876 W Avenue L, Calimesa, California 92320, Calimesa, 92320 - 5 bed, 4 bath

876 W Avenue L, Calimesa, California 92320 home-pic-0
ACTIVE$949,888
876 W Avenue L, Calimesa, California 92320
5Beds
4Baths
3,057Sqft
108,464Lot
Year Built
1946
Close
-
List price
$950K
Original List price
$1.2M
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
CV24230874
Home ConditionFair
Features
Good View: Neighborhood, Pond, Pool
Pool
Patio
ViewNeighborhood, Pond, Pool

About this home

We found 3 Cons,6 Pros. Rank: price - $949.9K(97th), sqft - 3057(95th), beds - 5(84th), baths - 4(88th).

Welcome to the "Ambrosia" Estate, a secluded, one-of-a-kind sanctuary offering unmatched privacy and tranquility. This extraordinary single-story Spanish estate features 4+ bedrooms, 3 baths, a separate office, and two private guest suites. The expansive kitchen boasts granite countertops, a breakfast nook, and flows seamlessly into the living/dining area with a cozy fireplace, hardwood and slate floors, and beautiful beam detailing. Patio doors open to a stunning outdoor space, covered canvas awning wrapped around the home, complete with an Olympic-size pool, koi pond, and breathtaking views. The luxurious master suite is a retreat, featuring marble floors, a steam shower, and a Wasuna tub. Perfect for entertaining, the home includes a large entertainment area with mahogany paneling, a bar, and ample space for gatherings. A charming bridge and fountain lead to the estate’s welcoming entry, adding to its distinctive appeal. There is an additional upper studio style living space, for guest, that features kitchen, full bathroom, balancy, and it's own HVAC system. Downstairs is another living space that can used as another bedroom with full bathroom and its own private entrance. The epoxy coating garage can easily fit 4 cars and room left for workspace. Home features solar panels for the low electricity bill. The basement is something to see, the spiral case down stairs enclosed room is perfect for a man cave or game room. This home is an elegant masterpiece. Come see for yourself. Don’t miss this rare opportunity to own a truly unique, serene property with unmatched elegance and style.

Condition Rating
Fair

The property, built in 1946, is a unique and well-maintained estate with many custom features. While it boasts luxurious elements like granite countertops, hardwood and slate floors, marble in the master bath with a steam shower and Wasuna tub, and solar panels, the overall aesthetic and style of these renovations appear to be 15-30 years old rather than recent. The kitchen cabinets, some appliances (especially in the guest suite), light fixtures, and bathroom vanities show signs of being outdated. The 'Grand Teton Chalet' entryway and the entertainment room's mahogany paneling also reflect an older style. The property is functional and move-in ready, but it requires minor updates to bring it to current modern standards, particularly in the secondary bathrooms and guest suite kitchen/bath. The extensive landscaping also shows areas needing significant attention.
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 = 108464, living area = 3057.
Exceptional Privacy & Expansive Lot: The property is described as a 'secluded, one-of-a-kind sanctuary offering unmatched privacy and tranquility' on a substantial 108,464 sqft lot, providing ample space and seclusion.
Luxurious Amenities & Unique Design: Features an Olympic-size pool, koi pond, charming bridge and fountain entry, and a luxurious master suite with marble floors, steam shower, and Wasuna tub, contributing to its 'elegant masterpiece' Spanish estate appeal.
Versatile Living Spaces & Income Potential: Includes two private guest suites, an additional upper studio with its own kitchen, full bathroom, balcony, and HVAC, plus a downstairs living space with a private entrance, offering significant flexibility for guests, multi-generational living, or potential rental income.
Entertainment-Ready Features: Boasts a large entertainment area with mahogany paneling and a bar, alongside a unique basement 'man cave or game room' accessible via a spiral staircase, ideal for hosting gatherings.
Energy Efficiency & Practical Garage: Equipped with solar panels for reduced electricity bills and an epoxy-coated 4-car garage with additional workspace, enhancing practicality and long-term savings.

Cons

Age of Core Structure: Built in 1946, the property's age could imply potential for unseen infrastructure issues or require updates to systems (e.g., plumbing, electrical) not explicitly detailed as modernized, despite aesthetic and luxury enhancements.
Significant Price Reduction: The property has seen a substantial price drop from its original list price of $1,200,000 to $949,888, which may suggest initial overvaluation or challenges in attracting buyers at a higher price point, potentially indicating a niche market or perceived value concerns.
High Maintenance Demands: The extensive luxury features such as an Olympic-size pool, koi pond, large lot, and multiple separate living units likely entail considerable ongoing maintenance costs and time commitment for a homeowner.

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