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The ideas of local search and random walks have been used successfully in several recent satisficing planners. Random Walk-Driven Local Search (RW-LS) is a strong new addition to this family of planning algorithms. The method uses a greedy best-first search driven by a combination of random walks and direct node evaluation. In this way, RW-LS balances between exploration and exploitation. The algorithm has been implemented in the system Arvand-LS. Its performance is evaluated against other state of the art planners on problems from IPC-2011, as well as on scaled up instances from several IPC domains. The results show significant improvements in both coverage and plan quality.