CATEGORY ARCHIVE: Marin (And Points North)

April 21, 2014

A Serious Price Cut For A Comedian's Wine Country Estate

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Listed for $35 million in 2012, Robin Williams has cut the price for his 650-acre "Villa Sorriso" wine country estate in the mountains between the valleys of Napa and Sonoma to $29.9 million.

Once again, the 20,000 square foot Limestone villa on the property includes three Kevlar wrapped safe rooms, a rather legitimate wine cellar and an Alder paneled theater.

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Also on the estate: a 3,000 square foot property manager's residence; a 24-acre vineyard; a grove of olive trees; an array of 36 solar panels producing 300-400 amps (perfect for helping to light the outdoor tennis court); and a spring fed pond that might a little smaller than last photographed.

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Posted by socketadmin at 11:45 AM | Permalink | Comments (3) | (email story)

April 16, 2014

Bay Area Home Sales Slow, Except In San Francisco

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While Bay Area home sales were down 12.9 percent on a year-over-year basis last month, the slowest March in terms of sales volume since 2008, recorded home sales were up 8.2 percent on a year-over-year basis in San Francisco as contracts in a number of new condo buildings started to close (see last paragraph below).

That being said, sales volume in San Francisco has increased an average of 41.1 percent from February to March over the past decade and last month's gain represented a sub-par seasonal increase of 19.3 percent versus the month before.

The median price paid for a property in San Francisco was $937,500 in March, down 0.8 percent from a record $945,000 in February but 14.6 percent higher year-over-year, driven in part by an increase in the mix of higher priced home sales. As always, keep in mind that while movements in the median sale price are a great measure of what's in demand and selling, they're not a great measure of actual appreciation despite what the headlines might say.

Having peaked at $665,000 in July of 2007, the median sale price for a home in the Bay Area increased 7.2 percent to $579,000 in March, up 23.2% year-over-year and the highest median price since December of 2007. The median price had fallen to $290,000 in March of 2009.

With San Francisco the only Bay Area county to have recorded a gain, Napa recorded the second best outcome with respect to sales, dropping 8.5 percent year-over-year. Sales in Solano County were down 28.3 percent in March, the greatest Bay Area decline. The median in Solano was up 30.4 percent to $300,000 in March, the greatest Bay Area percentage gain. The median in San Mateo County was up 13.5 percent to $767,000, the smallest Bay Area gain.

As always, keep in mind that DataQuick reports recorded sales which not only includes activity in new developments, but contracts that were signed ("sold") months prior but are just now closing escrow (or being recorded) and any properties that were sold "off market."

Posted by socketadmin at 12:15 PM | Permalink | Comments (5) | (email story)

April 1, 2014

Baptist Seminary In Marin Selling 101 Acres To Local Developer

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The Golden Gate Baptist Theological Seminary is in contract to sell their 101-acre Marin County campus in the unincorporated town of Strawberry to North Coast Land Holdings.

The San Rafael based North Coast plans to build around 100 apartments and a new campus for another school on the land. The Seminary will lease back the property for two years, using the proceeds from the sale to build a new campus in Southern California and another in a lower cost, Bay Area location.

Posted by socketadmin at 4:30 PM | Permalink | Comments (4) | (email story)

March 5, 2014

A Peek Inside The $9.9M "Terra Rosa" Wine Country Compound

Designed to resemble an Italian hillside village, the 13,000 square foot "Terra Rosa" compound was built on seven acres overlooking the Petaluma Golf Club and finished with limestone floor pavers harvested from a French monastery while a modern Kevlar reinforced door keeps anyone and everything inside the wine cellar safe and secure.

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While not listed on the MLS, the property is on the market for $9,900,000 and plugged-in people can take a peek inside and around the village:

∙ Listing: Terra Rosa, Petaluma - $9,900,000 [terrarosasonoma.com]

Posted by socketadmin at 8:30 AM | Permalink | Comments (15) | (email story)

December 17, 2013

Chef Tyler Florence’s "Creek House" On The Menu In Mill Valley

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Celebrity chef Tyler Florence's cottage is on the market for $1,995,000 in Mill Valley.

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Originally constructed in 1926, the Cascade Drive "Creek House" has been renovated with designer finishes throughout, including a true chef’s kitchen with concrete and oyster shell counters; a butcher block insert for cutting; and Viking appliances (including a full-sized wine refrigerator).

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There's a Heath tile backsplash over the range and a Heath-tiled bathroom below:

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And yes, there is a garden for fresh vegetables (and a chicken coop) out back.

∙ Listing: 190 Cascade Drive, Mill Valley (5/2) 2,523 sqft - $1,995,000 [vintagecreekhouse.com]

Posted by socketadmin at 7:00 AM | Permalink | Comments (10) | (email story)

November 15, 2013

Designer Mill Valley On The Market But Not The MLS

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Not listed on the MLS nor official inventory, the contemporary Mill Valley home at 29 Roosevelt Avenue which was designed by Marmol Radziner is on the market for $4,995,000.

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The floor plan for 29 Roosevelt includes five bedrooms and four and one-half baths with some rather spectacular finishes, fixtures, and woodwork throughout.

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While being shown "by appointment only," we're told there will be a quick open house this weekend.

∙ Listing: 29 Roosevelt Avenue (5/4.5) - $4,995,000 | Floor Plans [paytonbinnings.com]

Posted by socketadmin at 1:00 PM | Permalink | Comments (5) | (email story)

October 30, 2013

Bay Area Rents Climb, East Bay Jumps 10 Percent In 3 Months

While the vacancy rate for apartments throughout the Bay Area has ticked up from 3.1 to 3.9 percent, according to Cassidy Turley the average rent has ticked up from $1,851 to $1,897 a month, two percent below its first quarter peak of $1,941.

The average rent in San Francisco is now $3,266 a month, up 3 percent over the past three months and 18 percent higher year-over-year. The average studio in San Francisco now rents for $2,434 and one-bedrooms for $2,980. The vacancy rate in San Francisco is currently 3.6 percent, up from 3.3 percent in the second quarter of 2013.

The average East Bay rent jumped 10 percent in the third quarter and now averages $1,681 a month with studios renting for $1,268. The average rent is up to $1,674 in the North Bay.

And while the vacancy rate has increased from 3.1 to 4.6 percent in San Mateo, the average rent has ticked back up to $2,148 per month, even year-over-year. Studios in San Mateo now rent for an average of $1,446 a month and apparently a number of new projects on the Peninsula won't even consider prospective tenants that earn less than $75,000 per year.

Over the past two years, the average rent in San Mateo has increased by 15 percent, it's up by 17 percent in the East Bay and it's up by 27 percent in San Francisco.

Posted by socketadmin at 4:15 PM | Permalink | Comments (4) | (email story)

July 16, 2013

More Modern Over In Marin

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As we first wrote about the modern Marin home at 26 Oak Mountain Court four years ago, it’s a Claude Oakland designed Eichler in Lucas Valley which was constructed in 1963.

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Renovated and expanded to roughly 2,400 square feet, modern lovers might want to keep looking while Eichler purists should probably look away:

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We still don't get the carpeted dining room at the end of the kitchen.

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But we remain fans of the home's overall design and lot.

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Never listed on the MLS but seeking $1,550,000 back in 2009, the owners decided not to sell and stayed in the house. At the end of this month, however, the plan is to list the home for $1,600,000, before which private showings are available if you're plugged-in.

Posted by socketadmin at 3:30 PM | Permalink | Comments (8) | (email story)

July 9, 2013

Big Swinging In Sausalito With A Sandbox For The Adults

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Featured on the American Institute of Architects 2012 tour of Marin homes, while 525 Bridegeway hasn’t yet been listed, the modern three-level home is about to hit the market over in Sausalito.

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The open first floor features a living room with floor-to-ceiling windows, access to the south facing patio with grill and hot tub, and a high-end kitchen outfitted with concrete countertops.

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Atop the second level with two bedrooms and two en-suite baths, the top-floor master suite features a wall of retractable glass overlooking the Sausalito and San Francisco Bay.

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And through the swank master bath, there's a private sandbox "beach" and deck:

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∙ Listing: 525 Bridgeway Avenue (3/3.5) - $4,998,000 | Floor Plans [paytonbinnings]

Posted by socketadmin at 7:00 AM | Permalink | Comments (10) | (email story)

June 20, 2013

A Modern Eichler For A Million (Over In Marin)

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A salt water pool sits between the Eichler at 1002 Del Ganado Road and San Rafael’s Sleepy Hollow Open Space Preserve, a 20 minute drive to the Golden Gate Bridge per Google maps.

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Built in 1961, the modern home has been modernized a bit more, a fact that's sure to infuriate the Eichler purists but interest others even more.

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And with four bedrooms and two full baths, the home has just hit the market listed for $985,000.

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∙ Listing: 1002 Del Ganado Road, San Rafael (4/2) - $985,000 [marinmodern.com]

Posted by socketadmin at 8:30 AM | Permalink | Comments (12) | (email story)

May 9, 2013

A Modern Wine Country Compound (And Million Dollar Price Cut)

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Sitting on 18 acres overlooking the Sonoma Valley, about an hour north of San Francisco, the modern "Valle Vista" compound was designed by Harvey and Conrad Sanchez in collaboration with interior designer Ron Mann and constructed in 2008.

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In addition to the 5,111 square foot main house with three bedrooms, the compound includes a separate guest house and a 3,000 square foot auto barn/fitness center:

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And yes, there's a rather legitimate wine cave as well.

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Having been on the market since 2010 when first listed for $12 million and seeking $9.9 million ever since, the Valle Vista compound has just been listed anew for $8,900,000.

∙ Listing: "Valle Vista" (3866 Lovall Valley, Sonoma) - $8,900,000 [vallevistasonoma.com]

Posted by socketadmin at 12:00 PM | Permalink | Comments (15) | (email story)

April 25, 2013

The AIA's 2013 Marin Living: Home Tours Lineup And Preview

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Speaking of modern Bay Area homes and tours, the AIA’s 2013 Marin Living: Home Tours will open the doors to five modern homes in Marin next month.

The homes to be featured, including the Multicellular House above and The Shack below:

1. Multicellular House (Mill Valley)
2. House on the Bay (Tiburon)
3. Legacy House (San Rafael)
4. Dominican Sisters House of Formation (San Rafael)
5. The Shack (Ross)

AIA%20Marin%202013%20-%20Shack.jpg

2013 Marin Living: Home Tours [aiasf.org]

Posted by socketadmin at 11:30 AM | Permalink | Comments (5) | (email story)

January 16, 2013

A MoFo Marin Estate And Reduction: 117 Laurel Grove Avenue

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The 40 acres upon which Alexander Morrison (founder of San Francisco’s Morrison and Foerster or MoFo for short) built his Marin estate in 1903 has been whittled down to 1.4 acres, but the big views of Mt. Tam and Mt. Baldy and estate-styled living all remain.

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From the website for The Morrison Estate which was listed for $9,750,000 early last year but is now on the market, but not officially listed, for $8,950,000:

When the sun has set on most of Ross, the last rays still linger on this home’s warm, bright front porch. The master bedroom’s east window glows with morning sunrise, and in the evening, its French doors open onto sunsets over Mt. Tam. Time has confirmed Mr. Morrison’s foresight and vision, bestowing additional advantages such as neighboring homes sited so that virtually none can be seen...

∙ Listing: 117 Laurel Grove Avenue, Ross (5/6) - $8,950,000 [117laurelgrove.com]

Posted by socketadmin at 10:00 AM | Permalink | Comments (2) | (email story)

August 23, 2012

Robin Williams' 3 Kevlar Wrapped Safe Rooms (And 650 Acre Estate)

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Robin Williams is trying to unload his 650 acre "Villa Sorriso" estate that’s located at the end of Wall Road between Sonoma and Napa Valleys for $35,000,000.

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In addition to five bedroom suites, the 20,000 square foot Limestone villa features three Kevlar wrapped safe rooms, a rather legitimate wine cellar, and an Alder paneled theater.

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Also on the estate: a 3,000 square foot property manager's residence; a working 24-acre vineyard; a grove of over 100 olive trees; an array of 36 solar panels producing 300-400 amps perfect for helping to light the outdoor tennis court; and a 2-acre pond.

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∙ Listing: Villa Sorriso, Napa - $35,000,000 | Brochure [villasorrisonapa.com]

Posted by socketadmin at 10:15 AM | Permalink | Comments (12) | (email story)

August 10, 2012

Bay Area Tops The Zip List For Million Dollar Home Sales In California

Top Zip Codes for Million Dollar Sales

In the second quarter of 2012, a total of 7,763 homes sold for a million dollars or more in California, up 18.5 percent from the second quarter of 2011. Ranked by total sales per zip code, Hillsborough/Burlingame (94010) sat atop the list with 134 million-dollar-plus sales in the second quarter, up from 118 last year, and with a top sale of $5.28 million.

Eleven other Bay Area zip codes made the top 25 in terms of sales. In fact, combining Los Altos zip codes 94022 and 94024 would top the list of California communities with 167 million dollar sales in the second quarter of 2012, up from 147 the year before and with a top sale of $6.15 million.

A combined 95030 and 95032 would rank Los Gatos third with 129 sales, up from 75 the year before and with a top sale of $4.66 million. The only San Francisco zip code to make the top 25 list was 94114, ranked number 19 with 65 sales last quarter, up from 50 in the second quarter of 2011 and with a top sale of $3.25 million which was 350 Hill Street.

The other Bay Area zip codes to make the top 25 list:

2. Saratoga (95070): 126 sales (up from 93) with a $5.35 million top sale
5. Cupertino (95014): 105 sales (up from 88) with a $2.45 million top sale
7. Menlo Park (94025): 100 sales (down from 124) with a $4.8 million top sale
12. Fremont (94539): 83 sales (up from 52) with a $3.39 million top sale
21. Palo Alto (94306): 62 sales (down from 69) with a $3.15 million top sale
23. Alamo (94507): 61 sales (up from 28) with a $2.33 million top sale

Also of note, leverage has increased as 31.0 percent of the million-dollar-plus buyers in the second quarter paid cash, down from 37.7 percent in the first quarter, down slightly from 31.9 percent in the second quarter of 2011. In the five million dollars or more segment, 59.4 percent of the purchases were cash.

California Million-Dollar Home Sales Highest Since 2007 [dqnews.com]
No Hill Street Blues For This Maniscalco Designed Home [SocketSite]

Posted by socketadmin at 9:45 AM | Permalink | Comments (26) | (email story)

June 26, 2012

A (Four) Million Dollar View And Yard

333 Belvedere Avenue Aerial

As we first reported six months ago:

Purchased for $7,000,000 in 2004, the 4,836 square foot home at 333 Belvedere Avenue across the bridge in Belvedere returned to the market in early 2009 listed for $12,900,000. The property had been been refinanced in 2008 with a first mortgage for $4,650,000 and a second for $2,100,000 to which a third for $1,725,000 was added in July 2009.
Reduced to $9,950,000 in December 2009, to $8,950,000 in 2010, and then withdrawn from the market five months ago last asking $7,500,000, the one-time Blanding Estate Carriage House which was "beautifully transformed into one of Belvedere's most prominent view-oriented residences" (according to its Sotheby's listing) sold on the courthouse steps for $4,175,000 last week. But wait, there’s more.
While we can't currently confirm, and perhaps a bit of bravado is in play, if a plugged-in reader's source is correct, the multi-million dollar property "was bought by a neighbor with the intent of demolishing it to clear the view."

The demolition of 333 Belvedere Avenue is underway with the four million dollar view and new yard coming along nicely. Don't doubt the sources of those who are plugged-in.

From A $7 Million View Home To A $4 Million View? [SocketSite]

Posted by socketadmin at 8:15 AM | Permalink | Comments (7) | (email story)

June 19, 2012

The House That Joe Boxer Bought And Re-Built With Phase 3 Profits

26 Acorn Way Dining

While the South Park gnomes haven’t figured out their underpants business, Nick Graham scored with Joe Boxer, the Phase 3 profits from which bought and rebuilt 26 Acorn Way.

26 Acorn Way

Purchased for $2,230,000 in 1999 then redesigned by Andrew Fischer, the modern home is back on the market asking $5,995,000, sitting on nearly an acre of landscaped Kentfield land with outdoor living galore, a detached studio and a nice little pool.

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Forget the swimsuits for the housewarming, boxers and panties seem more appropriate.

∙ Listing: 26 Acorn Way, Kentfield (4/4.5) - $5,995,000 | Floor Plans [paytonbinnings.com]
The Underpants Business [southparkstudios.com]
A Buena Vista Party Pad (Panties Not Included) [SocketSite]

Posted by socketadmin at 10:15 AM | Permalink | Comments (14) | (email story)

May 9, 2012

No Movie Studio NIMBY’s? How About Low Income Housing Instead...

Grady Ranch Studio Rendering

The full prose from Skywalker Properties outlining their decision to abandon plans to build the movie studio as rendered above on the Lucas owned Grady Ranch over in Marin and to pursue the development of low income housing on the property instead:

It is with great sadness that Skywalker Properties has decided to pull its application to build a studio facility on the old Grady Ranch.
The level of bitterness and anger expressed by the homeowners in Lucas Valley has convinced us that, even if we were to spend more time and acquire the necessary approvals, we would not be able to maintain a constructive relationship with our neighbors...
We love working and living in Marin, but the residents of Lucas Valley have fought this project for 25 years, and enough is enough. Marin is a bedroom community and is committed to building subdivisions, not business. Many years ago, we tried to stop the Lucas Valley Estates project from being built, but we failed, and we now have a subdivision on our doorstep.
While we managed to build on Skywalker Ranch after one year master plan approval and another year PDP approval, it took over 10 years for the Master Plan approval on Big Rock and Grady Ranches. It took us three years for a PDP on Big Rock and now we are four years into trying to get a PDP permit for Grady Ranch with no end in sight.
As the company grew we realized we needed more space than what we were building in Lucas Valley at Skywalker Ranch, and it could not accommodate the whole company. We then worked to find more land on which to expand our corporate headquarters, our video game enterprise LucasArts, and our visual effects company Industrial Light & Magic. We were told there was no way we would be able to build a facility of that size in Marin County and therefore we moved the majority of our employees from Marin to the Presidio in San Francisco. We’ve had a great partnership with the Presidio Trust and created a low impact facility which offers great benefit to its surrounding community.
We then went back to Marin County with only the studio facility that was previously approved in the Master Plan. We have been trying for four years to get the Precise Development Plan approved, but it appears that, as always seems to be the case, the process will be delayed again for more months or years.
We are not a real estate developer. We need the spaces we build to do our work. Movies are waiting to be made, and we must move forward. Unfortunately, the projects we had planned to shoot on those stages have already started production and we will need the studio space by early 2013. We have several opportunities to build the production stages in communities that see us as a creative asset, not as an evil empire, and if we are to stay on schedule we must act on those opportunities.
When we first proposed Skywalker Ranch in 1978, we understood people’s concerns about a business moving to residential area. They feared helicopters landing with celebrities and tour buses coming down Lucas Valley Road.
None of their fears materialized. Over 5,000 acres were permanently preserved with an 11 mile hiking trail, all the buildings are hidden from the road, the pond and ranch restoration created an area for wildlife to thrive, and over 8,000 trees were planted. Lucasfilm provided fire and rescue aid to the community and boosted Marin’s economy by hundreds of millions of dollars and provided employment to its residents. After Skywalker Ranch was completed, our neighbors praised us and the County continually used us as an example of how best to develop. We were one of the first large employers certified as a Marin County “Green Business.”
We realize our solution to creating open space by placing low-impact commercial facilities on farmland, while permanently preserving over 95% of the total acreage, has not been accepted by our neighbors. Nor are they or many of the public agencies interested in the $50-70M restoration of the stream. Maybe we’re ahead of our time.
We plan to sell the Grady property expecting that the land will revert back to its original use for residential housing. We hope we will be able to find a developer who will be interested in low income housing since it is scarce in Marin. If everyone feels that housing is less impactful on the land, then we are hoping that people who need it the most will benefit.

Yesterday, the Marin Community Foundation formally announced it is "working with Lucasfilm to explore options" for building affordable housing upon the Ranch.

The Force is strong with this one.

Grady Ranch [gradyranch.com]
George Lucas pushes low-income housing option [SFGate]

Posted by socketadmin at 8:15 AM | Permalink | Comments (24) | (email story)

January 11, 2012

From A $7 Million View Home To A $4 Million View?

333 Belvedere Avenue Aerial

Purchased for $7,000,000 in 2004, the 4,836 square foot home at 333 Belvedere Avenue across the bridge in Belvedere returned to the market in early 2009 listed for $12,900,000. The property had been been refinanced in 2008 with a first mortgage for $4,650,000 and a second for $2,100,000 to which a third for $1,725,000 was added in July 2009.

Reduced to $9,950,000 in December 2009, to $8,950,000 in 2010, and then withdrawn from the market five months ago last asking $7,500,000, the one-time Blanding Estate Carriage House which was "beautifully transformed into one of Belvedere's most prominent view-oriented residences" (according to its Sotheby's listing) sold on the courthouse steps for $4,175,000 last week. But wait, there’s more.

While we can't currently confirm, and perhaps a bit of bravado is in play, if a plugged-in reader's source is correct, the multi-million dollar property "was bought by a neighbor with the intent of demolishing it to clear the view."

Posted by socketadmin at 7:30 AM | Permalink | Comments (22) | (email story)

November 11, 2011

The Benefits Of Marijuana Sales (Versus Pet Food)

5234-5258 Mission Street

Next week San Francisco’s Planning Commission will review the application to open a Medical Cannabis Dispensary (MCD) at 5258 Mission Street.

Opposed by 234 individuals, the Planning Department recommends approving the application for 5258 Mission, in part because the project "will eliminate a vacant storefront in a neighborhood commercial corridor" and "provide local employment opportunities."

An application to open a Medical Cannabis Dispensary at 5234 Mission Street, three buildings away, has also garnered the Planning Department’s recommendation for approval, again, in part because the project "will eliminate a vacant storefront in a Neighborhood Commercial corridor" and "provide local employment opportunities."

Apparently, eradicating vacant storefronts in commercial corridors and providing local employment opportunities aren’t considered to be as beneficial when pet food is involved.

And hey, it will save the feds some gas should they decide to marijuana crack-down.

5258 Mission: Medical Cannabis Dispensary Discretionary Review [sfplanning.org]
5234 Mission: Medical Cannabis Dispensary Discretionary Review [sfplanning.org]
PETCO Withdraws Application To Revitalize 5411 Geary [SocketSite]
A Real (Estate) Attack On Medical-Marijuana Dispensaries [SocketSite]

Posted by socketadmin at 2:00 PM | Permalink | Comments (20) | (email story)

October 7, 2011

The Mondavi Estate Could Be Yours If Your Bid Is Right

The Mondavi Estate

At the center of the 56-acre Napa Valley Mondavi Estate at 5681 Silverado Trail is an 11,500-square-foot hilltop two-bedroom home with a 50-foot indoor pool and flowing floor plan designed by Cliff May and featuring big valley views.

Mondavi Estate Pool

Having hit the market in early 2010 asking $25,000,000, and recently reduced to under twenty, the estate has now been scheduled for auction with sealed bids due November 16.

Mondavi Estate Kitchen

The estate will be available for viewing by appointment, but "evidence of the bidder's financial ability to close on the transaction" will be required to schedule and the published reserve price is $13,900,000, so unfortunately we're out. But don’t forget those invitations to the estate warming, we’ll bring a few bottles to start stocking the underground cellar.

Mondavi Estate Auction [mondaviauction.com] [sheldongood.com]
Friday Diversion: Mondavi’s Estate For Sale [WSJ 2010]

Posted by socketadmin at 5:00 PM | Permalink | Comments (18) | (email story)

June 7, 2011

MacFarlane Moves...On 180 Units Across The Bridge

195-205 Tamal Vista Boulevard

MacFarlane Partners has just acquired the 4.5-acre property at 195-205 Tamal Vista Blvd. on which the former WinCup manufacturing plant sits across the bridge in Corte Madera.

Having recently been approved for rezoning to allow for three and four-story multifamily development on the site, MacFarlane Partners plans to raze the manufacturing plant and build 180 apartments and 5,000 square feet of ground floor retail in its place.

195-205 Tamal Vista Blvd Rendering

As plugged-in people know, MacFarlane Partners also recently acquired the 1844 Market Street site on which a 113 residential units and retail is slated to quickly rise.

1844 Market Street: Let’s Get Ready To Rumble Build! [SocketSite]

Posted by socketadmin at 12:45 PM | Permalink | Comments (5) | (email story)

January 19, 2011

Rent Belvedere’s "Organ House" For $12,450 (Or Buy For $19.995M)

Belvedere’s Organ House

Built in the 1890’s and supposedly remodeled by Willis Polk in 1906, the "Organ House" across the bay in Belvedere at 433 Golden Gate Avenue was so named as one wing of the nearly 8,000 square foot property is dominated by a concert room "built to accommodate one of the largest privately-owned organs in existence at the time."

Situated at the southern tip of the island, the property provides views from Oakland to the Golden Gate bridge. And as a plugged-in tipster notes, the "Jewel of Belvedere Island" has hit Craigslist asking asking $12,450 a month for a one year lease.

But if you’d rather buy, plugged-in people should also know the property is available for sale with an asking price of $19,995,000.

$12450 / 4br - The Jewel of Belvedere Island [Craigslist]
∙ Listing: 433 Golden Gate Ave, Belvedere (4/3) 7,800 sqft - $19,995,000 [tiburonland]

Posted by socketadmin at 12:00 PM | Permalink | Comments (6) | (email story)

August 11, 2010

Dick(ering Over One Via) Vandyke

1 Via Vandyke

On the market across the bridge in Mill Valley asking $6,900,000 in December, as far as we know 1 Via Vandyke never sold. But as a plugged-in tipster notes (and gets headline credit), the 7,000 square foot home with 600 square foot cottage (dibs!) is now available for lease and asking $16,000 per month. And yes, an option to buy is available.

If you plan to share a rent versus buy calculation, please share your assumptions as well.

∙ Listing: 1 Via Vandyke (7/5.5) - $16,000/mo (Marin) [millvalleyluxuryliving.com] [Craigslist]
The Woods Atop A Grassy Knoll In Mill Valley (1 Via Vandyke) [SocketSite]
To Rent Or To Buy, That Is The Question (That Only You Can Answer) [SocketSite]

Posted by socketadmin at 8:00 AM | Permalink | Comments (19) | (email story)

July 12, 2010

A Designer Bolinas Apple Gets Picked At 26% Under Its 2005 Price

40 Mesa Road, Bolinas (Image Source: lmsarch.com)

Asking as much as $3,700,000 in March of 2009, but re-listed for $2,650,000 this past January, the sale of 40 Mesa Road up in Bolinas closed escrow on June 17 with a recorded sale price of $2,225,000 (reported on the MLS as $2,250,000).

Purchased for $2,995,000 in April of 2005, it’s an effective 26 percent drop in value over the past five years for the William Leddy designed 3,021 square foot home on five acres with a design that’s part of SFMOMA's permanent collection.

A Million Dollar Swing In Expectations For An Artful Bolinas Design [SocketSite]

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May 5, 2010

A Modern Take On The Old (Circa 1971) "La Pigeonniere"

1650%20Indian%20Valley%20Road%20Entrance.jpg

A couple of readers dig up yet another website for 1650 Indian Valley Road (yes, "La Pigeonniere") as well as a few drawings by architect Daniel Strening which, according to the listing, show the "transformation possibilities representing today's lifestyle."

1650%20Indian%20Valley%20Road%20Renderings.jpg

French villa living is so 1600’s. Or in this case, 1971.

How To Spend $3,995,000 (But "Save" $5,255,000) Up In Novato [SocketSite]
∙ 1650 Indian Valley Road: Website | Architectural Drawings [1650indianvalleyroad.com]
Daniel Strening, Architect [streningarchitect.com]

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May 4, 2010

How To Spend $3,995,000 (But "Save" $5,255,000) Up In Novato

1650 Indian Valley Road, Novato

It's a bit to our north but speaking of good sized reductions and changing expectations, 1650 Indian Valley Road has just been listed anew up in Novato. Now asking $3,995,000 for the 6,000 square foot Marin County villa on 16 acres with plans to "modernize."

At $3,995,000 it’s a reduction of just $5,255,000 (57 percent) from its asking price of $9,250,000 in June of 2007 (that's a CMA we'd love to see).

UPDATE: A plugged-in reader discovers a better source for photography (including a few interior shots) and a bit of history. And yes, we’re still looking for those plans as well.

∙ Listing: 1650 Indian Valley Road, Novato (5/3.5) - $3,995,000 [MLS]
Unofficial Inventory (And A Righteous Reduction) At 601 Dolores [SocketSite]

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March 8, 2010

Napa "Gentlemen" Growers Getting Squeezed Like A Grape

"In California’s Napa Valley, producer of the most expensive U.S. wines, 2010 may be a vintage year for foreclosures as the industry is squeezed by falling land values [down 15% since 2007] and a consumer shift to cheaper brands."

Vineyard Defaults Surge as Lost Land Values Undermine Napa Wine [Bloomberg]

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January 25, 2010

A Million Dollar Swing In Expectations For An Artful Bolinas Design

40 Mesa Road, Bolinas (Image Source: lmsarch.com)

From the Leddy Maytum Stacy Architects website with respect to 40 Mesa Road, design by William Leddy and part of SFMOMA's permanent collection (the design not the house):

This private residence for a collector of Asian Art lies at the edge of the Pacific Rim. Located on the Point Reyes Peninsula 40 miles north of San Francisco, the site overlooks Bolinas Lagoon and the costal mountains beyond.
The house was conceived as a sculptural presence harmonizing with the natural landscape. Its sand-colored plaster walls blend with the golden California grasses; its gray metal roof merges with the often-gray skies.
As one moves through the house, the structure selectively frames views of the surrounding natural world.

Last sold for $2,995,000 in April of 2005, the 3,021 square foot home on five acres returned to the market in March of 2009 asking $3,700,000.

40 Mesa's asking price was reduced to $3,550,000 last May, to $2,975,000 last July, to $2,700,000 last October, and to $2,650,000 as of four days ago.

∙ Listing: 40 Mesa Road, Bolina (4/3) - $2,650,000 [MLS]
Leddy Maytum Stacy Architects [lmsarch.com]

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December 15, 2009

The Woods Atop A Grassy Knoll In Mill Valley (1 Via Vandyke)

1 Via Vandyke

Atop a grassy knoll (and 1.33 acres) of its own, 1 Via Vandyke across the bridge in Mill Valley offers some big city, Marin and bay views, 7,545 square feet of living (6,925 in the main house plus 620 in the cottage) and an "Arts & Crafts design with Asian influence."

1 Via Vandyke View

Built in 1999, it’s been on the market for a month and asking $6,900,000. And it's a who’s who of hardwoods used throughout the house: Honduras mahogany, Bubinga, Wenge, Macassar, Anegre, Padauk, Maple, Brazilian Cherry, and Teak.

Listing: 1 Via Vandyke (7/5.5) - $6,900,000 (Marin) [1viavandyke.com] [Redfin]

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May 26, 2009

An Updated Oakland (The Architect) Eichler Across The Bay In Marin

26 Oak Mountain Court: Interior

It’s a Claude Oakland designed Eichler across the bridge in Lucas Valley. Built in 1963 but renovated (modern lovers keep looking, Eichler purists look away) and expanded since.

26 Oak Mountain Court: Bath

We’re not sure we get the carpeted dining room, but otherwise we’re digging the design (and lot). Not yet listed but the vanity site just went live and asking $1,550,000.

26 Oak Mountain Court: Backyard

∙ Listing: 26 Oak Mountain Court, San Rafael (4/3) - $1,550,000 [26OakMountainCt.com]

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March 27, 2009

For The Love Of Fridays And 433 Lovell Across The Way (Mill Valley)

433 Lovell

We were tempted to simply write "too beautiful to describe," but we didn't. It’s been in DWELL, but we won’t hold that against it. And yes, it's in Mill Valley on half an acre.

433 Lovell: Between the buildings

Completed in 2006 by its architect owners, 433 Lovell features four bedrooms, three and one-half baths, and around 4,000 square feet (not including the tree house out back).

433 Lovell: Kitchen

Not yet listed or official inventory, but coming soon and seeking $4,175,000.

∙ Listing: 433 Lovell Avenue, Mill Valley (4/3.5) - $4,175,000 [433lovell.com]
A Maybeck On The Market (And Display) Once Again: 270 Castenada [SocketSite]
Quezada Architecture [thinkqa.com]

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September 4, 2008

Agassi's Ex-Estate In Tiburon: A $20,000,000 Tear-Down?

Ex-Agassi Tiburon Estate

We can't confirm any of the details so we'll just consider it a "RandomRumor" for now, but from a plugged-in reader with respect to Agassi's ex-estate in Tiburon:

The couple who bought this are in the process of tearing it down and putting up what they really want. $20 million teardown. Ya gotta love hedge fund managers - too much extra cash!!

You know where to send the renderings (tips@socketsite.com). And once again, purchased by Agassi in 2000 for $23,000,000, and then sold for $20,000,000 in 2006.

Not The Best “Investment” For Agassi In Tiburon [SocketSite]

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December 27, 2007

Now Would That Be A Pre Or Post Prison Martha Stewart Design?

57 West Shore Road: Deck

We know, we know, not everyone is in the market for an eleven million dollar Belvedere "compound." So how about a more modest $5,600,000 waterfront Belvedere home "personally designed by Martha Stewart, a friend of the current owner in the style of a 'Luxury loft'" with a "gourmet kitchen personally designed by chef Michael Chiarello?"

57 West Shore: Dining

And as if those two aren't names enough: "For the full price, seller will consider including the furniture including Dakota Jackson and Holly Hunt designer items from Randolph and Hein and Kneedler Faucher, custom built Honduras mahogany dining table and Parisi Chaise Lounge with Design Tex swayed fabric."

Oh, and the "beautiful mahogany used to build the dresser and bed in the master bedroom was originally earmarked to make Gibson guitar[s]."

∙ Listing: 57 West Shore Road, Belvedere (4/3.5) - $5,600,000 [Olivia Hsu Decker]
Sitting On A Deck (Or A Dock) By The Bay: 210 Beach Road [SocketSite]

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December 26, 2007

Sitting On A Deck (Or A Dock) By The Bay: 210 Beach Road

210 Beach Road, Belvedere Island

Okay, so 210 Beach Road isn't in San Francisco proper but rather just across The Bay on Belvedere Island. And it's not just a house, but rather a "compound" that consists of a 3/3.5 main house, a 2/2.5 guest house, a 1/1 Au Pair suite (below the three car garage), and a 1/1 boat house with private pier and dock (perfect for sitting by the Bay).

210 Beach Road: Plan

And while $11,500,000 might be out of reach for some (okay, so most), it is $5,000,000 closer than in 2006 when they were asking $16,500,000 (but didn't find a buyer).

∙ Listing: 210 Beach Road Compound (Belvedere) - $11,500,000 [Byzantium] [Plans (pdf)]

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October 29, 2007

An Albert Farr Design Breaks Free (610 El Camino Del Mar)

610 El Camino del Mar (www.SocketSite.com)

So you missed out on the fifteen million dollar (asking) 120 Sea Cliff, and twenty-two million dollars for the Captain’s House is just a tad bit more than you were hoping to spend. Well, if you're dead set on living on the bluff that put the 'cliff' in Sea Cliff, there's good news. For the first time since being commissioned and built (circa 1929), 610 El Camino Del Mar is now on the open market and asking a mere $6,200,000.

And while we couldn’t find any interior photos online (other than of the pool), we will note that it does appear to be open this coming weekend. And we’ll also note that the architect was Albert Farr who designed numerous notable homes in San Francisco as well as Jack London’s ill fated 15,000 square foot Wolf House in Sonoma County (which burned to the ground prior to completion and was never rebuilt).

∙ Listing: 610 El Camino Del Mar (4/5) - $6,200,000 [MLS]
Big House, Big Views, Big Dreams, And Big News…It’s In Contract [SocketSite]
300 Sea Cliff: $3,900,000 Reduction (After An $8,000,000 Renovation) [SocketSite]
Jack London’s Wolf House [jacklondons.net]

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