Wednesday, July 12, 2017


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

#1       3365 Padaro Lane, Carpinteria, CA 93013 with 6 bedrooms, 7 baths 
and 4,807 sq.ft. is listed for sale at $22,500,000.


Exquisite gated & private beachfront estate with unsurpassed ocean, island & coastline views from protected elevated location above yet with direct access to the sand and a generous 100' of beach frontage. Gorgeous single level 4/4.5 South facing Contemporary main residence with walls of glass, beautiful 2/2 guest house, sparking pool with spa and stunning landscaping with sun drenched terraces, majestic Cypress, Ficus & fruit trees, flowering and organic vegetable gardens on appx. one acre. Rarely are properties of this superb caliber available. Treasured for decades by the current owners, this home will provide its new owners a truly incomparable lifestyle on Santa Barbara's best beach.



















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        510 Usher Place, Beverly Hills, CA 90210 with 5 bedrooms, 5 baths 
and 3,976 sq.ft. is listed for sale at $13,995,000.


Prime, rim promontory estate site in Trousdale estates with spectacular views of the city, ocean and greenbelt from this large flat pad. Trousdale Estates offers some of Beverly Hills' most lucrative development opportunities. This one story mid century modern is perfectly situated with ample flat land for building. The current home offers the perfect situation of a living space that opens right onto the deck for maximum enjoyment for the impressive, unobstructed views. Renderings have been created for an absolutely stunning modern home to be developed further transforming this already prestigious neighborhood into a hot bed of significant architecture.












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       5301 East Wonderview Road, Phoenix, AZ 85018 with 9 bedrooms, 13 baths and 21,013 sq.ft. is listed for sale at $6,900,000.
Rarely does an estate of this size and grandeur come available with over 21,000Sf. of opulent finishes - This home has it all! Imported unique stone and marble throughout all three levels. This dream home has a complete butler kitchen, large media room, expansive indoor pool, sauna & steam-room, two beautifully done offices..one with a cappuccino machine, 8-car garage - plenty of room for large vehicles, boats and quads. Picturesque sunsets daily over the mountain views. Resort style backyard with plenty of room for entertaining and enjoying the amazing Phoenix weather.















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       16566 Zumaque, Rancho Santa Fe, CA 92067 with 5 bedrooms, 5 baths
 and 6,453 sq.ft. is listed for sale at $4,295,000.




Sunrise to Sunset - all about the ambience! An ideal location, this hidden oasis is just moments to the Covenant village, golf & school; yet, maintains incredible privacy & serenity. Sweeping mountain Vistas to the southwest and gentle breezes will mesmerize you. Enjoy an unparalleled lifestyle in this single level floor plan, offering beautiful open spaces that extend effortlessly to the outdoors. Detached 2br Guest hm, designated study/office, oversized family room w/ disappearing doors, 4 car garage, glistening vanishing edge pool and adjacent spa plus a newly added entertaining venue for outdoor Al Fresco dinning with built-in bar & easy access back into home. Below the professional, organic garden beds & vineyard is a Magical temperature controlled & code locked wine cave. Enjoy Sunsets by the near by built-in fire pit with your own bottled wine or play a round of Bocce Ball in your own professional court, small producing olive garden, fully fenced and gated there is so much here and so little maintenance. It is all about the Ambience!










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 medium home value in Saratoga is $2,453,600.  Saratoga home values have gone up 2.8% this 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       113 Atherton Avenue, Atherton, CA 94027 with 5 bedrooms, 7 baths 
and 11,965 sq.ft. is listed for sale at $18,800,000.



Gorgeous estate property completed in 2010, designed by Salvatore Caruso Design Corp and interior design by Rachel Laxer interiors, London. White oak flooring throughout and elevator service to all 3 levels. 5 en-suite bedrooms (master plus 2 on upper level, 1 on main floor and 1 on lower level). Lower level recreation room with full bar, theatre, temperature controlled wine cellar, and fitness center with spa bath (steam shower and sauna). The family room has retractable doors that open to the rear grounds with pool, spa, and out door heated dining pavilion. Underground parking for 6 cars. Menlo Park Schools.

















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       303 West Highland Drive, Seattle, WA 98119 with 4 bedrooms, 4 baths 
and 4,080 sq.ft. is listed for sale at $3,050,000.




Splendid home in premier Seattle Address! South Slope Queen Anne Hill beauty, lovingly maintained & renovated in keeping with its traditional styling. Extraordinary, sweeping panorama of City skyline, Space Needle, Mt Rainier, Elliott Bay, Alki Point. Gracious floor plan w/ sophisticated scale, fine finishes. French Country kitchen, lovely paneled dining room exudes ambiance featuring beautiful stained glass. Prime neighborhood location near shops, restaurants, boulevards and parks









Today's Top Real Estate News

Best Places to Score a Lakefront Property


Buyers on the hunt for a lakefront home that promises to be a lucrative investment will want to head to Chelan, Wash. The town tops realtor.com®’s list of top lakeside cities in America.
Researchers scoured realtor.com® data to find lake towns that offer the most activities for residents as well the fastest growth in home prices (based on price appreciation between the first quarter of 2014 and the first quarter of 2017).



35 Sienna Court, Chelan, WA 98816 with 3 bedrooms, 4 baths and 3,435 sq.dt. is listed for sale at $849,000.

Everything you could ever want in a new Lake Chelan view home. A private gated community of lovely homes, great neighbors and surrounded by vineyards!

Lake towns are generally “a calmer, less tourist-driven culture than the beach,” Brian Cauble, director of market engagement for Lake Homes Realty in Pelham, Ala., told realtor.com®. “It’s not uncommon for people who own them to be there every weekend in summer.”

The following cities made realtor.com®’s list of the best lake towns in the U.S. (Note: Researchers limited the list to two destinations per state for the sake of geographic diversity.)

1. Chelan, Wash.
  • Median price: $585,000
  • Price appreciation since 2014: 13.6%
2. Frankfort, Mich.
  • Median price: $375,000
  • Price appreciation since 2014: 11.6%
3. Bigfork, Mont.
  • Median price: $592,500
  • Price appreciation since 2014: 9.6%
4. Grand Haven, Mich.
  • Median price: $312,400
  • Price appreciation since 2014: 14.5%
5. Lake Lure, N.C.
  • Median price: $310,000
  • Price appreciation since 2014: 5.5%
6. Lake Placid, N.Y.
  • Median price: $419,900
  • Price appreciation since 2014: 3.8%
7. Mount Dora, Fla.
  • Median price: $325,000
  • Price appreciation since 2014: 17.1%
Today's Mortgage Rates
Glimmer of Hope in Rate Stability, But It Could Be a Trap
Jul 11 2017, 3:44PM


Mortgage rates remained in a very narrow range near their highest levels in roughly 3 months today.  If you're into splitting hairs, we could discuss the fact that the average lender is charging microscopically lower closing costs for the same rates quoted yesterday, but most borrowers won't even see a change in rate quotes. 

The sideways momentum isn't all too surprising given that the week's biggest potential market movers are all coming out over the next 3 days.  The past 2 days, then, have been a nice reprieve from the consistently higher rates seen since June 27th.  But undertand the reprieve is not necessarily an indication of a reversal.  

Even if the coming days end up helping rates, there are lingering risks regarding the European Central Bank (ECB) policy announcement on July 20th.  It's unlikely that rates will be willing to embark on a significant move lower unless that ECB announcement is pleasantly surprising, and there's just as much chance of Unpleasantness.

Bottom line: risk-takers have seen a glimmer of hope in the recent stability, but for most borrowers, it's still a good idea to err on the side of caution.
52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.25%4.12%+0.133.37%4.39%
15 Yr FRM3.37%3.37%--2.72%3.61%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.39%4.39%--3.47%4.60%
5/1 Yr ARM3.22%3.20%+0.022.80%3.25%



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