Lunada Bay asks 24% less than Palos Verdes Estates as a whole.
Midcentury view streets on 150-foot bluffs above the Peninsula's best-known winter wave

Lunada Bay is the western neighborhood of Palos Verdes Estates: roughly 1,500 single-family homes on terraced streets above a half-moon bay whose bluffs rise about 150 feet over a cobble shore. About 84% of the houses were built between 1950 and 1979 (median 1963), on lots of about 10,000 square feet, inside the Olmsted-planned city whose deed restrictions date to 1923. Lunada Bay Elementary sits at the south end and Palos Verdes High on the bluff at the north. As of September 2026, only three homes inside our map were for sale, asking about $2.8 million to $6 million. The bay is a public big-wave surf spot, not a sand beach.
Sources: U.S. Census Bureau, ACS 5-year 2019–2023; neighborhood facts compiled by The Slava House.
A high terrace of houses above a half-moon bay.
Lunada Bay is the western edge of Palos Verdes Estates, where the Peninsula turns to face the open Pacific. The name fits the water: lunado, lunada in Spanish means shaped like a half moon, and from the benches on Paseo Del Mar you can see the curve. USGS elevation data puts the bluffs above the bay at about 150 to 170 feet, over a shore of cobbles and rock.
Above the bay is a broad residential terrace. Curving streets of single-family homes climb from Paseo Del Mar toward Palos Verdes Drive West, with a few shops at Lunada Bay Plaza, Lunada Bay Elementary at the south end, and Palos Verdes High School on the bluff at the north end. Nothing here pulls through traffic. There's no boardwalk and no hotel.
The neighborhood sits inside the plan the Olmsted Brothers drew for Frank Vanderlip's Palos Verdes Project: deed restrictions recorded in 1923, an Art Jury that still reviews every exterior change, and city parkland that covers about 28% of Palos Verdes Estates. The 1920s plan called for much more here. Lunada Bay Plaza was meant to be the project's largest business district, with a theater and a post office, and the bay was supposed to get a yacht harbor and a seaside pool. None of it was built.
The streets filled in after World War II instead, which is why the houses read as midcentury ranch rather than 1920s Spanish. Day to day you get quiet streets, with a public school at each end.

Lunada Bay asks 24% less than Palos Verdes Estates as a whole.
A square foot in Lunada Bay costs 8% less than across Palos Verdes Estates.
Listings in Lunada Bay have been on the market 18 fewer days than across Palos Verdes Estates.
Homes for sale in Lunada Bay are about the size of those across Palos Verdes Estates.
Each card sets the median in Lunada Bay against all of Palos Verdes Estates. The arrow on a card lists every Palos Verdes Estates neighborhood we cover. Asking prices for homes on the market right now inside each mapped area, not sale prices. Updated October 17, 2026, 10:00 AM PT
4 active listings in the mapped area
I’m a Realtor based in Long Beach, and Palos Verdes Estates is one of the cities I work most. Tell me what you’re after in Lunada Bay and I’ll help you get there.
Slava Ploshkin · DRE #02323623English and Russian · How I work in Palos Verdes Estates
The restaurants, cafes, shops, parks, and landmarks that give Lunada Bay its everyday character, most within a short walk.
7 places
Pick one and I’ll show you where it is.
Beach10 min walk
The bay itself: bluffs about 150 feet high, a cobble shore with no sand, and steep trails down. It's public and part of the city's Shoreline Preserve.
Go for the benches at sunset. Go down only in real shoes and after checking the tide.
Shopping10 min walk
The market side of Lunada Kitchen & Deli at 2201 Palos Verdes Drive West: groceries, wine, fresh juice, made-to-order sandwiches and cheese boards, open every day.
Restaurant10 min walk
The restaurant side of the same business: scratch-cooked brunch, burgers and beer on tap, with a patio that looks out to Catalina. Open Wednesday through Sunday.
Coffee10 min walk
A small coffee shop in Lunada Bay Plaza with tables inside and a few seats out front.
Restaurant5 min walk
Regional Mexican cooking at 2325 Palos Verdes Drive West since 2016, open Tuesday through Sunday for lunch and dinner.
Park5 min walk
The small park with a pergola and lawn beside the plaza, opened in 2005, where the neighborhood holds summer concerts and community events.
Recreation20 min walk
The blufftop path along Paseo Del Mar between Bluff Cove and Lunada Bay, with the ocean on one side the whole way.
Most were built from the 1950s to the 1970s, and only about 7% since 2000.
The typical Lunada Bay house is a ranch-style home from the 1950s, 1960s or 1970s. LA County Assessor records for the roughly 1,500 single-family parcels inside our map put the median year built at 1963, the median house at about 2,650 square feet, and the median lot at about 9,900 square feet; half of all lots fall between about 8,300 and 12,700.
Price splits by row. Bluff-rim homes along Paseo Del Mar and the streets that dead-end at the edge hold the first-row ocean and Catalina views and carry the top prices. One street back, the terrace tilts enough that second- and third-row homes often still see water over the roofs in front of them, for less money.
Rebuilding is the visible change, but it's slower than it looks from the street: only about 7% of the houses here have a build year of 2000 or later. Each new house goes through the Palos Verdes Homes Association's Art Jury and, for bigger projects, a city Neighborhood Compatibility hearing. So you're choosing between two different purchases on the same street: a finished newer house at full price, or an original ranch priced mostly on land and view. Decide which one you're buying before you tour.
On the rim there's also the bluff itself to check: the geology of that stretch, setbacks, drainage, and what the city has repaired nearby.

A 1961 shipwreck still sits on the rocks, and a lawsuit over who can surf here was settled in 2024.
The bay isn't a towel beach. The shore is cobble and rock under the bluff, reached by steep trails, with no lifeguard and no facilities. What it has instead is tidepools at low water and, on winter swells, one of Southern California's best-known big-wave breaks, which the Palos Verdes Library District says surfers have ridden since the 1960s.
On March 13, 1961, the Greek freighter Dominator, a World War II Liberty ship carrying wheat from Vancouver toward Los Angeles, ran aground in fog at Rocky Point, the headland on the bay's north side. Tugs couldn't pull her off, the surf eventually broke her in two, and rusted pieces still sit on the rocks below the point. In 1959 a resident had proposed a 1,500-boat marina in the bay; it lost a community vote 78 to 76, and in 1969 the city set its coastline aside as the Palos Verdes Estates Shoreline Preserve.
Then there's the localism. For decades local surfers known as the Bay Boys ran off outsiders, using a stone-and-wood patio they'd built at Rocky Point as a clubhouse. Two visiting surfers sued the group and the city in March 2016, and that November, under Coastal Commission pressure, the city tore the patio out. The federal case failed, but a state appeals court revived a Coastal Act claim against the city in 2023, and in September 2024 the city settled. It agreed to add stone benches, a better bluff path, and signs saying the beach is open to everyone, and to sweep for illegal structures under a five-year consent decree. The bay is public, and visiting surfers paddle out.

Three public schools are inside the neighborhood, and the plaza covers daily errands.
Daily errands happen at the plaza on Palos Verdes Drive West: Lunada Kitchen & Deli for groceries, sandwiches and a patio facing Catalina, Java Wave for coffee, Salsa Verdes for dinner. Golden Cove on Hawthorne Boulevard, a few minutes south, adds a Trader Joe's and more restaurants, and everything else is down the hill in the beach cities.
Schools are a big part of the draw. Lunada Bay Elementary is on Paseo Lunado, Palos Verdes Intermediate is on Via Olivera, and Palos Verdes High is on Cloyden Road, all in the Palos Verdes Peninsula Unified School District. PV High opened in 1961 as the Peninsula's first public high school, on a campus by Richard Neutra and Robert Alexander with local architect Carrington Lewis; it closed in 1991 when enrollment fell and reopened in the early 2000s. Assignments go by address, and the district's School Locator tells you which schools a house feeds.
The drive is what you give up. Lunada Bay is about as far from the freeways as Palos Verdes Estates gets, and every trip starts with Palos Verdes Drive West or the climb over the hill. On weekends the distance works in your favor: the whale-watching lawn at Point Vicente and the tidepools at Pelican Cove are about ten minutes south.

The row you're on matters most, then the condition of the house.
Very little is for sale at any moment. As of September 2026 the MLS showed three single-family homes for sale inside our Lunada Bay map, asking roughly $2.8 million to $6 million, out of about 1,500 houses. Across all of Palos Verdes Estates there were 26 homes for sale, with a median asking price near $5.4 million.
Within the neighborhood, the first row is the scarce asset. Bluff-rim homes price above everything behind them, and the terrace steps down in tiers, with real water views often surviving two and three streets back.
Then condition. A finished rebuild and an original 1960s ranch on the same street are different products for different buyers. Sellers of originals are pricing land plus view, and I'd value them the same way, with Art Jury and city review time built into the plan.

Four things to settle, one of them a police parcel tax.
For a bluff-edge house, get the geology of that stretch, any slope or drainage work in the file, the setbacks, and the city's repair record along the edge next to it. Ask early and in writing. The answers should shape your price, not turn up as a surprise in escrow.
Every exterior change in the city needs Palos Verdes Homes Association Art Jury approval, and bigger additions and new houses also go to a Planning Commission hearing, with notice to neighbors, under the city's Neighborhood Compatibility rules. State law now makes the city approve a qualifying ADU within about 60 days, but the Art Jury still reviews its exterior. The homes association also says unapproved work often surfaces at resale, when buyers are usually required to bring it into compliance, so ask for the approval history.
Most of Lunada Bay sits outside CAL FIRE's hazard zones, but about 9% of the homes inside our map fall in a Very High Fire Hazard Severity Zone on the state's March 2025 map, and roughly 8% more in High or Moderate. In a High or Very High zone, California law requires the seller to give you defensible-space documentation. Get an insurance quote for the exact address during your contingency period.
Budget for the police parcel tax too. Palos Verdes Estates is the only Peninsula city with its own police department, funded partly by Measure E: $342 per parcel plus 20 cents per square foot of building, which expires June 30, 2027. A citizen replacement failed in June 2026 with about 41% yes, and on November 3, 2026, voters decide Measure PVE, which would raise the base to $1,025 a year through 2033 and needs two-thirds approval.

2 active rentals in the mapped area
Yes, if you want ocean views, quiet streets and PVPUSD schools more than walkable nightlife. Lunada Bay is almost all single-family homes on a terraced slope above the bay, with Lunada Bay Elementary at the south end, Palos Verdes High on the bluff at the north end, and a few shops at Lunada Bay Plaza. The freeways are a long drive away, and very few homes come up for sale. The coast is rock, so you watch it and surf it rather than swim.
The facts in this guide (districts, zones, rules) come from the official records below. We re-check them before property tours.