Monday, July 30, 2018

Today's Best Mansions: 

#1   9255 Doheny Road, PH, West Hollywood, CA 90069 is listed for sale at $48,888,888.

The median home value in 90069 is $977,700. 90069 home values have gone up 7.8% over the past year. It is predicted they will rise 7.4% within the next year.

9255 DOHENY Road, #902, West Hollywood, CA 90069

Live on top of the world! For the first time ever on the market, you can purchase the entire top floor at the exclusive Sierra Towers, a full service, full amenity high rise building. A unique and rare offering, this 6 bedrooms, 7 bath, 7,000 sq.ft. penthouse is one massive raw space for you to create your masterpiece. Offering 360 degree views throughout Los Angeles from Hollywood Hills to DTLA to the ocean has an additional 4,000 square feet of terraces and 15 foot ceilings. Also included in the sale  are two additional living spaces comprised of 1 studio and 1 one-bedroom 

#2   1600 Ponce De Leon Drive, Fort Lauderdale, Florida 33316 is listed for sale at $28,995,000.

The median home value in 33316 is $525,000. 33316 home values have gone up 2.0% over the past year. It is  predicted they will rise 5.0% within the next year.

Enjoy the privacy and serenity of a true 8 bedroom, 11 bath, 16,022 sq.ft. mansion with 500 ft of deep waterfrontage and almost 2 acres of property this is one of the City's most significant Estates! Amazing grounds by famous landscape artist Raymond Jungles surround this incredible & substantial custom built retreat both timelessly elegant & perfectly presented. Warmth & detail from exotic, rare woods & finishes throughout entertaining areas & intimate bedroom suites. Master Wing.Separate Guest House.Multiple yacht dockage!

#3   199 Eagle Park Drive, Aspen, Colorado 81611 is listed for sale at $17,900,000.

The median home value in 81611 is $1,386,200. 81611 home values have gone up 13.1% over the past year.  It is  predicted they will rise 1.4% within the next year.

Radiating the presence and grandeur of a classic mountain lodge, this stately 6 bedroom,
8 bath, 11,170 sq.ft estate rests serenely on a ridge overlooking the picturesque Owl Creek Valley, mere minutes from Aspen and with views of Mt. Sopris and Garrett Peak in the distance. While its presence is imposing, its welcoming embrace, ambiance of relaxed sophistication, and extraordinary furnishings - many of which are included with the residence -- are at once captivating and comforting. Return to the Era of Private Mountain Lodges and Country Estates Time slows as one enters the home's spacious motor court and the shelter of its porte cochère. Beautiful custom doors open to an expansive central hallway leading to exposed living spaces in both directions. Directly across the entry, an enormous Great Room showcases a panoramic vista of the valley, hills, and mountains beyond through floor-to-ceiling windows. Tall glass doors provide portals to the sprawling deck. At both ends of the Great Room, large fireplaces present their warming glow framed in dramatic river rock surrounds reaching to the peak of the room's soaring cathedral ceiling with its massive exposed log trusses. Rustic Living, Rarified and Refined The Lodge at Eagle Pines is, after all, a luxurious log cabin. Walls are of beautiful logs, ceilings are of finely-finished wood slats, many of the floors are polished wide plank hardwood or carefully chosen flagstone, and striking outsized chandeliers light up the rooms. Those elements -- complemented by the open floorplan, expanses of glass, and towering ceilings -- create an interplay of earth, air, space and light; quite appropriate for this hallowed corner of the world. Timeless Class Meets Contemporary Amenities There is much more to this over 11,000 square foot manse, of course. The gourmet culinary center, for example, features only top-of-the-line appliances, abundant custom cabinetry, a substantial and versatile center island with seating for casual repasts, and an adjacent informal dining cove. A cozy media room and nearby office provide a sanctuary for business matters, reading or quiet contemplation. The large game room sports a full bar; and the climate-controlled wine room hosts storage for hundreds of bottles. Pleasure and Pampering for Owners and Guests Convenient, yet privately located on the main floor, the master bedroom suite rivals accommodations at even the most luxurious mountain resort, with its dramatic stone fireplace, its wall of windows providing breathtaking valley and sunset views, doors to a private deck, and a lavish bath featuring dual sinks, a spa tub and multi-head steam shower. There are 4 additional bedrooms with baths en suite, including one with a rejuvenating steam room. Upstairs, an expansive bunk room provides accommodations for multiple members of the family or entourage. Room to enjoy. Room to grow The Lodge at Eagle Pines offers enormous enjoyment as a full-time residence, home away from home or corporate retreat. Its more than 4 acres of land currently host manicured lawns, gardens, a hot tub, an outdoor kitchen and alfresco dining areas. This magnificent property has provided a tradition of countless pleasurable and gratifying hours. Its legacy will surely endure for many generations to come. 

#4      7 Chauncey Close, East Hampton, NY 11937 is listed for sale at $16,750,000.

The median home value in 11937 is $1,494,600. 11937 home values have gone up 18.7% over the past year.  It is predicted they will rise 11.1% within the next year.

This stunning 2.4 acre home  with 5 bedrooms, 7 baths and 7,000 sq.ft. sits on a quiet waterfront peninsula on Georgica Cove. The home boasts five bedrooms and six and one-half baths plus a 60 ft. heated swimming pool and pool house. Built in 1997 by Caramagna Builders and designed by architects Zwirko & Ortmann, this home features a two-story entrance foyer, living room with bay windows, library, circular dining room and a country kitchen with fireplace, porch/sunroom with radiant heat. The Master bedroom with fireplace and balcony is on the second floor along with a stunning circular sunroom. The full basement is finished and houses a recreational room, laundry, storage closets, and full bath. This property is adjacent to a five+ acre reserve.

#5    1 Tiburon Round Hill, Belvedere Tiburon, CA 94920 is listed for sale at $9,900,000.

The median home value in 94920 is $2,802,600. 94920 home values have gone up 6.8% over the past year. It is predicted they will rise 3.1% within the next year.

Nested in a prime Tiburon Round Hill neighborhood, this custom built, modern architecture home sits on well over an acre. The gated, flat lot boasts expansive views of downtown San Francisco, the Golden Gate bridge and Sausalito. Immaculate design in every little detail, the house is airy and filled with light. It features exceptional automation technologies that complement its unique modernist style, like a one-of-a-kind gate, a swimming pool that opens to the views and many more.

#6   824 Neptune, Encinitas, CA 92024 is listed for sale at $8,800,000.

The median home value in 92024 is $998,100. 92024 home values have gone up 5.7% over the past year. It is predicted they will rise 3.8% within the next year.

Rare new construction with 5 bedrooms, 6 baths and 4,264 sq.ft. includes an  upper and lower sea walls. Savor the surf & beach, or watch migrating whales from the 2,000 sqft ocean terrace or the private 300 sqft balcony off the luxurious master. Frameless glass doors leading out the terrace allows for an indoor outdoor lifestyle. Imagine yourself languishing around the large outdoor fire pit while marveling at the sunset. Easy living, this 3 story home lives like a single story, use the glass framed elevator backed with 3 story custommosaic by Rick Skalak Luxurious appointments abound in ideal harmony and inspires the senses with glowing crystal kitchen counters, mother of pearl wall, 20 crystal chandelier, and limestone floors. The best of the natural world and technology has been thoughtfully entwined to create an elegant environment to soothe the soul. Your every comfort has been considered with full automaton Crestron System which includes; audio, visual, HVAC, electric shades, lighting, surveillance and security. Designated movie room could double as a man cave, teen room or sports den. Each bathroom has meticulously chosen custom tile, lighting, fixtures, and showers, two with steam showers! For the wine connoisseur, youll appreciate the temperature controlled wine cellar. Pick your favorite bottle and toast the good life while savoring the amazing coastal lifestyle. For the cook, youll revel in the extraordinary and exquisite details of the kitchen blending wood and under lit quartz. Automatic SieMatic Walnut cabinets and Miele appliances create a seamless environment to create your meals and entertain with ease and grace. For the car aficionado, the gated driveway leads to a 2 car garage, that expands to 3 with a car lift system.Put the weekend convertible away until its time for drive down the coast, to one of the nearby restaurants or jump on a jet at nearby Palomar Airport, less than 15 minutes away.

#7    16280 Beach Drive NE, Lake Forest, WA 98155 is listed for sale at $4,449,000.

The median home value in 98115 is $852,700. 98115 home values have gone up 8.6% over the past year.  It is predicted they will rise 6.7% within the next year.

Exceptional, level lakefront property with 5 bedrooms, 5 baths and 5,570 sq.ft.  offers English style Craftsman home on beautifully landscaped grounds with terrace, pool and 80 ft dock. Glorious setting with 180 views of the lake, Cascades and Mt. Rainier. Gated entry; gabled shake roof; brick and timber exterior; fine detailing inside and out. Lovely formals with hardwood floors; fabulous kitchen/family room; sunroom; office; lower level living quarters with private entrance; rec room. A dream come true for enjoying life on the lake!

Today's Mortgage Rates

Volatility Could Return Next Week For Mortgage Rates
Jul 27 2018, 6:56PM

Mortgage rates were unchanged today, making for an anticlimactic end to a week that saw the sharpest rise in months.  The lack of movement was all the more interesting considering the bond market's reaction to this morning's GDP data (bonds dictate rates). 
Even though GDP came in at 4.1%, markets were widely prepared for such strength.  Paradoxically, bonds improved, but only moderately.  Even so, bond market improvement typically helps rates fall.  Today was a bit of an exception for 2 reasons.  First, bonds lost ground yesterday afternoon, but not enough for most mortgage lenders to raise rates in the middle of the day.  As such, they were left to begin today at a slight disadvantage. Beyond that, the bonds that underlie mortgages specifically didn't improve as much as US Treasuries.

Next week brings a slew of important economic reports and calendar events including the big jobs report and a policy announcement from the Fed.  While the Fed isn't expected to make any changes to rates, Fed Chair Powell will be holding a press conference.  This will give him a chance to address market speculation about the President's recent comments on Fed policy and the need for low rates.

52 Week Range          Today  Yesterday            Low/High 

30 Yr FRM4.72%4.72%--3.84%4.79%
15 Yr FRM4.19%4.19%--3.12%4.22%
FHA 30 Year Fixed4.42%4.42%--3.35%4.50%
Jumbo 30 Year Fixed4.50%4.50%--4.10%4.81%
5/1 Yr ARM4.00%4.01%-0.013.10%4.02%

52 Week Range          Today  Yesterday            Low/High 

The Top Luxury Real Estate Markets with Medium Home Values

Zip Code     Location                        County                   2017 Medium Sale Price

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Tom Furino