Monday, July 31, 2017


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


#1        1080 Meadow Ln, Southampton, NY 11968 with 12 beds,12 baths,
20,000 sq.ft. comprised of 3 homes on 14 acres is listed for sale at $150,000,000,

A $150M property on Meadow Lane is the most expensive in the Hamptons.


This singular Southampton oceanfront offering on Meadow Lane offers a total of 14+ acres with 700+ ft. of direct oceanfront across three separate lots, plus an additional bay front lot. With 360-degree water views, the world-class trophy location, includes a 12,000 s.f. main residence with indoor pool and surfeit of glass for the extraordinary views, a tennis court with tennis house, pool & spa with pool house, two golf greens with golf houses. From any of the three private walkways to the ocean, the views up and down the Atlantic, in addition to the unobstructed view across the bay will take your breath away.

The Goldman Sachs exec who engineered Wall Street’s largest-ever IPO is  selling the estate he assembled over the last 3 years.  J. Michael Evans and his wife Lise are the current owners The couple, well known on the New York social scene, assembled the 14-acre property on exclusive Meadow Lane spending around $115 million to buy three oceanfront lots and one bayside lot,  The properties were formerly owned by Ex-CEO of SFX Entertainment — Robert F.X. Sillerman . Sillerman, business bankruptcy forced him to sell the several parcels he owned. The current owner Michael Evans, co-chairman of Goldman Sachs, and his wife, Lise states they’re selling the estate on Meadow Lane simply because  "they want to".

There are 3 private walkways to the beach.

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Home Photos, House Images and Property Pics Gallery

Home Photos, House Images and Property Pics Gallery


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Home Photos, House Images and Property Pics Gallery


There are 2 golf greens and golf houses.




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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 6.8% over the past year, Zillow predicts hey will increase 1.5% within the next year.

The median home value in Brentwood, 90049 is $2,398,800. Brentwood home values have gone up 2.1% over the past year.  Zillow predicts they will igo down ( 0.3%) within the next year

The median home value in Malibu is $2,906,700.  Malibu home values have gone up 5.3% over the past year.  Zillow predicts they will increase 1.1% within the year.

The median home value in Bel Air, 90077 is $3,278,800  Bel Air home values have gone up 2.8% over the past year.  Zillow predicts they will go down  (-0.3) within the year.

The median home value in Beverly Hills 90210 is $4,895,000.  Beverly Hills home values have gone up 4.2% over the past year.  Zillow predicts they will increase 1.3%  within the next year. 

#1       901 North Alpine Drive, Beverly Hills, CA 90210 with 11 bedrooms, 18 baths  and 28,000 sq.ft. is listed for sale at $80,000,000.



A regal French Chateau awaits you in the heart of Beverly Hills' Estates Section. Once you have cleared the gated guard entry, you will be transported to classic French splendor. This 28,000 square foot palace has all the appointments fit for a king. The craftsmanship and materials are the finest this side of Versailles. Some of the appointments include a fitness center, game room, screening room, European spa with wet & dry saunas. Technology isalso featured in the form of a state of the art Crestron system. This magnificent property also has an elevator, 11 fireplaces, a 3 bedroom guest house, a grand motor court that can accommodate 40 cars. Experience lush lawns and gardens of a French countryside. This home is truly a baroque masterpiece. 
























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 $423,300. Scottsdale home values have gone up 3.3% over the past year.  Zillow predicts they will increase 2.5% within the next year. 

The median home value in Carefree is $755,700. Carefree home values have gone up 5.3% over the past year.  Zillow predicts they will increase 2.9% within the next year.

The median home value in Paradise Valley is $1,612,400.  Paradise Valleyhome values have gone up 1.6% over the past year. Zillow predicts they will increase 2.2% within the next year.

#1       10281 East Happy Valley Road, Scottsdale, AZ 85255 with 4 bedrooms, 5 baths and 6,354 sq.ft. is listed for sale at $2,175,000.


Tranquil Sanctuary on 5 Acres in North Scottsdale! No HOA! Property is Zoned for Residential Horses! Fully Paved Drive/Easement to Home with Pavers.Single Story Home with 4 Spacious Bedrooms with a Large Den/Office upstairs that opens up to an Observation Deck overlooking views of Pinnacle Peak! 3 In-suite Full Bathrooms and 2 Powder Rooms. Temperature Controlled Wine Room that holds over 800 bottles. A True Gourmet Kitchen! Breath Taking Mountain Views and City Lights! Near hiking/biking trails, restaurants, parks and boutiques. Resort Style Backyard with Pool, perfect for entertaining! Views, Location, Privacy and Property! This home has it ALL!










Today's Top San Diego Luxury Estate 


The median home value in San Diego County is $548,000. San Diego County home values have gone up 6.9% over the past year. Zillow predicts they will remain even 4.1% within the next year.

The median home value in Coronado is $1,475,900. Coronado home values have gone up 1.4% this past year.  Zillow predicts they will increase 3.7% within the next year.

The median home value in La Jolla, 92037 is $1,486,900. La Jolla, 92037 home values have gone up 2.5% this past year.  Zillow predicts they will increase 2.8% within the next year.

The median home value in Solana Beach 92075 is $1,307,200. Solana Beach 92075 home values have gone up 4.4% this past year. Zillow predicts they will rise 3.7%% within the next year.

The median home value in Del Mar 92014 is $1,605,100 Del Mar home values have gone up 1.3% over the past year.  Zillow predicts they will increase 3.3% within the next year.

The median home value in Rancho Santa Fe is $2,636,800. Rancho Santa Fe home values have increase 1.1% over the past year and Zillow predicts they will increase 1.3% within the next year.

#1            721 Balboa Avenue, Coronado, CA 92118 with 5 bedrooms, 6 baths and 4,065 sq.ft. is listed for sale at $4,200,000.

Coronado Custom Home at its BEST! Newly built in 2014, this home has it all! 5 bedrooms each with its own spa like bathroom, office/den, bar with built in wine cooler and refrig, beautiful master bedroom suite, built in "Bunk Room", wired sound, solar panels AND a wonderfully designed GUEST house! Wide plank walnut floors throughout. Hand made tiles and exotic marble counter-tops. La Cantina doors open to an outdoor entertaining area with a brick custom fireplace and heated dining area. A must see!

721 Balboa Ave, Coronado, CA 92118

721 Balboa Ave, Coronado, CA 92118

721 Balboa Ave, Coronado, CA 92118

721 Balboa Ave, Coronado, CA 92118

721 Balboa Ave, Coronado, CA 92118

721 Balboa Ave, Coronado, CA 92118
Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco is $1,204,700. San Francisco 
home values have gone up 7.2% over the past year.  Zillow predicts they will decrease by 1.6% within the year.

The median home value in Sausalito is $1,271,200. Sausalito home values have gone up 5.7% over the past year. Zillow predicts they will rise 1.5% within the next year. 

The median home value in Tiburon is $2,468,800. Tiburon home values have gone up 3.7% over the past year.   Zillow predicts they will rise increase 0.8% within the next year. 

The medium home value in Saratoga is $2,471,300.  Saratoga home values have gone up 4.6% this past year.  Zillow predicts they will increase 1.0% within the next year. 

The median home value in Atherton is $6,406,300. Atherton home values have gone up 8.5% over the past year and Zillow predicts they will increase 1.5% within the next year.

#1     15625 Peach Hill Road, Saratoga, CA 95070 with 4 bedrooms, 4 baths 
and 5,060 sq.ft. is listed for sale at $5,688,000.



Stunning Spanish Mediterranean rival. Sited on 2.6+/- acres in one of the most highly sought out areas of Saratoga. Unsurpassed city light/valley and mountain views. Surrounded by other multi-million dollar estates, this home offers rare sanctuary and true retreat from Silicon Valley, yet is convenient to dining, award winning Saratoga schools and commute. The architectural design is amazing. Filled with old-world character and charm yet you have soaring ceilings and a modern open floor plan design. Large chef's gourmet kitchen with all the amenities. Grand formal dining room. Living/family room is extraordinary accented by soaring ceilings, custom wood beams and an oversized fireplace. Dramatic views from every room in the home. Loggia off living/family room is spectacular with peerless od the Bay Area/Silcon Valley. The main residence offers 5,060+/- SF of living area plus there is a guest unit/apartment over the garage. Saratoga schools!  












Today's Top Seattle Luxury Estate

Image result for Seattle 
The median home value in Kirkland is $677,400.  Kirkland home values have gone up 18.2% over the past year.  Zillow predicts they will rise 8.7% within the next year.

The median home value in Seattle is $682,300. Seattle home values have gone up 15.2% over the past year. Zillow predicts they will rise 7.0% within the next year.

The median home value in Bellevue is $833,800. Bellevue home values have gone up 156.2% over the past year. Zillow predicts they will rise 8.0% within the next year. 

The median home value in Mercer Island is $1,410,600, Mercer island home values have gone up 11.1% over the past year.  Zillow predicts they will rise 6.9% with the next year.

The median home value in Clyde Hill is $2,480,800. Clyde Hill home values have gone up 13.9% over the past year. Zillow predicts they will rise 7.5% within the next year.

The median home value in Medina is $2,590,300. Medina home values have gone up 15.1% over the past year and Zillow predicts they will rise 7.4% within the next year.

#1       13436 64th Terrace NE, Kirkland, WA 98034 with 3 bedrooms, 3 baths and  4,604 sq.ft. is listed for sale at $2,449,000.




VIEWS! VIEWS! VIEWS! SW facing home offering stunning, unobstructed Lake WA Views from nearly every rm. You are King of the hill perched above other neighbors, allowing for privacy in this park-like setting. Large 1/2 acre+ lot w/tranquil greenbelt backyard. Truly spectacular resort sized waterfall @entry. Meticulously maintained home feels better than new-construction. Builders own home by Scott Johnson. Relaxed, Refined Luxury, high custom ceilings, extensive use of natural woods `and stone.









Today's Top Real Estate News  

US Home Sales To Foreigners Surge 49% To New Record

By Alana Petrof
CNN Money

Foreigners are getting serious about "Buying American" real estate.The National Association of Realtors released a report Tuesday that said foreign buyers and recent immigrants spent an estimated $153 billion on American properties in the year ending March 2017. That was a 49% increase over the previous year and the highest level since record-keeping began in 2009.  The purchases accounted for 10% of the total value of existing home sales in the U.S. The report did not include new homes.The breakdown of sales between foreigners and recent immigrants was about 50:50.

Blame Canada.  

America's neighbors to the north were one big factor behind the surge. Canadian real estate investors nearly doubled their purchases of American homes over the period because of the relative affordability of properties in the States. Many Canadians have been squeezed out of property markets in cities like Toronto and Vancouver that have experienced rapid price gains.Canadians were the second biggest foreign purchasers of homes after the Chinese. Buyers from China shelled out nearly $32 billion over the period, while Canadians spent $19 billion.

Trump turmoil?

Foreign buyers had to brush off U.S. political turmoil in order to make their purchases.
"The political and economic uncertainty both here and abroad did not deter foreigners from exponentially ramping up their purchases of U.S. property over the past year," said Lawrence Yun, chief economist at the National Association of Realtors.

"While the strengthening of the U.S. dollar in relation to other currencies and steadfast home-price growth made buying a home more expensive in many areas, foreigners increasingly acted on their beliefs that the U.S. is a safe and secure place to live, work and invest," he said.

Location, location, location...

Nearly half of all foreign sales were in three states: Florida, California and Texas.
Canadians gravitated to Florida. Chinese buyers focused on California. And Texas was the preferred state for Mexican buyers. New Jersey and Arizona were the fourth and fifth most popular states.


The report estimated foreign buyers typically paid just over $302,000 per property, up 9% from the previous year.  About 10% of foreign buyers paid over $1 million.

Today's Mortgage Rates

Mortgage Rates Starting to Look Paralyzed
Jul 28 2017, 5:16PM


Mortgage rates were generally flat today, despite improvements in underlying bond markets.  Although several lenders did offer price improvements throughout the course of the day, the improvements were generally "token" in nature and did little to alter the sense of paralysis in the bigger picture.  This is the third straight day with essentially no change.

Uncertainty, fear, a lack of inspiration, or some combination of the three all have the ability to paralyze rates from time to time.  Uncertainty is leading the charge at the moment.  On the one hand, we have global central banks chomping at the bit to drain the proverbial punch bowl (buying fewer bonds and raising rates).  On the other hand, those central banks admit they can't be too aggressive without justification from rising inflation, and inflation seems to be in short supply based on recent economic data.

Next week brings one of the more important inflation reports on Tuesday.  If it makes a strong statement for better or worse, it could certainly coax mortgage rates out of their exceptionally flat range seen over the past few days.  From there, we'd be waiting for bigger moves to break the generally flat, narrow range that's been intact over the past few months.

52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.04%4.04%--3.37%4.39%
15 Yr FRM3.33%3.33%--2.72%3.61%
FHA 30 Year Fixed3.75%3.75%--3.15%4.10%
Jumbo 30 Year Fixed4.33%4.34%-0.013.47%4.60%
5/1 Yr ARM3.17%3.18%-0.012.80%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