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501 Crestvale Drive, Sierra Madre, California 91024, Sierra Madre, 91024 - 3 bed, 2 bath

501 Crestvale Drive, Sierra Madre, California 91024 home-pic-0
ACTIVE$1,525,000
501 Crestvale Drive, Sierra Madre, California 91024
3Beds
2Baths
1,936Sqft
7,297Lot
Year Built
1955
Close
-
List price
$1.52M
Original List price
$1.55M
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
PF25092878
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.52M(50th), sqft - 1936(50th), beds - 3(50th), baths - 2(50th).

Welcome to your Sierra Madre Sanctuary. Step into this meticulously renovated gem in the heart of Sierra Madre, where charm meets modern comfort. As you cross the threshold, a spacious living room beckons with natural light, flowing seamlessly into an elegant formal dining room anchored by a character-rich original fireplace. The thoughtfully designed kitchen features a convenient kitchenette, perfect for both everyday living and entertaining. Rich hardwood floors run throughout, creating a seamless transition between spaces and adding timeless sophistication to every room. This crown jewel of this home is the master suite, finished with luxurious spa-inspired touches that transform your daily routine into a retreat-like experience. Every detail has been carefully considered, and all renovations have been completed with proper permits - giving you peace of mind along with your piece of paradise. Minutes from Sierra Madre's beloved downtown, this home offers the perfect blend of peaceful living and urban convenience. Don't miss this rare opportunity to own a piece of Sierra Madre's distinctive charm. Your dream home awaits.

Condition Rating
Excellent
Despite being built in 1955, this property has undergone a 'meticulously renovated' transformation, as stated in the description, with 'all renovations completed with proper permits.' The images confirm a high standard of recent renovation, showcasing a modern kitchen with stainless steel appliances, contemporary cabinetry, and sleek countertops. Both bathrooms feature updated vanities, modern fixtures, and stylish tiling, consistent with a 'luxurious spa-inspired' feel. Rich hardwood floors and recessed lighting are present throughout the living areas and bedrooms, indicating new or virtually new components meeting current quality standards. While the listing notes the absence of central air conditioning as a weakness, the overall condition, quality, and modern aesthetic of the renovated spaces, particularly the kitchen and bathrooms, are excellent.
Pros & Cons

Pros

Extensive & Permitted Renovation: The property has been 'meticulously renovated' with 'all renovations... completed with proper permits,' offering modern comfort and peace of mind to prospective buyers.
Luxurious Master Suite: Features a 'crown jewel master suite, finished with luxurious spa-inspired touches,' providing a high-end private retreat within the home.
High-Quality Interior Finishes: Boasts 'rich hardwood floors throughout' and an 'elegant formal dining room anchored by a character-rich original fireplace,' contributing to a sophisticated aesthetic.
Desirable Sierra Madre Location: Positioned 'minutes from Sierra Madre's beloved downtown,' offering a blend of peaceful living and urban convenience in a sought-after community.
Mountain Views: The property benefits from desirable 'Mountain(s)' views, enhancing its appeal and potential value in the Sierra Madre area.

Cons

Absence of Central Air Conditioning: The property description does not indicate the presence of a cooling system, which could be a significant disadvantage in warmer months and compared to many modern homes or renovated comparables.
Perceived Overpricing: The current list price of $1,525,000 is substantially higher than the property's estimated value of $1,088,681, suggesting a potential overvaluation that may lead to extended market time or require further price adjustments.
Limited Bedroom/Bathroom Count for Price Point: At 3 beds and 2 baths, the property offers fewer bedrooms and/or bathrooms than some recently sold comparables in a similar price bracket, potentially limiting its appeal to larger families or those seeking more flexibility.

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