Now it has new listing agents and a new asking price of $57.5 million. There is a main 9,000-square-foot house, plus a two-bedroom guest house, pool house with guest quarters and places for live-in staff to stay for a total of nine bedrooms and 14 bathrooms. Or, as appraiser Jonathan Miller refers to it: “aspirational pricing.”La Casa Pacifica Pool Toby PonnaySo with all the one-of-a-kind features, how do you come up with a price? Yet the upper limit has already been decided by virtue of it not selling for the most recent asking price of $63.5 million. Coming down to $57.5 million accounts for all of its perks but still gives it a chance to get top price.

Source: Forbes July 17, 2019 16:05 UTC