Hello again!

Once again, as business slows down, we get to take a breath and give thanks for all the blessings we have had. Mick and I have traveled since Thanksgiving and were able to see how our investment in Panama is coming along. It's very exciting to be in on something so early in the process! If you have an interest in knowing more about this investment opportunity, e-mail or call us. Janis Stone - 866-224-8024

Back home, the San Francisco Real Estate market is changing: sales were strong in November for all of the categories we track, however, listing and selling prices of homes decreased from October. This could be due to a larger than normal number of price reductions. However, remember the closings in November reflect sales negotiated in September and October. Next month will probably show a even more signs of slowing which is typical during the Holidays.

We returned several weeks ago from furnishing our luxury vacation rental property at Kolea on the Kohala coast on the big island of Hawaii. We also want to take this opportunity to personally thank Arthur McLaughlin for helping us do the decorating. As is true with properties he helps us prepare for sale, his expertise will help us get the best rental price for our unit! So if you know of anyone who wants a luxury vacation retreat, contact us for information or call Abbey Vacation Rentals at (866) 456-4252.

Kathleen Maconald - 415-229-1237

Finally, 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; a ONE WEEK stay in Hawaii at our luxury townhouse condominium. Beginning next year we will be giving away time at our Tahoe City condominium.

Avram Goldman, the CEO of Coldwell Banker San Francisco Bay Area, reports about the changes in the market in his late November report.

The December Market Update for November is available now on our website. We also included November 2004 sales figures to give you an idea of how San Francisco Real Estate, on average, is dramatically increasing in value.

Sales Activity

Coming Soon:

Presidio Heights Home -

Listings:

600 Presidio Avenue - 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 or development opportunity to change the hotel to condominiums. Listed at $1,998,000

Pending:

185 Saint Germain - New Luxury Custom Clarendon Heights 3 bedroom, 3.5 bath home, built with the finest attention to detail. Elevator to all levels. Formal entry. Living room with fireplace. Library area. Formal dining room. Gourmet kitchen with granite counters. Family room opens to split-level patio. Panoramic North Bay view master suite with luxury limestone spa bath. Hardwood floors. Custom crafted woodwork and cabinetry. Recessed lighting in all rooms. Pre-wired with open house network. Laundry room. Storage rooms. 3-car garage. Buyer represented. Listed at $2,295,000
836 Alvarado Street - Victorian-style house with two to three bedrooms, plus an office/den, one and one half baths, fireplace, hardwood floors, formal dining room, vintage kitchen, laundry, yard, storage and two-car garage with excellent expansion potential. Listed at $1,095,000

Sold:

2638-40 Hyde Street - Charming Victorian-style units in a very quaint Russian Hill location steps to Ghiradelli Square and the Bay. Spacious main level unit has 5 rooms, 2 baths, remodeled kitchen and family room, private brick patio; upper unit has 2 bedrooms, 1 bath, remodeled kitchen & deck; lower unit is 2 bedrooms, 1 bath and patio , common laundry, 1 car garage. Listed at $1,495,000 sold for $1,805,000
1173-B Vallejo Street - Stylish two bedroom, two bath condominium in a contemporary, two-unit building, built in 1992 featuring an open floor plan with a wood burning fireplace, marble bathrooms, laundry, extra storage, shared garden and one car deeded parking. Listed at $749,000 sold for $770,000
2278 Bush Street - Stylish two bedroom, two bath condominium in a contemporary, two-unit building, built in 1992 featuring an open floor plan with a wood burning fireplace, marble bathrooms, laundry, extra storage, shared garden and one car deeded parking. Buyer represented. Listed at $895,000 sold for $1,100,000
158 Carnelian Way - Panoramic view townhouse-style condominium with three bedrooms, two and one half baths on two levels. Living room with wood burning fireplace and deck with views of San Francisco downtown, Bay Bridge and Twin Peaks. Formal dining room, Brazilian cherry hardwood floors, kitchen/family room which opens onto a large deck. Corner unit, two-car tandem parking in the garage with interior access, laundry and storage. Listed at $899,000 sold for $880,000

See you next month!

Janis & Kathleen

"The nicest compliment you can give me is to refer others within your circle"

Toll Free (866) 224-8024

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