Lifestyles of the rich and famous. As a top La Canada Realtor it’s essential for me to stay up to date on current market trends. This includes a deep analysis of the La Canada real estate market.
In July 2023, the most expensive home sold in La Canada was 1248 Inverness Dr. Interestingly, this unique luxury home, built in 2016, was initially listed for $8,800,000. However, after 39 days, it sold for $8,500,000. Adding to the backstory, the sellers tried to sell it for $10,995,000 in 2019 but ultimately chose to lease it in 2020 for $25,000 a month. Notably, the sellers purchased the property in 2012 for $2,000,000, primarily as land value.
Marketing info for 1248 Inverness Dr. La Canada: Frank Lloyd Wright-inspired Prairie-style estate constructed to take full advantage of the panoramic San Gabriel Mountain views. Designed by Dave DeAngelis and perched on an over 60,000 square foot lot. The secluded architectural estate features ultimate privacy, open plan layout & modern amenities. Expansive glass and full-height sliding doors foster indoor-to-outdoor transparency & connections between living spaces. Exquisite wood materials were carefully chosen to provide lasting beauty. The open kitchen, dining, and living areas form the heart of the home.
The inviting master retreat on the main level features sliding doors to the backyard, two walk-in closets & a luxurious master bathroom with a double shower & vanities. A 3,000-square-foot covered patio with a massive fire pit creates outdoor living space for dining, relaxation & play. Elegant interior finishes complement the home’s clean lines & comfortable spaces, providing a serene environment for living. The upper level boasts 4-bedroom suites with walk-in closets & built-in desks. Family room, second laundry room & oversized terrace with spectacular views. Award-winning La Canada Schools.
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What a beautiful home