There are currently fifteen homes in Marin and Sonoma the Multiple Listings Service (MLS) priced at or above $10,000,000. Of these, six are in Belvedere, three in Ross, four in Tiburon and two in Sonoma. None of them are currently in escrow.  Are there other homes not on MLS in this price range? Yes, we have others. Tell me what you want!

So “what’s sold lately?” you may ask … Isobel Wiener sold the Gray’s home at 1 Upper Road, Ross earlier this year … before she listed it this home had been on the market for $22M … Isobel listed it at $17.5M and it sold for $14M. I think there’s still a picture on my Facebook page from a party there. Lest you ask, Sean Penn’s Ross home sold, but not above the $10M mark.

For mere mortals, 96 Laurel Grove, Ross, a six bedroom beauty with four fireplaces, was just reduced by $500,000 … after six months on the market.

Closer to home for most of us, and a great buy, is 424 Forbes in Sun Valley, San Rafael, which had a significant price haircut dropping from $829,000 to $799,000 and now to $599,000. The trustee wants to sell, says the price and the agent, Russ Kundsen (of my office at Frank Howard Allen).

Back to the clouds … my favorite local home is 662 Goodhill, Ross …. a home where my Mercedes caught fire when Candi Grippi and I were previewing it … and I will call back my client who (I believe) has just landed a HUGE movie deal … he loved this six bedroom stunner at the top of Goodhill Road in the Kent Woodlands, listed by … yes, Isobel.

Now about the most expensive of the homes, Avram Goldman of Pacific Union International, has a listing called Villa Montana … bocce ball, skeet range, olive plantation and stables … on Franz Valley Road listed for $49M. The property has been on the market for eight months at $5000 per square foot … but if you want a stand out property, voila!

Real estate is a blast. Prices are dropping (compare the last week … in Marin and Sonoma there were 407 price reductions while 288 new properties came on the market). NOW is a GREAT time for ‘landing that deal’ … so call (415) 257-2039, email me or get to me however you can … let’s have some fun and go buy a home or investment.

Posted by:  Tom Verkozen