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Sold for $1,590,000 · Apr 2023

SOLD

Listed at $1,699,000

Sold

11 Mela Lane, Rancho Palos Verdes, CA 90275

Rancho Palos Verdes, CA

MLS# PV22201136

3,024 Sq Ft • Single Family Home4bd • 4ba
193 days on market

Listing Agent

Young Gill

Listing Agent

RE/MAX Estate Properties

DRE #: 01452682

Brokerage: RE/MAX Estate Properties

Property Details

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

Description

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.

Facts & Features

Details

Cooling
CentralAir
Heating
Central

Sale history for 11 Mela Lane

3 recorded sales

$1,590,000
Sold April 2023 · listed $1,699,000, orig. $1,749,000, on market September 2022, 193 days on market · MLS #PV22201136 · Source: CRMLS
Listing Agent: Young Gill · Listing Office: RE/MAX Estate Properties · Contact: 310-544-9999 · Bought with: Tracey Nesicolaci · Vista Sotheby’s International Realty
$1,350,000
Sold June 2015 · listed $1,399,000, on market February 2015, 121 days on market · MLS #SB15027943 · Source: CRMLS
Listing Agent: Tony Kim · Listing Office: C-21 Amber Realty · Contact: 310-326-8100 · Bought with: Young Gill · RE/MAX Estate Properties
$910,000
Sold September 2012 · orig. $899,000, on market February 2012, 167 days on market · MLS #S12018452 · Source: CRMLS
Listing Agent: John Briscoe · Listing Office: RE/MAX Beach Cities- MBch · Contact: 310-376-2225 · Bought with: Tony Kim · C-21 Amber Realty

How this sale compares

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).

$526
This sale, per sq ft
$764
90275 median per sq ft (12 mo)
$1,770,000
90275 median sold price (12 mo)
247
Closed sales in 90275 (12 mo)
193
Days on market
−6.4%
Sold vs. list price
QuarterClosed sales in 90275Median sold price
Q1 202618$1,088,200
Q2 202693$1,790,000
Q3 2026104$1,746,389
Q4 202632$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

Recent sales near 11 Mela Lane

Closed sales reported in 90275, nearest first, last 12 months. All recent sales in Rancho Palos Verdes →

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