10322 Mary Bell Avenue, Shadow Hills, California 91040, Shadow Hills, 91040 - 7 bed, 5 bath

10322 Mary Bell Avenue, Shadow Hills, California 91040 home-pic-0
ACTIVE$1,800,000
10322 Mary Bell Avenue, Shadow Hills, California 91040
7Beds
5Baths
4,706Sqft
44,997Lot
Year Built
1964
Close
-
List price
$1.8M
Original List price
$2M
Price/Sqft
$382
HOA
-
Days on market
-
Sold On
-
MLS number
BB24230326
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Deck
Pool
Spa
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $1.80M(95th), sqft - 4706(99th), beds - 7(99th), baths - 5(95th).

Tucked away near the end of Mary Bell in Shadow Hills, this unique property offers TWO separate homes on over an acre of land. The primary residence features a split-level design with five bedrooms, a spacious living and dining area with a fireplace overlooking the pool and spa, and a kitchen ready for your vision of open-concept living. A half-flight down, the family room connects to two bedrooms and a bath, while upstairs, the primary suite boasts a private bath and a generous deck with breathtaking views, in addition to 2 other bedrooms. The primary house needs remodeling and cosmetic updates throughout, yet there is a fantastic floor plan and an attached two-car garage. The guest house, a legal second home (not an ADU), spans over 2,200 square feet and includes soaring ceilings, a spacious living and family room, a kitchen, and a bedroom and bath on the main level. A patio off the living room captures stunning views of Shadow Hills, while the lower level offers another bedroom, an oversized bath, and a laundry room. The guest house has its own detached 2 car garage. This property sits adjacent to Edison land, where the new owner can apply for a lease allowing use of the space, currently home to a four-stall horse barn with feed and tack space included in the sale. The current Edison lease is $210.06 per year. Both homes have brand-new roofs under warranty, and the main house features a new HVAC system. The main house is 2462 SF (A) and the legal guest house is 2244 SF (M). This location is ideal with nearby freeways and the Burbank Airport, and yet the feel of country equestrian life. A rare find, this exceptional estate offers space, versatility, and incredible potential.

Condition Rating
Fair

Built in 1964, the property's main residence explicitly requires 'remodeling and cosmetic updates throughout,' as evidenced by very dated kitchens (old cabinets, appliances, laminate counters, fluorescent lighting) and bathrooms (original tile, old vanities). However, both homes benefit from brand-new roofs and the main house has a new HVAC system, addressing critical major components. The separate guest house is significantly more updated, featuring modern kitchen appliances, countertops, cabinets, and contemporary bathrooms. The overall condition is a blend; while the main house's interior is largely outdated and needs substantial renovation, the recent major system upgrades and the good condition of the guest house prevent a 'Poor' rating. It is functional but requires significant cosmetic and functional updates in the primary living space.
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 = 44997, living area = 4706.
Dual Residences: The property features two distinct, legal homes (main house and a 2,200+ sqft guest house) on over an acre, offering exceptional versatility for multi-generational living, rental income, or dedicated workspaces.
Equestrian Amenities: Direct access to leased Edison land with an existing four-stall horse barn provides a rare and valuable amenity for equestrian enthusiasts at a minimal annual cost.
Expansive Lot & Privacy: Over an acre of land (44,997 sqft) ensures significant space, privacy, and potential for further outdoor enhancements or landscaping.
Recent Capital Improvements: Both homes boast brand-new roofs under warranty, and the main house features a new HVAC system, significantly reducing immediate major expenses for a buyer.
Desirable Location & Views: Offers a unique blend of country equestrian lifestyle with convenient access to freeways and Burbank Airport, complemented by breathtaking mountain and neighborhood views from multiple vantage points.

Cons

Primary Residence Renovation Needed: The main house explicitly requires 'remodeling and cosmetic updates throughout,' indicating a substantial investment of time and capital for the new owner to modernize.
Older Construction: Built in 1964, the property's age suggests potential for outdated systems or components beyond the noted recent upgrades, which may require future attention and investment.
Leased Land Dependency: While beneficial, the equestrian facilities are situated on leased Edison land, not owned, introducing a dependency on a third-party agreement for continued use, despite the current low annual cost.

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