Saturday, January 14, 2017


Today's Best Mansion and Top  Luxury Estates in Los Angeles, Phoenix, 
San Diego, San Francisco and Seattle Listed For Sale.

The exact definition of the word "mansion" varies but in U.S. real estate terms, it generally defined as single family residence of more than 6,000 square feet. Mansion derives through Old French from the Latin word "mansio". The English word "manse" originally defined a property large enough for the parish priest to maintain himself. The word "manor" comes from the same root territorial holdings granted to a lord who would remain there. Therefore, it is easy to see how a "mansion" came to have its meaning.

Today's Best Mansion Listed For Sale    

   
#1     1006 N Rexford Drive, Beverly Hills, CA 902010 with 7 bedrooms, 7 baths, 
and 12,220 sq.ft. is listed for sale at $39,999,000


Nestled amongst the estates north of Sunset Boulevard and hidden behind centuries-old trees, the original Warner Brothers estate represents a legendary chapter in Hollywood history. The magnificent 1.14-acre landmark encompasses an elegant main residence and guest house - the once-upon-a-time home of Marilyn Monroe and many other stars. Architect Paul Williams' vision, who masterfully married French Country and Tudor elements, has been restored to the magnitude of Hollywood's greatest period.








Today's Top Real Estate News

Forget What You Know: This Year, Sellers May Benefit From Listing Early

By Jonathan Smoke
Realtor.com

Image result for sold house photos





Conventional wisdom in real estate holds that sellers should time the market to maximize their price. Why? Because home sales are extremely seasonal: They peak in spring and summer, when prices peak as well. That’s why in most markets, most years, the optimal time to list is in the spring, so that the maximum number of potential buyers view the home.
But we’re in an era in which conventional wisdom is becoming an ever-sketchier concept. So why should real estate be immune from all this topsy-turviness?

This year, the conventional wisdom of buying and selling may need to change.Inventory levels at the beginning of 2017 are at multiyear lows. Sellers now face very little competition.
Likewise, buyer demand is abnormally strong for the off-season. The climb in mortgage rates that started in October and accelerated in November and December has created a sense of urgency among buyers.

The new year is expected to bring more economic growth and even higher interest rates. And with consumer confidence at a 15-year high, buying competition is likely to get fierce.
Not everyone can move up their plans for the spring and summer; but even so, the months of winter and early spring will likely be much busier than usual. Therefore, sellers could benefit less from timing a spring listing for a summer sale this year.

But the most important reason to consider selling early this year is the same reason most people want to sell in the first place: so they can buy again. We estimate that more than 85% of sellers are planning to buy another home. The endgame is not necessarily getting the maximum price on the house being sold, but rather taking the best path to the next home.

When interest rates are moving up, waiting to sell could end up costing more than selling sooner and locking in today’s rates. Waiting to sell could also mean having to wait to buy when there are even fewer homes available.

The biggest challenge to growth in sales this winter and spring will most likely be inventory. That means that the market overall continues to favor sellers. But that won’t last forever. As rates continue to rise, higher financing costs will eventually dampen demand.

If you are thinking of selling and buying in 2017, the early bird may get the worm. And the best new nest.


Today's Top LA Luxury Estate Listed For Sale 



The median home value in Los Angeles County is $547,000. Los Angeles County home values have gone up 7.1% over the past year, Zillow predicts they will rise 2.5% within the next year.

The median home value in Brentwood is $2,493,500. Brentwood home values have gone up 10.9% over the past year.  Zillow predicts they will rise 3.7% with the next year.

The median home value in Malibu  is $2,866,200.  Malibu home values have gone up 6.4% 
over the past year.  Zillow predicts they will rise 2.0 % with the year.

The median home value in Beverly Hills is $3,033,400.  Beverly Hills hhome values have gone up 4.1% over the past year.  Zillow predicts they will rise 1.1% with the next year.

The median home value in Bel Air is $3,307,000. Bel  Air home values have gone up 5.3% over the past year.  Zillow predicts they will rise 1.8% within the next year.  

#1     1296 Monte Cielo Drive, Beverly Hills, CA 90210 with 7 bedrooms, 11 baths, 
and 13,412 sq.ft. is listed for sale at $14,995,000.


Villa Cielo is a powerful and dramatic contemporary Tuscan Villa set on park like grounds in Prime Beverly Hills. This brand new Italian Villa was constructed using the finest materials and displays unparalleled architecture, style and design. 13, 000 square feet of luxury, quality and splendor with its soaring ceilings, stunning entertaining spaces and an outdoor pavilion. This home is showered in natural light, you are greeted by a sweeping staircase leading to a total of 5BD 9BA in the main house, with massive master suite, smart home system, wine cellar, sauna, large gym, elevator and state of the art movie theater, with a detached self-contained 2BD 2BA guest house behind. With a multitude of outdoor patios and terraces overlooking the homes private grounds and inspiring pool, this property is truly one of a kind. Underground parking for 5, with foyer parking for 8, all gated within the estate.









Today's Top Phoenix Luxury Estate Listed For Sale 
.
A photo showing the skyline of Phoenix, looking north.  It shows the various buildings of the downtown area, as well as Sunnyslope Mountain in the background

The median home value in Scottsdale is $414,100. Scottsdale home values have gone up 4.0% over the past year. Zillow predicts they will rise 2.1% withiin the next year.

The median home value in Carefree is $740,800. Carefree home values have gone up 
4.3% over the past year.  Zillow predicts they will rise 2.1% within the next year.

The median home value in Paradise Valley is $1,604,500. Paradise Valley home values have gone up 2.7% over the past year. Zillow predicts they will 1.4% with the next year.
#1     6955 E Caballo Drive, Paradise Valley, AZ 85253 with 5 bedrooms, 6 baths, 
and 8,420 sq.ft. is listed for sale at $5,195,000.


This sprawling estate is truly stunning! It's as unique as it is extraordinary with amazing design elements and lavish finishes. Thoughtfully designed by renown architect, George Christensen, and built by the highly acclaimed Desert Star Construction, it's no surprise that quality and character ooze from every corner. The magnificent chef's kitchen has every imaginable amenity, the regal dining room exudes elegance, the office is absolutely exquisite, the glamorous master retreat is perfect, and the guesthouse is fantastic! The impeccable grounds offer a gorgeous pool, spa, sport court, beautiful fountains and an absolutely spectacular golf course view. This luxurious estate is the essence of class and sophistication!









    

Today's Top San Diego Luxury Estate Listed For Sale


The median home value in San Diego County is $526,500. San Diego County home values have gone up 6.1% over the past year. Zillow predicts they will rise 2.0% within the next year.

The median home value in La Jolla, 92037 is $1,483,400. La Jolla, 92037 home values haTve gone up 4.4% over the past year.  Zillow predicts they will rise 1.5% within the next year.

The median home value in Solana Beach 92075 is $1,273,700. Solana Beach 92075 home values have gone up 5.3% over the past year.  Zillow predicts they will rise 2.7% within the next year.

The median home value in Del Mar 92014 is $1,633,400. Del Mar home values have gone up 7.6% over the past year.  Zillow predicts they will rise 2.4% with then next year.

The median home value in Rancho Santa Fe is $2,638,300. Rancho Santa Fe home values have declined -5.1% over the past year and Zillow predicts they will fall -1.9% within the next year.   

 #1      6103 Avenida Picacho, Rancho Santa Fe, CA 92067 with 6 bedrooms, 8 baths, and 11,000 sq.ft. is listed for sale at $10,000,000.

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 1

Fairbanks Ranch Grand Estate - nearly 11,000 Sq Ft, spanning 9.6 acres on highest lot in Fairbanks with park-like settings resort style. Gated within gated community. Entry bridge with water feature, your own private bass-stocked lake with dock. House consists of 5 bedrooms, huge master suite, 2 separate guest houses (one with kitchen), dramatic entry, formal living, grand great room, gourmet kitchen, office, 65 ft free form pool, 15 waterfalls with river runs to lake, private tennis court, 5000 sq ft decks.

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 4

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 6

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 7

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 9

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 11

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 13

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 19

6103 Avenida Picacho RANCHO SANTA FE, CA 92067 - Photo 21


Today's Top San Francisco Luxury Estate Listed For Sale


Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,132,300. San Francisco home values have gone up 1.3% over the past year.  Zillow predicts they will fall -0.3% within the next year.

The median home value in Sausalito is $1,246,200. Sausalito home values have gone up 4.4% over the past year. Zillow predicts they will rise 0.5% within the next year. 

The median home value in Tiburon is $2,433,900. Tiburon home values have gone up  1.1% over the past year.   Zillow predicts they will rise 0.4% within the next year. 

The median home value in Saratoga is $2,367,800. Saratoga home values have gone up 0.9% over the past year.  Zillow predicts they will fall -0.5% within the next year. 

#1     1750 Taylor Street #805, San Francisco-Russian Hill, CA 94133 with 4 bedrooms, 5 baths, and 3,304 sq.ft. iss listed for sale at $7,695,000.


..

Reimagined co-op with Gorgeous 270-degree panoramic views of the Bay, Alcatraz, Bay Bridge, Coit tower and Nob Hill unfold from this spacious half floor home in one of San Francisco's most iconic buildings. This is a rare offering of one of Russian Hill's most magnificent residences at the Royal Towers, originally designed by famed designer Orlando Diaz, updated by KAG Designs and Huang Iboshi Architects.This home combines stunning views, ideal design, contemporary aesthetic and convenience seldom found in city living. Four bedrooms, four and a half baths, living room, dining room, kitchen, library and butlers pantry make this an ideal home for gracious San Francisco living.









Today's Top Seattle Luxury Estate Listed For Sale

Image result for Seattle

The median home value in Kirkland is $595,500.  Kirkland home values have gone up 14.5% over the past year.  Zillow predicts they will rise 6.0% within the next year.

The median home value in Seattle is $612,400. Seattle home values have gone up 13.3% over the past year. Zillow predicts they will rise 5.9% within the next year.

The median home value in Bellevue is $744,800. Bellevue home values have gone up 13.3% over the past year. Zillow predicts they will rise 5.5% within the next year. 

The median home value in Clyde Hill is $2,219,500. Clyde Hill home values have gone up 12.1% over the past year. Zillow predicts they will rise 5.4% within the next year 

The median home value in Medina is $2,357,000. Medina home values have gone up 
11.6% over the past year and Zillow predicts they will rise 5.0% within the next year.   

#1     1217 Williard Avenue W, Seattle-Queen Anne, WA 98119 with 2 bedrooms, 
3 baths, and 3,050 sq.ft is listed for sale at $3,150,000.


The quintessential NW modern townhouse as interpreted by renowned architect Ralph Anderson. Situated next to Parsons Gardens, this private enclave frames stunning views over Elliott Bay, Puget Sound and the Olympic Peninsula through its carefully edited vertical windows. The home has been meticulously refined to embody the ultimate in contemporary comfort and convenience (incl elevator) while adhering to its original architectural program, and conveys a sense of understated opulence in every detail.


















Thanks for reading today's Blog.  Looking for more information?  Have a comment?  Please call, text or email me.  Most importantly, have a great day!

Tom

www.laluxuryrealestateupdates.com

www.phoenixluxuryrealestateupdates.com
www.sandiegorealestateflashreport.com
www.sanfranciscobayarealuxuryrealestateupdates.com
www.sealttleluxuryrealestates.com
www.todaysbestmansionsforsale.com


Tom Furino
Phone/Text 619-944-8749
email: furtree@msn.com