225 N Lima Street, Sierra Madre, California 91024, Sierra Madre, 91024 - 11 bed, 10 bath
225 N Lima Street
Sierra Madre, California 91024
Property Price
SUMMARY
Analysis of 225 N Lima Street, Sierra Madre, California 91024 is currently available with a list price of $2,999,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is a meticulously maintained historic landmark that blends 1888 Victorian architecture with essential modern updates, including new HVAC systems, plumbing, and wiring. The interior is move-in ready, featuring well-preserved original hardwood floors, period-appropriate wallpapers, and functional kitchens with high-end vintage-style appliances. While the style is period-specific rather than modern, the lack of deferred maintenance and the updated major systems qualify it for a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Landmark Status
As a designated Sierra Madre Historic Landmark and former railroad hotel, the property offers irreplaceable architectural heritage and prestige as a Queen Anne Victorian masterpiece.
- Mills Act Tax Benefits
The property benefits from the Mills Act, providing the owner with substantial property tax relief, which is a significant financial advantage for an estate of this scale.
- Commercial Versatility
With an active conditional use permit for a Bed & Breakfast, the property presents a rare turnkey investment opportunity for boutique hospitality or a high-end event venue.
CONSRISKS & DEFICIENCIES
- High Maintenance Intensity
The scale and intricate architectural details of an 1888 Victorian structure require specialized and potentially costly ongoing preservation and upkeep.
- Preservation Restrictions
Historic landmark designation and Mills Act contracts often impose strict limitations on renovations, which may restrict a buyer's ability to modernize the exterior or layout.
- Niche Floor Plan
The shared kitchen and suite-style configuration are optimized for hospitality, which may feel less private or functional for a traditional single-family buyer without significant reconfiguration.
About 225 N Lima Street
Welcome to The Pinney House ~ A Timeless Queen Anne Victorian Masterpiece! Step into a piece of history with this majestic 1888 Queen Anne Victorian, one of Southern California's last remaining railroad hotels. Designed by renowned architects Samuel and Joseph Cather Newsom and built by Dr. Elbert Pinney, a Civil War surgeon, this architectural gem is a designated Sierra Madre Historic Landmark. It also benefits from Mills Act tax relief, offering both charm and financial advantages. Prime Location with Scenic Views - Nestled in the heart of Sierra Madre, this property boasts sweeping views of the San Gabriel Mountains and city lights. The expansive 0.47-acre lot features beautifully landscaped English gardens, fruit trees, and multiple outdoor spaces, perfect for relaxation and entertaining. Spacious & Elegant Interiors - Spanning over 10,000 square feet across three stories, the residence offers a variety of living arrangements: Eight bedroom suites, each uniquely appointed with period details and modern comforts. A 3,000 sq. ft. loft space, ideal for creative endeavors or additional living quarters with 2 rooms. Shared amenities include two fully equipped kitchens, a laundry room, an entertainment room, and a formal dining room. Classic Features with Modern Updates - The interior showcases original hardwood floors, decorative fireplaces, restored claw-foot tubs, and period wallpapers. Recent renovations include updated plumbing, wiring, and new HVAC systems, ensuring a blend of historic charm and contemporary convenience. Versatile Use & Investment Potential - With a conditional use permit for operation as a Bed & Breakfast and a variance in place, this property presents a unique investment opportunity. Whether you're seeking a private estate, a boutique hospitality venture, or a combination of both, The Pinney House offers endless possibilities. Key Highlights: 10,000 sq. ft. of living space across 3 stories. Eight bedroom suites and a 3,000 sq. ft. loft with 2 rooms. Two shared kitchens, laundry facilities, and formal dining. Historic Queen Anne Victorian architecture with modern updates. Mills Act tax relief and conditional use permit for B&B operation. 0.47-acre lot with landscaped gardens and mountain views. Experience the grandeur and elegance of The Pinney House where history meets luxury in the picturesque setting of Sierra Madre!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1888
- Lot Size
- 20,529 Sq. Ft.
Interior
- Total Bedrooms
- 11
- Total Bathrooms
- 10 (10 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 | 11.0 | 3.0 | 97% |
| Baths | 10.0 | 3.0 | 97% |
| Square foot | 10,000 | 2,106 | 97% |
| Lot Size | 20,529 | 10,682 | 97% |
| Price | $3.00M | $1.70M | 97% |
| Price per sq ft | $300 | $739 | 3% |
| Built year | 1888 | 1950 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 156 | 3% |
Pricing History
Listed for Sale
Jan 7, 2026
$2,999,000
Initial Listing
Sold
Jun 3, 2021
$2,200,000
Public Record
Sold
Dec 1, 2014
$2,480,000
Public Record