Saturday, June 24, 2017


Today's Best Mansion: It's lavish. It's huge. It's grand. It's
 expensive.


#1      2955 East Valley Road, Montecito, CA 93108 with 3 bedrooms, 6 baths and 8,240 sq.ft. is listed for sale at $40,000,000.



A once in a lifetime opportunity and breathtaking views of ocean and mountains greet you upon arrival to this extraordinary, contemporary estate nestled in the hills of Montecito. This approx. 8.24 acre property features quintessential California indoor/outdoor comfort and luxurious Balinese and Asian-influenced design.Torii gates invite you across an expansive koi pond to the front entry where, through a glass wall the heart of this remarkable residence, the Great Room, is seen. The interior wall finish, replicated from the Getty Museum in Los Angeles, was achieved through a meticulous, hand-crafted process involving six layers of sand and plaster.The immense, south-facing glass doors slide away, opening to a veranda with a gas fire pit table, dining area and panoramic vista stretching nearly 50 miles along the coastline. The grassy lawn leads to a one of a kind basalt pebble infinity pool that blends seamlessly into the ocean view.The Great Room flows into a gourmet kitchen, complete with a large family island using Richlite, a unique, eco-friendly material, as its countertop. The clean lines of the custom cabinetry are complemented by the honed basalt countertops that line the perimeter, tying into the stone used throughout the house.The main corridor of the home stretches east and west. Distinct living quarters on each end of the residence offer both privacy and commanding views of the magnificent landscape. The Master Suite wing, which can be closed off by open-grid sliding doors, is located off one of these spaces.A cabana including an exercise facility with changing area and shower/steam combination near the pool and a detached office can also be found on the property. There is a guest house comprised of two bedrooms with en-suite bathrooms and a great room opening to a full kitchen and private garden. One final feature is the included adjacent property which has its own individual residence available for the use of domestic staff or family.















Today's Top LA Luxury Estate 


The median home value in Los Angeles County is $566,400. Los Angeles County home values have gone up 6.7% over the past year, Zillow predicts hey will decrease (-2.2%) within the next year.

    The median home value in Brentwood, 90049 is $2,425,700. Brentwood home values have gone up 3.0% over the past year.  Zillow predicts they will decrease (- 3.0%) within the next year

      The median home value in Malibu is $2,885,000.  Malibu home values have gone up 4.6% over the past year.  Zillow predicts they will decrease (-2.7%) within the year.

      The median home value in Bel Air, 90077 is $3,264,800  Bel  Air home values have gone up 0.5% over the past year.  Zillow predicts they will go down  (-3.8%) within the year.

      The median home value in Beverly Hills 90210 is $4,893,900.  Beverly Hills home values have gone up 0.4% over the past year.  Zillow predicts they will decrease (-2.4%)  within the next year.

      #1      1006 Lexington Road, Beverly Hills, CA 90210 with 7 bedrooms, 12 baths 
      and 16,400 sq.ft. is listed for sale at $32,000,000.



      This newly constructed estate is a triumph with incredible custom design elements throughout. A stunning courtyard leads to a light-filled atrium with a retractable glass ceiling and marble arches. Vanishing pocket doors beyond grand-scale living spaces lead to phenomenal outdoor areas. A luxurious master suite boasts dual bathrooms and showroom closets. A lower level holds a theater, auto gallery, gym and staff quarters. A park-like backyard showcases a resort-caliber pool, spa and cabana.

      Property Image Of 1006 Lexington Rd In Beverly Hills, Ca



        Image result for 1006 lexington rd, beverly hills, ca 90210 photos

        Property Image Of 1006 Lexington Rd In Beverly Hills, Ca

        Property Image Of 1006 Lexington Rd In Beverly Hills, Ca

        Property Image Of 1006 Lexington Rd In Beverly Hills, Ca

        Property Image Of 1006 Lexington Rd In Beverly Hills, Ca

        Today's Top Phoenix Luxury Estate  

        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 $421,200. Scottsdale home values have gone up 2.8% over the past year.  Zillow predicts they will decrease (-2.7%) within the next year. 

          The median home value in Carefree is $751,100. Carefree home values have gone up 3.6% over the past year.  Zillow predicts they will decrease (-1.7%) within the next year.

          The median home value in Paradise Valley is $1,611,700.  Paradise home values have gone up 1.0% over the past year. Zillow predicts they will decrease (-2.8%) within the next year.

          #1      21455 North 81st Street, Scottsdale, AZ 85255 with 3 bedrooms, 6 baths, 
          and 5,381 sq.ft. is listed for sale at $2,100,000.


          Outstanding home in Grayhawk Serenity. Owned by an interior designer, over the top details show throughout in this totally updated & expanded home backing the golf course. 3 Bed & 3 Bath + 2 half bathrooms w/ separate guest house. Formal living room & den plus 2 family rooms and separate office. 3 fireplaces plus 3 fire features in the backyard as well. Master bedroom has a sitting area with backyard access, the master bath includes his & her closets, separate commodes and private patio w/ water feature. Professional kitchen & appliances will impress any chef. 3 car garage & circular paver driveway. Backyard spares no expenses in hardscape, outdoor kitchen, misters or pebble-tec pool. This is an ideal lock and leave home for the part time resident or anyone who loves to entertain. 

















          Today's Top San Diego Luxury Estate 


          The median home value in San Diego County is $543,400. San Diego County home values have gone up 5.7% over the past year. Zillow predicts they will remain even 2.4% within the next year.

            The median home value in La Jolla, 92037 is $1,476,600. La Jolla, 92037 home values have gone up 1.1% this past year.  Zillow predicts they will decrease (1.2%) within the next year.

            The median home value in Solana Beach 92075 is $1,284,100. 
            Solana Beach 92075 home values have gone up 5.3% this past year. Zillow predicts they will rise 1.6%% within the next year.

              The median home value in Del Mar 92014 is $1,615,300 Del Mar home values have gone up 3.2% over the past year.  Zillow predicts they will decrease (0.6%) within the next year.

              The median home value in Rancho Santa Fe is $2,593,300. Rancho Santa Fe 
              home values have declined -(2.9)% over the past year and Zillow predicts they will decline -(3.7)% within the next year.


              #1       16756 Los Morros, Rancho Santa Fe 92067 with  7 bedrooms, 10 baths, 
              and 9,170 sq.ft. is listed for sale at $5,650,000.



              Exceptionally private, dramatically styled and timelessly appealing, this awe-inspiring custom estate, ideally located in Rancho Santa Fe's highly sought-after West Covenant, impresses at every turn. Old World Mediterranean themes are infused with striking contemporary design cues that distinguish enormous main living areas with 2-story ceilings, walls of windows, a circular staircase that leads to a spectacular mezzanine, inlaid natural stone and wood flooring, and extensive leaded-glass windows. A quartet of ensuite bedrooms is featured on the first floor with 3 more upstairs, 8 full and 2 half-baths are displayed, trompe l'oeil ceiling murals adorn select rooms, a detached guest house features an attached spa with sauna and steam shower, and a great room with pub bar includes 3 large-screen HDTVs, a 40-bottle Viking wine refrigerator, and a Hoshizaki ice machine. Five fireplaces, 3 of which are double sided, warm formal and casual areas of the home, which also presents a 525-bottle climate-controlled wine cellar, an office with pool access, and a chef's kitchen with rotunda breakfast room, large island, 2 dishwashers, a Viking steam unit, Viking French door double oven, a warming drawer, prep sink, 36" Sub-Zero refrigerator and separate 36" freezer. State-of-the-art systems include fire sprinklers throughout, a Generac backup generator, commercial-grade WiFi network, iPhone-enabled systems include lighting, thermostats and pool control systems. Elegant entry gates and a private drive create a serene introduction to superbly landscaped grounds that are shaded with spectacular specimen palms. Enjoy a dramatic entry fountain; a Spanish fountain on the master lanai; a 4-car garage with new wood doors; a pool with swim-up bar, spa, waterfall, underwater music system, walk-in beach entry, and columns with fire features; a natural gas fire pit; 2 outdoor kitchens; an outdoor shower; expansive covered loggia, elaborate putting green area and a fenced backyard. 
















              Today's Top San Francisco Luxury Estate

              Image result for San Francisco skyline pictures

              The median home value in San Francisco is $1,194,500. San Francisco 
              home values have gone up 4.0% over the past year.  Zillow predicts they will decrease by 1.0% within the year.

              The median home value in Sausalito is $1,256,800. Sausalito home values have gone up 2.6% over the past year. Zillow predicts they will rise 1.5% within the next year. 

              The median home value in Tiburon is $2,479,000. Tiburon home values 
              have gone up 2.1% over the past year.   Zillow predicts they will rise decrease by (2.2%) within the next year. 


              The median home value in Saratoga is $2,453,600. Saratoga home values have gone up 2.8% over the past year.  Zillow predicts they will decrease (- 2.4%) within the next year. 

              The median home value in Atherton is $6,343,800. Atherton home values have gone up 7.3% over the past year and Zillow predicts they will decrease ( -1.8%) within the next year.

                #1      2526 Francisco Street, San Francisco, CA 94123 with 5 bedrooms, 5 baths 
                and 3,945 sq.ft. is listed for sale at $5,588,000.

                2526 Francisco St, San Francisco, CA 94123 -  $6,200,000


                Luxurious Marina 5-bedroom, 4.5-bathroom home, features open living level connecting to deck and lush garden, & a stunning master suite with Palace of Fine Arts views. Superb construction, designer finishes and attention to detail evident throughout this lovely home. Surrounded by only-in-SF destinations including Presidio, Crissy Field, Chestnut and Union Street shopping and restaurants.











                Today's Top Seattle Luxury Estate

                Image result for Seattle 
                The median home value in King County is $566,900. King County home values have gone up 15.7% over the past year.  Zillow predicts they will rise 3.2% within the next year.

                The median home value in Kirkland is $645,900.  Kirkland home values have gone up 17.8% over the past year.  Zillow predicts they will rise 3.7% within the next year.

                  The median home value in Seattle is $670,300. Seattle home values have gone up 14.5% over the past year. Zillow predicts they will rise 3.1% within the next year.

                  The median home value in Bellevue is $819,700. Bellevue home values have gone up 15.6% over the past year. Zillow predicts they will rise 3.2% within the next year. 

                  The median home value in Mercer Island is $1,401,000, Mercer island home values have gone up 10.7% over the past year.  Zillow predicts they will rise 2.6% with the next year.

                  The median home value in Clyde Hill is $2,425,000. Clyde Hill home values have gone up 13.0% over the past year. Zillow predicts they will rise 2.6% 
                  within the next year.

                    The median home value in Medina is $2,545,200. Medina home values have gone up 13.5% over the past year and Zillow predicts they will rise 2.8% within the next year.

                    #1      12381 NE 61st Street, Kirkland, WA 98033 with 5 bedrooms, 6 baths 
                    and 6,570 sq.ft. is listed for sale at $5,499,000.




                    One of a Kind Mediterranean/NW Style home set on almost an Acre in Desirable Bridal Trails Area. Extreme attention to detail and thoughtful design makes this home perfect for entertaining & casual living. Luxurious finishes w/ handcrafted stone & Iron details. 5 bed with 5 bath, Master suit on main floor, Huge open kitchen w/high-end appliances, Heated Tile Floors, All walls are Venetian Plaster, Central A/C heat pumps, Detached Garage can be zoned for horse stable, All the furniture included... Every detail of this Luxurious Custom Build Bridal Trails Villa was designed to make this your once-in-a-lifetime home.
















                      Today's Mortgage Rates
                      Rates Cap Impressively Sideways Week Near Long-Term Lows
                      Jun 23 2017, 4:59PM

                      Weeks like this are the reason that some mortgage rate analysis is only done once a week.  There haven't been any significant developments in financial markets--at least not as far as bonds (which dictate rates) have been concerned.  And there certainly hasn't been any significant movement in mortgage rates themselves.  In fact, with the exception of a modest dip last Wednesday, mortgage rates have been essentially flat for the entire month of June.

                      As we've discussed all week, being "flat" at current levels is a good thing considering lenders continue quoting conventional 30yr fixed rates in a range from 3.875% to 4.0% on top tier scenarios.  Almost any borrower will have seen the exact same interest rate quote throughout June.  Any detectable variation has come in the form of upfront costs.  These adjustments are typically minimal, and equate to 0.01-0.02% in terms of effective interest rate.   Bottom line, while only June 14th can claim the title of "best day for rates in over 8 months," everything else has been strikingly close for more than 3 weeks now.

                      Movement potential increases next week.  Risk-averse clients are well within their right to prefer locking, given the nearness to long-term lows.  Risk-tolerant clients can afford to wait and see if next week's economic data ends up helping rates break lower through this extended floor.
                      52 Week
                      ProductTodayYesterdayChangeLowHigh
                      30 Yr FRM3.98%3.98%--3.34%4.39%
                      15 Yr FRM3.26%3.25%+0.012.69%3.61%
                      FHA 30 Year Fixed3.65%3.65%--3.15%4.10%
                      Jumbo 30 Year Fixed4.25%4.25%--3.42%4.60%
                      5/1 Yr ARM3.07%3.05%+0.022.80%3.25

                      Today's Top Real Estate News

                      New Home Sales Rebound; Prices Crush Previous Record
                      Mortgage News Daily
                      By Jann Swanson

                      The report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U.S. Census Bureau and the Department of Housing and Urban Development said new home sales had dropped 11.4 percent from their March level, to a seasonally adjusted annual rate of 569,000 units.  Today that rate was revised up to 593,000.

                      May sales improved on that report.  They were up by 2.9 percent from April to a seasonally adjusted estimate of 610,000, cracking the 600,000 mark for only the fourth time since the housing crisis began.  Sales are now 8.9 percent higher than in May 2016 when the estimate was 560,000.  On a non-seasonally adjusted basis, sales in May were 1,000 units higher than in April, at 58,000.

                      May's annual rate of sales was at the high end of expectations. Analysts polled by Econoday had been looking for results in the range of 575,000 to 615,000 units.  The consensus was 590,000.

                      The median sales price in May was $345,800 and the average was $406,400.  A year earlier the respective prices were $296,000 and $350,000.  This crushes the previous record of $332,700 and also represents a record increase in the year-over-year change (+16.8% vs May 2016's median price of $296,000).



                      New home sales in the Northeast were down 10.8 percent from April and unchanged from the previous May. The Midwest also had substantial declines, 25.7 percent month-over-month and 23.6 percent on an annual basis.

                      The other two regions offset those losses, with sales up 6.2 percent from the previous month in the South which also posted a year-over-year gain of 15.0 percent.  The West had 13.3 percent more activity than in April, 14.1 percent more year-over-year.

                      At the end of May there were an estimated 265,000 new homes available for sale (unadjusted), 60,000 of which are ready for occupancy. The total is an increase of 6,000 from the previous month. This is estimated to be a 5.3-month supply at the current sales pace, unchanged from April. The median time that homes have been on the market is 3.1 months, down from 3.7 months in April.

                      Thanks for reading "Today's Best Mansions"

                      Looking for more information?  Have a comment?  Need a Realtor referral?  
                      Please call, text or email me at 619-944-8749 or furtree@msn.com.  Most 
                      importantly, have a great day.

                      Cordially,

                      Tom Furino

                      PS.     Check out "Today's Best Mansions" and "Top Luxury Estates" in Los Angeles, Phoenix, San Diego, San Francisco and Seattle listed for sale anytime at:
                      www.todaysbestmansionsforsale.com
                      www.laluxuryrealestateupdates.com
                      www.phoenixluxuryrealestateupdates.com
                      www.seattlerealestateluxuryhomesupdates.com
                      www.sandiegorealestateflashreport.com
                      www.sfluxuryrealestateupdates.com