28709 Rothrock Drive, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 5 bed, 3 bath

28709 Rothrock Drive, Rancho Palos Verdes, California 90275 home-pic-0
ACTIVE$2,495,000
28709 Rothrock Drive, Rancho Palos Verdes, California 90275
5Beds
3Baths
2,440Sqft
10,430Lot

Price Vs. Estimate

The estimated value ($1,539,309.505) is $955,690.495 (38%) lower than the list price ($2,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10430, living area = 2440.
Top Cons:
Significant Overpricing Concern: The current list price of $2.495M is substantially higher (approximately 38% above) the estimated market value of $1.54M, which may deter potential buyers and impact marketability.

Compared to the nearby listings

Price:$2.50M vs avg $1.90M (+$595,000)82%
Size:2,440 sqft vs avg 2,396 sqft52%
Price/sqft:$1.0K vs avg $79388%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this property has undergone extensive and thoughtful updates, making it move-in ready. The kitchen features modern white cabinetry, stainless steel appliances, a large island, and light countertops, all appearing to be recently installed. The bathrooms are also remodeled with contemporary vanities, fixtures, and tiling, including a spacious walk-in shower. The home boasts newer paint, wood floors, smooth ceilings with recessed lighting, Pella windows & sliders, central A/C & heating, and a solar system, indicating significant investment in modernizing key components. While not a brand-new construction or a full gut renovation within the last 5 years, the quality and style of the updates are well within the 5-15 year range, aligning perfectly with a 'Good' condition score.
Year Built
1964
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,023
HOA
-
Days on market
-
Sold On
-
MLS number
PV25019908
Home ConditionGood
Features
Excellent View: Catalina, Ocean, Panoramic
Pool
Spa
Patio
ViewCatalina, Ocean, Panoramic

About this home

View! View! View! Don’t miss the opportunity to live in this PANORAMIC OCEAN VIEW home that has been thoughtfully updated throughout the years. Highlights include newer paint, wood floors, smooth ceilings with recessed lighting, Pella windows & sliders, Hunter Douglas shades, remodeled bathrooms, a resurfaced fireplace, central A/C & heater and a solar system. A picturesque red brick walkway surrounded by a landscaped path and a grassy lawn leads to the welcoming double-door entry. Inside, the spacious living room showcases an LED back-lit quartzite fireplace, with sweeping ocean views as the backdrop. Step through the sliding door to enjoy the sparkling pool and bubbling spa - perfect for entertaining. The family room opens to a serene side yard, ideal for BBQs and gatherings. Meanwhile, the bright kitchen makes cooking a joy, offering a formal dining area, a casual breakfast nook, and breathtaking ocean & Catalina views. ON THE UPPER LEVEL, the expansive primary suite boasts oversized windows framing endless blue horizons, a large closet, and an ensuite bathroom. There is another bedroom with a great ocean view and 3 other good size bedrooms on this level. A large hallway full bathroom upstairs and a finely appointed powder room downstairs complete this family residence. Ideally located near parks, golf courses, top-rated schools, shops, restaurants, and the best of Palos Verdes outdoor living. This is more than a house—it’s home!

Nearby schools

9/10
Vista Grande Elementary School
Public,K-50.3mi
9/10
Ridgecrest Intermediate School
Public,6-81.2mi
8/10
Palos Verdes High School
Public,9-121.4mi
10/10
Palos Verdes Peninsula High School
Public,9-121.5mi

Price History

Date
Event
Price
07/18/19
Sold
$1,475,000
Condition Rating
Good

Despite being built in 1964, this property has undergone extensive and thoughtful updates, making it move-in ready. The kitchen features modern white cabinetry, stainless steel appliances, a large island, and light countertops, all appearing to be recently installed. The bathrooms are also remodeled with contemporary vanities, fixtures, and tiling, including a spacious walk-in shower. The home boasts newer paint, wood floors, smooth ceilings with recessed lighting, Pella windows & sliders, central A/C & heating, and a solar system, indicating significant investment in modernizing key components. While not a brand-new construction or a full gut renovation within the last 5 years, the quality and style of the updates are well within the 5-15 year range, aligning perfectly with a 'Good' condition score.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10430, living area = 2440.
Great Schools: Elementary School: Vista Grande Elementary School (9/10). Middle School: Ridgecrest Intermediate School (9/10). High School: Palos Verdes Peninsula High School (10/10).
Panoramic Ocean Views: The property offers breathtaking panoramic ocean and Catalina Island views from multiple rooms, including the kitchen and primary suite, significantly enhancing its appeal.
Extensive Modern Updates: The home has been thoughtfully updated with newer paint, wood floors, smooth ceilings, recessed lighting, Pella windows & sliders, Hunter Douglas shades, and remodeled bathrooms, providing a contemporary living experience.
Private Outdoor Amenities: Features a sparkling pool and bubbling spa, perfect for relaxation and entertaining, complemented by a serene side yard ideal for gatherings.
Energy Efficiency & Comfort: Equipped with central A/C & heating and a solar system, offering modern comfort and potential energy cost savings.
Desirable Location & Schools: Ideally situated near parks, golf courses, shops, restaurants, and within the highly-rated Palos Verdes Peninsula Unified School District.

Cons

Significant Overpricing Concern: The current list price of $2.495M is substantially higher (approximately 38% above) the estimated market value of $1.54M, which may deter potential buyers and impact marketability.
Age of Construction: Built in 1964, the property's underlying structure is 60 years old, which, despite updates, could raise concerns about potential deferred maintenance or older infrastructure not explicitly mentioned as replaced.
Bathroom-to-Bedroom Ratio: With 5 bedrooms and 3 bathrooms (likely 2 full and 1 half bath based on description), the ratio may be considered low for a property of this size and price point, potentially impacting family functionality.

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