Beautifully remodeled home sits atop the hill in Lunada Bay with panoramic ocean, Catalina & Malibu views! The wrought iron double glass doors open to an elegant formal foyer with travertine floor that extends to living room, formal dining room and reception/entertainment area. Spacious living room with vaulted ceiling, a cozy fireplace and gorgeous ocean/Malibu views. Gourmet kitchen w/ center island, granite countertops, custom cabinets, built-in Subzero and wine and beverage refrigerators, instant hot/cold filtered water and top of the line appliances. In addition, there is a breakfast countertop sitting area! A large open family room w/ vaulted high ceilings, fireplace and hardwood floors next to the kitchen and breakfast area. French doors open to an over 1000 sqft wrap-around balcony with outdoor eating to enjoy the gorgeous ocean/Catalina/Malibu views! All living areas are on ONE LEVEL except the home theater with a bathroom and wine cellar downstairs. Primary bedroom with tastefully remodeled bathroom. French doors in almost all rooms open to the backyard with sparkling saltwater pool that offers water features with color changing lights, a private spa and water fountain. Beautifully landscaped front and backyard with water saving turf grass. 2 laundry rooms. 2 A/Cs & furnaces. Central vacuum system. Hardwired CAT5 and coaxial cable to all rooms. Security system. LED recessed lights throughout the house. This house has everything you're looking for. Excellent P. V. Schools. Close to world renowned Terranea Resort, Palos Verdes Beach & Athletic Club, private and public golf courses, shopping centers w/ restaurants and movie theater, parks and hiking trails...etc. PV Peninsula offers the best climate and lifestyle you can ask for!