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

1625 Pegfair Estates Drive
Pasadena, California 91103
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1625 Pegfair Estates Drive Subject | $2,450,000* List Price | 3 | 3 | 2,516 | $1,094 | - |
A 1345 Carnarvon Drive Sold | $2,800,000 | 2 | 2 | 2,281 | $1,228 | 0.1 mi |
B 1566 Linda Vista Avenue Sold | $2,400,000 | 3 | 3 | 1,922 | $1,249 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 2,516 | 1,997 | 64% |
| Lot Size | 18,334 | 9,618 | 82% |
| Price | $2.45M | $1.85M | 60% |
| Price per sq ft | $974 | $958 | 54% |
| Built year | 1965 | 1948 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 156 | 8% |
Pricing History
Listed for Sale
Feb 24, 2026
$2,450,000
Initial Listing
Sold
Sep 22, 1995
$439,000
Public Record
































