March 31, 2008

Monday’s Mansion: Own Your Own Vineyard

And a modern mansion it is. Located at 47429 Avalon Heights Terrace in Fremont, this 4,410 square foot home, on the market just 27 days, struck my eye right away in the Daily Stats. Why? Because we haven’t seen any mansions at all in the Bay Area stats of late, which is probably indicative of the kind of market we are having right now. People are not even playing voyeur and looking at the high-end homes. So it was refreshing to see something other than a foreclosure or a ticky-tacky townhouse.

By far, the best feature of this home in my opinion, built in 2000, is the grounds. The property is .64 acres, and I can see how the owner spent $500,000 on landscape/hardscape, with the covered terrace, pool, and even a vineyard. Situated up on a hill with views, the home has a 5 bedrooms and 4 bathrooms within its two stories. I was very impressed by the floor-to-ceiling windows in the living room, which overlooks the terrace and pool, however I found the kitchen, like many rooms in the house, to be somewhat small for a home of this stature. The front is a bit close to the street, given the size of the lot, but it is on a cul de sac of similar new high-end homes, and there is a nice view overlooking the city and bay. Priced at $2,290,000 ($519/sf), you can see a virtual tour here.

Recent Sweet Digs Posts
Selling Short in San Rafael
The State of the Market in Los Gatos
As Expected, NAR Commercials Biased and Irresponsible
Sub $1 Million Club Forming in Novato and San Rafael
Lucky 8? Buyers Hope to Be on Oakland Condo Auction
Go BIG or Go Home
Mirabile Dictu, Price Drops in El Cerrito