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220 N. San Rafael Ave. Pasadena: Most Expensive Home Sold July 2019

The highest priced home sold in July 2019, was 220 N. San Rafael Ave. Pasadena.  The Richter Estate listed for $6,885,000 and sold in twelve days for asking price. The sellers bought this home in 2008 for $3,600,000.  Prior to their purchase  it had been on and off the market for three years without selling. Asking prices ranged from $3,000,000 – $4,000,000.  Kris and I viewed this exquisite home on Pasadena broker’s caravan and I am not surprised that it sold so quickly.

San Rafael

MLS Remarks Read: This legacy estate in Pasadena’s north San Rafael hills is adjacent to Annandale Country Club and bears distinction as a historic monument. Encompassing nearly 3 acres, the Mediterranean style main residence sits at the end of a gated, park-like approach. It offers an immeasurable amount of privacy. The grounds include a detached guesthouse, a custom-built cabana house overlooking the pool and courtyard and a working vineyard.

This is a singularly unique property. It functions as an intimate private residence while capturing the feeling and scale of a boutique resort in California wine country.The main residence includes 3 bedrooms and 4 bathrooms in over 6,000 square feet. The stunning chef’s kitchen opens to the living areas. There is a dramatic formal dining room and an ornate home theater styled in vintage movie-palace fashion. The surfaces are appointed with rich woods and artisan tile work. This is a special offering steeped in history and has Mills Act designation.

Click here to read more: Foreign purchases of American homes plunge 36% as Chinese buyers flee the market 

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Something about China buying up
So much property has always made me uncomfortable