Luxurious Live Auction Opportunity! Bidding to start at $1, 100, 000! This is a rare opportunity to own an elegant, traditional propertynon-distressed and available for cash or financing. The seller welcomes offers prior to the auction date and offers an incredible assumption of the current VA loan (no veteran status required). With the loan originating on 12/24/2019, enjoy over 24 years remaining on a $736, 000 balance at a fixed rate of 2.25%. Experience sophistication and serenity in this exquisitely renovated, single-level 3-bedroom condo in prestigious Rancho Palos Verdes. Nestled within the highly sought-after Ocean Terrace Complex overlooking Trump National Golf Course, this home offers breathtaking views of the Pacific Ocean, Catalina Island, and lush fairways extending to Terranea Resort. The interiors feature a custom-designed kitchen and bathrooms with bespoke cabinetry, quartz countertops, marble backsplash, and state-of-the-art stainless steel appliances, including induction heating. The primary suite boasts a spa-inspired en-suite bath, while wood-look tile floors in living areas and plush carpeting in the bedrooms add warmth and comfort. This residence includes two assigned parking spaces and a generous storage closet. As part of the Ocean Terrace community, indulge in upscale amenities: a resort-style pool and spa with sweeping ocean views, a poolside lounge, private tennis courts, a cutting-edge fitness center, a dog park, and a recreation center equipped with a kitchen, billiards room, and sauna. Tucked away on a serene cul-de-sac, this home offers proximity to exclusive golf courses, scenic coastal trails, hidden beaches, and ocean coves. Enjoy unobstructed views of the Trump National Golf Club and quick access to premier destinations such as Terranea Resort & Spa, Los Verdes Golf Course, and the finest coastal dining and shopping experiences. Located in a top-tier school district and conveniently connected to major freeways, including I-110, I-405, and LAX, this property ensures effortless access to downtown Los Angeles and Beverly Hills. HOA dues cover essential services like water, trash, gas, sewage, on-site management, and maintenance of common areas, providing a seamless and luxurious lifestyle. Immerse yourself in the pinnacle of coastal living. Arrange a private viewing today and experience the perfect harmony of elegance, comfort, and tranquility in this exceptional Rancho Palos Verdes residence.
Property Features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 3
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathrooms On Main Level: 2
Interior Features
- Open Floorplan
- Pantry
- Door Features: French Doors, Insulated Doors, Sliding Doors
Appliances
- Kitchen Appliances: 6 Burner Stove
- Appliances YN: Yes
- Laundry Features: Dryer Included, In Closet, Washer Included
Other Rooms
- All Bedrooms Down, Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Pantry
Heating and Cooling
- Fireplace Features: Fireplace: Yes
- Heating Features: Radiant
- Heating: Yes
Kitchen and Dining
- Breakfast Room Description: Area
- Kitchen Features: Quartz Counters, Remodeled Kitchen
Pool and Spa
- Pool Features: Association, Community, Heated
- Spa Features: Spa: Yes, Spa Features: Association, Community, Heated
Waterfront and Water Access
- Ocean Access
- Ocean Front
- Ocean Side of Freeway
Exterior and Lot Features
- Fencing: Fence YN: Yes, Fencing: Glass
- Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Covered, Patio
- Road Frontage Type: Private Road
- Road Surface Type: Paved
Land Info
- Lot Size Acres: 5.5567
- Lot Size Source: Assessor
- Lot Size Square Feet: 242049
Garage and Parking
- Garage Spaces: 2
- Garage Description: Detached
- Parking Features: Parking YN: Yes, Parking Features: Assigned, Garage, Gated, Guest, Parking Space, Private, Subterranean
- Parking Total: 2
Home Features
- View: Catalina, Coastline, Golf Course, Hills, Mountain(s), Ocean, Panoramic
Homeowners Association
- Association: Yes
- Association Amenities: Pickleball, Pool, Spa/Hot Tub, Sauna, Hiking Trails, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pets Permitted, Management, Controlled Access
- Association Fee: 1011
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 1011
School Information
- School District: Palo Verde Unified
Amenities and Community Features
- Community Features: Biking, BLM/National Forest, Curbs, Dog Park
Other Property Info
- Source Listing Status: Active Under Contract
- County: Los Angeles
- Directions: Head south on Western Avenue and turn right onto W. 25th Street, heading toward Rancho Palos Verdes. Turn left onto La Rotonda Drive, where you’ll spot the sign for “Ocean Terrace.†Please park in the designated guest parking area.
- Source Property Type: Residential
- Inclusions: Refrigerator, Washer, Dryer
- Area: 169 - PV Dr South
- Property Subtype: condo
- Source Neighborhood: 169 - PV Dr South
- Parcel Number: 7564020046
- Postal Code Plus 4: 6143
- Zoning: RPRSIRPD
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1527
- Year Built: 1974
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: 1
- Living Area Source: Assessor
- Property Age: 51
- Property Attached: Yes
- Property Condition: Updated/Remodeled
- Levels or Stories: One
- Building Total Stories: 3
- Structure Type: House
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public