Is it a castle? A gorgeous 1920′s Spanish hacienda? How about a case study house? Nope! It’s a 1970′s “alpine lodge,” according to last Sunday’s gushing Home of the Week piece in the L.A. Times. And the asking price? A mere $2,950,000. Yep, just shy of $3 mil in Silver Lake. Clearly dreams are alive and well in the City of Angels. Granted, it’s a beautifully redone alpine lodge, as the listing photos show. I’ll even give it elegant and stunning. But it’s also the most expensive listing in the area by far. Here are the other four close contenders:
A 5/5 Spanish Colonial on Micheltorena (one of my favorite streets) for $1.9 million.
A Craftsman Cottage with 4 additional rental units on for $1.6 million.
A 4/3 1920′s Mediterranean with amazing views for $1.595 million.
And this Moreno Highlands post-and-beam for $1.850 million.
So what do you think? Is it ever wise to buy the priciest house in a neighborhood?