RealKey
‪(213) 433-7766‬

1849 Ayers Way, Burbank, California 91501, Burbank, 91501 - 4 bed, 3 bath

1849 Ayers Way, Burbank, California 91501 home-pic-0
ACTIVE$1,595,000
1849 Ayers Way, Burbank, California 91501
4Beds
3Baths
3,214Sqft
7,244Lot
Year Built
1980
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$496
HOA
$200
Days on market
-
Sold On
-
MLS number
SR25121648
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.59M(58th), sqft - 3214(87th), beds - 4(65th), baths - 3(55th).

Welcome to 1849 Ayers Way – a true hidden gem nestled in the prestigious Burbank Hills! This unique property is bursting with potential and awaits your personal touch to transform it into a dream retreat. Step inside and imagine the possibilities: spacious living areas filled with natural light, a unique wine cellar ready to showcase your collection, and a layout that invites your creative vision. The backyard offers endless potential—transform it into a private oasis with a sparkling pool, lush gardens, or an entertainer’s paradise. Located in a quiet, upscale neighborhood, you’re just minutes from the best of Burbank. Enjoy proximity to beloved local spots like Porto’s Bakery, Castaway Restaurant, and the Burbank Town Center. Top-rated schools, scenic hiking trails, and major studios such as Warner Bros. and Disney are all nearby, making this location as convenient as it is desirable. Don’t miss your chance to create something truly special. Bring your imagination and make this Burbank gem your own! Some photos have been virtually enhanced to provide potential before and after ideas.

Condition Rating
Poor
Built in 1980, this property is 44 years old and shows clear signs of needing substantial renovation. The description explicitly states it 'awaits your personal touch' and uses 'virtually enhanced photos' to show potential, indicating the current state is far from updated. The kitchen (Image 6) is very basic with outdated appliances and finishes, requiring a complete overhaul. The backyard features an empty, dilapidated pool with overgrown surroundings (Image 3), necessitating significant repairs and rehabilitation. While some minor updates might be present (e.g., shower tile in Image 7), the overall condition, particularly the kitchen and neglected outdoor areas, points to a property that requires considerable investment to be move-in ready and comfortable.
Pros & Cons

Pros

Prime Location: Nestled in the prestigious Burbank Hills, the property offers a quiet, upscale neighborhood setting with convenient access to top-rated schools, local amenities like Porto’s Bakery and Castaway Restaurant, and major studios (Warner Bros., Disney).
Development Potential: The property boasts a generous 7,244 sqft lot and a backyard with 'endless potential' for customization, including space for a pool, lush gardens, or an entertainer’s paradise, appealing to buyers looking to create a dream retreat.
Spacious Interior: With 3,214 sqft of living space, the home offers spacious living areas filled with natural light and a flexible layout that invites creative vision for personalization.
Unique Amenity: The inclusion of a unique wine cellar provides a distinctive and desirable feature for wine enthusiasts, adding character and appeal to the property.
Desirable Views: The property offers desirable mountain views, enhancing its aesthetic appeal and potential resale value.

Cons

Significant Price Discrepancy: The list price of $1,595,000 is substantially higher than the estimated property value of approximately $1,060,230, indicating potential overpricing or a need for significant investment to justify the asking price.
Requires Extensive Renovation: The description emphasizes 'potential' and 'personal touch,' and the use of 'virtually enhanced photos' suggests the property is not move-in ready and will require considerable renovation and financial outlay from the buyer.
Age-Related Updates: Built in 1980, the property is over 40 years old, which often implies that major systems (HVAC, plumbing, electrical) and interior finishes may be original or outdated, potentially requiring costly updates or replacements in the near future.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state