Luxury Home Sales Up in Los Angeles County

Glendale luxury estate for sale

Glendale luxury estate for sale

The findings of two recent reports indicate that Los Angeles is a market where luxury home sales activity has picked up, which has also been seen reflected in other parts of California as well, including luxury home sales in Orange County.

Luxury home sales have boomed in Beverly Hills, Santa Monica, Pacific Palisades and Brentwood. When it comes to sales involving luxury homes across the country (properties that sell for $3 million or more) a large chunk of these home sales are in the greater Los Angeles market. Two neighboring submarkets, Beverly Hills and Beverly Hills Post Office, recently saw luxury home sales volumes increase by more than 80 percent in August 2015 when compared to the same month of 2014, and the boost of luxury home sales has continued on into the 2016 year.

Prices for the top 5% of the housing market jumped 3.1% in the fourth quarter compared to 2014. The luxury home market has improved from a mixture of factors which include stronger local job growth, a rising stock market, and from wealthy international residents moving from other countries, particularly China.

BRADBURY ESTATE – $32,800,000

388 Long Canyon Road, Bradbury, CA 91008     
14 Bedrooms – 20 Bathrooms – 30,000 Interior Sqft – 9.07 Acre Lot – Built in 2010
Offered at $32,800,000

Built in 2010, this timeless masterpiece offers exquisite living; a 270 degree city & mountain view on 9.2 Acres. This luxurious estate combines the charm & the beauty of the Mediterranean & Europe?s finest design. Approx. 30,000 Sq. Ft., this building (upper & lower levels) is designed flawlessly & decorated professionally throughout. It begins w/ a granite stone-paved driveway passing the pitch & putt golf course, tennis clubhouse, Japanese garden & Koi fish pond. The elegant entrance truly denotes a sanctuary of exquisite living. Main house located on upper pad boasts a state-of-the-art gym, sauna & steam room, salon, movie theatre & first class wine cellar w/ moving conveyor system delivering selected wines directly to the bar. This stunning home features 10 bedroom suites, 2 kitchens w/ Viking appliances, familyrm w/ towering 30 ft. glass roof skylight that grips two 22 Karat Glass Chandelier.Guest housing on lower pad w/4 gst stes, ballroom holds over 100 gsts & is equipped w/karaoke system & beautiful hdwd flrs. Pool w/waterfalls & water slide. Hundreds of fruit trees & Palm trees planted around the acreage. Automated Creston computerized system installed to control all electronic, sound systems in the home, pool & tennis crt. Listed with Coldwell Banker.


Luxury Realtors


For More Photos, Info & Showings, Contact:
Ramiro Rivas ~ Rivas Real Estate Group
Keller Williams Realty


RAMIRO & ERICA RIVAS | JOHN AAROE GROUP | Primary 626.497.4606 | Secondary 818.257.1054

The Rivas & Associates Real Estate Group is your first choice for luxury homes and real estate for sale in the Foothill Communities of the San Gabriel Valley.   Our expertise covers the cities of Pasadena, Altadena, La Canada Flintridge, San Marino, South Pasadena, Bradbury, Arcadia, Sierra Madre, and Monrovia.

Looking for Your Dream Home?
Whether you are seeking a city view residence, gated mansion, architectural masterpiece, an equestrian estate or a property you can call home for a few months out of the year – you will find it here at If you need professional assistance in finding a property that is on the market for sale or through our available list of pocket listings, The Rivas Real Estate Group is dedicated to find you the perfect home and negotiate for your best behalf.

Thinking about Selling, Relocating or in need of a Home Evaluation?
We offer a professional evaluation based on your home’s architecture, square footage of both interior and lot size, improvements, and neighborhood location to give it the highest marketable price. This detailed analysis is at no cost to you, and is delivered within forty-eight hours of the initial consultation. Our effective marketing plan and pricing strategies will get your home sold in the shortest amount of time and for the highest price.

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