483 E Grandview Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 6 bed, 4 bath

483 E Grandview Avenue, Sierra Madre, California 91024 home-pic-0
ACTIVE$1,998,000
483 E Grandview Avenue, Sierra Madre, California 91024
6Beds
4Baths
3,400Sqft
8,185Lot
Year Built
1921
Close
-
List price
$2M
Original List price
$2.48M
Price/Sqft
$588
HOA
-
Days on market
-
Sold On
-
MLS number
AR25071413
Home ConditionFair
Features
Excellent View: Mountain(s), Neighborhood, Trees/Woods
Pool
Spa
Patio
ViewMountain(s), Neighborhood, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.00M(77th), sqft - 3400(93th), beds - 6(98th), baths - 4(80th).

Welcome to this rare opportunity, first time on the market in 47 Years! Nestled in the most desirable area of Sierra Madre, this custom-built Craftsman spans over 3,000 square feet., offering a seamless blend of timeless character and modern comfort with a multi-level open floor plan with custom oak wood flooring throughout. The thoughtfully designed craftsmanship, and abundant natural light make this home truly special. Every window frames stunning views of majestic mountains and untouched wilderness, creating a peaceful retreat unlike any other property you have ever seen. This home features six spacious bedrooms and four full bathrooms, providing ample space for family and guests. The expansive chef’s kitchen is perfect for entertaining, offering generous counter space and an inviting atmosphere. Step outside to your private oasis featuring a heated pool with a jacuzzi, perfect for year-round relaxation and entertaining. Don't miss this rare chance to own a one-of-a-kind property with unparalleled views and privacy. Schedule your showing today!

Condition Rating
Fair

The property, built in 1921, has been well-maintained and features charming Craftsman details like oak wood flooring and exposed beam ceilings. However, the kitchen and bathrooms, while functional, show clear signs of being outdated. The kitchen's river rock walls, traditional wood cabinetry, and mixed appliances (including an older white refrigerator) suggest a renovation from 15-30 years ago. Similarly, the bathrooms feature dated tile work, pedestal sinks, and vanity styles from a similar period. While the home is move-in ready and does not require immediate major repairs, it would benefit from minor updates to bring the kitchen and bathrooms to current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location & Exclusivity: Nestled in a highly desirable area of Sierra Madre and available for the first time in 47 years, presenting a rare market opportunity.
Exceptional Views & Privacy: Offers stunning, unparalleled views of majestic mountains and untouched wilderness from every window, ensuring a private and serene retreat.
Generous Living Space & Layout: Spans over 3,000 square feet with 6 spacious bedrooms and 4 full bathrooms, featuring a multi-level open floor plan and custom oak wood flooring.
Distinctive Craftsman Architecture: A custom-built Craftsman home that seamlessly blends timeless character with modern comfort and thoughtful design, appealing to buyers seeking unique architectural style.
Luxury Outdoor Amenities: Boasts a private outdoor oasis complete with a heated pool and jacuzzi, perfect for year-round relaxation and entertaining.

Cons

Significant Price Discrepancy: The current listing price of $1.998M is substantially higher than the estimated property value of $1.35M, indicating a potential overvaluation.
Historic Price Reduction: A notable reduction from the original list price of $2.475M suggests the property has faced market resistance or was initially overpriced.
Age of Construction: Built in 1921, while offering character, the property's age may imply potential for older infrastructure or deferred maintenance not explicitly detailed in the description.

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