
Arcadia, California 91006
This property presents a High-Potential Investment Opportunity with a List Price of $3,380,000—positioned well below the $3,385,866 Fair Market Value by 0.17%. This rare, expansive 41,175 sq. ft. lot in the prestigious Santa Anita Oaks neighborhood offers significant development potential for a custom estate up to 10,000 sq. ft. With a Condition Rating of 6, the existing structure serves as a foundation for a luxury build. This is an ideal acquisition for Luxury Developers or Custom Home Builders seeking a premier legacy homesite.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 W Orange Grove Avenue Subject | $3,380,000* List Price | 4 | 4 | 2,641 | $1,282 | - |
A 1210 Rodeo Road Active | $3,888,000 List Price | 4 | 4 | 3,532 | $1,101 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1939 and marketed explicitly as a development opportunity to build a new custom estate up to 10,000 sq ft. The listing focuses on land value, lot size, and potential for a new build rather than the condition of the existing 85-year-old structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41175, living area = 2641.
Situated in the prestigious Santa Anita Oaks neighborhood, this property offers high desirability and long-term value in one of Arcadia's most sought-after enclaves.
The expansive, flat 41,175 sq. ft. lot provides a rare opportunity to build a custom estate of up to 10,000 sq. ft., offering immense flexibility for luxury design.
Built in 1939, the existing 2,641 sq. ft. structure may require significant renovation or demolition to meet modern luxury standards, adding to the overall project cost.
With a list price of $3.38M primarily for the land value, the total capital requirement for development will be substantial, limiting the pool of potential buyers.
Rare opportunity to create a one-of-a-kind estate on nearly an acre of land in the prestigious Santa Anita Oaks neighborhood of Arcadia. 300 W Orange Grove Blvd offers an expansive, flat, and highly usable lot in one of the city's most coveted neighborhoods, providing the ideal setting to design and build your custom dream home, up to 10k sq ft. Set far back from the street, the property is framed by a sprawling front lawn, majestic oak trees, mature landscaping, and privacy hedges that create a peaceful sense of seclusion. A long concrete driveway leads to a detached garage, with additional parking available at the rear of the property. The spacious backyard offers remarkable privacy, surrounded by trees and lush hedging with no neighboring homes in view. Existing amenities include a large pool with a waterfall feature, generous patio areas for entertaining, space for an outdoor kitchen, mature oak and orange trees, wiring for exterior lighting, and plenty of room to add gardens, a fruit orchard, sports court, guest house, or a resort-style outdoor retreat. Whether you're looking to build a legacy estate for generations to come or develop an exceptional luxury residence, this is a rare opportunity to secure one of Santa Anita Oaks' premier homesites and bring your vision to life.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,641 | 2,100 |
| Lot Size | 41,175 | 10,113 |
| Price | $3.38M | $1.77M |
| Price per sq ft | $1.3K | $765 |
| Built year | 1939 | 1950 |
| HOA | $0 | $990 |
| Days on market | 15 | 56 |
Jul 7, 2026
$3,380,000
Initial Listing