Substantial Price Reduction: 5 Packsaddle East $3,900,000

A beautiful Rolling Hills home has been on and off the market for literally years. According to the Multiple Listing Service, it closed escrow yesterday, November 22, for a sale price of $3.9M. This is down from an original list price of $4.85M. If you would like to search MLS data on your own, we’ll be happy to set you up with a complimentary Listing Book account – just send us your email address and we’ll send you a link!

This 4,325 square foot home featured spectacular views and is located on almost 3 acres of land. A 4-stall barn is also located on the property which is on the Catalina side of the hill. The lesson here is that this is a great buyer’s market and if you’re looking to sell quickly, the importance of pricing in the context of this market cannot be over emphasized.

If you would like to view any of the 15 homes currently listed for sale in Rolling Hills, please give us a call. If you are a neighbor and are thinking about listing your home, give Clint and Mike a call at (310) 426-8811 to schedule a review of the market and hear how we’re prepared to provide you with a customized marketing plan. Or email us at RealEstatePros@PruPV.com

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