Description: The Terraces, located in Rolling Hills Estates, is one of the higher-end townhome developments on the Palos Verdes Peninsula. It has 60 acres of lush, beautifully landscaped grounds. The project has numerous model types, with both single floor and 2 floor floor plans, many with panoramic views.
Location: Highridge Road and Armaga Springs Road in Rolling Hills Estates
Year built: 1974-1977
HOA Dues (As of 5/1/08): $360/month
Addresses: 1-164 Aspen Way 1-19 Avocado Lane 1-143 Cottonwood Circle 1-101 Cypress Way 1-51 Oaktree Lane 1-67 Sycamore
Amenities: 5 pools, spas, two tennis courts, two miles of jogging and walking paths, 24 hour security gated community
Unit Sizes:
Bedrooms
Baths
Square Footage*
2 Bdrm.
1,5-2.5
1,325 - 2,114
2 Bdrm.
3.0
1,961 - 2,184
3 Bdrm.
3.0
1,796 - 2,184
3 Bdrm.
2.0
1,590
* Square footage are estimates only based upon information in the multiple listing service and should be verified by the buyer
Price Ranges (as of 5/1/08): Since January 2007, One 2 bedroom, 2 bath unit sold for $735,000, the two bedroom 3 bath units have recently sold from $817,000 to $825,000, the smaller 3 bedroom units have recently sold from $704,000 - 750,000. A 2,184 sq. ft. 3 bedroom unit is listed for $995,000 as of 4/22/08. See the Active MLS listings for the condos and townhouses on the Palos Verdes Peninsula.
