Thursday, March 29, 2018


Today's Best Mansions.*


Their lavish. Their huge. Their grand. Their expensive


#1    New York  

18 Gramercy Park S, 15th Floor, New York, NY 10003 with 4 bedrooms, 10 baths and 6,329 sq.ft. is listed for sale at $46,500,000.

           ...

This glorious 10-room duplex penthouse on Gramercy Park designed by world renowned architect Robert A.M. Stern embodies sophistication and elegance on a massive scale. Featuring 63 windows and four exposures, this sprawling home offers a graceful layout with rift and quarter sawn white oak hardwood floors, beamed ceilings, a gas fireplace, four large terraces with sweeping views, and a private outdoor swimming pool and an outdoor hot tub. A key-locked elevator opens directly into the large foyer and entrance gallery, graciously flowing into the entertaining rooms on the first level. There is a 40-foot living room with three exposures overlooking Gramercy Park, and an adjacent windowed library and a windowed dining room. The eat-in chef's kitchen also provides three exposures and features hand painted cabinetry by Smallbone of Devizes, LeFroy Brooks fixtures, and top-of-the line appliances including Wolf ovens, a Sub-Zero refrigerator and a Miele dishwasher. An en-suite staff room is located off the kitchen and there are three, sun-drenched bedrooms, all with en-suite bathrooms, on this floor. The upper level, accessed by either the grand central staircase or via elevator, has a cheerful great room with three exposures, a gas fireplace, and a wrap-around terrace facing Gramercy Park. Next to the great room is a wet-bar (complete with a sink, refrigerator and dishwasher), powder room, and a sun deck with a heated infinity pool. The well-appointed master suite has two terraces, one with a hot tub, three exposures, and a spa-like master bathroom with heated floors, a steam shower, and a free-standing cast iron bathtub. Luxurious details fill the home such as herringbone floors, polished marble windowsills, hand troweled walls and ceilings, Lutron lighting, central heat and air conditioning with separate temperature zones for each room, and pre-wiring for electric shades. 18 Gramercy Park South is a Georgian Revival style luxury condominium built in 1927 and respectfully reimagined by the team behind Fifteen Central Park West - Zeckendorf Development, Global Holdings, and Robert A.M. Stern Architects, in 2013. The building consists of 16 homes on 18 floors, and owners enjoy five-star amenities including a full time general manager, 24-hour doorman, full-time concierge and staff of porters, two roof terraces, a club room, and a spa and fitness center managed by the Wright Fit. 
























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The median home value in Brooklyn is $784,200. Brooklyn home values have gone up 13.1% over the past year and Zillow predicts they will rise 3.8% within the next year. 

The median home value in Manhattan is $1,323,500. Manhattan home values have gone up  9.1% over the past year and Zillow predicts they will rise 3.1% within the next year.

The median home value in Southampton is $1,493,200. Southampton home values have gone up 9.9% over the past year and Zillow predicts they will rise 3.1% within the next year.

The median home value in Bridgehampton is $1,884,700. Bridgehampton home values have gone up 9.8% over the past year and Zillow predicts they will rise 3.1% within the next year.         

The median home value in SoHo is $2,582,400. SoHo home values have declined -3.5% over the past year and Zillow predicts they will rise 1.1% within the next year

The median home value in 11976 is $3,632,100. 11976 home values have declined -3.3% over the past year and Zillow predicts they will rise 0.9% within the next year.

The median home value in Tribeca is $3,045,900. Tribeca home values have declined -2.8%  over the past year and Zillow predicts they will fall -1.3% within the next year. 



#2    Los Angeles  

10 North Hillcrest R, Beverly Hills, CA 90210 with 5 bedrooms, 9 baths and 8,055 sq.ft. is listed for sale at $33,750,000.



"The Skouras Residence". Behind gates with expansive motor court and beautiful views. Classic 1956 Harold Levitt is timeless and in impeccable condition. The antithesis of the proliferation of modern boxes currently flooding Trousdale. On a large 39+k lot. The entry is flooded with light from the high ceilings and opens to the living room, bar, lanai and game room plus a large dining room opening to a special outdoor dining area. The music room leads into the book-shelved library. Themagnificent kitchen and butler's pantry are stainless steel and generous from cooking to storage. The kitchen opens to a family room with large screen TV. Left of the entry are three bedrooms with baths (one is now a gym). To the right is the sumptuous master bedroom, with separate his/hers baths, looking out to a fountain and the view beyond. A sunny pool, lounge area, and bar and BBQ offer private swimming and sunning areas. Off the living room is a wonderful sitting area with an outdoor fireplace.































#3     Florida  

1790 South Ocean Blvd., Lake Worth, Florida 33462 with 8 bedrooms, 10 baths and 12,435 sq.ft. is listed for sale at $29,500,000.



Ensconced in an ocean-to- Intracoastal oasis spanning 150+/- feet of oceanfront, and 150' of direct intracoastal sits this stunning modern classic Estate. Zen-like tranquility fills this sublime modern classic design. Fine natural materials are crafted with artistic vision, rendering each detail an object of beauty. Sheltering rooflines and multi-level garden terraces reinforce the intimate connection of the residence with its landscape, an alluring oasis elevated high above the Intracoastal in Manalapan's estate section.



























The median home value in  Naples, 34102 is $610,200. Naples home values have declined -2.1% over the past year and Zillow predicts they will rise 1.5% within the next year. 

The median home value in Palm Beach is $930,700. Palm Beach home values have gone up 8.7% over the past year and Zillow predicts they will rise 2.1% within the next year. 

The median home value in Key Biscayne is $1,104,500. Key Biscayne home values have declined -4.4% over the past year and Zillow predicts they will fall -3.2% within the next year.

The median home value in Boca Grande is $1,410,900. Boca Grande home values have gone up 2.3% over the past year and Zillow predicts they will rise 1.5% within the next year. 

The median home value in Fischer Island, Miami 33109 is $3,299,900. Fischer Island is an exclusive enclave with only 218 households and a total population of 467 persons..
  


# 4   Colorado  

8231 Country Road 500, Pagosa Springs, Colorado 81147 with 5 bedrooms, 6 baths and 14,000 sq.ft. is listed for sale at $18,500,000.



Taylor Canyon Ranch is a rare and spectacular 2,215-acre recreational ranch within 15 minutes of Pagosa Springs, Colorado. The ranch is being offered for sale for the first time in over 25 years. The land has been groomed and manicured meticulously over the years creating a sanctuary for wildlife. As a result, there are hundreds of elk, thousands of turkey, mule deer, black bear and mountain lion. A 14,000 SF custom-built farmhouse is the perfect retreat from the world or as a staging area for a more substantial ranch compound, if desired. No conservation easements have been placed, providing maximum flexibility for a new buyer. The property is a breathtaking mix of pastures, meadows, ponds, forest and rolling benches and with over 26 miles of well designed private roads providing easeful access to the majority of the property. Elevations range between 6,600 ft and 8,200 ft and well placed picnic areas with fire pits take advantage of the dramatic views as the sun rises and sets on multiple sites on the property. Bordering the National Forest on two sides, the ranch offers the ultimate in privacy and quietude. There are 11.5 CFS of senior deeded water rights provided through an assemblage of wells, springs and ponds. The land is a beautiful canvas ready to be refined and turned into your dream American Ranch Property. 



































The median home value in Denver is $407,100. Denver home values have gone up 8.9% over the past year and Zillow predicts they will rise 4.6% within the next year.

The median home value in Avon is $597,500. Avon home values have gone up 4.4% over the past year.

The median home value in Vail is $873,400. Vail home values have gone up 5.4% over the past year.

The median home value in Aspen is $1,277,400. Aspen home values have declined -12.4% over the past year.

The median home value in Snowmass Village is $1,545,000.




#5      Seattle  

2821 2nd Avenue,  Seattle, WA 98121 with 3 bedrooms, 5 baths and 5,732 sq.ft. is listed for sale at $13,800,000



This exquisite penthouse offers more than 5700 sq ft of living space spread between 2 floors, created as a collaboration between designer Gregory Carmichael and architect Rick Sundberg. Designed to function as an ingenious framework for unparalleled views of Seattle and its natural surroundings, the residence is meticulously constructed from a sophisticated palette of exotic hardwoods, artisan metals and natural stone surfaces and is offered with a full suite of bespoke furnishings. Offered fully furnished, with 3 parking and storage. Amenities include: 24 hr door staff, pool, gym, spa, running track, garden and tennis court.




























The median home value in King County is $627,400. King County home values have gone up 17.5% over the past year and Zillow predicts they will rise 6.8% within the next year. 

The median home value in Kirkland is $749,900. Kirkland home values have gone up 22.2% over the past year and Zillow predicts they will rise 7.8% within the next year.

The median home value in Seattle is $740,700. Seattle home values have gone up 18.0% over the past year and Zillow predicts they will rise 6.9% within the next year.

The median home value in Bellevue is $906,500. Bellevue home values have gone up 18.1% over the past year and Zillow predicts they will rise 6.8% within the next year.

The median home value in Mercer Island is $1,532,000. Mercer Island home values have gone up 13.7% over the past year and Zillow predicts they will rise 6.0% within the next year.

The median home value in Clyde Hill is $2,772,700. Clyde Hill home values have gone up 21.4% over the past year and Zillow predicts they will rise 7.3% within the next year.             

The median home value in Medina is $2,789,200. Medina home values have gone up 16.8% over the past year and Zillow predicts they will rise 6.4% within the next year.  


#6      San Francisco

443 Belvedere Avenue, Belevedere Tiburon, CA 94920 with 4 bedrooms, 5 baths and 
3,756 sq.ft. is listed for sale at $12,995,000.



Situated at a magnificent near-tip location of Belvedere Island south side facing stunning world-class views, this mid-Century approximately 3,756 square foot home on approximately 1.26 acre double lots features 4 bedrooms, 4.5 baths, pool, multiple terraces, living room with fireplace and 18+ feet high ceilings, opening onto terraces and gardens; library with fireplace and view deck, formal dining room with view deck, spacious French Country style kitchen, master bedroom with fireplace + 2 other bedrooms opening onto pool terrace and gardens, an entry floor bedroom with full bath for handicap access. The home and beautiful lush gardens all facing the panoramic views from Bay Bridge, San Francisco, Golden Gate Bridge, Sausalito to Mount Tamalpais. 2 car garage on street level. Large Bay frontage is possible to build a boat dock subject to City and BCDC approval. The house was designed and built by architect John Lord King in 1962 for the current owner, the Morrison family. The adjacent lot was purchased in 1966. The house was the subject of an article "The House that Steel Built" for the extensive use of steel and concrete in the construction. It has also been featured in other articles, ads, and once in a TV mini series. The pool and surrounding stone terrace were completely redone in 2008. The landscaping is irrigated, and lighted and was a highlight of the annual garden club tours for many years.






























The median home value in Marin County is $1,108,000. Marin County home values have gone up 5.8% over the past year and Zillow predicts they will rise 3.5% within the next year.

The median home value in Santa Clara County is $1,283,000. Santa Clara County home values have gone up 26.9% over the past year and Zillow predicts they will rise 8.9% within the next year. 

The median home value in San Francisco County is $1,290,000. San Francisco County home values have gone up 10.8% over the past year and Zillow predicts they will rise 3.6% within the next year.  

The median home value in Sausalito is $1,362,000. Sausalito home values have gone up 5.9% over the past year and Zillow predicts they will rise 3.9% within the next year.

        
The median home value in Tiburon is $2,660,600. Tiburon home values have gone up 6.0% over the past year and Zillow predicts they will rise 3.3% within the next year.
       
The median home value in Saratoga is $2,986,200. Saratoga home values have gone up 22.8% over the past year and Zillow predicts they will rise 8.1% within the next year.

The median home value in Palo Alto is $3,211,100. Palo Alto home values have gone up 25.7% over the past year and Zillow predicts they will rise 8.7% within the next year. 

     
 The median home value in Los Altos is $3,461,900. Los Altos home values have gone up 22.7% over the past year and Zillow predicts they will rise 8.1% within the next year

The median home value in Los Altos Hills is $5,314,800. Los Altos Hills home values have gone up 22.5% over the past year and Zillow predicts they will rise 8.5% within the next year.    

         
The median home value in Atherton is $7,552,900. Atherton home values have gone up 20.7% over the past year and Zillow predicts they will rise 5.6% within the next year. 
      




#7     Phoenix  

250 Enchanted, Sedona, AZ 86336, Sedona, AZ 86336 with 7 bedrooms, 14 baths and 15,000 sq.ft. is listed for sale at $12,500,000.

Vista Rossa is a sprawling 10-acre estate that is cradled in the Red Rock mountains of Sedona, Arizona featuring sweeping views and a private, resort-like setting. The scale of this 15,000 square-foot, seven-bedroom and 14-bath home was designed to match the grandeur of the red rocks it borders. Nestled against the Coconino National Forest. Designed by one of Arizona's top builders, Morris Fine Homebuilding, this extraordinary estate was planned specifically for its elevated location and borders the national forest offering residents the ultimate in privacy and recreation.































The median home value in Maricopa County is $256,700. Maricopa County home values have gone up 7.7% over the past year and Zillow predicts they will rise 2.8% within the next year. 

The median home value in Scottsdale is $444,100. Scottsdale home values have gone up 6.4% over the past year and Zillow predicts they will rise 2.5% within the next year. 

The median home value in Carefree is $746,900. Carefree home values have declined -0.9% over the past year and Zillow predicts they will rise 0.6% within the next year. 

The median home value in Paradise Valley is $1,657,900. Paradise Valley home values have gone up 3.3% over the past year and Zillow predicts they will rise 1.6% within the next year.



#8     San Diego 

701 1st  Street, Coronado, CA 92118 with 7 bedrooms, 8 baths and 9,130 sq.ft. is listed for sale at $4,495,000.





Exquisite and Captivating. At .41 acres, this property is situated on one of the largest waterfront lots in San Diego with over 65'' of bay frontage. The extraordinary Santa Barbara/Spanish style estate boasts the most breathtaking harbor & city skyline views. This incomparable LEED Certified residence offers meticulous detail, numerous technological upgrades, and includes a subterranean 6+ car garage with turntable and a 1,200 sq ft 2 bedroom, 2 bath detached guest house with private deck, patio & spa. There is an impeccable attention to detail throughout this elegant home. The residence features solid knotty alder raised panel doors, beautifully patterned Spanish tile flooring, French white oak wood floors, a chilled wine vault, radiant floor heating and full separate prep or catering kitchen. The master retreat consists of the entire upper level with its own private view deck, sitting room with fireplace, exercise room/office, wet bar and 200 square foot closet with self contained laundry. LEED Gold certified energy efficient and environmentally friendly construction. 3 separate and distinct levels with multiple entertaining and relaxation areas (all with views), a 4 stop elevator and almost 900 square feet of a recreation/media room. The garage will store 6+ vehicles and is equipped with a turntable. Direct access for Kayaking or paddle boarding is just steps away

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The median home value in San Diego County is $581,100. San Diego County home values have gone up 10.1% over the past year and Zillow predicts they will rise 5.7% within the next year. 

The median home value in Solana Beach is $1,302,600. Solana Beach home values have gone up 16.1% over the past year and Zillow predicts they will rise 6.6% within the next year. 

The median home value in Coronado is $1,619,200. Coronado home values have gone up 4.0% over the past year and Zillow predicts they will rise 5.8% within the next year.

The median home value in La Jolla is $1,940,900. La Jolla home values have gone up 11.3% over the past year and Zillow predicts they will rise 6.8% within the next year.

The median home value in Del Mar is $2,387,000. Del Mar home values have gone up 10.5% over the past year and Zillow predicts they will rise 3.4% within the next year.

The median home value in Rancho Santa Fe is $2,794,800. Rancho Santa Fe home values have gone up 9.3% over the past year and Zillow predicts they will rise 4.8% within the next year





Today's Mortgage Rates 

United States MBA 30-Yr Mortgage Rate

Mortgage Rate in the United States averaged 6.32 percent from 1990 until 2018, reaching an all time high of 10.56 percent in April of 1990 and a record low of 3.47 percent in December of 2012.



Mortgage Rates at 2-Week Lows
Mar 28 2018, 4:35PM

Mortgage rates were sideways to slightly lower today, keeping/bringing them in line with the lowest levels in roughly 2 weeks (depending on the lender).  Interest rates in the broader bond market were slightly better off, with 10yr Treasury yields falling to the best levels since early February.  

While it hasn't always been the case (especially during the mortgage meltdown), the 10yr Treasury yield (the rate the US government pays on the money it borrows for 10 years) correlates with mortgage rate movement extremely well.  Think of Treasuries like a person holding a leash, and think of mortgage rates like a reasonably well behaved dog on the other end of that leash.  The dog may tug or lag behind, but he/she's generally not far from master's side. 

In the current case, the dog is lagging the master to a small extent.  In other words, mortgage rates haven't returned to previous lows as quickly as Treasuries.  That may not be the greatest news for today's mortgage rates, but it means that there's room to improve if Treasuries are able to keep the recent trend alive.  Looked at another way, the absence of improvement means mortgage rates could be better insulated in the event the broader rate market moves higher tomorrow and next week.

All that having been said, we still haven't seen resounding evidence that rates can move lower in a big, meaningful way so far in 2018.  That's not to say it couldn't happen--just that it hasn't happened yet.  As such, mortgage rates at 2-week lows present a good opportunity for those hoping to lock in at slightly more favorable terms.  After all, "slightly more favorable" is just about the biggest victory that's been available for prospective mortgage borrowers so far in 2018.

52 Week

ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.51%4.52%-0.013.84%4.58%
15 Yr FRM3.89%3.90%-0.013.12%3.94%
FHA 30 Year Fixed4.30%4.30%--3.35%4.38%
Jumbo 30 Year Fixed4.54%4.55%-0.014.10%4.60%
5/1 Yr ARM3.63%3.62%+0.013.01%3.66%

Looking for more information?  Have a comment regarding any of today's mansions? 
Please text or email me at 619-944-8749 or furtree@msn.com.  Most importantly have a great day!

Cordially,  

Tom Furino  

PS.   Thank you for reading my blogs. Today's Best Mansions has been read by over 150,000 individuals!  Check it out everyday at: www.todaysbestmansionsforsale.com