Originally listed at $9,800,000 for 133 days 739 Hillcrest Drive was then reduced to $8,800,000 for an additional 76 days before this listing was withdrawn from the MLS. This Spanish Colonial Revival just sold off market for $7,800,000 making it the most expensive La Canada luxury home sale last month (December) and the highest priced sale for all of 2016.
Many Los Angeles home sellers take their home off the market around the holidays. This La Canada Flintridge home was withdrawn from the multiple listing service (MLS) last year on 12/3. Likely the buyer’s Realtor exhausted current listings for his client and then contacted the seller or the seller’s Realtor to learn more about this La Canada home. Or perhaps, the buyer had seen the home when it was on the market last year. Interesting to note that the buyer’s real estate agent works in Laguna Niguel. The internet has certainly been a game changer for real estate.
MLS Remarks Read: A truly rare opportunity awaits the architectural connoisseur. One of La Canada Flintridge’s most distinguished historic homes, this legendary Spanish Colonial Revival estate is located in the most exclusive neighborhood. Built in 1922 for George Hanson & designed by renowned architect, Henry Harwood Hewitt, the home was built to be a replica of a Spanish castle with Moorish design. When Hanson began building his residence, he had only one neighbor. When the house was finished it sat in splendid isolation on a ridge overlooking the San Gabriel Mountains. In 1925, the home was the winner of the World Prize in Residential Architecture at the International Exposition of Architecture in New York. In 2008 a multi-year restoration was completed by extraordinary Pasadena Showcase House Designers, with meticulous attention paid to every detail. This incredible private compound on more than 3 acres exudes masterful Old World charm and boasts five bedrooms and ten bathrooms.