For sale Home

Listed Nov 3, 2026

$1,899,950 Est. $12,566/mo

506 North Magnolia

  • 3

    Beds

  • 2

    Baths

  • 2,323

    Sq ft

The story

  • Pool

Nestled on an expansive 77,907-square-foot lot, this versatile multi-structure compound offers an exceptional canvas brimming with value-add potential. The main residence features a spacious, sun-filled living room anchored by a cozy fireplace, paired with a formal dining room wrapped in walls of windows that bring the lush garden views inside. The functional galley kitchen comes fully equipped with new Bosch appliances (installed in 2022), complemented by updated shaker cabinetry, quartz countertops, and tiled flooring. A secondary den offers a warm retreat complete with its own fireplace, built-in storage, recessed lighting, and direct sliding-door access to the outdoors. Upstairs, the primary bedroom with an adjoining bath is accompanied by two additional bedrooms, a full hall bath, and a private balcony deck. A 445-square-foot flexible basement area presents an ideal opportunity for custom transformation into a wine cellar, home theater, or specialized storage space. Beyond the main house, the propertys expansive grounds unlock incredible possibilities for multi-generational living, creative workspace, or rental income streams, anchored by an impressive orchard of several dozen fruiting olive trees that are over 100 years old. A detached 250-square-foot cottage features high ceilings, its own private bathroom, and an independent mini-split heating and cooling system. Situated across the carport, a secondary large multi-purpose flex room includes a bathroom and dedicated laundry area, perfect for an artist studio, home gym, or executive office. Outdoor amenities include

Facts & features

Home type

Home

Year built

1910

Floors

3

Lot size

2 acres

Price per sq ft

$818

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Forced Air, Zoned Area(s)

  • Heating

    Forced Air Unit, Heat Pump

  • Appliances

    Microwave, Refrigerator, Electric Oven

  • Flooring

    Tile, Wood

  • Water Source

    Public

  • Sewer

    Public Sewer

  • View

    Mountain

Mortgage calculator

Estimated monthly payment

$12,566 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $10,112
  • Property tax $1,900
  • Insurance $554

Includes principal, interest, taxes & insurance.

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Listing Broker

Keller Williams Realty

Broker Name

Keller Williams Realty

Agent

Espi Bagwell

Location

Pasadena CA 91101