
Pasadena, California 91107
This mid-century post-and-beam residence by Boyd Georgi represents a High-Potential Investment Opportunity, listed at a List Price of $1,999,999. The property is currently positioned above the $1,466,204 Fair Market Value. While the home requires significant capital investment due to its Condition Rating of 5, the 19,988 sqft lot and architectural pedigree provide a unique foundation for value-add restoration. Featuring walls of glass and mountain views, this asset is best suited for Fix-and-Flip Investors or Owner-Occupants with the vision to modernize a classic Kinneloa Mesa estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1580 Old House Road Subject | $1,999,999* List Price | 5 | 3 | 2,328 | $630 | - |
A 3350 Calvert Road Sold | $1,900,000 | 4 | 3 | 3,080 | $617 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 and largely in original condition, this property is a prime candidate for a full rehab. The kitchen features original cabinetry and dated appliances, while the interior shows signs of significant wear, including visible water staining on the ceilings. The listing explicitly markets the home as a restoration opportunity, indicating that major systems and finishes are well beyond their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19988, living area = 2328.
Designed by renowned local architect Boyd Georgi, this mid-century post-and-beam classic offers significant historical value and timeless aesthetic appeal for modernist enthusiasts.
Situated on a nearly half-acre lot in the exclusive Kinneloa Mesa neighborhood, the property is located on a semi-private, no-outlet street, ensuring exceptional tranquility.
The property is positioned as an opportunity to 'restore' and 'reimagine,' indicating that significant capital investment may be needed to update the 1957 systems and finishes.
At nearly $860 per square foot for a home requiring modernization, the entry price is high relative to the additional costs needed to bring the property to its full potential.
1580 Old House Road presents a standout opportunity to reimagine a classic mid-century post-and-beam home by local architect Boyd Georgi. Located in the exclusive Kinneloa Mesa neighborhood, this contemporary potential compound offers a serene setting nestled among mature oaks, agave gardens, and fruit trees--a quintessential Southern California oasis.The home features walls of glass and seamless outdoor access from most rooms, creating a harmonious environment that is at one with nature, on semi-private street with no outlet. Owned by only two families, this property offers an exceptional opportunity to restore a magical contemporary home that perfectly suits today's lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,328 | 1,944.5 | 64% |
| Lot Size | 19,988 | 8,238 | 82% |
| Price | $2.00M | $1.68M | 72% |
| Price per sq ft | $859 | $843 | 53% |
| Built year | 1957 | 1950 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 135 | 2% |
May 28, 2026
$1,999,999
Initial Listing