
Arcadia, California 91006
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,538,000—positioned well below the $2,604,040 Fair Market Value by 2%. This valuation gap offers $66,040 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Gourmet Kitchen with Thermador appliances and a sprawling 18,600 sq ft lot. Located in the prestigious Arcadia Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2047 Carolwood Drive Subject | $2,538,000* List Price | 4 | 4 | 3,852 | $676 | - |
A 1817 Elevado Sold | $2,958,800 | 5 | 4 | 3,747 | $790 | 0.4 mi |
B 1774 Orangewood Lane Sold | $2,599,000 | 4 | 4 | 4,486 | $579 | 0.6 mi |
C 1529 Highland Oaks Active Under Contract | $2,458,000 List Price | 4 | 4 | 2,952 | $833 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was originally built in 1966 but underwent a major remodel and expansion in 2009 (approx. 15-17 years ago). The kitchen and bathrooms feature high-end finishes like Thermador appliances and granite countertops that remain in well-maintained, move-in ready condition. It fits the 10-20 year age bracket for functional, quality housing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18600, living area = 3852.
Situated in the prestigious Highland Oaks neighborhood and served by the award-winning Arcadia Unified School District, this property offers exceptional long-term value and appeal for families.
The nearly 18,600 sq ft lot features professional landscaping, a rose garden, and tiered lawns, providing a rare level of privacy and space for outdoor entertaining in a suburban setting.
While significantly updated in 2009, the interior finishes and systems are now 15 years old and may require cosmetic refreshing to compete with brand-new luxury constructions in the area.
The backyard's tiered lawn design, while scenic, may limit the amount of contiguous flat usable space for specific amenities such as a large swimming pool or sports court.
Located in the highly sought-after Highland Oaks neighborhood of Arcadia and within the award-winning Arcadia Unified School District, this exceptional residence offers an ideal blend of elegance, comfort, and privacy. Featuring 4 bedrooms and 3.5 bathrooms on an expansive approximately 18,600 sq ft lot, the home is designed for both refined living and everyday enjoyment. A grand double-door formal entry welcomes you into a bright and inviting interior. The spacious living room is highlighted by large windows that capture breathtaking views and abundant natural light, while the cozy family room with a fireplace provides a warm and relaxing atmosphere. The gourmet kitchen is thoughtfully appointed with Thermador stainless steel appliances, granite countertops, custom cabinetry, a breakfast bar, center island, and a large walk-in pantry—perfect for both daily living and entertaining. The luxurious primary suite serves as a private retreat, complete with a spacious walk-in closet and a well-appointed bathroom featuring dual sinks, a built-in vanity, separate shower, and jetted soaking tub. The property was originally built in 1966, remodeled and expanded around 2009. Step outside to the beautifully landscaped backyard, where a covered patio, rose garden, fruit trees, and tiered lawns create an ideal setting for entertaining or peaceful relaxation. Conveniently located near Highland Oaks schools, shopping, dining, and more, this remarkable home presents a rare opportunity in one of Arcadia's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.1 |
| Square foot | 3,852 | 2,358 |
| Lot Size | 18,600 | 10,956.875 |
| Price | $2.54M | $1.82M |
| Price per sq ft | $659 | $760 |
| Built year | 2009 | 1954 |
| HOA | $0 | $990 |
| Days on market | 30 | 50 |
Aug 10, 2026
$2,538,000
Initial Listing
Aug 7, 2017
$2,130,000
Public Record
Jul 1, 2004
$1,130,000
Public Record