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5123 Caroli Lane, La Canada Flintridge, California 91011, La Canada Flintridge, 91011 - 3 bed, 3 bath

5123 Caroli Lane, La Canada Flintridge, California 91011 home-pic-0
ACTIVE UNDER CONTRACT$2,095,000
5123 Caroli Lane, La Canada Flintridge, California 91011
3Beds
3Baths
1,997Sqft
16,302Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $2,095,000.

Key pros and cons

Top Pros:
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 = 16302, living area = 1997.
Top Cons:
Absence of Views: The property explicitly lacks views, which may be a notable drawback for buyers seeking scenic vistas common in this desirable hillside community.

Compared to the nearby listings

Price:$2.10M vs avg $2.35M ($-258,450)35%
Size:1,997 sqft vs avg 2,547 sqft30%
Price/sqft:$1.0K vs avg $98663%

More Insights

Built in 1950 (75 years old).
Condition: This 1950-built home benefits from significant recent updates, particularly a 'recently updated kitchen with stainless steel appliances' which appears modern and well-appointed in the images. Major systems like central heat/air, mostly copper plumbing, and a tankless water heater have also been updated, contributing to its move-in ready status. While the main bathroom's style, with its mosaic tile and pedestal sink, appears to be an older renovation (likely 10-15 years ago) rather than brand new, it is functional and well-maintained. The property's overall condition, including flooring, paint, and general upkeep, suggests it has been extensively renovated within the last 5-15 years, aligning with a 'Good' score despite its original build year.
Year Built
1950
Close
-
List price
$2.1M
Original List price
$2.15M
Price/Sqft
$1,049
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25125
Home ConditionGood
Features
Pool
Patio
View-

About this home

Location, Location, Location! This spacious ranch style home is situated on a highly desirable cul de sac location. Nestled on generous 16,302 SF lot, this La Canada gem offers an exceptional opportunity. The interior includes 3 bedrooms featuring a large primary suite and an additional junior primary suite with walk-in closet. A cozy living room with ornamental fireplace and recessed lighting is open to the dining area. This room offers includes a slider accessing the rear yard and excellent views of the sparkling pool. A recently updated kitchen with stainless steel appliances offers plentiful counter space and access to the cozy den which could also serve as an in-house office. The laundry room is ideally located off the kitchen and includes a powder room. The backyard has unlimited potential with its inground pool and adjacent cabana. This cabana with Murphy Bed creates a flexible space to be used as a guest room, studio, or private office. Additional land at the rear of the lot is ripe for your imagination! Other features include Central Heat/Air, Solar (on agreement), mostly copper plumbing, and tankless water heater. The 2 car garage includes plentiful cabinetry, rear door, and additional attic storage. Whether you're looking to move right in and enjoy or planning your dream renovation, 5123 Caroli Lane delivers endless possibilities.

Condition Rating
Good
This 1950-built home benefits from significant recent updates, particularly a 'recently updated kitchen with stainless steel appliances' which appears modern and well-appointed in the images. Major systems like central heat/air, mostly copper plumbing, and a tankless water heater have also been updated, contributing to its move-in ready status. While the main bathroom's style, with its mosaic tile and pedestal sink, appears to be an older renovation (likely 10-15 years ago) rather than brand new, it is functional and well-maintained. The property's overall condition, including flooring, paint, and general upkeep, suggests it has been extensively renovated within the last 5-15 years, aligning with a 'Good' score despite its original build year.
Pros & Cons

Pros

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 = 16302, living area = 1997.
Premium Location & Expansive Lot: Situated on a highly desirable cul-de-sac in La Canada Flintridge, boasting a generous 16,302 SF lot, offering privacy and space.
Enhanced Outdoor Amenities: Features an inground pool and a versatile cabana with a Murphy bed, providing flexible use as a guest room, studio, or private office.
Significant System & Interior Updates: Benefits from a recently updated kitchen with stainless steel appliances, central heat/air, mostly copper plumbing, and a tankless water heater.
Flexible Living Spaces: Includes a large primary suite, an additional junior primary suite, and a den adaptable for an in-home office, catering to diverse lifestyle needs.
Development & Customization Potential: The large lot and additional land at the rear offer substantial opportunities for future expansion, landscaping, or personalized development.

Cons

Absence of Views: The property explicitly lacks views, which may be a notable drawback for buyers seeking scenic vistas common in this desirable hillside community.
Age of Construction: Built in 1950, the home's original structure is over 70 years old, potentially implying a need for ongoing maintenance or more extensive future renovations despite recent updates.
Solar Lease/Agreement: The solar system is 'on agreement,' which typically indicates a lease or Power Purchase Agreement (PPA), representing a recurring financial obligation that transfers to the new owner and can sometimes impact financing.

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