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Hello Everyone!
Sales volume was down slightly which is typical
for this time of year. However, upper end homes
are still getting quite a bit of activity. Our experience suggests that
this could be one of the best years yet for real estate sales. In fact,
the only drawback is low inventory. President and COO of Coldwell
Banker, San Francisco Bay Area, says inventories
are up from late last year, but are still not back to "normal" levels.
Read his comments on our website.
Our newly constructed
home on a 3 acre lot the Big Island at Kohala Ranch is finished. There
are marvelous panoramic views of the Kohala Coast and the Pacific
ocean, and has been fully furnished and decorated by interior designer,
Arthur McLaughlin. It is now ready for
sale at a price of $2,295,000.
Later this month,
the Coldwell Banker International Business Conference takes
place in San Francisco at the Moscone center. This
is where we meet Elite Realtors from all over the world to whom we can
refer people for real estate in other areas. Remember, if you,
your friends or your family need a property in San Francisco
or a referral in another area of the country, keep us in mind.
In return for the lead, we'll give you a chance to win our Rewards for RE-ferrals
contest.
The February Market Update for January is
available now on our website. We also included January 2004
sales figures to give you an idea of how San Francisco Real
Estate, on average, is dramatically increasing
in value.
Sales Activity
For Sale:
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Presidio Heights Home - This grand Presidio Heights home has views of the Golden Gate
Bridge, the Bay and downtown. It features 5 bedrooms, 5 bathrooms
plus 2 half-baths to accommodate a family and guests. The main level
includes a fabulous kitchen/family room with fireplace and opens
onto a sheltered landscaped garden, a spacious living room with
wood-burning fireplace and a handsome formal dining room. A penthouse
entertaining room with fireplace opens onto wraparound rooftop terraces.
This home also features an elevator, recreation room, exercise room,
luxurious guest apartment or au-pair quarters and parking for 3
cars. This is a magnificent home with high ceilings, traditional
details and modern amenities. Listed at $6,500,000
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Russian Hill Units -
Charming four-unit building on a quaint street on Russian Hill.
Spacious one or two bedroom units each with wood-burning fireplaces,
softwood floors, period details, eat-in kitchens and laundry. Three
units are vacant. Six-car parking and extra storage. Listed
at $2,195,000
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Presidio Heights - The Monte Cristo
has been a part of San Francisco since 1875. It was originally built
as a saloon and hotel. It served at one time as a bordello, a refuge
after the 1906 earthquake and a speakeasy. It is located in the
"Laurel / Presidio Heights" Neighborhoods of San Francisco and is
located two blocks from the commercial retail center of Laurel Heights
Village and the restored Victorian shops, restaurants and antique
stores on Sacramento Street in Presidio Heights. Easy transportation
to downtown San Francisco and to the Financial District. This hotel
is in a prime area and has been well operated and maintained. This
is a rare opportunity to have a high visibility hotel. Listed
at $1,998,000
Sale Pending:
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Pacific Heights Condo -
Beautifully remodeled 2 bedroom, 2 bath condo with partial bay
view and 24-hour doorman. Gorgeous hardwood floors in living/dining
area with carpeting in the bedrooms. Custom cherry wood built-ins
and shelving installed throughout. Updated kitchen and baths with
granite counters. Stainless steel appliances in kitchen, including
Sub-Zero refrigerator and freezer. Roof-top heated swimming pool,
1 car parking and large storage room. Perfect Pacific Heights
location near shops on Union, Fillmore and Polk. Buyer represented.
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