251 S Griffith Park Drive, Burbank, California 91506, Burbank, 91506 - 5 bed, 5 bath

251 S Griffith Park Drive, Burbank, California 91506 home-pic-0
ACTIVE$2,655,000
251 S Griffith Park Drive, Burbank, California 91506
5Beds
5Baths
2,699Sqft
6,750Lot
Year Built
2024
Close
-
List price
$2.65M
Original List price
$2.68M
Price/Sqft
$984
HOA
-
Days on market
-
Sold On
-
MLS number
SR24204044
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $2.65M(95th), sqft - 2699(80th), beds - 5(87th), baths - 5(92th).

Back on the market - no fault of seller! Welcome to this stunning brand-new construction that embodies the epitome of modern design & luxury living. This exquisite custom built 5 bed, 4.5 bath two story home offers an unparalleled level of sophistication & comfort. From its stunning curb appeal, adorned with beautifully landscaped surroundings, to its exquisite interior, every detail has been carefully curated to create a truly remarkable living experience. Located in a highly sought after area of Burbank, this home is equipped with exceptional features & amenities crafted to impress even the most discerning buyers. As you enter through the beautiful wrought iron doors, you are welcomed by a light & bright elegant home that is adorned with high ceilings, recessed lighting, & a seamless fusion of laminate & tile flooring, & quartz countertops that create an irresistible allure. The property features a paid off solar system & electrical charging station, ensuring both eco-consciousness & cost efficiency. Seamlessly integrated smart home technology, encompassing an intercom, Nest thermostat, security cameras, & built-in speakers, ensures convenience & peace of mind. Indulge in effortless entertaining within the expansive living & dining area, complemented by an electric fireplace, or unwind in the family room adorned with its own electric fireplace. The culinary enthusiast will delight in the gourmet kitchen, appointed with quartz countertops, a full backsplash, ample cabinet space, wine cooler, & top-of-the-line stainless-steel appliances. The main level presents an ensuite bedroom & powder room for added convenience, while upstairs, the lavish master suite beckons with dual walk-in closets, a spa-inspired bathroom featuring a soaking tub, luxurious shower, double vanity with makeup table, and a private balcony overlooking the serene backyard oasis. The remaining bedrooms on the upper level are generously sized, with one bedroom offering a large walk-in closet & its own full bath. Another full bath & a walk-in laundry room with utility sink complete the upstairs layout. The backyard is a true retreat, featuring a sparkling heated saltwater pool & spa, large backyard for outdoor dining, built-in BBQ with granite countertop, sink, beverage cooler, & outdoor firepit, perfect for relaxation & entertainment. Other amenities include full copper plumbing, Navien tankless water heater, pavers, double pane windows, rain sensor sprinkler system, & much more!

Condition Rating
Excellent

This property is a brand-new construction built in 2024, meeting the highest standards for an 'excellent' rating. The description highlights modern design, luxury living, and custom-built features throughout. The gourmet kitchen boasts quartz countertops, a full backsplash, a wine cooler, and top-of-the-line stainless-steel appliances. Bathrooms are spa-inspired with soaking tubs, luxurious showers, and double vanities. The home includes high ceilings, recessed lighting, modern laminate and tile flooring, a paid-off solar system, an electrical charging station, and integrated smart home technology (intercom, Nest, security cameras, built-in speakers). All major systems are new, including full copper plumbing and a Navien tankless water heater. The outdoor area is equally impressive with a heated saltwater pool, spa, built-in BBQ, and firepit. There is no deferred maintenance or physical depreciation, indicating a pristine, move-in ready condition with all components being new and meeting current quality standards.
Pros & Cons

Pros

Brand New Construction & Modern Design: Built in 2024, this custom-built home features a stunning modern design, high ceilings, recessed lighting, premium laminate and tile flooring, and quartz countertops, offering contemporary luxury living.
Advanced Technology & Sustainability: Equipped with a paid-off solar system, an electrical charging station, and integrated smart home technology including an intercom, Nest thermostat, security cameras, and built-in speakers, ensuring eco-consciousness, convenience, and peace of mind.
Gourmet Kitchen & Luxurious Master Suite: The gourmet kitchen boasts top-of-the-line stainless-steel appliances, quartz countertops, a full backsplash, and a wine cooler. The master suite offers dual walk-in closets, a spa-inspired bathroom with a soaking tub, luxurious shower, double vanity, makeup table, and a private balcony.
Exceptional Outdoor Entertainment Area: The backyard is a true retreat featuring a sparkling heated saltwater pool and spa, a large area for outdoor dining, a built-in BBQ with granite countertop, sink, beverage cooler, and an outdoor firepit, ideal for relaxation and entertaining.
Prime Burbank Location & Quality Infrastructure: Located in a highly sought-after area of Burbank, the property also benefits from high-quality infrastructure including full copper plumbing, a Navien tankless water heater, double pane windows, and a rain sensor sprinkler system.

Cons

Extended Days on Market & Price Point: The property has been on the market for over six months with a minor price reduction, and its current list price is slightly above the estimated market value, suggesting potential overpricing or slower market reception compared to recent sales of similar new constructions.
Lack of Notable Views: The property description explicitly states 'view: None'. For a luxury home in a desirable California location, the absence of scenic views (e.g., city, hills, mountains) could be a minor detractor for some high-end buyers.
Potential for Higher Property Taxes: As a brand-new construction, the property will likely be reassessed at its full market value, potentially leading to higher annual property taxes compared to older homes in the area that may have lower assessed values due to Proposition 13.

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