The Terraces Townhomes in Rolling Hills Estates

The Terraces Townhomes

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 ( MLS Area # 174)

Year built: 1974-1977

HOA Dues (As of 3/1/10): $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:

* Square footage are estimates only based upon information in the multiple listing service and should be verified by the buyer

Price Ranges (as of 3/1/10): Two 2 bedroom, 2 bath units (1,590 sq. ft. ) sold in 2009 for $675,000 and $693,000. 2 of the two bedroom 3 bath units have recently sold for $645,000 ( 7/09 1,988 sq. ft. ) and $728,000 ( 1/10 2,184 sq. ft. ). Two of the 3 bedroom 3 bath units sold in early 2010 for $706,000 (2,184 sq. ft. ) and $715,000 ( 1,924 sq. ft. ) . One of the smaller 1,590 sq. ft. 3 bedroom 2 bath units sold in 11/09 for $740,000 and one is listed for $649,000 as of 3/1/10 . See the Active MLS listings for the condos and townhouses on the Palos Verdes Peninsula.

To view a complete listing of the major townhome, condominium / condo projects on the Palos Verdes Peninsula, including links to a detailed description of each of the projects, go to Palos Verdes Condos & Townhomes / Townhouses