
Rancho Palos Verdes, California 90275
This Coastal Single-Family Residence is a Strong Value Opportunity, listed at $1,549,000—positioned below the $1,577,947 Fair Market Value by 1%. This valuation gap offers $28,947 in Instant Equity. While the property maintains a Dated Condition Rating, it boasts a rare Partial Ocean View and an expansive 9,366 sqft lot. Located within the prestigious Palos Verdes Peninsula Unified School District near Montemalaga Elementary, this home provides immense potential for forced appreciation. It is perfectly suited for Owner-Occupants or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27045 Springcreek Subject | $1,549,000* List Price | 3 | 2 | 1,612 | $985 | - |
A 27053 Freeport Rd. Sold | $1,525,000 | 3 | 2 | 1,586 | $962 | 0.4 mi |
B 6543 Monero Drive Sold | $1,480,000 | 3 | 2 | 1,684 | $879 | 0.4 mi |
C 26902 Basswood Sold | $1,525,000 | 3 | 2 | 1,612 | $946 | 0.6 mi |
D 27120 Springcreek Sold | $1,805,000 | 3 | 2 | 2,110 | $855 | 0.1 mi |
E 26935 Whitestone Road Sold | $1,620,000 | 4 | 2 | 1,890 | $857 | 0.1 mi |
F 27151 Pembina Road Sold | $1,310,000 | 3 | 2 | 1,460 | $897 | 0.6 mi |
G 26813 Springcreek Active | $1,698,000 List Price | 3 | 2 | 1,602 | $1,060 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this home is well-maintained but dated. The kitchen features older tile countertops and oak-style cabinetry, and the bathrooms reflect a renovation style likely 20+ years old. While it features some newer windows, a newer water heater, and laminate flooring, it requires cosmetic updates to the primary systems and living areas to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9366, living area = 1612.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property is situated within the prestigious Palos Verdes Peninsula Unified School District, offering access to top-rated schools like Peninsula High, which significantly bolsters long-term property value.
With 1,612 square feet of living space, the home's footprint is relatively small for the $1.5M+ price bracket, which may be a constraint for buyers seeking expansive interiors.
Built in 1960, the home retains some older finishes and a traditional layout that may require additional capital investment to meet the aesthetic expectations of modern luxury buyers.
Nestled in the highly sought-after Grandview neighborhood of Rancho Palos Verdes, this charming single-level home offers the perfect blend of comfort, convenience, and coastal living. Located within the award-winning Palos Verdes Peninsula Unified School District, it’s just moments from Cornerstone Elementary School, Palos Verdes Peninsula High School, and Ridgecrest Intermediate School—making it an exceptional opportunity for families. One of this home’s standout features is its rare partial ocean view, stretching across the South Bay from Redondo Beach to Malibu. Thanks to the unique topography of Springcreek Drive, only a select few homes enjoy this vantage point—offering a daily reminder that the coast is just moments away. The home features 3 bedrooms and 2 bathrooms, thoughtfully designed for comfortable everyday living. A light-filled interior showcases wood laminate flooring throughout, crown molding in the living room, den, kitchen, and primary bedroom, and a beautifully crafted custom granite gas fireplace that anchors the living space. The versatile front bedroom is ideal as a home office or guest room, while all bedrooms offer generously sized closets. Step outside to a private backyard retreat, elevated above neighboring homes for added privacy and enhanced views. A gated side yard provides the perfect space for pets, while the inviting front porch offers a peaceful spot to relax and unwind. Additional highlights include a well-appointed kitchen with breakfast counter, a convenient utility room with washer/dryer hookups, and a spacious 2-car garage complete with overhead storage deck, built-in cabinets, and room for an extra refrigerator or freezer. Recent upgrades include a newer water heater and updated windows in the living room and front bedroom. Ideally located near Peninsula Promenade, Peninsula Center Library, and outdoor destinations like Fred Hesse Community Park, Pt Vicente, and Terranea. This home offers easy access to shopping, dining, and recreation—all within a quiet and welcoming community. A rare opportunity to own a well-cared-for home with a piece of coastal beauty in one of the Peninsula’s most desirable neighborhoods—Home begins here!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,612 | 2,458 | 8% |
| Lot Size | 9,366 | 11,324 | 39% |
| Price | $1.55M | $1.89M | 20% |
| Price per sq ft | $961 | $775 | 83% |
| Built year | 1960 | 1964 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 144 | 5% |
May 7, 2026
$1,549,000
Initial Listing
Oct 31, 2002
$610,000
Public Record
Jun 12, 1997
$380,000
Public Record
Jul 21, 1995
$360,000
Public Record