Encompassing only three square miles of the Palos Verdes Peninsula, the affluent city of Rolling Hills is known for luxury homes, views and horseback riding. The single, guard-gated community is comprised of 1,860 residents spread among roughly 685 single-family homes. The city features no commercial buildings or traffic lights, but does boast 26 miles of dedicated trails along with equestrian paths along its private roads. Rolling Hills luxury home market Citing a median home price of more than $3.7 million, Forbes recently ranked Rolling Hills as the 30th most expensive housing market in the nation. Homes priced below $1 million don't exist in the city, rather the community has a sizable stock of $2 million to $4 million properties, with residences currently on the market having a median list price of $2.2 million. The cheapest home currently on the market has an asking price of $1.25 million. The Hacienda De La Paz represents one notable estate currently on the ma...
- Homeowners are required to maintain horse stalls or reserve land where a stall could be constructed,
- The city features no commercial or industrial zoning.
- The median list price of a home is $2.2 million.