$3,750,000
SOLD SEP 30, 2024

1561 Gaywood Dr Altadena, CA 91001

5 Beds
5 Baths
5,200 Sq Ft
0.92 Acres

Recently Sold

$721 Per Sq Ft

3% Below List Price

76 Days on Market

Highlights

  • Tennis Courts
  • Cabana
  • Peek-A-Boo Views
  • Pasadena High School Rated A
  • Updated Kitchen
  • 0.92 Acre Lot

About This Home

As of September 2024

MID CENTURY MODERN ESTATE
A rare architectural gem, this meticulously preserved 1958 mid-century modern estate offers a unique blend of history, innovative design, and luxurious living. This nearly one-acre estate is tucked away on a quiet cul-de-sac with just 11 other homes of the era. As the original and ONLY family to live here, the founder of Electro Music- Leslie Speakers, spared no expense crafting their perfect entertainers paradise.

Recently updated with impeccable attention to detail, the 5 bedroom, 4 bath main residence has been refreshed and remodeled including new interior and exterior paint, new flooring, remodeled kitchen with Cafe' appliances, and renovated bathrooms, new HVAC systems, LED lighting and modern period fixtures. Imported Italian Terrazzo floors, 3 fireplaces, and extensive remodel updates make this true California living.

The grounds are equally impressive with a north/south tennis court, pool with changing cabanas, exterior 3/4 bath, Japanese garden with new fountain, new landscaping. There are exterior buildings totaling 1116 feet that included a media room/ party room (possible ADU) and work room.

You will even find construction blueprints from noted architect Marion J Varner, whose works include the Burbank Federal Building and City of Bell library.

This incredible property blends vintage architecture with todays modern amenities in a ultra- private and serene setting perfect for entertainers, families, and those with an appreciation for iconic mid-century modern design.

Last Agent to Sell the Property

Jan Greteman

Compass Brokerage Phone: 626-975-4033 License #01943630 Listed on: 05/28/2024

Compass

Last Buyer's Agent

Jacen Crehan

Seven Gables Real Estate License #01789762

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,966

Year Built

  • Built in 1958

Lot Details

  • 0.92 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR120

Parking

  • 3 Car Garage
  • Parking Available
  • Three Garage Doors
  • Circular Driveway

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Concrete Roof

Interior Spaces

  • 5,200 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Recessed Lighting
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Storage
  • Laundry Room
  • Utility Room
  • Utility Basement

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Range
  • <<microwave>>
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Tennis Courts
  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 23651
  • Assessor Parcel Number 5844026028

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Foothills
  • Mountainous Community

Amenities

  • Service Entrance

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,966

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • View: Yes
  • Zoning: LCR120
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5844026028
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5200.00 Square Feet
  • Interior Amenities: Built-in Features, Pantry, Quartz Counters, Recessed Lighting, Storage, Unfurnished, Wet Bar
  • Stories: 1
  • Entry Location: motor court
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 5
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Service Entrance, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 721.15
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Utility Room, Walk-In Pantry
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Privacy Toilet Door, Quartz Counters, Remodeled, Soaking Tub, Upgraded
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Drawers, Walk-In Pantry
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Outbuilding, Tennis Court Private, Workshop
  • View: Mountain(s), Peek-A-Boo
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Cabana, Concrete, Covered, Deck, Patio, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, Garage - Three Door, Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Curbs, Foothills, Hiking, Mountainous

Schools

  • School District: Pasadena Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Landscaped, Lot Over 40000 Sqft, Level, Sprinkler System
  • Lot Size Sq Ft: 40015.00
  • Lot Size Acres: 0.9186

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40015.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4601.01
  • Tax Lot: 3
  • Tax Tract Number: 23651

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2024
Closed on
Aug 19, 2024
Sold by
Linda N Weil Revocable Trust and Weil Linda N
Bought by
Hoopes Alexis and Desario Matthew
Seller's Agent
Jan Greteman
Compass
Buyer's Agent
Jacen Crehan
Seven Gables Real Estate
List Price
$3,850,000
Sold Price
$3,750,000
Premium/Discount to List
-$100,000
-2.6%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.44%
Original Mortgage
$3,000,000
Outstanding Balance
$2,978,778
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$73,614

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jan 11, 2023
Sold by
Leslie Family Trust
Bought by
Leslie James Brian and Leslie Scott Donald
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Jan Greteman
Compass
List Price
$3,000,000
Sold Price
$2,725,000
Premium/Discount to List
-$275,000
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.35%

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jan 10, 2023
Sold by
Leslie Family Trust
Bought by
Linda N Weil Revocable Trust
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Jan Greteman
Compass
List Price
$3,000,000
Sold Price
$2,725,000
Premium/Discount to List
-$275,000
-9.17%

Purchase Details

Closed on
Aug 16, 2005
Sold by
Leslie Carolyn Scott and The Leslie Family Trust
Bought by
Leslie Carolyn Scott and Trust A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,750,000 Lawyers Title
Deed -- Usa National Title
Grant Deed $2,725,000 Usa National Title
Deed -- Usa National Title
Deed -- Usa National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $2,590,000 -30.9% --
09/30/2024 09/30/24 Sold $3,750,000 -2.6% $721 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $3,850,000 +41.3% $740 / Sq Ft
02/07/2023 02/07/23 Sold $2,725,000 -4.4% $655 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/25/2022 11/25/22 Price Changed $2,850,000 -5.0% $685 / Sq Ft
09/09/2022 09/09/22 For Sale $3,000,000 -- $721 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $31,966 $2,779,500 $1,938,000 $841,500
2023 $5,431 $359,948 $81,745 $278,203
2022 $5,270 $352,892 $80,143 $272,749
2021 $4,867 $345,973 $78,572 $267,401
2019 $4,712 $335,714 $76,243 $259,471
2018 $4,230 $329,133 $74,749 $254,384
2016 $4,054 $316,355 $71,848 $244,507
2015 $4,010 $311,604 $70,769 $240,835
2014 $3,947 $305,501 $69,383 $236,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24094835

California Regional Multiple Listing Service (CRMLS)

APN: 5844-026-028