523 E Fairmount
Burbank, CA, 91501
$2,149,000
Original list price: $2,380,000
MLS: GD26104462
Beds
4
Baths
5
Sq Ft
3,354
Lot
0.19 ac
Year Built
1940
MLS #
GD26104462
Days on Market
99
Listed
May 28, 2026
Description
Now Offered at an Exceptional New Price! A great opportunity to own a thoughtfully designed hillside residence in one of Burbank's most desirable neighborhoods. Designed through the vision of the owner, a professional architect, this extensively renovated home blends timeless architecture, quality craftsmanship, and modern functionality. Enter into a welcoming living room anchored by a beautiful fireplace, offering flexible space for formal entertaining or everyday living. The home flows into a spacious breakfast area and a beautifully updated gourmet kitchen with premium finishes, abundant workspace, and an expansive island that opens seamlessly to a generous family room, creating effortless indoor-outdoor living. Step outside to a covered patio with a barbecue area, leading to a beautifully designed backyard featuring an updated sparkling pool and inviting outdoor spaces for relaxing and entertaining. The crown jewel is the private second-story primary suite with soaring ceilings, a wall-mounted fireplace, expansive sliding glass doors, and a private balcony with a hot tub, beautiful hillside views, and stunning sunsets. The suite also features a custom walk-in closet and a spa-inspired bathroom with genuine marble, an air-jetted soaking tub, premium fixtures, and a high-end smart toilet. A fully permitted detached ADU completed in 2020 offers one bedroom, one bathroom, a full kitchen, laundry, HVAC, a separate entrance, and excellent privacy, making it ideal for guests, extended family, a home office, or rental income. Over 90% of the home was remodeled in 2014 (all permitted), including updated electrical and plumbing, roof improvements, an updated pool, and extensive interior and exterior upgrades. A fully permitted second-story addition was completed in 2023. Additional features include smart home technology, central vacuum, hardwired high-speed internet, whole-house water filtration, security cameras, two laundry areas, and an oversized one-and-a-half-car garage with flexible space for a workshop, gym, or storage. Conveniently located near Downtown Burbank, major studios, shopping, dining, parks, hiking trails, golf courses, and with easy access to the 5, 134, and other major freeways. Every detail reflects thoughtful planning, quality construction, and a design focused on comfort, functionality, and everyday living. This property truly checks all the boxes.
Location
Burbank, Los Angeles County, CA 91501
Open on Google Maps ↗Listed by: Alex Badalian · Coldwell Banker Hallmark
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$15,838
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $214,900 · Loan: $1,934,100
Average 30-yr fixed rate 6.71% as of Sep 3, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $12,493
- Property tax (1.25%)
- $2,239
- Homeowners insurance
- $300
- Mortgage insurance
- $806
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 Sep 3, 2026
- 30-year fixed
- 6.71%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $75,215 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.
Similar Homes Nearby
Active and pending listings in ZIP 91501 (Burbank)within ±10% of this home's price and size.
Local Market Stats
See Burbank, CA 91501 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.