Last month, September the most expensive luxury La Crescenta home sole was 2739 Orange Avenue. The home was listed for a month at $1,625,000, then relisted with the same Realtor at the same price for a week, then reduced to $1,598,000, reduced again to $1,550,000, and yet again to $1,475,000. This home sold for $1,500,000 – $25,000 over asking price.
MLS remarks read: This elegant tri-level features 5 bedrooms, 6 baths, with an open floor plan, gleaming hardwood floors and gorgeous finishes. Main floor entry leads to a luxurious formal living room with fireplace adjacent to a formal dining room. A chef’s kitchen features high-end stainless steel appliances, custom cabinetry, leading to an eating area opening to a spacious yet comfortable media room. One en-suite bedroom is located on the first level. Upstairs you will find three bedrooms and a sizable master suite with a spa-like bathroom and a generous walk-in closet. The third level makes an ideal guest retreat, office, gym, or game room with private 3/4 bathroom, wet bar and storage area. This La Crescenta charmer is located only one half block from award winning Monte Vista Elementary! A true gem.
The seller’s purchased the home as a foreclosure in 2011 for $750,000.
MLS remarks from this sale read: Huge elegant tri-level recently constructed and located only one half block from award winning Monte Vista Elementary! This home features gleaming top quality hardwood floors, breakfast room, formal dining room, den, fabulous kitchen with granite counters, family room with wet bar and its own 3/4 bath, storage room, three master suites and lush front lawn landscaping! A two car detached garage complements this wonderful home.
This La Crescenta luxury home sale is a great example of the importance of properly pricing your home. Click here to learn more about event pricing and how it appeals to the herd mentality.