31 Oaktree Lane Welcome to this remodeled one-level 3-bedroom, 2-bathroom townhome, centrally located in “The Terraces”, the most sought-after gated community on the Peninsula. This desirable private lower unit provides a wrap-around yard with a large entertaining patio and offers panoramic mountain and city light views. Optimal light & bright open floorplan where most indoor spaces look out through walls of glass to the expansive patio, seamlessly blending indoor and outdoor living. The well-appointed sizable living room boasts a marble fireplace and vaulted wood-beamed ceiling. The formal dining room is adjacent to the remodeled kitchen with granite countertops and white shaker cabinets. The spacious primary suite has vaulted ceilings, ample closet space, and an ensuite bathroom. The living room, primary suite and 2nd bedroom all access the large viewing patio through double sliding doors - perfect for everyday living and entertainment. Pristine condition - interior freshly painted, newly and beautifully landscaped, newer weather-resistant vinyl flooring, recessed lighting, bathrooms remodeled, smooth ceilings, new fixtures & fittings. Separate laundry room and 2-car garage. Tons of storage space. Located in "The Terraces" - a prestigious 24/7 guard gated community in Rolling Hills Estates, and situated on approximately 60 acres, nearly half of which is devoted to beautifully landscaped grounds accentuated with greenbelts and meandering paths, and boasts breathtaking views from the hilltop setting. It offers an array of resort-quality amenities including 5 pools & spas, tennis courts, a children's playground, and a clubhouse. This A+ location is close to the Peninsula Center for excellent shopping and entertainment, yet not far from the beach cities, and it's in the award-winning Palos Verdes School District. Location, Location!