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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

    $2,820,000 :: 1420 Pasqualito Drive, San Marino CA, 91108



    Property Photo

    6 beds, 5 baths
    Home size: 3,540 sq ft
    Lot Size: 13,940 sq ft
    Added: 11/30/20, Last Updated: 08/02/21
    Property Type: Single Family
    MLS Number: TR20241309
    Community: San Marino
    The price of this listing was last reduced on 3/18/2021 by 6%
    Status: Sold

    Located just north of Huntington Drive on a lovely tree lined street in a very desirable neighborhood is this move-in ready just updated outstanding two-story Colonial Home. Close to San Marino’s highly rated schools completely repainted interior and exterior, upgraded interior lighting, hardwood floors, crown moldings, and many wonderful architectural details. The perfect floor plan features a huge living room with a fireplace and French doors leading to the backyard, a formal dining room, and also has a den/library with a fireplace on the main level. The upgraded kitchen with breakfast area is spacious and connects to a large family room. There are two staircases in the home allowing for convenience and privacy to the upstairs areas. The downstairs bedroom could be converted to a play area or home office. The two-car garage allows for additional parking through the garage in the large private backyard with numerous just completed landscaping upgrades.

    Listed with Jingjing Alfonsin, IRN 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/!


    $2,200 :: 1395 Belhaven Road, San Marino CA, 91108



    Property Photo

    1 bed, 1 bath
    Home size: 700 sq ft
    Lot Size: 14,811 sq ft
    Added: 07/19/21, Last Updated: 08/01/21
    Property Type: Rental Properties
    MLS Number: P1-5818
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Brand new constructional, Rear part of house for rent with separate access. Rent space separated from main house, include one bedroom suite and a large setting room that face to back yard. rent $2200 per moth include all utilities and WiFi . Ideally for a working person or a home worker.

    Listed with Jean Ni, 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/!


    $5,600 :: 1365 Bradbury Road, San Marino CA, 91108



    Property Photo

    4 beds, 4 baths
    Home size: 2,614 sq ft
    Lot Size: 9,584 sq ft
    Added: 07/09/21, Last Updated: 07/31/21
    Property Type: Rental Properties
    MLS Number: P1-5648
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Charming 4 bedrooms 4 bath San Marino home located on a beautiful tree lined street with close distance to San Marino High???????????????????????? School.

    Listed with Cordelia Wong, 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/!


    $5,045,000 :: 986 Kewen Drive, San Marino CA, 91108



    Property Photo

    5 beds, 7 baths
    Home size: 6,355 sq ft
    Lot Size: 28,750 sq ft
    Added: 04/08/21, Last Updated: 07/30/21
    Property Type: Single Family
    MLS Number: 21716520
    Community: San Marino
    The price of this listing was last reduced on 6/3/2021 by 5%
    Status: Sold

    REDUCED OVER $2MM. SELLER HAS PURCHASED ANOTHER HOME AND WILL ENTERTAIN ALL OFFERS. Through the gates of 986 Kewen Dr sits this inspiring English manor perched on over 28,000 sq ft of land in the heart of San Marino. This contemporary estate is surrounded by towering pines, manicured gardens, a resort style backyard with pool + spa, and 5 separate outdoor areas to entertain. Featuring 5 bedrooms, 7 bathrooms, over 6,300 sq ft of living space and a guest house, this custom home was built-out in stages as recently as 2015. If you love to entertain, the stunning great room with bar has floor to ceiling windows and french doors leading to a private deck which can host parties of grand scale, while more intimate spaces such as the family room, den, and wine cellar are perfect for smaller gatherings. Lavish master wing features a sensual freestanding tub, stone fireplace, walk-in closet with island, and spa-like master bath. The detached 1 bedroom, 1 bathroom guest house is a great flex space for a separate home office or mother in law quarters. Other amenities include a Savant Pro audio and video system with drop-down screen, Bowers + Wilkins speaker system, gym, solar panel system, ample parking for all of your guests, 5 fireplaces, top of the line designer finishes, and Bocce ball court. Located within the prestigious Valentine School District boundaries.

    Listed with Paul Salazar, Hilton & Hyland


    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 :: 2715 Devonport Road, San Marino CA, 91108



    Property Photo

    3 beds, 3 baths
    Home size: 2,510 sq ft
    Lot Size: 12,197 sq ft
    Added: 07/19/21, Last Updated: 07/29/21
    Property Type: Rental Properties
    MLS Number: AR21158376
    Community: San Marino
    Status: Sold

    This charming single-story home is situated in the prestigious San Marino neighborhood. Formal living room and dining room. Updated kitchen with granite countertop. Private backyard with a swimming pool. Good for relaxation and entertainment. Excellent location. Only minutes away from shopping, Huntington Library, Lacy Park, and Award-Winning San Marino Schools. Don’t miss this great opportunity.

    Listed with Elaine Lai, Pinnacle Real Estate Group


    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/!


    $5,300,000 :: 2065 -2095 Huntington Drive, San Marino CA, 91108



    Property Photo

    0 beds, 0 bath
    Home size: 10,116 sq ft
    Lot Size: 26,572 sq ft
    Added: 03/22/21, Last Updated: 07/29/21
    Property Type: Commercial
    MLS Number: WS21057647
    Community: San Marino
    The price of this listing was last reduced on 4/6/2021 by 7%
    Status: Sold

    • ± 10,116 SF Office/Retail Building• ± 26,558 SF Site• **Modified NNN Leased to Coldwell Banker Realty• Credit Tenant: Realogy Holdings Corp. NYSE: RLGY• Long Term Tenancy – Since 1989• 6.4% Cap Rate with Credit Tenant• City of San Marino**New property owner to be responsible for $28,652 of property taxes.EXCEPTIONAL SAN MARINO LOCATION• Rare Opportunity to purchase a Retail/Office Investment in the Upscale city of San Marino• Close Proximity to the Westfield Santa Anita Shopping Center (over 1.3M SF of Retail and dining) Methodist hospital, LA County Arboretum & Botanical Gardens, Huntington Library, & Santa Anita Golf Course• Adjacent to Pasadena, South Pasadena• Easy Access to 210 & 110 FreewaysOVERSIZED 26,558 SF OF CORNER LOT• RARE SAN MARINO REDEVELOPMENT OPPORTUNITY• 10,116 SF Freestanding Office/Retail Building Per Lease (Per county tax assessor, square footage is 9,198 SF)• C1 Zoned lot (Zoning to be Verified by Buyer)

    Listed with KEVIN LUTZ, PASADENA MARKET CENTER


    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/!


    $3,300,000 :: 2836 Cumberland Road, San Marino CA, 91108



    Property Photo

    5 beds, 4 baths
    Home size: 3,690 sq ft
    Lot Size: 10,890 sq ft
    Added: 02/25/21, Last Updated: 07/27/21
    Property Type: Single Family
    MLS Number: AR21040208
    Community: San Marino
    Status: Sold

    Great Location, moving-in condition with great price home on North of Huntington Drive, walk distance to San Marino High school. This stylish new modern classical estate of unparalleled quality. This is the must be seen in order to comprehend the tasteful beauty and quality of all aspects of build and design. 4 bedrooms, 3 full bathrooms and 1 powder bathroom. 2 huge master suits. Gorgeous master bath with Hansgrohe/Axor rain shower, Jacuzzi and steam system. Home theater/Surround sound system. Generous sized living room with modern fireplace and woven wall. Custom hand-made contemporary glass staircase. Super open kitchen with Chef’s master Sub-zero and Wolf appliances, separate wok kitchen. Perfect size and relaxing wooden deck at backyard for outdoor activities. Smart home! This is the home you just carry your suitcase and move in. Originally built in 1939. Over 90% re-built in 2018. The final building permit was signed on 01/10/2019 by city of San Marino.

    Listed with Anna Wang, 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/!


    $1,720,000 :: 1435 Rubio Drive, San Marino CA, 91108



    Property Photo

    3 beds, 2 baths
    Home size: 1,988 sq ft
    Lot Size: 10,890 sq ft
    Added: 05/14/21, Last Updated: 07/23/21
    Property Type: Single Family
    MLS Number: WS21099262
    Community: San Marino
    Status: Sold

    Family room has grandfathered sq ft added in 1962 is heated and cooled and fully contiguous to the living room, no permits found, public records incorrectly shows 1770 sqft. Owned since 1961 and just 2 blocks to the Award Winning San Marino High School, this 3 bedroom 2 bath home has been well maintained with upgrades over the years. Immaculate landscaping dotted with Loquat, 2 varieties of Lemon trees, grapefruit and Washington Orange trees and 50 year old trees and camilia flowers. Very private back yard with no rear neighbors and even room to possibly build an extended deck beyond the rear fence. New laminate flooring in 5 rooms and shiny sealed hardwood floors in the others. The living room has an entire built in bookshelf and gas/wood burning fireplace. Marble 3/4 bathroom sink and white shower tile and dual flush low flow toilet. The patio has a hot tub with gazebo, and a locking workshop is behind the garage. Every bedroom has huge double door closets, and some upper storage cabinets, 6 large linen closets in the hall and laundry room. Dual pane windows and slider door will keep the house cool and the oversized air conditioner unit is strong and effective. Cement Roof. The 2 car garage has a new roll up garage door. Shady flowering magnolia tree patio has plenty of room for Al Fresco dining this Summer and the driveway has a 40 foot long jasmine hedge that is in full bloom in May. New range hood fan, solid surface cooktop stove, new super quiet stainless steel dishwasher, digital double oven is about 10 years old, side by side refrigerator has Ice/water in the door. Kitchen pantry has floor to ceiling shelving and many large kitchen cabinets easily store all your china and glassware. There is a new glass shower surround in the master bathroom with rainfall shower head, and the bathroom has white tile shower surround and on the bathroom countertop. California basement storage is about 88 sq ft and well lit with staircase. Separate inside laundry room with washer and dryer included. Youtube video tour: https://youtu.be/kbuUPq3TMHU

    Listed with SONJA TRONCOSO, HILLSIDE APPRAISAL


    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/!


    $2,630,000 :: 2810 Devonport Road, San Marino CA, 91108



    Property Photo

    5 beds, 3 baths
    Home size: 2,973 sq ft
    Lot Size: 12,197 sq ft
    Added: 12/08/20, Last Updated: 07/22/21
    Property Type: Single Family
    MLS Number: P1-4435
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Welcome home to this sprawling San Marino single story, which offers elegance and practicality! Enter through a private driveway with an automatic gate. The lush lawn highlighted with a brick pathway leads you to a classic and inviting front entrance with a bubbling fountain. The entry foyer features a domed ceiling and crystal chandelier. Crown molding and well maintained natural wood oak floors are fitted throughout. The wainscoting at the formal dining room and living room provides both warmth and sophistication. This home is perfect for a multi generation family with three private wings. At the front wing, you’ll find two large bedrooms and the first full bathroom. Off the family room is the master suite which provides privacy secluded on the west side of the home with a large walk-in closet and en-suite that doubles as a relaxation retreat equipped with a soaking tub and steam shower. The rear east wing features two generous sized bedrooms and a third full bathroom. The bright and spacious family room has high ceilings with natural light seeping through double skylights. Sliding doors to a patio showcase the tranquil backyard. The property offers a three car garage with the third garage currently being used as a bonus room/gym. This home, located in San Marino’s premier school district is updated, turnkey and ready for your move!

    Listed with Mei-Mei Liu, Berkshire Hathaway HomeServices California Properties


    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/!


    $5,000 :: 1355 Blackstone Road, San Marino CA, 91108



    Property Photo

    3 beds, 3 baths
    Home size: 2,540 sq ft
    Lot Size: 10,890 sq ft
    Added: 07/19/21, Last Updated: 07/22/21
    Property Type: Rental Properties
    MLS Number: AR21157541
    Community: San Marino
    Status: Sold

    Charming tradition home is located on a quiet tree lined street close to award-winning San Marino schools. It features living room with fireplace, formal dining room, breakfast area, family room fully equipped with built-in cabinetry, a Hugh separate back house/home office/ recreation room, spacious 3 bedrooms, two and half baths, central air and heat, beautifully landscaped front and rear gardens with automatic sprinklers and a spa, truly extend the beauty of this wonderful home.

    Listed with Katharine Lowe, Hampton Properties & Inv.


    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/!