
Pasadena, California 91107
This Cape Cod-style estate represents a High-Potential Investment Opportunity, listed at $3,500,000—positioned above the $3,135,648 Fair Market Value. While the price reflects a premium, the property offers significant upside through modernization of its Fair Condition Rating infrastructure. Situated in the elite San Marino Unified School District, this 0.37-acre gated lot features a detached guest house and mountain views, providing rare versatility. This estate is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a prestigious Pasadena residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2964 Lombardy Subject | $3,500,000* List Price | 4 | 3 | 3,043 | $1,030 | - |
A 3490 San Pasqual Sold | $2,570,000 | 3 | 3 | 2,985 | $861 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the 1942 estate is well-maintained and functional, the interior shows significant dating. Specifically, the bathrooms feature older blue tile and cabinetry likely exceeding 20-30 years in age, and the presence of wall heaters indicates older HVAC systems. The property is move-in ready but requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16300, living area = 3043.
Elementary School: Carver Elementary School (9/10). Middle School: Foothills Middle School (9/10). High School: San Marino High School (10/10).
The property is situated within the highly-coveted San Marino Unified School District, providing access to top-rated institutions including San Marino High School and Carver Elementary.
Built in 1942, the residence may require significant capital improvements to modernize core systems and finishes to meet the expectations of today's luxury buyers.
With only three bathrooms serving a four-bedroom main residence, the bathroom-to-bedroom ratio may be perceived as a drawback for a property at this $3.5M price point.
3043 Sq Ft Main Residence + 544 Sq Ft Guest House | Total 3,587 Sq Ft. Set behind a gated entry on a beautifully landscaped 0.37-acre lot, this Cape Cod-style estate blends timeless charm with generous living spaces. The approximately 3,043-square-foot main home offers 4 bedrooms and 3 bathrooms, providing flexible layouts ideal for both everyday living and elegant entertaining. A formal living room with brick fireplace and custom built-ins flows seamlessly into the dining room and a spacious kitchen featuring a center island and breakfast area. The inviting family room opens through French doors to a covered patio, creating a perfect setting for indoor-outdoor gatherings. The main level includes a guest suite or home office with a full bath. Upstairs, three well-appointed bedrooms share two full bathrooms, including the primary bedroom with built-ins and ample closet space. A detached two-car garage is complemented by a 544-square-foot guest house with full bath, ideal for visitors, extended family, or a private workspace. Outdoors, mature trees, flowering gardens, and expansive lawns offer a peaceful and private retreat. Ideally located near shopping, dining, parks, and major freeways, and situated within the highly regarded San Marino Unified School District, this exceptional property presents a rare opportunity to own a prestigious Pasadena estate. 3D Virtual Tour Available
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,043 | 1,739.5 |
| Lot Size | 16,300 | 7,979 |
| Price | $3.50M | $1.62M |
| Price per sq ft | $1.2K | $897 |
| Built year | 1942 | 1936 |
| HOA | $0 | $250 |
| Days on market | 5 | 45 |
Jul 17, 2026
$3,500,000
Initial Listing
May 2, 2016
$2,450,000
Public Record
Sep 25, 2002
$988,000
Public Record