Posted on 03/03/2025 6:16:32 PM PST by Libloather
Multimillion-dollar estates in the wealthy cliff-dwelling enclave of Rancho Palos Verdes in Southern California are slowly sliding toward the ocean, yet they still carry hefty price tags.
Almost 200 homes in the area are listed for sale, ranging from an $899,000 condo to a $22 million seven-bedroom mansion. However, most are not affected directly by the land movement, which is concentrated in an area called Portuguese Bend.
"Portuguese Bend is clearly on borrowed time," says LAist.
New aerial mapping showed the long-known and slow-moving landslides on the bluffs have sped up due to heavy rain in 2023 and early 2024, according to the New York Times.
"Homes in Rancho Palos Verdes began collapsing in June and August of 2023," said the outlet. "Streets have fissured. Walls have shifted, and floors have cracked open to reveal the dynamic earth below. A downed power line related to the slides started a small brush fire in August."
A $42 million buyout program is helping homeowners voluntarily sell and relocate, but some of them are taking matters into their own hands and listing their properties instead.
Homes continue to have multimillion price tags Of the listed homes, only six mention the land movement.
"Property located in the neighborhood impacted by LAND MOVEMENT and affected by it," says a $1.2 million listing at Admirable Drive.
"Plans to remodel and fix minor land movement damages have been submitted to the city," declared another listing, this one for a $3 million home on Spindrift Lane boasting "180 degree views of the ocean directly out your living room window."
Both agents did not respond to requests from Realtor.com® for comment.
(Excerpt) Read more at realtor.com ...
That'll make all this much easier to deal with.
I visited Marineland back then too, c. 1960. My father’s brother’s family had a condo in the development just down the road. There was nothing else around except the Crystal Cathedral.
Erosion!
“Pretty sure most policies have a natural disaster clause in them. I wouldn’t wait to see.”
indeed ... but an act of God type of natural disaster ... if one’s house is sitting on property with a gigantic crack that has been slowly opening over decades, guaranteeing that it’s gonna split open some day, the insurance company is not going to pay off if that crack finally splits open and drops the house into the sea ... that’s not an act of god, that’s an act of stupidly for building a house on a growing crack ...
If Paul Simon has a house there he’s already written the right song for it.
Common realtor come on: “Won’t last long!”
Ahem. It’s now sea level “change.” Do try to keep up.
I was briefly house sitting in Redondo Beach before Covid hit. I decided to go to the Trump National Golf Club to pick up some memorabilia goodies. Palos Verdes Drive near Portuguese Bend looked like a patch work of roads one might see in remote Canada or Alaska. At the time, I didn't realize it was an active landslide area at the time. The Trump golf course is just outside of the slide area but did lose part of golf hole to coastal erosion. The hole had to be converted to a par 3 from a par 4.
I did not know that about the Trump golf course there. Yes, the road was a real roller coaster with lots of fun whoop-de-whoops. There were lots of warning signs saying “Active Slide Area.”
If they lost land on one hole, wouldn’t they have converted the Par 3 to a Par 2?
There is no par 2 in golf. The hole in question went from a par 4 to a par 3. Upon further review, the course has issues that maybe directly or indirectly related to the Portuguese landslide.
It was a JOKE. Shorten a Par 3 and what do you get?
I went back and now see you wrote “The hole had to be converted to a par 3 from a par 4.” I thought you wrote converted a Par 3 to a Par 4.
Just nosing around a bit, at some point there were plans to build homes adjacent to the golf course. That got nixed for what ever reason at the time...
You're kidding, right ?
Yes.
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