Condominium buy in Rancho Palos Verdes California

Introducing 60 Vanderlip Drive, a rare buildable lot in Portuguese Bend with over 5 acres of sprawling terrain and panoramic Catalina/Ocean views! This sale is for a 75% interest in this lot. 60 Vanderlip was a part of the Monk lawsuit enabling the owner the ability to build a home in one of the most sought after locations on the PV Peninsula. Because the lot is on Vanderlip drive, it is not included in the Portuguese Bend homeowners association. This lot was originally part of the historic Vanderlip Estate, in fact, Frank Vanderlip's duck pond still remains. Located next to Villa Narcissa, 60 Vanderlip is a part of the fascinating history of Palos Verdes. It's not often a large 5+ acre buildable lot becomes available on the market, especially in the serene and rural area of Portuguese Bend in Rancho Palos Verdes! When Frank Vanderlip purchased the entire peninsula for $2m, he chose this location to build his home because of the Panoramic Ocean views and also because the terrain is situated "above the wind and below the fog." A rare opportunity to own a piece of Palos Verdes history and build a sprawling estate on over 5 acres! MLS® ID: PV22197175 Listed: 9/9/22 Updated: 10/16/22