1258 E Elmwood Avenue, Burbank, California 91501, Burbank, 91501 - 5 bed, 5 bath

1258 E Elmwood Avenue, Burbank, California 91501 home-pic-0
ACTIVE$3,500,000
1258 E Elmwood Avenue, Burbank, California 91501
5Beds
5Baths
4,437Sqft
45,718Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 45718, living area = 4437.
Top Cons:
Significant Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $4.2M down to $3.5M, which may suggest initial overpricing or market resistance.

Compared to the nearby listings

Price:$3.50M vs avg $1.47M (+$2,027,000)94%
Size:4,437 sqft vs avg 1,952 sqft94%
Price/sqft:$789 vs avg $83248%

More Insights

Built in 1927 (98 years old).
Condition: Despite being built in 1927, this property has undergone a 'fully remodeled' transformation, as explicitly stated and visually confirmed by the images. The gourmet chef's kitchen features new, high-end Viking appliances, quartz countertops, and rich hardwood flooring, all appearing virtually new. The primary suite boasts modern amenities like a steam shower and oversized soaking tub, indicating recently updated, luxurious bathrooms. Throughout the home, modern light fixtures, recessed lighting, and pristine hardwood floors are evident. Smart home upgrades and a full house backup generator further underscore a comprehensive and recent renovation, aligning perfectly with the 'Excellent' criteria of being extensively renovated within the last 5 years with new or virtually new components and no deferred maintenance.
Year Built
1927
Close
-
List price
$3.5M
Original List price
$4.2M
Price/Sqft
$789
HOA
-
Days on market
-
Sold On
-
MLS number
25570979
Home ConditionExcellent
Features
Good View: City Lights, Hills, Mountain(s), Pool
Deck
Pool
Patio
ViewCity Lights,Hills,Mountain(s),Pool

About this home

Discover your very own 1-acre private resort with this exquisite fully remodeled Mills Act 1920s Spanish-Mediterranean estate nestled at the end of a secluded cul-de-sac above Sunset Canyon. Situated on an expansive one-acre lot equipped with full acre fire shield and offering over 4,467 sq ft of elegant living space, this Mills Act-designated historical property combines timeless architectural beauty with significant property tax savings. Step inside to find grand interiors featuring an open two-story formal entry with dramatic staircase, a step-down formal living room with a soaring barrel ceiling, a large fireplace, crown molding, and wrought iron accents throughout. Natural light floods the gourmet chef's kitchen and great room, outfitted with Viking appliances, a pro-style 6-burner range PLUS 2 built-in ovens, quartz countertops, a massive island, and rich hardwood flooring. With 5 spacious bedrooms and 4 bathrooms, the layout suits both relaxing and entertaining. The romantic primary suite is a true retreat, complete with a steam shower, an oversized soaking tub, built-in cabinetry, and French doors that open to a wrought iron balcony overlooking your lush backyard. Outside, paradise awaits. Tropical, luau-inspired landscaping surrounds a sparkling pool with serene waterfalls, a fire pit, an outdoor kitchen and a covered patio, and multiple living and dining spaces all illuminated at night to create a magical private oasis. The expansive grounds include a sundeck, sports area, a three-quarter pool bath, and a large flat pad with permitted plans for an 800 sq ft ADU. Smart home upgrades, full 1 acre property fire protection shield that can be controlled remotely, full house back-up generator, 3 combined lots, and rare privacy make this an entertainer's dream and a one-of-a-kind opportunity. Located in the top-rated Burbank School District, with easy access to the 5 and 134 Freeways, this is more than a home it's a lifestyle. Come experience the rare beauty, charm, and serenity this estate offers!

Condition Rating
Excellent

Despite being built in 1927, this property has undergone a 'fully remodeled' transformation, as explicitly stated and visually confirmed by the images. The gourmet chef's kitchen features new, high-end Viking appliances, quartz countertops, and rich hardwood flooring, all appearing virtually new. The primary suite boasts modern amenities like a steam shower and oversized soaking tub, indicating recently updated, luxurious bathrooms. Throughout the home, modern light fixtures, recessed lighting, and pristine hardwood floors are evident. Smart home upgrades and a full house backup generator further underscore a comprehensive and recent renovation, aligning perfectly with the 'Excellent' criteria of being extensively renovated within the last 5 years with new or virtually new components and no deferred maintenance.
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 = 45718, living area = 4437.
Mills Act Designation & Tax Savings: The property is a Mills Act-designated historical estate, offering significant property tax savings, which is a rare and valuable financial benefit.
Extensive Outdoor Resort-like Amenities: The expansive 1-acre grounds feature a sparkling pool with waterfalls, fire pit, outdoor kitchen, multiple living/dining spaces, sundeck, sports area, a three-quarter pool bath, and permitted plans for an 800 sq ft ADU, creating a private resort experience.
Fully Remodeled & Grand Interiors: The estate boasts fully remodeled interiors with high-end finishes, including a gourmet chef's kitchen with Viking appliances, a dramatic two-story entry, soaring barrel ceilings, and smart home upgrades, blending historic charm with modern luxury.
Privacy & Expansive Lot with Fire Safety: Situated on a secluded 1-acre lot at the end of a cul-de-sac, comprising 3 combined lots, the property offers rare privacy and includes a full-acre remote-controlled fire protection shield and a full house backup generator.
Top-Rated School District & Accessibility: Located within the highly-regarded Burbank School District and offering easy access to the 5 and 134 Freeways, providing convenience for families and commuters.

Cons

Significant Price Reductions: The property has undergone multiple substantial price reductions from its original list price of $4.2M down to $3.5M, which may suggest initial overpricing or market resistance.
High Maintenance Demands: A 1-acre property with extensive landscaping, a pool, outdoor kitchen, and specialized fire protection system implies significant ongoing maintenance costs and time commitment for upkeep.
Niche Market Appeal: The specific 1920s Spanish-Mediterranean architectural style and Mills Act designation, while unique, may appeal to a more specialized buyer demographic, potentially narrowing the pool of interested purchasers compared to a more broadly appealing contemporary home.

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