Thursday, April 8, 2010

Pasadena Pegfair Estates

This week I looked at a 3 bed/3 bath home in Pegfair Estates that is currently listed for $1,098,000. This home opens up beautifully to the pool/spa and has lovely views of the foothills.  Although it does need some updating the open floorplan would be a lovely setting for entertaining. According to the National Register of Historic places, Pegfair Estates is a grouping of 25 custom-designed single family houses built between 1961 and 1967. All of the houses are designed in the Modern Ranch style and many have Asiatic features, including houses designed by Neptune & Thomas and Heitschmidt & Thompson.

"Pegfair", the 70 year old Pasadena landmark, was previously owned by Hugh Hefner's former longtime girlfriend, actress/singer Barbi Benton, and her husband, George Gradow. In 2000 the couple sold the 5.27 acre estate for $4.5 million, which was a city record at the time.
The original owner Margaret Dumm named the Pegfair Estate as a take-off on "Pickfair," the famous Mary Pickford/Douglas Fairbanks home in Beverly Hills. In 2003 it sold again for $5.5 million. For more information about 1570 Pegfair Estates Dr or the Pasadena Pegfair Estates give me a call today (818) 790-7325.

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