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San Marino: Demand Continues to Outstrip Supply

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:

Related Posts with Thumbnails

Other Local Properties

    $2,600,000 :: 1701 Virginia Road, San Marino CA, 91108



    Property Photo

    5 beds, 4 baths
    Home size: 2,425 sq ft
    Lot Size: 17,411 sq ft
    Added: 10/20/21, Last Updated: 01/26/22
    Property Type: Single Family
    MLS Number: OC21231513
    Community: San Marino
    Status: Sold

    LOCATION, LOCATION,LOCATION!!! This cozy nest is located in the prestigious esate area of San Marino. It offers a nearly 17,500sqft lot with a swimming pool. This charming house has 5 bedrooms, 4 bathrooms, and beautiful landscaping that includes a rose garden and many fruit trees in the side yard and backyard. The property is also near Lacy park and across the street from the Valentine elementary school. You can stand on the front porch , Or see right through the living room window to watch your children walk to school. And that’s not to even mention the proximity to restaurants, shopping centers, and the famous Huntington library, etc.!! This home is not only suitable to be your cozy, lovely home, but it’s also in a great location with a BIG potential investment opportunity. Don’t wait; this is your chance to become the proud owner of this little gem!!

    Listed with LindaJue Lu | 949-222-9911, Pacific Sterling 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/!


    $5,500 :: 1425 Blackstone Road, San Marino CA, 91108



    Property Photo

    4 beds, 5 baths
    Home size: 2,763 sq ft
    Lot Size: 15,246 sq ft
    Added: 10/08/21, Last Updated: 01/26/22
    Property Type: Rental Properties
    MLS Number: P1-7812
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Charming traditional San Marino home offers great living comforts with over 2,763 sq.ft. of living space situated on a 15,000+ sq.ft. lot, features four bedrooms and five bathrooms. An open concept kitchen featuring stainless steel upgraded appliances and a convenient breakfast bar overlooks a gigantic family room. There is also a sizable formal dining room and a large living room with a fireplace. The home features central A/C, heating, plantation shutters, recessed lighting, build-in cabinetry and shelving, walk-in closets, and gleaming hardwood floors. The family room serves as a gateway to the backyard, which is ideal for entertaining. Enjoy a short tree-lined stroll to the local stores, businesses, eateries, and the award-winning San Marino Schools.

    Listed with Cordelia Wong | (626) 487-0837, Coldwell Banker 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/!


    $2,700,000 :: 1930 Lorain Road, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 3,936 sq ft
    Lot Size: 12,633 sq ft
    Added: 07/08/19, Last Updated: 01/22/22
    Property Type: Single Family
    MLS Number: P0-819003143
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Welcome to this stunning English Tudor home on beautiful Lorain Road. With close proximity to award-winning schools and the Crowell Library, this is in one of San Marino’s most sought-after areas. The home features four bedrooms and three baths, a formal living room with fireplace and leaded windows, a dining room with Philippine mahogany paneling, a spacious family room with brick fireplace and built-in bookcases, and a large kitchen with a breakfast area. Upstairs is a luxurious master retreat. The suite includes the oversized master bedroom with window seat and leaded glass windows, a professionally designed walk-in closet with built-in cabinetry, an oversized master bath, a computer room, and an office.The backyard is an entertainer’s delight. A large patio with a fountain adjoins the home. Behind the patio, sits a beautiful lawn and rose garden. A sparkling pool and spa, firepit, and entertainment area with two dressing rooms complete the backyard. This incredible setting is enhanced with professional landscaping, an indoor-outdoor sound system, and ambient lighting throughout the yard. This is San Marino living at its best!

    Listed with Carol Anne Kazanjian | (626) 685-5251, Coldwell Banker 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/!


    $5,800 :: 435 Buena Vista Street, San Marino CA, 91108



    Property Photo

    3 beds, 3 baths
    Home size: 2,400 sq ft
    Lot Size: 37,872 sq ft
    Added: 01/16/22, Last Updated: 01/21/22
    Property Type: Rental Properties
    MLS Number: TR22009117
    Community: San Marino
    Status: Sold

    Mid-century home approximately 2400 sq ft (2153 + 250 enclosure) located on a 35,419 lot in one of San Marino’s most popular and quiet neighborhoods. The home features 3 bedrooms (one bedroom can be used as a library with fireplace) and 2.5 bath, recently remodeled kitchen with Quartz countertops, 5 burner Viking stove, Viking built-in refrigerator, and oven; two built-in microwaves and wine cellar. Master bathroom has 2-person jet spa, glass shower room with spray. Home also comes with 16-channel Security camera system. Ethernet in each room. Security alarm system. Fully fenced yard, gates and delivery receptacle. 2-car detached garage with additional partitioned storage room. 35,000 sq ft lot, which means expansive playing area for family and kids playground with swings and playhouse. Refrigerator, washer and dryer are available with no warranty.

    Listed with Andy Huang | 626-820-1085, Reddoor International 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/!


    $2,250,000 :: 1665 Rose Avenue, San Marino CA, 91108



    Property Photo

    5 beds, 5 baths
    Home size: 3,165 sq ft
    Lot Size: 9,754 sq ft
    Added: 12/01/21, Last Updated: 01/19/22
    Property Type: Single Family
    MLS Number: P1-7623
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Step through the blue front door into this charming 3,165 sq. ft San Marino Cape Cod home. Boasting 5 bedroom 5 baths, this is the lowest priced home San Marino with 5 bedrooms on the market. Undoubtedly, a great opportunity for space and San Marino schools.. The large FR/LR w/fireplace is at the center of the home. The adjacent DR includes a fireplace and glass windows providing a lovely view of the yard.The galley kitchen and breakfast room are can be accessed from both the FR & DR. The first level has 3 bedrooms, including the Primary Bedroom en-suite with back yard view and 2 additional bedrooms and full bath. Stairwell leads up to very generously sized light filled bedrooms with tons of closet space and a full bath.The exterior covered patio includes a brick BBQ and plenty of space for dining or just relaxing. The 2 car garage structure includes an above garage loft and 1/4 bath that can be used as a home office, art studio, game room, or living space. A separate well sized laundry room is easily accessible from the house. A large workshop is an excellent space to work on projects or could be a nice area for storage as well. Behind the covered patio and garage, is a flat area with fruit trees. This is a great space for your garden or many other possibilities.On a 9,751 square foot flat, create the home you desire. Updates: new recessed lighting, engineered floors, new carpet/padding, painting throughout, and more.

    Listed with Michael Dilsaver | (626) 755-7372, 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/!


    $6,500 :: 2735 Monterey Road, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 2,454 sq ft
    Lot Size: 6,787 sq ft
    Added: 12/01/21, Last Updated: 01/15/22
    Property Type: Rental Properties
    MLS Number: CV21257828
    Community: San Marino
    Status: Sold

    1920s Spanish Bungalow is unlike any other! Enter into elegance and you’ll find a living room exuding natural light, boasting original arch window architecture, high-ceiling, and French doors leading into the backyard. Beyond the dining room sits a renovated galley kitchen featuring new and hip high-end appliances, built-in cabinets, floating shelves, and an adjoining breakfast nook area. The in-law floor plan offers a master bed/bath on the first floor. Upstairs showcases two bedrooms, one full bath, and a luxury master retreat. The master suite highlights a bright and airy walk-in closet off of the lavish bathroom including a dual-sink vanity and a large shower. You’ll love the Juliet-balcony, overlooking the front yard! Fenced and secured behind new driveway gates, is your very own lush and serene botanical-like get away! It includes an orange tree, vibrant foliage, and grassy lawn for a picnic! Located in a prime location close to all the amenities and schools San Marino has to offer

    Listed with YING-HUEI CHOU | 626-872-2207, K.W. EXECUTIVE


    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/!