245 W Scenic Drive, Monrovia, California 91016, Monrovia, 91016 - 3 bed, 3 bath

245 W Scenic Drive, Monrovia, California 91016 home-pic-0

245 W Scenic Drive

Monrovia, California 91016

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
3Baths
2,173Sq Ft
13,901Lot Size

Property Price

LIST PRICE$1,500,000
EST. MARKET VALUE
$1,629,166
7% BelowMARKET VALUE

SUMMARY

Analysis of 245 W Scenic Drive, Monrovia, California 91016 reveals a Prime Investment Opportunity with a current list price of $1,500,000—significantly undercutting the $1,629,166 Fair Market Value by 7%. This valuation gap indicates a +$129,166 Instant Equity potential for buyers. 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 Monrovia 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.

Estimated Market Value

$1,629,166 +$129,166 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Monrovia.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
245 W Scenic Drive
Subject
$1,500,000*
List Price
332,173$750-
A
430 N Canyon Boulevard
Sold
$1,578,000331,876$8410.5 mi
B
438 Crestview
Sold
$1,200,000322,271$5280.7 mi
C
319 N Encinitas Avenue
Active Under Contract
$1,199,999
List Price
321,645$7290.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1910 Craftsman has been extensively renovated and expanded, featuring a modern kitchen layout and a luxurious primary ensuite with a soaking tub and separate shower. The property is move-in ready with high-end resort-style amenities, including a pool and jacuzzi, and well-maintained historic details like wood shingle siding and hardwood flooring. While it retains its classic charm, the systems and finishes have been updated to meet modern standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13901, living area = 2173.

  • Historic Craftsman Charm

    Built in 1910, this home retains its timeless architectural character with wood shingle siding and a spacious front porch, offering a unique aesthetic that stands out in the market.

  • Resort-Style Outdoor Oasis

    The expansive 13,901 square foot lot features a private backyard with a sparkling pool, jacuzzi, and large covered patio, perfect for high-end entertaining and relaxation.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Non-Traditional Bedroom Layout

    The rear upstairs bedroom consists of two open, unseparated spaces, which may lack the privacy required for a standard third bedroom without further modification.

  • Potential Historic Maintenance

    As a structure dating back to 1910, the home may require specialized upkeep or updates to aging systems common in century-old properties to meet modern standards.

About 245 W Scenic Drive

Timeless Craftsman with Exceptional Views & Resort-Style Backyard Welcome to this stunning traditional Craftsman home, thoughtfully expanded to enhance both comfort and functionality. This truly unique property offers not only exceptional interior amenities, but also a remarkable lot that creates the perfect opportunity for your forever home. Featuring 3 bedrooms, 2.75 bathrooms, and 2,173 square feet of living space, this home showcases the architectural charm that defines classic Craftsman design — including a spacious front porch, rich wood shingle siding that adds depth and texture, abundant windows that fill the home with natural light, and dramatic steep, multi-level rooflines that create striking curb appeal. Upstairs, you’ll find two generously oversized bedrooms with walk-in closets. The front suite serves as a luxurious ensuite retreat, complete with a separate soaking tub and shower, along with breathtaking valley views. The rear bedroom offers incredible flexibility, currently configured as two open, unseparated spaces with picturesque views of the foothill oaks and surrounding natural landscape. The main level features a large bedroom addition with beautiful backyard views, ideal for guests or multi-generational living. The kitchen flows seamlessly into an expansive dining area, complemented by a separate formal dining room—perfect for entertaining. The inviting family room overlooks the backyard patio, pool, and lush landscaping, creating a seamless indoor-outdoor living experience. Situated on a generous 13,901 square foot lot, the home is elevated above street level, capturing sweeping valley views from the front. The secluded rear yard is a private oasis, featuring a large covered patio, sparkling pool and jacuzzi, and mature landscaping that enhances both beauty and privacy. Located in a truly exceptional neighborhood, this one-of-a-kind Craftsman offers timeless character, versatile living spaces, and resort-style outdoor amenities—making it the perfect place to call home for years to come.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1910
Lot Size
13,901 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
62%
Square foot2,1731,519
77%
Lot Size13,9017,422.5
83%
Price$1.50M$1.05M
87%
Price per sq ft$690$697
49%
Built year19101949
11%
HOA$0$0
50%
Days on market18157
2%

Pricing History

Listed for Sale

Feb 16, 2026

$1,500,000

Initial Listing

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