Palo Alto Area Real Estate Insider Blog » Real Estate Trends

Map of Homesites and Plans: Enclave Waverly Park

Anne Arjani — Tue, 03 May 2011 00:32:35 +0000

Map of Homesites for the Pumpkin Patch development

This is a map of the homesites for the Enclave at Waverly Park in Mountain View CA. This new home development of 53 homes along Grant Road in Mountain View CA has had instant success. In the first release 6 of the 9 new homes available were sold in less than two weeks. These home range in price from the high $1.5M up to about $1.8M at this time. These approx prices are with standard finishes, and most homes will probably have many updated finishes. The residence one is a one story home and only 11 of these homes will be built. This is the most popular of the models according to the marketing team.

Scroll down to see previous blogs with videos of Residence Plan 1 and Residence Plan 3.

Pumpkin Patch Homes in Mountain View CA make their debut

Anne Arjani — Sat, 30 Apr 2011 15:12:48 +0000

Enclave at Waverley Park Plan 1One Story home, approx. $1,740,000. price. One of 11 out of 53 future homes at the former Pumpkin Patch in Mountain View CA 4 bedrooms, 31/2 bathrooms, 2737 sq ft- 2745 sq ft on an approximately 8,000+ sq ft lots. This gorgeous one story home has a very large great room and exhibition style kitchen. This is a wonderful home for a downsizing affluent senior couple. The Enclave at Waverly Park in Mountain View CA will have approximate 53 homes built over the next 18 month which range from 4 bedrooms to 6 bedrooms. Each home has a space that can be converted into a bedroom or used as an office or secondary family room.Prices range from about 1.6M to 2.0MSummerhill homes will probably make a large portion of their profits off of the upgrades that will be available through their design center.The homes are quite customizable to suit the needs of the home buyers. Summerhill designs and build some of the most innovative housing in the world, and the Enclave at Waverly Park is no exception. All homes will be green point rated. Some of the following green construction energy efficient features are standard and some are optional. Features include the following: solar power, low VOC paints and materials, Energy Star appliances, tankless water heaters, solar power. 15% plus over T-24, high efficiency irritation systems, Low-emitting insulation at walls and ceilings, Energy Star bath fans, Low flow Kohler toilets, HVAC filter MERV 8+, High efficiency air conditioner with environmentally responsible refrigerants. Some of the green building options include the following: Whole house fans, Blown in insulation, Owl electricity monitor, Kohler dual flush toilets.The new home models are gorgeous, and the location is ultra convenient to shopping, outstanding medical facilities, freeways, and all that the South Bay of the San Francsisco Bay Area has to offer.Call me at 650 400 2986 so I can take you on your first visit to these homes. I will be able to assist you in your negotiation with Summerhill homes.

Gorgeous Updated Eichler Home in Palo Alto CA

Anne Arjani — Sat, 09 Apr 2011 16:19:46 +0000

This beautiful 4 bedroom 2/1 bath home on De Soto drive in Palo Alto CA was remodeled by a Japanese Architect who honored the original home but improved on it with gorgeous designer touches. If I were remodeling an Eichler home, I would hire this architect. There is so little inventory in the Palo Alto Real Estate market that anything that is nicely updated and does not have any location defects flies off the market. This Palo Alto CA Eichler home sold in 10 days. I would use this video as a means of getting ideas for how to successfully update a Palo Alto Eichler home or a Mountain View Eichler home.

Menlo Park Real Estate Market Update

Anne Arjani — Mon, 04 Feb 2008 07:21:58 +0000

Menlo Park Real Estate continues to be an outstanding place to have a real estate investment or home, particularly in neighborhoods that have either the high scoring Las Lomitas Schools or the excellent Menlo Park City Schools. Since 1998 an averaged price home in Menlo Park has gone from $665,329.00 to $1,436,329.00: a real estate home appreciation increase of 215% over 10 years! Downtown Menlo Park is a big draw, with the greatest appreciation in the very desirable Downtown Menlo Park and Allied Arts Neighborhoods. The “Starbucks effect” can be seen in that home buyers crave an easy walk to a diversified, yet charming downtown district for meals out, simple errands and even grocery shopping. The following chart shows us that while prices have been trending upwards, appreciation was flat in 2007. You can see detailed home appreciation charts at graphs for all area cities by clicking on Market Trends.

The flat 2007 home appreciation rates do not truly reflect what is happening in most neighborhoods in the City of Menlo Park. At this time there are about 30 listings in the Belle Haven and Fair Oaks neighborhoods of Menlo Park, and almost nothing (fewer than eight) in all of the other neighborhoods in the under $1.5M sector. Most listings in the Belle Haven and Fair Oaks neighborhoods are under $1.3M dollars (typically in the 700-900K range), but they are not selling. Why? These neighborhoods are in the much lower scoring Redwood City School district, and they are close to the railroad tracks and Hwy 101. There are some short sales in these neighborhoods as well. These multiple low priced listings skew the overall numbers for all Menlo Park neighborhoods downwards. If you were to exclude the Fair Oaks and Belle Haven neighborhoods, then appreciation in Menlo Park in 2007 would approach 15%. Desirable Menlo Park neighborhoods trend similarly to Palo Alto Real Estate.

Menlo Park will continue to be a very desirable place to live, and if you don’t have school age children, there are bargains to be found in the Belle Haven and Fair Oaks neighborhoods.

If you are serious about purchasing a home in Menlo Park CA, call me, or email me at aarjani@kw.com Anne Arjani today at 650 400 2986, and we will find you a wonderful home in beautiful Menlo Park California.