PendingSingleFamilyResidence

351 Spur Trail Avenue

Walnut, CA, 91789

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$1,200,000

MLS: SR25241825

Beds

2

Baths

3

Sq Ft

1,913

Lot

0.16 ac

Year Built

2002

MLS #

SR25241825

Days on Market

20

Listed

Feb 1, 2026

Description

Luxurious 55 + living at "Magnolia at Snow Creek", a Senior Community in the City of Walnut. This is a Chapter- 11 Bankruptcy Sale and may require Court approval. This wonderful Single-Story home has 2 large bedrooms, plus an office/library that may work as a 3rd bedroom and spacious 2.5 bathrooms. This home boasts a light & bright Gourmet built-in kitchen with updated appliances, beautiful wood cabinetry, Corian countertops and a large breakfast bar. Open floor plan, separate dining area, large Living Room w/electric fireplace and sound system with built-in speakers. There are beautiful plantation shutters and custom drapery throughout. Special Coved entry hallways and raised panel doors with beautiful crown molding throughout. The Large Master Suite has walk-in closet plus shower & full bath. Other custom features include recessed lighting, elegant wood and tile flooring, central vacuum and extra-large 2- car garage with finished flooring and built-in cabinets. Beautiful, landscaped grounds with large Gazebo, fountain and large patio. Property sits on large corner lot with front & rear lawns. Most desirable and sought after neighborhood. Occupant must be 55+ years old and co-occupant to be 45+ years old. Walnut City Community Center nearby. Association provides Pool, Spa and Clubhouse. Close to shopping too. HOA currently at $200 a month. Some furnishings may be available for sale or included. Regarding the Bankruptcy sale, see brokers private remarks and call LA direct.

Location

Walnut, Los Angeles County, CA 91789

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Listed by: Mike Monteleone · Monteleone Real Estate,Inc

Payment estimate

$8,636

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%
Principal & Interest
$6,636
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Walnut home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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