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540 Hacienda Drive, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 2 bath

540 Hacienda Drive, Monrovia, California 91016 home-pic-0
ACTIVE UNDER CONTRACT$1,324,900$1,683/sqft
Est. Value: $1,330,240
%
FairlyEstimate
540 Hacienda Drive, Monrovia, California 91016
4Beds
2Baths
1,683Sqft
8,784Lot

Price Vs. Estimate

The estimated value ($1,330,240.405) is $5,340.405 (0%) lower than the list price ($1,324,900). This property may be overpriced.

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 = 8784, living area = 1683.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-06-27. The sold price is $1,100,000.00.

Compared to the nearby listings

Price:$1.32M vs avg $992.5K (+$332,400)79%
Size:1,683 sqft vs avg 1,439.5 sqft68%
Price/sqft:$787 vs avg $71464%

More Insights

Built in 1949 (77 years old).
Condition: Despite being built in 1949, this property has undergone a comprehensive and recent renovation, as evidenced by the description and images. The kitchen features all new custom cabinetry, sleek countertops, tile backsplash, stainless steel appliances, and modern fixtures. Both bathrooms are fully updated with new vanities, custom tile work, and contemporary fixtures. The home also boasts luxury flooring throughout, fresh paint, upgraded electrical, HVAC, and vinyl windows. All components appear new or virtually new, meeting current quality standards, which aligns perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Year Built
1949
Close
-
List price
$1.32M
Original List price
$1.32M
Price/Sqft
$787
HOA
-
Days on market
-
Sold On
-
MLS number
DW25280130
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Gorgeous UPDATED 4-bedroom, 2-bathroom home in desirable Monrovia neighborhood on a quiet tree lined street with mountain views. This home features an open concept living space with a decorative fireplace and access to one of two outdoor covered patios. The kitchen has all new custom cabinetry, sleek countertops, tile backsplash, stainless steel appliances, new fixtures and a large center island with countertop seating. The spacious primary bedroom has a large closet with custom built-ins, ensuite bathroom and access to the outside patio area. Both the primary and hall bathroom have new double sink vanities, custom tile work and fixtures. Other features include luxury flooring throughout the living area and bedrooms, freshly painted exterior and interior, stylish new plumbing and lighting fixtures throughout, upgraded electrical panel, HVAC, vinyl windows, and indoor laundry. The spacious enclosed backyard is perfect for outdoor fun and entertainment with two large, covered patio areas, and yard. There is an oversized detached two car garage with ADU potential and plenty of off-street parking in the long driveway. Buyer to verify all building codes and ADU guidelines with the city. This home is just a short distance from Old Town Monrovia shops, restaurants, Saturday Farmer’s Market and Friday night spring and summer street fair and close to the Duarte Bike Trail. Tax rolls show different bedroom count.

J
Judi Reimer
Listing Agent

Price History

Date
Event
Price
06/27/25
Sold
$1,100,000
Condition Rating
Excellent
Despite being built in 1949, this property has undergone a comprehensive and recent renovation, as evidenced by the description and images. The kitchen features all new custom cabinetry, sleek countertops, tile backsplash, stainless steel appliances, and modern fixtures. Both bathrooms are fully updated with new vanities, custom tile work, and contemporary fixtures. The home also boasts luxury flooring throughout, fresh paint, upgraded electrical, HVAC, and vinyl windows. All components appear new or virtually new, meeting current quality standards, which aligns perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
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 = 8784, living area = 1683.
Extensive Modern Renovation: The property has undergone a comprehensive update, including a new kitchen, remodeled bathrooms, luxury flooring, fresh paint, upgraded electrical, HVAC, and vinyl windows, offering a move-in ready experience.
Prime Monrovia Location: Situated in a desirable, quiet, tree-lined neighborhood with mountain views, and excellent proximity to Old Town Monrovia's shops, restaurants, farmer's market, and the Duarte Bike Trail.
ADU Potential & Ample Parking: Features an oversized detached two-car garage with significant ADU conversion potential, complemented by extensive off-street parking.
Enhanced Outdoor Entertainment: The spacious, enclosed backyard boasts two large covered patios, providing ideal spaces for outdoor living and entertaining.
Open Concept Living & Gourmet Kitchen: An open-concept living area seamlessly integrates with a fully remodeled kitchen featuring custom cabinetry, sleek countertops, stainless steel appliances, and a large center island.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-27. The sold price is $1,100,000.00.
Original Construction Age: Despite extensive updates, the home's original construction year (1949) may present underlying structural or system considerations for some buyers compared to newer builds.
ADU Potential Requires Buyer Effort: While offering ADU potential, the buyer is responsible for verifying all building codes and guidelines, indicating additional time, cost, and effort for realization.
Bedroom Count Discrepancy: The listing notes a discrepancy in bedroom count between the property description and tax records, which may require clarification during due diligence.
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