12801 Panorama Crest

This Spanish Colonial estate was built in 1928 and named Belvedere. Per the Merriam-Webster dictionary, belvedere is the ideal term for a building with a view. It derives from two Italian words, bel, which means "beautiful," and vedere, which means "view." Belvedere is perched majestically on over one acre with a panoramic view that spans from Catalina Island to Palos Verdes. The grounds are magnificent with perfectly landscaped walkways, 8 fountains, an arbor covered in wisteria, pergola, outdoor kitchen and multiple entertaining areas. The courtyard includes a wood burning fireplace, fountain and ample space for entertaining. In 1991, the property was completely rehabbed including new plumbing, electric and structural upgrades, just to name a few. The highest quality materials and finishes are evident throughout with mahogany wood floors, imported tile from France, a La Cornue range, Sub-Zero refrigerator and pewter countertops. In the past year, new HVAC systems and ducting were added and currently, the primary suite is undergoing a remodel and is near completion. The primary suite, which is nearly 1,000 sf, includes two separate balconies with panoramic views, a new marble steam shower, jetted tub and quartzite counters. A historical estate like this one is truly timeless and a rare and special opportunity.