345 E Colorado Boulevard 404, Pasadena, California 91101, Pasadena, 91101 - 4 bed, 5 bath

345 E Colorado Boulevard 404, Pasadena, California 91101 home-pic-0
ACTIVE$4,498,000
345 E Colorado Boulevard 404, Pasadena, California 91101
4Beds
5Baths
4,135Sqft
30,559Lot
Year Built
2007
Close
-
List price
$4.5M
Original List price
$4.9M
Price/Sqft
$1,088
HOA
$3,200
Days on market
-
Sold On
-
MLS number
NP25015251
Home ConditionGood
Features
Excellent View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $4.50M(99th), sqft - 4135(99th), beds - 4(97th), baths - 5(99th).

PASADENA - Experience the pinnacle of sophisticated city living in the heart of downtown Pasadena, where this opulent apartment-style residence offers panoramic views, high style and a stellar location. One of only 28 luxury condos in The Montana, a highly sought-after amenity-rich mixed-use building, this extraordinary single-level home hosts four bedrooms, and office/den with wet bar, and four- and one-half baths in approximately 4,135 square feet. Every detail is superb, including custom wall treatments, contemporary designer lighting fixtures, wood and natural stone flooring, 10' ceilings, solid stained-wood interior doors, custom paint, and a gallery-style grand hall with recessed barrel ceiling treatments. City views catch the eye upon entry in the formal foyer, which leads to a fireplace-warmed great room with surround sound and a stunning solarium that frames south-facing views of city lights. Open to a casual dining room, the kitchen is top-tier and features granite countertops with full backsplash, dark-stained wood cabinetry, a peninsula bar, island, pantry, and stainless-steel Wolf and Sub-Zero appliances including a six-burner cooktop with griddle. Secondary bedrooms are spacious, with some including an ensuite bath. For the ultimate escape, the primary suite reveals two baths with stone surrounds, and two walk-in closets with built-ins. Three parking spaces are reserved in The Montana’s secured subterranean parking garage. Introduced by a dramatic atrium-style entrance, The Montana reveals a private world of modern luxury, with public spaces adorned with natural finishes, artwork and an abundance of light. Residents enjoy 24-hour security, a full gym, an indoor pool and peaceful lounge. Relish front-row views from your living room of the world-famous Rose Parade as it proceeds along Colorado Boulevard, part of Historic Route 66. Paseo Colorado is directly across the street and offers an open-air setting with restaurants, shops and theaters. Ruth’s Chris Steakhouse is only a block away, and Old Town Pasadena, city hall, parks, excellent schools, the famed Pasadena Playhouse, museums, freeways and the Pasadena Convention Center are all close to home.

Price History

Date
Event
Price
09/01/25
Price Change
$4,498,000
01/25/25
Listing
$4,898,000
Condition Rating
Good

Built in 2007, this luxury condominium falls within the 10-20 year age range for a 'Good' rating. The property is described as opulent with superb details, featuring a top-tier kitchen with Wolf and Sub-Zero appliances, granite countertops, and dark-stained wood cabinetry, all appearing in excellent condition. Bathrooms boast stone surrounds and high-quality finishes. The wood and natural stone flooring, contemporary designer lighting, and overall presentation indicate a meticulously maintained, move-in ready home with minimal wear and tear, requiring no immediate renovations. While exceptionally well-kept and high-end, it does not explicitly state an extensive renovation within the last five years to qualify for an 'Excellent' rating based on its age.
Pros & Cons

Pros

Unbeatable Downtown Pasadena Location: Situated in the heart of downtown, offering unparalleled walkability to premier dining, shopping (Paseo Colorado), cultural attractions (Old Town, Pasadena Playhouse), and direct views of the Rose Parade.
Expansive & Luxuriously Appointed Interior: Spanning 4,135 sqft with 4 bedrooms, an office/den, and 4.5 baths, featuring high-end custom finishes, 10' ceilings, gourmet kitchen with Wolf/Sub-Zero appliances, and a lavish primary suite.
Exclusive Building with Premium Amenities: Located in 'The Montana,' a sought-after, amenity-rich building offering 24-hour security, a full gym, indoor pool, and sophisticated common areas, enhancing the luxury living experience.
Stunning Panoramic City Views: The residence boasts breathtaking south-facing city light views, complemented by a solarium and the unique advantage of front-row Rose Parade viewing from the living room.
Ample Secured Parking: A significant advantage in a dense urban environment, the property includes three reserved spaces in the building's secured subterranean parking garage.

Cons

Substantial Monthly HOA Fees: The $3,200 monthly association fee is exceptionally high, adding a considerable ongoing cost to ownership that may limit buyer interest.
Niche Market Appeal: As a large, high-priced luxury condo with significant HOA fees, the property caters to a very specific and limited buyer pool, potentially extending market time.
Recent Price Reduction: The notable price drop from the original list price of $4.898M to $4.498M could signal initial overpricing or market resistance, potentially influencing buyer perception of value.

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