Want to live next door to Apple CEO Tim Cook?

Google Ventures Managing Partner Bill Maris is selling his 2,065-square-foot Palo Alto condo. The home was on broker tour last week and shows very well.  It’s in a great area of Palo Alto, the home is nicely done plus, it’s directly next door to Apple CEO Tim Cook’s Palo Alto condo. Maris originally purchased the […]

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Luxury home sales In Silicon Valley continue to rise like an IPO

Silicon Valley’s luxury housing market had a very strong year with 2013 sales up approximately 9 percent in December compared to a year ago.  The figures are based on MLS data for homes selling over $1.5 million and does not include off market sales figures, which would drive the numbers even higher. A total of […]

Off Market Home in Menlo Park for Sale

Off market homes are as big as ever these days and it’s important that you as a buyer are aware of them from your agent.  I focus on a lot of off market opportunities for my clients so please let me know what you are looking for and I can find it. A recent property […]

Palo Alto Housing Inventory Lower Than You Think It Is

It’s the end of February, the weather is a bit warmer and all is well in Palo Alto.  All except the housing inventory as the numbers remain unseasonably low.  Broker tour for the city of Palo Alto is on Friday, so that means most agents put their new listings on MLS by early Thursday so […]

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Off Market Duplex in Palo Alto for Sale

Palo Alto Duplex

 

 

 

 

 

There is an off market listing on Cowper Street that is great for my investor clients.  Two duplexes that are each 2 bedrooms, 1 bath and a total of 1,227 square feet.  They were remodeled in 2013 with an updated kitchen and bathrooms.  If you know Palo Alto, you realize this is walking distance to downtown and all the great shops and dining of University Avenue as well as the train station for your commutes to the city.

The asking price for the property is $2,350,000.

Call me if you are looking for investment properties in Palo Alto and are not represented by a buyers agent.

Off Market Home in Menlo Park for Sale

Off Market Home in Menlo Park for Sale

Off market homes are as big as ever these days and it’s important that you as a buyer are aware of them from your agent.  I focus on a lot of off market opportunities for my clients so please let me know what you are looking for and I can find it.

A recent property for sale off market is a beautiful newly constructed in 2013 4 bedroom, 2 1/2 bath home in the heart of Menlo Park.  The home has 1,925 square feet and has an open floor plan with hardwood floors, high ceilings, a beautiful chefs kitchen with marble counters, custom cabinets and large island.

Luxury real estate at an affordable price could be the tagline for this home as there are top quality materials and elements throughout the home. There are three bedrooms up, including the master, and one bedroom downstairs for guests and grandparents who don’t enjoy climbing stairs.  A fantastic great room and open kitchen highlight the downstairs floorplan.

Nice sized yard with cobblestone patio and fully landscaped perimeter.  2 car garage with lots of storage as well.

Asking price is $2,195,000 and will be sure to go fast like everything else in Menlo Park.  If you are not represented by a buyers agent and would like to see the home or get more information, call me at 650.543.1202 or shoot an email to me at gkurtz@apr.com.

 

Want to live next door to Apple CEO Tim Cook?

Want to live next door to Apple CEO Tim Cook?

Google Ventures Managing Partner Bill Maris is selling his 2,065-square-foot Palo Alto condo. The home was on broker tour last week and shows very well.  It’s in a great area of Palo Alto, the home is nicely done plus, it’s directly next door to Apple CEO Tim Cook’s Palo Alto condo.
Maris originally purchased the four-bedroom, three-bathroom home for $1.98 million.   I suspect the home will get multiple offers as there are only less than 30 homes on the market in Palo Alto, so it’s going to go quickly.
If you are interested to see the home and do not have buyer representation, give me a call…but do it soon. Who knows, you might get some free Apple products down the road if you don’t make too much noise.

Luxury home sales In Silicon Valley continue to rise like an IPO

February 4, 2014 Real Estate News No Comments
Luxury home sales In Silicon Valley continue to rise like an IPO

Silicon Valley’s luxury housing market had a very strong year with 2013 sales up approximately 9 percent in December compared to a year ago.  The figures are based on MLS data for homes selling over $1.5 million and does not include off market sales figures, which would drive the numbers even higher.

A total of 122 luxury homes sold in December, up from 112 that sold in December 2012.  The median sales price for a luxury home was $1.9 million, which was down slightly from the $2.o million dollar average from 2012.

Palo Alto had the most luxury sales with 31, followed by Los Altos with 27 and Saratoga with 22.  Sellers also received an average of 104 percent of their asking price.

Supply is still much lower than demand, so expect prices to continue the trend of rising.  I’m still seeing lots of multiple offers at all price points along the Peninsula and Silicon Valley.

Techies and San Francisco Real Estate

January 13, 2014 Real Estate News No Comments
Techies and San Francisco Real Estate
Real Estate Rising

Real Estate Rising

An interesting article on how tech is changing San Francisco. Tech is also a big reason for buying here along the Peninsula as well. Many of my clients are at the various tech companies such as Apple, Google, Yahoo etc. and I really enjoy their sensibilities when searching for a home with them. Very smart buyers who have a lot of money, but do not want to waste it. Many like privacy as well and are all very enjoyable to work with since I have a background in tech startups as well. Here is how techies are affecting real estate in the city.

Twitter’s headquarters. A high-rise apartment building where visitors sign-in on iPads. A jar of handcrafted applesauce for $14. Skyrocketing real-estate prices.

Nearly five decades after the Summer of Love transformed San Francisco into the epicenter of the hippie movement, a new generation is redefining this city’s culture again. No longer content to live and work in the quiet suburbs of Palo Alto and Menlo Park 30 miles south, thousands of young tech workers are migrating to the city, seeking a more urban, multicultural lifestyle. They are bringing with them a stampede of tech companies and venture capitalists, and inevitably attracting some homegrown resentment for jacking up housing costs and gentrifying once gritty neighborhoods.

Last year, venture capitalist Greg Gretsch, managing director at Sigma West, which has $1.5 billion under management, moved his office from Menlo Park to San Francisco’s Jackson Square neighborhood, a historic part of the city dating back to the 1850s that is now attracting the new digerati. He now walks to work from his Pacific Heights home and walks or bikes to visit startups in the South of Market, or Soma, district.

The cost of living is high among the new tech class. The median sales price for homes in San Francisco jumped 16% in 2013, according to the San Francisco Association of Realtors. “It was a year of shocking prices,” says Annie Williams, a real-estate agent with Hill & Co. in San Francisco. She ticks off the names of southern neighborhoods closest to Silicon Valley, such as the Mission and Noe Valley, that have been most affected by the tech boom. “It was shock after shock started by Zuckerberg.” In 2012, it was widely reported that Facebook founder Mark Zuckerberg paid $9.9 million for a house in the city’s Mission District. A Facebook spokesman declined to comment. Mark also had a lot of news surrounding the purchase of homes around his home in Palo Alto so that developers could not buy one of his neighboring homes and sell it as “live next to Mark Zuckerberg”. Do you blame him?

In 2013, an 11,000-square-foot house in Pacific Heights on San Francisco’s Gold Coast—where neighbors include Apple’s Jonathan Ive and Oracle billionaire Larry Ellison—sold for $35 million. In 2011, the house sold for $29.5 million.

Not everyone likes the changes wrought by the technocrat class. Protesters attempting to highlight the issue of rising rents in the Mission District recently tried to stop the private buses that take tech workers to their jobs at companies including Google, Facebook and Apple. Musician Adam Theis, founder of the long-standing musical collective JazzMafia, hasn’t joined the protests but is among those who have been forced to leave the Mission after his rent for a two-bedroom apartment soared to $3,000 a month from $1,400.

Mr. Theis, 39, had lived in the Mission since 1997. “I was really lucky to have had that house for 15 years; it allowed us to have a place where we could create,” he says, adding that his apartment building was known as a gathering place for artists and musicians. Mr. Theis now lives in Oakland, but still has gigs in the Mission. “It’s not that people are trying to clear-cut or drive people out—there’s a balance missing of cultural consciousness,” he says. This article was written by Sarah Tilton

365 Forest Avenue Palo Alto Condo For Sale

365 Forest Avenue Palo Alto Condo For Sale

002_Living Room copy 003_Living Room copy Enjoy urban style living in the heart of Palo Alto. This beautifully remodeled 3 bedroom, 2 bath, 1695 sf single level condo has it all.  Remodeled kitchen with granite counter tops, travertine tile floors, new appliances, recessed lighting and new cabinetry.  There is also a microwave with convection oven, five burner electric stove top, main oven plus warming oven, side by side fridge with built in filtered ice/water, overhead LED lighting, under cabinet lighting and in cabinet lighting  and self closing drawers.

The master bath has been updated with travertine tile floors, radiant heating, granite counter tops, limestone shower and new cabinets.  The second bathroom has been updated with the similar materials as well.  The interior laundry room has been completely remodeled with large stacking washer and dryer, food pantry storage and tile floors.

006_Master copyThe condo also has new carpeting and paint throughout as well as a refurbished wet bar with granite counter tops and new cabinetry 004_Dining Room copytoo.  There are new highly efficient LED lights in kitchen, laundry room, living room, hallway and bathrooms.It’s like walking into a custom condo as all the details have been closely paid attention to during the remodel that was completed earlier this year.  Whether you are looking for a place to live or an investment property, this condo is for you.  There will always be good demand for this condo as it is located in the highly rated 005_Kitchen copyand desirable Palo Alto school district.

The condo is walking distance from the vibrant downtown University Avenue and its wonderful dining and shopping experience.  The building has a 24/7 security entrance and underground private parking.

Open House Saturday and Sunday 7/20 & 7/21 from 1:30-4:30pm.

If you have any questions or interest, please contact Gary Kurtz at 650.543.1202 for more information or to set up a showing.

Open House This Weekend In Palo Alto

June 7, 2013 Palo Alto No Comments
Open House This Weekend In Palo Alto

Make sure to come out to my open house this Sunday.  The address is 1212 Fulton Street and it is a charming home with a guest house that you will not want to miss.  The home has 3,100 square feet that has been updated and has hardwood floors on the main floors and carpeting upstairs.  There is a lower level studio with a kitchen and outside entrance.

There is also a 600 square foot guest cottage with kitchen and loft style bedroom that is perfect for renting or extended family members.

The price has just been reduced to $2,998,000 so it is a great buy at the new price.

Please come by and say hello.

Is Paperless The Way To Go? A Funny Example.

Is Paperless The Way To Go? A Funny Example.

I love technology and use it in any way to help me in real estate. Whether it be to better communicate with my clients or make the offer process easier or just to track homes and what is on the market. Most people around the office know me as the tech guy as I try to help the technically challenged agents as it can be a daunting experience for agents who just haven’t used technology in their business.

One of the agents who is sometimes technically challenged sent me this funny little video about our ongoing technology vs paper debate. I think you will get a kick out of it, it’s very short so take a look.

The funny video.

Open House: Old Palo Alto Charming Home

April 6, 2013 Palo Alto No Comments
Open House: Old Palo Alto Charming Home

Come visit my open house this weekend at 580 Washington Avenue in Old Palo Alto. I’ll be there Saturday from 1:30-4:30 and Sunday from 1:30-4:40pm.

Home is 2,000 sf, 3 bedrooms, 2 1/2 baths and located on a cul-de-sac. Great Palo Alto schools and walking distance to shops and restaurants. The house is charming with updated kitchen and bathrooms plus a nice outdoor area for barbequing and entertaining. Asking price is $2,795,000.

Palo Alto real estate has been on a tear lately and prices have been ramping up due to the lack of inventory combined with lots of buyers who want to be in Palo Alto. There are only 27 homes on the market in all of Palo Alto, but more specifically, there are only 7 in the 2-3 million dollar range and only 3 homes at any price in Old Palo Alto.

Stop by to say hello and sign up for my off market list of available homes in the area.

President Obama in Atherton

President Obama in Atherton

President Obama and the throngs of secret service will be here Thursday as the President visits our town of Atherton. He will start with a brunch at the home of Liz Simons and Mark Heising and then job on over to the home of Marcia and John Goldman for a lunch. Both stops are obviously to raise money for the democratic party so there will be Atherton’s finest paying top dollar for a meal with the leader of the free world.

Various roads will be temporarily closed around the Alameda de las Pulgas and Valparaiso areas, so I would definitely avoid those routes around Walsh Road and the Stockbridge/Selby lane areas.

The President will see some of the top real estate this country has to offer as well as lots of construction activity. There are so many homes being built, fixed and updated that driving through many streets in Atherton and Menlo Park will surely convince the President that the economy is surging and people are working. Atherton real estate as well as the area has had a surge in prices over the past year and ranks one of the highest priced areas in the country.

My Contact Information

Gary Kurtz
Alain Pinel Realtors
DRE# 01710776

1550 El Camino Real, # 100
Menlo Park, CA 94025

650-543-1202 (office)
650-796-5507 (cell)

gkurtz@apr.com

Kurtz Real Estate Group


Kurtz Real Estate Group in association with Alain Pinel Realtors





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Real Estate Insider Video Show

Alain Pinel Realtors Silicon Valley

April 3, 2013

Alain Pinel Realtors Silicon Valley

We at Alain Pinel Realtors have been releasing high quality videos that give buyers a feel for different areas. Today, we released the Silicon Valley video. Take a look. If you are looking for luxury real estate all along the Peninsula and Silicon Valley in areas such as Los Altos, Saratoga, Monte Sereno, Palo Alto, […]

Palo Alto Real Estate Update

February 3, 2012

Palo Alto Real Estate Update

The numbers are strong for real estate in Palo Alto with this month’s sales figures.  Watch the video to see all key sales numbers for the month of January 2012 compared to January 2011.

Menlo Park Monthly Real Estate Sales Figures for October 2011

November 5, 2011

Menlo Park Monthly Real Estate Sales Figures for October 2011

The average sales price of a home in Menlo Park fell 7.8% for the month of October 2011 compared to October 2010.  The total number of sales for both periods were similar, which is good news, but the home prices were a little lower than expected.  The surprise number is that the average price per […]

Timely News

Off Market Duplex in Palo Alto for Sale

April 22, 2014

Off Market Duplex in Palo Alto for Sale

          There is an off market listing on Cowper Street that is great for my investor clients.  Two duplexes that are each 2 bedrooms, 1 bath and a total of 1,227 square feet.  They were remodeled in 2013 with an updated kitchen and bathrooms.  If you know Palo Alto, you realize […]

Off Market Home in Menlo Park for Sale

April 18, 2014

Off Market Home in Menlo Park for Sale

Off market homes are as big as ever these days and it’s important that you as a buyer are aware of them from your agent.  I focus on a lot of off market opportunities for my clients so please let me know what you are looking for and I can find it. A recent property […]

Want to live next door to Apple CEO Tim Cook?

February 11, 2014

Want to live next door to Apple CEO Tim Cook?

Google Ventures Managing Partner Bill Maris is selling his 2,065-square-foot Palo Alto condo. The home was on broker tour last week and shows very well.  It’s in a great area of Palo Alto, the home is nicely done plus, it’s directly next door to Apple CEO Tim Cook’s Palo Alto condo. Maris originally purchased the […]

Luxury home sales In Silicon Valley continue to rise like an IPO

February 4, 2014

Luxury home sales In Silicon Valley continue to rise like an IPO

Silicon Valley’s luxury housing market had a very strong year with 2013 sales up approximately 9 percent in December compared to a year ago.  The figures are based on MLS data for homes selling over $1.5 million and does not include off market sales figures, which would drive the numbers even higher. A total of […]

Techies and San Francisco Real Estate

January 13, 2014

Techies and San Francisco Real Estate

An interesting article on how tech is changing San Francisco. Tech is also a big reason for buying here along the Peninsula as well. Many of my clients are at the various tech companies such as Apple, Google, Yahoo etc. and I really enjoy their sensibilities when searching for a home with them. Very smart […]