Tuesday, January 16, 2018


Today's Best Mansionwww.todaysbestmansionsforsale.com

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

#1      1000 Spraddle Creek Road, Vail, Colorado 81657 with 5 bedrooms, 9 baths and 12,221 sq.ft. is listed for sale at $24,900,000.



Enjoy endless sunshine and magnificent panoramic views of Vail Mountain from every room in this breathtaking home located in Vail's most exclusive, gated neighborhood. Boasting over 12,000 square feet, this 5 bedroom, 9 bath home with office tower, movie theatre, spacious home gym with steam shower, glass enclosed wine cellar, craft room, elevator, detached massage hut, and oversized 4 car garage. Over 2,900SF of heated patios with custom infinity pool, pizza oven, fire pit, and water feature.

















Today's Top Real Estate News

The Seller of this 9,000-square-foot Malibu Estate listed for $45,000,000 is willing to accept bitcoin for the payment

By Diana Oleck
CNBC



Dr. Wei Tzuoh Chen is putting his 9,000-square-foot beachfront Malibu home on the market for $45 million.

It's a stunning masterpiece, designed by architect Ed Niles, unlike any other house on the ultra-luxurious strip of California beach. Angles jut out in every direction, most of the walls are windows, and a catwalk crosses the two-story entry foyer connecting the upstairs bedrooms.

Perhaps most unusal, Chen is willing to accept bitcoin as part of the payment from a buyer.
The kidney specialist, who has lived in the United States since the 1970s, says he is fascinated with cryptocurrencies and considers them to be just as legitimate as a dollar, pound or yen.

"I've been interested since it started, and I'm always watching what's going on," said Chen. "It's going to be the future. It just depends which one is going to be stabilized in the current market.

Do his neighbors think he's crazy?  "Oh yes!" he laughed.

Chen, who says he has already invested in cryptocurrencies, said he believes banks are on the verge of buying in, which would give more support to the cryptomarket. That, in turn, could push values even higher.

Chen is also quite pragmatic about the benefits of accepting a currency that is largely unregulated.

"According to current situation, if you buy the property with cryptocurrency, it's difficult to identify the cost of the real estate because it fluctuates so much," he said. "The government will have a hard time to tax or put a property value on the house you are going to sell."  "I'm not saying it's safe. I'm just willing to take the risk for investment. Just like everybody else." -Dr. Wei Tzuoh Chen, Malibu home seller

And that opens up the potential buyer market for his home. There may not be a ton of $45 million buyers, but there are more now than there were even a year ago, thanks to cryptocurrencies.

New millionaires are now looking for ways to take some of the volatility out of their cryptogains, and brick-and-mortar real estate is the perfect way.

"The majority of bitcoin purchasers are outside of this country," Chen said. "And for this type of house and this amount, I think we'll attract more international buyers than from our country."

Chen said if he does get bitcoin in the sale, he will keep some of it and change some for dollars. Given the volatility of bitcoin, he could gain or lose money within days, essentially getting more or less for his home than he intended.

And that's why he only wants part of the payment in cryptocurrency.

"I'm not saying it's safe," Chen said. "I'm just willing to take the risk for investment. Just like everybody else."


Today's Top San Diego Luxury Estates


The median home value in San Diego County is $560,800. San Diego County home values have gone up 6.6% over the past year and Zillow predicts they will rise 3.7% within the next year.

The median home value in Coronado is $1,553,700. Coronado home values have gone up 3.5% over the past year and Zillow predicts they will rise 2.7% within the next year.         

The median home value in La Jolla is $1,858,600. La Jolla home values have gone up 7.0%         over the past year and Zillow predicts they will rise 3.9% within the next year.

The median home value in Solana Beach is $1,227,700. Solana Beach home values have gone up 8.3% over the past year and Zillow predicts they will rise 3.6% within the next year.               
The median home value in Del Mar is $2,251,000. Del Mar home values have gone up 0.3% over the past year and Zillow predicts they will rise 3.2% within the next year. 

The median home value in Rancho Santa Fe is $2,733,200. Rancho Santa Fe home values have gone up 4.1% over the past year and Zillow predicts they will rise 2.9% within the next year.

#1      7116 Vista Del Mar Avenue, La Jolla, CA 92037 with 4 bedrooms, 5 baths and 
4,225 sq.ft. is listed for sale at $7,950,000.



Oceanfront & architecturally spectacular, this modern Mediterranean offers gorgeous whitewater views & extraordinary detailing including curvilinear design, dramatic skylit entry rotunda, 10' ceilings, travertine flooring & lighted crown mouldings. Dining, living, & family rooms surround the professional kitchen and the rooftop deck & dedicated media theater are perfect for gathering & games. Expansive bedrooms w/outdoor access are tucked into private areas including a grand seaside master. 





















Today's Top LA Luxury Estate.


The median home value in Orange County is $692,900. Orange County home values have gone up 4.1% over the past year and Zillow predicts they will rise 1.7.% within the next year. 

The median home value in Los Angeles County is $588,000. Los Angeles County home values have gone up 67.8% over the past year and Zillow predicts they will rise 2.6% within the next year.

The median home value in Newport Beach is $1,704,700. Newport Beach home values have gone up 4.3% over the past year and Zillow predicts they will rise 2.2% within the next year. 

The median home value in Santa Monica is $1,502,700. Santa Monica home values have gone up 7.9% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Pacific Palisades is $2,884,200. Pacific Palisades home values have gone up 7.9% over the past year and Zillow predicts they will rise 2.8% within the next year.

The median home value in Malibu is $3.081,600. Malibu home values have gone up 8.1% over the past year and Zillow predicts they will rise 3.0% within the next year.

The median home value in Bel Air is $3,455,900. Bel Air home values have gone up 5.0% over the past year and Zillow predicts they will rise 2..2% within the next year.

The median home value in Beverly Hills, 90210 is $5,092,600. 90210 home values have gone up 7.5% over the past year and Zillow predicts they will rise 2.5% within the next year.

#1      31952 Apuesto Way, Coto De Caza, CA 92679 with 6 bedrooms, 6 baths and 7,600 sq.ft. is listed for sale at $8,999,000.



Welcome to 31952 Apuesto Way, one of Orange County's premier equestrian estates. This fabulous 6-bedroom is situated on a sprawling 11 acres in the desirable "Los Ranchos Estates" of Coto de Caza. You'll be enthralled by breathtaking views of pristine vistas as you enter gated estate to the stunning circular driveway. Tons of natural light bouncing off the high beamed ceilings gives a warm & inviting feeling in the stylish living area with brick fireplace. The huge gourmet kitchen is fit for a chef w/Miele appliances, La Cornue range, wine refrigerators, built-in refrigerator, 3-islands, & more. Family room w/2-story ceilings, fireplace, built-ins, & doors leading to outdoor entertaining area. Main level master suite features beamed ceilings, fireplace, wainscoting, & incredible views w/outdoor access. Spa master bath offers resort-like retreat with stunning Quartz countertops, limestone backsplash, his & her vanities, walk-in shower, and jetted tub overlooking peaceful zen garden. Downstairs features guest bedroom w/full en suite bath and office. Upstairs boasts 4-secondary bedrooms, 3 bathrooms & bonus room. Backyard w/spectacular views & dazzling pool is an entertainer's dream. Horse lovers will thrive with corral, 7-stall barn with tack room, riding ring, hot walker, pastoral areas, well & access to nearby trails. Plenty of room for parking trailer + 6-car garage. Don't miss your chance to experience this incredible property for yourself, schedule a private showing today! 



















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 Maricopa County is $251,200. Maricopa County home values have gone up 7.1% over the past year and Zillow predicts they will rise 3.0% within the next year.

The median home value in Scottsdale is $434,700. Scottsdale home values have gone up 5.0% over the past year and Zillow predicts they will rise 2.4% within the next year.

The median home value in Carefree is $747,800. Carefree home values have gone up 0.8% over the past year and Zillow predicts they will rise 1.3% within the next year. 

The median home value in Paradise Valley is $1,638,100. Paradise Valley home values have gone up 2.2% over the past year and Zillow predicts they will rise 1.5% within the next year.

#1      6045 North Kachina Lane, Paradise Valley, AZ 85253 with 4 bedrooms, 5 baths and 6,095 sq.ft. is listed for sale at $4,095,000.



Renowned architect Erik Peterson of Phoenix Architecture created this awe-inspiring home with tons of love from the owners. This estate is a masterpiece of design and craftsmanship built by Calvis Wyant in 2016 and features 4 br's, and an office in the main house + a guest casita complete with living room, kitchen and covered ramada. From the retractable doors that disappear into the walls and reclaimed beams in great room to the glorious millwork, you will not want to miss this extremely special estate. Home features a chef's kitchen with Calcutta marble island all overlooking the charming great room and hand carved Limestone fireplace. Lovely East facing breakfast room adjoins the kitchen and overlooks the refined gardens, lush grass, pool & jacuzzi. Peaceful Master suite is complete with his/hers closets, beverage center + beautiful tranquil bathroom with honed Carrara Marble countertops and steam shower. Secondary Guest suites are generously sized w/ large walk-in closets and lots of natural light. Guest baths feature Belgian blue stone floors, and honed Cararra Marble vanities. The exterior landscape design is by Refined Gardens and offers an Old Chicago Brick patio, many lush varietals of blooming vegetation and a soothing fountain. Extraordinary covered patio features buit-in BBQ and in-ceiling Infratech Heaters. The outdoors are complete with a multitude of spaces for intimate seating and wine sipping by fire pit This home abounds with charm and the feeling of serenity.
















Today's Top San Francisco Luxury Estate

Image result for San Francisco skyline pictures

The median home value in San Francisco County is $1,276,000. San Francisco County home values have gone up 12.9% over the past year and Zillow predicts they will rise 4.3% within the next year. 

The median home value in Marin County is $1,081,500. Marin County home values have gone up 7.2% over the past year and Zillow predicts they will rise 3.9% within the next year.9
The median home value in Santa Clara County is $1,152,300.  Santa Clara County home values have gone up 17%.6 over the past year and Zillow predicts they will rise 8.8% within the next year.

The median home value in Sausalito is $1,362,900. Sausalito home values have gone up 6.2% over the past year and Zillow predicts they will rise 3.9% within the next year. 

The median home value in Tiburon is $2,580,200. Tiburon home values have gone up 5.4% over the past year and Zillow predicts they will rise 3.4% within the next year

The median home value in Palo Alto is $2,883,600. Palo Alto home values have gone up 15.6% over the past year and Zillow predicts they will rise 8.4% within the next year.         
            
The median home value in Los Altos is $3,118,100. Los Altos home values have gone up 13.1% over the past year and Zillow predicts they will rise 7.3% within the next year.         

The median home value in Saratoga is $2,715,800. Saratoga home values have gone up 14.5% over the past year and Zillow predicts they will rise 8.2% within the next year.    

The median home value in Atherton is $6,939,400. Atherton home values have gone up 11.8% over the past year and Zillow predicts they will rise 4.3% within the next year.

#1      245 Alhambra Street, San Francisco, CA 94123 with 4 bedrooms, 4 baths 
and 2,895 sq.ft. is listed for sale at $4,395,000.


This stunning Marina home is the perfect blend of traditional architecture and modern amenities. Fully-remodeled, it boasts 4+ bedrooms, 3.5 bathrooms, & 2 parking on 3 levels. Off the entry is a spacious living room w/ wood burning fireplace, flat-screen TV, B&W speakers & hard-wood floors. A large dining room leads to a state-of-the-art kitchen (all high-end appliances & custom cabinetry) that opens to a generous walk-out deck. The master suite features a walk-in closet, spa-like bathroom & a nursery/office/sunroom. A 1/2 bath completes this level. Upper level features 1 bed, 1 bath & a sitting area. Lower level offers 2 bedrooms & 1 bath surrounding a family room & opens to an oversized garden w/hot tub and fire pit. Much more...!













Today's Top Seattle Luxury Estate

Image result for Seattle  
The median home value in King County is $602,200. King County home values have gone up 15.3% over the past year and Zillow predicts they will rise 6.3% within the next year

The median home value in Kirkland is $717,100. Kirkland home values have gone up 20.1%  over the past year and Zillow predicts they will rise 7.2% within the next year.

The median home value in Seattle is $708,600. Seattle home values have gone up 15.3% over the past year and Zillow predicts they will rise 6.2% within the next year.

The median home value in Bellevue is $871,100. Bellevue home values have gone up 16.6% over the past year and Zillow predicts they will rise 6.3% within the next year.

The median home value in Mercer Island is $1,422,600. Mercer Island home values have gone up 7.9% over the past year and Zillow predicts they will rise 4.2% within the next year. 

.The median home value in Clyde Hill is $2,650,900. Clyde Hill home values have gone up 18.7% over the past year and Zillow predicts they will rise 7.1% within the next year.

 The median home value in Medina is $2,708,900. Medina home values have gone up 14.1% over the past year and Zillow predicts they will rise 6.3% within the next year.


#1      747  St. Helens Avenue #1-4 Tacoma  WA with 16,629 sq.ft. including 3 commercial spaces and Owners residence with 3 bedrooms, 3 baths and 4,157 sq.ft. is listed for sale is $6,298,700.




Historic 1889 Landmarked Downtown Tacoma Building. Previously the Elderidge Hotel & the 1st YMCA in Tacoma. Fully renovated in 2007 including Seismic Retrofitting, Electrical, Sprinklers, Elevator & 2 Car Garage. Converted into 4 Commercial Condo's, 3 Levels are Office Space & Luxury 2 Story 4157 sq ft Penthouse with 3 Bedrooms 3.25 Baths, Chefs Kitchen with Viking Appliances, Granite, heated tiles floors, Media Room and Private Office. Rooftop Deck with Outdoor Viking Kitchen & Water Views!


















Today's Best Mortgage Rates
Mortgage Rates Avoid More Dire Outcomes After Inflation Report
Jan 12 2018, 8:00PM

Mortgage rates caught a break yesterday by moving lower for the first time this week.  They arguably caught a break again today by not moving any higher than they did.  Underlying bond markets (which drive mortgage rate changes) were rocked this morning by stronger inflation data.  The important Consumer Price Index (CPI) was expected to hold steady at the same low levels that have persisted since the middle of 2017.  The modest uptick in inflation sent bond yields higher and resulted in most mortgage lenders putting out noticeably higher rates this morning.

Lenders don't like to put out more than one rate sheet per day if they can help it, but if markets move enough, they will "reprice."  After the initial trauma, bond markets began a trend of improvement that ultimately resulted in widespread positive reprices for mortgage rates.  We didn't quite make it back to yesterday's levels, but we did manage to avoid ending the day at fresh 6-month highs.  The same couldn't have been said if the day ended this morning.

In the bigger picture, rates remain under general pressure.  There's some hope in the outlook thanks to 2 decent bounces against rate ceilings in bond markets this week, but we have yet to see that hope materialize in the form of a sustained move lower.  It makes sense to remain defensive until that changes.
                                                                                                                        52 Week
ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.15%4.14%+0.013.84%4.39%
15 Yr FRM3.48%3.46%+0.023.12%3.61%
FHA 30 Year Fixed3.80%3.75%+0.053.35%4.05%
Jumbo 30 Year Fixed4.30%4.29%+0.014.10%4.60%
5/1 Yr ARM3.22%3.21%+0.012.98%3.25%
Looking for more information?  Have a comment regarding any of today's 
mansions?  Need a Realtor referral?  Please text or email me at 619-944-8749 
or furtree @msn.com. Most importantly, have a great day.

Cordially,

Tom


PS.   Thank you for reading my blogs. Today's Best Mansions has now been read by over 150,000 individuals!