505 Lotus, Sierra Madre, California 91024, Sierra Madre, 91024 - 4 bed, 4 bath
505 Lotus
Sierra Madre, California 91024
Property Price
SUMMARY
Analysis of 505 Lotus, Sierra Madre, California 91024 reveals a Prime Investment Opportunity with a current list price of $2,299,999—significantly undercutting the $2,691,663 Fair Market Value by 14%. This valuation gap indicates a +$391,664 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sierra Madre Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Lotus Subject | $2,299,999* List Price | 4 | 4 | 4,075 | $661 | - |
A 145 Monte Vista Lane Sold | $2,500,000 | 5 | 4 | 3,820 | $654 | 1.0 mi |
B 2082 Kaia Lane Sold | $2,200,000 | 3 | 3 | 3,174 | $693 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1991, this property has undergone extensive and recent renovations, particularly evident in the 'fully remodeled kitchen' with new stainless steel appliances, granite countertops, and modern cabinetry, and the 'brand-new air conditioning units.' The images confirm the kitchen and all bathrooms feature contemporary styles, new fixtures, and high-quality finishes (e.g., marble-look tiles, freestanding tub, modern vanities). The flooring, whether hardwood or high-quality laminate, appears new and well-maintained, and carpets are fresh. The overall condition reflects a property that has been extensively renovated within the last 5 years, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18315, living area = 4075.
- Panoramic Views & Exceptional Privacy
This hilltop estate offers breathtaking panoramic views of city lights, hills, and mountains, coupled with exceptional privacy due to its tucked-away location in the foothills.
- Extensive Modern Remodeling
The residence has been thoughtfully remodeled throughout, blending timeless character with modern upgrades and featuring a bright, open-concept layout.
CONSRISKS & DEFICIENCIES
- Significant Price Discrepancy from Recent Sales
The current list price of $2.299M is substantially higher than recent sales in 2024 ($1.698M and $1.5825M), which may raise questions about valuation or recent investment not fully detailed.
- Niche Architectural Style
The 'Elegant English Tudor residence' style, while charming, may appeal to a specific buyer demographic, potentially limiting the overall market pool compared to more universally popular designs.
- Laminate Flooring
While functional, the presence of laminate flooring throughout the home, particularly at this luxury price point, might be perceived as a less premium finish by some discerning buyers who expect natural hardwood.
About 505 Lotus
Tucked away in the foothills, this hilltop estate offers breathtaking panoramic views and exceptional privacy. The elegant English Tudor residence features 4 bedrooms and 3.5 bathrooms and has been thoughtfully remodeled throughout. The home showcases a bright, open-concept layout with a seamless family room and kitchen, complemented by an informal dining area and a separate formal dining room. The fully remodeled kitchen features granite countertops, a center island, stainless steel appliances, and refined lighting. Two brand-new air conditioning units provide modern comfort. Special interior highlights include fireplaces in both the living room and family room, laminate flooring, and an oversized laundry room conveniently located near the formal living space. Two private balconies—one off the family room and another off the primary suite—offer picturesque views and indoor-outdoor enjoyment. The private backyard is an entertainer’s retreat, featuring a custom heated pool with waterfall and spa, along with a large built-in BBQ area ideal for gatherings and relaxation. Conveniently located with easy access to freeways, shopping, and dining, this exceptional home blends timeless character with modern upgrades and stunning views.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 18,315 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 4,075 | 2,106 | 97% |
| Lot Size | 18,315 | 10,682 | 97% |
| Price | $2.30M | $1.70M | 86% |
| Price per sq ft | $564 | $739 | 9% |
| Built year | 1991 | 1951 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 156 | 9% |
Pricing History
Listed for Sale
Jan 5, 2026
$2,299,999
Initial Listing
Sold
Apr 1, 2024
$1,698,000
Public Record
Sold
Mar 28, 2024
$1,582,500
Public Record
Sold
Apr 8, 2022
$2,200,000
Public Record
Sold
Apr 8, 2022
$2,050,000
Public Record
Sold
Mar 12, 2019
$2,300,000
Public Record
Sold
Apr 19, 2018
$1,489,000
Public Record