Tuesday, December 31, 2013

Palos Verdes - Luxury Lease Homes


One of our clients is looking for a single family home to rent after selling his current property. While looking for his criteria, we prepared this summary of the luxury PV lease market. Homes for Lease for $5,000 or more in Palos Verdes by city:
  • Palos Verdes Estates: 3
  • Rolling Hills: 1
  • Rolling Hills Estates: 1
  • Palos Verdes Peninsula: 1
  • Rancho Palos Verdes: 11
The most expensive rental on the market is an 18,000 sq.ft. estate in the Monte Malaga area of Palos Verdes Estates. It includes 7 bedrooms, 9 bathrooms, a regulation size tennis court, 2 bowling alleys, pool, 5 car garage and amazing Pacific coastline views. This showpiece home is available at $30,000 per month.

The average asking price for luxury PV leases is $1.92 per square foot. Though amenities, view, location and condition will greatly affect the rental rates. If you are in the market to lease a home in Palos Verdes, please feel free to give us a call or drop us an email.

We'd be honored to be your agent when time to sell your Palos Verdes luxury home.

 - Norma Toering (310) 493-8333