If you add up every housing project planned for the Peninsula Center district in Rolling Hills Estates, you get somewhere between about 570 and 620 new homes. That's a lot for the Palos Verdes Peninsula. As of October 2026, 75 of them are finished. That works out to roughly one home in eight, and all of them are in one building at 927 Deep Valley Drive.
This matters most to longtime owners who want to downsize without leaving the Peninsula, and to the adult children helping them think it through. Seen from a distance, the pipeline makes it look like a lot of single-level, walk-to-the-shops housing is about to arrive. Up close, it's three projects moving at three different speeds. The slower two are still years from keys.
| Project | Developer | Homes | Type | Status as of latest public record |
|---|---|---|---|---|
| La Sevilla, 927 Deep Valley Dr | RHE-75, LLC | 75 | For-sale condos | Certificate of occupancy issued; about 30% sold as of March 30, 2026 |
| The Residences at Peninsula Center, 27525 Norris Center Dr | Vestar | 90 | Rentals | Approved in late 2024; no building permit application as of July 2026 |
| The Brickwalk Residences, Deep Valley Dr / Indian Peak Rd | Rolling Hills Capital, LLC | 407 or 454, depending on the record | Mixed-use residential | Limited environmental review underway; Planning Commission expected late 2026 or early 2027 |
The one building you can walk through
La Sevilla is the only project on that list with a sales office. At the Rolling Hills Estates City Council's March 30, 2026 policy session, the Community Development Director reported that the project had its certificate of occupancy and was about 30% sold, and that city staff were helping market the moderate-income units. No public sales count since then turned up in our research, so treat that 30% figure as a March 2026 snapshot.
What makes La Sevilla relevant to downsizers is the layout. The developer's site describes 75 single-level condominiums in ten floorplans. Every home is on one floor, a feature that's hard to find in the Peninsula's resale stock of hillside houses. The published plans fall into three bands:
- One-bedroom, one-bath: Plans D, E and A, from 857 to 936 square feet
- Two-bedroom, two-bath: Plans C and B, from 1,071 to 1,284 square feet, plus Plan J at 1,559 square feet with an office
- Three-bedroom: Plans H, G, F and I, from 1,260 to 1,367 square feet, with two or three baths
The largest plan, at 1,559 square feet, is a two-bedroom with an office rather than a three-bedroom. That's a useful detail for anyone moving out of a larger house who wants a room for a desk, a guest or hobbies, but not a bedroom count they'll never fill.
The developer's brochure lists shared amenities: a landscaped courtyard with a fireplace, a recreation room, a sun deck, a barbecue and firepit patio, a walking trail, a gym, a conference room, storage, bike racks, a parcel room and gated parking. The materials we reviewed don't say whether the building has an elevator. That's a fair question to ask the sales office directly if stairs are part of your reason for moving.
The developer's pages also don't publish asking prices or HOA dues. They send prospective buyers to sales staff and a brochure. So anyone comparing La Sevilla to a resale condo elsewhere on the Peninsula has to get both numbers from the sales office before the comparison means anything.
Three homes sold under different rules
Three of La Sevilla's one-bedrooms are sold as moderate-income affordable homes under city affordability covenants and resale restrictions. Their sales process works differently from the other 72 units, and the steps are specific. According to La Sevilla's affordable homes page, the program includes:
- A household income cap, listed on the site as $106,600
- Income certification by the city
- A preference, during the first 30 days of marketing, for applicants who have lived or worked locally for two years
- Unconditional loan approval, subject only to appraisal
- Occupancy as the buyer's primary residence
- Resale limited by recorded price caps and procedures, with an agreement required by the city before closing
The site currently lists Units 121 and 221, both Plan A, and Unit 220, a Plan E, as available. The loan condition is the step most likely to catch a buyer off guard. Unconditional approval means the financing has to be essentially finished before the purchase moves forward, which is a stricter bar than many buyers are used to. The resale caps also mean these homes behave differently as long-term assets than the market-rate units in the same building. These terms are set by the program and the city, and the recorded documents govern the details.
Approval did not start construction
The second project shows how far an approved plan can be from a building. Vestar's Residences at Peninsula Center calls for 90 rental units, 57 one-bedrooms and 33 two-bedrooms, in a five-story podium building on a 2-acre portion of Peninsula Shopping Center at 27525 Norris Center Drive. Nine of the units are reserved for moderate-income households.
Its approval history is complete. Rancho Palos Verdes tracks it in its July 7, 2026 Border Issues Status Report:
- March 14, 2023: Council receives a "first look" presentation
- August to October 2024: Planning Commission hearings end with no majority recommendation
- November 12, 2024: City Council approves the development applications
- December 10, 2024: Second reading of the development agreement ordinance scheduled
- June 2025, December 2025, July 2026: At each check, no building permit application filed
PVP Watch reported the same status on July 30, 2026. Our research found nothing newer. As of the latest public record, about 19 months had passed since approval without a permit filing. The public documents don't say why, so we won't guess. What the record does establish is that these 90 rentals are entitled, not under construction. A move that depends on them would also depend on a schedule no one has published.
A 2025 state law changed the largest project's path
Brickwalk is the largest of the three, and its story turns on a change in state law. Rolling Hills Capital, LLC filed a preliminary SB 330 application on February 7, 2024, and a development application on August 5, 2024.
On June 24, 2025, the Rolling Hills Estates City Council approved a contract for a Supplemental Environmental Impact Report and a third-party geotechnical peer review. Less than a week later, Assembly Bill 130 and Senate Bill 131 took effect on July 1. They narrowed CEQA review for in-fill housing and applied retroactively to pending applications, Brickwalk included. The city concluded the project appeared to qualify for the new exemption. Because one of the exemption's criteria, related to biological resources, was potentially ambiguous, the city and the applicant agreed to a narrower review. On November 18, 2025, the Council replaced the supplemental EIR with a more limited Addendum to the General Plan Update Programmatic EIR. The Rancho Palos Verdes report notes that this review won't involve the same level of public outreach the SEIR would have.
The narrower review hasn't turned into a near-term hearing. As of July 2026, Rancho Palos Verdes staff expected the addendum to reach the Rolling Hills Estates Planning Commission in late 2026 or early 2027. The commission's October 5, 2026 agenda didn't include Brickwalk and listed November 2 as the next meeting.
The public record also disagrees on the project's size:
| Detail | City of Rolling Hills Estates project page | RPV report, July 7, 2026, and PVP Watch, July 17, 2026 |
|---|---|---|
| Homes | 454 | 407 |
| Very-low-income homes | 44 | 29 |
| Commercial or retail space | 10,229 sq ft | 3,249 sq ft |
| Parking spaces | 881 | 503 |
| Address range | 615–855 Deep Valley Dr and 924–950 Indian Peak Rd | 655–815 Deep Valley Dr |
The city's project page says the January 23, 2024 first look was for 407 units, but it doesn't say when or how the count changed to 454. The 407-unit version includes a requested waiver of the site's 44-foot height limit, for a maximum of 96.5 feet. Until the Planning Commission hearing, even the project's size is an open question.
What this means if you're planning a move
Taken together, the timelines point one way. A Peninsula owner who wants to downsize into new construction near the Peninsula Center shops in 2026 or 2027 has one finished option to evaluate, and it's La Sevilla. Vestar's rentals have approval but no permit filing on record. Brickwalk hasn't had its Planning Commission hearing, and its unit count isn't settled.
The district's streets are on their own schedule too. City staff reported in March 2026 that the Rolling Hills Road multimodal project is fully designed and funded, with outreach planned for 2026 and construction expected in 2027. Staff also said the FY 2026–27 street resurfacing program is being deferred to coordinate with other major projects.
For a longtime owner, the practical timing question is usually about the sale of the current house, not the new one. Selling a family home, especially one held in a trust, can take months of preparation. A move can be planned around a building that exists today. A building that hasn't filed for permits doesn't give you dates to plan around.
Questions we hear about Peninsula Center housing
Are La Sevilla's homes really all single-level?
The developer describes the community as 75 single-level condominiums. Its materials don't say whether there's an elevator, so ask the sales office.
Where can I check Brickwalk's status myself?
Rolling Hills Estates posts Planning Commission agendas, and Rancho Palos Verdes tracks the project in its periodic Border Issues Status Reports. The next scheduled commission meeting after October 5 is November 2, 2026.
Will the Vestar rentals include affordable units?
Yes. The approved plan reserves 15% of the 90 units, or nine homes, for moderate-income households.
If you're weighing a move from a longtime Peninsula home into a single-level condo, or helping a parent decide whether to wait for the next project, it helps to line up the timing of the sale with what's actually finished. Patrice Meepos and her team can walk you through the trust, prep and escrow side of that sale, at a pace that suits your family.
This article is general information, not legal, tax or financial advice. Consult a qualified professional about your situation.