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100 Terranea Way 19-301, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 4 bath

100 Terranea Way 19-301, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$3,195,000
100 Terranea Way 19-301, Rancho Palos Verdes, California 90275
3Beds
4Baths
2,470Sqft
328,989Lot
Year Built
2008
Close
-
List price
$3.19M
Original List price
$3.19M
Price/Sqft
$1,294
HOA
$3,714
Days on market
-
Sold On
-
MLS number
25486065
Home ConditionExcellent
Features
Excellent View: Coastline, Golf Course, Ocean
Spa
Patio
ViewCoastline,Golf Course,Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $3.19M(96th), sqft - 2470(92th), beds - 3(68th), baths - 4(92th).

Recently updated villa in the Terranea Resort on the Golf Course. With 102 acres of the coastal preserve on the bluffs this is truly a rare offering. The formal great room and dining area share a fireplace, surrounded by spectacular golf course and partial ocean views. Kitchen featuring Viking appliances and new countertops with fully stocked with chef's quality tools, crystal & china. All complemented by a private Jacuzzi. Interiors have hardwood and travertine flooring, beamed ceilings, custom cabinetry, luxurious Toto soaker tubs, full laundry room and 1-car garage. This magnificent indoor-outdoor home comes with elegant Resort benefits, including 4 pools, several restaurants, 24- hour room service, concierge, housekeeping and gardening staff, ranked 9- hole golf course. Also Spa and Fitness Center. Always proud for its location. Definitely one of the best sea view properties in the world. Buyer is to verify all property Specs. The California Coastal Commission rules dictate that owners may stay up to any 90 days per calendar year whenever they desire, and then make it available for others to rent when they're away.

Condition Rating
Excellent
Built in 2008 and explicitly described as a 'recently updated villa,' this property boasts a chef's kitchen with high-end Viking appliances and new countertops, luxurious Toto soaker tubs in the bathrooms, custom cabinetry, and premium hardwood and travertine flooring. The images confirm a pristine, modern, and high-quality finish throughout, particularly in the kitchen and bathrooms, aligning with current luxury standards and indicating minimal physical depreciation.
Pros & Cons

Pros

Unparalleled Location & Views: Situated within the exclusive Terranea Resort on the bluffs, offering spectacular golf course and partial ocean views, recognized as a world-class sea view property.
Extensive Resort Amenities: Owners benefit from access to a comprehensive suite of luxury resort services including multiple pools, fine dining, 24-hour room service, concierge, and a spa/golf course.
Luxurious & Updated Interiors: The villa boasts recent updates, high-end finishes like hardwood/travertine flooring, beamed ceilings, custom cabinetry, luxurious Toto tubs, and a chef's kitchen with Viking appliances.
Income-Generating Potential: The property's unique regulatory framework allows for personal use (up to 90 days/year) combined with the ability to generate rental income through the resort's program.
Private Amenities: Features a private Jacuzzi, full laundry room, and a dedicated 1-car garage, enhancing personal comfort and convenience within the resort setting.

Cons

Strict Occupancy Limitations: Owner occupancy is capped at 90 days per calendar year due to California Coastal Commission rules, restricting full-time or extended personal use.
Substantial Association Fees: The high monthly association fee of $3,714.0 represents a significant recurring expense, impacting the overall cost of ownership.
Condominium Structure: As a condominium, ownership entails adherence to HOA regulations and shared property aspects, which may not appeal to buyers seeking complete autonomy or privacy.

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