Psadena Mansion, Estate of the Day

by Deidre Woollard (RSS feed)
Oct 8th 2006 at 1:06PM

We do a lot of talking about Southern California real estate on this website and it's easy to get jaded but this Pasadena estate appears to actually be worth its astronomical price tag of $52 million except for one pretty major sticking point, it's not turnkey ready. This massive home is around 35,000 square feet and is on five acres of grounds that include European-style gardens ,topiary sculptures,stained glass domed pavillions,a secluded pond w/bridge,waterfalls,fountains,statuaries,water gardens and a Grecian-style pool with cascading spa.The home is on the site of an old Pasadena mansion built in the early 1900s which was burned to the ground in the late 1980s and then reconstructed. The original land cost $45,000 in 1913 and the house cost around $38,000 to build then which was a pretty steep sum for the time. The rebuilt home includes a library, media room, wine cellar, ball room, multiple guest suites and four grand master suites, steam room and a lap pool.

[Thanks, Joe!]