295 Marguerita Lane, Pasadena, California 91106, Pasadena, 91106 - 2 bed, 2 bath

295 Marguerita Lane, Pasadena, California 91106 home-pic-0
ACTIVE$1,495,000$957/sqft
Est. Value: $1,323,826
-11%
AboveEstimate
295 Marguerita Lane, Pasadena, California 91106
2Beds
2Baths
957Sqft
4,516Lot

Price Vs. Estimate

The estimated value ($1,323,826.08) is $171,173.92 (11%) lower than the list price ($1,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic & Architectural Significance: The property is a rare Spanish Revival gem, built by renowned architects Burton and Denman Schutt, and is a contributing architectural site on the National Register, offering unique character and heritage.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-04-01. The sold price is $1,400,000.00.

Compared to the nearby listings

Price:$1.50M vs avg $1.90M ($-405,000)41%
Size:957 sqft vs avg 2,020.5 sqft21%
Price/sqft:$1.6K vs avg $98697%

More Insights

Built in 1928 (98 years old).
Condition: This 1928 Spanish Revival home, while retaining its original and distinctive aesthetic in the kitchen and bathrooms (tiled countertops, dark wood cabinetry, handcrafted tile motifs), has undergone significant and recent upgrades in 2025 to major systems including electrical panels, foundation, and plumbing (new sewer line). The property is exceptionally well-maintained, clean, and move-in ready, with no immediate functional renovations required. The vintage style is a preserved feature, not a sign of disrepair. The recent system updates bring its functional condition up to a 'Good' standard, despite the older build year and specific aesthetic.
Year Built
1928
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$1,562
HOA
-
Days on market
-
Sold On
-
MLS number
26636141
Home ConditionGood
Features
ViewPond

About this home

Tucked away on the charming and coveted Marguerita Lane, originally built as an artists' colony by brothers architect and builder Burton and Denman Schutt, also known for other famous works like the Hotel Bel-Air and many estates throughout Bel-Air and Beverly Hills. This inviting Pasadena home offers a rare blend of comfort, character, and tranquility. While first greeted by bougainvillea, you will enter the courtyard, where you are met with a striking Khalo cobalt blue wall, with a tile-adorned niche on the rear of the wall that distinguishes the entrance to the property and adds to its privacy. The tranquil courtyard is surrounded by a multitude of lush plants and foliage, featuring a pond/water garden that serves as a habitat for fish. A peaceful place to convene. Inside, the home is filled with natural light and handcrafted architectural adornments and stained glass windows designed and made by a previous owner. The living room has a large window behind the cozy front porch and a gorgeous one-of-a-kind tiled fireplace. A beautiful tiled archway leads into the dining room, serving as both a functional threshold and a decorative framing of space, alluding to the architectural heritage of this Spanish Revival home. The kitchen features dark wood cabinetry paired with white, blue, and yellow tiled countertops, and an original Bicentennial stained glass door that speaks to the handcrafted nature of the home. The main house offers two comfortable bedrooms and a full bathroom that sit behind beautiful swinging wrought iron doors. The bathroom follows the same handcrafted tile motifs as the rest of the home, as well as an abundance of natural light that pours through the bay window at the center of the bathroom. The backyard is designed for both entertaining and relaxation. Situated under a beautiful Japanese Maple Tree, the yard features a lion's head fountain and a built-in barbecue. Ideal for outdoor dining and weekend gatherings. Adding flexibility and value, the detached garage has been transformed into a versatile art studio or private office. Including a fully permitted 3/4 bathroom with laundry and storage. It also boasts a built-in tiled workbench with a bar sink and storage, perfect for creative work, guest use, a peaceful retreat, or potential future ADU (buyer to verify). This 1922 Spanish Revival home is a contributing architectural site according to the National Register, and has been approved and included in the Mills Act. Not only does the Mills Act help save thousands of dollars on annual property taxes, but it also gives one an opportunity to help preserve a beautiful example of historic California architecture. The home has undergone many upgrades in 2025, including a new main electrical panel and sub panel, foundation work on both the main house and garage, plumbing work (such as a new sewer line), as well as a new drip irrigation system.A rare opportunity to own a true Spanish Revival gem with charm, history, and exceptional indoor-outdoor living. Come experience the enchantment of this truly special home.

V
Veronica Paglia
Listing Agent

Price History

Date
Event
Price
04/01/25
Sold
$1,400,000
Condition Rating
Good

This 1928 Spanish Revival home, while retaining its original and distinctive aesthetic in the kitchen and bathrooms (tiled countertops, dark wood cabinetry, handcrafted tile motifs), has undergone significant and recent upgrades in 2025 to major systems including electrical panels, foundation, and plumbing (new sewer line). The property is exceptionally well-maintained, clean, and move-in ready, with no immediate functional renovations required. The vintage style is a preserved feature, not a sign of disrepair. The recent system updates bring its functional condition up to a 'Good' standard, despite the older build year and specific aesthetic.
Pros & Cons

Pros

Historic & Architectural Significance: The property is a rare Spanish Revival gem, built by renowned architects Burton and Denman Schutt, and is a contributing architectural site on the National Register, offering unique character and heritage.
Mills Act Tax Benefits: Approved and included in the Mills Act, this home offers substantial annual property tax savings, providing a significant financial advantage for the owner.
Versatile Detached Studio/ADU Potential: The fully permitted detached garage has been transformed into a versatile art studio/office with a 3/4 bathroom and laundry, offering flexibility for guest use, creative work, or potential future ADU conversion.
Recent Major System Upgrades: The home has undergone significant upgrades in 2025, including new electrical panels, foundation work, plumbing (new sewer line), and a drip irrigation system, reducing immediate maintenance concerns.
Exceptional Indoor-Outdoor Living & Tranquility: Features a tranquil courtyard with a pond/water garden and a thoughtfully designed backyard with a Japanese Maple, fountain, and built-in barbecue, ideal for relaxation and entertaining.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-04-01. The sold price is $1,400,000.00.
Compact Living Space: With only 957 sqft, the main residence offers limited interior living space, which may not meet the needs of buyers seeking larger homes or additional bedrooms.
Specific Aesthetic & Preservation Constraints: The highly customized, handcrafted Spanish Revival aesthetic with unique tile work and stained glass may not appeal to all modern tastes, and its historic designation could imply certain preservation responsibilities or limitations on future renovations.
Absence of Central Cooling System: The property description does not mention a cooling system, which could be a significant drawback during warmer months in Pasadena and may require a future investment for climate control.
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