Friday, June 9, 2017


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


#1     1145 Arden Road, Pasadena, CA 91106 with 10 bedrooms, 11 baths, 
and 17,586 sq.ft. is listed for sale at $28,000,000. For sure Royalty must have 
lived in this mansion!


Designed by the prestigious firm of Marston & Van Pelt with Palladianism in mind, Arden Villa is one of those grand estates that is all at once infamous & private. Cloistered behind massive gates, which open to 100 yard tree-lined driveway & away from prying eyes the main residence offers grand entertainment rooms, lavish Master suite, 11 lavatories, game rooms, wine cellar, office spaces & possibilities for more sleeping quarters/entertainment spaces. The extensive grounds include vast manicured gardens, lily ponds, tennis court, swimming pools & tranquil spaces. The recent addition of a secondary residence located at 1193 Arden, has created the opportunity for a truly private compound. Arden Villa is known as the "Dynasty Mansion" as it is home to the infamous Lilly Pond where Krystle & Alexis played out one of their classic catfights. Enduring design, charming upgrades & permanent pedigree make this Palladian Masterpiece the perfect backdrop for a Royal Lifestyle with Olympian Calm.



 


















Today's Top LA Luxury Estate 


The median home value in Los Angeles County is $563,400. Los Angeles County home values have gone up 6.7% over the past year, Zillow predicts they will rise 0.8% within the next year.

The median home value in Brentwood, 90049 is $2,447,100. Brentwood home values have gone up 3.5% over the past year.  Zillow predicts they will rise 0.4% within the next year

The median home value in Malibu is $2,866,300.  Malibu home values have gone up 4.3% over the past year.  Zillow predicts they will rise 0.2% within the year.

The median home value in Bel Air, 90077 is $3,228,900  Bel  Air home values have gone down -(1.0%)  over the past year.  Zillow predicts they will go down  -(1.1)% within the next year.

The median home value in Beverly Hills 90210 is $4,850,400.  Beverly Hills home values have gone up 1.3% over the past year.  Zillow predicts they will rise 0.6% with the next year.

#1     517 Beverly Drive, Beverly Hills, CA 90210 with 7 bedrooms, 8 baths, and 9,957 sq.ft. is listed for sale at $11,995,000.  This is a classic Old Hollywood estate!  Great place to host your Academy Award Celebration.




Gracious and gorgeous Mediterranean home in the Flats of Beverly Hills, an easy stroll from shops and restaurants. Stunning large entry with graceful staircase, perfectly scaled public rooms: living room, dining room and office/library, all executed with attention to detail. The ultimate kitchen with Carrara marble countertops, superb finishes and the finest appliances opens to a magnificent family room with a stone fireplace and arched French doors leading to the veranda, grassy yard, pool/spa and large guest house. Spectacular lower level with screening room, wine cellar, massage room and a large multi-purpose room. Fantastic master suite with elegant bath and two huge closets. Three more bedrooms upstairs with handsome built-in study areas, plus three additional bedrooms and seven baths. Double gated circular drive for privacy and security. Sumptuous living in a world class locale.



















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 $418,700. Scottsdale home values have gone up 2.6% over the past year. Zillow predicts they will rise 0.4% withiin the next year. 

The median home value in Carefree is $746,800. Carefree home values have gone up 

3.6% over the past year.  Zillow predicts they will rise 1.3% within the next year.

The median home value in Paradise Valley is $1,604,200.  Paradise home values have gone up 1.3% over the past year. Zillow predicts they will rise 0.0% within the next year.

#1     23035 N Church Road, Scottsdale, AZ 85255 with 7 bedrooms, 10 baths, and 12,500 sq.ft. is listed for sale at $7,995,000. This estate has the ultimate media/home theater.


A  Private 8 plus acre North Scottsdale Estate! Extremely discreet to include every imaginable custom detail desired. Exquisitely appointed with light fixtures, vanities, mirrors, to-wine room, game room, library with floor-to-ceiling book cases, custom office, an unbelievable like commercial 40-seat theater room with stage area, sound board room, soda station and wet bar viewing area! Pro Athletes paradise, to enjoy its complete Gym facilities, Sport Court, Putting Green, Olympic Pool, weight room, lockers, steam shower and tanning room. Relax indoors or out, watch a game or your own indoor or outdoor Oversized Cinema Screen, multiple Sit-down bars and lounge space. Impeccably manicured grounds with waterfalls, a pond, oversized pool, fire pits and tennis court. Car aficionado's dream Showroom 2,200 sq ft Garage, complete with custom storage and hydraulic lifts, sound and Monitors. No detail overlooked in this over 8 acre one-of-a-kind masterpiece. 








Today's Top San Diego Luxury Estate 


The median home value in San Diego County is $537,200. 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 $1,466,000. La Jolla, 92037 home values have gone up 2.2% this past year.  Zillow predicts they will rise 1.8% within the next year.

The median home value in Solana Beach 92075 is $1,278,200. 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 $1,620,400 Del Mar home values have gone up 5.7% over the past year.  Zillow predicts they will rise 2.8% within the next year.


The median home value in Rancho Santa Fe is $2,560,200. Rancho Santa Fe home values have declined -(4.1)% over the past year and Zillow predicts they will decline -(0.7)% within the next year.

#1     6102 Avenida Picacho, Rancho Santa Fe, CA 92067 with 5 bedrooms, 
8 baths, and 7,800 sq.ft. is listed for sale at $4,495,000.  What a fabulous 
hide-away for the rich and famous!



Wow!  Walls of windows to showcase magnificent, panoramic views, this unique, majestic, modern home, on market for 1st time, offers abundant space to entertain your guests in its palatial great room, outdoor decks and patios. Situated atop a hill and end of cul-de-sac with many custom features, it has quiet, privacy and special amenities to serve as a paradise or your peaceful, restorative retreat.  Watch hummingbirds at your window.  See red tail hawks soaring and flying below you.  Enjoy both sunrises and sunsets from the master bedroom and study.









Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,189,100. San Francisco home values have gone up 4.0% over the past year.  Zillow predicts they will decrease by 1.0% within the next year.

The median home value in Sausalito is $1,254,300. 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 $2,500,600. Tiburon home values have gone up 2.9% over the past year.   Zillow predicts they will rise 1.1% within the next year. 

The median home value in Saratoga is $2,428,700. Saratoga home values have gone up 1.1% over the past year.  Zillow predicts they will rise 1.0% within the next year. 

The median home value in Atherton is $6,145,500. Atherton home values have gone up 2.9% over the past year and Zillow predicts they will rise 0.8% within the next year.

#1     12661 Robleda Road, Los Altos Hills, CA 94022 with 6 bedrooms, 7 baths, and 8,610 sq.ft. is listed for sale at $9,500,000.  This is a classic old California mansion!!!



Set beyond wrought iron gates & a sprawling lawn, this stately and impressive estate sits on over 1.5 acres. Reminiscent of a historic French chateau, it includes architecturally appropriate designs and superior hand-chosen materials. Upon entering the dramatic two-story entry foyer with its limestone floor & handmade limestone staircase, one immediately senses the grandness of this home. The main floor includes a formal living room, formal dining room, gourmet kitchen, family room, study, spacious guest bedroom and bath, sitting room and ½ bath. The upper level includes 3 bedrooms, each with their own bathroom including an impressive master suite. On the lower level is a wine cellar & wine tasting room as well as an additional bedroom & bath. The pool house contains a living room, partial kitchen, bedroom & bath. Includes a gated security entrance, 4 car garage, pool/spa. This residence is situated in a serene location, near prestigious schools and easy access to Silicon Valley & SF.


















Today's Top Seattle Luxury Estate

Image result for Seattle 
The median home value in King County is $551,000. King County home values have gone up 13.6% over the past year.  Zillow predicts they will rise 5.6% within the next year.

The median home value in Kirkland is $646,900.  Kirkland home values have gone up 16.1% over the past year.  Zillow predicts they will rise 6.1% within the next year.

The median home value in Seattle is $653,400. Seattle home values have gone up 12.9% over the past year. Zillow predicts they will rise 5.5% within the next year.

The median home value in Bellevue is $800,800. Bellevue home values have gone up 14.4% over the past year. Zillow predicts they will rise 5.7% within the next year. 

The median home value in Mercer Island, WA is $1,378,300, Mercer island home values 
have gone up 9.4% over the past year.  Zillow predicts they will rise 5.3% with the next year.

The median home value in Clyde Hill is $2,345,400. Clyde Hill home values have gone up 10.9% over the past year. Zillow predicts they will rise 4.9% within the next year.

The median home value in Medina is $2,454,700. Medina home values have gone up 10.8% over the past year and Zillow predicts they will rise 5.1% within the next year.

#1     2033 2nd Avenue PH 2, Seattle, WA with 2 bedrooms, 3 baths, and 3,092 sq.ft. 
is listed for sale at $5,995,000. Did they film a sex trafficing movie here?


The view from above! This unique Penthouse was originally the Developer's own unit & offers 3,000+ SF of luxurious living w/ sweeping city, mountain & water views. The incredible private rooftop terrace is one-of-a-kind & offers an outdoor kitchen w/ Viking appl, jacuzzi & fire-pit. A commercial grade kitchen, 2 fpl, 2 addl balconies, separate work studio & privately gated 4 car garage complete this sanctuary. 24hr doorstaff, rooftop deck w/dog run, gym, spa, business center & guest suite.

Today's Mortgage Rates
Mortgage Rates Rise Modestly From 2017 Lows
Jun 8 2017, 

Mortgage rates rose modestly today after spending 2 days at the best levels in nearly 8 months.  Financial markets were tuned in to several key events with the power to cause volatility for rates today.  Of these, the Senate testimony of former FBI Director Comey probably had the biggest spotlight.  Rates were already coming under some pressure yesterday as Comey's prepared remarks were released, but bond markets (which dictate rates) didn't move quite enough for most lenders to adjust rate sheets.
52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.00%3.97%+0.033.34%4.39%
15 Yr FRM3.25%3.23%+0.022.69%3.61%
FHA 30 Year Fixed3.75%3.65%+0.103.15%4.10%
Jumbo 30 Year Fixed4.28%4.25%+0.033.42%4.60%
5/1 Yr ARM3.04%3.01%+0.032.80%3.25%
Updated: 6/8/17 3:04 PM

Today's Top Real Estate News

U.S. pending home sales drop for second straight month

Post Online Media
pending home sales






















Contracts to buy previously owned U.S. homes fell for a second straight month in April amid a supply squeeze, but the housing market recovery remains supported by a strong labor market.

The National Association of Realtors said on Wednesday its Pending Home Sales Index, based on contracts signed last month, dropped 1.3 percent to 109.8.

Economists had forecast pending home sales rising 0.5 percent last month. Pending home sales fell 3.3 percent from a year ago. That is the first year-on-year drop since last December and the largest since June 2014.

"Much of the country for the second straight month saw a pullback in pending sales as the rate of new listings continues to lag the quicker pace of homes coming off the market," said NAR chief economist Lawrence Yun. "Realtors are indicating that foot traffic is higher than a year ago."

Pending home contracts become sales after a month or two, and last month's fall suggested a further decline in home resales after they dropped 2.3 percent in April.

Demand for housing is being driven by a tight labor market, marked by a 4.4 percent unemployment rate, which is generating wage increases and boosting employment opportunities for young Americans.

Sales activity, however, remains constrained by tight inventories, which are driving up home prices. Housing inventory has dropped for 23 straight months on a year-on-year basis.
Pending home sales fell in the Northeast, Midwest and South last month, but surged 5.8 percent in the West.
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