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Category Archive: ‘Interesting Houses’

More Insanity

Hat tip to Richard for sending this in…..how much more can buyers take?

A house in Sunnyvale just sold for close to $800,000 over its listing price.

Your eyes do not deceive you: The four-bed, two-bath house — less than 2,000 square feet — listed for $1,688,000 and sold for $2,470,000.

“I think it’s the most anything has ever gone for over asking in Sunnyvale — a record for Sunnyvale,” said Dave Clark, the Keller Williams agent who represented the sellers in the deal. “We anticipated it would go for $2 million, or over $2 million. But we had no idea it would ever go for what it went for.”

This kind of over-bidding is known to happen farther north in cities including Palo Alto, Los Altos and Mountain View. But as those places have grown far too expensive for most buyers, future homeowners have migrated south to Sunnyvale, a once modest community that now finds itself among the Bay Area’s real estate hot spots.

Close to tech employment centers, it makes for a convenient commute — and prices there, too, are now pushing the limits of middle-class buyers. The house that sold for $782,000 over asking in Sunnyvale — it’s on Prunelle Court — is about a mile from Apple’s new spaceship campus.

The buyers, who work in tech, had been hunting for a home for a while — but kept getting out-bid, said Mini Kalkat, the Intero agent who represented them: “They lost two before they bid on this one, so we kind of knew what the numbers would be. It’s a crazy market, but there’s a way to maneuver the market.”

The property is one of more than 50 South Bay homes that sold in the last month for at least $200,000 above the listing price. More than half of those deals were made in Sunnyvale. Others were made in Cupertino, Saratoga and West San Jose, according to Alain Pinel agent Mark Wong. He compiles a monthly list of such “over-asking” transactions.

Over-asking sales are at least partly the result of agents’ sleight of hand. It’s become common strategy to list homes under their market value in order to entice Silicon Valley buyers; they are all too willing to fight over the few houses available in this chronically tight market.

Read full article here:

http://www.mercurynews.com/2017/09/12/now-this-is-ridiculous-782000-over-asking-for-a-house-in-sunnyvale/

Posted by on Sep 13, 2017 in Frenzy, Interesting Houses, Jim's Take on the Market, Market Conditions | 8 comments

Kayla’s Trendy Tuesday

Jay Gatsby’s Mansion is FOR SALE!

One of my most favorite books of all time is The Great Gatsby.  When it turned into a motion picture with another one of my favorites, Leonardo DiCaprio, I became even more in love!

In 2015, the mansion that inspired Gatsby’s home became for sale! I thought…YES! But then I saw the price tag of $100 million and was a little discouraged – I need to sell more houses!

This mansion boasts 18 bedrooms, 2 separate guest homes, indoor pool, a bowling alley, a shooting range, and a casino! Unfortunately at the end of the dock you will not see Daisy Buchanan’s green light, but the New York City skyline instead! Not bad!

Here’s a link with photos to see more! The house is now down to $85 million!

http://www.housebeautiful.com/design-inspiration/real-estate/news/a8407/great-gatsby-mansion-for-sale/

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Posted by on Sep 12, 2017 in About Kayla, Interesting Houses, Trendy Tuesday | 0 comments

Bel Air

Even the rich and famous have trouble buying a home….

LINK

The “will they or won’t they” debate is over: Jay-Z and Beyonce have finally bought a home in L.A.

Sources not authorized to publicly comment on the sale have confirmed that the rapper/hip-hop magnate and his superstar wife have closed on a modern mansion in Bel-Air. The purchase price is said to be $90 million, though the sale has not yet been recorded in the public record.

Completed this year, the sprawling showplace comprises six structures with approximately 30,000 square feet of interior space. Expansive patios and terraces create an additional 10,000 square feet of living space outdoors.

Amenities include spa and wellness facilities, a media room and four outdoor swimming pools. Glass-walled common areas open on two sides to enjoy panoramic views. The pocketing glass doors and windows are bulletproof.

Also within the approximately two-acre compound is a full basketball court and separate staff quarters. There is garage space for 15 vehicles as well as a motor court and an area for staff parking.

The home was developed by Dean McKillen, the son of Irish billionaire and property investor Paddy McKillen, who four years ago purchased the property through a corporate entity for $15 million.

The new development was never publicly offered for sale, but carried an asking price of $135 million, according to real estate sources.

The purchase finally puts to bed years of rumor and speculation connecting Jay-Z and Beyonce to other luxury homes across Los Angeles’ Westside. Among the couple’s purported misses was L.A.’s “most extreme home,” which sold to Minecraft creator Markus Persson for $70 million, and a modern Holmby Hills estate that they once paid $200,000 to lease for a month.

Once recorded, the $90-million transaction will be the highest this year in Los Angeles County, besting the $85-million sale of David Geffen’s compound in Malibu. It will also tie last year’s sale of storied Owlwood for the third-most expensive historically in the L.A. area.

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Posted by on Aug 19, 2017 in Interesting Houses, Jim's Take on the Market | 2 comments

$24,000,000

High-quality video with no talking, just eye candy:


This contemporary house overlooks the Santa Ynez Mountains and Toro Canyon Park in Santa Barbara County. The living room and kitchen share the same space, and glass sliders open up to outdoor sitting areas.

Perched high in the foothills of the Santa Ynez Mountains and surrounded by the peaceful sylvan setting that is Toro Canyon Park, this incomparable 40+/- acre estate seems a world away yet is mere minutes from all the wonderful amenities of nearby Montecito and Santa Barbara. The over 6000 sq. ft. main residence, its 2-bedroom guest house and multi-room cabaña were designed by award-winning architect Andy Neumann, and constructed to exacting detail and with use of the finest custom materials by master builders and craftspeople. A stunning example of Modernism, the structures combine functional minimalism with expanses of retractable and Vitrosca Invisible Wall glass; focusing attention on the surrounding natural spectacle. The dramatic walls of glass along with walnut floors and cabinetry, and freestanding walls of precisely cut native sandstone deliver instant notice that this is a very special home. There are rooms where those stone walls embrace tastefully embedded fireplaces that, in turn, cast playful reflections on the nearby glass. The finest modern amenities and details embellish the home and add to its aesthetic, practical, and romantic value. Many refer to this home as the most beautiful modern home, on the most beautiful lot, in all of Santa Barbara.

https://www.zillow.com/homedetails/(Undisclosed-Address)-Carpinteria-CA-93013/2094849563_zpid/

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Posted by on Aug 4, 2017 in Interesting Houses, Jim's Take on the Market | 1 comment

Oakland Modern

This two-level family home in Oakland opens up to reveal spectacular uninterrupted views of the San Francisco Bay and both bridges.  Located high on a mountain range, the original house was re-built after it was destroyed during a fire storm.

The ceiling continues through to the living room, that features a hanging fireplace.  From this angle, you can see that the sliding glass doors pocket into the wall with the TV.

http://www.contemporist.com/ceiling-house-echoes-shape-of-hillside/

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Posted by on Jul 28, 2017 in Interesting Houses, Jim's Take on the Market | 3 comments

Mid-Century Modern For Sale

The homeowner/agent Keith has been running a great blog for years now on mid-century modern homes around San Diego – I appreciate fellow bloggers!

http://www.modernsandiego.com/

From the MLS:

Widely published, the Bobertz House by Craig Ellwood & Associates has been recognized as one of the most important post-War residential designs in all of San Diego County. For sale publicly for the first time since 1967, The Bobertz House has been documented throughout its path to restoration. A likely candidate for Historic Designation and The Mills Act, this home uniquely defines Southern California indoor-outdoor living. This home speaks to those longing to recapture mid-century modern living.

More photos here:

https://www.zillow.com/homedetails/5503-Dorothy-Dr-San-Diego-CA-92115/52518067_zpid/

Asking price is $800,000.

Posted by on Jul 26, 2017 in Interesting Houses, Jim's Take on the Market | 1 comment

Mission Bay

Finally something will be done with this building! Hat tip Keith:

Architect Dick Lareau studied under sculptor John Dirks and painter Jean Swiggettat while attending San Diego State College prior to transferring to Cal/Berkeley. Following his return to San Diego, Dick started his professional career in the office of Kitchen & Hunt and later for Paderewski, Mitchell & Dean until he opened his own office on 6th Avenue in 1957. Over the years, Mr. Lareau built a successful practice – often noted for the designs for the Cal Western campus (later Point Loma Nazarene). Mr. Lareau will speak on his career and experiences on Thursday, November 16th at the Point Loma Assembly from 5-7pm.

It was recently announced that Lareau’s Mission Bay Visitors Information Center (1969), which for decades welcomed tourists and locals, “…will be transformed into a casual restaurant with outdoor dining, plus beach and bike rentals,” according to the UT. Following San Diego City Council approval of a new long-term lease with San Diego-based Playground Concepts, the 2.6-acre city-owned site on East Mission Bay Drive will be renamed Shoreline Mission Bay.

Posted by on Jul 20, 2017 in Interesting Houses, Jim's Take on the Market | 0 comments

Frank Lloyd Wright – Wisconsin Tour

A fascinating blog post of a tour of FLW’s work in Wisconsin:

I was contacted by Travel Wisconsin, and invited to come out to their beautiful state to spend a week on the Frank Lloyd Wright Heritage Trail, to celebrate Mr. Wright’s 150th Birthday. Wright is from Wisconsin, of course, and many of his most iconic works are located there. It was an offer that was to good to pass up. I’ve travelled around the world, but I’ve never been to Wisconsin. And while I had been in some FLW homes and buildings, getting a chance to see mythical places like Taliesin and the Johnson Wax Factory in person was a dream come true. It was also a chance for me to take a fresh look at an iconic architect I thought I already knew well. It was one of the best weeks I’ve every spent – a truly once-in-a-lifetime experience.

Read full article – with many photos – here:

http://modernistarchitecture.blogspot.com/2017/06/rediscovering-frank-lloyd-wright-in.html#more

Posted by on Jul 18, 2017 in Interesting Houses, Jim's Take on the Market | 0 comments