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$4,890,000

Beds
4
Baths
3.25
sq ft
4,947

1705 Oak Grove Ave, San Marino, CA 91108

1705 Oak Grove Ave

San Marino, CA 91108

  • 296 days on market
    • Price drop $290,000↓
Introducing 1705 Oak Grove Avenue, a masterpiece of design nestled in the esteemed Lacy Estates area of San Marino. Crafted by the renown architect Roland E. Coate, Sr., this Spanish- style estate is a sanctuary of elegance, set on a lush 0.58-acre lot amidst mature oak trees ensuring utmost privacy and picturesque scenery. The grand circular driveway sets the stage for its classic allure and sophisticated charm. Inside, the foyer opens to a living room highlighted by light oak floors and ceiling beams, a welcoming fireplace, and expansive windows and balcony overlooking the idyllic backyard. The dining room, adorned with rustic Spanish tiles and beams, and lit by antique sconces, offers a perfect setting for elegant gatherings. The kitchen is a culinary dream, featuring beautiful custom cabinetry, Spanish tile flooring, a La Cornue France oven and range, and Sub-Zero built-in refrigerator, all designed to delight the discerning chef. Outdoor terraces from each room promote an enviable California lifestyle, filled with sunshine and fresh air. The upper level is a private retreat, with a master bedroom boasting a 16-ft wide walk-in closet and a luxurious bathroom with a Kallista tub and granite shower bench, alongside three additional bedrooms, including a Jr master suite. The basement offers practical luxury with a spacious laundry room, wine cellar, gym bonus room, and ample storage space. Also in the basement is a whole-house water purification and softener system for clean chemical-free water. The backyard is a private oasis, featuring a pool set against a backdrop of lush foliage, with decks and lounges for serene relaxation and entertainment. The terraced yard, complete with gardens, a grass area and sports court, invites endless outdoor activities. This property is not just a home but a piece of architectural history in one of California's most desirable neighborhoods and school districts. 1705 Oak Grove Avenue represents the pinnacle of luxury and elegance, awaiting those who appreciate a refined lifestyle in a park-like oasis.

Details

Property type

Single Family Residence

Est. home value

$5,625,723

Lot size

0.5797 acres

Price per sq ft

$989

Year built

1926

HOA

No

Price History

04/27/2024
CRMLS

CRMLS #AR24043397

Price change
$4,890,000
-5.6%
03/02/2024
CRMLS

CRMLS #AR24043397

Listed
$5,180,000
+4.02%
06/14/2017
CRMLS

CRMLS #P0-316011175

Sold
$4,980,000

Schools & Community

Neighborhood: 

Lacy Estates

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

San Marino 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

Abc First Inc

Loan start date

April 2022

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.91%

Loan type

Credit Line (Revolving)

Seller

Dongliang Zhang and Qinyi Li

Lender

Aaa Capital Investment Inc

Loan start date

March 2022

Original loan amount

$3,575,000

Est. remaining balance

$3,378,828

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Dongliang Zhang and Qinyi Li

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 9:20 PM

Listing updated: 12/05/2024 at 12:25 PM

Listed by: Anna Wang, Keller Williams Realty Phone #: (626) 204-3300

MLS: CRMLS #AR24043397

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