37 Mela, Rancho Palos Verdes, California 90275, Rancho Palos Verdes, 90275 - 3 bed, 4 bath

37 Mela, Rancho Palos Verdes, California 90275 home-pic-0

37 Mela

Rancho Palos Verdes, California 90275

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
4Baths
2,896Sq Ft
4,960Lot Size

Property Price

LIST PRICE$1,650,000
EST. MARKET VALUE
$1,144,828
44% AboveMARKET VALUE

SUMMARY

Analysis of 37 Mela, Rancho Palos Verdes, California 90275 reveals a property with a current list price of $1,650,000, which is 44% above the estimated $1,144,828 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Palos Verdes Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,144,828
Based on Realkey algorithm analyzing recent comparable sales in Rancho Palos Verdes.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
37 Mela
Subject
$1,650,000*
List Price
342,896$395-
A
9 Mela
Sold
$1,514,000232,836$5340.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1979, the property has undergone a comprehensive and high-end renovation within the last 5 years. The kitchen and all bathrooms are fully remodeled with modern finishes and premium appliances. Additional upgrades including new hardwood floors, windows, sliding doors, and smart home technology (Nest) place this home in like-new condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

CONSRISKS & DEFICIENCIES

About 37 Mela

Welcome to a rare offering within one of Rancho Palos Verdes’ most sought-after private gated communities. Set behind secure gates in the exclusive Village Verde enclave—comprised of only 33 homes—this beautifully updated residence delivers privacy, comfort, and timeless style in a neighborhood where listings are exceptionally rare. This 3-bedroom, 3.5-bath home spans 2,896 square feet and features a highly functional floor plan designed for both entertaining and everyday living. A formal entry opens to soaring ceilings and skylights that flood the home with natural light. The main level includes a spacious family room, living room with wet bar, dining area, open kitchen, and a full ensuite bedroom—ideal for guests or extended family. The fully remodeled kitchen is the heart of the home, showcasing a large center island, hardwood flooring, custom finishes, modern lighting, and premium appliances. Upstairs, the expansive primary suite offers a fireplace, generous closet space, and a completely remodeled spa-like bathroom. A third ensuite bedroom includes custom built-ins and thoughtful storage. Extensive upgrades include remodeled bathrooms, new hardwood floors, updated fireplaces, refinished ceilings, new windows and sliding doors, Nest thermostat, interior and exterior paint, custom wrought-iron railings, and newly designed front and backyard landscaping. Residents enjoy secure gated entry, a community pool and tennis courts, and a quiet, neighborly atmosphere. Ideally located near Peninsula Center shopping, dining, grocery stores, scenic trails, and Del Cerro Park—this is gated Peninsula living at its finest.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
4,960 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$600.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
27%
Baths4.03.0
73%
Square foot2,8962,488.5
67%
Lot Size4,96010,223
2%
Price$1.65M$1.93M
31%
Price per sq ft$570$779
9%
Built year19791965
86%
HOA$600.0$0
97%
Days on market18194
1%

Pricing History

Listed for Sale

Feb 16, 2026

$1,650,000

Initial Listing

Sold

May 10, 2017

$995,000

Public Record

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