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7022 Lofty Grove Drive, Rancho Palos Verdes, CA 90275

$1.65M3bd · 2ba · 1,544 sqft
Lot 7,142 sqft•Single Family Residence•
Active
•173d on market•MLS# 00-26777747

Property Description

Beautifully updated single-story home in the heart of Los Verdes area of Rancho Palos Verdes. With 3 bedrooms and 2 bathrooms, this home offers a great blend of comfort, style, and an easy, livable layout. As you walk in, you're greeted by a bright, open space. The living room gets tons of natural light from the French doors and newer dual-pane windows. The kitchen opens right up to the living and dining areas, making it easy to stay connected whether you're cooking or entertaining. It's been tastefully updated with modern finishes, newer cabinetry, updated countertops, and stainless steel appliances. The center island is a great bonus, perfect for casual meals, prepping, or just central gathering spot. Updated flooring run throughout the home and tie everything together with a clean, timeless look, complemented by updated finishes and thoughtful details throughout. Out back, you've got a private yard with fruit trees and open yard. The patio and trellis is a great feature for outdoor living, weekend get-togethers, or just enjoying some fresh air. The home also features a newer A/C system for added comfort, along with an attached two-car garage that offers plenty of space for parking and storage. All of this is set in a quiet, well-loved neighborhood close to parks, schools, and everyday conveniences. It's one of those homes that just feels right the moment you drive in seeing the ocean view as you arrive home.

Features & Amenities

FeeBuilt 1962

Property Details

Land Type
Fee
Year Built
1962
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
City
Rancho Palos Verdes
Zip Code
90275
County
Los Angeles
Listed byUnknown Office, William Chiang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,338.24
Principal & Interest
Loan Amount
$1,319,200
Total Interest
$1,682,567
Total Payment Over 30 Years
$3,001,767
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

7022 Lofty Grove Drive, Rancho Palos Verdes, CA 90275

Rancho Palos Verdes · Single Family Residence

$1.65M
Luxury Tier
Beds
3
Baths
2
Sqft
1,544
Lot
7,142 sqft
Year
1962
$/Sqft
$1068
Pool: No✓
Spa: No✓
View: water✓

Listed 6.4% above the median closed sale of $1,550,000. Price per sqft ($1,068) is a 15% premium to closed comps ($930). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.65M· $1,068/sqft
Total list price
Closed comps
vs closed median $1.55M
+$99K (+6.4%)
Active comps
vs active median $1.55M
+$100K (+6.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,291
−$223 (−17.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
122 Spindrift LaneRancho Palos Verdes1950221,1594,560$3,020$3.50M16680
27108 Woodbrook RoadRancho Palos Verdes1958421,6707,325$719$1.20M6876
27727 Hawthorne BoulevardRancho Palos Verdes1959321,7067,504$908$1.55M275
1957 Redondela DriveRancho Palos Verdes1960421,7906,856$835$1.50M2574
26 Packet RoadRancho Palos Verdes1954321,7919,124$974$1.75M18969
Total: 5 · Average3.22.01,623.27,073.8$1,291.2$1.90M90
Median1,706$1.55M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28752 PlainfieldRancho Palos Verdes196309/09/2026321,4607,471$1.57M$1.55M$1,0620.9910179
6954 Kings HarborRancho Palos Verdes197209/28/2026421,6727,009$1.75M$1.69M$1,0110.9710876
28631 Mount SawtoothRancho Palos Verdes197310/02/2026421,6248,054$1.30M$1.23M$7570.955574
26813 SpringcreekRancho Palos Verdes196008/13/2026321,6029,046$1.60M$1.53M$9550.967474
28031 Acana RoadRancho Palos Verdes196208/13/2026421,8167,403$1.65M$1.57M$8650.9513074
Total: 5 · Average3.62.01,634.87,796.6$1.51M$1.51M$930—93.6
Median1,624$1.55M$1.55M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.