In case you missed it, here is an excerpt from a recent article about the high end housing here on the Peninsula and how well it is selling. Los Altos Hills has had the big sale while Palo Alto is consistent and almost a sellers market. Atherton and Menlo Park and moving along nicely with Atherton getting the high end sales.
Luxury Real estate sales in Atherton just took a back seat to the high dollar sale that happened in Los Altos Hills at 13310 La Paloma Rd. The estate went for a rumored $100 million dollars and is a 25,000 square foot mansion with everything imaginable included, and is almost a twin of the above pictured estate for sale in Southern California. The property sits on over ten acres and has lots of privacy, which is necessary for the Russian billionaire who bought it and is looking to make a big impact in the Silicon Valley digital/tech world.
Luxury real estate in Menlo Park, Atherton and Palo Alto will probably get a bump as more money will probably flow into the area from other Russian comrades who want to join in on the Silicon Valley real estate surge. 145 Josselyn Lane in Woodside recently sold for just over 15 million dollars and there have been several 10 million dollar sales in Atherton as well, so the luxury real estate market is definitely heating up and money is flowing into the local real estate scene.
I have off market listings in the 5-10 million dollar range and many sellers are calling me to sell their property off market to prevent the signs and publicity that goes with listing your home for sale. I specialize in this area and please don’t hesitate to contact me if you are looking to buy or sell a luxury property without all the for sale signs, looky loos or neighbors trampling thru your home. This applies to any priced home from 1 million up to 100 million as your privacy is your privacy.
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
Search MLS Listings and get other local real estate information on my Alain Pinel website at apr.com
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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.
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 [...]
A beautiful estate in Atherton has just lowered the asking price of their 7,000 square foot, 6 bedroom, 5 1/2 bath on over one acre property to $6.6 million. That’s a price reduction of $400k! The home also has a pool, large grassy yard, sand volleyball court and located next door to where Joe [...]
530 Irvin Court in Palo Alto was listed on February 20, 2012 for $1,598,000 and sold for $1,680,000 on March 12, 2012, a 5% gain in sales price from asking price. The Barron Park home features 5 bedrooms, 4 1/2 baths, a gourmet kitchen with large island, full basement with media/game room, granite counters [...]
Gary Kurtz is holding an open house today at 9 Atherton Oaks Lane in Atherton from 1:30pm-4:30pm. The house is listed for $6.7 million dollars and has 8,190 square feet plus 200 square foot pool house and 880 sf 5 car garage. It’s located on 1.09 acres and is very quiet and peaceful. The home [...]
1382 Forest Ave, Palo Alto in Crescent Park
List Price: $4,395,000
Sale Price: $4,400,000
New Construction 2 story home with 5 bedrooms, 4 ½ baths, +/- 3231 Sq. Ft. Home is East Coast style with Craftsman appeal. First floor has gourmet kitchen, family room, dining room, living room and guest suite/office. Second floor has the master suite, [...]
Everybody, don’t forget to come by the open house at 4105 Park Blvd in Palo Alto this Sunday from 1:30-4:30pm. It’s hard to find a home in the Palo Alto school district for under a million dollars, but we have it to show this weekend. 3 Bedrooms, 2 full bath, 1,450 square feet [...]
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.
