Saturday, February 24, 2018


Today's Best Mansion.


It's lavish. It's huge. It's grand. It's expensive.


#1      6025 El Montevideo, Rancho Santa Fe, CA 92067 with 3 bedrooms, 5 baths and 7,790 sq,ft, is listed for sale at $21,000,000.

6025 El Montevideo, Rancho Santa Fe, CA 92067


Buena Vista Farms, a tranquil, gracious and private oasis with a sense of life and nature. Designed and built on a raised plot of land on 15.65 Covenant acres with commanding views and overlooking the largest estates of Rancho Santa Fe. The gated entry, and private meandering driveway is flanked with native California pepper trees leading to an architectural gem with exquisite gardens, lemon and olive groves and state of the art horse facilities. The circular motor court showcases a beautiful single story residence created by the renowned designer Ken Ronchetti and constructed by custom home builder Weir Bros. A recent renovation by San Francisco based designer Paul Wiseman, present an impeccable sophisticated yet casual ambiance, a perfect blend to accommodate the owners indoor outdoor entertaining needs. Custom entry bronze encased glass doors lead to the main residence foyer featuring large wall space for showcasing art and two long gallerias leading to separated wings of the house. Interior walls are Venetian plaster, the flooring is wide plank and distressed antique white oak and custom bronze windows and doors are featured as well as custom designed bronze interior and exterior sconces. The living room is spacious with 16.8 foot high ceiling showcasing antique oak beams, floor to ceiling Palos Verdes stone fireplace with custom designed iron and bronze screen. Beautiful views, Buena Vistas, are prominent throughout the living room, European country style dining room and the handsome library of ultra-suede walls, with extensive bookcases. The state of the art kitchen has two islands and generous flamed Absolute Black granite counter space. All top of the line professional appliances enhance the functionality of this chefs delight. Adjacent to the kitchen, the family room has a large stone fireplace with TV viewing area and glass doors leading to an outdoor dining patio with fire pit and lush gardens. The master retreat features a high wood beamed ceiling, a limestone fireplace and windows overlooking tranquil gardens plus a luxurious bathroom with Massangis French limestone flooring, marble shower, vanities flanked in marble, and a raised tub. His and her closets are oversized and meticulously designed with dressing and seating areas and a separate closet for luggage storage. Located off the master wing, surrounded by olive trees and fronted by a bocce ball court is the separate luxurious spa and exercise pavilion, creating a haven for relaxation. A gated pathway leads to the regulation tennis court with covered viewing pavilion and the resort style pool creating a quiet haven for peaceful enjoyment or elegant parties. Private with its own driveway, the separate guest house offers two bedroom suites, a full kitchen and sun filled living room. Two additional bathrooms have exterior access for entertainment purposes. The pristine horse facilities include the stable, designed with the same architectural material, Palos Verdes stone facade, as the main residence. Situated with excellent ventilation in mind, it is as comfortable as it is functional and includes six stalls, tack room, and 10 feet high sliding oak doors. In addition, there is an office and an apartment. There are five irrigated, half acre grass pastures and a European style walker. A separate driveway entrance leads to the circular turnaround in front of the stable and the award winning agricultural equipment building which can accommodate a truck and horse trailer. This is a rare offering and in the exclusive Covenant in Rancho Santa Fe, close to Palomar airport, all major highways, the renowned RSF Golf and Tennis clubs and the village. Adjacent to the Equestrian trails. Buena Vista Farms. A sense of life and nature through landscape and animals. 


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


6025 El Montevideo, Rancho Santa Fe, CA 92067


Today's Top Real Estate News


Most house hunters have been searching for 3 months or more is yet another reminder that it’s a seller’s market

By Andrea Riquer                                                                                                        MarketWatch


                     



How tough is the housing market?

Most Americans – 61% – who intend to buy a home in the next 12 months have been searching for a whopping three months.

Or more.

That finding comes from a recent survey conducted by the National Association of Home Builders, and includes people who are searching for both new and previously-owned homes.
What's making the house-hunt take so long?

Some 42% of respondents told NAHB they “can’t find a home at a price I can afford,” while 36% “can’t find a home with the features I want” and 34% “can’t find a home in the neighborhood I want.”

And even if would-be buyers can overcome all those obstacles, nearly 30% said they ‘continue to get outbid whenever I make an offer.”
                                                                      



On Wednesday, the National Association of Realtors said that home purchase contracts signed in January had been on the market for only 42 days, one of the shortest periods for any January since NAR started keeping track in 2011.

Sales were down in January even though Realtorsare reporting stronger buyer traffic. “It’s very clear that too many markets right now are becoming less affordable and desperately need more new listings to calm the speedy price growth,” NAR said in a release. 


Today's Best San Diego Mansion


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The median home value in San Diego County is $565,000. San Diego County home values have gone up 7.1% over the past year and Zillow predicts they will rise 3.5% within the next year. 

The median home value in Coronado is $1,572,800. Coronado home values have gone up 3.8% over the past year and Zillow predicts they will rise 2.3% within the next year.

The median home value in La Jolla is $1,899,900. La Jolla home values have gone up 8.9% over the past year and Zillow predicts they will rise 4.2% within the next year.
               
The median home value in Solana Beach is $1,265,000. Solana Beach home values have gone up 13.9% over the past year and Zillow predicts they will rise 3.7% within the next year. 

The median home value in Del Mar is $2,309,800. Del Mar home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.8% within the next year. 


The median home value in Rancho Santa Fe is $2,764,200. Rancho Santa Fe home values have gone up 5.8% over the past year and Zillow predicts they will rise 2.7% within the next year.


#1      5410 Los Mirlitos, Rancho Santa Fe, CA 92067 with 5 bedrooms, 7 baths and 
7,584 sq.ft. is listed for sale at $7,800,000.



Entering through exotic South African Aformosia gates, you are immediately transported into another world, a one-of-a-kind Wallace Cunningham masterpiece, where his site-specific designs engages the orientation of the sun, moon, and stars, together in harmony with earth, air, fire and water, creating a soulful symphonic concert that captivates you. Walls of disappearing glass seamlessly integrate the indoor and outdoor environments, bringing the outside in and the inside out - earth and air. Fire and water then enhance the symphony as both indoor and outdoor environments have fireplaces and pools of water framing the living space. Heated South African slate floors and LED lightening spans the entire house. This predominantly single level floor plan has 4 ensuite bedrooms, including a private 4-room master suite. The peaceful bedroom hosts a Zen water garden, a beautiful bath that overlooks the tropical garden spa, and has a steam shower and separate dry sauna. The suite is further distinguished by its spacious wardrobe, a studio/office that opens to breathtaking lush succulent gardens with immense South African acacia tress. The symphony plays on with equally impressive living areas, including a lounge music room, a stunning entertainment room, an exquisite dining room, an intimate family room that co-exists with a marvelous chef's kitchen, featuring a granite counter top that extends through the glass to the outdoor cooking area, a beautiful theater with its award-winning sound system, and a separate, private 1-bedroom guesthouse. The outdoors presents a graceful massive infinity pool, upper and lower landscape gardens, raised vegetable gardens, fruit trees, attached and detached garage parking, multiple patios and sitting areas. Like a masterful symphony, this home is truly a unique and rare experience! Enjoy the music! 













Today's Best Los Angeles Mansion


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The median home value in Orange County is $699,500. Orange County home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.0% within the next year.

The median home value in Los Angeles County is $595,700. Los Angeles County home values have gone up 8.6% over the past year and Zillow predicts they will rise 3.3% within the next year.

The median home value in Newport Beach is $1,741,900. Newport Beach home values have gone up 5.7% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Santa Monica is $1,520,800. Santa Monica home values have gone up 9.0% over the past year and Zillow predicts they will rise 3.2% within the next year. 

The median home value in Pacific Palisades is $2,944,500. Pacific Palisades home values have gone up 9.8% over the past year and Zillow predicts they will rise 3.8% within the next year.

The median home value in Malibu is $3,169,400. Malibu home values have gone up 10.3% over the past year and Zillow predicts they will rise 4.0% within the next year.

The median home value in Bel Air is $3,513,900. Bel Air home values have gone up 6.7% over the past year and Zillow predicts they will rise 3.1% within the next year. 

The median home value in Beverly Hills, 90210 is $5,217,600. 90210 home values have gone up 9.5% over the past year and Zillow predicts they will rise 3.2% within the next year.

#1      2800 White Stallion Road, Westlake Village, CA 91631 with 7 bedrooms, 
10 baths and 12,656 sq.ft. is listed for sale at $14,900,000.



Amidst Hidden Valley awaits a privately-gated French Chateau with a sense of historic enchantment & great charm. The sprawling grounds feature gardens, fruit trees & million dollar views of the Conejo Valley. Welcomed by soaring ceilings & an elegant double staircase, this estate is immaculate in detail & taste. Travertine flooring is accented with oak wood inlay & exquisite coffered ceilings. Sophisticated dining & living areas indulge the finest luxury with visions of Hidden Valley. The master retreat features an enclosed terrace with mountain views, a sauna & steam room. Rose gardens fill the air with French perfume, surrounding the fountain & infinity pool which spills into the vista. This exclusive property is akin to a French countryside & nothing short of a fairytale. 
































Today's Best San Francisco Mansion
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The median home value in San Francisco County is $1,293,700. San Francisco County home values have gone up 12.8% over the past year and Zillow predicts they will rise 5.9% within the next year.

The median home value in Marin County is $1,094,700. Marin County home values have gone up 6.8% over the past year and Zillow predicts they will rise 5.1% within the next year. 

The median home value in Santa Clara County is $1,196,600. Santa Clara County home values have gone up 21.3% over the past year and Zillow predicts they will rise 8.5% within the next year.


The median home value in Tiburon is $2,638,200. Tiburon home values have gone up 6.1% over the past year and Zillow predicts they will rise 4.7% within the next year.

The median home value in Sausalito is $1,362,900. Sausalito home values have gone up 6.2% over the past year and Zillow predicts they will rise 3.9% within the next year. 

The median home value in Tiburon is $2,580,200. Tiburon home values have gone up 5.4% over the past year and Zillow predicts they will rise 3.4% within the next year
            
The median home value in Palo Alto is $3,010,700. Palo Alto home values have gone up 21.0% over the past year and Zillow predicts they will rise 8.3% within the next year.

The median home value in Los Altos is $3,262,900. Los Altos home values have gone up 17.9% over the past year and Zillow predicts they will rise 7.6% within the next year.     
  
    
The median home value in Saratoga is $2,816,200. Saratoga home values have gone up 18.0% over the past year and Zillow predicts they will rise 7.8% within the next year. 

The median home value in Atherton is $7,257,800. Atherton home values have gone up 16.9% over the past year and Zillow predicts they will rise 7.4% within the next year.

#1      2900 Sprint Mountain Road, Saint Helena, CA 94574  with 7 bedrooms, 6 baths and 9,600 sq.ft. is listed for sale at $18,800,000



This palatial Mediterranean estate is sited on approx. 40 acres w/panoramic views overlooking Napa Valley. A rare opportunity to acquire a grand Napa Valley estate w/prime Cabernet vineyards. Grand scale rooms, 7 fireplaces, library, office, gym, wine cellar & splendid chefs kitchen. Resort-like grounds for an outdoor soiree, 80'pool, stone terraced gardens, orchards, outdoor kitchen & guest casita. Vineyard will be leased to Juslyn Vineyards.

























Today's Best Seattle Mansion


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The median home value in King County is $608,000. King County home values have gone up 15.4% over the past year and Zillow predicts they will rise 6.0% within the next year.

The median home value in Kirkland is $727,500. Kirkland home values have gone up 21.3% over the past year and Zillow predicts they will rise 6.9% within the next year

The median home value in Seattle is $718,700. Seattle home values have gone up 16.2% over the past year and Zillow predicts they will rise 5.7% within the next year.

The median home value in Bellevue is $881,000. Bellevue home values have gone up 17.5% over the past year and Zillow predicts they will rise 5.8% within the next year.

The median home value in Mercer Island is $1,441,600. Mercer Island home values have gone up 8.1% over the past year and Zillow predicts they will rise 4.0% within the next year. 

The median home value in Clyde Hill is $2,680,500. Clyde Hill home values have gone up 18.3% over the past year and Zillow predicts they will rise 7.2% within the next year.

The median home value in Medina is $2,720,300. Medina home values have gone up 13.0% over the past year and Zillow predicts they will rise 5.8% within the next year.

#1      4342 East Mercer Way, Mercer island, WA 98040 with 5 bedrooms, 5 baths and 4,270 sq.ft. is listed for sale at $5,850,000.


Prime north end waterfront residence, thoughtfully designed and meticulously maintained on Cedar Cove. Built in 2015 on a flat 22,324 sq,ft lot with 70 feet of Lake Washington coast..  Home offers gourmet kitchen,high-end appliances and gorgeous wine cellar make entertaining a snap.Dock with a charming shingled boathouse is unique and picturesque.Outdoor covered dining,lakeside deck and fire pit make entertaining the best part of the summer.















Today's Best Phoenix Mansion


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The median home value in Maricopa County is $252,400. Maricopa County home values have gone up 6.9% over the past year and Zillow predicts they will rise 2.1% within the next year.

The median home value in Scottsdale is $435,800. Scottsdale home values have gone up 4.9% over the past year and Zillow predicts they will rise 1.4% within the next year.

The median home value in Carefree is $743,200. Carefree home values have declined -1.0% over the past year and Zillow predicts they will rise 0.4% within the next year. 

The median home value in Paradise Valley is $1,641,900. Paradise Valley home values have gone up 1.9% over the past year and Zillow predicts they will rise 1.0% within the next year.

#1       41188 North 102nd Place, Scottsdale, AZ 85262 with 5 bedrooms, 6 baths and 6,532 sq.ft. is listed for sale at $4,950,000.


Spectacular timeless Desert Contemporary designed by Terry Kilbane. The lush courtyard with water feature presents a dramatic sense of arrival. Upon entry, the stunning panoramic view of the Valley in all its splendor unfolds. Built on one of the premium and private view lots in Desert Mountain, this home offers unobstructed views of city lights, mountains, sunsets, and multiple golf courses. The home wraps around two pools and a sensational outdoor entertaining area. The open, single level plan is appointed with timeless, sophisticated finishes. The guest house is spacious and has its own private patio. Easy walk to the Club house, dog park and driving range.




















Today's Best Colorado Mansion


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The median home value in Denver is $393,900. Denver home values have gone up 6.7% over the past year and Zillow predicts they will rise 2.9% within the next year.

The median home value in Avon is $587,800. Avon home values have gone up 6.0% over the past year.     

The median home value in Vail is $890,200. Vail home values have gone up 8.3% over the past year.   


The median home value in Snowmass Village is $1,043,900. Snowmass Village home values have declined -0.9% over the past year

The median home value in Aspen is $1,453,600. Aspen home values have gone up 2.6% over the past year.


#1      454 Beaver Dam Road, Vail, Colorado 81657 with 6 bedrooms, 9 baths and 
7,327 sq.ft. is listed for sale at $17,900,000.



Authentic European Chalet offering 6 bedrooms, 9 baths, family room, media room, office, ski-room and fabulous spa grotto with fireplace. Recently built by Shaeffer Construction, this home was developed with materials imported from Europe. One of the highest quality homes offered in Vail, and just a short walk to the heart of the Village.















Today's Best Florida Mansion




The median home value in Naples 34102 is $602,800. Naples home values have declined -3.9% over the past year and Zillow predicts they will fall -0.1% within the next year. 

The median home value in Palm Beach is $907,800. Palm Beach home values have gone up 7.8% over the past year and Zillow predicts they will rise 0.2% within the next year.

The median home value in Key Biscayne is $1,106,500. Key Biscayne home values have declined -6.0% over the past year and Zillow predicts they will fall -4.5% within the next year.

The median home value in Boca Grande is $1,409,600. Boca Grande home values have gone up 2.9% over the past year and Zillow predicts they will rise 2.9% within the next year.



#1      80 Leucadendra Drive, Coral Gables, Florida 33156 with 5 bedrooms, 7 baths and 10,351 sq.ft. is listed for sale at $12,900,000.



Premiere location within Gables Estates. Boater's dream on this acre+ point lot with expansive water views directly to the Bay. 270' of water frontage on wide lagoon with 52' dock and plenty of room for all your water toys! House features 12k+ SF, 5 beds/6.5 baths including enormous master bedroom and bathroom, grand foyer, massive living room, media room, 2 beautiful offices, chef's kitchen and butler pantry, breakfast room, craft room, wine cellar, generator, 4 car garage and more. Best opportunity in Gables Estates.






























Today's Best New York Mansion


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The median home value in Brooklyn is $769,800. Brooklyn home values have gone up 12.6% over the past year and Zillow predicts they will rise 3.4% within the next year. 

The median home value in Manhattan is $1,396,100. Manhattan home values have gone up 17.7% over the past year and Zillow predicts they will rise 3.9% within the next year.

The median home value in Southampton is $1,507,400. Southampton home values have gone up 8.1% over the past year and Zillow predicts they will rise 3.0% within the next year.

The median home value in Bridgehampton is $1,897,700. Bridgehampton home values have gone up 8.2% over the past year and Zillow predicts they will rise 3.1% within the next year

The median home value in SoHo is $2,691,500. SoHo home values have gone up 2.5% over the past year and Zillow predicts they will rise 1.3% within the next year

The median home value in Tribeca is $3,111,100. Tribeca home values have declined -0.6%  over the past year and Zillow predicts they will rise 0.2% within the next year.

#1     100 Waterfront, Sagaponack, New York 11962 with 8 bedrooms, 9 baths and 9,200 sq.ft. is listed for sale at $14,995,000.





First offering, a stunning marriage between contemporary and country charm best describes this Sagaponack Farmhouse with 8 bedrooms, 8 full baths, 2 half baths, formal dining room, beautifully equipped chef's kitchen with its own living room, first and second floor great rooms, finished lower level with bedroom and bath, playroom and fully equipped gym with full bath. Separate guest quarters feature a 2 bedroom, 1 bath apartment with full kitchen and living room. The outdoor living space allows entertaining poolside with a fully equipped outdoor kitchen, a custom built fire pit with seating, outdoor shower, pool house with fireplace, flatscreen TV, shower, and bathroom. The meticulously maintained grounds boast a raspberry and blueberry orchard that further enhances the beauty and charm of this very special home. A short distance to one of the most beautiful beaches in the world. 




















Today's Best Mortgage Rates.

Best Week of 2018 For Rates (Not Quite as Cool as it Sounds)
Feb 23 2018, 4:45PM


Mortgage rates fell again for the second straight day--something that has only happened a few other times so far this year.  On an even brighter note, this was the first week of 2018 where the average lender ended the week offering rates that were at least as good as those seen at the end of the previous week.  In most cases, today's rates are right in line with those seen last Friday. 

For the average lender, that means conventional 30yr fixed rates of 4.5 to 4.625% on top tier scenarios.  The same scenarios were seeing quotes of 3.875-4.0% at the beginning of the year.

As we discussed yesterday, "good days" for mortgage rates need some context at the moment.  Yesterday was a good day too, but it happened to follow the worst day in more than 4 years (in terms of outright levels).  In general, as rates trend higher, we should expect to see these sorts of bounces back from time to time.  At some point, one of these bounces could materialize into a broader recovery.  While such a move isn't likely to restore the same rates seen earlier in the year, it could nonetheless make a meaningful difference compared to recent highs.

Unfortunately, we still haven't seen enough improvement to conclude that we're on the verge of such a recovery.  That would begin to change if next week is as decent as this week was. 


52 Week Mortgage Rate Range


ProductTodayYesterdayChangeLowHigh
30 Yr FRM4.53%4.57%-0.043.84%4.58%
15 Yr FRM3.90%3.92%-0.023.12%3.93%
FHA 30 Year Fixed4.33%4.35%-0.023.35%4.38%
Jumbo 30 Year Fixed4.55%4.56%-0.014.10%4.60%
5/1 Yr ARM3.54%3.54%--2.99%3.54%

Looking for more information?  Have a comment regarding any of today's mansions? 
Please text or email me at 619-944-8749 or furtree@msn.com.   Most importantly have a great day!

Cordially,  

Tom Furino  

PS.   Thank you for reading my blogs. Today's Best Mansions has now been read by over 150,000 individuals!