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338 Laurel Avenue, Arcadia, California 91006, Arcadia, 91006 - 4 bed, 3 bath

338 Laurel Avenue, Arcadia, California 91006 home-pic-0
ACTIVE$1,798,000
338 Laurel Avenue, Arcadia, California 91006
4Beds
3Baths
2,769Sqft
6,540Lot

Price Vs. Estimate

The estimated value ($1,170,336.94) is $627,663.06 (34%) lower than the list price ($1,798,000). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable North Arcadia Location: Situated on a serene, tree-lined street with central proximity to top-rated Arcadia schools, parks, and shopping, appealing to families and offering convenience.
Top Cons:
Significant Valuation Discrepancy: The current list price ($1.798M) is substantially higher than the automated property estimation ($1.17M), which may raise questions about market value and pricing strategy.

Compared to the nearby listings

Price:$1.80M vs avg $1.66M (+$139,000)59%
Size:2,769 sqft vs avg 2,140 sqft68%
Price/sqft:$649 vs avg $77621%

More Insights

Built in 1988 (37 years old).
Condition: The property, built in 1988, is well-maintained and features recent cosmetic updates such as new paint, carpet on the second floor, and modern appliances (refrigerator, dishwasher, oven). However, while functional and clean, the kitchen's granite countertops and cabinet style, along with the tile choices and vanity styles in the bathrooms (especially the black and white checkered bathroom), appear dated and are not consistent with a recent extensive renovation (within the last 5-15 years). The home is move-in ready but shows signs of being outdated in key areas, suggesting it would benefit from minor aesthetic updates to align with current trends.
Year Built
1988
Close
-
List price
$1.8M
Original List price
$1.88M
Price/Sqft
$649
HOA
-
Days on market
-
Sold On
-
MLS number
AR25059130
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Pool
Spa
Patio
ViewMountain(s), Neighborhood

About this home

Elegant 4 bedroom and 3 bathroom pool home in the serene, tree-lined street of North Arcadia. Once inside, the spacious open-concept living area boasts a stunning vaulted ceiling and large windows, filling the space with natural light. The connecting formal dining room is adjacent to the gourmet kitchen, equipped with modern appliances and an island perfect for entertaining. One bedroom and one bathroom are also thoughtfully appointed at the entry-level. Recent updates include the following new items: paint, refrigerator, dishwasher, oven, and carpet on the second floor. Upstairs, the primary suite offers a private retreat with a luxurious en-suite bathroom and a walk-in closet. Two additional bedrooms with a shared bath are also available for family and guests. The outdoor area is a true delight, featuring a beautifully landscaped backyard with a sparkling pool, ideal for alfresco dining. Centrally located close to Arcadia schools, parks, and shopping centers, this home offers the perfect blend of entertainment and relaxation.

Condition Rating
Fair
The property, built in 1988, is well-maintained and features recent cosmetic updates such as new paint, carpet on the second floor, and modern appliances (refrigerator, dishwasher, oven). However, while functional and clean, the kitchen's granite countertops and cabinet style, along with the tile choices and vanity styles in the bathrooms (especially the black and white checkered bathroom), appear dated and are not consistent with a recent extensive renovation (within the last 5-15 years). The home is move-in ready but shows signs of being outdated in key areas, suggesting it would benefit from minor aesthetic updates to align with current trends.
Pros & Cons

Pros

Desirable North Arcadia Location: Situated on a serene, tree-lined street with central proximity to top-rated Arcadia schools, parks, and shopping, appealing to families and offering convenience.
Outdoor Entertainment Haven: Features a beautifully landscaped backyard with a sparkling pool, perfect for relaxation and alfresco dining, enhancing lifestyle appeal.
Modern & Bright Interior Design: Boasts a spacious open-concept living area with vaulted ceilings and large windows, providing abundant natural light and a contemporary feel.
Updated Gourmet Kitchen & Appliances: Equipped with a gourmet kitchen featuring modern appliances and an island, along with recent updates to the refrigerator, dishwasher, and oven, offering move-in readiness.
Functional Floor Plan with Downstairs Bedroom: Includes a convenient entry-level bedroom and bathroom, ideal for guests or multi-generational living, complemented by a luxurious primary suite upstairs.

Cons

Significant Valuation Discrepancy: The current list price ($1.798M) is substantially higher than the automated property estimation ($1.17M), which may raise questions about market value and pricing strategy.
Potential for Aging Major Systems: Built in 1988, and while cosmetic updates are mentioned, there's no explicit detail on updates to major systems (e.g., HVAC, roof, plumbing, electrical), potentially indicating future maintenance or replacement costs.
Comparatively Smaller Lot Size: At 6,540 sqft, the lot size is smaller than some comparable properties in the area, which might be a consideration for buyers seeking more expansive outdoor space.

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