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Sold for $1,450,000
  • Listing Provided by: Compass
    Bought with: Compass
    $1,450,000

    25 Mela Ln, Rancho Palos Verdes, CA 90275

    2beds
    2,836sqft
    Single Family Residence
    Built in 1979
    5,552 Square Feet Lot
    $1,641,000 Zestimate®
    $511/sqft
    $6,729 Estimated rent

    Home value

    $1,641,000

    $1.49M - $1.82M

    $6,729/mo

    Zestimate® history
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    What's special

    Heated swimming poolSecure gated communitySeparate jacuzziSpacious libraryWet barPatio accessExtra storage room
    Nestled within a secure gated community, this transformed single-family residence prioritizes safety. The friendly atmosphere encourages residents to explore with ease, providing a safe environment for learning to bike or leisurely strolls. As you step into the sunlit interior, vaulted ceilings create a grand ambiance, accentuating generously sized rooms. The first level features a formal sunken living room, an ensuite with direct access to the backyard featuring a built-in hot tub, a wet bar, and a spacious library that can effortlessly convert into an additional bedroom. The lower level reveals a generous-sized laundry room with a walk-in closet and an extra storage room, providing flexibility for additional living space. Skylights strategically placed throughout the residence infuse every corner with natural light, adding an airy and inviting touch. The primary bedroom on the second level stands as a pinnacle of refinement. The elevated bed area exudes prominence, accompanied by a sitting area with a fireplace, wet bar, and patio access. The bedroom encompasses a substantial walk-in closet and a smaller closet. The primary bathroom offers a separate Jacuzzi and shower with a double vanity. The property, initially designed as a two-bedroom house, boasts the potential for easy conversion into a four-bedroom dwelling, utilizing existing frames. This unique opportunity allows for creative configuration, offering the space and versatility of a four-bedroom home for the price of two. The community's amenities include a heated swimming pool, two tennis courts, and convenient access to public trails. Situated near hilltop amenities, this residence combines security, functionality, and versatility in a prime location.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Susan Jung DRE #01984588 310-241-3038,

    Compass

    Bought with:

    Susan Jung, DRE #01984588

    Compass

    Source: CRMLS,MLS#: SB23210342MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bathroom
    • Features: Bathtub, Dual Sinks, Enclosed Toilet, Jetted Tub, Separate Shower, Tub Shower, Vanity
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen/Family Room Combo, Pots & Pan Drawers, Tile Counters, Utility Sink
    Heating
    • Central
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Dishwasher, Electric Cooktop, Refrigerator, Range Hood, Trash Compactor, Water Heater
    • Laundry: Laundry Room
    Features
    • Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Cathedral Ceiling(s), Central Vacuum, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Storage, Sunken Living Room, Tile Counters, Two Story Ceilings, Bar, Bedroom on Main Level, Dressing Area
    • Flooring: Carpet, Vinyl
    • Windows: Bay Window(s), Garden Window(s), Stained Glass, Skylight(s), Shutters
    • Has fireplace: Yes
    • Fireplace features: Family Room, Gas, Living Room, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,836 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage Faces Front, Garage, Private
    • Attached garage spaces: 2
    Features
    • Levels: Two,Multi/Split
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Open, Patio
    • Exterior features: Rain Gutters
    • Pool features: Association, Fenced, Heated, In Ground
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Fencing: Privacy,Security
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,552 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Additional structures: Sauna Private, Storage, Tennis Court(s)
    • Parcel number: 7574018028
    • Zoning: RPRS10000*
    • Special conditions: Standard
    • Other equipment: Intercom
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence
    Materials
    • Frame, Concrete
    • Foundation: Slab
    • Roof: Concrete,Spanish Tile
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Security
    • Security features: Security System, Carbon Monoxide Detector(s), Fire Rated Drywall, Security Gate, Gated Community, 24 Hour Security, Key Card Entry, Smoke Detector(s), Security Lights
    Community
    • Community features: Biking, Gutter(s), Hiking, Horse Trails, Park, Preserve/Public Land, Street Lights, Sidewalks, Gated
    Location
    • Region: Rancho Palos Verdes

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $575 monthly
    • Amenities included: Controlled Access, Maintenance Grounds, Management, Maintenance Front Yard, Picnic Area, Spa/Hot Tub, Security, Tennis Court(s), Trash
    • Association name: Villa Verde
    • Association phone: 310-543-1995

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/22/2024Sold$1,450,000-6.5%$511/sqft
    Source: CRMLS #SB23210342 Report a problem
    1/20/2024Pending sale$1,550,000$547/sqft
    Source: CRMLS #SB23210342 Report a problem
    1/5/2024Price change$1,550,000-8.3%$547/sqft
    Source: CRMLS #SB23210342 Report a problem
    11/21/2023Listed for sale$1,690,000+27.5%$596/sqft
    Source: CRMLS #SB23210342 Report a problem
    1/15/2021Listing removed$1,325,000$467/sqft
    Source: CRMLS #SB20118331 Report a problem
    12/1/2020Price change$1,325,000-1.9%$467/sqft
    Source: Century 21 Union Realty #SB20118331 Report a problem
    11/3/2020Listed for sale$1,350,000+35.7%$476/sqft
    Source: Century 21 Union Realty #SB20118331 Report a problem
    10/16/2010Listing removed$995,000$351/sqft
    Source: Palos Verdes Realty, Inc. #V10095349 Report a problem
    9/9/2010Listed for sale$995,000$351/sqft
    Source: Palos Verdes Realty, Inc. #V10095349 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,664 +30.1%$1,479,000 +27.6%
    2024$13,582 +1.4%$1,159,261 +2%
    2023$13,392 +5.3%$1,136,531 +2%
    2022$12,719 +0.5%$1,114,247 +2%
    2021$12,661 +1.4%$1,092,400 +1%
    2020$12,483 $1,081,200 +503.8%
    2019$12,483 +356.7%$179,077 +2%
    2018$2,733 $175,567 +2%
    2017$2,733 +2.4%$172,125 +2%
    2016$2,670 +3.8%$168,751 +1.5%
    2015$2,572 -1.1%$166,217 +2%
    2014$2,601 $162,962 +2.5%
    2012-- $159,046 +2%
    2011-- $155,929 +0.8%
    2010-- $154,764 -0.2%
    2009-- $155,133 +2%
    2008-- $152,093 +2%
    2007-- $149,111 +2%
    2006-- $146,188
    2005-- $146,188 +4%
    2004-- $140,514 +1.9%
    2003-- $137,939 +2%
    2002-- $135,235 +4%
    2000-- $129,985

    Find assessor info on the county website

    Neighborhood: 90275

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,641,000
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    Estimated market value
    $1,641,000