tomo logo

$3,399,999

Beds
4
Baths
5.0
sq ft
3,715

1007 Portola Dr, Arcadia, CA 91007

1007 Portola Dr

Arcadia, CA 91007

  • 90 days on market
    • Price drop $100,001↓
Experience luxury living at its finest with this newer, south-facing masterpiece nestled in the prestigious Santa Anita Village, also known as the coveted "Peacock Area" of Arcadia. Thoughtfully designed by renowned architect Robert Tong and impeccably crafted by the esteemed Sunshine Construction, this custom single-story estate offers unparalleled elegance and sophistication. Spanning nearly 3,800 square feet of refined living space on a generous 10,400 square foot lot, this stunning residence features 4 spacious bedrooms and 4.5 elegantly appointed baths. Upon entering, be captivated by the grand foyer adorned with sophisticated lighting fixtures, which leads to a formal living room with a stately fireplace and a formal dining room graced by a magnificent chandelier and intricately designed ceiling moldings. To the left, behind elegant double glass doors, lies the serene library, complete with custom floor-to-ceiling bookshelves and cabinetry. The exquisite gallery hallway guides you to the breathtaking great room, showcasing soaring 14-foot ceilings and seamlessly flowing into the gourmet kitchen and breakfast nook, creating the perfect blend of grandeur and contemporary open-plan living. The chef's kitchen is a culinary dream, featuring a substantial center island, premium WOLF and Sub-Zero appliances, a separate wok kitchen, a walk-in pantry, and an exquisite wet bar. Each bedroom is a private sanctuary, equipped with its own luxurious ensuite bath. The opulent primary suite is a true retreat, offering a spacious walk-in closet and an indulgent ensuite bath with dual sinks, a makeup vanity, a separate shower, and a deep soaking tub for ultimate relaxation. Additional features include direct access to an attached two-car garage, solar system for energy savings, dual tankless water heaters, and a state-of-the-art central alarm system. The tranquil backyard is a private oasis, boasting mature fruit trees and an elegant outdoor fireplace, perfect for intimate gatherings or serene relaxation. Meticulous attention to detail is evident throughout this exquisite home, showcasing a level of craftsmanship and luxury that is second to none. Ideally located near parks, shopping, supermarkets, and award-winning Arcadia schools, this exceptional property presents a rare opportunity to own a piece of unparalleled luxury in one of Arcadia's most sought-after neighborhoods. Don’t miss your chance to make this magnificent home your very own.

Details

Property type

Single Family Residence

Est. home value

$2,951,300

Lot size

0.2396 acres

Price per sq ft

$916

Year built

2021

HOA

No

Price History

11/02/2024
CRMLS

CRMLS #WS24198119

Price change
$3,399,999
-2.86%
10/30/2024
CRMLS

CRMLS #WS24198119

Pending
$3,500,000
09/23/2024
CRMLS

CRMLS #WS24198119

Listed
$3,500,000
+29.63%

Schools & Community

Elementary school: 

Hugo Reid

Middle school: 

Foothills

High school: 

Arcadia

Community features: 

Curbs, Street Lights, Suburban

High school district: 

Arcadia Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Resmac Inc

Loan start date

June 2023

Original loan amount

$218,516

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Stand Alone Second, 30 year

Seller

Jimmy Cam Chan

Lender

Resmac Inc

Loan start date

April 2023

Original loan amount

$2,264,000

Est. remaining balance

$2,243,943

Interest rate

6.65%

Loan type

New Conventional, 40 year

Seller

Jimmy Cam Chan

Lender

Resmac Inc

Loan start date

December 2022

Original loan amount

$2,400,000

Est. remaining balance

$2,349,003

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Jimmy Cam Chan

Lender

Resmac Inc

Loan start date

June 2022

Original loan amount

$2,363,000

Est. remaining balance

$2,318,825

Interest rate

5.3%

Loan type

New Conventional, 40 year

Seller

Jimmy Cam Chan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 12:25 PM

Listing updated: 12/19/2024 at 12:57 PM

Listed by: HELEN NGO, eXp Realty of California Inc Phone #: (888) 832-7179

MLS: CRMLS #WS24198119

CRMLS logo

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