Three Properties … all Potentially Good Buys

Three properties … all potentially good buys and all definitely great values … jumped off the page as I planned for broker tour … the first 27 Escalle Lane, Larkspur is a stylish two bedroom condo at the top of Skylark … a 1361 square foot condo with a BIG view …



I went to view this property because Jason Lewis simply refuses to stop pushing it … he’s gone beyond beyond (including a U-tube presentation, gift certificates to the Buckeye, etc.) and none of us in the San Rafael office of Frank Howard Allen are immune …. last time on the market (1999) 27 Escalle sold for $339,000 … in 11 days … this time the price was reduced from $679,000 to $649,000 after less than two weeks …



With tall ceilings this property breathes well!

The second property is 551 Redwood Road, San Anselmo … ½ mile up the hill from my home at Glenwood and Bolinas in Ross … has a kitchen to die for … note the very function U shape … the sub-zero and great lighting ….


presented by Natalie Shapiro of Bradley Real Estate in conjunction with the Tina McArthur of Pacific Union/Morgan Lane … situated on a serene 2.6 acre lot with paths and views 551 Redwood is a colorful, peaceful home with four bedrooms and two and one half baths …

an eye-popper of value … last offered in 2004 at $1,795,000 … today’s price … $1,250,000!



The third great property is 40 Great Circle, Mill Valley …

This waterfront home, designed by Paul Ballora is listed by Alix Fagersten of Sotheby’s International for $3,250,000, the better part of $1M less than its prior price of a shade under $4M. This five bedroom home features big bay view windows, enchanting use of a variety of woods, a very short commute to San Francisco.



There are many great values currently available and listed on the multiple listing service (MLS) and quite a few others that are available or coming soon. With 80% jumbo loans now available we’re poised to see more sales in the above $3M range.

What would tickle your fancy? Are you ready to be lucky? You let me know and I’ll search the hills and flats for you … interest rates are low (for now).

Good News statistics … a comparison of the first quarters of 2009 and 2010 … in San Rafael sales were up 59% (49 vs 78) … the average time on market decreased by 14% (from 118 days to 102 days) and the inventory (good news for sellers) declined from a 9.1 month supply to a 4.0 month supply …. a 56% decline! Buyers, now is the time to hop to it … a housing shortage is coming to the SF Bay Area.

The best news … I’m here for you so contact me at (415) 257-2039.

Best Real Estate Buys & Bargains in Marin County
Installment 1: Sausalito, June 9, 2010
Installment 2: Aboard the Bus, June 10, 2010
Installment 3: Update on June 10, 2010 posting
Installment 4: San Geronimo & Nicasio Valleys
Installment 5: Condos in Tiburon, CA
Installment 6: Update on Sausalito Blvd
Installment 7: Three Properties … all Potentially Good Buys

Posted by:  Tom Verkozen