If there were a viable housing unit that you could buy for less than $25,000, it could change the marketplace. But these start at $99,000:
Category Archive: ‘Interesting Houses’
As if taken from the pages of Veranda, this extraordinary light infused masterpiece exudes warmth through the finest reclaimed and art-quality finishes. Set within the guard-gated Crosby Estates, the home enjoys serene views of the Crosby National golf course and San Dieguito Valley from the expansive outdoor areas and covered loggia. Recently completed, no expense was spared in this three year ground up new construction process.
Sommer Design appointed the interiors with Exquisite Surfaces French limestone, traditional lime based plaster walls & ceilings, hand-hewn circa 1850s beams, and steel windows. The details, from the unlacquered brass Barber Wilsons plumbing fixtures, to the stunning Lacanche range, or the hand-painted Tabarka tile, give the house an aura of authenticity.
The single level main home encompasses 4 bedrooms, 6 bathrooms, and 6,150 square feet. For guests, the one bedroom one bath casita is 640 square feet and has a large limestone terrace overlooking the reclaimed brick courtyard. Besides being stunningly beautiful, the home is incredibly smart and energy efficient, with an owned 8.5kw photovoltaic solar array and 700 square feet of pool solar heating, both tucked away from view. Control4 home automation handles the lighting, distributed video, and 14 zones of audio. The home was also certified to be 30% more efficient than the latest Title 24 requirements.
This is the best house I’ve ever had on the blog – take the full tour:
It’s only money!
San Francisco’s housing market is so out of control, the new owners of a cavernous hillside home in the city offered nearly $1 million over asking in order to pre-empt a bidding war.
1 Miguel Street went into contract after just two days on the market, closing for $2.6 million. The out-of-state buyers made the deal before any other bids were placed, according to the realtor.
This kind of over-bidding shows the extent of the housing bubble in San Francisco, where a perfect storm of demand, speculation, and exuberance drive real-estate prices sky-high.
Built in 1957, the mid-century modern home sits on an oversized lot surrounded by trees in the Glen Park neighborhood. Featuring three beds, two and a half baths, and roughly 2,040 square feet, 1 Miguel Street offers panoramic views through the floor-to-ceiling windows. Wood-paneled walls, exposed beams, and a wrap-around deck give it a distinct treehouse vibe.
The residence was a custom commission from local architect Worley K. Wong. The kitchen and bathroom went through a renovation before hitting the market, according to the listing.
Glen Park is a southern enclave of San Francisco that draws wealthy buyers because of its seclusion, picturesque streetscapes, and suburban feel. The median list price in the neighborhood is $1.8 million, and homes typically sell for 124% of the list price.
What a flip!
This sold for $4,100,000 in 2014, was rebuilt, and then sold for $10,700,000 two years later:
Good to see the listing agent back in front of the camera, doing the tour himself, rather than the pseudo-acting in recent films. Incredible property:
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:
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!