Archive for May, 2011

Ross estate sells for $8.75m

Tuesday, May 31st, 2011

This outstanding 8,000 sq.ft. Ross estate on 5 acres of sprawling land in Ross’ stunning Gold Coast sold in just 21-days for $8.75 million.

$8,750,000

12 Canyon Rd

Ross, CA

8 beds, 7.5 baths

8000 sqft, 2006 year

Originally listed for $9,995,000, this 8,000 sq. ft. Ross estate on 5 acres was completed just two years ago with stunning, timeless designer finishes throughout. The shingle & stone residence includes a sweeping level lawn, outdoor fireplace, pool, spa, cabana and guest accommodations. Just 2 blocks off the highly desirable flats of Ross in an area surrounded by multi-million dollar estates.

Spanish colonial revival estate

Saturday, May 28th, 2011

This spacious and private 5,094 sq. ft. Spanish colonial revival estate has been gracefully interpreted to suit today’s modern lifestyles.

$4,200,000

417 Sausalito St

Corte Madera, CA

4 beds, 3.5 baths

5094 sqft, 2001 year

More Info >>

This one-of-a-kind, gated Corte Madera estate features four bedrooms, 3.5 baths, a beautiful flagstone courtyard, generous level lawn and lushly landscaped grounds, vaulted ceilings, concrete floors and designer finishes, as well as a separate studio, three-car garage, legal apartment and more.

Mortgage rates ease for 6th week

Thursday, May 26th, 2011

Fixed mortgage rates eased slightly to an average of 4.6 percent from the previous week amid reports of slower economic activity.

Freddie Mac today released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage (FRM) averaged 4.6 percent with an average 0.7 point for the week ending May 26, 2011, down from last week when it averaged 4.61 percent. Last year at this time, the 30-year FRM averaged 4.84 percent.

Frank Nothaft, vice president and chief economist at Freddie Mac, reports, “U.S. house prices indexes may be nearing a bottom soon. On a national basis, prices fell 0.3 percent between February and March, which was the smallest decline since November 2009, according to the Federal Housing Finance Agency. In addition, four of the nine Census Regions exhibited positive growth, compared to none in February. Separately, the Mortgage Bankers Association reported a further reduction in the serious delinquency rate (90 or more days plus foreclosures) in the first quarter, which stood at the lowest reading since the second quarter of 2009.”

Mortgage Rates 5-26-11
Primary Mortgage Market Survey [Freddie Mac]

Choosing your Marin Dream House

Tuesday, May 24th, 2011

There’s a lot to think about when it comes to buying your dream home. Every decision, small to large, is important! Let’s look at a list of common issues that homebuyers face when shopping for a new home.

1. Neighborhood: Deciding on what neighborhood you desire can be tricky. You must consider your wants and needs carefully. They vary by person. Do you have children and need to live within the boundaries of a specific school district? You might want a short commute, a neighborhood with historic homes, or homes that are within walking distance to restaurants and night life.

2. Square footage: What size of home fits your needs? The average home in the United States is 2,195 square feet. Thirty years ago the average size was just 1,645. The trend has been for larger homes, with special purposes like exercise rooms, offices, studies and media rooms. This trend is now receding.

3. Floorplan: Architectural styles in Marin County offer a wide range of choices! Open floor plans might appeal to you, with their great flow for entertaining. Or you may have a more traditional aesthetic, preferring cozy rooms. Think about how you live your life and what style best fits your needs.

4. Finishes: There are huge differences in the grades of homes in Marin. You can find a wide range of finishes from beautifully remodeled kitchens with granite counters, to various types of hardwood flooring and green building materials. Some are remodeled, many are not. These choices can dramatically affect price.

5. Amenities: Our homes extend past the borders of our property. We live in the parks, shopping and restaurants that surround us. Be sure to think outside the “box” of your house when you buy.

6. Landscaping: A large yard can mean lots of entertaining potential, but it can also mean a lot of work. Be sure to consider your needs now and down the road when it comes to yard maintenance. Many homebuyers prefer a townhouse or condo for this reason. These options afford buyers with much less responsibility!

Be sure to discuss all of these topics with your Marin real estate agent. He/she can help you decide on a happy compromise among the long list of choices. They’ll also help you know what items on your wish list you can get in your price range.

Good luck on your Marin dream house search!

Boater’s dream waterfront Tiburon villa

Friday, May 20th, 2011

Unbeatable luxury beachfront Tiburon villa with over 5,100 sq. ft. on 2.2 acres including boathouse, ramp and Four Seasons-like ambiance.

$3,895,000

4992 Ranch Rd

Tiburon, CA

5 beds, 4.5 baths

5128 sqft, 2001 year

More Info >>

Complete transformation of this outstanding beachfront Tiburon villa with great scale throughout. Ideal floor plan that offers 5 bedrooms, 4.5 baths, stunning execution of design with high-end finishes and the extensive use of stonework. Total indoor/outdoor living on 2.2 acres with pool, spa & multiple level areas.

Country Club knoll top oasis

Tuesday, May 17th, 2011

This remodeled four bedroom San Rafael home in the highly sought-after Country Club neighborhood is a private oasis only minutes to all conveniences.

$1,727,000

161 Deer Park Ave

San Rafael, CA

4 beds, 4 baths

2655 sqft, 1949 year

More Info >>

A private knoll with glorious views spanning from Mt. Tam across the Bay & Richmond Bridges is the setting for this amazing 1+ acre, mostly level Country Club estate. The award winning single-story architectural home has walls of glass framing vistas, opening to the stunning patio with pool and separate cabana/cottage.

Greenbrae view home, $1.495 million

Friday, May 13th, 2011

One of very few remodeled Greenbrae homes of this size offering south facing grounds with stunning Mt. Tam views, solar heated pool & deck.

$1,495,000

15 Corte Patencio

Greenbrae, CA

5 beds, 4.5 baths

4950 sqft, 1955 year

More Info >>

Exceptional Mt. Tam view home not on the market in 30 years. Updated & expanded during ownership, architecturally interesting with large sunny rooms and most showcasing stunning views. Generous rooms, tons of storage space, separate laundry room, large lot affords privacy around in-ground solar heated pool & patio.

Marin home prices, sales fall in April

Wednesday, May 11th, 2011

Marin home prices down 3 percent last month over previous month, the number of home sales declined 11 percent during the same period.

Prices of single-family homes were down 3.3 percent in April compared with March, according to BAREIS MLS® – the Marin MLS provider. Of the 13 cities we track, five posted decreases, with an average home price of $1,007,032 for Marin County. The pace of home sales was off 11 percent for the same period.

Marin home prices were down 13.2 percent in April compared with the same month last year. During the same period, the number of Marin home sales was about the same, 156 last month vs. 160 in April 2010.

While prices were down for April, we expect Marin home sales to continue improving for 2011, but not every month will show a gain. The good news is there definitely has been more activity this year since about the second or third week of January – more people at Sunday open houses and even more inquiries about properties. I think Marin homebuyers are seeing there is a window of affordability that people haven’t seen before, with prices down and interest rates still below 5 percent.

Market Report 5-12-11

Hot new Marin homes for May

Tuesday, May 10th, 2011

We track all the new Marin homes for sale, and feature the top properties on the market in Marin County. Here’s the hot new Marin homes…

1. 263 W Baltimore Ave, Larkspur

$1,599,000

3-bedrooms, 3.5 baths

2450 sqft, 1908 yr

Luxuriant 3-bedroom, 3.5 bath Larkspur home offers redwoods, sun and level lawn. Extensive remodel w/ timeless appeal & modern amenities. Great care taken to preserve the architectural integrity of this finely crafted home… More Info >>

2. 66 Walnut Ave, Mill Valley

$2,799,000

5-bedrooms, 3 baths

3187 sqft, 1983 yr

Beautifully designed Mill Valley home with all day sun in very desirable Tamalpais/Sycamore Park neighborhood. On level lot with mature gardens, terrific front & back lawns, 5 bedrooms, 2 family room areas, office… More Info >>

3. 41 Sir Francis Drake Blvd, Ross

$1,629,000

4-bedrooms, 2.5 baths

2835 sqft, 1948 yr

Quintessential California indoor/outdoor living on level, gated, private and professionally landscaped +/- half acre. Quiet, light-filled rooms open to vast lawn, sparkling pool, Ipe deck & bluestone/slate patios. Recently renovated… More Info >>

4. 11 Glen Ct, Sausalito

$1,475,000

3-bedrooms, 2 baths

2278 sqft, 1919 yr

Classic 1920’s Brown-shingle Sausalito remodel with walls of glass capture striking SF Bay, Marina & Mt Tam views! 3 Beds, 2 baths plus den/study, formal living, kitchen + fam w/ fireplace & wet bar, guest suite. Highly sought… More Info >>

5. 98 Red Hill Cir, Tiburon

$1,795,000

3-bedrooms, 2.5 baths

2392 sqft, 1971 yr

This newly remodeled, contemporary home boasts 3 bedrooms, 2.5 baths and sweeping views of San Francisco… perfect for watching America’s Cup from the living and master bedroom. It doesn’t get better than this!! Located… More Info >>

Star of the Sea Church now $2.395m

Friday, May 6th, 2011

The old Star of the Sea Church was converted to a magnificent single-family residence a few decades ago with gated entry, tropical grounds and lush landscaping.

$2,395,000

190 Harrison Ave

Sausalito, CA

4 beds, 3.5 baths

6300 sqft, 1957 year

More Info >>

Originally listed for $5,200,000, this architecturally dramatic conversion of the former Star of the Sea Church sits on a fabulous street-to-street lot in the heart of the Banana Belt. Two towers housing bedroom suites connected by one extraordinary great room with soaring ceilings & spacious loft living room. Gated entry, tropical grounds with lush landscaping, rose gardens, patios & terraces. Wonderful Bay & Harbor views, library currently used as an office with separate entrance, 3 car garage.