The legendary Ronald Reagan House in the Fab 40s neighborhood of Sacramento will strike the current market at just underneath $5 million, according to listing agent Kim Pacini Hauch of RE/MAX Gold.
Ronald and Nancy Reagan rented the English Tudor-model home in East Sacramento for the duration of his phrase as governor from 1967 to 1975.
The 4-bedroom, 6-bathroom household has not been on the marketplace for 22 a long time, Hauch explained. Only 5 families have formerly lived in the lovely English Tudor-model home that is steeped in background. It sits on about a 50 percent-acre of manicured landscaping and gardens, and spans almost 7,000 square toes.
Built in 1929 for the loved ones of George Pollock, the contractor of the iconic Tower Bridge, the English Tudor-style dwelling was developed by the noteworthy Dean & Dean Architects, Hauch reported Thursday.
“This is an iconic property in Sacramento, and some may possibly argue the most iconic residential household mainly because of its affiliation to the former president of the United States,” said Ryan Lundquist, a Sacramento appraiser and housing industry analyst. “Of course, even devoid of famed occupants, the house is huge in dimensions and has about fifty percent-an-acre, so it stands out no matter what.”
In an job interview with the Sacramento Bee, Hauch touched on some of the standout features of the house.
“It’s in the most prestigious neighborhood in Sacramento, on the most iconic street in Sacramento, in the extremely greatest site on the most legendary street … in the region,” Hauch explained. “So just get started with that.”
She additional: “East Sacramento is highly sought just after, and 45th Avenue is the grand dame of genuine estate. And this is the grand dame of all households on 45th Road.“
The Reagan spouse and children moved to the breathtaking East Sacramento residence right after Nancy Reagan declared the aged governor’s mansion constructed in 1877 in downtown a “noisy firetrap,” Hauch claimed.
The residence, positioned at 1341 45th St., was thoroughly remodeled as late as 2001.
“The magnificient two-tale entry with sweeping staircase and crystal chandelier have hosted lots of occasions begging to say, ‘If these partitions could communicate,’” in accordance to a information launch on the residence.
The mansion has gorgeous craftsmanship through its classy official rooms. There are seven fireplaces, hardwood flooring, an elevator, chef’s gourmand kitchen, grand two-area learn suite, total basement with a wine cellar and a media and game space.
The house “features some of the most gorgeous finishes in the region,” the information launch mentioned. “The magical gardens and patios have hosted famous activities, group leaders and celebs above the past almost 100 decades.”
“Pristine English gardens encompass the household with a circular driveway and gated driveway to the two-vehicle garage, in addition there is an artist studio/workout place,” the information launch mentioned.
The price tag of $4.995 million makes it the most expensive listing in Sacramento.
“This price position competes with some of the greatest-revenue ever in the region,” Lundquist reported, “It would not be the highest at any time for the region. In excess of the previous two months there was a $7 million sale in Loomis and a $6.15 million sale in Granite Bay, although there have only been seven recorded revenue on MLS previously mentioned $5 million at any time. Even so, this would contend for the optimum-cost ever in Sacramento County. I am aware of only 1 other household that at any time bought at 5 million or over in Sacramento County, and that was a personal sale in Sierra Oaks Vista in 2019 — $5M just.”
The home’s significance in Sacramento and the entire world, for that make a difference, is not lost on Hauch.
“We’re talking about an global determine who markedly altered the world in so a lot of ways,” she mentioned. “When you imagine about Reagan’s accomplishments, so to have this have been his home, from 1967 to 1975. You can only think about, the strategies that have been formulated in this residence, which surely precipitated is operate for the president. So, if those walls could chat.”
The house very last marketed in 2000 for $1.765 million, according to community file.
The seller needs to continue being personal, Hauch stated, but “they are group leaders and organization homeowners below in Sacramento.”
Editor’s note: The context of Nancy Reagan’s “noisy firetrap” quote has been clarified from an previously variation of this story.
This story was at first printed June 16, 2022 5:46 PM.