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For Sale

$649,999

240 days on market

549 Norumbega Drive

Monrovia, CA 91016

· 8% down, 7% APR, 30yr fixed

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Listing narrative

Description

Rare opportunity to acquire two adjacent vacant lots (APN: 8523-002-032 & 8523-002-033) being sold together in the desirable Monrovia foothills. With a combined lot size of approximately 100,501 square feet, this unique offering provides an excellent opportunity to build a custom estate or explore development potential in a well-established residential neighborhood. Located at 549 & 553 Norumbega Drive, the property offers beautiful hillside surroundings with scenic views of the San Gabriel Valley. The lots feature up-slope terrain, providing an elevated setting and privacy, while the current topography appears to include a LARGE GRADED PAD AREA that may be suitable for future construction, offering potential for a custom hillside residence. Based on the current condition of the property, it appears that RETAINING WALL IMPROVEMENTS HAVE BEEN COMPLETED AROUND PORTIONS OF THE LOTS, which may help facilitate future site planning and development. Utilities appear to be available nearby, adding to the property's potential. Enjoy the peaceful foothill setting while remaining just minutes from Old Town Monrovia, known for its charming shops, restaurants, and vibrant community atmosphere. The property also offers convenient access to the 210 Freeway, making commuting and travel easy. Whether you are looking to build your dream home or invest in land within one of Monrovia’s most desirable foothill locations, this is a rare opportunity to secure two parcels with outstanding potential. Buyer to verify zoning, lot size, utilities, building requirements, grading conditions, and development potential with the City of Monrovia.

Listing agent (MLS): Kevin Lee · Listing brokerage (MLS): Coldwell Banker Envision

Property Details

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Price

$649,999

Beds

Beds n/a

Type

Land

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2.31 acres

Year

Year n/a

Status

For Sale

Days on Market

240

· 8% down, 7% APR, 30yr fixed
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Courtesy of Coldwell Banker Envision