318 N Terrace View Drive, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 4 bath

318 N Terrace View Drive, Monrovia, California 91016 home-pic-0
ACTIVE$2,598,800
318 N Terrace View Drive, Monrovia, California 91016
4Beds
4Baths
4,211Sqft
61,869Lot
Year Built
1987
Close
-
List price
$2.6M
Original List price
$2.9M
Price/Sqft
$617
HOA
$450
Days on market
-
Sold On
-
MLS number
AR24237492
Home ConditionGood
Features
Excellent View: City Lights, Mountain(s)
Pool
Spa
Patio
ViewCity Lights,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $2.60M(99th), sqft - 4211(98th), beds - 4(73th), baths - 4(90th).

Awe-inspiring views that greet you at nearly every turn in this stunning Monrovia home optimally tucked into the foothills! Immaculately crafted by Mur-Sol Construction, this must-see residence is enviably set on a premium lot in the only gated community in Monrovia. A beautiful facade with a regal double-door welcomes you into the foyer, abundant natural light to accentuate the timeless interior that exudes a welcoming ambiance for anyone who enters.Stunning hardwoods lead you into the family room that sits under impressive vaulted ceilings clad in wood and exposed beams. A soaring brick surround frames your majestic brick-faced fireplace, an ideal spot for cozy evenings. Fall in love with the impeccably designed kitchen that comes with tons of gorgeous cabinetry accentuated by granite countertops gleaming under recessed lighting.High-quality appliances adorn the culinary space. Enjoy the home chef's signature dishes in the elevated dining room under stylish lighting and coffered ceilings. Striking features await you in the 4 bedrooms, including balcony access and a full-length bookshelf. Immerse yourself in the comfort of carpeted flooring across the upper level that hosts a hallway nook before guiding you to the opulent primary suite. Your ultimate retreat reveals a walk-in closet and a chandelier-lit sitting area. Begin the mornings on its private balcony perfectly placed to capture breathtaking vistas. Pamper yourself in the elegant spa-like ensuite showcasing a soaking tub, a double vanity, and a glass-enclosed shower with tasteful tile work. Unwind in the comfort of the cheerful formal living room with views from every window where doors whisk you out to the sunkissed patio with a fire pit to gather around. Outdoor get-togethers are a breeze in the entertainer's dream backyard with spectacular cityscape and mountain panoramas as your backdrop. Whether you're relaxing under ceiling fans on the covered patio or hosting weekend cookouts at the built-in BBQ with a keg, this showstopping abode treats you to endless hours of fun. A waterfall feature lends a soothing vibe to your lustrous infinity-edge pool and spa that's just waiting for you to take a refreshing dip. As a bonus, there's an office whenever you need a space for working from home, an attached 3-car garage, and a laundry room. Here's your chance to live a lifestyle of comfort and leisure, so what are you waiting for? Come for a tour before this phenomenal property slips you by!

Price History

Date
Event
Price
09/03/25
Price Change
$2,598,800+0.0%
08/19/25
Price Change
$2,598,000
11/25/24
Listing
$2,899,000
Condition Rating
Good

Built in 1987, this property is 37 years old, but it has clearly undergone significant and high-quality renovations, particularly in the kitchen and primary bathroom, likely within the last 10-15 years. The kitchen features gorgeous dark wood cabinetry, granite countertops, recessed lighting, and high-quality stainless steel appliances, making it functional and aesthetically pleasing, though not ultra-modern. The primary ensuite boasts an elegant spa-like feel with a soaking tub, double vanity with granite, and tasteful tile work in the glass-enclosed shower. Hardwood flooring is present in main living areas, and carpets in bedrooms appear well-maintained. While some elements like the wet bar and office built-ins retain a more traditional, older style, the overall property is immaculately maintained, move-in ready, and does not require immediate renovations, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Panoramic Views: Offers awe-inspiring cityscape, mountain, and foothill views from nearly every room, including a private primary suite balcony, enhancing desirability and value.
Exclusive Gated Community: Situated in Monrovia's only gated community, providing enhanced security, privacy, and a premium, tucked-into-the-foothills location.
Luxury Finishes & Craftsmanship: Immaculately crafted by Mur-Sol Construction, featuring stunning hardwoods, vaulted ceilings, a gourmet kitchen with granite countertops, high-quality appliances, and an opulent primary suite with a spa-like ensuite.
Resort-Style Outdoor Entertainment: An entertainer's dream backyard with a covered patio, fire pit, built-in BBQ with a keg, and a lustrous infinity-edge pool and spa with a waterfall feature.
Functional & Desirable Amenities: Includes a dedicated home office, an attached 3-car garage, a laundry room, and thoughtful interior details like a full-length bookshelf and hallway nook.

Cons

High Monthly Association Fee: A significant monthly association fee of $450 adds to the recurring ownership costs, which may be a consideration for some buyers.
Potential Overpricing: The current listing price is approximately 5% higher than the estimated property value, suggesting it may be priced above market expectations.
Carpeted Upper Level: The upper level features carpeted flooring, which some modern luxury buyers may prefer to update to hardwood or other hard surfaces for aesthetic or maintenance reasons.

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