Investor Gerald Chan is the new owner of this architecturally significant home in Pasadena. The billionaire shelled out $5.08 million for The Thompson Moseley House craftsman-meets-modern which was designed by Buff, Straub and Hensman and completed, according to listing materials, in 1959.

Uniquely suited to its landscape, the home could be considered ahead of its time, a look to the near future when the ecological concerns of the counterculture would launch the first green movement in residential architecture. In any case, details in the home occasionally border on the extraordinary. The reclaimed ‘end block’ floor in the living area is a good example. It appears to be a recent addition, adding additional earthy texture and color to the spirit of the home.

The outdoor living areas are similarly striking. Landscaping capitalizes on local flora, and the forested feel of the lot, with the home’s abundant glass taking in intensely green views as well as views of the pool. A guest house and a studio complete this vision of old-fashioned idyllic California living.

Chan’s net worth is reportedly north of $1 billion.