4
Bedrooms
Sold for $1,590,000 · Apr 2023
SOLDListed at $1,699,000
Rancho Palos Verdes, CA
MLS# PV22201136
Young Gill
Listing Agent
RE/MAX Estate Properties
DRE #: 01452682
Brokerage: RE/MAX Estate Properties
4
Bedrooms
4
Bathrooms
3,024 sqft
Square Feet
1979
Year Built
4,636 sqft
Lot Size
$526
Price/Sq Ft
2
Garage Spaces
$575/mo
HOA
Single Family Home
Property Type
Every aspect of this home has been thoughtfully designed, from the charming exterior offering instant curb appeal to the open multi-level layout that seamlessly connects one part of the house to the next. The formal living room has high ceilings and a fireplace, making it perfect to entertain guests. The open kitchen and walk-in pantry is a chef’s dream, and meals can be enjoyed in the dining area next to the kitchen or in the formal dining room. The family room is made for year-round relaxation, thanks to the cozy white brick fireplace and easy access to the backyard. You’ll find one bedroom downstairs, perfectly situated for privacy, and a laundry area. Mid-level is an open library space, perfect as an office or study room. Upstairs, you’ll find three additional bedrooms, including the master bedroom. The master bedroom has a generous walk-in closet and luxurious bath and a spiral staircase leading to a small brightly-lit room that is perfect for indoor hobbies or storage. The quiet gated community has a tennis court and pool for the residents to enjoy, and is close to grocery stores, parks, and shopping centers.
Listing description from the April 2023 sale, as reported to CRMLS.
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3 recorded sales
11 Mela Lane sold for $1,590,000 in April 2023, 6.4% under its $1,699,000 list price, after 193 days on the market. It was first listed at $1,749,000. That works out to $526 per square foot on 3,024 square feet. Across 247 closed sales in 90275 over the last 12 months, the median sold price is $1,770,000 and the median is $764 per square foot, 45% above this sale's $526. 4-bedroom rentals in 90275 currently list at a median of $8,498 a month (16 listings).
| Quarter | Closed sales in 90275 | Median sold price |
|---|---|---|
| Q1 2026 | 18 | $1,088,200 |
| Q2 2026 | 93 | $1,790,000 |
| Q3 2026 | 104 | $1,746,389 |
| Q4 2026 | 32 | $1,847,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Rancho Palos Verdes · Homes for sale in 90275
Closed sales reported in 90275, nearest first, last 12 months. All recent sales in Rancho Palos Verdes →
11 Mela Lane
Contact Young Gill
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Contact Listing Agent
RE/MAX Estate Properties
DRE #01452682
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