San Marino: Demand Continues to Outstrip Supply

Posted on September 2, 2012 by irina
Filed Under: Real Estate Market Reports, San Marino

San Marino real estate market with its affluent home buyers is suffering from the same lack of home inventory as Pasadena. There was 50% less homes available for sale this July compared to last year. And, the price per square foot increased 10.4% while an average price that home buyers need to pay went from $1,630,000 to $2,003,000.

Read More: San Marino City Guide

Affluent buyers, both local and overseas, are bidding for the opportunity to live in one of the most desirable areas in San Gabriel valley. With the #1 rated public schools in Southern California, close proximity to museums and parks, and next to shopping, fine restaurants, Caltech and more, San Marino home sellers are able to demand top prices for their homes.

So… what do you get for the $2,000,000 price tag? Let’s take a look at a few recent solds in that range:

1541 Euston Road

Just half a block from Lacy Park and a few blocks from Huntington Library, this home offers the convenience of enjoying 4th of July celebrations, San Marino parade, strolls through the Huntington Botanical Gardens and being just minutes from South Lake District of Pasadena.

1541 East Euston San Marino

It’s 3 bedrooms, 3 bathrooms with 2,771 sq. ft. on a large lot with over 15,000 sq. ft.

Originally listed for $2,200,000. It sold in 74 days to an all cash buyer.

1181 Old Mill Road

On the other side of Lacy Park next to the Old Mill, this was a very dramatic and unique estate with 5 bedrooms and 4 bathrooms situated on a 14,755 sq. ft. lot with over 3,400 interior living sq. ft.

1181 Old Mill Road San Marino

Originally listed for $1,990,000. It sold over asking price at $2,030,000 in only 15 days. This time with conventional financing.

1922 East California

A beautiful Mediterranean estate representative of California living. This home is located next to Pasadena’s prestigious Caltech Institute world known for it’s physics and engineering brainiacs. Locals love Caltech for its earthquake study and updates. Offering 3 bedrooms and 4 baths, 1.5 stories and almost 4,000 sq.ft., this estate is also on an almost 15,000 sq. ft. lot.

1922 East California San Marino

Originally listed for $1,850,000. Sold 10% over asking at $2,050,000 in 28 days.

READ MORE: See all San Marino homes for sale

San Marino California Price Trends:

San Marino real estate market update July 2012

SEE ALL HOMES FOR SALE HERE!

Interested in more information about Pasadena and surrounding cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.

Thinking of selling your San Marino or Pasadena home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.

See all San Marino Homes that Recently SOLD:

Other Local Properties

$6,500 :: 1407 Cambridge Road, San Marino CA, 91108

3 beds, 2 baths
Home size: 2,412 sq ft
Lot Size: 13,591 sq ft
Added: 08/29/23, Last Updated: 09/20/23
Property Type: Rental Properties
MLS Number: P1-14896
Community: San Marino
Tract: Not Applicable
Status: Sold

Welcome to this beautiful, single-level 1946 French Normandy home in the Library District of San Marino. Situated on a 13,589 SF lot, this 2,412 SF home with 3 bedrooms and 2 bathrooms is move-in ready. Just beyond the entryway you will find a spacious living room with a gas fireplace, built-in bench with a view of the front yard and cafe style shutters. The living room flows into the formal dining room that has drapes and wainscoting and then into the kitchen, finished with granite countertops, hardwood floors, recessed lighting, and many cabinets for storage. The kitchen features a Thermador five burner gas cooktop, built-in oven and microwave, Sub-Zero refrigerator, Whirlpool trash compactor and Miele dishwasher as well as the stackable washer and dryer located in a closet adjacent to the kitchen. The kitchen also has a door to the driveway and a beautiful bay window in front of the sink which offers an abundance of natural light. Next to the kitchen is a substantially sized family room with beautifully laid parquet wood floors, multiple skylights, built-in cabinets and bookcase, a wet bar with a built-in refrigerator and French doors to the yard and back patio. Right off of the family room and kitchen is a bedroom with a full en-suite bathroom, both with cafe style shutters. On the other side of the house are two additional bedrooms and a 3/4 hallway bathroom with a stall shower. Each of these spaces has cafe style shutters and the two bedrooms have wood walls. One of the bedrooms has a built-in closet with a wet bar as well as a built-in desk space on the opposite wall. The backyard includes a covered brick patio attached to the house as well as a grass lawn and a fenced off pool and spa. This property also has a variety of special trees such as Cherry blossoms, Agapanthus, Apricot, Orange, Lemon, Ginkgo, and Japanese Maple. Other features of this east facing house include hardwood floors throughout most of the rooms, crown molding in the dining room, living room and family room, central air conditioning and heating, two AC condensers, a circular driveway, and automatic driveway gate.

Listed with Sarah Rogers | (626) 390-0511, The Agency

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$2,100,000 :: 2981 Gainsborough Drive, San Marino CA, 91108

5 beds, 4 baths
Home size: 3,119 sq ft
Lot Size: 14,889 sq ft
Added: 08/07/23, Last Updated: 09/19/23
Property Type: Single Family
MLS Number: RS23143970
Community: San Marino
Status: Sold

Sensationally Spacious One-Level Home with Private Pool and 500 Sq. Ft. Guest House! Ideally located in a highly coveted area of San Marino, this well-loved 2,619sqft main home offers incredibly fast access to a world of nearby conveniences, such as Klatch Coffee (0.2-miles), Chase Bank (0.2-miles), USPS (0.2-miles), Trader Joe’s (0.3-miles), CVS Pharmacy (0.3-miles), K.L. Carver Elementary School (0.4-miles), San Marino High School (0.5-miles), Starbucks (1-mile), and Huntington Middle School (1.6-miles). Delightfully charming with a hint of whimsy, the residence welcomes with lush mature trees, a tidy corner lot, and a curving sidewalk. Step inside to discover an openly flowing layout, elegant wood flooring, tons of shimmering natural light, and a spacious living room boasting a beautiful fireplace. Bursting with potential, the kitchen features ample wood cabinetry, tile backsplash, wall oven, dishwasher, stainless-steel French door refrigerator, tile countertops, gas range, and an adjoining dining area. Entertain with great ease in the fully enclosed outdoor space, which includes a sparkling swimming pool, a soothing spa, and plenty of room for lounging, playing, and gardening. For those seeking multigenerational versatility, the 500sqft guest/pool house affords the rare opportunity for personalization and customization. After an exciting day of hosting guests, retire to the sizeable primary bedroom featuring a mirrored walk-in closet, built-in desk, custom cabinets, and an attached en suite. Each guest bedroom impressively accommodates with a dedicated closet and may also be perfect for home offices or lifestyle-specific flex spaces. Other features: 2-car garage, laundry area, Casablanca fans throughout, quick 13-mile drive to Downtown Los Angeles, close to I-210, SR-164, and The Huntington Library, Art Museum, and Botanical Gardens, and more! Bring some TLC and imagination to restore this home to its original midcentury glory.

Listed with Stephen Eng | 626-353-2384, RE/MAX of Cerritos

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$3,150,000 :: 1640 Waverly Road, San Marino CA, 91108

4 beds, 3 baths
Home size: 2,984 sq ft
Lot Size: 11,640 sq ft
Added: 08/28/23, Last Updated: 09/19/23
Property Type: Single Family
MLS Number: P1-14882
Community: San Marino
Status: Sold

This delightful single-story home is now on the market for the first time in 36 years! Tucked away on a quiet cul-de-sac, this charming residence provides a sense of seclusion while still being conveniently close to the San Marino Public Library, Valentine Elementary School, Huntington Middle School, and San Marino High School. Featuring 4 bedrooms and 3 bathrooms, this residence offers unparalleled privacy and serenity. As you step inside you are welcome by a foyer that overlooks an atrium, filling the space with natural sunlight from all three sides. The open layout seamlessly connects the formal living room and dining room to the outdoor patio, creating an ideal setting for both indoor and outdoor entertaining. The hallway leading to the bedrooms provides ample built-in storage space, and the first bedroom is conveniently next to a hallway shower bathroom with double sinks. The second largest bedroom offers wall-to-wall closets with a direct access to the shared bathroom, while the master suite boasts an abundance of sunlight and double doors leading to the lush backyard. The en-suite bathroom features a shower, soaking tub, double sinks, and a spacious walk-in closet. The fourth bedroom features an atrium window that fills the room with sunlight. The expansive kitchen includes a 3×7 foot island and an eating nook that can comfortably accommodate up to 6 people. Adjacent to the garage is a dedicated laundry room with a washing sink and storage. The family room is connected to the kitchen and full-size bar and half-bath that is convenient to all guests. The large office space next to the family room could serve as a potential office space or playroom offering a lovely view of the low-maintenance backyard. The double door garage with finished epoxy floors is perfect for easily transporting party food from the garage to the backyard. This property has been recently renovated with new flooring throughout, fresh exterior and interior paint, a finished epoxy garage floor, and recessed lighting. This home truly offers an ideal location with the perfect floor plan!

Listed with Monica Hsu | (626) 926-1385, DPP

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$6,250 :: 1474 Vandyke Road, San Marino CA, 91108

4 beds, 3 baths
Home size: 2,178 sq ft
Lot Size: 10,224 sq ft
Added: 09/04/23, Last Updated: 09/17/23
Property Type: Rental Properties
MLS Number: P1-14943
Community: San Marino
Tract: Not Applicable
Status: Sold

Beautifully remodeled, one story modern home, originally built by famous architect, E.A. Daniel, is close to Top San Marino schools and shops. A manicured front yard leads into inviting covered porch opening into formal entry with beveled glass windows framing the front door and a coat closet. The spacious living room has impressive fireplace& mantel with new recessed lighting. Beyond the living room is a family room with 2nd fireplace adjoining the dining area overlooking the private rear yard. The updated kitchen features granite counters, Thermador professional range, stainless appliances & a bistro eating area. Behind the kitchen are the laundry room & another bedroom wing with newly remodeled bath with custom tiles & separate side door entrance. The master bedroom has custom wood shutters &features 2 closets &direct access to a remodeled, full bath with free standing tub &shower with custom tiles & dual sinks. Second hall bedroom is spacious with ample closets and windows to rear yard. There is a new guest bedroom suite off of the living room with wainscot & a full bath with shower over tub. The private rear yard is fully enclosed with brick patio, custom covered arbor dining area, mature flowering plants & grassy area. Bonus rm of addtl 198 sq ft.

Listed with Nina Kirkendall | (626) 676-6260, Keller Williams Realty

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$4,500,000 :: 915 Orlando Place, San Marino CA, 91108

4 beds, 5 baths
Home size: 3,448 sq ft
Lot Size: 24,046 sq ft
Added: 08/07/23, Last Updated: 09/15/23
Property Type: Single Family
MLS Number: P1-14644
Community: San Marino
Status: Sold

This 1959 single-level Mid-Century style home, sited on over 1/2 acre of lush grounds, is superbly located at the end of a quiet cul-de-sac in the estate area of San Marino. This well-maintained home has been owned by the same owner since approximately 1973. Offering timeless character, spacious rooms and excellent privacy, this property is a rare find. Enter through the gracious formal entry, which features peg and groove hardwood floors, and leads to the living room and dining room. The sprawling living space, measuring 3,448 SF, enjoys natural light and a relaxing view of the verdant grounds through large glass windows and sliding doors. The property is well-designed for entertainment with access to the yard from the living room, family room, dining room and bedroom wing. The family room and living rooms feature fireplaces and built-ins. The timeless mid-century kitchen is open to the family room and features a breakfast bar and plenty of storage. The family room is the perfect spot to enjoy the game, make a drink at the wet bar, or play cards. Offering 4 en-suite bedrooms and 4.5 baths, the spacious primary suite is at the rear of the home. Bedroom #4 has its own separate entrance, providing additional privacy for a guest or home office. One of the unique features of this property is a separate structure, which measures 861 SF, and is tucked away on one side of the property behind mature trees. This secondary structure consists of a beautiful squash court and an attached recreation room with a decorative fireplace and hardwood floor; this structure has the potential to be used as a sound studio, sport court, or an amazing home gym. Additionally, there is an amazing amount of storage throughout, including nearly 800 SF of unfinished basement and storage space. The private grounds make you feel like you have been transported to Big Sur where you will enjoy mature landscaping and trees, including redwood, ginkgo, pine trees and oak trees. The beautifully-designed heated pool and elevated spa feature a cascading waterfall and are surrounded by spacious patios and mature plants. Amenities include central heating/air, 2 Nest thermostats, 10-year old concrete tile roof, separate laundry room with built-ins and laundry sink, 2-car garage and spacious driveway. Located in the San Marino School District, near Lacy Park, the Huntington Library and Botanical Gardens, CalTech, Polytechnic School, and shopping and restaurants on South Lake Avenue in Pasadena.

Listed with Sarah Rogers | (626) 390-0511, The Agency

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$4,450 :: 885 Sussex Road, San Marino CA, 91108

3 beds, 2 baths
Home size: 1,394 sq ft
Lot Size: 8,081 sq ft
Added: 08/21/23, Last Updated: 09/14/23
Property Type: Rental Properties
MLS Number: 23303241
Community: San Marino
Status: Sold

Nestled in the heart of San Marino, this delightful property offers an ideal blend of comfort and convenience. Situated on a tranquil street, this 3-bedroom, 2-bathroom home boasts 1,394 sq. ft. of living space on an expansive 8,079 sq. ft. lot with a generous yard, perfect for family living. Rear parking and garage is accessible via private alley which provides convenience. Enjoy fresh cleaned floors, and carpet! Top-rated San Marino schools enhance the appeal of this inviting property.

Listed with Maria Sarmiento | 833-832-6770, Keller Williams Downtown LA

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$4,750,000 :: 1420 Wilson Avenue, San Marino CA, 91108

5 beds, 5 baths
Home size: 4,157 sq ft
Lot Size: 13,966 sq ft
Added: 06/14/23, Last Updated: 09/14/23
Property Type: Single Family
MLS Number: AR23098870
Community: San Marino
Status: Sold

Welcome to 1420 Wilson Ave. A stunning brand new classic, reimagine San Marino Estate. Undergone years of an extensive major renovation and a new guest house. This turnkey north-facing San Marino pool home is ready for its new lucky owner! With a true harmony of contemporary design and mature home functionality. Sitting behind gates on the 13966 SF lot, this elegantly redesigned home spans 4157 square feet, the front main home and guest house combined. Boasting 3 bedroom suites, 5 bathrooms, formal living and dining rooms, and a large chef’s kitchen open to an expansive family room that overlooks the backyard and pool, this home offers all the amenities for comfortable living. It has been meticulously designed and built with the highest quality materials and craftsmanship, from a new natural stone floor, new windows, new sliding doors, new AC systems, new roof, to even a new landscape and new spa, and newly plastered pool system. We are ensuring that it will meet the needs and desires of even the most discerning buyer and combine a nod to the traditional embracing of today’s modern lifestyle in the highly sought-after city of San Marino. The chance to have a brand-new, renovated home is rare. Combine with the prestige of San Marino School Time to make this one home! *Main house 3751 SF Guest House 586 SF Finished Attic 400 SF ( not included in the total SF ) *

Listed with Guodong Wang | 626-388-8878, COMPASS

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$1,350,000 :: 1889 S Los Robles Avenue, San Marino CA, 91108

3 beds, 1 bath
Home size: 1,440 sq ft
Lot Size: 6,582 sq ft
Added: 08/09/23, Last Updated: 09/14/23
Property Type: Single Family
MLS Number: P1-14678
Community: San Marino
Tract: Not Applicable
Status: Sold

A lovely, light-filled single-story awaits your personal touch in San Marino’s picturesque Mission District! This 1920s Spanish Revival is rich with charm and features original architectural details throughout its sunlit living spaces. What’s more, the home offers an amazing entry point to the city’s top-tier schools! Inside, you’re greeted by a welcoming front living room enhanced by a fireplace and rounded archways. The formal dining room is lined with garden-style windows and leads into a cheerful kitchen with ample space and storage. Find easy rest in the primary bedroom, which is full of light thanks to its numerous gleaming windows. Nearby, two additional bedrooms are sizable and well-appointed and a full bathroom offers more historic flare, with a rounded archway over the soaking tub, alongside a separate shower. Resting in a lush, garden setting, the home is surrounded by mature trees and vibrant greenery, which you’ll treasure while relaxing on the private, front porch. This charming home offers the unique opportunity to modernize and customize to your heart’s desire. With a little vision and TLC, 1889 S Los Robles will shine brilliantly like the gem it is!

Listed with Evangelyn Lin | (626) 807-6581, eXp Realty of California, Inc.

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$3,100,000 :: 2627 Lombardy Road, San Marino CA, 91108

4 beds, 3 baths
Home size: 2,782 sq ft
Lot Size: 16,632 sq ft
Added: 08/01/23, Last Updated: 09/12/23
Property Type: Single Family
MLS Number: AR23142634
Community: San Marino
Status: Sold

Welcome to this elegant traditional English Home on an extra large lot of almost 17,000sf. This North facing home greets its guests with the gently curved walkway to the Front Door. This beautiful home consists of a spacious formal Living Room, Family Room, Dining Room, extra large size Kitchen, 3 Bedrooms, 3 Bathrooms, a Den can be used as Bedroom, Laundry Room, and 3-car Garage. The spacious formal Living room with Marble Fireplace and the Bedroom to the right is currently being setup as an Office. The Bright and Airy Family Room provides the beautiful view of the entire Backyard with the Sitting area, the sparkling Swimming pool and fruits trees area for Summer time picnic and playground for the Children. Though the formal Dinning room, it connects guests to the chef’s Kitchen with Granite Center Island, Built-in Refrigerator, Breakfast Nooks, and French door with the Backyard view. The adorable Master Bedroom features a sitting area plus updated Master Bathroom and walk-in Closet. Next to the Master Bedroom is another En-suite Bedroom with the Front Yard view and abundant of sunlight. There are endless possibilities for this gorgeous home and don’t miss out this opportunity to call this HOME!

Listed with Maggie Ly | 626-660-1100, Re/Max Premier Prop SanMarino

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!

$4,880,000 :: 1620 Oak Grove Avenue, San Marino CA, 91108

4 beds, 4 baths
Home size: 4,008 sq ft
Lot Size: 19,093 sq ft
Added: 08/16/23, Last Updated: 09/12/23
Property Type: Single Family
MLS Number: P1-14766
Community: San Marino
Status: Sold

Located within the Prestigious Oak Grove neighborhood of San Marino, this spacious and timeless residence exudes traditional charm while offering modern amenities for a truly elevated living experience. Boasting 4 generously sized bedrooms, this home ensures ample space for comfort and privacy. Among them, the primary suite features French doors that open to the patio and pool area that is destined to be your personal oasis. The beautifully landscaped yard provides a serene backdrop with views of the San Gabriel mountains. Large windows and French doors throughout the house allow for natural light and a seamless flow of indoor-outdoor living. The formal living room radiates warmth and sophistication. Here, built-ins embrace a handsome brick-faced fireplace. Flowing from the living room is an open floor plan that effortlessly combines the family room, kitchen and breakfast area. The heart of the home, the kitchen boasts a marble countertop island complimented by stainless steel appliances. For special occasions and gatherings, a large formal dining room awaits. With its spacious interiors, seamless indoor-outdoor flow and views this home allows for a true Southern California lifestyle.

Listed with Carol Ortega | (626) 826-1176, COMPASS

Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!