Last month, September, the priciest luxury La Crescenta home sold was 2739 Orange Avenue. Initially, the home was listed for $1,625,000 for a month. Next, the same Realtor relisted it at the same price for a week. Then, the price dropped to $1,598,000. Subsequently, it reduced again to $1,550,000, and finally to $1,475,000. Ultimately, the home sold for $1,500,000—$25,000 above the final asking price.
Marketing:
This elegant tri-level home features five bedrooms and six baths with an open floor plan. Gleaming hardwood floors and stunning finishes make an immediate impression. First, the main floor entry opens to a luxurious living room with a fireplace. Next, it connects to a formal dining room. Then, a chef’s kitchen showcases stainless steel appliances and custom cabinetry. It flows into an eating area and a cozy media room. Also, an en-suite bedroom sits on the first level. Upstairs, three bedrooms await. Additionally, a spacious master suite offers a spa-like bathroom and large walk-in closet. Finally, the third level serves as a guest retreat, office, gym, or game room with a private 3/4 bathroom, wet bar, and storage. Located half a block from Monte Vista Elementary, this La Crescenta gem shines.
The seller purchased the home as a foreclosure in 2011 for $750,000.
This La Crescenta luxury home sale is a prime example of the importance of accurately pricing your home. Click here to learn more about event pricing and how it appeals to the herd mentality.
