2623 Fairgreen, Arcadia, California 91006, Arcadia, 91006 - 3 bed, 3 bath
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2623 Fairgreen
Arcadia, California 91006
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,262Sq Ft
11,900Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,798,000
8% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,798,000—positioned well below the $1,956,693 Fair Market Value by 8%. This valuation gap offers $158,693 in Instant Equity for the buyer. Featuring a gourmet kitchen with Miele appliances, a resort-style backyard with a pool, and an Excellent Condition Rating, this property requires no immediate work. It is an ideal acquisition for discerning homeowners or luxury buyers seeking a turnkey, high-end lifestyle in Arcadia.
Estimated Market Value
$1,798,000+$148,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Arcadia.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2623 Fairgreen Subject | $1,650,000* List Price | 3 | 3 | 2,262 | $795 | - |
A 2114 S 8th Ave Sold | $1,840,000 | 3 | 3 | 2,198 | $837 | 0.5 mi |
B 2221 S 4th Ave Sold | $1,740,000 | 4 | 3 | 2,500 | $696 | 0.8 mi |
C 617 Encino Court Sold | $1,833,000 | 4 | 2 | 2,466 | $743 | 0.9 mi |
D 1318 S 8th Sold | $1,568,000 | 3 | 3 | 2,174 | $721 | 0.7 mi |
E 2500 S 3rd Avenue Sold | $1,850,000 | 3 | 3 | 2,318 | $798 | 1.0 mi |
F 1240 S 9th Sold | $1,800,000 | 4 | 4 | 2,018 | $892 | 0.7 mi |
G 2224 Hollis Lane Sold | $1,580,000 | 4 | 4 | 1,780 | $888 | 0.7 mi |
H 2666 2668 Fairgreen Avenue Active | $1,750,000 List Price | 0 | 0 | 2,565 | $682 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1951, the property has undergone high-end, recent renovations featuring a gourmet kitchen with Miele/Bosch appliances, spa-inspired bathrooms with modern fixtures, and significant system upgrades including a whole-house Generac generator and EV-ready driveway, placing it in mint condition.
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 = 11900, living area = 2262.
- Gourmet Chef's Kitchen
The kitchen features high-end Miele and Bosch appliances, including a built-in espresso maker and warming drawer, paired with quartz countertops and a large center island.
- Resort-Style Outdoor Living
The expansive 11,900 sqft lot offers a gated pool, tranquil water feature, and a pergola-covered patio, providing an exceptional space for entertaining and relaxation.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11900, other record lot size in square feet = 11533.
- Recently Sold Property
The property was recently sold within the past year on 2025-08-20. The sold price is $1,699,000.00.
- Lack of Scenic Views
The property does not offer any significant views, which may be a drawback for buyers looking for the hillside or city light vistas common in parts of Arcadia.
About 2623 Fairgreen
The price is right! Big reduction! Beautifully upgraded and meticulously maintained, this inviting home blends classic charm with modern amenities and exceptional indoor-outdoor living. Sun-filled living spaces feature hardwood floors, crown molding and large picture windows, while the formal living room is highlighted by a gas fireplace and the elegant dining room features a lovely bay window.At the heart of the home is the gourmet kitchen with quartz countertops, a large center island and an impressive collection of Miele and Bosch appliances, including a built-in espresso maker, double oven and warming drawer. The kitchen opens to a spacious family room with French doors leading to the resort-style backyard--perfect for entertaining or relaxing with a pergola-covered patio, gated pool, tranquil water feature, grassy lawn and mature fruit trees.The spacious primary suite offers a walk-in closet and spa-inspired bath with dual sinks, a jetted soaking tub and oversized shower with rain showerhead. Two additional bedrooms and a beautifully appointed hall bath complete the living space.Additional highlights include a finished detached two-car garage with epoxy flooring and built-in storage, EV-ready driveway, whole-house Generac generator, surveillance cameras and security system. Thoughtfully upgraded inside and out, this special home offers comfort, style and wonderful spaces for everyday living and entertaining.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 11,900 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.1 |
| Square foot | 2,262 | 2,358 |
| Lot Size | 11,900 | 10,956.875 |
| Price | $1.65M | $1.82M |
| Price per sq ft | $729 | $760 |
| Built year | 1951 | 1954 |
| HOA | $0 | $990 |
| Days on market | 26 | 50 |
Pricing History
Listed for Sale
Sep 5, 2026
$1,650,000
$1,798,000
-8% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$1,798,000
Initial Listing
Sold
Aug 20, 2025
$1,699,000
Public Record
Sold
Jun 8, 2012
$740,000
Public Record
Sold
Mar 26, 2009
$500,000
Public Record