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New Construction Homes for Sale in Monrovia, CA

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    $3,980,000 Lot/Land

    537 Cloverleaf Dr, Monrovia, CA 91016

    • 19.85 Acres
    • $200,479 per Acre

    This prime Monrovia foothill offering presents a rare opportunity to acquire both a quality income-producing property and a high-potential development site in one. Currently generating steady rental income with a ~3% CAP rate, the property offers substantial room for improvement and future upside. It’s ideal for investors who wish to maintain income while advancing subdivision or redevelopment

    Matthew Modica Long Dragon Realty Group, Inc.

    537 Cloverleaf Dr, Monrovia, CA 91016
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    $699,000 Lot/Land

    549 Norumbega Dr, Monrovia, CA 91016

    • 2.31 Acres
    • $302,965 per Acre

    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

    Kevin Lee Coldwell Banker Envision

    549 Norumbega Dr, Monrovia, CA 91016
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    $685,000 Lot/Land

    976 Ridgeside Dr, Monrovia, CA 91016

    • 0.19 Acre
    • $3,562,142 per Acre

    CALLING ALL DEVELOPERS AND AMBITIOUS HOMEOWNERS- This property comes with fully approved set of plans with paid-for building permits by the seller already. Break ground immediately! The approved plans feature a stunning 2,378 sq. ft. two-story home with 4 bedrooms and 3.5 bathrooms, including a convenient mother-in-law suite with a full bath on the ground floor. Designed for modern comfort and

    George Seraydarian Vikin' Realty

    976 Ridgeside Dr, Monrovia, CA 91016

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Monrovia, CA usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Monrovia, CA hold their value?
Yes, especially in fast-growing areas of Monrovia, CA. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Monrovia, CA

Housing Trends

Median Sale Price
$999,000
Median Single Family Sale Price
$1,150,000
Median Townhouse Sale Price
$1,050,000
Median 2 Bedroom Sale Price
$640,000
Median 1 Bedroom Sale Price
$600,000
Average Price Per Sq Ft
$672
Number of Homes for Sale
39
Last 12 months Home Sales
224
Months of Supply
2.10
Median List Price
$999,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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