La Canada luxury home sale in August 2015: Last month, 3972 Alta Vista Drive was the most expensive luxury home sale in La Canada. This 1920s Mediterranean has eight bedrooms and eight baths, over 8600 square feet, and is sited on more than an acre. The home was initially listed at $5,700,000 and, after a price reduction, sold to a cash buyer for $4,950,000. The sellers originally purchased the home in 1972 for $190,000.
Marketing for this La Canada luxury home sale in August 2015:
High on a knoll, this Mediterranean Estate commands a prime Flintridge street. Historic properties rarely retain such architectural integrity. Built in 1928, it boasts original sconces, light fixtures, arched doorways, casement windows, and recessed screens. Now, the estate awaits a new owner to restore its grandeur. A grand two-story foyer greets visitors. A vast living room with a fireplace opens to a formal dining room. Upstairs, four-bedroom suites shine. Downstairs, a guest wing and three servants’ bedrooms suit modern executive or multi-generational families. A large four-car garage plus parking for five to six vehicles adds convenience.
What is a trophy property? A trophy property is a high-value, prestigious real estate asset. Typically, it boasts a prime location, unique design, or historical significance. Moreover, these properties are iconic or luxurious, commanding premium prices. For example, landmark buildings or luxury estates in elite areas qualify.
