Waterfront Lifestyle in Bel Marin Keys

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

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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)

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.

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

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.

Novato Real Estate Market Update (October 2008 Home Sales Report)

We had drizzle of rain last week and today is blustery and cold. Autumn is definitely sinking in. Yet, despite the apparent problems faced by many around the country, the Novato real estate market is teetering on “hot.” Buyers are focused and seemingly undeterred (especially when it comes to writing offers below asking price–sometime significantly so).

Sellers with a need to sell are embracing aggressive pricing measures as foreclosures continue sapping equity from neighboring homes. As I have said before and I will say again, Novato is the Valhalla of value in Marin. And those whose financial situations don’t support a run at the higher priced homes of Southern and Central Marin are flocking to Novato. Although interest rates are bouncing up and down on a daily basis (literally), those who can qualify for a mortgage are moving in (literally). We are definitely seeing investors moving out of the stock market and into the bullish realm of Novato real estate.

There are 34 homes under $500,000 (down by 2 from September 2008) and 43% of these are in escrow. There are a total of 86 homes under $600,000 currently on the market. At the other end of the spectrum, Novato’s resurgent semi-luxury market ($1 million to $1.5 million price range) posted another 5 sales (there have been 24 such sales over the past 4 months). Overall, an astonishing 53% of Novato condos are in escrow. But, the most surprising market segment is the $600,000 to $750,000 price band with 27% of homes in escrow. This price band has been sluggish through much of the year.

Forty-six Novato homes sold in September 2008–up by 5 from August 2008. These homes averaged about 139 days on market, sold for an average sales price of $715,000 (roughly $338 per sq./ft.). Homes in Pointe Marin, Rush Creek, Bel Marin keys, and San Marin continue to get robust numbers of showings and/or interest.  

For a brief explanation of the importance of the statistic addressing the percentage of “Pending” listings, click HERE. If you would like me to run the exact numbers on your neighborhood, just give me a call at (415) 350-9440. It is always my pleasure to be of service.

Marin County Real Estate (September 2008)

Looking outside last night, my wife commented that it was “dark already” (it was about 7:15 p.m.). I personally confirmed her observation–it looks like the seasons are changing. Predictably, after the annual slowdown of sales in Marin County during the Summer months, it seems as though activity has really picked up over the past couple of weeks. Half of my listings are in escrow (one had 3 offers) and the rest are getting lots of attention. The number of listing is up slightly (it would be up more significantly, but for the high number of Novato homes that are in escrow) and open houses are busy. Buyers seem to recognize that now may be the time to act as they are not convinced the market will tread further south and because of low interest rates (I heard that mortgage rates are down to around 5.75% for conforming loans). Qualifying for those loans is the big issue now–the underwriting process has become very demanding and unforgiving.

[click here for the rest of the story and for a table breaking down home prices in Marin County]

Novato Real Estate Market Update (August 2008 Home Sales Report)

Thirty-four Novato homes sold in July 2008–up by 2 from June 2008, which saw 32 home sales. These homes averaged about 122 days on market, sold for an average sales price of $769,000 (roughly $370 per sq./ft.), and the average sized home was 2,171 square feet. Homes in Pointe Marin, Rush Creek, Indian Valley, and Stonetree continue to get robust numbers of showings and/or interest.

For a brief explanation of the importance of the statistic addressing the percentage of “Pending” listings, click HERE. If you would like me to run the exact numbers on your neighborhood, just give me a call at (415) 350-9440. It is always my pleasure to be of service.

Marin County Real Estate (July 2008)

Whatever wrenches, potholes, u-turns, and other impediments to a prosperous 2008 real estate market recovery we encounter in local (and especially national) media, the engine keeps on running in Marin County, California, where we continue our annual journey onwards and upwards — with some notable exceptions. We just don’t see the wild down-swings in pricing like other parts of the country (click HERE for my recent article on Fundy Markets). I know many of us feel blessed for the good fortune of finding our way here … and we should (click HERE for last week’s Forbes article discussing Marin Schools).

As reported last month, Marin was the ONLY county in the entire Bay Area to have a year-over-year increase in median price last month (prices were up 5.8%) according to DataQuick which surveys all recorded sales. The numbers for the HWY 101 corridor covered by this update are also pretty amazing–the average asking price for single family homes sold is $2.125 million (excluding Novato) and even in Novato that number is $958,000.

We currently have 781 active listings (down from 821 in June 2008). While the Summer is our slow season, buyers continue visiting open houses en mass.

[...click here for the rest of the report courtesy of NorthBayRE.com.]

Novato Real Estate Market Update (June 2008 Home Sales Report)

As noted in this report last month, the Novato (Marin County, California) real estate market continues to show signs of increased health and vitality. While the number of active listings remains high, buyers are really beginning to get in there and write offers in the hopes of tapping into the aggressive pricing embraced by sellers. Indeed, there are several newer homes, under 10 years old, under $800,000 in Hamilton Field. Moreover, there are 4 homes under $400,000, 19 homes under $500,000 (down from 29 last month), and 54 homes under $600,000 (down from 83) currently on the market.

At the other end of the spectrum, Novato’s market ($1 million to $1.5 million price range) posted 9 sales in May 2008. Overall, roughly 23% of homes on the market in Novato are in escrow. Although sellers face stiff competition, they can lure buyers with good pricing and outstanding curb appeal. I expect that sales will continue picking up in the coming months as pent-up buyer demand takes hold. My listings are seeing plenty of activity.

Twenty-eight Novato homes sold in May 2008–a little less than April which saw 31 home sales. These homes averaged about 109 days on market, sold for an average sales price of $804,000 (roughly $379 per sq./ft.), and the average sized home was 2,165 square feet. Homes in Hamilton Field (particularly South Gate and Newport), Rush Creek, Indian Valley, and San Marin continue to get robust numbers of showings.

Marin County Real Estate (June 2008)

Marin County, California, was the ONLY county in the entire Bay Area to have a year-over-year increase in median price last month (prices were up 5.8%) according to DataQuick which surveys all recorded sales. The numbers for the HWY 101 corridor covered by this update are pretty amazing–the average price for single family homes sold in May 2008 was $1.493 million and if you exclude Novato that number increases to $1.647 million. We currently have 815 active listings (down from 881 in May 2008). This time of year historically sees an up-tick in listings as families leave town for vacations, etc. Yet, buyers are visiting open houses in droves. Reports of multiple offers continue.

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