2 months on rocket

5501 Elgin St, Pittsburgh, PA, 15206

$2,998,000

8 Bedrooms
4 Full Baths, 1 Partial
9,286 SqFt
$323/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1880
HeatingForced Air, Radiant
CoolingZoned
BasementYes
MLS #PAAY2000204
Lot Size1.85 Acres
StatusActive
(ACTIVE)

About 5501 Elgin St

Set on an unprecedented 1.8-acre lot and surrounded by five acres of lush, protected parkland, the Baywood Mansion will make anyone feel like royalty. A revitalized portion of the former Alexander King Estate, this iconic, sophisticated home is truly a piece of art that has been lovingly restored to its era, with a focus on quality throughout and superior attention to detail. The owners spared no expense in returning the exquisitely detailed rooms to their original elegance, and the result is a museum-quality residence worthy of hosting grand occasions or displaying the most distinguished art collection. The Baywood Mansion is one of the most distinctive, influential properties in all of Highland Park, a Pittsburgh neighborhood prized for its proximity to local eateries and fine dining options, as well as the large central park of the same name, which is complete with numerous walking trails, two lakes, lots of green space, the Pittsburgh Zoo and the PPG Aquarium. A treasured family home for generations and the former site of the Pittsburgh Art Museum, this beautiful residence is the embodiment of Second Empire Victorian architecture and design, and its current, impeccable condition is reflective of the passion of the owners, who endeavored to preserve the home as a part of history. One of the most historic homes in Pittsburgh, the Baywood Mansion offers the best of many possible worlds. Beyond the walls, the home has been extensively renovated and modernized. Features include a newer electrical system, new plumbing, and air conditioning, a new boiler, and new appliances, including a 24,000-watt backup generator. The porch and roof of the exterior have also been repainted, and the entire home is surge-protected. For those who value properties of historical significance and love classic period details, such as hardwood floors, high ceilings, and floor-to-ceiling windows, yet who are averse to the risks, time, and expense involved with performing renovations, this is the ultimate opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1880
  • Stories: 3
  • Living Area: 9,286 SqFt

Listing Office:

  • Office Name: Piatt Sotheby’s International Realty
  • Office Phone: (412) 471-4900
  • Listing Agent: Mikal Merlina

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven, Gas Range, Microwave, Refrigerator, Washer, Dryer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Off Street

Virtual/3D Tour

  • Virtual Tour: 5501 Elgin St

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.85 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: Zoned

School Info

Assigned Schools Information:

  • Pittsburgh Milliones, Public District Grades EE-12
  • Pittsburgh Sunnyside, Public District Grades EE-8

Other

Directions Information:

  • Directions: Highland Ave toward Highland Park Main entrance to Left on Elgin - 2 blocks to straight through to cobblestone street through grand pillars past park on right to Baywood.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,998,000
  • Price Per SqFt: $323/SqFt

Tax Information:

  • Annual Amount: $28,178
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pittsburgh, PA.

Med. Sold Price

$241.4K

Med. Price/SqFt

$166

Avg. Days On Market

50

# of Sold Homes

558

5501 Elgin St vs Pittsburgh

70 DAYS ON ROCKET

+20 Days

$2,998,000

+$2.7M More

$323/SqFt

+$156 More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price and $156/SqFt more than other homes in Pittsburgh, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAAY2000204

Listing Office:

  • Office Name: Piatt Sotheby’s International Realty
  • Office Phone: (412) 471-4900
  • Listing Agent: Mikal Merlina

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 10:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$28,178$1,229,900
2020$27,832$1,229,900
2019$27,832$1,229,900
2018$27,833$1,229,900
2017$27,833$1,229,900

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,055

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4424046
5
/10
  • Pittsburgh Sunnyside

  • 4801 Stanton Ave

  • 0.47 miles

  • Public District Grades EE-8

High School

school-card-donut-4424047
2
/10
  • Pittsburgh Milliones

  • 3117 Centre Ave

  • 2.85 miles

  • Public District Grades EE-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,177. Typical income of Pittsburgh, PA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5501 Elgin St

What is the listing price of this property?

The listing price of 5501 Elgin St property is $2,998,000.

What type of property is this?

The property 5501 Elgin St is a house located in Pittsburgh, Pennsylvania, 15206.

Is this property for sale now?

Active Listing: 5501 Elgin St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5501 Elgin St are:
Pittsburgh Sunnyside: GreatSchools Rating 5/10
Pittsburgh Milliones: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $28,178 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5501 Elgin St has 8 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5501 Elgin St is 9,286 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 Elgin St is 1880.
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Rocket HomesPennsylvaniaAllegheny CountyPittsburgh152065501 Elgin St

This home is located at 5501 Elgin St in Pittsburgh, PA and zip code 15206 in the Highland Park neighborhood. This 9,286 square foot home, which was built in 1880, sits on a 1.85 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $2,998,000.

Over 204 listings were sold over their listed price in April 2024 in Pittsburgh, PA. In the same period over 257 listings were sold below the listed price and 97 listings were sold for the listed price. The number of listings in Pittsburgh, PA increased by 10.8% between March 2024 and April 2024. In April 2024 median list price was $241,451 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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