The most expensive home was sold in La Canada in July 2018.
The most expensive home sold in July 2018 was 4200 Chevy Chase Dr. La Canada. In July, 4200 Chevy Chase Dr. was the most expensive luxury home sale in La Canada. This stunning estate was initially listed for $7,000,000 and sold for $6,250,000. The sellers purchased the property back in December 2002 for $2,500,000. At that time, the home measured 3,500 square feet. Since then, the property has been expanded. The recent sale listed the square footage at 4,800, reflecting significant upgrades.
This home is located a bit deeper into the canyon so there is not as much traffic as the blocks right below Foothill Blvd. Interestingly, this home sold before hitting the MLS (Multiple Listing Service). Despite this, the brokerage must enter it into the MLS for comparable purposes, as real estate regulations require.
The MLS remarks are direct and straightforward: “Sold before processing.” This off-market success story speaks to the demand and exclusivity of La Cañada luxury estates.
Click here to learn more about selling “off market” without listing in the multiple listing service
