Prime Luxury Property South Bay Jun / Jul 2016 2.2 by Prime Luxury Property

LUXURY PROPERTIES IN SOUTH BAY

JUN | JUL 2016

URBAN LOUNGE

Offered by Caskey & Caskey of Shorewood Realtors for $4,499,000 FULL LISTING ON PAGE 38

PRIMELUXURY.COM

KIM HALL

310.721.7526 | KimHallHomes@gmail.com www.KimHallHomes.com | CalBRE# 01864819

1414 PASEO LA CRESTA, PALOS VERDES ESTATES OFFERED AT: $9,750,000

• 7 Bd / 11 Ba • Approx. 10,400 Sq. Ft.

This extraordinary property is designed to evoke the feeling of being “10 miles west of Versailles.” A unique combination of luxury and comfort, grandeur and intimacy, this estate can comfortably host large formal events, casual gatherings, or easily entertain one or two guests, while still being at its heart a warm family home. The home sits atop a beautifully landscaped nearly full acre lot and features 7 bedrooms, 11 bathrooms, 7 fireplaces, elegant formal living and dining rooms, spacious family room, 2 | primeluxury.com

office, library, gym, game room, children’s playroom, theatre, wine cellar, gourmet French country kitchen plus an outdoor kitchen, covered living room, and sparkling pool and spa. Full-length windows in the living room and family rooms expose peaceful ocean, bay and treetop views beyond. Exquisite custom finishes, unique features, fine appointments and clever details make this a once in a lifetime opportunity. 1414PaseoLaCresta.com

STEPHEN HAW

310.503.9886 | skh8828@gmail.com stephenhaw.com | CalBRE# 0808646

1500 VIA ASTURIA PALOS VERDES ESTATES OFFERED AT: $3,690,000

Nestled on a quiet street in the desirable Upper Lunada Bay area of PV Estates is this Mediterranean Ocean View Estate, remodeled in 2004 by renowned Louis Tomaro Architects. This immaculate home has many luxurious features: impressive marble entry, Brazilian cherry wood floors, dark granite countertops, dramatic columns and arches, stone fireplaces etc. 1500 Via Asturias, Palos Verdes Estates

• 5 bd / 5.5 Ba • Approx. 5,249 Sq. Ft.

2653 VIA OLIVERA PALOS VERDES ESTATES OFFERED AT: $1,895,000

Seller just spent $380,000 to extensively remodel this ocean view home, located in the very desirable Upper Lunada Bay area. This gorgeous home has a fluid floor plan, and boast the latest trend in home design. Two bedrooms have ocean view, including the Master Suite with balcony. 2653 Via Olivera, Palos Verdes Estates

• 4 bd / 3.5 ba • 2,828 Sq. Ft. • 6,547 Sq. Ft. Lot primeluxury.com |

A HERITAGE ESTATE IN THE MANHATTAN HILL SECTION OFFERED AT: $22,500,000

• 6 Bd / 7 Ba • Approx. 7,500 Sq. Ft. + 3,000 Sq. Ft. Residences

KIRKLAND DRIVE BEVERLY HILLS OFFERED AT: $13,000,000 • 466,196 Sq. Ft. Vacant Lot

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Enjoy the elite lifestyle and luxurious estate living found only in the prestigious Hill Section of Manhattan Beach. This is a once in a generation opportunity to obtain a prime ocean view heritage residence. This private estate offers a park-like setting on a 23,212 sf corner lot. The appx. 7500 sf main residence features 5 beds/5 baths, wine cellar & full basement prepared for home gym. An appx. 3,000 sf detached residence has a 1 bed, 1 bath guest home plus a subterranean recreation hall with custom wine cellar, game room, library, gym & executive bath. The grounds feature two outdoor kitchens, pool & spa, plus full basketball court. From entertaining on a grand scale to hosting intimate gatherings for all ages, this showcase estate is truly unique to the legacy of Manhattan Beach. 814 Pacific Avenue, Manhattan Beach, CA 90266

One of the last remaining available large parcels in much-desired Beverly Hills PO 90210. Set near the prestigious Beverly Park gated neighborhood and also near celebrity favored Oak Pass Rd, this prime promontory hillside offers a beautiful parcel of land with two APN numbers. Portions of the acreage have unobstructed 270 degree views reaching to the Ocean and even Catalina Island yet location only minutes to the heart of Beverly Hills. Ideal for a developer with a vision or for an owner who wants to custom build an estate in this private location. Accessed easily from Hutton Drive off Benedict Canyon Rd, the possibilities are endless, including building two homes with a lot line adjustment. High quality plans and renderings of the primary mansion are available to serious buyers.

JENNIFER & DAVE CASKEY

310.374.1800 | dave@caskeyandcaskey.com | caskeyandcaskey.com | CalBRE# 01198999 & 01075946

TREE SECTION PERFECTION OFFERED AT: $2,899,000

• 4 Bd / 3 Ba • 3,874 Sq. Ft. • 4,480 Sq. Ft. Lot

MODERN LIVING. CLASSIC DESIGN. OFFERED AT: $2,200,000

• 4 Bd / 3 Ba • 2,238 Sq. Ft. • 7,090 Sq. Ft. Lot

Offers an open floorplan with a wonderful flow that allows for elegant formal entertainment as well as casual living with high ceilings that invite plenty of natural light. This pre -ZORP home boasts almost 3900 sq feet with larger bedrooms and more ample living areas than typical new homes in the area. The master suite features a designer bathroom retreat complete with dressing vanity and soaking tub. A gorgeous gourmet kitchen was designed with both intelligent function and timeless aesthetic in mind; you’ll be delighted to discover many custom touches, such as SubZero and Wolf appliances and an Ann Sachs tile backsplash. Every detail is covered, from hardwood floors, to central A/C and an Electrolux central vac. 2308 Walnut Avenue, Manhattan Beach, CA 90266

This picture perfect vintage beach home is perched high on a large lot in North Hermosa Beach overlooking the greenbelt, with the park just steps away! An updated and remodeled original beach property that maintains many of the charming features found only in a home with ties to the classic history of this small town. Updates like central A/C, rich hardwood floors, crown moldings and custom shutters bring this home forward into modern living while safeguarding the artistry and craftsmanship that went into it when it was first built. Situated on an oversized corner lot, this traditional single level floor plan opens to spacious front and back yards. 601 24th Place, Hermosa Beach, CA 90254 primeluxury.com |

CONTENTS

•

FEATURES

22 & 24 SMART DATA LUXURY REAL ESTATE MARKET TRENDS For those who have a penchant for numbers.

PRIME PROPERTY MASTERPIECE VILLA BY THE SEA Perched high on a bluff in Palos Verdes Estates, this month’s showcase is an incredible Spanish-inspired estate steeped in history and surrounded by pristine coastline.

SOUTH BAY Vol 02, Issue 02 | Jun / Jul 2016 KIM HALL

STEPHEN HAW

CASKEY & CASKEY

THE INMAN TEAM

CHRIS ADLAM

JANET IRWIN

NICK SCHNEIDER

JENNIFER CARAS

JOHN BATHURST

CHUCK BUSCEMI & CATHY NOONAN

THE SPENCER SNYDER GROUP

RICHARD HAYNES

FREEDMAN • GEILMAN

GERARD BISIGNANO

THE MILLER GROUP

KRISTEN NOVOA

EDLER | DERENZIS

TERRI TSUCHIDA

SUZANNE DYER

JOHN CAPELLARO

DAN O’CONNOR

CASKEY & CASKEY

THE ALTMAN BROTHERS

GILLESPIE-HOST GROUP

LUXURY PROPERTIES IN SOUTH BAY

JUN | JUL 2016

TRENDING AGENTS WEIGH IN ON CURRENT LOCAL MARKET TRENDS

PRIME AGENT SPOTLIGHT BRETT ZEBROWSKI PALM REALTY BOUTIQUE

Which is more effective in the luxury housing market, an open house or a private showing?

Prime gets to know a top entrepreneurial agent born and raised in the South Bay.

6 | primeluxury.com

URBAN LOUNGE

Offered by Caskey & Caskey of Shorewood Realtors for $4,499,000 FULL LISTING ON PAGE 38

PRIMELUXURY.COM

Cover: Urban Lounge, Offered by Caskey & Caskey of Shorewood Realtors for $4,499,000 (Full listing on page 38)

Selling your home and want it showcased in Prime? Contact a real estate agent in Prime or have your agent connect with us to reserve space for your home.

GORDON INMAN 310.936.1979 Gordon@InmanTeam.com InmanTeam.com CalBRE# 00446156

KEITH KELLEY

310.944.5554 Keith@InmanTeam.com InmanTeam.com CalBRE# 01810798

UPPER BLACKWATER CYN ROAD, ROLLING HILLS OFFERED AT: $7,200,000

• 5 Bd / 5 Ba • 6,500+ Sq. Ft. • 3.5 Acre Lot

This custom designed estate by renowned Rolling Hills architect, George Sweeney, features 5 bedrooms, 5 bathrooms, over 6,000 sq. ft. of living space and a 500 sq. ft. pool/guest house. The formal living room has open ceilings and panoramic views. The remodeled kitchen opens to the family room making it a great room for entertaining. Attached to the master is an office with a fireplace and views. The large patio flows off of all living space ideal for outdoor entertaining. Step down to the pool & pool house that has a ¾ bath, a kitchenette and fireplace. This horse property features a 777 sq. ft. barn with 3 stalls and a tack room with plenty of space for a riding ring or a tennis court. This property is a true estate on 3.5 acres with complete privacy from the surrounding canyons, breathtaking panoramic views and an award winning garden. www.UpperBlackwaterCyn.com

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MEMO

•

South Bay Edition

Group Publisher Marc Fiore marc@primeluxury.com

elcome to Prime – South Bay Edition

As we go to print with this, our Summer 2016 issue, the South Bay is having its moment in the sun. Buyer interest in properties in Manhattan Beach, Redondo Beach, and the Long Beach waterfront is at an all-time high. For the past five years, the area’s home market has yielded solid appreciation, with most homes increasing their value by 10-15%, and some even doubling in price. With the influx of tech talent spilling over into the buzzing think tanks of Silicon Beach and the surrounding areas, this trend is bound to continue. The current boom is confirmed by seasoned luxury real estate agent Brett Zebrowski at Palm Realty Boutique in Manhattan Beach. Currently celebrating the tenth anniversary of his agency, Brett Zebrowski has seen the highs and lows of the market, and is enthusiastic about sharing with newcomers to the community the beachside lifestyle he loves so much. Read more about Brett’s insights on current trends and the perks of living here in this issue’s Agent Spotlight on page 48. And on the subject of trends, this issue’s Trending feature tackles the question: Which is more effective in the luxury housing market, an open house or a private showing? Prepare to be surprised by responses from resident luxury experts Janet Irwin (Equity Brokers), John Capellaro (Coldwell Banker Previews International), and the Gillespie-Host Group (Vista Sotheby’s International Realty) on page 46. For a look at the lifestyle that’s currently ontrend and in-demand, take a tour of our Cover home on page 38. 717 24th Street in Hermosa Beach, listed by Caskey & Caskey of Shorewood Realtors, was built to exceed expectations and showcase stunning views. The sleek contemporary palette and urban design that make this causal, yet luxurious home is a trend that is becoming increasingly popular among new construction and remodels. This casual luxury lifestyle is what is bringing more and more people to the beautiful areas of the South Bay. Despite the recent surge in demand, the area has always ranged highly among the most beautiful stretches of land in the entire country. As early as 1925, famous landscape artist Frederick Law Olmsted Jr. – the son of the man who built Central Park in New York, among other landmark projects – was commissioned to design a new

8 | primeluxury.com

Graphic Design Melissa Koziel melissa.koziel@primeluxury.com Contributing Editor Dirk Vogel dirk.vogel@primeluxury.com Sales Director Joe Rafael joe.rafael@primeluxury.com Office Administrator Natalie McCartney natalie.mccartney@primeluxury.com type of community here in the South Bay. A community that would blend land conservation with a life style in close proximity to nature. That community became Palos Verdes Estates, and when Olmsted concluded his design, the city gave him carte blanche in choosing the most scenic spot for his private residence, where he settled down after leading conservation efforts in wildlife preserves such as the Everglades, and the creation of national parks such as Yosemite. As it happens, the property hand-picked by Frederick Law Olmsted Jr. for its scenic beauty is the Masterpiece feature in this issue. On page 26, we invite you to tour the charming Spanishstyle estate known as Casa Felicia perched upon the Palos Verdes bluffs at 2101 Rosita Place. Surrounded by 1.5 acres of meticulously landscaped grounds, the home boasts some of the most beautiful ocean views in the entire country, surrounded by untouched, carefully preserved nature, just like Olmsted had envisioned. On that note, welcome to South Bay living at its finest and welcome to Prime.

Sales and Marketing Coordinator Jordan Schweitzer jordan.schweitzer@primeluxury.com Creative Director Luis Rodriguez

Advertising Inquires: sales@primeluxury.com Questions or Comments: info@primeluxury.com Prime Luxury Property 2915 Red Hill Ave, Bldg A – 210A Costa Mesa, CA 92626 | ph.949.234.8799

prime luxury property @primeluxuryproperty @primeluxuryprop

Sincerely,

prime luxury property prime luxury property

Marc Fiore | Group Publisher / Co-Founder marc@primeluxury.com

Published by BillMarc Media, Inc. ©2016 All rights reserved. All property, real estate promotions and advertisements are subject to the Federal Fair Housing Act. Advertisements are accepted upon representation that Realtors, Agencies and other marketing institutions have the authority and rights to publish. Information, photography and data included in advertisements are deemed reliable and not guaranteed by Prime Luxury Property or BillMarc Media, Inc. Advertisers agree to hold Prime Luxury Property and BillMarc Media, Inc harmless against any loss arising out of publication of said content. Reproduction or use of content in any manner, without permission, is strictly prohibited.

CHRIS ADLAM 310.493.7216

www.chrisadlam.com Vista Sothebyâ&#x20AC;&#x2122;s International Realty

C a sa Felic ia . If priva cy is the ultim ate lu xu r y. . . $ 1 2, 5 0 0,0 0 0

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Love Where You Live

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JANET IRWIN

562.810.5166 | janet@janetirwinre.com | janetirwinre.com | CalBRE# 01887320

166 RIVO ALTO CANAL OFFERED AT: $2,595,000 • 3 Bd / 3 Ba • 2,837 Sq. Ft.

A lifestyle opportunity awaits you with this Cape Cod Canal home in Naples, Long Beach. With forty feet of frontage space along Naples Canal you will enjoy the charm of living waterfront with your own private dock. The turnkey interior offers 3 spacious bedrooms, 3 baths and tasteful finishes. Ideal for entertaining, the first floor great room features LaCantina doors spanning the entire front of the home that open onto the large patio where friends can gather around an outdoor fire pit. The gourmet kitchen includes a 48" Bertazonni Professional Range, Liebherr Refrigeration, Miele Dishwasher and 30” farmhouse sink, custom cabinetry, and black granite countertops. The spacious master suite offers a full water view, 30” gas temperature-controlled fireplace, and plantation shutters. You will enjoy the wired sound system throughout the home that includes patio speakers. Love where you live – come home to Naples Island. primeluxury.com |

COMING SOON: TWO STUNNING CUSTOM BUILT TOWNHOMES IN MANHATTAN BEACH PRICE UPON REQUEST

• 4 Bd / 3.5 Ba • 2,500 Sq. Ft. • 3-stop elevator • Ocean Views

Anchored by their Coastal Plantation design and sleek modern touches, these thoughtfully designed homes are developed and built by local builders Titan and Co to embody the South Bay Lifestyle with beautifully executed floor plans. Situated in a superior location in the heart of downtown Manhattan Beach, just a short walk or bike ride to Manhattan Beach Pier, downtown shopping and restaurants! They will be competitively priced and won’t last!

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NICK SCHNEIDER

310.809.4875 | Nick@schneiderproperties.com | www.schneiderproperties.com | CalBRE# 01867363

Thinking of selling? Call Nick to maximize your results.

• 6 Bd / 7 Ba • Approx. 6,025 Sq. Ft.

Custom-Built Coastal New Construction Home located in the heart of downtown Manhattan Beach. This home is the epitome of Luxury with a meticulously designed open floor plan. Bi-fold doors and picture windows seamlessly fuse the interior and exterior offering you the ultimate Southern California Lifestyle. Enjoy the Southwest facing ocean views from your outdoor entertainment area, with expansive sundeck, outdoor kitchen with built-in 42” Wolf BBQ. (Listed by the Gillespie-Host Group and Built by Zivec/Corbett, Represented Buyer).

512 THE STRAND MANHATTAN BEACH

Oceanfront living in the most desired location on the South Manhattan Beach Strand! Enjoy views of the ocean, sand, Strand, Palos Verdes, Malibu and Catalina! If you’ve ever dreamed of owning a home in paradise, now is the time to create your dream home! (Represented Buyer).

528 15TH STREET MANHATTAN BEACH SALE PENDING: $6,850,000

SOLD FOR: $14,500,000 • 5 Bd / 3 Ba • Approx. 2,480 Sq. Ft.

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2015

TOP PRODUCER

JENNIFER CARAS

310.367.9129 | Jennifer.Caras@VistaSIR.com CalBRE# 01466213

132 28TH STREET HERMOSA BEACH

Perfectly located between the Manhattan Beach and Hermosa Beach piers, this home is the perfect combination of luxurious beach living with East Coast charm. Just 3 houses from the Strand, you can feel the ocean breeze and relish in the amazing ocean views. Finished with exquisite details and top of the line amenities throughout.

OFFERED AT: $4,299,000 • 4 Bd + Office / 4.5 Ba • 3,803 Sq. Ft.

2214 CLARK LANE #A REDONDO BEACH

Bright and inviting home with a versatile floor plan, featuring all bedrooms upstairs in addition to a bonus area. The kitchen is spacious with a center island and stainless steel appliances. Enjoy a breezy outdoor living space with a large grassy area, it’s perfect for BBQ’s and entertaining.

OFFERED AT: $1,029,000

• 4 Bd / 2.5 Ba • 2,261 Sq. Ft. • Detached Town Home

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Sotheby’s International Realty and the Sotheby’s International Realty logo are registered or unregistered service marks used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.

JOHN BATHURST

310.594.5705 | John@BathurstCoastalProperties.com BathurstCoastalProperties.com | CalBRE# 01977487

610 12TH STREET, MANHATTAN BEACH OFFERED AT: $6,495,000

• 4 Bd / 6 Ba • 4,254 Sq. Ft. • 3-Car Garage

Modern, architectural masterpiece located in the American Martyr’s neighborhood, this home gracefully juxtaposes alternating cubes of cool, blue-tinted glass and warm, reddish brown mangaris elegantly accented by an open air deck off the living room with spectacular views of Palos Verdes, Catalina and Malibu. The stunning open floor plan features expansive views from almost every room on the top floor, a gourmet kitchen that is finished with wenge cabinets, Viking appliances and bright caesarstone

counters and 2 separate living spaces. The master suite includes a separate glass enclosed sitting area with ocean views for peaceful reading & relaxing. Additionally, there is a dual-purpose home theater + entertainment area that also opens up to outside patio with peaceful water feature. For more information, including property film and virtual tour, check out CubesofCoolBlueGlass.com.

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CHUCK BUSCEMI & CATHY NOONAN

562.592.9826 | chuck@yourwaterfrontdreamhome.com orangecountycoastalrealty.com I CalBRE# 00933809 & 01237305

BELMONT SHORES CALIFORNIA SPANISH OFFERED AT: $1,995,000

• 3 Bd / 3 Ba • 2,299 Sq. Ft. • 4,473 Sq. Ft. Lot

Casa Espanol. Classic California Spanish restored to its mid-1920's grandeur. This Belmont Heights residence was built by Long Beach's largest bakery owner of the time. This breathtaking home features custom fresco hand painted crown moldings and ceilings. Gourmet kitchen, 6 burner Viking stove, Viking wine cooler, sub-zero wood panel door, separate kitchenette, laundry room, 1 /2 bath and library/ den. French doors off of formal dining

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and living room to outside courtyard to include beautiful lush garden, waterfall, pond and seating area surrounding fire pit. Upstairs 3 bedrooms with individual balconies, 2 bath, cedar walk in closets. Wood flooring and Spanish tile thru out. One car garage with guest quarters above. 275 St. Joseph Avenue, Long Beach

SPENCER SNYDER

562.355.0334 | Spencer@SpencerSnyderGroup.com SpencerSnyderGroup.com | CalBRE# 01912506

5668 NAPLES CANAL LONG BEACH OFFERED AT: $3,750,000

Welcome to one of the most coveted locations on Naples Island. This is a once in a lifetime opportunity to own one of the most unique Tudor style homes on Treasure Island. This home was originally built in 1929 and has been updated without sacrificing the original old world features. Large 50 foot open water dock can accommodate both power and sail boats. 5668NaplesCanal.com

• 3 Bd / 5 Ba • 3,349 Sq. Ft. • 075 Acre Lot

5915 E. SEASIDE WALK LONG BEACH OFFERED AT: $3,295,000

Ideally situated on the coveted stretch of sand known as "The Peninsula". All 3 levels boast unobstructed Catalina, ocean and sunset views. Step off the boardwalk into your entry-level family/ beach room complete with full bath. 2nd floor offers living room, chef’s kitchen, patio and bar seating. The entire 3rd floor encompasses 2 large master suites. 5915SeasideWalk.com

• 4 Bd / 5 Ba • 4,193 Sq. Ft. • .059 Acre Lot primeluxury.com |

You're In Great Hands With Manhattan Pacific

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RICHARD HAYNES

310.379.1724 | richard@manhattanpacific.com | manhattanpacificrealty.com | CalBRE# 01779425

216 9TH PLACE MANHATTAN BEACH OFFERED AT: $3,899,000

• 3 Bd / 4 Ba • 2,012 Sq. Ft. • .03 Acre Lot

Contemporary beach stunner in the heart of downtown just seconds away from the South Bay's hottest restaurants. Unobstructed panoramic views of the Manhattan Beach pier to the Palos Verdes Peninsula showcased by 25 feet of folding glass doors. The top floor is finished with Innova Concrete Porcelain tile including the veranda making the home's inside and outside one. Furthering this effect is the tongue and groove ceiling detail made of richly stained Thermory Ash wood. Well placed skylights and floor-toceiling windows complete this unique living space. A gorgeous polished quartzite kitchen island is framed with three statement pendants. The first floor bedroom includes an en-suite bathroom and sizable closet. Ascend the stairs to the two bedroom second floor with an expansive master suite that includes a walk-in closet and huge master bathroom. The master bath features a freestanding soaker tub highlighted by a three-dimensional limestone tile and a dual sink floating vanity. primeluxury.com |

ROB FREEDMAN

310.606.2603 rob@freedmangeilman.com freedmangeilman.com CalBRE# 00711607

GREG GEILMAN

310.606.2603 greg@freedmangeilman.com freedmangeilman.com CalBRE# 01788567

714 MARLITA, HERMOSA BEACH OFFERED AT: $6,495,000

• 6 Bd / 5 Ba • 10,000 Sq. Ft. • Office • Gameroom

This spectacular modern masterpiece was custom built by the developer in 2013 as his own residence and offers sweeping panoramic whitewater views from the top of the Hermosa hill section towards Palos Verdes and Catalina island. Elegant and opulent, with an open entertainment floor plan, large pocket doors and glass drink in the views and intimately connect indoors 20 | primeluxury.com

and outdoors in a way that refined architecture can. Amazing reverse floating ceiling details throughout the living area. A superlative living room with beautiful ocean views, stacked rock fireplace, and wall to wall bookcase. The backyard has a large elevated stone spa, built-in BBQ, and lots of lounging eating and gathering space. freedmangeilman.com

GERARDBISIGNANO COASTALLUXURYLIVING.COM

GERARD BISIGNANO

310.990.4727 | Gerard@CoastalLuxuryLiving.com CoastalLuxuryLiving.com | CalBRE# 01116110

ULTIMATE BEACHFRONT LIVING OFFERED AT: $7,750,000 • 3 Bd / 4 Ba • 3,081 Sq. Ft.

PICTURESQUE ROLLING HILLS ESTATE HOME OFFERED AT: $2,249,000

• 3 Bd / 3 Ba • 2,364 Sq. Ft. • Sweeping City Views

Just steps from the sand, this contemporary home was designed by notable architect, Dean Nota. Luxurious finishes and fabulous panoramic views can be found on every level! The master suite is accented by a private bath with double showers and steam room. The gourmet kitchen features granite counters & stainless appliances. 718 The Strand, Hermosa Beach

This exclusive Rolling Hills home sits on over 2 acres of property in one of the most desirable areas in the city. The estate features 2,364 square feet of living space, 3 bedrooms, 3 bathrooms, and 2 large country-style fireplaces and a private office area currently used as a 4th bedroom. Magnificent city, coastline, and canyon views from the entertainer's backyard with a swimming pool, jacuzzi, and gazebo. There are fruit trees and an animal pen area that can be set up for horses with direct access to trails. A complete remodel took place in 2005. Finishes were replaced with top of the line appliances, granite, stone and wood throughout. This extraordinary home showcases the classic Rolling Hills lifestyle. 6 El Concho Lane, Rolling Hills

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SMART DATA

LUXURY REAL ESTATE MARKET TRENDS

MEDIAN HOME PRICE: JAN - MAY 2016 VS. JAN - MAY 2015 0

100,000

125,000

250,000

500,000

750,000

2015

SOUTH BAY

250,000

350,000

500,000

1,000,000

1,500,000

2015

RANCHO PALOS VERDES

2015

$1,740,000 $1,269,000 $1,386,250

2015

$1,208,000

2016

$1,250,000

2015

$1,512,000

2016

$1,375,000

HOMES SOLD: JAN - MAY 2016 VS. JAN - MAY 2015 25

SOUTH BAY

LOCATIONS

HERMOSA BEACH

100

250

500

2015

100

2016

PALOS VERDES ESTATES

2015

RANCHO PALOS VERDES

2015

106

2016

108

22 | primeluxury.com

126

2016

135 67

2016

2015

113

2016 2015 2016

138 24 41

SOUTH BAY

150

175

200

LOCATIONS

HERMOSA BEACH

2015

ROLLING HILLS ESTATES

1250

682

MANHATTAN BEACH

REDONDO BEACH

1000

PRICE PER SQ FT

-5.8%

$1,077 $988

4.7%

$1,055 $1,121

0.9%

$705 $724

9.2%

$567 $563

3.5%

$575 $607

-9.1%

$583 $613

AVERAGE DAYS ON MARKET: JAN - MAY 2016 VS. JAN - MAY 2015

616

2016 5

750

$742 $743

GROWTH

3,000,000

$1,725,000

2016

ROLLING HILLS ESTATES

2,500,000

$2,250,000

2016

REDONDO BEACH

2,000,000

$2,150,000

2016

PRICE PER SQ FT

-2.2%

$1,570,000

2015

PALOS VERDES ESTATES

GROWTH

$1,667,500

2016

MANHATTAN BEACH

3,000,000

$1,444,500

2015

HERMOSA BEACH

2,000,000

$1,477,500

2016

LOCATIONS

1,000,000

RANCHO PALOS VERDES

2015

2016

125

56 88 73 71

2016

2015

100

2016

2015

125

2016

2015

100

2015

PALOS VERDES ESTATES

2016

2015

ROLLING HILLS ESTATES

2015

MANHATTAN BEACH

REDONDO BEACH

70 43 47 68 72

All reports presented are based on data supplied by the CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) or their MLSs. Neither the Associations nor their MLSs guarantee or are in any way responsible for their accuracy. Data maintained by the Associations or there MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed. *Data does not include off market or pocket listings *Homes sold over $1,000,000

JUSTIN MILLER

310.619.9389 | mrjustinmiller@gmail.com tolivebythesea.com | CalBRE# 01425870

To Live, Live by the Sea

15 SWEETBAY RD, RANCHO PALOS VERDES OFFERED AT: $2,399,000

• 4 Bd / 3.75 Ba • 3,149 Sq. Ft. • 33,279 Sq. Ft. Lot

In a scenic, private gated community in Portuguese Bend, this magical property is what Southern California living is all about. Views of the Pacific & Catalina are framed by lush landscaping with an ocean breeze that will make you forget the stresses of city living. This amazing property boasts 3,149 SF of incredible living space to include 4 Bedrooms and 3.75 Bathrooms across one level. The 33,279 SF lot affords complete privacy and tranquility that you may never want to leave. A masterful renovation & expansion has retained the home's mid-century lines, incorporating warm woods & stone throughout providing welcoming character. An open floor plan makes this the perfect home to entertain in. Huge chef's kitchen with All information from various sources deemed reliable but not guaranteed. All parties to verify.

sub-zero refrigerator and Viking appliances opens onto an outdoor dining patio with outdoor kitchen. Retreat to your impressive master suite and enjoy a spa-like master bath. A guest house sits behind the main house, perfect for guests, an in-law suite, maids quarters or large office. 3-car garage parking. Just minutes from Terranea Resort, Trump Golf Course, great local schools, and the Peninsula Center. An abundance of outdoor activities surround you, to include: hiking, horseback riding, surfing, jogging paths, sailing, and of course beach access. This property is a true sanctuary, offering a relaxed and luxurious environment that now awaits its next lucky owner. primeluxury.com |

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NEIGHBORHOOD HIGHLIGHT QUICK STATS:

JAN - MAY 2016

MANHATTAN BEACH

AVERAGE PRICE PER SQ FT

$1,121

Rosecrans Ave High land

MANHATTAN VILLAGE

Ave

HOMES SOLD

$2,250,000

Manhattan Beach Pier

HILL SECTION

hatt Man

135

Sepulveda Blvd

SAND SECTION

ve an A

AVERAGE DAYS ON MARKET

Marine Ave

(HEIGHTS / LIBERTY VILLAGE) Manhattan Beach Blvd

Aviation Blvd

MEDIAN HOME PRICE

TREE SECTION

EAST MANHATTAN (MIRA COSTA)

Pacific Ocean

Artesia Blvd

JAN - MAY 2016 MEDIAN SELLING PRICE

AVERAGE PRICE PER SQ FT

HOMES SOLD

AVERAGE DAYS ON MARKET

HILL SECTION

$3,700,000

$1,434

HEIGHTS / LIBERTY VILLAGE

$1,350,000

$995

MANHATTAN VILLAGE

$1,650,000

$743

MIRA COSTA

$1,792,000

$791

SAND SECTION

$2,736,000

$1,538

TREE SECTION

$2,500,000

$1,000

AREA

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KRISTEN NOVOA

310.650.1078 | Kristen.Novoa@sothebysrealty.com SouthBayOpenHouse.com | CalBRE# 01291929

3120 THE STRAND MANHATTAN BEACH

Custom built and situated on a corner walkstreet location that maximizes beach frontage and ocean views. Come home to the Gold Coast of Manhattan Beach. Park and relax after a busy day at work, or fly in and have your driver drop you at your vacation home on the beach.

OFFERED AT: $16,000,000 • 5 Bd / 3.5 Ba

3320 THE STRAND HERMOSA BEACH OFFERED AT: $9,985,000

Custom home inspired by a Mondrian painting. City aesthetics meet cozy beachfront finishes. Be inspired to create something as you hypnotically stare out at the ocean. What’s to see? Paddle boarders, waves, dolphins, sailboats, beach volleyball games, a living painting. Modern sophistication on the beach.

• 3 Bd / 3.5 Ba

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2816 VIA ANACAPA PALOS VERDES ESTATES OFFERED AT: $3,999,000

• 5 Bd /4 Ba • 5,727 Sq. Ft. • 16,355 Sq. Ft. Lot

980 VIA RINCON PALOS VERDES ESTATES OFFERED AT: $4,995,000

• 5 Bd / 5.5 Ba • 7,239 Sq. Ft. • 16,733 Sq. Ft. Lot

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Just reduced — This private gated estate exudes Southern California elegance. The two-storied entryway is adorned with stained glass and clerestory windows to welcome guests and sunshine alike. The dramatic wrought-iron staircase leads to upstairs sleeping quarters, while downstairs entertaining and living spaces abound. The local indoor/outdoor lifestyle is encouraged throughout, with wall-to-ceiling doors that open to surrounding gardens and patios featuring a full kitchen and bar, pond with waterfall, spa with privacy, and a lovely loggia offering fireside seating. The upstairs master suite is an impeccably appointed retreat that opens to a large heated balcony boasting ocean views, second outdoor kitchen, and ample relaxing area.

Coming soon — Newly built by one of the most respected builders in Palos Verdes & sitting on one of the best streets in PVE with city & ocean views. This beautiful new gated estate features 7000 feet of living and entertaining space, a large flat yard that has a sparkling pool & a massive lawn for the children to play & perfect for entertaining. As you enter the home you will be taken by the large elegant living room with 20+ foot tall ceilings and a beautifully appointed fireplace. Other features include a gated driveway, three stop elevator & a 3 car garage. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered or unregistered service marks used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.

DARIN DERENZIS

310.418.6210 | darin.derenzis@VistaSIR.com | edlerderenzis.com | CalBRE# 01760239

RICK EDLER

310.872.4333 | rick.edler@VistaSIR.com | edlerderenzis.com| CalBRE# 01113145

3004 PASEO DEL MAR PALOS VERDES ESTATES OFFERED AT: $4,399,000

• 5 Bd / 4.5 Ba • 5,576 Sq. Ft. • 15,884 Sq. Ft. Lot

2845 VIA SEGOVIA PALOS VERDES ESTATES OFFERED AT: $4,399,000

• 4 Bd / 3.5 Ba • 4,181 Sq. Ft. • 16,386 Sq. Ft. Lot

Mediterranean styled 5 bedroom home with ocean views. Dramatic entry flows to the living, dining, and family rooms with a grand spiral staircase leading to the upper level. The spacious kitchen with separate eating area features high end appliances and amenities and opens to the adjacent family room. The formal dining room can accommodate an enormous table for large gatherings. One bedroom suite is located on this main level perfect for guest quarters or office. The upper level with panoramic ocean views has balconies off the master suite and one additional suite. This luxurious estate is conveniently located in Lunada Bay near all three levels of schools, a short distance from beautiful ocean front Terranea Resort and Trump Golf Course.

Situated on a large corner lot in prestigious Lower Lunada Bay, this completely remodeled home inspires true Southern California living. The open floor plan flows seamlessly from indoors to out, creating space for relaxation and entertaining alike. Exquisite finishes make quality impressions throughout, including 9-foot entry doors, opening to 15-foot soaring ceilings, French oak floors, limestone counters, custom cabinets and top of the line appliances including at 120 bottle wine captain. Master suite and bath features impeccable design and quality. Ample poolside seating is graced by picturesque landscaping and warm ocean breezes. Walk to award-winning schools, breathtaking bluffs, local shopping, dining and services. primeluxury.com |

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PRIME PROPERTY MASTERPIECE

2101 Rosita Place, Palos Verdes Estates, CA 90274

VILLA BY THE SEA

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Offered by Chris Adlam | 310.421.2606 Vista | Sotheby's International Realty | ChrisAdlam.com

LIST PRICE: $12,500,000

Steeped in history and surrounded by pristine California coastline, this Spanish-inspired 3,453-square-foot estate in Palos Verdes Estates is unique in every sense of the word. WRITTEN BY DIRK VOGEL PHOTOGRAPHY BY PETER MCMENAMIN

Enjoy the view: Perched upon the bluffs, Casa Felicia boasts 270 feet of ocean “frontage” offering some of the finest panoramic views in Palos Verdes Estates.

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•

PRIME PROPERTY MASTERPIECE

itness natural beauty and California luxury like never before. Overlooking a stunning piece of coastline from a 1.5-acre lot on the Palos Verdes bluffs, the Spanish-inspired estate at 2101 Rosita Place combines ocean views, artisanal touches, and natural beauty into a one-of-a-kind package. Built in 1925 according to the vision of renowned architect Myron Hunt, the 3,453-square-foot villa is the standout property in a community of standout properties. Even the origin story of the home, playfully named “Casa Felicia”, reads like the stuff of legend. “In 1925, famed landscape architect Frederick Law Olmsted Jr. helped plan the city of Palos Verdes Estates,” said Chris Adlam, listing agent at Vista Sotheby's International Realty. “In appreciation for his vision, the city allowed him to choose any lot in the city to build his personal residence. He chose 2101 Rosita Place.” The famous architect, widely known for his eye for natural beauty and land conservation efforts across the country, could not have chosen a more pristine setting. Perched upon the hilltop and shielded by fragrant eucalyptus trees, Casa Felicia boasts 270 feet of ocean-facing land with views of the Pacific Ocean, coastline, and Santa Monica Bay. Available for purchase for the first time in over 50 years, it’s the ultimate combination of old world charms and proximity to nature.

ONE-OF-A-KIND CALIFORNIA LUXURY

Approaching the Casa via a serpentine driveway crafted from oversized Mexican bricks leaves no doubt: You are entering a special place. Stepping inside through the hand-finished wooden door, the home unfolds a welcoming atmosphere with a hand-picked blend of artisan touches and carefully orchestrated updates. “Thick plaster walls, the hand-made tile roof and hand-carved doors all add to the overall charm and character,”

said Adlam. Under vaulted ceilings, light-filled rooms unfold onto an open floor plan connecting 4 bedrooms and 3.5 baths. Rustic charms abound, including hand-crafted fireplaces, tile floors, and ornamented wood pillars, as well as the dramatic skylight in the scenic dining room. Most of all, Casa Felicia invites buyers to realize their own vision, said Chris Adlam. “Part of the appeal of this home is that it offers so much to so many buyers. From someone who wants to design their dream home on a huge, flat parcel of land, directly on the Palos Verdes bluffs, to someone who appreciates the Old Spanish character that can’t be recreated.” Outside, Casa Felicia continues to impress with meticulous landscaping and unique features such as hand-made fountains and the Coliseum, a generous rotunda flanked by stone walls that has been the site of weddings and family celebrations. But the true standout, and the reason the property was hand-picked by Frederick Law Olmsted Jr. in 1925, remains without a doubt, the views. “The most remarkable feature of the property would have to be the view and proximity to the ocean. There are a finite number of homes, ‘on the bluff’ of the Pacific Ocean. And this one happens to be located in one of the most desirable cities in the state,” said the agent, who was born and raised in the South Bay and lives in Palos Verdes Estates with his wife and two daughters. “When Frederick Law Olmsted Jr. designed the city of Palos Verdes Estates in 1925, his vision was that approximately 25% of the city remain permanent ‘open space’ so Palos Verdes would always retain its rustic charm,” said Adlam, adding: “There are no street lights or traffic signals. It also hosts one of the top school districts in the entire state. Combined with world class golf, ocean breezes and low crime, Palos Verdes Estates is an incredible place to call home.” For chance to witness this unique property in real life schedule a showing at www.ChrisAdlam.com.

"This property is a once-in-a-lifetime opportunity, combining view, land, and architectural prominence. Usually, significant properties have one or maybe two of these three features. It’s extremely rare to find all three in the same property."– Chris Adlam, listing agent, Vista Sotheby's International Realty.

Old World charms: The estate’s gardens feature lush landscaping and rustic stonework.

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VILLA BY THE SEA

Artisanal touches and handcrafted ornaments culminate in the estate’s dining room under the expansive skylight.

Artful symphony: Ornamented wood pillars frame the ocean views in the living room.

Private paradise: The viewing balconies invite casual lounging in the ocean breeze.

Bird’s eye view: The unique location for Casa Felicia was chosen by landscape architect Frederick Law Olmsted Jr. in 1925.

The Casa’s outdoor spaces are adorned with charming details like this viewing nook.

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TERRI TSUCHIDA

310.971.8098 | territsu@yahoo.com | CaBRE# 01154551

COMING SOON: HERMOSA BEACH SAND SECTION PRICE UPON REQUEST

• 6 Bd / 6 Ba • 6,528 Sq. Ft.

Situated on a half acre lot, this property is a rarity in Hermosa Beach. Just a short walk from the sand, downtown, shops and restaurants this gorgeous property features a 6,500 square foot main residence as well as a guest house. Other features including a home theatre, sparkling pool and lush landscaping make this property really feel like your own private resort. Located in the Central Hermosa Beach Sand neighborhood, this house is a true steal and worth the wait! 32 | primeluxury.com

SUZANNE DYER

310.265.2112 | stdyer@aol.com | www.SuzanneDyer.com | CalBRE# 01054310

Top 100

Berkshire Hathaway HomeServices Agents in the Nation*

1271 VIA LANDETA, PALOS VERDES ESTATES OFFERED AT: $3,750,000

• 5 Bd / 6.5 Ba • 6,828 Sq. Ft. • .345 Acre Lot

Incredibly rare find in Lunada Bay. Completely remodeled contemporary with spectacular ocean views from almost every room. The current owner engaged Harvard-educated architect Risa Narita to rework the interior into an open floor plan on the main level that brings in the view while creating a very functional house for entertaining and children. The remodel upgraded every room in the house, including a glass bridge to the 2nd master suite and high end stone and tile work throughout. The elegant,

expansive kitchen lets the cook see both the ocean view and the kids in the family room. The lower level features a media room, gym, office, project room, sauna, wine cellar, and separate storage area. Located in one of the most sought after neighborhoods in PVE, this home is walking distance to award-winning PV High School, Intermediate School, and is a quick drive to the Lunada Bay Elementary.

*Based on 1st quarter closings. ©2016 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc. ® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.

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JOHN CAPELLARO

310.463.4100 | cap@jcaprealty.com | rondadrive.com | CalBRE# 01842507

ONE-OF-A-KIND OFFERED AT: $14,900,000 • 6 Bd / 9 Ba • 9,095 Sq. Ft. • 9/10 Acre Lot • 9 Fireplaces • 8 Garage Spaces

Two large, distinct and separate parcels have been masterfully blended into one unique and private estate: the largest in Manhattan Beach. The property includes an elegant main house, pool house and guest cottage with stone clad, copper roofed gazebo with fireplace for year-round outdoor entertaining. Each building is designed with nostalgic nods to French Country architecture. Water conscious gardens edge the perimeter of this peninsula estate. There is space for a game of croquet or quiet sanctuary on the lawn alongside the sparkling blue heated pool waters and for the ultimate in privacy there is a sprawling “secret garden” between the guest house and main house, a priceless feature in an otherwise crowded city. For the luxury car connoisseur, the property offers 8 garage spaces. Privacy—is the cornerstone of this unique property located within a mile from the sands along Manhattan Beach. This is a rare offering...the secret is out! 1155 & 1165 Ronda Drive, Manhattan Beach. RondaDrive.com ©2016 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Coldwell Banker Residential Brokerage office is owned by a subsidiary of NRT LLC. Coldwell Banker® and the Coldwell Banker Logo, Coldwell Banker Previews International® and the Coldwell Banker Previews International Logo, are registered service marks owned by Coldwell Banker Real Estate LLC. Broker does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by seller or obtained from public records or other sources, and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals.

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DAN O’CONNOR

310.261.7756 | dan@oconnorproperty.com | oconnorproperty.com | CalBRE# 01384632

MANHATTAN BEACH HILL SECTION NEW CONSTRUCTION OFFERED AT: $3,650,000 • 4 Bd / 4 Ba • 3,600 Sq. Ft. • 7,200 Sq. Ft. Lot

This home is so much more than meets the eye, it features many elements that you don’t find in other new homes, such as Vantage Lighting System that allows you to control the whole house with a push of a button, LED canned lights throughout that keep the energy bill low, super high efficacy multi-zone forced air heating controlled by the Nest Thermostat. This large lot features a sunny back yard with plenty of room to throw the ball around and showcases a beautiful pool (with automated pool cover built-in) and spa which all can be controlled with a push of a button. Also included is a separate electric meter for the garage to supply power specifically for an electric vehicle (savings in electric bill charges could apply). Other features include outdoor heated patio and builtin BBQ perfect for entertaining, built-in speakers in multiple locations in the home, tank-less water heater, top of the line kitchen appliances, Large living room, formal dining room, hardwood floors throughout, gorgeous Master bedroom with rain shower and separate tub, hand-laid brick driveway and front walkway, outdoor shower and much more.This is part of the G9 Development Collection of custom designer smart homes. Located in the award winning Manhattan Beach School District. 1033 8th St, Manhattan Beach primeluxury.com |

717 24TH STREET, HERMOSA BEACH OFFERED AT: $4,499,000 â&#x20AC;˘ 4 Bd / 5 Ba â&#x20AC;˘ 5,167 Sq. Ft.

Brand new construction tucked away on a quiet, low traffic, cul-de-sac street in Hermosa Valley offering unobstructed panoramic views from Catalina to the Palisades. For those seeking dynamic ocean views, this is one to be experienced! 717 24th Street presents an intelligent design complimented by top of the line designer finishes and fixtures. This contemporary classic opens wide to the natural beauty that surrounds it; fully retracting disappearing doors on both the upper and lower level open to the pool-sized yard on the lower level and a walk out view deck on the upper level. The home literally breathes with ocean breezes and natural light. Offering 4 bedrooms with 11 ft ceilings, 5 baths each with custom handmade tiles and designer fixtures. Very thoughtfully planned with exceptional ideas for storage and utility throughout. Built to capture and maximize ocean views from as many vantage points as possible as you move throughout the property. Hugely oversized 4-6 car garage.

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JENNIFER & DAVE CASKEY

310.374.1800 | dave@caskeyandcaskey.com | caskeyandcaskey.com | CalBRE# 01198999 & 01075946

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JOSH ALTMAN

310.819.3250 | Josh@TheAltmanBrothers.com | TheAltmanBrothers.com | CalBRE# 01764587

MATTHEW ALTMAN

310.819.3250 | Matthew@ TheAltmanBrothers.com | TheAltmanBrothers.com | CalBRE# 01874316

HACIENDA DE LA PAZ OFFERED AT: $53,000,000 • 9 Bd / 25 Ba • 51,000 Sq. Ft. • 8 Acre Lot

One of the most celebrated architectural masterpieces in North America, Hacienda De La Paz is situated on 8 majestic acres on the Palos Verdes Peninsula. Designed by world renowned Spanish architect Rafael Manzano Martos, the estate is modeled after a 19th century Andalusian estate and is both a tranquil retreat for intimate family life and a grandiose setting for large-scale entertaining. The 18th-century Neoclassical ballroom is one of California's largest while the 10th-century hamam features a spa experience that rivals the finest resorts in the world. Capturing magnificent ocean, mountain and city views, Hacienda De La Paz is surrounded by immaculately manicured grounds and nestled within the only guard-gated city in America, Rolling Hills, a blissfully quiet coastal community minutes from the heart of Los Angeles. From the awe-inspiring architecture to the idyllic acreage, Hacienda De La Paz is a real estate rarity and one of the world's most unique private estates. © 2016 Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity. CALBRE 01947727. 150 el camino drive, suite 150, beverly hills, CA 90212. 310.595.3888.

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TRENDING

•

THE SOUTH BAY’S LUXURY REAL ESTATE PROFESSIONALS WEIGH IN ON CURRENT MARKET TRENDS

hen it comes to matching the right home with the perfect buyer, open houses have proven effective tools to generate buzz around a home and show its entertaining capacities. Then again, some prospective buyers may want time alone to get a feel for the place and its amenities in

private. So which is more effective? We asked South Bay luxury real estate experts Janet Irwin (Equity Brokers), John Capellaro (Coldwell Banker Previews International), and the Gillespie-Host Group (Vista Sotheby’s International Realty) for insights on this issue’s question:

WHICH IS MORE EFFECTIVE IN THE LUXURY HOUSING MARKET, AN OPEN HOUSE OR A PRIVATE SHOWING?

JANET IRWIN

A Long Beach resident for more than 35 years, Janet Irwin represents luxury home buyers and sellers at Equity Brokers drawing on extensive local knowledge and decades of experience as a real estate agent and entrepreneur. With offices in the heart of Naples, Equity Brokers has built a reputation as the go-to agency for fine homes in the South Bay’s waterfront communities.

“Naturally, it really depends on the individual home and seller. A key to working with sellers, and in real estate in general, is being flexible and creating a plan specific to each home and each seller. Staying keenly in tune with my clients, their needs and desires, the market and my experience are part of the individual plan. As a general rule, private showings indicate that a buyer has interest and is most often ready to buy. This often presents the quickest route to opening escrow. However, with open houses, some buyers become ready to buy when they visit a home that just captures a picture-perfect lifestyle. Choosing an open house versus a private showing also depends on the occupancy situation. If a home is vacant, frequent open houses are usually preferred. However, if the sellers reside in the home, infrequent open houses are most preferred to limit the disruption.”

Contact Tel.: 562.810.5166 Email: janet@janetirwinre.com 42 | primeluxury.com

JOHN CAPELLARO

With offices in Manhattan Beach, John "Cap" Capellaro represents buyers and sellers as the head of the John Capellaro Group at Coldwell Banker. Drawing on years of experience as a senior executive in the apparel and textile industry and vast knowledge of the South Bay luxury homes market, John relies on innovative electronic and traditional marketing techniques and relentless follow-through to deliver real wins for his clients.

“Easy, a private showing is more effective. An open house is certainly an important and effective way to introduce a property to the real estate community and a gesture of courtesy for neighbors to see a home. In that sense, an open house can get people talking about a property, which can be helpful. However, a private showing is the best way to nurture a sense of connection with a real buyer and to give that person or family the opportunity to picture themselves in a particular setting. It’s also a matter of price points. While open houses in a more moderate price category can be very effective, with dozens of eager buyers swarming the property creating a sense of urgency and competition, that is not the case for higher end properties. Unlike the moderately priced market, where buyers compete with dozens of other qualified buyers for limited inventory, the luxury home buyer has choices and doesn’t want to feel rushed. These buyers are already established and don’t often need to make quick decisions. A private showing – perhaps multiple private showings – is the only effective way to invite that love affair that leads to a purchase.” Contact Tel.: 310.463.4100 Email: cap@jcaprealty.com

GILLESPIE-HOST GROUP

An expert team of seasoned brokers and real estate agents, the Gillespie-Host Group at Vista Sotheby’s International Realty offers luxury home buyers and sellers many years of exceptional and skilled real estate experience in the beach cities. As lifelong residents of Manhattan Beach, Jack Gillespie, Maggie GillespieWright, Claire Gillespie-Waldron and Barry Host take personal pride in representing some of the finest properties in Southern California’s most sought-after communities.

“We believe that it is most effective to show a home in a private tour setting. Oftentimes luxury homes have amenities that cannot be fully demonstrated to a potential buyer during an open house. With an individual showing, a buyer will receive the undivided attention of the real estate agent and the opportunity to ask all of their questions. Our team collectively brings over 65 years of experience to our clients, and we welcome the chance to share it with a buyer in the more personal environment of a private showing. Our goal is to advise and support our buyers in making a well-informed decision before writing an offer and making perhaps one of the largest purchases of a lifetime. The GillespieHost Group strives to exceed our clients’ expectations and we welcome the chance to provide one-on-one time with buyers.”

Contact Tel.: 310.796.1617 Email: GHG@VistaSIR.com

Have a real estate question you would like answered? Submit your question to: info@primeluxury.com

DIGITAL LUXURY IN THE PALM OF YOUR HAND

INSTAGRAM. FOLLOW. DOUBLE TAP.

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Coastal Orange County • Interior Orange County • Los Angeles - West • South Bay

PRIME AGENT SPOTLIGHT

•

BRETT ZEBROWSKI

Initially, Brett Zebrowski’s stars were lined up for a career in the fitness industry. Freshly graduated from Virginia Tech with a double bachelor’s in Exercise Physiology and Nutrition, Brett was managing a series of health clubs when a friend pointed him towards real estate. “At first I wanted to pursue commercial real estate but my friend suggested that residential was a much better fit. And he was right,” said Zebrowski, who earned his real estate license in 2001. After a few years with a major firm, the energetic sports enthusiast saw the need for a luxury homes agency specialized in beach front properties. In 2006, Brett Zebrowski took the leap of faith and founded Palm Realty Boutique with headquarters in Manhattan Beach. Fast-forward to 2016 and Zebrowski is not only rich in experience, but also one of the South Bay’s most successful brokers. With over $400 million in personal sales, Brett has established Palm Realty Boutique as a go-to destination for high-end properties in the area. “When we first started, we were the new kid on the block – now we are one of the most tenured locally-owned real estate brokerages in the area. We’re also one of the few remaining independent companies without corporate ownership,” said Brett Zebrowski, adding: “I work with a hand-picked team of 50 agents and our company has closed over 1$ billion in sales at this point. I’m really proud of this achievement.” Between appointments for open houses, charitable events, and celebrating ten years in business, Brett found the time to field some questions for this issue’s Agent Spotlight. Congratulations on your ten-year anniversary with Palm Realty Boutique. Looking back, what made you decide to get into business for yourself ? The real reason was that I thought there was a better way to do business. Without all the corporate restrictions that ultimately benefit a large company, but not necessarily the clients or agents. When I realized such a company did not exist here, I went out and did it on my own. How would you describe your business model? Whereas most large-sized companies deal on volume with as many agents as possible, our agents are a select pool of professionals with extensive local knowledge. As a result, we have one of the highest per-agent sales volume in South Bay. At first that was considered a foreign thing, but even major brokers have taken notes from our business model. And how did you find your niche? Most of my clients are about my age and have the same hobbies, have kids, and we all swim in the same circle. I love living at the beach, and that’s the lifestyle I’m sharing with my clients. What were some of the biggest lessons from ten years of running Palm’? Everything was a new experience at first, and I started out by trying to emulate some of the companies that I admired. But what I learned was that companies tend to do things a certain way because it’s how they have always done it, without necessarily knowing why. Most of it turned out too rigid for me to replicate, so I had 44 | primeluxury.com

to find my own ways to excel and respond to changes in the market quickly. Speaking of changes, how has the real estate market in South Bay developed? When we started Palm’ in 2006, the market was still good. Then in 2007, the market started to turn and from 2008 to 2010 it was really bad. At the same time, I knew the companies that could survive this downturn would thrive later, and here we are. And how has the luxury segment here developed over recent years? In Manhattan Beach it has grown tremendously, and we’re seeing an influx of diversity in terms of where people are moving from and what they do for a living. I’m a big supporter of the Manhattan Beach Education Foundation, and at a recent breakfast somebody quoted a statistic that 65% of residents moved here after the year 2000. That’s an entirely new city! How have property values developed recently? Beach properties continue to appreciate, as there is no shortage of people willing to pay a premium to live close to the ocean. In the super high-end segment above $8 million, it seems like someone sets a new sales record every day. As the overall market goes, we have easily had 10 to 15% annual appreciation for the last five years. Some properties have even doubled in value, including some from $5 million to $10 million. Now with “Silicon Beach” attracting tech specialists from around the world, I don’t see it slowing down any time soon.

Agency: Palm Realty Boutique

Years Of Real Estate Experience: 15

Areas Of Expertise: High-end beach properties with a focus on Manhattan Beach and Hermosa Beach Born And Raised: Richmond, Virginia

Residing: Manhattan Beach, California

Education: Bachelor’s degrees in Exercise Physiology and Nutrition from Virginia Tech Hobbies: Coaching my kids’ sports, competing in triathlons, outdoors (biking, running, swimming) Contact: 310.678.7158 Brett@palmrealtyboutique.com Beachbrokerbrett.com

And finally, what makes the luxury market in South Bay special compared to its neighbors? In Manhattan and Hermosa Beach you can park your car and walk everywhere. We’re an outdoor community close to nature, people are always exercising, and it’s safe at night. Plus, the public schools are some of the best in California and the entire country. Most of all, there’s a real sense of community here – a real small-town feel, where kids can play outside and walk to school. It’s laid back, I wear flipflops and board shorts during the day time, and you’re surrounded by people who enjoy living by the ocean.

What is your agent doing to sell your luxury home?

? Contact a real estate agent showcased in Prime. primeluxury.com

Coastal Orange County • Interior Orange County • Los Angeles - West • South Bay

2702 THE STRAND, MANHATTAN BEACH OFFERED AT: $5,500,000

• 3 Bd / 3.5 Ba • 1,900 Sq. Ft. • Ocean-Front Living

This elegant rear unit town home is situated on a south facing corner location offering stunning unblockable ocean, pier, and Catalina views. Fall asleep to the sound of the surf and wake to cool ocean breezes and calming white water ocean views. The main living space located on the upper floor features gorgeous Brazilian cherry hardwood floors, exquisite kitchen with top of the line appliances and is conveniently adjacent to an expansive outside deck which makes this is an ideal extension of the upper 46 | primeluxury.com

level for entertaining family and friends. The over-sized entertainment balcony is appointed with a built-in BBQ, stove, refrigerator and beautiful ocean views. Just when you thought this lifestyle couldn't get any better enjoy having an attached 2-car garage with storage, plus 2 additional parking spaces. Come live the dream and join the lucky few who know what true beach life is all about. 2702TheStrand.com

GILLESPIE-HOST GROUP

716 THE STRAND, MANHATTAN BEACH OFFERED AT: $12,900,000

• 3 Bd / 2.5 Ba • 1,648 Sq. Ft. • 3,483 Sq. Ft. Lot • Panoramic Ocean Views

This prime Strand property located in picturesque South Manhattan Beach provides the perfect opportunity for you. The current home was built in 1909 and now, it’s your turn to create your dream home. If you have ever imagined owning a slice of paradise now is your opportunity, it really doesn’t get any better than this. Every day enjoy the beach lifestyle; just step outside to smell the salty air, feel the soothing ocean breeze and enjoy

breathtaking sunsets. Centrally located to all this beach town has to offer, luxury shopping and restaurants with a quaint small town feel. Fulfill your desire to surf, swim or just relax on the beach, the possibilities are endless and only stop at the limits of your imagination. Come explore 716 The Strand and the potential this exceptional beachfront location has to offer. 716TheStrand.com

NOTE FOR RENDERING: Conceptual rendering of a 7,000 sq. ft. waterfront beach home created by architect, Michael Lee, to inspire your imagination. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered or unregistered service marks used with permission. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully.

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Thank you for all of your continued support for the last 10 years! - Brett Zebrowski Broker/Owner

1918 MANHATTAN AVE, HERMOSA BEACH

10 YEARS AND GROWING BRETT ZEBROWSKI | 310.545.2490 |

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