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 – $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.
MLS Remarks for 220 N San Rafael Ave Pasadena read:
This legacy estate in Pasadena’s north San Rafael hills is adjacent to Annandale Country Club and bears distinction as a historic monument. Encompassing nearly 3 acres, the Mediterranean style main residence sits at the end of a gated, park-like approach. It offers an immeasurable amount of privacy. The grounds include a detached guesthouse, a custom-built cabana house overlooking the pool and courtyard and a working vineyard.
This is a singularly unique property. It functions as an intimate private residence while capturing the feeling and scale of a boutique resort in California wine country.The main residence includes 3 bedrooms and 4 bathrooms in over 6,000 square feet.
The stunning chef’s kitchen opens to the living areas. There is a dramatic formal dining room and an ornate home theater styled in vintage movie-palace fashion. Rich woods and artisan tile work adorn the surfaces. This is a special offering steeped in history and has Mills Act designation.
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.