A phrase originated from Tim and Eric Awesome Show Great Job! which has since been turned into a popular meme.

The phrase can either be expressed literally, in reference to real estate that is "free" (like when a spider inhabits the corner of a room), or figuratively, as to ironically express a "good deal" which is actually an obvious scam.
Person 1: Who left this dirty old refrigerator box in my front yard!!?

Person 2:(waves Person 1 in closer) *Whispers* it's free real estate.
by 🐺 May 1, 2019
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A very rich area in Los Angeles County with a bunch of million dollar houses and stuck up kids who have parents that are rich as hell. It contains one high school (Palos Verdes High) one middle school (PVIS) and two elementary schools. Palos Verdes High School is the school with the best athletes on the hill. Even though it is a good school, it has some girls that think they are models or movie stars or shit like that. PVHS has nerds, troublemakers, jocks, and much more. Even though this school has a reputation for really good athletes, that is the truth. Teenagers in this town who really want entertainment and don't own a car of their own are out of luck, because the Palos Verdes Estates residents will complain any loud music or shit. But the teenagers who do own a car of their own usually drive to Manhattan Beach, Hermosa Beach, or Redondo Beach to have the fun and excitement. Palos Verdes Estates is not the place to party at all.
Kid 1: Lets have a party at my house
Kid 2: Dude, the neighbor next door will complain her ass off or call the police if she hears any loud music.
Kid 1: All right then, let's just invite some of our buddies to meet us in Hermosa Beach. We can chill in that area where there is more fun and excitement. Lets get out of Palos Verdes Estates fora while.
by AdomC January 10, 2015
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big boobs, area that is nice and safe in contrast to the grime and filth located downtown where a number of unknown diseases flourish
howard: i ain't ever eat pussy in my life but i wouldn't mind going downtown on that broad, she classy
desmond: real talk...she got some nice uptown real estate too, look like million dollar mansions
by bobbycuzin August 27, 2007
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Someone that is easy, someone that is easy to lay, DTF
Sophia has slept with everyone, that ho is free real estate.
by GMRMOM April 1, 2018
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1. Searching through exotic real estate listings as Safe-For-Work fantasizing about beautiful estates in far-away places you will never be able to afford.

2. Websites offering exotic real estate for sale.
While I was waiting for the final spreadsheet to be finished downstairs, I went to sothebysrealty.com for a dose of real estate porn.
by Barbados Ahoy! January 9, 2009
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when looking for a good piece of card to roll a filter or 'roach' for a joint
by steve peanut December 13, 2011
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An artist who is so established that you think they’re dead
A: Have you seen that Gerhard Richter left Marian Goodman?

B: Is Gerhard Richter still alive?!

A: I wasn’t sure until reading the news. He’s a rare pre-estate artist.
by freeze_magazine March 11, 2023
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