Marin County Real Estate (October 2008)

October 27, 2008

… [A] bona fide enthusiasm exists in the voices of people of who have been waiting to buy while prices moderated or dropped (depending on the area they are looking in). They are excited because they have suppressed their prior urges to buy and think now is the time. 

My listing inventory has dwindled to just one home as all have sold in the past couple of months or are now in escrow (one listing had 3 offers). Marin-wide, the number of homes for sale in the HWY 101 corridor stands at 750 (down from 756 in September 2008). As noted above, reports of multiple offers continue–the most likely targets are aggressively priced Southern Marin homes in good locations and bank owned properties in Novato. And even though the number of homes sold has decreased this year, sellers are holding fast to their prices (particularly in Southern Marin). While interest rates are generally creeping upwards, they remain at historically low levels…

[click HERE for detailed analysis provided by NorthBayRE.com]

Marin Luxury Homes (October 2008)

October 27, 2008

Nationwide, a chill has fallen on the luxury market as the financial debacle unfolds. Historically, many of the luxury homes and ultra-luxury homes sold in Marin County went to buyers who earned their livings in the financial sector. It appears that those buyers have stepped back from the market for the time being. Meanwhile, the number of such homes has increased, placing pressure on pricing. Indeed, even portfolio buyers have taken a wait and see approach…. Mill Valley again experienced the most luxury home sales (with 6).

[ … click HERE for the complete report courtesy of NorthBayRE.com].

Novato Named “Best Affordable Town”

October 16, 2008

As reported in the Marin Independent Journal, Novato, Marin County (California)56 Bahama Reef 004was named by Business News magazine as one the nation’s “Best Affordable” towns near a major and expensive metropolis–in this case, the San Francisco Bay Area. Numerous factors went into the analysis including housing prices (averaging a relatively affordable $750,000 in Novato in November 2007), crime rates, schools, unemployment rates, commute times, shopping, and entertainment.

Indeed, with lots of newer homes at prices far lower than the home prices in towns located just 10 miles south (e.g., 10 miles closer to San Francisco), Novato has long represented a major value. Recent years have brought many former residents of Southern Marin to Novato as retirees downsize and transfer their tax base under Proposition 60 and young families looking for more homes that can accommodate growing numbers. Novato also has abundant horse properties, waterfront living with access to the Bay, and a robust luxury and ultra-luxury housing market (something for everybody).

Novato’s schools are also top-notch. It is home to the highest scoring school in Marin County–Rancho Elementary. The offices at Hamilton Field include numerous businesses and is the future home to a Disney production venture. Downtown Novato (Grant Avenue) has evolved into a robust shopping location with something for everybody, including some very good dining options. Below are some facts as noted in the Marin IJ online.

NOVATO AT A GLANCE:

  • Population: 51,518
  • Size: 28 square miles, including 3,600 acres of open space
  • Median home cost for 2006: $816,000
  • Median annual household income: $75,445
  • School district: Serves more than 7,600 students, kindergarten through high school with nine elementary, three middle and three high schools. College of Marin’s Indian Valley campus serves some 1,000 students.
  • Shopping: Vintage Oaks shopping center includes more than 50 stores; downtown Novato includes numerous small specialty stores and boutiques received more than a $10.7 million face lift in 2003 to upgrade Grant Avenue.
  • Incorporated: 1960 as Marin’s northernmost city.

Other key facts:

  • The Buck Institute for Age Research, one of the world’s foremost nonprofit, independent biomedical research firms, is located in Novato
  • The Chosen Family hippie commune lived in the old Burdell mansion at Olompali State Historical Park in Novato until it burned down in 1969. Janis Joplin and the Grateful Dead played there.
  • Olompali State Historical Park is named for a key Miwok settlement, Olemaloke, that dates back to 1300. The Bear Flag Rebellion, which led to California’s statehood, was fought at Olompali in 1846.
  • Mount Burdell at 1,558-foot elevation, is the highest peak in Novato and overlooks the Petaluma River and San Pablo Bay.
  • Novato claims its share of rock-star talent, including Metallica’s James Hetfield, Journey’s Jonathan Cain and Tom Johnston of the Doobie Brothers.

Novato “Distinguished Schools” 2008

October 16, 2008

Novato’s Lu Sutton Elementary and Rancho Elementary, Ross School in Ross,IStock_2008 and Bayside Elementary in Sausalito were selected as 2008 California “distinguished schools” by the state Department of Education. The award recognizes test scores and improvements. Marin schools account for 77 distinguished school awards over the past 12 years. Rancho, Ross, and Bayside received the award in 1989 (Ross also was recognized in 1993). This is the first distinguished school award for Novato’s Lu Sutton Elementary.

Click HERE for a breakdown of Marin County Schools’ API test scores, as reported by the California Department of Education.

Novato Bakery Featured in Better Homes & Gardens

October 16, 2008

Our own FlourChylde Bakery (located on Grant Avenue) was featured in Better Homes and Gardens for its sublime creation of almond flour tortes (the picture of the dessert made the front cover). The article focused on Marin County farmers’ markets (of course, Novato’s farmers’ market is a Marin County “Best Of”) and the tortes were identified as a lovely dessert. 

You can find FlourChylde Bakery at 850 Grant Avenue, Novato (415) 893-7700.

They are open Tuesday through Friday from 7:00 am to 5:30 pm (8:00 pm during farmers’ markets), Saturdays from 7:00 am to 4:30 pm, and Sundays from 10:00 am to 3:00 pm. pm

Pristine In Pointe Marin

October 16, 2008

Picture a cottage nestled among the rolling hills–welcome to Pointe Marin’s Hideaway neighborhood. Secluded, yet conveniently located within easy walking distance to today’s necessities and a 2 minute drive to HWY 101 and the highly sought-after Southern Novato commute (and within minutes of Hamilton Landing).

This immaculate Craftsman Style home with a Great Room configuration, was built in 2003 and sits on a peaceful cul-de-sac near parks, trails, shopping, restaurants, banking, transportation, and more. It possesses all the benefits of modern construction, but retains a palpable old fashioned comfort and warmth. The many unique amenities include: tasteful and expensive Hunter Douglas window coverings; a phantom (hidden) screen door to the back yard;Sun Flexx awnings; air conditioning; an efficient dual-zone climate control system; multiple built-in shelving and cabinets; all closets are built-out with shelving and bi-level hanging capabilities; upstairs Laundry Room; and unprecedented storage capability in the tandem portion of the garage.

The Master Bedroom is fitted for royalty with a large retreat and Master Bath with massive oval tub, step-in shower, walk-in closet (with built-ins); and dual vanity.

Outside, the immaculate landscaping is on a carefree automated irrigation system. The large grassy area is accented by a tasteful patio and benefits from retractable awnings providing ample shade for those wonderful al fresco dinners on summer evenings.

Waterfront Lifestyle in Bel Marin Keys

October 16, 2008

Amazing one-level, waterfront home in Bel Marin Keys, Novato. Boat dock with easy access to the Bay and beyond. Vaulted ceilings, large windows and multiple sliding doors with wide open views to Bel Marin Keys’ highly desirable south lagoon. Open floor plan with spacious Master Suite (opens to lagoon), formal dining room, outdoor breakfast nook, Great Room styled open Kitchen/Family Room, Living Room, formal entryway with double doors, large and private back yard. Lots of recent improvements.

  • Property Address: 1116 Bel Marin Keys Blvd., Novato, CA 94949
  • Listing Price: $849,000

If you would like to learn more about this lovely waterfront home or set up an appointment to see it, please call Kyle Frazier, the listing agent, at (415) 350-9440. 

 

 

Kyle Frazier, CRS
Frank Howard Allen Realtors

Poolside Paradise in Southern Novato (Pointe Marin Home For Sale)

October 16, 2008

Imagine yourself sitting by the pool with a frosty Mai Tai, a warm summer afternoon breeze fluttering the pages of that novel you’ve been waiting to read, with banana palms waving softly above you.

Pointe Marin pool homes rarely come up for sale — at this price, this gorgeous home will not be around for long.

Welcome to 80 Oak Grove Drive in Pointe Marin, located in a small community of newer homes in highly desirable Southern Novato. Secluded, yet conveniently located within easy walking distance to today’s necessities and a 2 minute drive to HWY 101 and the highly sought-after Southern Novato commute.

  • 80 Oak Grove Drive, Pointe Marin, Novato (Marin County, California)
  • List Price: $799,000
  • 80oakgrove.com —> for more pictures and details

For more information and/or a private showing, please call Kyle Frazier, Marin Realtor & CRS, at (415) 350–9440.

Fishing in Novato?

October 14, 2008

 

Novato Parks & Recreation offers their Fishing in the City on Saturday, 

Oct 25, 8 am – noon, at Scottsdale Pond (Rowland and Redwood).  Scottsdale Pond, Novato, is stocked with catfish (they have some monsters in there, see pic), trout, big and small mouth bass. 
They provide the bait, tackle and rods.  Clinics begin every ½ hour with the last one starting at 10:30 am; you can fish until noon regardless of what time you sign up for.  Price = FREE. Those over 16 years old must have a fishing license.
Pre-registration advised (899/8200).

Pointe Marin Hideaway (Ultimate Upgrades — Amazing Price in Southern Novato)

October 13, 2008

Picture a cozy cottage nestled among the rolling hills–welcome to Pointe Marin’s Hideaway neighborhood. Secluded, yet conveniently located within easy walking distance to today’s necessities and a 2 minute drive to HWY 101 and the highly sought-after Southern Novato commute. 

This immaculate Craftsman Style home with a Great Room configuration, was built in 2002 and sits on a peaceful cul-de-sac near parks (literally around the corner), trails, shopping, restaurants, banking, transportation, and more. It possesses all the benefits of modern construction, but retains a palpable old fashioned comfort and warmth. The many unique amenities include: hickory floors upstairs and down; sumptuous cherry cabinetry in the Kitchen; tasteful and expensive window coverings (including electronic blinds for the high windows in the family room); French Doors to the back yard; air conditioning and central heat; an efficient dual-zone climate control system; multiple built-in shelving and cabinets; overhead fans in all bedrooms and the office; and a convenient upstairs Laundry Room. Additionally there is a guest suite downstairs with its own bathroom. This home also features a sizable office with double doors.

Address: 65 Hollyleaf Way, Pointe Marin, Novato (3 Beds + Office, 3.5 Baths)

Listing Price: $719,000

If you have any questions about this lovely home, call Kyle Frazier, Certified Residential Specialist (CRS) and Marin Realtor at (415) 350-9440.

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