1400 East Palm Street, Altadena, CA 91001

$1,350,000

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List Price
$1,350,000
Status
ACTIVE
MLS#
P1-28507
Lot Size
20,240
Days on Market
1
Property Type
Land
Neighborhood
Not Applicable

Property Description

Extraordinary opportunity to design and build a custom luxury residence on one of East Altadena's most desirable estate lots. The property offers more than 20,000 square feet of level land, approximately 80 feet of frontage, mountain views, and exceptional privacy at the end of a quiet cul-de-sac above the Altadena Town & Country Club. The property was previously home to a newly built, 4,200-square-foot residence featuring five bedrooms and five bathrooms. Today, the site presents a unique opportunity to benefit from a remarkable collection of newer resort-style improvements already established on the grounds. The outdoor setting features extensive hardscaping, turf, mature landscaping, and a gated circular driveway. A newer pool and spa, dedicated outdoor entertaining area with an existing kitchen island, and private multi-use sports court remain. These valuable improvements represent substantial potential savings in site-development costs and preparation time for the next owner. Phase 1 and Phase 2 debris removal have been completed. The property also benefits from a newer septic system, while water, gas, and electrical service were previously established. Picture a sophisticated new residence designed around dramatic mountain views, expansive walls of glass, open-concept living spaces, and effortless connections between the interior and the resort-style grounds. This extraordinary setting and its valuable existing improvements provide an exceptional canvas for a future homeowner or developer to create a truly distinctive custom estate.

Additional Information

Land Lease Type
Fee
View
Mountain(s)

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Calculator source: Real Geeks

Listing courtesy of BHHS California Properties.