440 Winthrop Road, San Marino, California 91108, San Marino, 91108 - 4 bed, 4 bath
ACTIVE$3,428,000
440 Winthrop Road, San Marino, California 91108
4Beds
4Baths
2,402Sqft
9,437Lot
Price Vs. Estimate
The estimated value ($2,346,566.375) is $1,081,433.625 (31%) lower than the list price ($3,428,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Modern Renovation: Completed in 2018, this 'totally renovated' villa-style home offers contemporary luxury and modern amenities, significantly reducing immediate maintenance needs for a buyer.
Top Cons:
Significant Overpricing Relative to Market Value: The current list price of $3.428M is substantially higher than the estimated value of $2.346M, indicating a potential overvaluation of 31% compared to similar properties, which could deter potential buyers and prolong market time.
Compared to the nearby listings
Price:$3.43M vs avg $2.96M (+$468,000)73%
Size:2,402 sqft vs avg 2,731 sqft33%
Price/sqft:$1.4K vs avg $1.1K94%
More Insights
Built in 1960 (65 years old).
Condition: Despite the original build year of 1960, the property underwent a 'totally renovated' transformation completed in 2018. This extensive renovation, only 6 years ago, included a 'state-of-the-art kitchen with high-end appliances,' 'elegant lighting,' and a 'high-tech smart system,' indicating that all major components are new or virtually new, meeting current quality standards. The description emphasizes 'modern luxury' and 'professionally designed,' aligning with the 'excellent' criteria of minimal physical depreciation and no deferred maintenance.
Year Built
1960
Close
-
List price
$3.43M
Original List price
$3.43M
Price/Sqft
$1,427
HOA
-
Days on market
-
Sold On
-
MLS number
WS25012992
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewNeighborhood, Pool
About this home
This modern, totally renovated villa-style home in San Marino, completed in 2018, features 4 bedrooms, 3.5 bathrooms and an office can be 5th bedroom. Located near San Marino's top schools and South Pasadena, the house includes a two-car detached garage. Equipped with a high-tech smart system linked to the local fire station, it offers both safety and convenience. The backyard boasts a redesigned landscape with an infinity pool, Jacuzzi, and waterfall, while the interior includes a state-of-the-art kitchen with high-end appliances, a sound system, and elegant lighting. This professionally designed home embodies modern luxury.Don't miss the opportunity to own this remarkable home that redefines contemporary living in San Marino!
Condition Rating
Excellent
Despite the original build year of 1960, the property underwent a 'totally renovated' transformation completed in 2018. This extensive renovation, only 6 years ago, included a 'state-of-the-art kitchen with high-end appliances,' 'elegant lighting,' and a 'high-tech smart system,' indicating that all major components are new or virtually new, meeting current quality standards. The description emphasizes 'modern luxury' and 'professionally designed,' aligning with the 'excellent' criteria of minimal physical depreciation and no deferred maintenance.
Pros & Cons
Pros
Extensive Modern Renovation: Completed in 2018, this 'totally renovated' villa-style home offers contemporary luxury and modern amenities, significantly reducing immediate maintenance needs for a buyer.
Premium Location & School District: Situated in San Marino, known for its top-rated schools, and close to South Pasadena, enhancing its appeal to families and ensuring strong long-term value.
Luxury Outdoor Living: The redesigned backyard features an infinity pool, Jacuzzi, and waterfall, creating a private resort-like oasis for relaxation and entertaining.
High-Tech Smart Home Integration: Equipped with a high-tech smart system linked to the local fire station, offering advanced safety, convenience, and modern living.
State-of-the-Art Interior Finishes: Boasts a state-of-the-art kitchen with high-end appliances, a sound system, and elegant lighting, reflecting professional design and modern luxury throughout.
Cons
Significant Overpricing Relative to Market Value: The current list price of $3.428M is substantially higher than the estimated value of $2.346M, indicating a potential overvaluation of 31% compared to similar properties, which could deter potential buyers and prolong market time.
Smaller Square Footage Compared to Comps: At 2402 sqft, the property is on the smaller side when compared to several recently sold or active comparable properties in the area, which might impact perceived value for its price point.
Older Original Construction Year: While extensively renovated in 2018, the original build year of 1960 means the underlying structure is older, which could raise concerns for some buyers regarding potential unseen issues or the longevity of certain systems not covered by the renovation.