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

$6,799,000 :: 1477 Old Mill Road, San Marino CA, 91108

5 beds, 6 baths
Home size: 5,428 sq ft
Lot Size: 35,720 sq ft
Added: 02/18/25, Last Updated: 05/08/25
Property Type: Single Family
MLS Number: P1-20919
Community: San Marino
Status: Sold

Welcome to 1477 Old Mill Road, a distinguished estate in the heart of San Marino. Nestled on an expansive 35,721 sq. ft. lot, this 5-bedroom, 6-bathroom Colonial style home seamlessly blends historic charm with modern luxury. Originally built in 1923 as one of the model homes for the prestigious Oak Knoll Marino subdivision, the property retains its original architectural beauty with thoughtful expansions and updates for contemporary living. Upon entering the home, a sophisticated formal living room centers on a fireplace, built-in bookshelves and french doors opening out to a covered patio. The adjacent sunroom, bathed in natural light, serves as a fantastic office area or cozy retreat. The large formal dining room is ideal for hosting, while the open kitchen and family room offer a beautiful expansive space for more casual gatherings with family and friends. The chef’s kitchen features marble countertops and a suite of top line appliances including two glass-front Sub-Zero refrigerators, a Viking range with dual ovens, an additional Viking wall oven and warming drawer, built in microwave, Miele coffee maker and steam oven and custom cabinetry with substantial storage. The large center island offers additional prep and dining space, making it both beautiful and functional, the centerpiece of the kitchen, A large butlers pantry features additional storage for glassware and dishes, two wine refrigerators and a warming drawer. Upstairs, the ideal floor plan unfolds. The private primary suite is a true retreat, boasting enormous vaulted ceilings, two balconies, an oversized dressing room and closet plus the primary bathroom with dual sinks, marble countertops, and an elegant bathtub. One of the three additional upstairs bedrooms enjoys its own en-suite bathroom, while the remaining two charming bedrooms share a well-appointed Jack-and-Jill bath. Beyond the main residence, the detached guest house provides total privacy for guests with a living room with vaulted ceilings, a full bedroom suite, and private garden. The park-like grounds feature a pool with a spa, a large grass expanse, a pretty outdoor dining pavilion covered in trumpet vine, and a barbecue area. A three-car garage completes this spectacular estate. Located within the award-winning San Marino Unified School District and moments from The Huntington Library, Lacy Park, and Mission Street’s boutiques and dining, this estate offers a rare opportunity to own a piece of San Marino’s rich history.

Listed with Ted Clark | (626) 817-2123, 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/!

$7,150 :: 1260 Adair Street, San Marino CA, 91108

5 beds, 6 baths
Home size: 3,138 sq ft
Lot Size: 12,419 sq ft
Added: 04/23/25, Last Updated: 05/05/25
Property Type: Rental Properties
MLS Number: P1-21880
Community: San Marino
Tract: Not Applicable
Status: Sold

Located in the coveted and award-winning San Marino School District, this charming Cape Cod home, situated on a beautiful tree-lined street, features five bedrooms and five bathrooms in the main house. The property also showcases a wonderfully sized guest house, which includes a bathroom. The expansive home offers an open floor plan, including a spacious and gracious living room with a plethora of windows, an updated kitchen (appliances included) with an abundance of cabinetry and counterspace, a light-filled breakfast area, as well as a formal dining room. The downstairs also includes a family room, one bedroom, one bathroom, an attached 2-car garage with ample storage, and a separate laundry room (appliances included). All other bedrooms (including multiple suites), with wonderful hardwood floors, are located upstairs, including the extensively remodeled primary suite. The attractive and very social family room serves as a gateway to the beautiful backyard. A sprawling patio and lush lawn and garden space is perfect for entertaining and/or serene relaxation. The attractive and very social family room serves as a gateway to the beautiful backyard. A sprawling patio and lush lawn and garden space is perfect for entertaining and/or serene relaxation. The property’s expansive grounds also include a fantastic guest house, which can also be utilized as a private office, as well as a Tuff Shed for additional storage. With its close proximity to the local schools and library, as well as the wonderful shops and eateries on Huntington Drive, this location is just superb. This lease is HUD compliant based on the previous lease agreement.

Listed with Erik Larsen | (310) 562-3840, 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/!

$2,900,000 :: 2795 Carlaris Road, San Marino CA, 91108

3 beds, 4 baths
Home size: 3,096 sq ft
Lot Size: 7,641 sq ft
Added: 02/27/25, Last Updated: 05/02/25
Property Type: Single Family
MLS Number: 25502191
Community: San Marino
Status: Sold

Step into timeless elegance with this impeccably preserved Spanish-style home in the heart of San Marino’s coveted Mission District. Built in 1929, this architectural gem seamlessly blends classic charm with modern comforts, offering over 3,000 square feet of beautifully designed living space. Inside, you’ll find three spacious bedrooms, each with its own en suite bath, and four baths. The bright and airy living areas feature high ceilings, handcrafted finishes, and gleaming hardwood floors, perfect for both relaxed living and stylish entertaining. The gourmet kitchen is a chef’s dream, boasting custom cabinetry, premium appliances, and ample counter space for effortless meal prep. Upstairs, the generously sized bedrooms provide a private retreat, each offering comfort and elegance. Step outside to a beautifully landscaped yard, an inviting oasis ideal for alfresco dining and gatherings. Nestled just moments from vibrant Mission Street, enjoy easy access to charming boutiques, acclaimed restaurants, and a welcoming community. Whether drawn to its rich history or modern conveniences, this stunning residence offers the best of San Marino living. Experience the perfect blend of heritage, luxury, and style in a home you won’t want to miss.

Listed with Kyle Asai | 310-994-0687, Keller Williams Realty Los Feliz

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/!

$3,370,000 :: 1620 Rubio Drive, San Marino CA, 91108

4 beds, 5 baths
Home size: 3,100 sq ft
Lot Size: 7,637 sq ft
Added: 01/06/25, Last Updated: 04/30/25
Property Type: Single Family
MLS Number: WS24200964
Community: San Marino
The price of this listing was last reduced on 4/25/2025 by 5%
Status: Sold

Fully expanded/ rebuilt in 2025, this beautiful home exudes a fresh and modern feel! It boasts a contemporary kitchen, stunning bathrooms, and high-quality finishes throughout, creating a perfect harmony of comfort and style. Don’t miss out on this opportunity to make this house your own—it won’t last long!As you step into this gorgeous property, you’ll be captivated by the high ceilings in the foyer, the intricately designed staircase, and the living room’s custom-designed fireplace. The office features a magnificent bookshelf that extends to the ceiling. This charming character home boasts four bedrooms and four and a half bathrooms, each with its en-suite bathroom. The master bedroom on the first floor offers a private retreat with an insulated bathroom featuring a separate tub, shower, dual vanities, and a spacious walk-in closet. The master bedroom’s ideal location provides breathtaking backyard views, which boast lush landscaping. The modernized kitchen is a chef’s dream, with a large island, marble countertops, and top-of-the-line stainless steel appliances. This charming character home has beautiful accents, including covered wall wood paneling and oak hardwood floors. Other notable features include a complete overhaul of the house’s electrical, plumbing, roofing, windows, vanities, lighting fixtures, flooring etc.It is conveniently located in the highly sought-after San Marino School District. Close to shopping, dining, and San Marino High School.

Listed with MING SONG | 626-888-9808, RE/MAX PREMIER/ARCADIA

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/!

$3,208,000 :: 1625 Rose Avenue, San Marino CA, 91108

4 beds, 4 baths
Home size: 3,113 sq ft
Lot Size: 16,200 sq ft
Added: 03/03/25, Last Updated: 04/29/25
Property Type: Single Family
MLS Number: AR25040360
Community: San Marino
Status: Sold

This stunning, completely remodeled in 2012 like new home, single-story beautiful residence offers measured over 3,000 square feet of luxurious living space of 4 br, 3.5 bath lovely home in the prestigious San Marino School District. Situated on a generous 16,000+ square foot lot with room for a pool in a peaceful neighborhood, this home boasts top-quality upgrades throughout. As you step inside, you’ll be greeted by gorgeous wood flooring throughout and beautiful wooden heated floors in the large primary suite, ensuring comfort in every season. The kitchen is a chef’s dream, equipped with Miele appliances, including a stove, oven, and microwave, along with a Viking refrigerator. Soft-close cabinets and drawers, a large walk-in pantry, and a built-in bread box add to the kitchen’s clean, modern aesthetic while maximizing convenience. The primary suite is a luxurious retreat, featuring an expansive his-and-hers closet and a spa-like en-suite. 3 newer tankless water heater system, Newer roof, New Central Air system, New paint, Newer plumbing, Newer electric system throughout. Top quality Miele oven, gas stove, dishwasher, Viking refrigerator. Electric fire place between Living room and Family room. Marble flooring and to quality wooden floor through out.Designed with entertaining in mind, the home boasts a large wet bar area, a modern electric fireplace, and dual-pane windows that enhance both energy efficiency and tranquility. The oversized two-car garage, storage with automatic gated plenty of space for an extra 3+ more vehicles parking spaces. The expansive backyard, complete with a fire pit, is perfect for outdoor gatherings. A large laundry room with a sink and ample storage makes everyday tasks effortless, while a generous shoe closet at the entry keeps everything organized. Located on a quiet street, this exquisite home seamlessly blends modern convenience with timeless sophistication. Don’t miss your chance to experience it. Tax record shows the living area of 2,966 sqft.

Listed with Imy Dulake | 626-664-1280, 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/!

$100,000 :: 2148 Huntington Drive, San Marino CA, 91108

0 beds, 0 bath
Home size: 0 sq ft
Lot Size: 19,520 sq ft
Added: 08/05/24, Last Updated: 04/29/25
Property Type: Commercial
MLS Number: CV24161039
Community: San Marino
The price of this listing was last reduced on 1/8/2025 by 33%
Status: Sold

Profitable Contemporary Chinese Restaurant in San Marino. Restaurant opens daily. Liquor license (beer and wine) may be transferable. 1600 sqft with shared patio dining. Large storage unit. Ample street parking on popular street of Huntington Dr. 2 reserved parkings for staff. Minutes away from 210 freeway. include Type-41 ABC License

Listed with Andrew Li | 6269916386, AMERIWAY 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/!