tomo logo

$12,888,000

Beds
5
Baths
5.75
sq ft
8,814

2477 Ridgeway Rd, San Marino, CA 91108

2477 Ridgeway Rd

San Marino, CA 91108

  • 236 days on market
Originally built in 1927, this one-of-a-kind San Marino estate elegantly sits on over an acre of hilltop land with scenic views. The expansive terraced grounds are surrounded by gorgeous, matured trees, gardens and landscaping. A graceful stone walkway leads you through a park-like setting as you approach a grand waterfall and the main residence. This home exhibits defining features of classic prairie-style and evokes influential design characteristics from The Far East, an artistic inspiration of its flowing interior to exterior spaces and extensive use of woodwork and impeccable details. The grandeur entry foyer is accented by a sweeping staircase and the beautiful grand size living room has original hand-carved crown moldings. Rich intricate wood carved paneling, built-in bookcases and custom shutters are used in the executive library. A capacious formal dining room with a view. The family room and a sunny breakfast room open overlooking the terraced gardens and pool. The deluxe gourmet kitchen with built-in custom cabinetry, large granite center island, Viking appliances, Viking Wine Cooler, Blanco Farmhouse Sink and Subzero refrigerator. There is a separate prep kitchen and a walk-in Butler's pantry. The home features 5 bedrooms and 7 bathrooms. The primary suite has beautiful picture windows, a custom-built walk-in dressing room and a lavish bath. 4 additional bedrooms and 3 baths are all upstairs. There is a finished basement with a wet bar and bath and can be used as an entertainment area or a home gym. The Pella windows and patio doors in the main house all have custom-made rolling shutters installed for added security and privacy. An indoor accessible elevator is soon to be completed as well. The continuous improvements and meticulous attention to detail in the home truly exude a pride of ownership. The expansive backyard is a paradise-like oasis: exotic flowering trees, a running waterfall, Beadcrete pool & spa, a glass fire pit and sitting area, built-in Lynx patio heaters with an outdoor bar. There are guest living quarters, a pool house/office and an indoor-BBQ kitchen, perfect for catering events and entertaining parties. A 2-car garage and beamed carport in a large enclosed motor court driveway with gated entrance. Sitting on more than 45,500 SF of land, the setting is truly magical and must be seen in-person to fully appreciate its uniqueness and originality; the perfect blend of modern elegance and timeless charm.

Details

Property type

Single Family Residence

Est. home value

$5,061,513

Property condition

Updated/Remodeled

Lot size

1.048 acres

Price per sq ft

$1,463

Year built

1927

Price History

11/16/2023
CRMLS

CRMLS #WS23211089

Listed
$12,888,000

Schools & Community

Neighborhood: 

Upper East Side

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

East West Bank

Loan start date

June 2021

Original loan amount

$3,600,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Credit Line (Revolving), 30 year

Seller

Patty Chan and The Patty Chan Living Trust

Lender

East West Bank

Loan start date

August 2018

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

3.87%

Loan type

Credit Line (Revolving), 30 year

Seller

Patty Chan and Patty Chan Living Trust

Lender

Republic Consumer Lending Group Inc

Loan start date

May 1996

Original loan amount

$450,000

Est. remaining balance

$0

Interest rate

7.19%

Loan type

Not Provided, 15 year

Seller

Patty 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?

Status: Active

Tomo last checked: 07/09/2024 at 3:35 PM

Listing updated: 02/20/2024 at 4:32 PM

Listed by: JING-CHUN NI, COLDWELL BANKER REALTY Phone #: (626) 449-5282

MLS: CRMLS #WS23211089

CRMLS logo

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