508 Encanto Ln, Monterey Park, California 91755, Monterey Park, 91755 - 3 bed, 3 bath
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Monterey Park, California 91755
This Modern Single Family Residence is a Strong Value Opportunity, listed at $950,000—positioned well below the $1,038,046 Fair Market Value by 8%. This valuation gap offers $88,046 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 2016-built home includes a fully paid-off solar system, EV charger, and high-end Thermador appliances. Located in a secure gated community, it provides a turnkey lifestyle for Owner-Occupants or first-time buyers seeking modern efficiency and long-term value.
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and remains in mint condition. It features a high-end modern kitchen with Thermador appliances and quartz countertops, upgraded bathrooms, and contemporary systems including a tankless water heater, EV charger, and a fully paid-off solar system.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37888, living area = 1756.
The property features significant high-value upgrades including a fully paid-off solar system, an EV charger, and a tankless water heater, offering long-term utility savings.
The home boasts a high-end kitchen with Thermador appliances, quartz countertops, and engineered wood flooring throughout, ensuring a luxury turn-key experience.
While the elementary school is strong, the assigned middle and high schools have lower ratings (4 and 5), which may be a concern for education-focused buyers.
The property listing indicates no significant views, which may limit its competitive edge compared to other hillside residences in Monterey Park.
Welcome to this charming modern home located in a desirable gated community in Monterey Park. Built in 2016, this beautiful upgraded residence offers 1756 sq ft of well-designed living space with fresh exterior paint and stylish modern finishes throughout. As you enter, the hallway leads to a bright and open living room connected seamlessly to the dining area and kitchen. The home features engineered wood flooring throughout the living room, dining area, and kitchen, along with built-in speakers in the living room. The upgraded kitchen showcases self-closing cabinets and drawers, quartz countertops, a center island, designer backsplash, and high-end Thermador stove and dishwasher appliances. A spacious walk-in pantry and downstairs powder room add convenience. Recessed lighting is installed throughout the home, and the staircase features upgraded handrails. Upstairs, the spacious primary suite offers abundant natural light and privacy, features a luxurious bathroom with dual vanities, separate bathtub and shower, and a large walk-in closet. Two additional bedrooms share a hallway bathroom with dual vanities. The laundry room is conveniently located on the second floor. Enjoy the private backyard, epoxy-finished garage floor, EV charger installation, tankless water heater, and fully paid-off solar system. The property also includes a two-car garage and additional driveway parking. Community amenities include picnic area, BBQ area, conveniently located near Costco, Home depot, restaurant, and with easy access to the 60 freeway.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,756 | 1,505 | 70% |
| Lot Size | 37,888 | 7,074 | 92% |
| Price | $950.0K | $950.0K | 50% |
| Price per sq ft | $541 | $647 | 27% |
| Built year | 2016 | 1953 | 95% |
| HOA | $228.0 | $0 | 95% |
| Days on market | 39 | 135 | 5% |
May 6, 2026
$950,000
Initial Listing
Oct 13, 2016
$683,000
Public Record