MLS® ID: SB18089429
41 Marguerite Drive
Rancho Palos Verdes, California, 90275 $15,450,000
AUCTION WITHOUT RESERVE, DECEMBER 17, 2018-CONCIERGE AUCTIONS. Tucked away on a spectacular 1.1 acre Southern California bluff lot above the Pacific Ocean, this estate is the true definition of a seaside paradise. Designed by visionary architect Richard Landry, this 6 bedroom home is one of the most coveted along the Palos Verdes Peninsula coastline. With soaring ceilings, rich mahogany details, French Limestone floors, gorgeous natural light and awe-inspiring views, every inch of this Mediterranean-style mansion has been meticulously created with luxury in mind. Large, spacious en-suite bedrooms, multiple private balconies, & a whitewater view sitting room provide plenty of space for guests to find peace of mind. With a gourmet kitchen, formal dining room, multiple bars, & a rec room, there's no better place to entertain. Whether your days are spent lounging in your resort-style pool or just enjoying the breathtaking views at every turn, there's no place quite like this slice of Southern California living. This property is part of a PUD with an HOA that oversees the common interests of the 26 SF parcels on Marguerite and Laurel Drives. Common interest includes a large, ocean view club house/meeting room with kitchen & restroom facilities for the exclusive use of the homeowners. Also at the club house is a tennis court for homeowners.In 2018, all HOA fees were suspended as the result of the HOA being able to negotiate the sale of an adjacent parcel of land for $1mm.