Brad and Vicki Schwartz host centennial party for Spanish Colonial Revival home

2 articles · Updated · The Wall Street Journal · May 8

The 1926 house in La Cañada Flintridge, bought in 2009 for about $2.55 million, became the area's first designated historic home in 2012.
Local interest expanded the guest list to former and current mayors and council members as the couple marked 100 years of the restored property.
Using original blueprints, they spent years preserving features including oak beams, painted ceilings and roof tiles, and now plan to downsize while staying nearby.

Is owning a historic home a priceless honor or a multi-million-dollar financial trap for its stewards?

As new housing laws clash with preservation, can California's historic neighborhoods survive the push for density?