1531 Rodeo Road, Arcadia, California 91006, Arcadia, 91006 - 6 bed, 6 bath

1531 Rodeo Road, Arcadia, California 91006 home-pic-0
ACTIVE$4,760,000
1531 Rodeo Road, Arcadia, California 91006
6Beds
6Baths
6,571Sqft
29,798Lot
Year Built
1951
Close
-
List price
$4.76M
Original List price
$5.16M
Price/Sqft
$724
HOA
-
Days on market
-
Sold On
-
MLS number
WS24204134
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $4.76M(91th), sqft - 6571(89th), beds - 6(90th), baths - 6(80th).

Discover this stunning tennis estate nestled in a prime North Arcadia neighborhood, boasting nearly 30,000 square feet of flat land and over 6,500 square feet of stylish living space. Designed with family needs in mind, this exceptional home features vaulted ceilings and tennis court lights that are hard to find in today's market. As you arrive via the expansive circular driveway, you'll be greeted by a grand two-story entryway. The home flows seamlessly from a cozy library into a spacious living room with a fireplace, leading to an impressive great room with a beamed ceiling, grand fireplace, and sunken wet bar—perfect for entertaining or family gatherings, filled with natural light. The first floor is entirely step-free, offering easy access to the park-like backyard. The gourmet kitchen, complete with custom cabinetry, high-end appliances, dual dishwashers and ovens, and an ice maker, overlooks the outdoor space, creating an inviting open floor plan with a connected dining area. A large laundry room with ample storage and a convenient bath/powder room are located just off the kitchen. This residence includes six bedrooms, featuring two master suites—one on each level. The luxurious main-level master retreat boasts a sitting area with a third fireplace, two bathrooms, three closets, and French doors leading to the backyard. Additionally, two spacious bedrooms are located on the first floor, one of which is currently an office. The upper-level master suite features a generous walk-in closet, with two additional bedrooms sharing a large bathroom. Step outside to enjoy a spectacular outdoor living area that includes a vast green space, fenced swimming pool and spa, regulation-sized lighted tennis court, and mature fruit trees. With a large patio accessible from the kitchen, great room, and master suite, this home offers the ultimate indoor/outdoor living experience. Enjoy the privacy of this estate while being conveniently located near top public and private schools, Westfield Shopping Mall, Santa Anita Race Track, L.A. Arboretum, golf courses, shops, restaurants, parks, and easy access to the 210 Freeway.

Condition Rating
Good

Despite being built in 1951, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The gourmet kitchen features modern custom cabinetry, high-end stainless steel appliances (dual ovens, dual dishwashers), contemporary countertops, and stylish tile flooring and backsplash. The bathrooms are also fully updated with modern vanities, fixtures, large format tiling, and glass shower enclosures, presenting a virtually new appearance. Throughout the home, modern hardwood flooring and clean carpets are in excellent condition, complemented by updated lighting. The overall aesthetic is contemporary and move-in ready, indicating a significant renovation within the last 5-15 years, aligning well with the 'Good' condition criteria.
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 = 29798, living area = 6571.
Exceptional Lot Size & Amenities: Boasting nearly 30,000 square feet of flat land, the property features a regulation-sized lighted tennis court, swimming pool, spa, and mature fruit trees, offering rare and desirable resort-like outdoor living.
Prime North Arcadia Location: Situated in a highly sought-after North Arcadia neighborhood, it offers convenient access to top-rated Arcadia Unified schools, Westfield Shopping Mall, Santa Anita Race Track, and major freeways.
Spacious & Flexible Living: With over 6,500 square feet of living space, 6 bedrooms, and 6 bathrooms, including two master suites (one on each level) and a step-free first floor, the home accommodates diverse family needs and multi-generational living.
High-End Entertaining Features: The property is designed for grand entertaining with an impressive great room, beamed ceiling, grand fireplace, sunken wet bar, gourmet kitchen with custom cabinetry and high-end appliances, and seamless indoor/outdoor flow.
Unique Architectural Elements: Features such as vaulted ceilings, a grand two-story entryway, a cozy library, and multiple fireplaces add significant character and luxury, distinguishing it from other properties.

Cons

Significant Price Discrepancy: The current list price of $4.76M is substantially higher than the estimated property value of $3.016M, suggesting a potential overvaluation or a need for a significant price adjustment to align with market expectations.
Older Construction Year: Built in 1951, the property's age may imply dated systems, infrastructure, or aesthetic elements that could require future updates or higher maintenance costs compared to newer luxury homes in the area.
Market Positioning Against Newer Builds: Despite its extensive features, the 1951 build year may struggle to compete on price with several newer (2000s and 2017) luxury comparables in the immediate vicinity that offer similar or greater square footage and modern amenities at comparable or higher price points.

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