206 Oak Meadow Road, Sierra Madre, California 91024, Sierra Madre, 91024 - 3 bed, 2 bath
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Sierra Madre, California 91024
Analysis of 206 Oak Meadow Road, Sierra Madre, California 91024 is currently available with a list price of $2,039,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Sierra Madre Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1949 (75 years old) with no mentioned renovations, this property is explicitly marketed for its land value and 'custom home construction' potential. The exterior features highly unusual exposed rooftop HVAC ducting, and the interior is significantly dated, suggesting the structure is at the end of its functional life relative to the high land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19696, living area = 2238.
The nearly 20,000 square foot flat lot is a rare find in the Sierra Madre foothills, offering immense potential for ADUs, pool development, or a custom estate expansion.
Situated on one of the community's most desirable streets, this property offers prestigious foothill living with mountain views and high long-term land value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1949, the home likely requires significant cosmetic or structural modernization to meet the expectations of today's luxury buyers.
At a $2M+ price point, the value is heavily weighted in the land, which may challenge buyers looking for a move-in ready luxury residence without further investment.
Located on one of Sierra Madre's most desirable streets, this property presents a rare opportunity to secure a flat, oversized lot in a highly sought after foothill community. Set on approximately 19,450 square feet, the parcel is significantly larger than many typical Sierra Madre lots and allows for a wide range of uses.The existing home features approximately 2,238 square feet with 3 bedrooms and 1.75 baths, along with central HVAC. Large windows allow natural light to fill the living spaces, creating a warm and inviting ambiance throughout the home. There is also a home office behind the garage. The remarkable space opens the door to numerous possibilities, including custom home construction, additions, ADUs, pool development, or creating a private outdoor retreat.A must see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,238 | 1,709 |
| Lot Size | 19,696 | 6,554.5 |
| Price | $2.04M | $1.50M |
| Price per sq ft | $911 | $844 |
| Built year | 1949 | 1923 |
| HOA | $0 | $0 |
| Days on market | 37 | 54 |
Jun 15, 2026
$2,039,000
Initial Listing