515 W Le Roy, Arcadia, California 91007, Arcadia, 91007 - 7 bed, 8 bath
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Arcadia, California 91007
This Grand Arcadia Estate represents a Strong Value Opportunity, listed at $3,836,000—positioned well below the $3,864,103 Fair Market Value by 0.73%. This valuation gap offers $28,103 in Instant Equity. Featuring a Condition Rating of 4, the property offers a massive 20,000 SF lot and seven en-suite bedrooms, providing a prime canvas for modernization. Located in the Arcadia Unified School District, this estate is an ideal acquisition for Owner-Occupants seeking a luxury compound or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 W Le Roy Subject | $3,836,000* List Price | 7 | 8 | 6,654 | $581 | - |
A 423 W Lemon Avenue Sold | $4,100,000 | 5 | 6 | 6,619 | $619 | 0.5 mi |
B 662 W Norman Ave Active | $3,780,000 List Price | 5 | 6 | 5,828 | $649 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 26 years old and appears to retain its original finishes. While well-maintained and grand in scale, the kitchen features dated white appliances and 90s-style raised-panel cabinetry, and the bathrooms/systems likely reflect the same age, requiring modern updates.
The nearly 20,000 sq. ft. flat lot is secured by a private iron gate and features a mature fruit orchard, offering rare privacy and significant outdoor space in a prime urban setting.
With 6,654 sq. ft. of living space and seven en-suite bedrooms, the home provides a highly functional and luxurious floor plan suitable for large families or multi-generational living.
Situated in the highly sought-after Arcadia Unified School District and within walking distance to premium shopping and dining, the property offers unparalleled convenience and long-term value.
Built in 1998, the interior may require cosmetic updates or renovations to align with contemporary luxury design trends and modern buyer expectations for this price point.
The substantial square footage and extensive grounds, including the mature orchard, will likely result in significant ongoing maintenance, landscaping, and utility expenses.
Private Gated Estate on a approximately 20,000 SF Lot with Mountain Views Secured behind a private iron gate on an expansive, near-20,000 sq. ft. flat lot, this grand Arcadia estate offers the perfect blend of luxury, privacy, and convenience. Featuring a desirable North-South orientation, the home is flooded with natural light, showcasing impressive high ceilings and an elegant, airy floor plan. The residence features an ideal layout where every bedroom is a private en-suite. The luxurious primary suite serves as a peaceful retreat, offering stunning views of the San Gabriel Mountains. The massive backyard is an urban oasis, complete with a mature fruit orchard including longan, apple, orange, guava, and wax apple trees. Superb location with unparalleled convenience—within walking distance to premium shopping, diverse dining options, supermarkets, and medical facilities. A rare opportunity to own a private compound in a prime Arcadia neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 8.0 | 3.0 |
| Square foot | 6,654 | 2,100 |
| Lot Size | 19,165 | 10,113 |
| Price | $3.84M | $1.77M |
| Price per sq ft | $576 | $765 |
| Built year | 1998 | 1950 |
| HOA | $0 | $990 |
| Days on market | 14 | 56 |
Jul 8, 2026
$3,836,000
Initial Listing
Sep 27, 2017
$3,000,000
Public Record
May 2, 2002
$1,450,000
Public Record