Lunada Bay in Palos Verdes Estates | Palos Verdes Real Estate

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lunada bay 120Lunada Bay and Margate are located along the West coast of Palos Verdes Estates, from bluff cove South to the city border with Rancho Palos Verdes, and from the ocean bluff extending East to the Rancho Palos Verdes border and Montemalaga.  The area on the ocean side of Palos Verdes Drive West is often referred to as "Lower Lunada Bay". This area is gently sloping and it's popular for running and bicycling and walking.

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Palos Verdes Lunada Bay Homes and Community

Palos Verdes Estates' neighborhoods of Lunada Bay, Margate, Montemalaga, Malaga Cove, and Valmonte have so much to offer!

The eastern portion of Lunada Bay on the terrace adjacent to the border with Rancho Palos Verdes along Via Coronel and Via Castilla, and adjoining streets is known as 'University Subdivision'. There are a total of 221 building sites of at least 1/3 acre in this 157 acre subdivision and nearly all have had homes built in the 1970s through 1990s. The name 'University Subdivision' was derived from the prior owners' (Frank and Blance Seaver) gift of the property to Pepperdine University. Pepperdine sold off the lots in the 1970s. Two streets in the 'University Subdivision' are named in honor of Frank and Blanch Seaver; Plaza Francisco and Plaza Blanca.

Lunada Bay has a commercial plaza with a market, service station, shops and restaurants., and a beautiful park. The master plan for Palos Verdes Estates once included a major 'Spanish town' shopping plaza (Lunada Plaza) along Avenida Mirola. It included an incline railway down the bluff with bath houses at the beach. This was to be an elaborate beach development with a breakwater across the opening of the bay. The plan was dropped during the great depression and the commercial lots were changed to residential.

The Bluff Cove area at the Margate-Malaga Cove border was also referred to as 'Little Waikiki' due to the great surfing popularity at the beach. An palatial yacht club (The Pacific Coast Yacht Club) had been designed for the Bluff Cove-Margate area with an opulent bluff top clubhouse and elevators to the beach, boathouses, and beach front promenade. A breakwater enclosing 66 acres of water was proposed to provide still water mooring for 400 craft. The first regatta was raced on a weekend in 1927. A small 'English Town' style commercial plaza was also planned for Margate. Many of the Margate street names have an 'England Theme'. The great depression ended the vision of these projects.

The Lunada Bay Fountain is dedicated to the children, 'La Fuente de los Ninos', and marks the commercial entrance in Lunada Bay. The fountain was rebuilt in 2008. A new botanical park has also been  recently completed across from the fountain. This park features well attended concerts throughout the summer months and a 'Harvest Festival' in the fall. The recently restored carillon bell tower at Lunada Bay Elementary school is dedicated to the children and often chimes throughout the day.

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Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2017 at 1:11pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.