1625 Pegfair Estates Drive, Pasadena, California 91103, Pasadena, 91103 - 3 bed, 3 bath
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Pasadena, California 91103
This architecturally significant Mid-Century Modern Residence represents a High-Potential Investment Opportunity with a List Price of $2,450,000—positioned well below the $2,753,289 Fair Market Value by 11%. This valuation gap offers $303,289 in Instant Equity for buyers. Located in the prestigious Pegfair Estates Historic District, the property features mountain views, floor-to-ceiling glass, and a Condition Rating of 4. While beautifully preserved, the home requires modernization to reach its full luxury potential. This is an exceptional acquisition for Owner-Occupants with a creative vision or Value-Add Investors.
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.
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.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,516 | 1,836.5 | 68% |
| Lot Size | 18,334 | 9,227.5 | 82% |
| Price | $2.45M | $1.60M | 66% |
| Price per sq ft | $974 | $958 | 52% |
| Built year | 1965 | 1950 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 152 | 14% |
Feb 24, 2026
$2,450,000
Initial Listing
Sep 22, 1995
$439,000
Public Record