Last month, November 2019 two homes tied for highest Pasadena sales: 2199 Kinneloa Ranch Rd & 3515 Locksley Dr
3515 Locksley Dr., Pasadena. This California Mediterranean sold for $2,800,000 all cash. Originally listed for $3,280,000 and was on the market for just twenty-eight days.
MLS Remarks Read: Located in the prestigious Chapman Woods neighborhood of Pasadena, instantly discover this California Mediterranean style hidden gem! The home sits on a private corner lot with elegant and beautiful landscaping from front to back. Two black iron gates greets you as you approach the entrances. You will be amazed at the gorgeous ceiling and molding once you enter the home . Above the garage the home offers a separate guest suite. Bedroom, bath, and kitchen. Great for extra rental income, in-laws or teenagers. Avocado and other fruit trees on 1.08 acre of land with a well maintained swimming pool. Koi pond , party house and outdoor dance floor . Here you have the opportunity to expand, remodel and make it your dream home . The land , location and potential of this home is incredible! Don’t miss out on this diamond in the rough.
The other Pasadena home sale was 2199 Kinneloa Ranch Rd., This Cliff May inspired home sold for the same price as 3515 Locksley Dr., $2,800,000. This home was listed at $2,980,000 and was on the market for eighty-seven days. Interesting to note the buyer purchased this home with zero down payment with a private lender.
MLS Remarks Read: Resting on nearly 2 acres of level gated grounds is this Cliff May inspired Custom Built Architectural Modern offering the finest in materials, craftsmanship, privacy, and an exceptional design. Set amidst over a dozen of mature Oaks, this dramatic homes offers ceilings that span up to 18 ft in height, thick slumpstone walls 12-24 inch), newer in-laid Travertine flooring, and updated kitchen and baths. Architect James Coane oversaw the remodel in 2007-08, maintaining the spirit of the post and beam design. Oversized dramatic formal rooms are highlighted by a grand two-sided fireplace that is flanked by wood beamed ceilings and skylights. Custom double doors leads you in the expansive foyer and welcomes you to the generous sized formal rooms and offers a view to the outside entertainment area and mountains beyond. Newer stainless steel appliances and Granite counters complete the kitchen that flows into a large breakfast with garden view. The four bedrooms includes 2 MBR suites with new baths. The rear two bedrooms w/vaulted ceilings share a remodeled 3/4 bath. This is truly a one-of-a-kind residence and since the home rests at the rear of the large parcel the property it may be suitable for a lot split.
Zero down sure is interesting given the current sellers market. I winder if they were related
I think it may have been corporate financing. Perhaps the buyer’s employer, as a perk