102 Mill Run, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 5 bath

102 Mill Run, Monrovia, California 91016 home-pic-0
ACTIVE$2,649,000
102 Mill Run, Monrovia, California 91016
4Beds
5Baths
3,914Sqft
16,125Lot
Year Built
1989
Close
-
List price
$2.65M
Original List price
$2.85M
Price/Sqft
$677
HOA
$400
Days on market
-
Sold On
-
MLS number
AR25032020
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewCity Lights,Mountain(s),Panoramic,Pool

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.65M(99th), sqft - 3914(98th), beds - 4(73th), baths - 5(97th).

PRICE IMPROVEMENT!!! Exquisite Newly Constructed Tudor Estate with Breathtaking Views. Perched in the heart of North Monrovia, this newly remodeled two-level estate seamlessly blends timeless Tudor architecture with modern sophistication. From the moment you arrive, the striking gabled rooflines, rich brick accents, and exquisite leaded glass windows command attention, evoking an air of stately elegance. Manicured landscaping and a charming brick pathway lead to the inviting front porch, setting the stage for the grandeur within. Step through the double-door entry into a magnificent foyer, where a dazzling light fixture illuminates gleaming marble floors. To the right, the formal living room impresses with soaring ceilings, an elegant marble fireplace, and oversized windows that bathe the space in natural light. The adjacent family room is equally captivating, featuring a dramatic bay window with breathtaking views, custom built-ins, a polished wet bar, and a stunning brick fireplace—perfect for intimate gatherings or quiet evenings. Designed for both grand entertaining and everyday luxury, the chandelier-lit dining room provides a refined setting for hosting, while the gourmet kitchen is a chef’s dream. Outfitted with premium stainless steel appliances, crisp white shaker cabinets, under-cabinet lighting, sleek granite countertops, and a cozy breakfast nook with patio access, this space is as functional as it is beautiful. The opulent primary suite is a true sanctuary, offering a generous sitting area with a fireplace, an oversized walk-in closet, and a private balcony showcasing panoramic vistas. The spa-like ensuite bath indulges with dual vanities, a soaking tub, and a walk-in shower. Step outside to an entertainer’s paradise—an idyllic backyard featuring a shimmering swimming pool, a rejuvenating spa, and ample space for al fresco dining and sun-soaked relaxation. Whether hosting a lively soirée or enjoying a quiet retreat, this outdoor oasis offers the ultimate in luxury living. Additional highlights include an attached three-car garage, a well-appointed laundry room with extra storage, and an unbeatable location near historic Old Town Monrovia, scenic parks, museums, and an array of fine dining options. This extraordinary view home offers a rare blend of elegance, comfort, and sophistication. Schedule your private tour today before this masterpiece slips away!

Condition Rating
Excellent

Despite being built in 1989, the property has been 'newly remodeled' with modern sophistication and high-end finishes throughout. The gourmet kitchen features premium stainless steel appliances, crisp white shaker cabinets, and sleek granite countertops. The primary spa-like bathroom includes dual vanities, a soaking tub, and a walk-in shower. Gleaming marble floors and dazzling light fixtures further indicate a recent, extensive, and high-quality renovation, aligning with the 'Excellent' criteria for properties extensively renovated within the last 5 years.
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 = 16125, living area = 3914.
Breathtaking Panoramic Views: The property offers stunning panoramic, city lights, and mountain views, prominently featured from the family room, primary suite balcony, and outdoor areas, significantly enhancing its appeal.
Extensive High-End Remodel & Architectural Appeal: Described as a 'newly remodeled' estate blending 'timeless Tudor architecture with modern sophistication,' featuring high-quality finishes like marble floors, custom built-ins, and elegant fireplaces.
Gourmet Kitchen & Luxurious Primary Suite: The chef's dream kitchen boasts premium stainless steel appliances, granite countertops, and shaker cabinets. The opulent primary suite includes a sitting area with a fireplace, oversized walk-in closet, and a spa-like ensuite bath.
Resort-Style Outdoor Living: The backyard is an 'entertainer’s paradise' with a shimmering swimming pool, rejuvenating spa, and ample space for al fresco dining and relaxation, offering a private luxury oasis.
Prime North Monrovia Location: Situated in the desirable North Monrovia, the property benefits from an 'unbeatable location' near historic Old Town Monrovia, scenic parks, museums, and fine dining options.

Cons

Significant Overpricing Relative to Market Estimation: The current listing price of $2,649,000 is substantially higher than the provided property estimation value of approximately $1,541,272, indicating a potential overvaluation in the current market.
Recent Price Reduction: The property has already undergone a 'PRICE IMPROVEMENT' from its original list price of $2,850,000, suggesting it may have been initially overpriced and could still be struggling to attract buyers at the current asking price.
Age of Original Construction: Despite being 'newly remodeled,' the property was originally built in 1989. While extensively updated, some buyers in this luxury price segment may prefer genuinely newer construction or a property with a more recent full rebuild.

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