Ronald Reagan’s Pacific Palisades Home Goes on Sale

Real Estate News Published January 14, 2013 By Eric Dale

A little slice of Americana comes up for grabs as Ronald Reagan’s Pacific Palisades home hits the market.

Built for Reagan in 1955 by GE, the house was an example of GE’s state-of-the-art, energy-saving products, and was the California actor’s primary residence until he assumed the presidency and moved to the White House in 1981. Over the years the home has not only collected history, but dignity, exclusivity and value.

Priced at $4.999 million, the 4,764 square-foot house is certainly a prime piece of real estate. In 1957, Pacific Palisades was not the developed residential community that it is today, and the Reagan home was one of its first star homes in the area. Since then Pacific Palisades has been significantly developed into one of the most exclusive residential neighborhoods in Los Angeles, CA.

Despite this, the Reagan home retains its original 1950’s feel, tucked away behind guarded gates and private drives. “It’s in the best part of Pacific Palisades with sweeping vistas that extend from the city to the ocean,” said Sally Foster Jones of Coldwell Banker.

As the primary abode of one of America’s most famous and influential individuals, the real value of this house is realized in its unique place in American history. To see photos of the property, check out Zillow’s article.

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Eric Dale

Eric M. Dale has actively been involved in financing and investing for over 20 years. As the CEO of Capital Funding Corporation he has personally completed over $5 Billion in transaction funding and has consulted on numerous projects surrounding real estate and oil and gas.