November 28, 2007

Ritz No More, Homes Still Expensive In The Oak Knoll

Pasadena’s Ritz-Carlton Hungtington, acquired approximately one month ago by a Hong Kong firm, will be known by its new, less-hyphenated name, Langham, Huntington Hotel & Spa come January.

Homes in the area? Still bloody expensive. “Why stay at a luxury hotel when you can live in one?” might be the question you ask once you move in to this 15-room/17-bath, 31,415 square-footer for the low, low entry price of $52 million. Time to apply for that super-mega-jumbo loan.

This and other millionaire digs currently on the market in the neighborhood for you to ponder:

1288 S Oakland AVE
$52,000,000 (Redfin Savings: $1,040,000!)
Beds: 15 / Baths: 17
SQ.FT.: 31,415
$/SQ.FT.: $1,655

2 Oak Knoll TER
$21,500,000
Beds: 9 / Baths: 8
SQ.FT.: 37,000
$/SQ.FT.: $581

1151 S El Molino AVE
$3,750,000
Beds: 5 / Baths: 4.25
SQ.FT.: 5,642
$/SQ.FT.: $665

950 Old Mill RD
$2,450,000
Beds: 4 / Baths: 4
SQ.FT.: -
$/SQ.FT.: -