Last month (December 2016) the most expensive luxury home sale in Glendale was 2125 Maginn Drive, which sold for $1,746,500.
MLS remarks read: Live glamorously in this 3-bedroom, 3-bath gated home straight out of a luxury home magazine! Nestled on the Verdugo Hills, you will be in awe with all this property has to offer! Upon entering, you are greeted by a captivating private patio with stone-tile flooring and magnificent, relaxing landscaping all-around. Intricately designed from floor to ceiling with hardwood and tile flooring throughout, high ceilings, recessed lighting, and a complete open floor plan. No expense was spared with its attractive interior design from beautiful custom cabinetry, built-in kitchen appliances, a brick-tiled fireplace, and panoramic views from almost every room. This home is an entertainer’s dream with its separated wine cellar- adjacent to the kitchen, large multiple living areas, panoramic sliding-glass doors opening to an extensive patio deck with breathtaking views of Glendale, Downtown LA, Burbank and more, and tiled pathways with a serene water fountain through the home. Bedrooms are HUGE with gorgeous views. Bathrooms are vast and attractive with LARGE stand-In showers, his-and-hers sinks, and a spacious Jacuzzi-tub in the master bath. Designated laundry room with multiple cabinet-storage space and counter area.
The seller’s purchased this Glendale mid-century in 2009, for $1,118,000.
MLS remarks read: If your looking for a view home THIS IS IT. Private setting, classic sophistication, timeless grace of this contemporary home offers modern features for today’s lifestyle. Serene lush landscaped courtyard with flowing fountain. Dramatic entry with walls of glass to enjoy the spectacular city and mountain views. Perfect for indoor and outdoor entertaining. Gourmet kitchen with top of the line stainless appliances and granite countertops. Breakfast bar that opens to Family Room with wet bar, fireplace and VIEWS. Master suite and 2 additional bedrooms and baths. Additional features include security system, 2 CA/FA units, copper plumbing, re-circulating hot water system, 2 car garage.
Not prioritizing homeownership is a very serious mistake. Purchasing a home is the pathway to wealth. The average homeowner to this day is nearly 40% wealthier than a renter.
Last year, there were 10 luxury home sales in Glendale over $2,000,000.