53 Narcissa Drive, Rancho Palos Verdes

53 Narcissa Drive, rancho palos verdes

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SOUTH BAY DIGS | Cover Home | 03.01.2013

 

53 Narcissa Drive, Rancho Palos Verdes, CA 90275

Offered by Alex Abad | Palm Realty Boutique

 

Property Description:

This stunning brand new single level 4 bedroom — 3 full baths — 1 powder room — plus a large office is located in one of the most private and beautiful coastal communities in all of Southern California. 3600 square feet of living space on a large 24,000 square foot lot. Expansive open floor plan, with French doors opening to over 800 square feet of natural PV stone patio and 2700 square feet of new sod in front and back yard. The custom kitchen is appointed with exquisite finishes such as: carrara marble counters, custom inset frame cabinetry , all of the appliances are professional grade, Viking fridge, DCS 6 burner range, Viking double ovens, Viking wine fridge, double drawer dish washer, fire clay farm sink, and a large walk in pantry. The master suite includes a large walk in closet, the 42″ Jacuzzi tub and the natural stone shower with its fine finishes makes this a spa like retreat. The home is wired for surround sound, CAT 6 and ADT security. There is a 600 square foot garage with an additional 600 square foot of storage under the house. Enjoy the incredible beauty of the surrounding area, ocean views from the back yard, private equestrian center, trails and much more. This truly is a piece of paradise you must see and experience!

A Piece of Paradise Frozen in Time

Decades ago, a “blanket moratorium” was thrown over this entire area when land movement was created due to the blasting in the making of Crenshaw Boulevard. As a result of that moratorium, there was no future development allowed. Existing homeowners could renovate their existing structures, but there could be no new development. For the past 50 years, there has not been any new construction. Until now. Only sixteen longtime landowners ended up in litigation with the city to lift the moratorium. The overwhelming evidence and studies emphatically proved what many had known for years — the land was safe. Numerous geological studies were performed and the conclusion was that particular zones in the area were safe and free from land movement. These sixteen original landowners won their lawsuit and received a Landslide Moratorium Exception (LME) whereby they now have the right to build new homes or sell their property to a new owner who can have the LME transferred with the sale of the land. It’s been nearly a half a century since we have seen the development of brand new homes in this area. “The time is now for those who have waited for an amazing opportunity such as this,” says Alex Abad with Palm Realty Boutique. “They will own one of the world’s most scenic, safe, and most spectacular estate properties. With the obvious high demand for ocean front homes, there is often limited inventory for these panoramic ocean view lots for sale. They are quickly being purchased — once they are gone, they are gone. To find ocean view lots for sale such as these that have been frozen in time is an unheard of, once-in-a-lifetime opportunity.” There are a total of 8 “zones” in the Portuguese area and, according to the city geologist, Zones 1, 2 and 3 were not affected by the Crenshaw blasting and have not experienced any land movement in nearly 200,000 years. It is as safe and solid as any other local areas where building permits are issued daily for the building of new construction. The entire Portuguese Bend area has had more geological studies done than any other area in Southern California. Now this amazing piece of paradise that was frozen in time is once again free from the moratorium for only these 16 land owners . 53 Narcissa Drive, a gorgeous, brand new single-story with nearly 3700 square foot Cape Cod home built by Chris Smith, will be the first new construction available to the public in this area in 50 years.     More DIGStv  |  Home Tours  |  Professional Profiles  |  South Bay Spotlight  |  Real Estate Insider “PIONEERS” by Jason Shaw (http://audionautix.com/index.html)