tomo logo

$4,960,000

Beds
6
Baths
5.5
sq ft
6,571

1531 Rodeo Rd, Arcadia, CA 91006

1531 Rodeo Rd

Arcadia, CA 91006

  • 82 days on market
    • Price drop $200,000↓
Discover this stunning tennis estate nestled in a prime North Arcadia neighborhood, boasting nearly 30,000 square feet of flat land and over 6,500 square feet of stylish living space. Designed with family needs in mind, this exceptional home features vaulted ceilings and tennis court lights that are hard to find in today's market. As you arrive via the expansive circular driveway, you'll be greeted by a grand two-story entryway. The home flows seamlessly from a cozy library into a spacious living room with a fireplace, leading to an impressive great room with a beamed ceiling, grand fireplace, and sunken wet bar—perfect for entertaining or family gatherings, filled with natural light. The first floor is entirely step-free, offering easy access to the park-like backyard. The gourmet kitchen, complete with custom cabinetry, high-end appliances, dual dishwashers and ovens, and an ice maker, overlooks the outdoor space, creating an inviting open floor plan with a connected dining area. A large laundry room with ample storage and a convenient bath/powder room are located just off the kitchen. This residence includes six bedrooms, featuring two master suites—one on each level. The luxurious main-level master retreat boasts a sitting area with a third fireplace, two bathrooms, three closets, and French doors leading to the backyard. Additionally, two spacious bedrooms are located on the first floor, one of which is currently an office. The upper-level master suite features a generous walk-in closet, with two additional bedrooms sharing a large bathroom. Step outside to enjoy a spectacular outdoor living area that includes a vast green space, fenced swimming pool and spa, regulation-sized lighted tennis court, and mature fruit trees. With a large patio accessible from the kitchen, great room, and master suite, this home offers the ultimate indoor/outdoor living experience. Enjoy the privacy of this estate while being conveniently located near top public and private schools, Westfield Shopping Mall, Santa Anita Race Track, L.A. Arboretum, golf courses, shops, restaurants, parks, and easy access to the 210 Freeway.

Details

Property type

Single Family Residence

Est. home value

$4,788,408

Lot size

0.6841 acres

Price per sq ft

$755

Year built

1951

HOA

No

Price History

12/04/2024
CRMLS

CRMLS #WS24204134

Price change
$4,960,000
-3.88%
10/02/2024
CRMLS

CRMLS #WS24204134

Listed
$5,160,000
+29.97%
09/17/2021
CRMLS

CRMLS #AR21103661

Sold
$3,970,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights

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

Cathay Bank

Loan start date

August 2021

Original loan amount

$2,500,000

Est. remaining balance

Not provided

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Rui Zhu

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 5:25 PM

Listing updated: 12/16/2024 at 3:50 AM

Listed by: HE GEORGE GAO, RE/MAX ELITE REALTY Phone #: (626) 248-9200

MLS: CRMLS #WS24204134

CRMLS logo

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