic little decision maker when it is time to buy a house.  Right now I have two couples searching for the perfect view.  Fortunately, their idea of perfect is just enough different to keep both of them from coveting the same house with a view.

One couple wants the wide open Pacific Ocean view with a bit of coastline, Catalina Island, cruise ships and a few lights at night.  The other couple prefer a few more lights at night to keep the view alive 24/7.  Of course, if the right house comes along and the view is a little off, most buyers will accept it as being close enough to perfect for them.  The reverse is also true; if the view is right but the house is less than dreamy they are usually willing to do a makeover on the house. 

A phrase I often repeat when working with view clientele is, “Buy the view you want because you can’t put it in later.”  A new kitchen is easy to add later, a view is another matter.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes House Blog – Palos Verdes Homes for Sale Website
Palos Verdes Homes Search – More information on Palos Verdes

Rolling Hills Houses Blog – Palos Verdes Property
Rancho Palos Verdes Homes for Sale – Palos Verdes Estates Homes for Sale

Another Palos Verdes View Home to See

It would be easy for this home to be overshadowed by  Donald Trump’s glizty new homes, or Lowe’s fantastic new resort, Terranea, but trust me, it is worth seeing.

Do you dream of owning your own private resort with a steam room, jacuzzi, palatial master suite and a grand balcony overlooking the Pacific Ocean?  It is for sale in Rancho Palos Verdes, and the best news is it is priced well below the appraised value.

The property is located along the ritzy Palos Verdes Drive South corridor and must be seen to appreciate the quality, style and view.  When I previewed the property I was reluctant to leave.  It’s my pick for the moment for Eye on Value in Rancho Palos Verdes.  Offered at $3,499,000.

Want to see it?  Contact me–I’d love to show it again.

Norma Toering & Team RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Property Blog – Palos Verdes House Website
Palos Verdes CA Homes Search – More information on Palos Verdes

Rolling Hills Houses Blog – Palos Verdes Property
Rancho Palos Verdes Homes for Sale – Palos Verdes Estates Homes for Sale

A House With a View

First, let me tell you on my very first post that I’m crazy about a house with a view. This affliction was not acquired until midlife, or to be more precise, it began when I moved to California from the flat-lands of Florida and bought a house on the Palos Verdes Peninsula, or as the locals affectionately call it,  The Hill.

My insider status (read that as I’m a real estate agent) allows me to view properties on a regular basis.  Here are my favorite 3 of the moment:

All three views are currently for sale and a house is included.  For information on these views and many others contact Norma Toering, REMAX Palos Verdes Realty at 310.493.8333.   License # 01147470

Norma Toering and Team – RE/MAX Palos Verdes Realty
(310) 493-8333 / Office Phone: (310) 831-0800

South Bay Los Angeles cities I sell real estate, property, houses and homes in: Palos Verdes Estates, Rolling Hills, Rolling Hills Estates, Rancho Palos Verdes, San Pedro, Long Beach, Torrance, Lomita, Redondo Beach, Hermosa Beach and Manhattan Beach.

Find Norma on: Facebook – Twitter – LinkedIn – Email Norma

Palos Verdes Property Blog – Palos Verdes House Website
Palos Verdes CA Homes Search – More information on Palos Verdes

Rolling Hills Houses Blog – Palos Verdes Property
Rancho Palos Verdes Homes for Sale – Palos Verdes Estates Homes for Sale

Palos Verdes Equestrian Property Blog – PV CA Homes Blog