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234 Marguerita Ln, Pasadena, CA 91106

Sale Price: $1,437,500
Feb 11, 2025940 sqft2 beds2 baths
Listed by: Veronica Paglia
License #: 00926931
Phone #: (626) 437-8008
COMPASS
Source:
CRMLS Logo
MLS #: P1-20795

Property Description

Tucked away on historic Marguerita Lane, this charming cul-de-sac home transports you to a timeless Spanish Colonial retreat. Originally built as an Artist Colony by renowned developer Dr. Alexander Schutt and his architect sons, the 16 Spanish-style homes lining the street have maintained their enduring allure. Recognized for architectural significance, the enclave was added to the National Register of Historic Places in 2009 and remains remarkably well-preserved. This Spanish Colonial Revival boasts Mills Act designation, offering substantial property tax relief--the most significant economic incentive in California for restoring and preserving historic homes.Known as the 'Birdcage House,' this home blends thoughtful modernizations with historic charm. A red clay tile roof, front fountain, and a distinctive plaster scroll on the entry wing wall welcome you. Once occupied by Dr. Schutt himself, the home opens to a warm living room with vaulted wood beam ceilings, a corner fireplace, and original hardwood floors. A French window leads to the architecturally significant birdcage balcony, enhancing its picturesque appeal.The open-concept kitchen flows effortlessly into the living space, ideal for entertaining. An elegant quartz island reflects the glow of an illuminating chandelier, while Jenn-Air appliances, premium Waterstone fixtures, a Latoscana farmhouse sink, ample storage, and an embossed tile backsplash make this space a chef's dream. Large windows bathe the room in natural light, and a French door opens to a lush backyard bordered by tea roses.Follow the arched hallway to the private quarters. The 3/4 bath features a luxurious Mr. Steam shower with a corner folding bench, complemented by stunning sconces. The half bath showcases a Victoria & Albert sink with a garden view. The secondary bedroom offers a spacious closet, while the primary suite boasts vaulted ceilings, French doors to the backyard, and a serene retreat-like ambiance.A separate studio with wood beam ceilings and French doors provides a flexible space for work or relaxation. Outside, the backyard is a private oasis with a tranquil fountain and lush landscaping.Conveniently located near transportation, freeways, shops, restaurants, the Playhouse District, Old Town, and South Lake Avenue, 234 Marguerita Lane offers a rare opportunity to own a piece of Pasadena's rich history while enjoying modern luxury.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$23,289

TurboHome Estimated Value

$1,425,800

$1,517 sqft

High Valuation
$1,497,090
$1593/sqft
Normal Valuation
$1,425,800
$1517/sqft
Low Valuation
$1,354,510
$1441/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1517/sqft$1,425,800

Neighborhood: South

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Comparative Value

$910K

$1.30M

$1.40M

$1.44M

$1.50M

$1.59M

293 Ohio St 13, Pasadena, CA 91106

Sale Price: $910,000

Selected Comparable

234 Marguerita Ln, Pasadena, CA 91106

List Price: $1,299,000

Subject Property

295 Marguerita Ln, Pasadena, CA 91106

Sale Price: $1,400,000

Selected Comparable

234 Marguerita Ln, Pasadena, CA 91106

Sale Price: $1,437,500

Selected Comparable

380 Alpine St, Pasadena, CA 91106

Sale Price: $1,500,000

Selected Comparable

235 Marguerita Ln, Pasadena, CA 91106

Sale Price: $1,590,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
234 Marguerita Ln, Pasadena, CA 91106

234 Marguerita Ln, Pasadena, CA 91106

List: $1,299,000

Listed: 2/11/2025

Area:940 sqft
Price/sqft:$1,382
Beds:2
Baths:2
Year Built:
Lot Size:4,553

Comparable Properties

COMPARABLE
Choose comps
234 Marguerita Ln, Pasadena, CA 91106

234 Marguerita Ln, Pasadena, CA 91106

Sale: $1,437,500

4/4/20250.00 mi

Area:940 sqft
Price/sqft:$1,529
Beds:2
Baths:2
Year Built:
Weight:24.4%
295 Marguerita Ln, Pasadena, CA 91106

295 Marguerita Ln, Pasadena, CA 91106

Sale: $1,400,000

4/1/20250.07 mi

Area:968 sqft
Price/sqft:$1,446
Beds:2
Baths:1
Year Built:
Weight:21.1%
235 Marguerita Ln, Pasadena, CA 91106

235 Marguerita Ln, Pasadena, CA 91106

Sale: $1,590,000

4/4/20250.01 mi

Area:1,208 sqft
Price/sqft:$1,316
Beds:2
Baths:2
Year Built:
Weight:19.9%
380 Alpine St, Pasadena, CA 91106

380 Alpine St, Pasadena, CA 91106

Sale: $1,500,000

1/16/20250.38 mi

Area:1,336 sqft
Price/sqft:$1,123
Beds:2
Baths:2
Year Built:
Weight:17.6%
293 Ohio St 13, Pasadena, CA 91106

293 Ohio St 13, Pasadena, CA 91106

Sale: $910,000

10/8/20240.34 mi

Area:1,104 sqft
Price/sqft:$824
Beds:2
Baths:3
Year Built:
Weight:17.0%

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