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

1258 E Elmwood Avenue, Burbank, California 91501 home-pic-0
ACTIVE$3,495,000$4,437/sqft
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:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =45718, other record lot size in square feet = 1225.

Compared to the nearby listings

Price:$3.50M vs avg $1.47M (+$2,021,000)94%
Size:4,437 sqft vs avg 1,845.5 sqft94%
Price/sqft:$788 vs avg $83344%

More Insights

Built in 1927 (99 years old).
Condition: Despite being built in 1927, this property has undergone an 'exquisite fully remodeled' renovation, as stated in the description and evidenced by the images. The gourmet chef's kitchen features top-of-the-line Viking appliances, quartz countertops, a massive island, and rich hardwood flooring, all appearing new and modern. Bathrooms are equally impressive with contemporary vanities, stylish tiling, glass-enclosed showers, and a freestanding soaking tub in the primary suite. Throughout the home, hardwood floors, modern light fixtures (recessed lighting, updated chandeliers), and smart home upgrades indicate a comprehensive and recent overhaul. All components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently renovated property.
Year Built
1927
Close
-
List price
$3.5M
Original List price
$3.5M
Price/Sqft
$788
HOA
-
Days on market
-
Sold On
-
MLS number
26637479
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!

K
Kristin Neithercut
Listing Agent

Price History

Date
Event
Price
06/29/12
Sold
$1,100,000
Condition Rating
Excellent
Despite being built in 1927, this property has undergone an 'exquisite fully remodeled' renovation, as stated in the description and evidenced by the images. The gourmet chef's kitchen features top-of-the-line Viking appliances, quartz countertops, a massive island, and rich hardwood flooring, all appearing new and modern. Bathrooms are equally impressive with contemporary vanities, stylish tiling, glass-enclosed showers, and a freestanding soaking tub in the primary suite. Throughout the home, hardwood floors, modern light fixtures (recessed lighting, updated chandeliers), and smart home upgrades indicate a comprehensive and recent overhaul. All components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently renovated property.
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 and adding to its unique value and prestige.
Private Resort-Style Outdoor Living: An expansive one-acre lot features tropical, luau-inspired landscaping, a sparkling pool with waterfalls, fire pit, outdoor kitchen, sports area, and multiple living/dining spaces, creating a true private oasis.
Fully Remodeled Gourmet Chef's Kitchen & Luxurious Interiors: The home boasts a gourmet chef's kitchen with Viking appliances, quartz countertops, a massive island, and rich hardwood flooring, complemented by grand interiors with high-end finishes and architectural details.
Extensive Modern Infrastructure & Smart Home Features: Equipped with smart home upgrades, a full 1-acre remote-controlled fire protection shield, and a full house backup generator, ensuring comfort, safety, and convenience.
ADU Potential & Desirable Location: Includes a large flat pad with permitted plans for an 800 sq ft ADU, offering future income or living flexibility, and is located in the top-rated Burbank School District with easy freeway access.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =45718, other record lot size in square feet = 1225.
High Maintenance Demands: The extensive 1-acre grounds, tropical landscaping, and numerous outdoor amenities will require significant ongoing maintenance, time, and financial investment.
Niche Market Appeal: The property's luxury price point, specific architectural style, and extensive features cater to a very particular buyer demographic, potentially leading to a longer sales cycle.
Potential for Age-Related Maintenance: Despite being fully remodeled, as a 1927 estate, the property may still present unique or unforeseen maintenance challenges and costs associated with its historical nature.
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