Saturday, August 19, 2017


Today's Best Mansion
www.todaysbestmansionsforsale.com

It's lavish. It's huge. It's grand. It's expensive.

#1      1737 Bel Air Road, Los Angeles, CA 90077 with 9 bedrooms, 12 baths, and 12,600 sq.ft. is listed for sale at $22,500,000.



On one of the most coveted streets in Bel-Air sits this brand new modern masterpiece. Nestled behind a private gate is the jewel of Cain Interiors most recent achievement. This fully modern home boasts stunning panoramic canyon, city, and ocean views that are all accentuated by the collapsible walls of glass that enable the owner an indoor-outdoor living space that is second to none. The exquisite interiors include a staggering living room with an expansive outdoor entertaining area complete with an infinity edge pool hot tub. The outdoor entertaining area also includes a full bar and barbeque as well as the attached two bed two bath guest living wing. The expansive nine bedroom, and fourteen bath residence takes its cues from ultra-luxurious resort living. This includes the hotel-style lobby, elevator, penthouse style master bedroom with its own private pool. This estate is the apex of Bel-Air luxury living.
















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      31418 Broad Beach Road, Malibu, CA 90265 with 6 bedrooms, 8 baths 
and 4,979 sq.ft. is listed for sale at $15,950,000.




Sensational Mediterranean beach house. Prime location on the west end of Broad Beach. Panoramic white water views from nearly every room. Gorgeous gourmet kitchen with Viking and Subzero appliances, sliding walls of glass leading out on to a huge entertainment deck, master suite on it's own level with his and her Carrera stone baths and walk in closets, four en suite guest rooms, ocean front swimming pool and spa, plus three car garage. All on 59' of pristine beach frontage.

















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      10675 East Winter Sun Drive, Scottsdale, AZ with 5 bedrooms, 7 baths 
and 6,469 sq.ft. is listed for sale at $3,100,000.



SPECTACULAR BING HU Spanish Colonial home on one of the best premium golf course lots in Mirabel! Mountain Views, City Lights and Sunsets! Attached 2 room guest casita with living room, fireplace, kitchenette, bedroom and separate entrance. Quality finishes throughout this custom home. All primary living spaces are on the main level with one en suite bedroom on the upper level for total privacy. The home features 4 bedrooms plus a den/office, a great room with fabulous southern views, a true gourmet kitchen, an outdoor patio with covered dining and living areas, negative edge pool and spa. Wine cellar, 7 fireplaces throughout. A true masterpiece in Mirabel Club. Don't miss this one!















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       3566 Crown Point Drive, San Diego, CA 92109 with 3 bedrooms, 3 baths 

and 3,436 sq.ft. is listed for sale at $3,499,000.



Absolutely stunning and simply spectacular Tour D' Elegance, bay front home situated along the highly desired and envied "picturesque" Mission Bay's own Crown Pointe Drive! Featuring the breathtaking unique views of San Diego's own beautiful Mission Bay, that truly raise the bar with all it's magnificent morning, evening and night views. This spectacular high-end architecturally designed home has recently undergone an astounding one million ($1,000,000) home renovation and absolutely no detail was spared.











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       19908 Bella Vista Avenue, Saratoga, CA 95070 with 4 bedrooms, 4 baths 
and 5,831 sq.ft. is listed for sale at $7,995,000.




Serenity and privacy near Montalvo and downtown Saratoga on a private road. Exceptional rebuilt/new home in 2008, in the style of the original carriage home for the Blaney Estate. The open and airy feel of the great room, encompassing the living room, dining room and family room, perfect for entertaining. The gourmet kitchen, centers adjacent to the great room. The detail to design and craftmanship is there for you to discover. There is an entertainment center on a lower level overlooking the oaks and the bocci court. Every room/window has an exceptional view of the grounds and magnificent oaks. One of the many exterior social areas is secluded with a outside dining area, a built-in f/p with heat shield, BBQ and pizza oven. It surely has the feel of European entertaining. In addition to the four bedrooms, there is a separate office area. Finally, a separate in-law or guest quarters ( approx. 825 sq.ft.), complete with a full bath, bedroom, living area and kitchen. 



19908 Bella Vista Ave, SARATOGA, CA 95070

19908 Bella Vista Ave, SARATOGA, CA 95070

19908 Bella Vista Ave, SARATOGA, CA 95070

https://ssl.cdn-redfin.com/photo/8/mbpaddedwide/571/genMid.ML81674571_25_0.jpg

19908 Bella Vista Ave, SARATOGA, CA 95070




19908 Bella Vista Ave, SARATOGA, CA 95070
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      9834 NE 22nd Street, Bellevue, WA 98004 with 5 bedrooms, 5 baths 
and 4,956 sq.ft. is listed for sale at $3,328,000.


Redefining Urban Luxury Living Brought to you by the Murray Franklyn Family of Companies. Brand new construction brilliantly designed with superior finishes and open layout. Chefs kitchen with top-of-the-line appliances, walk-in pantry plus formal dining and wine room. Spectacular master with walk-in shower, standalone tub, heated tile floors and walk-in closet. Guest suite on main complete with kitchenette and additional washer/dryer. Covered outdoor living area BBQ, refrigerator and gas fireplace!











Today's Top Real Estate News

Mansion wouldn't sell for $29,000,000 so owners raised price to $80,000,000

Bloomberg
By James Tarmy 

The total property runs 1.54 acres.

One of the house’s 11 bedrooms.


The ballroom.

The house is being sold completely finished.

The entryway to the house.

The screening room.

The chandeliers are Italian crystal.

In early 2008, Albert Elkouby bought a 1.54-acre piece of land on the corner of a main thoroughfare in Beverly Hills for $18 million and set about erecting a 28,000 square-foot “French chateau-inspired” house. Four years later, in 2012, Elkouby, who owns JH Design, an apparel company that makes branded jackets for the NFL, NBA, and Nascar, put the shell of the home on the market for $29.9 million.

Elkouby had originally bought the land for himself, said his daughter Vered Nisim, who through a family trust is a partial owner of the property. But after seeing yet another lot on the same street at a higher elevation, he decided to unload the property quickly, hence the not-quite-completed house going onto the market when it did. “I think he did it on a whim,” she said, but after minimal market interest, Elkouby took it off the market to finish it.
After another three years passed, the house, which has 11 bedrooms, 18 bathrooms, and a garage that holds 15 cars, returned to the market in 2015 for $72 million, or nearly a 141 percent price increase. The one catch? It still wasn’t done.

“Some of the finishes were far from being done,” said Nisim, who is the vice president of marketing at her father’s company. “And the landscaping wasn’t completed.” 
The family’s logic for listing the property before it was complete was simple, she said. With a  listing that expensive, “we were thinking that the potential buyer would come in with their own vision and taste, and then we would finish it for them.” 

But after it languished with no takers, they realized that “at this price point, the buyer needs to see the finished product,” she said. “It’s difficult for the buyer to envision what the house would look like, and that was our biggest barrier.”

So the house disappeared from the market once again, only to reappear earlier this month, fully complete and with an even higher price: $80 million.

A “Comparison Shopping” Issue

From a strategic standpoint, at least, the new price has some area brokers scratching their heads. “We don’t see a lot of high-end luxury developers raising their prices,” said Connie Blankenship, the director of luxury sales at Douglas Elliman Real Estate in Los Angeles. “If anything, they do it the other way, starting higher with the price they would love to get, and then if they’re not getting the activity they need, lowering the price.”the market for several years with an asking price of about $150 million.

This current house, in other words, isn’t a dramatic departure from the current, super-high-end market. 

That market, however, is unpredictable. “Many of these asking prices aren’t anywhere near the sales prices,” said Mandile. “Unless the house is at $30 million or $40 million and there are more sales to compare it to, you really can’t tell exactly what it’s really worth.”



Today's Mortgage Rates
Trump Administration Drama Pushing Rates Even Lower
Aug 17 2017, 5:17PM

Mortgage rates fell yesterday in response to a tweet about Trump disbanding his councils of CEOs.  Twitter was in play again today.  This time around it was Gary Cohn, Trump's economic advisor.  Rather, it was rumors of Cohn's departure that sent financial markets into a tail-spin.  Terror attacks in Spain may have played a supporting role.  The net effect was heavy losses for stocks and solid gains for bonds.  When bonds improve, rates fall.
Mortgage lenders continue to be slow to pass along the gains in bond markets in general, but they're certainly passing them along.  Multiple lenders issued positive reprices in the afternoon as bond markets rallied.  Conventional 30yr fixed rates are increasingly being quoted at 3.875% as opposed to 4.0% on top tier scenarios.  On average, rates are the lowest since November 2016--something we've been able to say for the 2nd straight day, and several times over the past few weeks.
52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM3.94%3.95%-0.013.37%4.39%
15 Yr FRM3.22%3.23%-0.012.72%3.61%
FHA 30 Year Fixed3.60%3.60%--3.20%4.10%
Jumbo 30 Year Fixed4.22%4.22%--3.50%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 on FaceBook.