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505 Lotus Ln, Sierra Madre, CA 91024
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505 Lotus Ln Sierra Madre, CA 91024

$2,399,000
  • 4 Beds
  • 3.5 Baths
  • 4,075 Sq.Ft.
For Sale
$2,399,000 Get Pre-Qualified
Map preview of 505 Lotus Ln, Sierra Madre, CA 91024

Property Overview: 505 Lotus Ln Sierra Madre, CA has 4 bedrooms, 3.5 bathrooms, 4,075 living square feet and 18,309 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Locate on the hilltop private cul-de-sac road with breath taking views. The views are incredible . This house is a Semi Fixer Upper with Cash or Hard Money Loan only. Current owner have done all the major works to get the property started with the rehab process. With an approved plans, New interior paints, New plastered Pool & Spa. This gorgeous English Tutor offer 4 bedroom, 3.5 baths, and all bedrooms are on the second floor. Very good floor plans with Kitchen combo and Family room, Informal eating area, Formal Dining Room with view to the beautiful Swimming Pool with Spa and Waterfall. Formal Living Room next to oversize Laundry room. There are 2 Balconies one off the Family Room and one off the Master En-suite with View, View, View... Easy access to freeways, shopping and restaurants. Please see private remarks.

Listed by TAM TRAN | BRE #01041224 | RELIABLE GROUP REALTY
Last checked: 11 minutes ago | Last updated: June 13th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
18,309
HOA Dues
$0/mo
Year built
1991
Garage
3 Car
Property Type:
Single Family Home
Status
Active
MLS#
WS24117459
City
Sierra Madre
County
Los Angeles
Time on Site
16 days

Open Houses for 505 Lotus Ln

No upcoming open houses

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Property Details for 505 Lotus Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 1
  • All Bedrooms Up, Formal Entry
Kitchen Information
  • No Appliances
  • None
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Balcony, Open Floorplan
  • Levels: Two
  • Security Features: Security System
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, Heated, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Attached Garage
Lot Information
  • Lot Features: Cul-De-Sac, Irregular Lot, Up Slope from Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Hills, Valley
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5764036014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: See Remarks
Location / Neighborhood
Location Information
  • Directions: W of Santa Anita Ave, N of E Grandview Ave. Top of the hill on PRIVATE cul-de-sac driveway
  • Road Frontage Type: Private Road
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Sierra Madre Agent

Sale History for 505 Lotus Ln

Last sold for $1,582,500 on March 28th, 2024

  • June, 2024

  • Jun 9, 2024

    Date

    Active

    CRMLS: WS24117459

    $2,399,000

    Price

  • March, 2024

  • Mar 28, 2024

    Date

    Sold

    CRMLS: SR23177709

    $1,582,500

    Price

  • Sep 22, 2023

    Date

    Active

    CRMLS: SR23177709

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Located on a hilltop private cul-de-sac road with picturesque views! This gorgeous English Tudor offers 4 bedroom, 3.5 baths, open concept family room and kitchen combo, informal eating area, formal dining room with view to the pool. Oversized laundry room and formal living room. All bedrooms are on the second floor. Balcony off the dining area. Easy access to freeways, shopping and restaurants.

  • August, 2023

  • Aug 25, 2023

    Date

    Canceled

    CRMLS: SR23099638

    $1,999,000

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: SR23099638

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    Located on a hilltop private cul-de-sac road with picturesque views! This gorgeous English Tudor offers 4 bedroom, 3.5 baths, open concept family room and kitchen combo, informal eating area, formal dining room with view to the pool. Oversized laundry room and formal living room. All bedrooms are on the second floor. Balcony off the dining area. Easy access to freeways, shopping and restaurants.

  • May, 2023

  • May 30, 2023

    Date

    Canceled

    CRMLS: DW23064761

    $2,600,000

    Price

  • Apr 18, 2023

    Date

    Active

    CRMLS: DW23064761

    $2,600,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent project for an investor with a vision. Demolition is all done. You can not beat the view on this one. Pool, Jacuzzi, wine cellar 3 car garage. Semi Private street.

  • March, 2023

  • Mar 30, 2023

    Date

    Canceled

    CRMLS: RS22240013

    $2,350,000

    Price

  • Nov 11, 2022

    Date

    Active

    CRMLS: RS22240013

    $2,350,000

    Price

  • Listing provided courtesy of CRMLS

    Investors dream rehab project. All demo is done. It is ready to be cosmetically fixed and make it the way you want it. Location is up on top of the hill facing the beautiful city views that are unmatched in the city of Sierra Madre. There are only 3 houses on top of the hill so it is very unique for this area. This 3 story home is amazing, equipped with 4 Bedrooms and 4 Bathrooms. A pool and Jacuzzi in the back yard great for entertaining. The huge 3 car garage has an amazing built in wine celler. Come see for yourself, this property will not disappoint.

  • May, 2019

  • May 13, 2019

    Date

    Expired

    CRMLS: P0-818002811

    $2,300,000

    Price

  • Apr 8, 2019

    Date

    Withdrawn

    CRMLS: P0-818002811

    $2,300,000

    Price

  • Jan 21, 2019

    Date

    Price Change

    CRMLS: P0-818002811

    $2,300,000

    Price

  • Nov 12, 2018

    Date

    Price Change

    CRMLS: P0-818002811

    $1,630,000

    Price

  • Sep 13, 2018

    Date

    Price Change

    CRMLS: P0-818002811

    $1,650,000

    Price

  • Jun 11, 2018

    Date

    Active

    CRMLS: P0-818002811

    $1,788,000

    Price

  • Listing provided courtesy of CRMLS

    Striking panoramic views paired with a secluded location create a desirable setting for this estate property. Situated on a semi-private driveway with only two other properties make for a wonderful private setting. Relax on the balcony while enjoying quiet mornings or intimate dinners with family & friends while watching spectacular sunsets. It's been told that clear days offer ocean and Catalina views! There a lovely double staircase, the family room, breakfast room and kitchen are set in an open floor plan. There is a resort like backyard with pool, built in BBQ & mountain views. The oversized 3-car garage offers direct access into the home. This property needs repairs & is the perfect opportunity to create the personalized home of your dreams. Don't miss this spectacular opportunity!

  • March, 2019

  • Mar 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,300,000

    Price

  • April, 2018

  • Apr 19, 2018

    Date

    Sold

    CRMLS: 18313438

    $1,489,000

    Price

  • Apr 10, 2018

    Date

    Pending

    CRMLS: 18313438

    $1,550,000

    Price

  • Mar 15, 2018

    Date

    Active

    CRMLS: 18313438

    $1,550,000

    Price

  • Mar 6, 2018

    Date

    Active Under Contract

    CRMLS: 18313438

    $1,550,000

    Price

  • Feb 16, 2018

    Date

    Active

    CRMLS: 18313438

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Buyer Has Not Performed, BACK ON MARKET. Impressive panoramic views await from this newer construction English Tudor mini estate! Views of the Pacific Ocean and Catalina Island are commonplace on a clear day! The property is located on a semi private drive where only two other properties are situated. Enjoy tranquil mornings & incredible sunsets from your front yard patio area & watch dear roam in your front yard on any given day! The property features over 4,000 square feet of living space, an over sized three car attached garage with direct access into the home and a resort like backyard with a pool, spa & bbq area. The property needs work including plumbing updates, cosmetic updates and other repairs. This home represents a great opportunity to build some sweat equity in an excellent location. To help visualize this home's floor-plan and to highlight its potential, virtual furnishings have been added to photos found in this listing.

  • April, 2018

  • Apr 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,489,000

    Price

  • July, 2011

  • Jul 31, 2011

    Date

    Expired

    CRMLS: 12147968

    $1,800,000

    Price

  • Jan 30, 2011

    Date

    Active

    CRMLS: 12147968

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

    Magnificent City Lights and Mountain views from this elegant home. Open/Bright floor plan with dramatic entry. Romantic Master Suite with balcony, resort like backyard with tiered pool/spa, built-in barbecue-Gorgeous views from every room!

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Tax History for 505 Lotus Ln

Assessed Value (2020): $2,346,000
Year Land Value Improved Value Assessed Value
2020 $1,407,600 $938,400 $2,346,000

Home Value Compared to the Market

This property vs the competition

505 Lotus Ln is listed 50.13% higher than the median list price for the city of Sierra Madre which has a median list price of $1,598,000. The median price per/sqft for Sierra Madre is $723 and this home is listed at $588.71 per/sqft which puts the price per square foot 18.57% lower than the median price per square foot for the city of Sierra Madre.

About 505 Lotus Ln

Detailed summary of property

505 Lotus Ln is a single family home located in Sierra Madre, CA 91024 and is currently for sale. This house offers 4 bedrooms, 3.5 bathrooms, roughly 4,075 living square feet, and sits on an approximately 18,309 square foot lot. 505 Lotus Ln was first listed on ArdentRealEstateGroup.com on June 9, 2024. The homeowner is currently asking $2,399,000. The median priced home in Sierra Madre is $1,598,000 with a median price per square foot of $723. Based on Ardent Real Estate Group's Sierra Madre Market Data, this home is listed 50.13% higher than the median priced home. Local competing homes currently for sale include 367 W Del Mar Blvd #107, 993 Glen Oaks Blvd and 1094 Linda Vista Ave. While the average home in Sierra Madre, CA is selling in 64 days, 505 Lotus Ln has a days on market of 17 days. There are currently 26 homes for sale in the Sierra Madre real estate market and 25 of them are single family homes while 1 of them are condos and 0 are townhomes. For more information on this home for sale at 505 Lotus Ln Sierra Madre, CA 91024 contact Ardent Real Estate Group and we will put you in touch with one of our Sierra Madre agents.

Public Facts for 505 Lotus Ln

Public county record property details
Beds
4
Baths
4
Year built
1991
Sq. Ft.
4,075
Lot Size
18,308
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
1
APN
5764-036-014

The source for these homes facts are from public records.

91024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,598,000
Median List Price/Sq.Ft.
$723
Median Sold Price
$1,185,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
26
Median Sale to List Price %
98.83%
Avg Days on Market
20
Loan Type
Conventional (44.44%), FHA (0%), VA (0%), Cash (33.33%), Other (22.22%)

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Sierra Madre Agent
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(714) 706-1823
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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