Last month (November 2016) the most expensive luxury home sale in Pasadena was 1315 S. Oakland Ave. This stunning Craftsman closed escrow for $4,199,000. It was listed previously with the same agent for about five months for $4,580,000. The sellers purchased the home in 1972 for $57,500. Who says real estate is not a good investment?
MLS remarks read: Beautifully updated and restored masterpiece, this ‘Arts and Crafts’ architectural estate is located in the prestigious Langham Hotel district of Pasadena, close to schools (Polytechnic, Mayfield, Pas Unified, Montessori + more), restaurants, shops and Metro. 4BR suites and 6BA with a plethora of Craftsman architectural detail throughout to include leaded glass windows, decorative wall and ceiling molding, hardwood flooring, imported tile and stone. Gracious living room with original wood-burning f/p, adjacent formal DR with Butler’s+wine pantry. A large kitchen w/stainless comm grade appl, center island, granite c/tops and a large breakfast room-perfect for large gatherings (or homework). The adjacent large ‘Family Great Room’ with gas f/place and several areas for seating opens to the large covered patio, w/outdoor BBQ kitchen (ref,stove), a pool+spa and an ex-large and private side b/yard that can be further expanded. Master retreat with views, sitting area, 2 walk-in dressing rooms and an exercise room. 3 add’l BR suites, amazing wood paneled office/library (or conv 5th BR) w/ wall-to-wall bookcases + gas fireplace. Mature specimen trees to include magnificent Wisteria! See Property VIRTUAL MEDIA. Calif living at its best!