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225 N Lima Street, Sierra Madre, California 91024, Sierra Madre, 91024 - 11 bed, 10 bath

225 N Lima Street, Sierra Madre, California 91024 home-pic-0
ACTIVE$2,999,000$10,000/sqft
225 N Lima Street, Sierra Madre, California 91024
11Beds
10Baths
10,000Sqft
20,529Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Historic Significance & Architectural Masterpiece: A designated Sierra Madre Historic Landmark, this 1888 Queen Anne Victorian was designed by renowned architects and is one of Southern California's last remaining railroad hotels, offering unparalleled historical charm and architectural grandeur.
Top Cons:
High Maintenance & Operating Costs: A 10,000 sq ft historic property, despite recent updates, will inherently incur substantial ongoing maintenance, utility, and insurance expenses due to its age and scale.

Compared to the nearby listings

Price:$3.00M vs avg $1.60M (+$1,396,500)98%
Size:10,000 sqft vs avg 2,019.5 sqft98%
Price/sqft:$300 vs avg $7553%

More Insights

Built in 1888 (138 years old).
Condition: This historic 1888 Queen Anne Victorian, while very old, has undergone significant 'recent renovations' including updated plumbing, wiring, and new HVAC systems, bringing its major components up to modern functional standards. The two kitchens are fully equipped with modern stainless steel appliances and traditional cabinetry, appearing well-maintained. Bathrooms feature a mix of restored period elements like claw-foot tubs and pedestal sinks, alongside updated tiled showers, all in good condition. Original hardwood floors are well-preserved, and other areas have clean carpeting. The property is move-in ready, blending historic charm with contemporary convenience, aligning with the 'Good' category's criteria for extensive renovations within 5-15 years and well-maintained systems.
Year Built
1888
Close
-
List price
$3M
Original List price
$3M
Price/Sqft
$300
HOA
-
Days on market
-
Sold On
-
MLS number
SB26003542
Home ConditionGood
Features
Good View: City Lights, Mountain(s), Panoramic
Deck
Patio
ViewCity Lights,Mountain(s),Panoramic

About this home

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!

E
Edward Kim
Listing Agent

Price History

Date
Event
Price
06/03/21
Sold
$2,200,000
12/01/14
Sold
$2,480,000
Condition Rating
Good
This historic 1888 Queen Anne Victorian, while very old, has undergone significant 'recent renovations' including updated plumbing, wiring, and new HVAC systems, bringing its major components up to modern functional standards. The two kitchens are fully equipped with modern stainless steel appliances and traditional cabinetry, appearing well-maintained. Bathrooms feature a mix of restored period elements like claw-foot tubs and pedestal sinks, alongside updated tiled showers, all in good condition. Original hardwood floors are well-preserved, and other areas have clean carpeting. The property is move-in ready, blending historic charm with contemporary convenience, aligning with the 'Good' category's criteria for extensive renovations within 5-15 years and well-maintained systems.
Pros & Cons

Pros

Historic Significance & Architectural Masterpiece: A designated Sierra Madre Historic Landmark, this 1888 Queen Anne Victorian was designed by renowned architects and is one of Southern California's last remaining railroad hotels, offering unparalleled historical charm and architectural grandeur.
Mills Act Tax Relief: The property benefits from Mills Act tax relief, providing significant financial advantages and reducing the ongoing cost of ownership for a historic estate.
Prime Location & Panoramic Views: Nestled in the heart of Sierra Madre, the property boasts sweeping views of the San Gabriel Mountains and city lights, enhancing its desirability and value.
Expansive & Amenity-Rich Lot: The generous 0.47-acre lot features beautifully landscaped English gardens, fruit trees, and multiple outdoor spaces, perfect for relaxation and entertaining.
Versatile & Grand Interior with Modern Updates: Spanning 10,000 sq ft with eight bedroom suites, a 3,000 sq ft loft, and two kitchens, the interior blends classic features with recent updates to plumbing, wiring, and HVAC, offering both historic charm and contemporary convenience, along with a conditional use permit for B&B operation.

Cons

High Maintenance & Operating Costs: A 10,000 sq ft historic property, despite recent updates, will inherently incur substantial ongoing maintenance, utility, and insurance expenses due to its age and scale.
Niche Market Appeal: The property's unique historic landmark status, grand size, and B&B operational permit cater to a very specific buyer demographic, potentially leading to a longer market time.
Complex Management/Operation: Whether as a private estate or a hospitality venture, managing a property of this size and complexity, with multiple suites and shared amenities, requires significant resources and dedicated oversight.
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