This relaxed and sophisticated, fully-furnished and recently remodeled villa has a private, gated courtyard with an outdoor living room warmed by a gas fireplace plus adjacent private Jacuzzi-type spa. Villa 11-301 is a stunning home for entertaining: a stocked gourmet kitchen with Viking appliances, custom cabinetry and granite counters. The beamed ceiling in the living/dining room has a fireplace and French doors. There is plenty of room for friends and family - 3 bedrooms and bathroom suites, each with access to outdoor living areas, plus a powder room, laundry room, 2-car garage, and owner's storage closet. This vacation home at Terranea is a fee-simple, full ownership second home; a gracious beach house, guest house or corporate retreat within a luxury resort on a 102-acre coastal preserve on the bluffs of Palos Verdes. Owners enjoy full-ownership however California Coastal Commission usage restrictions dictate maximum usage by owner is any 90 days per calendar year. The rest of the year it must be available for rent to others. Owner may choose it rent it out themselves or join the resort's rental program. Oceanfront resort features 8 dining establishments, 24-hour room service, 4 pools, 9-hole par-3 golf course, 50,000 sq. ft. Spa & fitness center, Owners' concierge and recreation staff. Ask about Owners Club privileges. Qualifies as a 1031 exchange, corporate or personal buyers welcome.
Listing courtesy of Marika Kalogerakis from LDD Long Point Management, Inc
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