Montemalaga has historically been some of the largest homes for sale in Palos Verdes. The most expensive sale in Palos Verdes was on Via Visalia in 2015 for $15.55 million. Paseo La Cresta, also known as “New York Hill” also has some incredible and large estates. When the forfathers of the City outlined the lots and homes sizes, the biggest lots were in Montemalaga, and therefore most of the larger homes were in this area. The sought after “Queens Necklace” view can be quite dramatic and breath taking and is found in some of the view lots of this area.