Last month the most expensive home sold in November 2019, was 2716 Mary St La Crescenta. This luxury home listed at $1,636,888. It sold over the asking price at $1,655,000. The sellers bought this fixer in 2016 For $475,000, tore it down, and rebuilt it in 2019. There is little new construction in La Crescenta. The newest neighborhood is Markridge Estates, which was developed about thirty years ago.
MLS REMARKS for 2716 Mary St La Crescenta read:
A next-generation, high-tech designer home is emerging in prestigious La Crescenta- Montrose. Crafted for both serenity and convenience. The focal point is a majestic Oak Tree. The residence boasts a grand open floor plan with 12ft ceilings, oak flooring, a Napoleon fireplace, and a surround sound system. The designer kitchen shines with custom-built cabinetry, quartz counters, and a sushi-style island.
Double glass French doors open from the living area to a large deck and backyard, perfect for relaxing and entertaining. Upstairs features an expansive living area with a fireplace, wet bar, and floor-to-ceiling windows showcasing mountain views. The private master suite offers a spa-style bathroom, and a large walk-in closet.
Strategically placed windows throughout capture views and flood the home with sunlight. Fully automated smart technology includes cameras, an alarm system, and smart lighting. The tranquil neighborhood is near Foothill Blvd, in a great school district, and close to Downtown LA.
“Millennial homebuyers are no longer a trend on the industry horizon. In fact, they are the new, first-time homebuyers of today. However, only about half of recent millennial buyers were satisfied with the number of options of available homes in their market or price range. Affordable housing continues to be a growing issue. 43% of those surveyed indicated they couldn’t afford to buy a new home or are concerned they won’t be able to.”- Frank Martell President and CEO of CoreLogic
For additional information regarding La Crescenta and its home values, give Phyllis a call @ 818 790-7325
