RealKey
‪(213) 433-7766‬

703 Manzanita Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 3 bed, 2 bath

703 Manzanita Avenue, Sierra Madre, California 91024 home-pic-0
ACTIVE$1,850,000
703 Manzanita Avenue, Sierra Madre, California 91024
3Beds
2Baths
2,856Sqft
10,509Lot
Year Built
1894
Close
-
List price
$1.85M
Original List price
$2.25M
Price/Sqft
$648
HOA
-
Days on market
-
Sold On
-
MLS number
AR24079535
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.85M(66th), sqft - 2856(84th), beds - 3(50th), baths - 2(50th).

MAIN HOUSE has 3 bedrooms and 2 bathrooms with a finished loft that can be converted into a 4th bedroom. The GUEST HOUSE has 1 bedroom and 1 bathroom. RARE OPPORTUNITY TO PURCHASE A 1894 SIERRA MADRE FARMHOUSE WITH A GUEST HOUSE!! Very seldom does a home of this era hit the market! One of Sierra Madre‘s original homes, Built in 1894 this exquisite 3-bedroom 2-bathroom farmhouse estate is being offered for sale. This unbelievable home also includes a finished attic/loft that can be converted into a 4th bedroom or an office. This beautiful home boasts all kinds of architectural touches and styles rarely seen in modern homes today. Extensive use of wood and architectural moldings and lofty ceilings are throughout the home. Not only that, it has a beautiful one-bedroom one-bath detached home with a large yard in the back perfect for a rental. There is also outdoor areas and patios available for entertaining. This property also has gorgeous mature landscaping on a quiet Sierra Madre Street with other stunning homes. This one-of-a-kind rare estate is minutes from downtown Los Angeles, downtown Pasadena, and the Arcadia racetrack/shopping area. Call us today for more information on this amazing farmhouse and make this historical property something you will enjoy for generations!

Condition Rating
Fair
The property was built in 1894. While the description mentions architectural touches and styles, the age suggests it requires updates. Without interior images, it's difficult to assess the kitchen and bathroom conditions, but given the age, a 'fair' rating is appropriate, assuming it has been maintained with some updates over the years but not a full renovation.
Pros & Cons

Pros

Historical Significance: Rare 1894 Sierra Madre farmhouse, offering unique historical charm and character.
Guest House: Includes a detached one-bedroom, one-bath guest house, providing rental income potential or space for extended family.
Architectural Details: Features extensive use of wood, architectural moldings, and lofty ceilings, adding to its unique appeal.
Large Lot: Sits on a 10,509 sqft lot with mature landscaping, offering outdoor areas and patios for entertaining.
Finished Loft: Includes a finished attic/loft that can be converted into a 4th bedroom or office, adding flexible living space.

Cons

Age of Property: Built in 1894, the property may require ongoing maintenance and potential upgrades due to its age.
Price Reduction: The property has experienced a price reduction from $2.25M to $1.85M, which may indicate challenges in the market or perceived value.
Potential Renovation Needs: While charming, the historical features may not appeal to all buyers and could require updates to meet modern standards.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state