Unique Vacation Style Ownership in Terranea
100 Terranea Way 18-101, Rancho Palos Verdes, CA 90275
Just listed for $3,450,000
Homes rarely hit the market in Terranea and this is a nice one. Ownership of the Villas is definitely not a timeshare as the owner owns the unit with grant deed and title. Usage does have restrictions due to an agreement when the resort was built. The owner has full ownership of their unit, but California Coastal Commission regulations limit the owner ust to 90 nights a year, and the home is then available for rent, through the resort, for the rest of the time.
The home offers a spacious 3 bedroom and den and sits on the golf course with fantastic ocean views. Each Villa is fully furnished by professional designers and all of the essentials are included and provided to owners and guests.
Welcome to vacation style living at it’s finest. You may know Terranea as a world class resort, but here’s your opportunity to own a home in this incredible community.
Terranea Resort features 24-hour room service, eight dining venues, four pools, a 9-hole par-3 golf course, and the acclaimed 50,000 square foot Spa & fitness center. This villa represents the pinnacle of luxury at Terranea. Terranea Villas rarely come up for sale, so now is your chance to finally own one.
Terranea is ownership unlike anything other than the Beach House in Hermosa Beach. Terranea Villas is a fee-simple, full ownership second home in which the owner can use the home up to 90 nights per year per an arrangement with the California Coastal Commission. The rest of the time the Villa is part of the resort program and is booked, through the hotel, as a rental Villa with owner and managment splitting the rental income.
Learn more about how ownership works at Terranea Resort
Owners and guests have acccess to the award-winning amenities including seven restaurants, 24-hour room service, four pools, 9-hole par-3 golf course, spa & fitness center. Additional owner’s benefits included a owner’s concierge, special discounts on dining, spa treatments, shopping, golf, resort activities, complimentary valet, and use of the ocean view owner’s club room.
There is basically zero maintenance for the owner……arrive to a spotlessly clean unit, unpack and it feels like home. The resort takes care of everything from maintenence, to cleaning to booking and arranging activities while you “stay” at your home.
The designs offer a blend of Santa Barbara styling with coastal inspired decor and colors. It’s the perfect vacation home. This villa ofers three bedrooms all with en suite baths, large great room, open kitchen and incredible views of the golf course and ocean from most interior spaces.
To take advantage of the incredible weather, the home has a bevy of wonderful outdoor areas including a private entry courtyard with it’s own fireplace, golf course and ocean view patio, and even your own private in-ground jacuzzi.
This is turn-key vacation style ownership at it’s finest where all you have to do is sit back and enjoy.
Please note that the rear home will be coming up for rent in the near future.
100 Terranea Way 18-101 Details
- 3 bedroom
- 4 bathroom
- 2800 square feet
- Built in 2009
- Private patios with outdoor fireplace
- Access to all resort features and restaurants
- $4920 monthly HOA
- Listed by Terry Niemann – Terranea Real Estate – 310-947-4317
90275
represent them and help them through a rather challenging escrow.
back in 2012 for $440,000 (at the time the lowest priced single family home in Redondo Beach for a long time….now an unheard of number) and it just sold for $1,115,000. They had done some incredible work to the home but it was still the same size and number of beds and baths. We can’t thank them enough for putting their trust in us once again!
notably in Torrance and Gardena.