There Will Be Equity

As far as investments go, real estate still tops the charts, and you can’t do better than buying into something both historical and architecturally elegant. Consider oil tycoon Charles Canfield’s famous Del Mar Estate, the Canfield-Wright House, which has recently gone up for sale. Built in 1911 as a second residence for Canfield, the house was originally designed by architect John C. Austin, drawing from both Spanish style and Italian influence with a full view of the Pacific Ocean.

Canfield, who spearheaded the first successful drilling in Los Angeles in 1892, was also instrumental in establishing Beverly Hills and then later Del Mar. He’s also the influence for the Academy-Award winning film, There Will be Blood. The Canfield-Wright House is listed on the National Registry of Historic places and offers over 10,000 square feet of living space now restored to its original grandeur under the direction of architect Douglas Mansfield. Private viewings and further information are available from Laura Barry (858.756.2266, laura@barryestates.com)

Source: Ranch & Coast Magazine