1336 Palos Verdes Dr Luxuriously detailed and thoughtfully conceived by beloved local architects Prizkat and Johnson in 2017, this rare and remarkable Modern Spanish villa in the heart of Palos Verdes Estates' sought-after lower Lunada Bay community seamlessly combines an exquisite light-filled floor plan on wonderfully spacious grounds highlighted by partial panoramic Pacific Ocean, Queen's Necklace, and pastoral views. Majestically perched above street level for unparalleled privacy, the phenomenal frontage is set behind handsome hedges and affords imposing curb appeal accentuated by a smooth stucco facade, wrought-iron driveway gate, and a solid wood single lite glass front door opening to the dramatic 2-story foyer. The gracious great room beautifully incorporates a large living area illuminated by a plethora of windows and warmed by a cast stone gas fireplace flanked by built-in arched bookcases with the inviting state-of-the-art kitchen featuring a massive center island offering bar seating and stainless Sub-Zero, Wolf, and Bosch appliances. Gleaming Calcutta quartz counters envelop tons of custom cabinetry and glisten under dual wooden pendant lamps while the adjacent formal dining room radiates under a Capiz chandelier and opens directly on to a covered patio for large gatherings or dining al-fresco. A downstairs bedroom, full bath, and separate family room that could function as a 6th bedroom completes the lower level. Upstairs, discover the laundry room along with 4 more bedrooms including the picture-perfect primary suite punctuated by a breezy balcony to enjoy the serene vistas, large walk-in closet with substantial storage, sleek fireplace, and spa bath trimmed in soothing stone. Designer details include bronze door and crystal cabinet hardware by Emtek and Schoolhouse Electric; Pella dual pane French windows; coffered, beamed and 10 ft ceilings in most rooms; LED recessed and contemporary lighting; built-in closet organizers; espresso-washed engineered wood flooring; abundant wall space for art connoisseurs; and tasteful tile accents throughout. Outside, rolling lawns, stone paths, a peaceful fountain, specimen shrubs, and mature Palm, Eucalyptus and Ficus trees embellish the romantic 1/2 acre site lovingly landscaped by "The Seed Group"; at the back end of the lot, an unusually large upper tier area with an elaborate playset offers plenty of room for a pool, batting cage, casita, or sports court. A 2-car detached garage finished with epoxy flooring and an adjoining 350 sq ft studio that could function as a gym/office/storage room add even more utility. Superbly situated across from and backing to protected city parkland, this one-of-a-kind showplace saves the savvy buyer who desires newer quality construction valuable time and money from the perils of permitting and building ground up in this coveted coastal locale. Explore for yourself this uniquely special offering minutes from South Bay's award-winning schools, fine dining, shopping and exclusive "residents only" Beach and Athletic Club. Truly, a turnkey treasure for those who "want it all."