2115 Pinecrest Dr, Pasadena, California 91001, Pasadena, 91001 - bed, bath

2115 Pinecrest Dr, Pasadena, California 91001 home-pic-0
ACTIVE$1,499,000
2115 Pinecrest Dr, Pasadena, California 91001
0Bed
0Bath
Sqft
32,927Lot
Year Built
1947
Close
-
List price
$1.5M
Original List price
$1.8M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22472
Home ConditionTear down
Features
Excellent View: City Lights, Mountain(s), Neighborhood
ViewCity Lights,Mountain(s),Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(75th), sqft - 0(7th), beds - undefined(12th), baths - undefined(12th).

Set behind a private drive and resting against the hillside, 2115 Pinecrest Dr offers a rare invitation to begin again. The land stands open, with winding paths, terraced gardens, and hillside stairways that climb to quiet overlooks where city lights and mountain ridgelines meet the horizon. Pinecrest moves with possibility: flat pads ready for building, hidden overlooks waiting to be rediscovered. There is a softness here, a rhythm to the light and air that invites reflection, imagination, and new beginnings. This is a rare chance to create something deeply personal in one of Altadena's most special settings. Currently, Altadena Community Standards allow for a gross structural area of up to 9,156 square feet. This limit does not include an additional allocation for a garage or ADU. Public records indicate the original home lost in the Eaton Fire was 1,021 square feet with 1 bed and 1 bath, plus a detached 1 bed, 1 bath studio. Phase 2 debris removal has been completed, and the property is being sold as land only.

Condition Rating
Tear down

The MLS listing explicitly states that the original home was lost in a fire, debris removal has been completed, and the property is being sold as land only. There is no existing structure to assess for condition, kitchen, or bathroom features. The value is entirely based on the land and its potential for new construction, aligning with the 'tear-down' criteria where the property's value is based solely on the land and its potential for redevelopment.
Pros & Cons

Pros

Development Potential: Offers significant build potential with Altadena Community Standards allowing up to 9,156 sq ft gross structural area, plus additional allocation for a garage or ADU, on existing flat pads.
Panoramic Views: Boasts exceptional city lights and mountain ridgeline views from various overlooks, enhancing future property value and living experience.
Exclusive Private Setting: Situated behind a private drive and nestled against the hillside, ensuring a secluded and tranquil environment.
Expansive Lot Size: A substantial 32,927 sq ft lot provides ample space for a custom estate, extensive landscaping, and outdoor amenities.
Unique Natural Landscape: Features winding paths, terraced gardens, and hillside stairways, offering a distinctive and inspiring canvas for a bespoke residence.

Cons

Requires Full New Construction: Sold as land only, necessitating a complete new build from the ground up, which involves significant time, planning, and financial commitment.
High Upfront Cost for Land: The list price of $1.499 million for land alone represents a substantial initial investment before any construction begins.
Potential Hillside Construction Complexity: Building on a terraced hillside, while offering views, may involve increased engineering, foundation, and construction costs compared to a flat lot.

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