About Palos Verdes Estates' Lunada Bay

On November 17, 2009 off the coast of Palos Verdes in the Los Angeles Bay, there were thousands of birds gathering around a huge bait ball. The "Seagasm" was probably four football fields large, and had whales and all sorts of sealife feeding on it. There were several brave paddelboards and kayaks that made the journey a few miles offshore, and got very close to the action. I did see activity all week long, but this was the most magnificent gathering I have seen.

http://www.youtube.com/watch?v=sAA3XjKZ5HI

In one of my titles I called this a "seagasm" - is that inappropiate in the work force? Just wondering, and I mean no offense, however, I feel it represents a lot of what is going on out there. Amazing indeed.

The video is a little long, but with great footage. The music is SundaySkool, a live improv jam session recorded every Sunday nite at the Sea Palace Studio. http://www.stickam.com/sundayskool

The kelp beds of Rocky Point off of the Lunada Bay area of Palos Verdes Estates will remain open to fisherman based on a decision of a state panel selected to enforce the Marine Life Protection Act . The panel had selected a compromise plan that had taken into consideration proposals from groups representing both the fisherman as well as conservation groups.

The popular fishing area near Rocky Point would remain open under the latest Blue Ribbon Task Force proposal. (Steve McCrank/Daily Breeze Staff Photographer)

The panel did vote to include areas including portions of La Jolla, Swami's Reef, Malibu and Santa Catalina Island, Rocky Point was excluded . Rocky Point is a productive area and receives significant fishing pressure, but closing it to fishing would have dealt an economic blow to Redondo Sportfishing and other landings, and might have caused private fishing boat owners to pull their vessels from King Harbor.

for Daily Breeze

Additional information on this issue may be found at www.easyreadernews.com/story.php?StoryID=20035366 . The plan still must be approved by the California Fish and Game Commission, which will convene on the issue next month.

Lunada Bay home sales report for October 2009 in Palos Verdes Estates.

Active listings: 31 Homes are currently for sale in Lunada Bay priced from $1,080,000 to $4,999,000.

Pending sales: 9 Houses are in escrow priced from $899,500 to $2,995,000.

October sales: 4 Properties sold in Lunada Bay during October 2009:

• Via Rivera $987,000
• Via Anacapa $1,005,000
• Chelsea Rd $1,150,000
• Via Landeta $1,600,000

Lunada Bay Home Sales Report for 9/2009.

Previous Palos Verdes and San Pedro Market Reports

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.

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The Lunada Bay area of Palos Verdes Estates ( area 160 in map below )had the following real estate market activity for single family residences during the 3rd Quarter of 2009:

Properties Sold: 16

Address Sales Price BR BA Sq.ft.$/Sq.ft Yr.Blt. MLS# Sold Date Days on Mkt.

2140 Via Estudillo $900,000 4 3.00 1,956 $460 1956 V09048963 9/12/09 134

2657 Via Pacheco $1,175,000 4 4.00 2,134 $551 1955 V09081749 8/20/09 19

1717 Via Estudillo $1,215,000 4 4.00 2,465 $493 1955 V08154280 8/05/09 304

2201 Thorley PL $1,300,000 3 2.00 1,558 $834 1948 V09081384 9/03/09 40

608 Epping RD $1,305,000 5 3.00 3,120 $418 1975 V09018421 8/28/09 196

3005 Via Rivera $1,370,000 4 4.00 2,980 $460 1972 V09041911 7/30/09 71

2401 Via Rivera $1,400,000 4 3.00 2,247 $623 1954 V09047212 8/03/09 98

2205 Paseo Del Mar $1,425,000 4 3.00 2,536 $562 1955 V09047008 7/31/09 38

1240 Via Landeta $1,499,000 5 4.00 3,601 $416 1973 S09011772 8/05/09 123

2561 Via Sanchez $1,501,500 5 4.00 3,384 $444 1974 V09025032 7/23/09 143

2140 Chelsea RD $1,580,000 4 3.00 2,638 $599 1956 V09068093 8/18/09 51

1532 Paseo Del Mar $1,800,000 4 3.00 2,777 $648 1955 V09007303 8/04/09 166

1500 Via Asturias $2,410,000 5 5.00 5,249 $459 1978 V09023867 7/17/09 138

1640 Chelsea RD $2,625,000 5 4.00 3,573 $735 1962 V09061906 7/21/09 30

1425 Via Galicia $3,600,000 5 7.00 5,600 $643 2004 S09004569 9/22/09 251

2725 Via Oleadas $5,000,000 4 4.00 3,568 $1,401 1971 V09077758 8/13/09 22

This was a significant increase from the 10 properties sold during the 2nd Quarter of 2009

Properties for Sale as of 9/30/09: 31

Average List Price at 9/30/09: $2.2 million

Average Price per Sq. Ft. for Properties Sold during 3rd Qtr: $ 609 per sq. ft.

Properties sold at an average of 95% of List Price