The highest-priced home sold in July 2019 was 220 N San Rafael Ave , Pasadena. The Richter Estate was listed for $6,885,000 and sold for the asking price in twelve days. The sellers bought this home in 2008 for $3,600,000. Before their purchase, it had been on and off the market for three years without selling. Asking prices ranged from $3,000,000 to $4,000,000. Kris and I viewed this exquisite home on a Pasadena broker’s caravan, and I am not surprised that it sold so quickly.
Marketing for 220 N San Rafael Ave, Pasadena:
This legacy estate sits in Pasadena’s prestigious North San Rafael Hills. It borders Annandale Country Club and holds historic monument status. Nearly three acres of gated, park-like grounds surround the Mediterranean-style residence. As a result, the property offers exceptional privacy.
The estate also includes a detached guesthouse and a custom-built cabana overlooking the pool and courtyard. In addition, a working vineyard adds to its rare appeal. This is a truly unique property. It offers the intimacy of a private residence while capturing the feel of a boutique California wine-country resort.
The main residence spans more than 6,000 square feet. It includes three bedrooms and four bathrooms. Inside, the chef’s kitchen opens to the main living spaces. A dramatic formal dining room provides an elegant setting for entertaining. Meanwhile, an ornate home theater recreates the glamour of a vintage movie palace. Throughout the home, rich woods and artisan tile add warmth and character. Every detail reflects its history and craftsmanship.
Finally, the estate carries a Mills Act designation. This exceptional offering combines historic significance, privacy, and resort-style living in one of Pasadena’s most desirable neighborhoods.
Click here to read more: Foreign purchases of American homes plunge 36% as Chinese buyers flee the market
Something about China buying up
So much property has always made me uncomfortable
Anyway
Me as well Nancy, so many of our children can’t afford homes.