“We’re the only oceanfront resort in Los Angeles County,” says Marika Kalogerakis, director of sales at Terranea Real Estate. “We call it a ‘getaway not far away’ because of its location. You’re about 20 or 30 minutes from LAX, and convenient to all of the amenities of Los Angeles—but when you’re here, it feels like a different world.”
Living in this different world, one so close to home, and spread out over 102 coastal acres, means that full ownership of one of the 82 Villas and Casitas here is an exclusive treat. With the Terranea Resort‘s 10th anniversary in close sight (June), she says, “We’re down to two.” One is a resale unit by an owner—a rarity—and the other is the only available unit owned by the resort.
Particularly interesting about owning a Terranea Villa is the usage and financial implications, and that they are sold as privately-owned, fee simple condominiums. The creation of Terranea Resort and its vacation homes came with a pledge, per the California Coastal Commission, to keep public access intact.
This means that an owner’s stay at their Villa is capped at a maximum of 90 days per year. When an owner does not occupy a unit, it must be made available for rent to the general public. In other words, a Villa vacation home that can offset some of the costs when you’re nowhere in sight.
The aforementioned resale Villa (Unit 17-201) spans nearly 1,900 square feet and includes two bedrooms and a den, along with two and a half baths. It’s an upper-level unit and positioned on the “front row” of the resort’s neatly manicured nine-hole golf course. Views are nearly panoramic, stretching across the golf greens to the ocean, and including Catalina Island on a clear day.
Walking through the Villa’s sunny, elegant interior, one is treated to ample views of blue sky and sea from the many windows and viewing balcony in the unit. The floorplan, Marika Kalogerakis points out, has been configured to take in the physical beauty of the landscape.
Evenings on the spacious main balcony, for instance, capture the stars and splendor of the Palos Verdes Peninsula and are made more memorable when lounging on the daybed positioned in front of the fireplace.
As for the style of the Villa, Marika Kalogerakis says: “It’s intended to evoke the grandeur of a Mediterranean estate.”
In the great room—which spans a sunny island kitchen, plus dining area and fireplaced living room—there are vaulted ceilings, inlaid with heavy wooden beams.
The palette is a plush mix of creamy walls against rich-hued wood floors, with arched doors throughout. Liberally scaled, the Villa sleeps six comfortably and is a place of spacious rooms and charming hideaways, or what Marika Kalogerakis calls “nooks.”
Sold fully furnished, and with a newly revamped interior, this Villa is a study in turnkey leisure. One arrives at the unit’s private, two-car garage, and among its conveniences are a fully appointed kitchen and daily housekeeping.
“Everything is included,” confirms Marika Kalogerakis. “You can literally show up with your suitcase, and everything else you need is taken care of.”
It’s an ideal scenario given that Villa owners are keen on being here to savor good times with friends and family—and such days are made even more glorious by having nearly all of the resort’s star-studded amenities within a five-minute stroll along the rolling, landscaped grounds.
Perks available to owners, notes Marika Kalogerakis, include full-fledged concierge service; preferred pricing on resort dining, shopping and spa treatments; and access to all of the resort’s amenities—even when one is not occupying their Villa.
“If you live locally and want to come over for the day to go to the pool and have a meal, you’re able to do that,” she points out. “There’s a country club aspect to being an owner here, as well.”
Awarded an endless stream of awards since its 2009 opening (Condé Nast Traveler, for one, included the resort in its 2018 Readers’ Choice Awards), one of the richest rewards of Villa ownership: enjoying the luxurious property with those you care about.
The resort handles the property management making it, “the easiest vacation home you could possibly own,” sums up Marika Kalogerakis.
And probably one of the most beautiful. It’s hard to imagine a more ideal escape: Spending days in one’s oceanview haven, then stepping out to hike along bluff-top trails, explore the gardens and beehives, or dine in one of the resort’s seven restaurants.
Golf or seaside yoga is a short walk away and afterward, a sports massage or saltwater bath awaits at the spa. It’s here that one can enjoy Terranea’s unique mix of award-winning comforts and the Peninsula’s natural bounty—without ever getting in a car, traveling on the freeway, or straying too far from one’s home or business.
“Our owners are our elevated VIPs,” says Marika Kalogerakis. “They own the property with us, and we want to make sure they are well-taken care of and happy, and enjoy their time here.”
Terranea Real Estate
310.265.2888 | terranearealestate.com
List Price: $1,745,000
Open House: May 4 & 5 | 12pm to 3pm
Photographs by Paul Jonason
