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235 Marguerita Ln, Pasadena, CA 91106

Sale Price: $1,590,000
Feb 11, 20251,208 sqft2 beds2 baths
Listed by: Veronica Paglia
License #: 00926931
Phone #: (626) 437-8008
COMPASS
Source:
CRMLS Logo
MLS #: P1-20792

Property Description

As you turn onto Marguerita Lane, you'll feel as though you've been transported to the Mediterranean. This charming cul-de-sac is home to 16 Spanish-style houses originally built as an Artist Colony by famed developer, Dr. Alexander Schutt and his architect sons and was added to the National Register of Historic Places in 2009. The street retains remarkable physical integrity, preserving its unique character. As you approach the home, you'll notice delightful details, including the red clay tile roof, the intricate brickwork and inlaid stone work at the entry, and the French front door with wrought iron accents. A picturesque Juliette balcony adds to the home's charm. Inside, the living room boasts a raised beehive fireplace, wood beam ceilings, shutters, and hardwood floors.The second bedroom features beautiful sconces, casement windows, a French door leading to the Juliette balcony, and a queen size Murphy bed. The turreted dining room, with a soaring, stenciled ceiling, gorgeous sconces, and two built-in China cabinets, adds an elegant touch to the home. The kitchen has been fully updated, showcasing top-of-the-line Viking appliances, a glass tile backsplash, a Latoscana farmhouse sink, quartz countertops, and a Speed Queen laundry center. A window above the sink frames a view of the enchanting backyard.The updated full bath includes double Toto sinks, a walk-in shower, a soaker tub, California Faucet fixtures and a Toto washlet toilet. Descend into the cozy primary bedroom, featuring a vaulted wood beam ceiling, French doors leading to the backyard, and two closets. The recently added en suite half-bath boasts Phylrich and Grohe plumbing fixtures and a glorious skylight.The backyard is a tranquil oasis, with a fig tree, bougainvillea, and wisteria wrapping the back wall and surrounding the fountain, and a flourishing herb garden. A large pergola and tea roses complete this serene retreat. A huge bonus is that the home is part of the Mills Act Program, thus representing significant property tax savings.The property is conveniently located near transportation, freeways, shops, restaurants, the Playhouse District, Old Town, and South Lake Avenue.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

$23,328

TurboHome Estimated Value

$1,502,100

$1,243 sqft

High Valuation
$1,577,205
$1306/sqft
Normal Valuation
$1,502,100
$1243/sqft
Low Valuation
$1,426,995
$1181/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1243/sqft$1,502,100

Neighborhood: South

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Comparative Value

$1.02M

$1.44M

$1.50M

$1.59M

$1.68M

978 S Marengo Ave 110, Pasadena, CA 91106

Sale Price: $1,020,000

Selected Comparable

234 Marguerita Ln, Pasadena, CA 91106

Sale Price: $1,437,500

Selected Comparable

235 Marguerita Ln, Pasadena, CA 91106

List Price: $1,449,000

Subject Property

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

1097 S Los Robles Ave, Pasadena, CA 91106

Sale Price: $1,675,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
235 Marguerita Ln, Pasadena, CA 91106

235 Marguerita Ln, Pasadena, CA 91106

List: $1,449,000

Listed: 2/11/2025

Area:1,208 sqft
Price/sqft:$1,200
Beds:2
Baths:2
Year Built:
Lot Size:4,529

Comparable Properties

COMPARABLE
Choose comps
235 Marguerita Ln, Pasadena, CA 91106

235 Marguerita Ln, Pasadena, CA 91106

Sale: $1,590,000

4/4/20250.00 mi

Area:1,208 sqft
Price/sqft:$1,316
Beds:2
Baths:2
Year Built:
Weight:22.5%
1097 S Los Robles Ave, Pasadena, CA 91106

1097 S Los Robles Ave, Pasadena, CA 91106

Sale: $1,675,000

6/20/20250.26 mi

Area:1,350 sqft
Price/sqft:$1,241
Beds:2
Baths:2
Year Built:
Weight:21.1%
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:19.5%
234 Marguerita Ln, Pasadena, CA 91106

234 Marguerita Ln, Pasadena, CA 91106

Sale: $1,437,500

4/4/20250.01 mi

Area:940 sqft
Price/sqft:$1,529
Beds:2
Baths:2
Year Built:
Weight:19.3%
978 S Marengo Ave 110, Pasadena, CA 91106

978 S Marengo Ave 110, Pasadena, CA 91106

Sale: $1,020,000

4/23/20250.34 mi

Area:1,360 sqft
Price/sqft:$750
Beds:2
Baths:3
Year Built:
Weight:17.6%

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