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Hello again!
Sales volume was up as expected in February from our typical
low point in January. With buyers and sellers getting back into the
swing of things, more and more people are ready to buy and
sell. Although there are the numerous articles casting a negative
light on the Real Estate market in general, San Francisco continues to be
strong. Low
inventories are beginning to ease as more
homes are being listed for sale. President and COO of
Coldwell Banker, San Francisco Bay
Area, the Bay Area is one of
the hottest areas because people want to live here. Read his
comments on our website. To drive the point home, "Rich Dad Seminars" is
hosting a 2 day Real Estate investing event at the Moscone Center at the
end of the
month.
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 for
$2,295,000.
Our condominium at Kolea on the Big Island is also on the
market and pictures may be seen on our vacations page. This gorgeous 3
bedroom, 3 1/2 bath second floor unit has ocean views and is steps from the pool. It's
listed at $2,850,000.
Last month, the Coldwell Banker
International Business Conference took place in San
Francisco. It was an exciting event and we
are in contact
with 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 March Market Update for February is
available now on our website. We also included February 2004 sales
figures to give you an idea of how San Francisco Real Estate,
on average, continues to increase 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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Russian Hill Condo - Vintage Edwardian-style
building on one of the best blocks of Russian Hill offering classic
San Francisco architectural detail. This remodeled condominium
has one bedroom, one bath, living room with fireplace and views
of Alcatraz & Bay, formal dining room, large remodeled kitchen,
hardwood floors, laundry & deeded storage room. One car leased
parking. Listed at $695,000
Sold:
-
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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