1625 Pegfair Estates Drive, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 3 bath

1625 Pegfair Estates Drive, Pasadena, California 91103 home-pic-0

1625 Pegfair Estates Drive

Pasadena, California 91103

ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,516Sq Ft
18,334Lot Size

Property Price

LIST PRICE$2,450,000
EST. MARKET VALUE
$2,753,289
11% BelowMARKET VALUE

SUMMARY

Analysis of 1625 Pegfair Estates Drive, Pasadena, California 91103 reveals a Prime Investment Opportunity with a current list price of $2,450,000—significantly undercutting the $2,753,289 Fair Market Value by 11%. This valuation gap indicates a +$303,289 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,753,289 +$303,289 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pasadena.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1625 Pegfair Estates Drive
Subject
$2,450,000*
List Price
332,516$1,094-
A
1345 Carnarvon Drive
Sold
$2,800,000222,281$1,2280.1 mi
B
1566 Linda Vista Avenue
Sold
$2,400,000331,922$1,2490.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

This 1965 Mid-Century Modern home is well-preserved and architecturally significant, but remains largely in its original or older updated state. The kitchen features dated wood cabinetry and older white appliances, while the bathrooms show vintage tiling and fixtures from previous decades. While the home appears well-maintained and livable, the presence of older carpets, dated light fixtures, and the listing's own suggestion that it is 'primed for its next glory era' indicate that significant cosmetic and system updates are required to meet modern luxury standards.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 18334, living area = 2516.

  • Architectural Significance

    Located in the Pegfair Estates Historic District, this 1965 Mid-Century Modern home features iconic design elements including soaring beamed ceilings, wood shiplap siding, and Asian-inspired aesthetics.

  • Exceptional Privacy and Lot Size

    Situated on a nearly half-acre lot at the end of a quiet cul-de-sac in the coveted Linda Vista neighborhood, the property offers a secluded, nature-reserve atmosphere with mature landscaping.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18334, other record lot size in square feet = 18182.

  • Update Requirements

    The property is described as being 'primed for its next glory era,' suggesting that while preserved, it likely requires significant capital investment to modernize finishes and systems to current luxury standards.

  • Limited Bedroom Count

    With only three bedrooms for a 2,516-square-foot home at a $2.45M price point, the layout may lack the versatility needed for larger families or buyers requiring multiple home offices.

About 1625 Pegfair Estates Drive

Welcome to the Pegfair Estates Historic District where architectural significance, exceptional privacy, and natural beauty abound. Set near the end of a quiet cul-de-sac in Pasadena's coveted Linda Vista neighborhood,1625 Pegfair Estates Drive is a celebration of timeless, Mid-Century Modern design. This 1965-built contemporary ranch is beautifully preserved and primed for its next glory era. A wood shiplap exterior and double-door entry lead to gorgeous, light-filled interiors enhanced by subtle, Asian-inspired design elements. Sumptuous natural materials meet clean-lined living spaces framed by walls of glass that bring the beauty of the outdoors inside. Thoughtfully and artistically designed, the home encourages connection with both the picturesque natural surroundings and with loved ones. A showcase living room is anchored by a sleek fireplace, soaring ceilings with exposed beams, and sliding glass doors offering mountain views. Inspiring views extend through the formal dining room and kitchen, where a smart layout allows you to enjoy the picturesque scenery while cooking and entertaining. The family room, wrapped in windows and glass doors, offers an inviting setting for movie nights and holiday traditions as the fireplace crackles. When it's time to recharge, the primary suite features abundant closet space and a generous ensuite bath. Two additional bedrooms share a hall bath. Outdoor spaces include a large courtyard patio, perfect for parties that flow effortlessly from indoors to out. Further beyond, the backyard feels like a private nature reserve with an expansive lawn, mature trees, spectacular diversity of plants, and lush green surroundings. A rare and special opportunity, this Mid-Century treasure is destined for dream-house status. All that's needed is your creative vision of perfection.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1965
Lot Size
18,334 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.5
50%
Square foot2,5161,997
64%
Lot Size18,3349,618
82%
Price$2.45M$1.85M
60%
Price per sq ft$974$958
54%
Built year19651948
84%
HOA$0$0
50%
Days on market10156
8%

Pricing History

Listed for Sale

Feb 24, 2026

$2,450,000

Initial Listing

Sold

Sep 22, 1995

$439,000

Public Record

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