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Land with Home for Sale in Monrovia, California

506 N Magnolia, Monrovia, CA 91016

$1,899,950
1.79 acres
Active sale
ago
Est $11,518/mo

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-included in the home's total square footage-presents an ideal opportunity for custom transformation into a wine cellar, home theater, or specialized storage space. Beyond the main house, the property's 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 a covered patio ideal for al fresco entertaining, an above-ground pool, dedicated storage units, and ample uncovered parking across the tranquil, private grounds. Modern infrastructure updates add significant value, comfort, and energy efficiency throughout, including brand-new windows installed in 2026, a ducted heat pump HVAC system with separate units for the upstairs and downstairs (installed in 2022), and an owned 17kW solar system paired with 26kW battery backup storage.

2,323
Sq feet
3
Beds
2
Full baths
1910
Built

Location

Street address
506 N Magnolia
Zip code
91016
Community
Monrovia
School district
Monrovia Unified
Elevation
725 feet
Coordinates
34.1611, -118.0052

Directions

West of Myrtle Ave., North of Hillcrest Blvd.

Property details

Acreage
1.789 acres77,929 sq ft
MLS #
MRMLS AR26235325
Posted

Parcels

  • 8520021013

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Keller Williams Realty

Lot

Features
Lot Over 40000 SQFT

Exterior

Parking Spaces
4
Parking
Driveway
Pool
Patio
Structures
Guest House

Structure

Stories
2
Water
Public
Sewer
Public Sewer
Heating
Central, Heat Pump
Cooling
Central Air, Zoned
Windows
Double Pane Windows

Interior

Rooms
Bathroom x 2, Bedroom x 3, Den, Laundry Room
Flooring
Tile, Wood
Fireplaces
Yes
Appliances
Electric Cooktop, Electric Oven, Microwave, Refrigerator

Listing history

DateEventPriceChangeSource
Nov 3, 2026New listing$1,899,950—MRMLS
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This 1.789-acre property is located at 506 N Magnolia in Monrovia, CA 91016. The property is available for sale, priced at $1,899,950. It has a 2,323 square foot 3-bedroom, 2-bath house built in 1910.

Listed by Keller Williams Realty, (626) 204-3300

Checked 2 hours agoUpdated

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