The most expensive home sold in October 2019 was 154 Allen Ave, Glendale. This gated estate sold for $2,250,000 in eighty-one days to a cash buyer. This luxury home was originally listed for more than two years in April 2018. After not selling for a year, the $2,900,000 price was reduced to $2,749,000. After another year, they relisted with a different Realtor at $2,495,000 before eventually selling.
Marketing:
Tucked securely behind lush greenery and a massive wood gate, this immaculate equestrian estate offers exceptional privacy and luxury. In fact, among the 785 horse-zoned properties in the Rancho, this estate stands out as one of the finest. Set on a sprawling 31,000-square-foot lot, the property offers an impressive range of amenities. The 2,108-square-foot main residence provides comfortable living space. In addition, the estate includes a guest house and a horse keeper’s apartment.
For the equestrian enthusiast, the property delivers everything you need. A four-stall barn includes a feed room and individual turnouts. There is also an arena, tack house, and dedicated grooming and tacking areas. Plus, a private sitting area creates the perfect place to relax and enjoy the surroundings. Then there is the pool. It is truly exceptional and offers its own income stream, adding even more value to this remarkable property.
Recently remodeled with impeccable taste, the estate blends contemporary design with timeless traditional style. As a result, every space feels sophisticated yet inviting.
With so much to offer, this is a rare opportunity to experience the Rancho lifestyle at its finest. Come home to the Glendale Rancho and enjoy a little Beverly Hills luxury—without giving up the charm and character of an exclusive equestrian community.
Nationwide update: “Delinquency rates are at 14-year lows, reflecting a decade of tight underwriting standards. The benefits of prolonged low interest rates and the improved balance sheets of many households across the country. Despite this months near record-low serious delinquency rate, several metros in hurricane-ravaged areas of the Southeast have experienced higher delinquency rates of late. We expect to see these metros to return to pre-disaster delinquency rates over the next several months.” – Frank Martell President and CEO of CoreLogic
