The most expensive home sold in La Canada in February 2019: I sold the most expensive home in La Canada: 1929 Lyans Drive. This home sold for $2,850,000. The sellers purchased this newly constructed La Canada estate fourteen years ago for $2,450.000.
Marketing for the most expensive home sold in La Canada in February 2019
Picture yourself surrounded by family and friends. Your home warmly welcomes them! First, spacious rooms easily support family life and entertaining. Perfectly proportioned interiors flow gracefully, exuding casual elegance. Next, an arched double-door entry opens to a rotunda, inviting you into this five-bedroom, six-bath home. The elegant living room, with its bay window and wood-burning stone fireplace, boasts over twelve-foot ceilings. Meanwhile, the kitchen delights with a wood butcher block island, prep sink, Viking double oven range, Miele dishwasher, warming oven, and pot filler.
Additionally, a cozy breakfast nook with a bay window and French doors connects to patios and the backyard. A wood-burning fireplace warms the sunlit family room, which also opens to the backyard. Then, unwind in the master retreat, featuring a 16-foot vaulted ceiling and dual walk-in custom closets. The spa-like bathroom offers a steam shower, Jacuzzi tub, and double sinks. Furthermore, the entertainment level provides versatile options, including a full bath, storage room, and an 80-inch wall-mounted TV. A control room manages TV, internet, amplifier, and speakers. Finally, award-winning La Canada schools serve the area.
“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 are lower today than a year ago. With interest rates at this level, we expect a solid home-buying season this spring.” – Frank Nothaft, Chief Economist for.
I think for California at least the slow down is more about the new tax rules than mortgage rates. The 10000 dollar cap for loan interest and real estate taxes is a killer in states like ours