328 N Terrace View Drive, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 5 bath

328 N Terrace View Drive, Monrovia, California 91016 home-pic-0
ACTIVE$5,380,000
328 N Terrace View Drive, Monrovia, California 91016
4Beds
5Baths
6,871Sqft
108,389Lot
Year Built
2008
Close
-
List price
$5.38M
Original List price
$5.68M
Price/Sqft
$783
HOA
$35
Days on market
-
Sold On
-
MLS number
WS24225607
Home ConditionGood
Features
Excellent View: City Lights
Deck
Pool
Spa
Patio
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $5.38M(99th), sqft - 6871(99th), beds - 4(73th), baths - 5(97th).

******Huge Price Reduction****** Indulge in the epitome of luxury living! Prepare to be captivated by this custom-built, European-inspired masterpiece, meticulously crafted in 2008 with meticulous attention to architectural design, premium materials, and flawless craftsmanship. Prepare to be awestruck by the breathtaking panoramic views of the majestic San Gabriel Mountains and the shimmering city lights that adorn the horizon. As you step through the custom glass and iron doors, the foyer unveils a world of opulence. The estate exudes grandeur, adorned with sparkling crystal chandeliers, exquisite marble floors, and ceilings that reach for the heavens. The state-of-the-art gourmet kitchen is a culinary enthusiast's dream, equipped with two distinct prep areas: a Chinese Wok Style and a Japanese Teppanyaki Seafood Bar, meticulously crafted in Germany. The first level of this palatial residence features a magnificent two-story circular library, an elegant formal living room with a cozy fireplace, a grand staircase that invites you to explore further, a family room with a fireplace to unwind in, a convenient laundry room, a bar area complete with a wine cooler, an elevator for seamless accessibility, a guest bathroom, a generously sized bedroom with an en-suite bathroom, and multiple patio areas beckoning you to bask in the serene ambiance. Among these outdoor spaces, one opens up to reveal a dazzling pool and spa, surrounded by majestic mountains that create an awe-inspiring backdrop. Ascending to the second floor, you will discover three stately bedrooms, each boasting its own bathroom adorned with jetted tubs for unparalleled relaxation. Expansive walk-in closets feature custom-built wooden organizers, catering to your every storage need. Private balconies offer a personal sanctuary, while a dedicated media room provides an immersive entertainment experience. For an unrivaled vantage point, step onto the magnificent covered balcony and revel in the awe-inspiring sunrises and sunsets that paint the sky in vibrant hues. Spanning across 6871 sqft of living space, this extraordinary estate accommodates four bedrooms and five bathrooms, ensuring ample room for your every desire. Resting on nearly 2.5 acres of land, this property truly presents a view from the top, allowing you to relish in the splendor of your surroundings. Don't miss the opportunity to experience the pinnacle of luxury living.

Condition Rating
Good

Built in 2008, this property falls within the 10-20 year age range for a 'Good' condition rating. The listing description and images reveal a meticulously maintained, custom-built estate with high-end, luxurious finishes throughout, including exquisite marble floors, crystal chandeliers, and custom cabinetry. The state-of-the-art gourmet kitchen, featuring specialized German-crafted prep areas (Wok and Teppanyaki) and professional-grade appliances, appears to be in excellent, pristine condition. Bathrooms are equally luxurious with jetted tubs and quality materials, showing no signs of significant wear or outdated functionality. All systems and components appear well-maintained and functional, making the property move-in ready with no immediate renovations required. While the opulent European-inspired style might be considered less contemporary by some, the overall quality and condition are exceptional.
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 = 108389, living area = 6871.
Panoramic Views: The property offers breathtaking panoramic views of the majestic San Gabriel Mountains and shimmering city lights, enhancing its desirability and value.
Exceptional Craftsmanship & Luxury Finishes: Meticulously custom-built in 2008 with premium materials, featuring exquisite marble floors, sparkling crystal chandeliers, and high ceilings, exuding grandeur.
Gourmet Chef's Kitchen: A state-of-the-art kitchen designed for culinary enthusiasts, equipped with unique Chinese Wok and Japanese Teppanyaki prep areas, meticulously crafted in Germany.
Extensive Luxury Amenities: Features include a two-story circular library, elevator, media room, bar with wine cooler, multiple fireplaces, jetted tubs, custom closets, and a dazzling pool and spa.
Spacious & Private Estate: Boasts 6871 sqft of living space on a substantial nearly 2.5-acre lot, providing ample room, privacy, and multiple outdoor living areas including balconies and patios.

Cons

Niche Market Appeal: The highly specialized kitchen features and distinct European-inspired architectural style, while luxurious, may appeal to a very specific buyer demographic, potentially limiting market reach.
High Operating Costs: The expansive size (6871 sqft, 2.5 acres) and numerous luxury amenities (pool, spa, specialized kitchen equipment) will likely incur significant ongoing maintenance, utility, and property tax expenses.
Potential for Style Updates: Built in 2008 with opulent finishes like crystal chandeliers and marble floors, some design elements might be perceived as less contemporary by certain luxury buyers, potentially requiring aesthetic updates.

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