Last month (June 2017) the most expensive La Canada luxury home sale was 4158 Commonwealth Ave. The seller purchased the home in 2012 for $6,788,888 at the time the home was on the market for 408 days. The home was listed last year at $10,495,000. The price was slowly reduced to $7,950,000 and sold last month for $6,300,800 to a cash buyer. Note to luxury home sellers: Grossly overpricing your home results in a lower selling price.
I saw this home on the La Canada broker caravan and it was very, very ornate and frankly a little beat up. The park like grounds were lovely, but I prefer a level back yard rather than meandering paths and ornate gardens.
MLS Remarks from the most recent sale read:
Located on one of La Canada Flintridge’s most coveted streets lies this French Normandy Chateau on approximately 2 acres of park-like grounds. Private and gated, this trophy property was built with the finest materials and designer details with no expense spared. Grand formal living, dining, and family rooms perfect for entertaining. Dramatic entry features dual sweeping staircases with wrought iron railings that showcase volume, natural light, hand-painted high ceilings, and detailed crown moldings. Remodeled gourmet chef’s kitchen with top-of-the-line appliances, breakfast nook and designer cabinetry. Luxurious master suite with walk-in closets, spa-like bath, and balcony overlooking backyard. Professionally landscaped grounds include meandering walkways, cabanas, dining terraces, streams, mature trees, and large swimmer’s pool with spa. This one of a kind Estate is made to entertain and offers the utmost in privacy, luxury, and serenity. Award winning schools!
If you have a luxury La Canada home to sell, contact Phyllis @ 818 790-7325 and ask her about her affiliation with Christies Estates and their suite of luxury marketing materials.