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Most expensive home sold in La Canada in January 2019

Last month the most expensive home sold in La Canada in January 2019, was 4158 Commonwealth Ave. This home originally listed for $8,495,000 and sold for $8,000,000 in forty-six days. The sellers purchased this La Canada estate just two years ago for $6,300,800. It had been on the market for over a year.  This shows why the Los Angeles real estate market had to slow down. This rapid appreciation is impossible to maintain. The previous sellers purchased this home in 2012, for $6,778,888. The home had again been on the market over a year.

Commonwealth

MLS Remarks Read: 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. 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.

Amazingly landscaped grounds. Including meandering walkways, cabanas, dining terraces, streams, mature trees and a 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.

To learn more about the La Canada housing market check out my website.

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