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1311 Oak Meadow Road, Arcadia, California 91006, Arcadia, 91006 - 5 bed, 6 bath

1311 Oak Meadow Road, Arcadia, California 91006 home-pic-0
ACTIVE$5,575,000
1311 Oak Meadow Road, Arcadia, California 91006
5Beds
6Baths
6,602Sqft
18,711Lot

Price Vs. Estimate

The estimated value ($4,954,118.58) is $620,881.42 (11%) lower than the list price ($5,575,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Pedigree: Located in the prestigious Santa Anita Oaks, this residence benefits from a sought-after address and was built by reputable Mur Sol Construction and designed by renowned Robert Tong.
Top Cons:
Aggressive Pricing Strategy: The current list price of $5.575M is significantly above the property's estimated value of $4.95M and recent comparable sales, indicating potential overpricing in the current market.

Compared to the nearby listings

Price:$5.58M vs avg $1.66M (+$3,916,000)94%
Size:6,602 sqft vs avg 2,140 sqft89%
Price/sqft:$844 vs avg $78066%

More Insights

Built in 2015 (10 years old).
Condition: Built in 2015, this property is only 9 years old, meeting the 'built within 10 years' criteria for an excellent rating. The listing describes a 'chef’s kitchen equipped with top of the line appliances' and a 'separate Wok Kitchen,' indicating modern, high-quality kitchen features. The presence of 5.5 baths in a recently built luxury home suggests contemporary and well-appointed bathrooms. Additional luxury amenities like an elevator, central vac, state-of-the-art home theatre, and a temperature-controlled wine room further confirm its excellent condition, with all components being virtually new and meeting current quality standards.
Year Built
2015
Close
-
List price
$5.58M
Original List price
$5.58M
Price/Sqft
$844
HOA
-
Days on market
-
Sold On
-
MLS number
BB24228454
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Welcome to 1311 Oak Meadow Road, a stunning residence nestled in one of Arcadia's most sought-after neighborhoods. The property is located in the prestigious area of Santa Anita Oaks, built in 2015 by Mur Sol Construction and designed by Robert Tong. This 5 bed and 5 ½ bath home is approximately 6,602 sq feet and sits on an approx. 18,710 sq foot lot. The chef’s kitchen is equipped with top of the line appliances, ample cabinetry, and a convenient breakfast nook. Separate Wok Kitchen next to the gourmet kitchen. There is also a temperature controlled wine room, elevator, central vac, state of the art home theatre and a stately wood paneled library. The majestic backyard includes pool and spa with a custom rock waterfall. Located near top-rated schools, parks, shopping, and dining, this home offers the perfect blend of convenience and tranquility. This beautifully maintained home boasts an inviting exterior and lush landscaping, creating a warm curb appeal that will welcome you home every day. Priced to Sell

Condition Rating
Excellent
Built in 2015, this property is only 9 years old, meeting the 'built within 10 years' criteria for an excellent rating. The listing describes a 'chef’s kitchen equipped with top of the line appliances' and a 'separate Wok Kitchen,' indicating modern, high-quality kitchen features. The presence of 5.5 baths in a recently built luxury home suggests contemporary and well-appointed bathrooms. Additional luxury amenities like an elevator, central vac, state-of-the-art home theatre, and a temperature-controlled wine room further confirm its excellent condition, with all components being virtually new and meeting current quality standards.
Pros & Cons

Pros

Prime Location & Pedigree: Located in the prestigious Santa Anita Oaks, this residence benefits from a sought-after address and was built by reputable Mur Sol Construction and designed by renowned Robert Tong.
Modern & Expansive Living: Built in 2015, the property offers contemporary design across a substantial 6,602 sq ft of living space, featuring 5 bedrooms and 5.5 bathrooms.
Gourmet & Specialty Kitchens: The home boasts a chef’s kitchen equipped with top-of-the-line appliances and a convenient separate Wok Kitchen, catering to diverse culinary preferences.
Comprehensive Luxury Amenities: High-end features include a temperature-controlled wine room, elevator, central vacuum system, state-of-the-art home theatre, and a stately wood-paneled library.
Exceptional Outdoor Entertainment: The majestic backyard is designed for leisure and entertaining, featuring a pool, spa, and a custom rock waterfall.

Cons

Aggressive Pricing Strategy: The current list price of $5.575M is significantly above the property's estimated value of $4.95M and recent comparable sales, indicating potential overpricing in the current market.
Risk of Extended Market Time: Comparable luxury properties by the same builder in the immediate vicinity have experienced prolonged days on market and required substantial price reductions to sell, suggesting potential market resistance at this price point.
Limited Unique Differentiation: While highly luxurious, the property's features largely mirror those found in other high-end homes by the same builder/designer in the area, potentially lacking a truly unique selling proposition to justify its premium list price.

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