The most expensive home sold last month was 1705 Rancho Ave. Glendale. This Glendale luxury home was initially listed for $3,250,000 and sold in ten days for $4,250,000, a million dollars over the asking price. The sellers purchased this home in 1998 for $675,000.
Marketing remarks for 1705 Rancho Ave. Glendale:
Iconic Equestrian Estate, formerly owned by Oscar-winning actress Bette Davis, is now available for the first time in over 25 years. Located on historic Rancho Avenue overlooking Bette Davis Park and the mountains of Griffith Park. This rare property has a long equestrian history. Direct path to Griffith Park with 60 miles of riding and walking trails and hacking distance to the Los Angeles Equestrian Center.
Quintessential gated English Tudor compound on a 29,466 SQFT lot (flat) with 4255 SQFT of Living space (3221 SF main house & 1034 SF guest house) offers exceptional amenities to both horse lovers and those who simply value ample space and calming park-like privacy. The location is within the H zone for boarding horses. The estate offers a Main House, Barn, Turnouts, Pool with Changing Room, Office/Studio, Game Room, and Guest House.
An entry gate with grandfathered wall and mature Ficus hedge provides unequaled privacy. The Tudor home features brick walls, gothic beamed ceilings, hardwood floors, French doors, and large bay windows. The 4 bedroom, 3 1/2 bath home boasts 2 fireplaces. With the bedroom fireplace from the set of Jezebel, the movie for which Ms. Davis won an Oscar. The 2-bedroom, 2-bathroom guest house is complete with original stained-glass windows.
You can also retreat outdoors to your own private park-like backyard paradise. Complete with a pool and wisteria-covered pergola for entertaining. Horse facilities include a matching Tudor brick barn with large box stalls. Feed room, tack room, wash racks with hot and cold water, shaded turnouts, and room to park a horse trailer. The sprawling public riding arena next door provides ample room for on-site exercise or ride over to the Los Angeles Equestrian Center for training and horse shows with Grand Prix and World Cup classes.
The estate is near Glendale’s award-winning school district & only minutes away from The Americana’s upscale shopping, dining, and entertainment, downtown LA, major studios as well as Toluca Lake, Pasadena, La Canada & Silver Lake.
A million over? I’m stunned