Last month (October 2016) the most expensive luxury home sale in Pasadena was 1178 Arden Road, which sold for $4,000,000 – $105,000 over asking price to a cash buyer.
MLS remarks read: Located in the prestigious Huntington Library estate neighborhood on a coveted street by Caltech, this stately, gated home was extensively remodeled in 2012. Sited majestically on a landscaped knoll, the custom light-filled interior features grand rooms, soaring ceilings, new wood floors, new lighting, new kitchen & six beautifully-remodeled bathrooms. Double entry doors usher guests into a dramatic two-story foyer, an impressive LR, a cozy library & a large DR. The stunning kitchen features Carrara marble counters, stainless steel appliances, a large island & a breakfast room, all open to a wonderful FR with fireplace & wet bar. The private master suite has vaulted ceilings, walk-in cedar closets & a luxurious master BA. A curved staircase leads to three additional en-suite BRs & an upstairs FR/media room with built-in cabinets & wet bar. A basement bonus room is perfect as a gym/wine cellar. Ideal for entertaining, the terraced backyard features an expansive patio, pool, spa & rose garden. Amenities: 3-zone HVAC, copper plumbing, 400 amp electrical, central vacuum, music speakers, 3-car attached garage & circular driveway. A stone’s throw from South Lake shopping district, Langham Hotel & easy freeway access, this is a special home in a prime location!
The sellers purchased the home in 2007 for $2,775,000 – $113,000 under asking price. Two completely different real estate markets……
MLS remarks from the previous real estate listing read: Situated in a most prestigious estate area by CalTech & the Huntington Library Gardens, this stately home sits majestically on a landscaped knoll. Custom constructed in 1989, this one-owner home has been lovingly maintained & offers an outstanding floor plan with tree-top & garden vistas from every room. A grand entry foyer with two-story ceiling & Italian marble floors opens to a lovely LR with Paladian windows & corner fireplace, large formal DR, cozy library, FR with two-story ceiling, wet bar & fireplace, kitchen with granite counters, breakfast room & a basement wine cellar for 288 bottles. A spacious master suite with high ceiling, large master bath & walk-in closets, completes the first floor. A graceful curved staircase leads to three en-suite bedrooms on the 2nd level plus a huge office/gameroom. Numerous French doors lead to a tranquil backyard with an expansive entertaining patio, pool & spa, pool bath & lovely gardens. A very special opportunity in an exclusive neighborhd!