5191 Ivywood Drive, La Palma, California 90623, La Palma, 90623 - 3 bed, 3 bath

5191 Ivywood Drive, La Palma, California 90623 home-pic-0
ACTIVE$1,265,000
5191 Ivywood Drive, La Palma, California 90623
3Beds
3Baths
1,898Sqft
5,044Lot
Year Built
1966
Close
-
List price
$1.26M
Original List price
$1.3M
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
TR25049286
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 42% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.26M(52th), sqft - 1898(24th), beds - 3(28th), baths - 3(50th).

This exquisitely remodeled residence welcomes you with custom front doors that open to reveal a stunning interior brimming with luxurious and thoughtful upgrades. As you enter, your feet glide over the luxurious waterproof vinyl plank flooring, complemented by fresh, inviting paint throughout the interior and exterior. Energy-efficient LED recessed lighting casts a bright glow throughout the house. Every detail has been considered, from the brand-new energy-efficient windows to the incredible kitchen that inspires culinary creativity. The kitchen features exquisite quartz countertops, a waterfall island, and a custom backsplash juxtaposed against pristine white shaker cabinets. This kitchen is a true chef's paradise, equipped with top-of-the-line appliances, including a 36' stove, a sleek wine refrigerator under the bar. The living room fosters a welcoming environment, where the upgraded electric fireplace adds a sophisticated focal point, from where one can view the warm spa and pool. Journey upstairs to discover two beautifully designed bathrooms. Shower enclosures and upgraded plumbing fixtures and lighting ensure a luxurious feel in every detail. The three generous bedrooms serve as tranquil retreats, inviting relaxation for you and your guests. Step outside to find an entertainer's paradise in the backyard, complete with a pool and spa featuring newly applied paint and light, ideal for hosting memorable gatherings or enjoying sun-soaked afternoons. The solar panels continuously offer you the green energy throughout the year. The winner-awarded grade 1-12 schools!

Price History

Date
Event
Price
08/12/25
Sold
$1,184,000
12/17/24
Sold
$1,016,000
Condition Rating
Excellent

This property has undergone an 'exquisitely remodeled' and 'extensive' renovation, transforming it into a virtually new home. The description highlights 'luxurious waterproof vinyl plank flooring,' 'fresh, inviting paint throughout the interior and exterior,' 'Energy-efficient LED recessed lighting,' and 'brand-new energy-efficient windows.' The kitchen is a 'true chef's paradise' with 'exquisite quartz countertops, a waterfall island, pristine white shaker cabinets,' and 'top-of-the-line appliances' including a 36' stove and wine refrigerator. The bathrooms are 'beautifully designed' with 'upgraded plumbing fixtures and lighting.' Furthermore, the property includes solar panels and a renovated pool/spa. All these features, supported by the images, indicate that all components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Extensive Modern Remodel: The residence has undergone an exquisite remodel, featuring luxurious waterproof vinyl plank flooring, fresh paint, energy-efficient LED recessed lighting, and brand-new energy-efficient windows, offering a move-in ready modern aesthetic.
Gourmet Chef's Kitchen: The kitchen is a true chef's paradise, equipped with exquisite quartz countertops, a waterfall island, custom backsplash, pristine white shaker cabinets, top-of-the-line appliances, a 36' stove, and a sleek wine refrigerator.
Outdoor Entertainment Oasis: The backyard is designed as an entertainer's paradise, complete with a pool and spa featuring newly applied paint and lighting, ideal for hosting gatherings or relaxation.
Energy Efficiency: The property benefits from solar panels, providing green energy and potential utility cost savings throughout the year, complemented by new energy-efficient windows.
Top-Rated School District: Located within a district known for 'winner-awarded grade 1-12 schools,' which is a significant draw for families and enhances long-term property value.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-08-12. The sold price is $1,184,000.00. The property was recently sold within the past year on 2024-12-17. The sold price is $1,016,000.00.
Significant Valuation Discrepancy: The property's estimated value ($728,842.99) is substantially lower than the current listing price ($1,265,000), indicating a potential overvaluation or a disconnect with market comparables.
Original Construction Year: Despite extensive remodeling, the home's original build year of 1966 may raise concerns for some buyers regarding underlying infrastructure or potential age-related issues not covered by cosmetic upgrades.
Market Performance & Price Adjustment: A recent price reduction from $1,298,000 to $1,265,000 and being on the market since March 5th suggests the initial pricing may have been too high or there's a lack of buyer interest at the current price point.

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