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1503 Alta Park Lane, La Canada The Most Expensive Home Sold April 2019

The most expensive home sold in 91011, April 2019 was 1503 Alta Park Lane, La Canada. The sellers listed their home for $2,950,000 and sold in twenty-nine days for over asking price, $2,975,000. The sellers purchased 1503 Alta Park Lane, in 1993 for $659,000.

In April, eight La Canada homes sold for over $2,000,000. These eight homes averaged 49 days on market. Two of the homes were on the market for over 100 days. The average selling price to list price was 93%.

1503 Alta Park, La Canada most expensive home sold

MLS Remarks Read: Privately sited on nearly one 1/2 acre at the end of a quiet cul-de-sac, this elegant 1931 Traditional home is a landmark of the Upper Alta Canyada neighborhood. Beyond its grand exterior, the home is the perfect combination of elegance and comfort. A gracious entry leads into the formal living room with fireplace & views of the front yard. The formal dining room features wainscoting & double French doors that lead to brick patio. The heart of the home is the Chef’s kitchen with Walker Zanger finishes, island, breakfast area, custom built-ins and family room with French doors that lead out to the beautifully landscaped backyard. Wine storage & 1/2 bath complete the main level. Steps up to 2 large bedrooms with balconies & bathroom, as well as the spacious master suite with walk-in closet & bathroom, including separate shower, tub & double vanity.

The upper level features a bedroom suite with den that makes for a perfect retreat. The lower level boasts another bedroom suite/gym with separate access & laundry room. The backyard provides a great space for entertaining with grassy yard, pool, spa & game zone area that wraps around to the expansive front yard with basketball 1/2 court. 3 car attached garage. Connected to sewers on bond. La Canada Schools.

“The spike in mortgage interest rates last fall chilled buyer activity.  And led to a slowdown in home sales and price growth. Fixed-rate mortgage rates have dropped 0.6 percentage points since November 2018 and today are lower than they were a year ago. With interest rates at this level, we expect a solid home-buying season this spring.” – Frank Nothaft, Chief Economist for CoreLogic

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