
Rancho Palos Verdes, California 90275
This Spacious Ocean-View Residence is a Strong Value Opportunity, listed at $2,699,000—positioned well below the $2,772,742 Fair Market Value by 2%. This valuation gap offers $73,742 in Instant Equity. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and panoramic vistas, while providing room for cosmetic updates to maximize long-term appreciation. Located in the elite Palos Verdes Peninsula Unified School District, this property is an ideal acquisition for Owner-Occupants or discerning buyers seeking a high-potential coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28049 Lobrook Subject | $2,699,000* List Price | 4 | 5 | 3,788 | $732 | - |
A 28525 Covecrest Sold | $2,125,000 | 5 | 3 | 3,414 | $622 | 0.8 mi |
B 6554 Madeline Cove Sold | $2,220,000 | 5 | 4 | 2,788 | $796 | 0.7 mi |
C 28709 Rothrock Drive Active | $2,075,000 List Price | 5 | 3 | 2,440 | $850 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1970 with significant renovations that appear to be in the 10-20 year range. The kitchen features granite and stainless appliances, and the bathrooms are well-maintained with stone finishes. The home is functional and move-in ready, though some aesthetic choices (like the marble tiling) are slightly dated.
Elementary School: Vista Grande Elementary School (9/10). Middle School: Ridgecrest Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features breathtaking ocean vistas spanning from Catalina to Malibu, visible from multiple levels and expansive decks, significantly increasing its market appeal and value.
Situated within the highly-coveted Palos Verdes Peninsula Unified School District, the home provides access to top-rated schools with ratings ranging from 8 to 10.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11272, other record lot size in square feet = 11336. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The three-level floor plan may be a drawback for buyers seeking single-level living or those with mobility concerns, as it requires navigating stairs between the main living areas and bedrooms.
Built in 1970, while the kitchen has been updated, other original elements of this large residence may require additional capital investment to meet modern luxury aesthetic standards.
Breathtaking ocean vistas spanning from Catalina to Malibu take center stage in this thoughtfully designed three level home. Situated on an exceptionally quiet street and an expansive 11,000+ square foot lot, this four bedroom / five bathroom residence combines multiple living spaces with a seamless connection to the outdoors. The main level features direct access from the garage into a spacious kitchen with a large granite island, white cabinetry, and stainless steel appliances. The kitchen flows effortlessly into the formal dining room and the inviting living room, where a fireplace and glass doors provide panoramic views and open to an expansive ocean-view deck. One level below, all four bedrooms are thoughtfully positioned, including the impressive primary suite with stunning views, a luxurious bathroom, and abundant closet space. The lowest level offers a dramatic and inviting retreat, complete with a large family room, billiard area, and a sunken conversation space anchored by a second fireplace. Sliding glass doors open to a substantial wood deck and outdoor entertaining area, where the spectacular ocean views provide an unforgettable backdrop.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,788 | 2,473 | 91% |
| Lot Size | 11,272 | 11,324 | 49% |
| Price | $2.70M | $1.90M | 89% |
| Price per sq ft | $713 | $773 | 27% |
| Built year | 1970 | 1964 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 136 | 3% |
Jun 1, 2026
$2,699,000
Initial Listing
Jan 16, 2020
$2,033,000
Public Record