I consider any La Crescenta home selling for over $1 million to be luxury real estate. Last month, there were seven La Crescenta luxury real estate sales. The star of last month’s high end La Crescenta sales was 2354 Panorama which sold for $2,325,000. It just closed for more than a million more than the 2008 purchase price; 5 + 7, 5299 square feet on over ½ acre.
This home was a flip, purchased in November of 2008 for $1,075,000. The original structure was 3 +3 encompassing 2490 square feet.
Original MLS Remarks from 2008:
Builders and homeowners alike bring your tape measure and wear your sneakers because this 26,600 square foot property is an adventure! There is a fantastic opportunity to develop this property into two properties or one beautiful estate! This 3 bedroom and 3 bathroom home features a grand living room, formal dining room, family/sun room, kitchen and 2 bedroom suites on the main ground level. Lower level features the 3rd bedroom and bath, laundry room and garage. There is a beautiful pool and spa and plenty of yard space to fill your imagination. Additionally, there is a covered patio and unfinished guest structure. Buyer to verify all information regarding lots, square footage and permits.
Flipped MLS Remarks: (typos not mine)
Serenity meets upscale in this amazing estate superbly designed with the high level of finishes and craftsmanship. This one of a kind Estate boasts over 6,000 sqft of main residence with 5Beds, 7Baths, a chef?s style kitchen, formal dining room, office, master suite, guest suites, gym and a Hollywood style theater plus over 1,700 sqft of attached Pool-House/Game-room.Enter through a custom-made brass double entry that leads you into an elegant mosaic stairs. Formal grand scale living room decorate with two grand Swarovski Crystal Chandeliers, Venetian plaster, floor to ceiling windows, fireplace, surround sound and many other features make this magnificent Estate the ultimate in luxury and sophistication. Enjoy paradise at home with a mansion setting virtual oasis backyard, custom built and perfect for entertaining? Lush landscaping, pool-bar, BBQ area, beach entry Salt Water pool, Jacuzzi spa, cabanas, exterior sound system, private exterior full bath and multiple sitting pit areas ca
