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736 N Walnut, San Dimas, California 91773, San Dimas, 91773 - 2 bed, 1 bath

736 N Walnut, San Dimas, California 91773 home-pic-0
ACTIVE$1,559,990
736 N Walnut, San Dimas, California 91773
2Beds
1Bath
1,188Sqft
48,108Lot
Year Built
1951
Close
-
List price
$1.56M
Original List price
$1.56M
Price/Sqft
$1,313
HOA
-
Days on market
-
Sold On
-
MLS number
IV25271739
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 4 Cons,6 Pros. Rank: price - $1.56M(89th), sqft - 1188(5th), beds - 2(5th), baths - 1(4th).

Welcome to this rare opportunity in one of San Dimas’ most beautiful and sought-after neighborhoods. This charming 2-bedroom, 1-bathroom home sits on an impressive 1.1-acre lot, offering endless potential for expansion, entertainment, or creating your own private retreat. Step inside to a cozy and functional layout, filled with natural light and warm character. The oversized lot is the true highlight—whether you envision adding additional living space, building an ADU, creating a dream garden, or simply enjoying the peace and privacy of wide-open space, the possibilities are exceptional. Located in a serene, well-maintained community known for its mature trees, quiet streets, and proximity to parks, top-rated schools, and local amenities, this property provides both comfort and opportunity. The true value is in the development potential here.

Price History

Date
Event
Price
12/05/25
Listing
$1,559,990
01/29/25
Sold
$520,000
Condition Rating
Poor
Built in 1951, this property is 73 years old with no apparent significant renovations. The kitchen is extremely dated with old painted cabinets, tiled countertops, and a tiled backsplash, clearly requiring a full remodel. Flooring consists of worn carpets, old tile, and scratched hardwood, all needing replacement or refinishing. Light fixtures are basic and outdated throughout. While structurally sound, the home requires substantial modernization and rehabilitation to meet current living standards, aligning with a 'poor' condition score.
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 = 48108, living area = 1188.
Development Potential: The impressive 1.1-acre (48,108 sqft) lot offers exceptional opportunities for expansion, adding an Accessory Dwelling Unit (ADU), or creating a custom estate, explicitly highlighted as the property's true value.
Prime Location: Situated in one of San Dimas’ most beautiful and sought-after neighborhoods, known for its serene environment, mature trees, quiet streets, and proximity to desirable amenities.
Mountain Views: The property boasts enjoyable mountain views, enhancing its aesthetic appeal and overall desirability.
Excellent School District: Located within the top-rated San Dimas High School District, a significant draw for families seeking quality education.
Privacy & Expansive Grounds: The oversized lot provides a rare sense of privacy and ample wide-open space for various uses, from gardening to recreation, in a well-maintained community.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-01-29. The sold price is $520,000.00.
Limited Living Space: The existing home is a modest 2-bedroom, 1-bathroom with only 1188 sqft, which is significantly undersized relative to the large lot size and high list price.
Age of Structure: Built in 1951, the home is 73 years old and likely requires significant modernization, extensive renovations, or may be considered a tear-down for new construction to fully capitalize on the lot's potential.
High Price for Current Home: The list price of $1.56M is substantial for a 2-bed, 1-bath, 1188 sqft home, indicating that the value is almost entirely in the land and its development potential, which will require further significant investment.

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