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168 Highland Place, Monrovia, California 91016, Monrovia, 91016 - 5 bed, 2 bath

168 Highland Place, Monrovia, California 91016 home-pic-0
ACTIVE$1,950,000
168 Highland Place, Monrovia, California 91016
5Beds
2Baths
3,834Sqft
14,008Lot

Price Vs. Estimate

The estimated value ($1,225,763.225) is $724,236.775 (37%) lower than the list price ($1,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Nestled in a prestigious neighborhood, the property offers convenient access to top-rated schools, fine dining, and shopping.
Top Cons:
Significant Renovation Required: The property explicitly states it 'needs a bit of TLC' and requires 'creative touch to restore its full glory' in the kitchen and 'updates' in the primary suite, indicating substantial renovation costs for buyers.

Compared to the nearby listings

Price:$1.95M vs avg $1.02M (+$925,000)92%
Size:3,834 sqft vs avg 1,519 sqft98%
Price/sqft:$509 vs avg $7186%

More Insights

Built in 1910 (115 years old).
Condition: Built in 1910, this property is explicitly described as needing 'a bit of TLC' and a 'creative touch to restore its full glory' in the kitchen, with the primary suite also 'ready for your updates.' The advanced age suggests potential for outdated infrastructure (plumbing, electrical, HVAC) requiring significant investment. While not a tear-down, it requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
Year Built
1910
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$509
HOA
-
Days on market
-
Sold On
-
MLS number
SR25090806
Home ConditionPoor
Features
Deck
Pool
Patio
View-

About this home

Welcome to Your Dream Home with Endless Potential! Nestled in the heart of a prestigious neighborhood, this 5-bedroom, 3-bathroom craftsman style home offers 3,834 square feet, 14,003 lot size of opportunity to create the space you’ve always envisioned. While the property needs a bit of TLC, it provides the perfect canvas to personalize every detail to your taste. The open-concept floor plan features soaring ceilings and expansive windows, bathing the interiors in natural light. The chef's kitchen awaits your creative touch to restore its full glory. The primary suite is a spacious retreat with a walk-in closet and private balcony—ready for your updates to transform it into a true sanctuary. Outside, the beautifully landscaped backyard holds endless potential, featuring a private pool and plenty of space for entertaining or relaxing. Conveniently located near top-rated schools, fine dining, and shopping, this home is a rare find for those looking to put their personal stamp on a stunning property. Don’t miss the chance to make it yours!

Condition Rating
Poor
Built in 1910, this property is explicitly described as needing 'a bit of TLC' and a 'creative touch to restore its full glory' in the kitchen, with the primary suite also 'ready for your updates.' The advanced age suggests potential for outdated infrastructure (plumbing, electrical, HVAC) requiring significant investment. While not a tear-down, it requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location: Nestled in a prestigious neighborhood, the property offers convenient access to top-rated schools, fine dining, and shopping.
Generous Size & Layout: A substantial 3,834 sqft of living space with 5 bedrooms and 3 bathrooms, featuring an open-concept floor plan, soaring ceilings, and abundant natural light.
Large Lot with Private Pool: Boasts a spacious 14,003 sqft lot, including a private pool and ample outdoor space ideal for entertaining and relaxation.
Architectural Character & Customization Potential: A classic Craftsman-style home offering a unique canvas for personalization and updates to create a bespoke living space.
Desirable Primary Suite Features: The primary suite is a spacious retreat complete with a walk-in closet and a private balcony.

Cons

Significant Renovation Required: The property explicitly states it 'needs a bit of TLC' and requires 'creative touch to restore its full glory' in the kitchen and 'updates' in the primary suite, indicating substantial renovation costs for buyers.
Advanced Age & Potential System Updates: Built in 1910, the home's age suggests potential for outdated infrastructure (e.g., plumbing, electrical, HVAC) that may require significant investment beyond cosmetic updates.
Substantial Price Discrepancy: The listing price of $1.95M is significantly higher than the estimated property value of approximately $1.23M, potentially indicating an overvaluation relative to its current condition and market comparables.

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