tomo logo

$3,699,000

Beds
5
Baths
5.0
sq ft
3,848

1241 Encino Dr, San Marino, CA 91108

1241 Encino Dr

Pasadena, CA 91108

  • 220 days on market
    • Price drop $50,000↓
Preserving the authentic mid-century design dating back to 1962, this home has undergone meticulous restoration, seamlessly marrying the charm of yesteryear with the contemporary luxuries of today. The gated motor court elegantly frames the residence, embraced by a sustainable garden boasting succulents and agave plants, all embraced by the mature trees surrounding the property. Stepping through the custom oversized solid-wood front door, the foyer welcomes you with marble flooring and a grand staircase, setting a sophisticated tone for the entire residence. Ascending the stairs, the main open living area unfolds, featuring a formal living room with a fireplace and expansive windows on either side. Across the way, the formal dining room is adorned with a custom contemporary chandelier and floor-to-ceiling windows. Around the corner is the impeccable chefs kitchen, showcasing Viking appliances and waterfall marble countertops. With a designated breakfast bar, separate breakfast nook, and an additional living space for leisure, this kitchen/living space is the perfect place for effortless entertainment. The primary suite is a sanctuary of spacious relaxation, flooded with natural light from windows on both sides and offering treetop views from all windows. Built-in shelving and a bench create a perfect retreat for unwinding and afternoon reading. The spa-like primary bathroom boasts a floating vanity, separate tub and shower, and skylight, leading seamlessly to the expansive walk-in closet. Three additional bedrooms on this level, each with its own en-suite bathroom featuring the same quality and finishes found throughout the home. Descending downstairs, a fifth bedroom, currently utilized as an office with an attached bathroom, opens up to a flexible space that seamlessly connects to the downstairs family room/game rooma perfect space for hosting family and friends. Outside, just a few steps away leads to the resort-style backyard, surrounded by the curated landscaping and featuring a pool, cabana area, and multiple spaces for additional seating. The property, nestled on nearly half an acre, is surrounded by walls and gates, creating a serene haven, yet only minutes away from South Lake's shopping and dining, The Langham Hotel, Polytechnic School, Caltech, and The Huntington Library and Gardens.

Details

Property type

Single Family Residence

Est. home value

$3,838,237

Lot size

0.4851 acres

Price per sq ft

$962

Year built

1962

HOA

No

Price History

03/12/2024
CLAW

CLAW #23329322

Price change
$3,699,000
-1.33%
01/11/2024
CLAW

CLAW #23329322

Listed
$3,749,000

Schools & Community

Neighborhood: 

South

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Center Street Lending Iii Spe Llc

Loan start date

April 2021

Original loan amount

$1,982,125

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial

Seller

1241 Encino Project Llc

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: 07/05/2024 at 6:35 PM

Listing updated: 06/09/2024 at 10:53 AM

Listed by: Alphonso Lascano, Carolwood Estates Phone #: (310) 623-3600

MLS: CLAW #23329322

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