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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

    $2,395,000 :: 1816 Carlisle Drive, San Marino CA, 91108



    Property Photo

    3 beds, 4 baths
    Home size: 2,691 sq ft
    Lot Size: 8,277 sq ft
    Added: 11/18/20, Last Updated: 04/21/21
    Property Type: Single Family
    MLS Number: P1-3711
    Community: 655 – San Marino
    Tract: Not Applicable
    Status: Sold

    This charming cape cod home is located on one of San Marino’s most coveted streets. The versatile floor plan offers a spaciousformal entry leading to a beautiful living room and formal dining room. The large den with built in desk, book shelves and bar has French doors which open to the backyard. Adjacent is a fabulous family room built in 2003 with beautiful windows overlooking the rear gardens. A wall of built ins and Frenchdoors complete this room. The darling kitchen includes a built-in bench for dining and a cheerful chalkboard wall. The upstairs bedrooms include a master suite, constructed in 2003 along with 2 other bedrooms and hall bath. Additional Features:Separate Guest suite updated 2021,Freshly painted, Central Air Conditioning and Forced Air Heating, Mature Landscaping, andAlarm System.

    Listed with Vicky Botsford, 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/!


    $4,750 :: 2690 Devonport Road, San Marino CA, 91108



    Property Photo

    3 beds, 2 baths
    Home size: 2,347 sq ft
    Lot Size: 12,633 sq ft
    Added: 04/05/21, Last Updated: 04/18/21
    Property Type: Rental Properties
    MLS Number: P1-4059
    Community: 655 – San Marino
    Tract: Not Applicable
    Status: Sold

    This charming one-story Traditional home is situated on a beautiful tree-lined street in a quiet San Marino neighborhood with close proximity to San Marino schools. The floor plan includes three bedrooms and two baths, and a spacious backyard for outdoor activities and entertaining guests. The front door leads to a foyer, down to a bright and spacious living room that features a fireplace and picturesque windows overlooking mature landscape and mountain views. Additional pantry plus a bar sink is conveniently located in the hallway. Inside, there is an abundance of natural sunlight throughout all rooms. A formal dining room is adjacent to an oversized kitchen, and the breakfast nook offers a separate eating area overlooking the outdoor patio, perfect for your morning coffee. A dedicated laundry area is conveniently located near the kitchen. Recent upgrades include the following: refinished hardwood flooring, newer paint, newer appliances (refrigerator, stove, washer and dryer), and fresh landscape. Additional features as central air and heat, hardwood flooring throughout, lots of built-in shelves/ cabinetry, two-car detached garage, and an automatic sprinkler system. Minimum 1 year lease.

    Listed with Monica Hsu, deasy penner podley


    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 :: 1440 Bellwood Road, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 2,605 sq ft
    Lot Size: 9,148 sq ft
    Added: 04/02/21, Last Updated: 04/15/21
    Property Type: Rental Properties
    MLS Number: P1-4055
    Community: 655 – San Marino
    Tract: Not Applicable
    Status: Sold

    SAN MARINO SCHOOLS. Beautiful one story traditional home located on a quiet tree-lined street with close distance to San Marino schools and shopping area. This home features 4 bedrooms 3 full bathrooms, formal living room with fire place. Spacious family room next to the kitchen and breakfast area. Formal dining room with newer light fixture. Updated kitchen and bathrooms. Walk-in closet in master bedroom. Rear yards with pool and fruit trees. Central A/C, 2 car detached garage. Ready to move in anytime.

    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/!


    $1,850,000 :: 1455 Rubio Drive, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 2,928 sq ft
    Lot Size: 10,455 sq ft
    Added: 05/25/20, Last Updated: 04/14/21
    Property Type: Single Family
    MLS Number: AR20100014
    Community: 655 – San Marino
    The price of this listing was last reduced on 12/17/2020 by 4%
    Status: Sold

    This nice Mediterranean-style home is located on a quiet street in Prestigious city of San Marino. You will be welcomed by a spacious Formal living room with beautiful Stone-accented fireplace and street view. Dining room is adjacent to the lovely kitchen. Blue tile backsplash, Stainless Steel appliances, breakfast nook. Family room with built in shelves and cabinets, overlooking nicely maintained huge backyard with pool and spa, grass, fragrant wisteria vine, tranquil seating areas and a private-secluded patio. What an entertainer’s paradise! Wood flooring throughout the house. Downstairs bathroom with shower and laundry area. All four bedrooms upstairs. Bright and light Master suite and three bedrooms complete this lovely house. Walking distance to the top rated National Blue Ribbon school, San Marino High School. There is so much potential in this house, make it your home! Check 3D tour here: https://show.tours/e/2SYxV8T

    Listed with Peter Cheng, Treeline Realty & Investment


    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/!


    $3,910,000 :: 665 Canterbury Road, San Marino CA, 91108



    Property Photo

    4 beds, 6 baths
    Home size: 4,058 sq ft
    Lot Size: 21,345 sq ft
    Added: 02/10/21, Last Updated: 04/08/21
    Property Type: Single Family
    MLS Number: P1-3299
    Community: 655 – San Marino
    Tract: Not Applicable
    Status: Sold

    This beautiful Colonial residence is situated on a large private lot in one of San Marino’s most desirable locations. Architecturally designed, meticulously built, this home is ideally located next to the Huntington Library, Polytechnic School, and Cal-Tech.The residence features: three upstairs bedroom suites plus one downstairs bedroom. For added convenience and privacy, the master bedroom has two separate full bathrooms. Spacious and bright living room with fireplace opens to rear patio, gardens and pool. In the center of the house the kitchen connects breakfast room and formal dining room as well as mudroom and downstairs bedroom suite. A rare find, the full basement can be used as family room, study room and recreation area.Setting this house apart, the rear pool, lawn and landscape are truly magical. Oversized pool with rear cabana on one side and spa on the other is the focus of the gated and private rear yard. Expansive motor court and three-car garage complete this wonderful San Marino home.

    Listed with Brent Chang, 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/!


    $2,950,000 :: 2769 GAINSBOROUGH Drive, San Marino CA, 91108



    Property Photo

    4 beds, 5 baths
    Home size: 3,614 sq ft
    Lot Size: 18,818 sq ft
    Added: 01/22/21, Last Updated: 04/08/21
    Property Type: Single Family
    MLS Number: 21683726
    Community: 655 – San Marino
    Status: Sold

    This beautiful custom estate situated on a home site that spans over 18,000 SF has been tastefully adorned with the finest materials available! The entry way boasts diamond pattern marble flooring and crown moldings. Chestnut wood flooring throughout, gas & wood burning fireplace & beautiful glass windows dressed with plantation shutters are featured in the lovely formal living room! The gourmet kitchen is fitted with stainless steel appliances, 6-burner gas stove & oven, built-in wine rack, glossy granite counter tops & elegant cabinetry all under bright recessed lighting! All 4 bedrooms feature private baths, the master bedroom has been carefully crafted with a relaxing spa-like tub with marble surround, separate shower with crystal clear glass doors, dual sinks and large walk-in closet! Step outside onto the lovely covered loggia to gaze at the sparkling pool and spa. This great estate also features its own exercise room & guest house with wet bar & 3/4 bath.

    Listed with Grace Chow, 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/!