Noted Musician Michael Feinstein Pays $7M for Gilded Age Landmark in Pasadena

Published: February 1, 2018 | By: American Luxury Staff

Piano man and musical historian Michael Feinstein recently purchased Pasadena’s historic Cravens Estate for $7 million. The property is the ideal residence for the man who keeps the songs of Gershwin, Rodgers and Hart and  other Tin Pan Alley greats evergreen.

After about a year on the market, Feinstein acquired the Los Angeles-area home for substantially less than its original listing price: $10.5 million. The Pasadena Pops conductor’s new digs were completed in 1930, and the home still boasts a number of well-preserved classic features.

Located in Pasadena’s Millionaire’s Row, the house was commissioned by Edison Electric Company president John S. Cravens, and cost $1.25 million to build. Fittingly, its designer was Louis P. Hobart, who was also the architect of Grace Cathedral in San Francisco.

The nearly 20,000-square-foot mansion dazzles with period charm thanks to classic elements like elaborate woodwork, an atrium skylight, six carved marble fireplaces, and even a fur vault. The home also features several of Ernest Pexiotto’s murals, which have recently undergone restoration.

The former owner is none other than the Red Cross. Sale proceeds will go straight to the organization’s office in Washington D.C.

A singular voice in American music, Feinstein has been active since the early 1980’s. In 2007, he founded the Great American Songbook Foundation, dedicated to keeping the flame of classic American songwriting burning.

3518 February 1, 2018 Real Estate February 1, 2018