Last month, July 2020, the most expensive home sold was 535 Meadow Grove Street La Canada. This grand estate was listed on August 5, 2019, for $7,895,000 and sold nearly one year later for $6,825,000. More than a million dollars less than the original price.
MLS Remarks for 535 Meadow Grove Street read: Commanding, 2-acre estate in Meadow Grove. This meticulously maintained 1928 Myron Hunt Colonial is an exquisite 4-bedroom + studio home that boasts unrivaled proximity to the heart of La Canada Flintridge while seeming a world away. Replete with quarter-sawn oak and mosaic stone floors, the main level hosts the formal dining room. Also, the great room, state-of-the-art chef’s kitchen, and butler’s pantry with top-tier Miele and Viking appliances.
The home’s second level features dual master suites, both of which offer far-reaching views, marble-clad baths, and expansive closets. Beyond the interior lies a serene outdoor oasis, complete with several lounge areas, a built-in kitchen, pool, spa, tennis court and expansive lawns, all embraced by stately oak trees-an idyllic setting to relax or host grandiose events. Incredibly secluded within its own lush enclave, this elegant estate presents an unmatched opportunity to own a piece of LA history with no modern luxury spared and possibly zoned for horses with any many adjacent trails throughout the city.
Determining the value of high-end luxury homes has become more difficult due to limited transactions. Not just in the time of Coronavirus but this luxury market has cooled – not stalled but cooled. For a confidential consultation of your home’s value contact Phyllis
