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Designed for light Location: 295 Granada Ave., Long Beach 90803Asking price: $1,495,000Previously sold for: $1,121,500 in 2003Size: Three bedrooms, three full bathrooms and two half-baths in 4,347 square feet Lot size: 6,350 square feetAdditional features: Five fireplaces, DCS six-burner cooktop-oven, side-by-side Kitchen Aid refrigerator and a fully plumbed two-car garage with a sink, refrigerator and alley access.Around the neighborhood: Through the first three quarters of the year, 90 single-family homes sold this year in the 90803 ZIP Code, according to MDA DataQuick, at a median price of $696,000. That was a 21.4% price drop from the first three quarters of 2008. There were 88 homes listed for sale last week in 90803 at Realtor.com priced from $425,000 to $7,995,000.Listing agents: Jim and Chris Italiano, Coldwell Banker Coastal Alliance, Long Beach, (562) 961-1234

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