A palatial estate designed by award-winning architect Richard Landry has the hit the market for $39.8 million in Pasadena, California, making it the city’s most expensive listing to date.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

The home is listed by Sabrina Wu at Compass and Kirby Gillon, Bryce Lowe and Aaron Kirman of Aaron Kirman Group at Compass.

Source: Compass


Located 15 minutes north of downtown Los Angeles, the 4.5-acre property consists of a 16-bedroom main residence, two-bedroom guest house, and landscaped gardens.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


Three gated entrances open up to the property, with a guard house located at the main entrance.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


Designed in the Beaux-Arts style, the main residence features a low-lying roof, dramatic columns, and four wings.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


The front of the home boasts grandiose porte-cochère, or covered entryway.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


There is also an eight-car subterranean garage.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


Inside, the home features an impressive two-story foyer with a sweeping staircase as well as a ballroom, art gallery, maids' suites, and an indoor resistance pool with a spa.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


French doors open up to stone terraces and Juliette balconies with wrought-iron and gold leafing railings.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group; Diptych: Business Insider

Source: Compass


From the foyer, a path leads to a maze-like French garden with a fountain at its center.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


To the west, hedges and rose bushes wind around whimsical topiary structures, like this elephant mama and her baby.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


To the east is an Asian-inspired garden with bamboo-covered walkways and a koi pond.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


Nearby is a secluded lake with a bridge and waterfall ...

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


... as well as winding walkways interspersed with European-imported statuaries, resting areas, and meditation points.

Foto: Source: Photos: Juwan Li / Courtesy Aaron Kirman Group; Diptych: Business Insider

Source: Compass


But the property's most impressive feature might be the marble-lined Olympic-sized pool, which took over a year to build by hand, according to the listing.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass


Bordering the pool is a stained-glass dome supported by stone columns.

Foto: Source: Photos: Juwan Li / Courtesy Aaron Kirman Group; Diptych: Business Insider

Source: Compass


The home was originally listed at $52 million back in 2008, then again in 2011 for $52.7 million, according to Zillow's property records.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass, Zillow


Despite the price cut, the home still far outpaces others in the area. According to the Los Angeles Times, if sold at asking price, the home will be Pasadena's biggest deal since at least 2013, when the "Dynasty" mansion sold for $20 million.

Foto: Source: Juwan Li / Courtesy Aaron Kirman Group

Source: Compass, Los Angeles Times