Spring Real Estate 2019

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SPRING 2 019

Modern makeover Home designs inspired by new materials, classic styles page 14

Monroe Park provides quiet escape page 17

What can you buy on the Midpeninsula? page 36


Whether you’re buying or selling in this competitive market, Elaine White is your best advocate. SO

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COMING SOON OLD PALO ALTO - REMODELED 4BD/3.5BA ON 7500 SQ FT LOT REDWOOD CITY - REMODELED 2BD/1BA WITH TOTALLY REMODELED 1BD/1BA COTTAGE ON 5200 SQ FT LOT; WEST OF EL CAMINO, CLOSE TO DOWNTOWN

SAN FRANCISCO: LUXURY PENTHOUSE

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“Elaine makes it her job to get to know her clients on a personal level.

She clearly understands our likes and dislikes, our family goals, and our needs in a home. She always puts people ahead of business...very unusual in the real estate game. She is highly regarded by other agents, and provides exceptional customer service. We wouldn’t consider using another agent, and we would never make a move without Elaine.� —MJ C., Menlo Park (buyer and seller)

“Words can’t do justice to what a fabulous realtor Elaine is.

She helped me sell a home, and just recently buy a home. Elaine is the most organized, HIÀFLHQW NQRZOHGJHDEOH DQG VNLOOHG SURIHVVLRQDO , SUREDEO\ KDYH HYHU ZRUNHG ZLWK LQ DQ\ DVSHFW RI EXVLQHVV 1RW RQO\ LV (ODLQH D 5HDOWRU VKH LV DQ DWWRUQH\ 7KLV FRPELQDWLRQ LV H[WUHPHO\ KHOSIXO ZLWK DQ\ SURSHUW\ WUDQVDFWLRQ , OLNH ZRUNLQJ ZLWK SURIHVVLRQDOV WKDW NQRZ ZKDW WKH\ DUH GRLQJ JHW WR WKH SRLQW DQG JHW WKH MRE GRQH HIÀFLHQWO\ DQG SURPSWO\ WKDW GHÀQHV (ODLQH ¾ —Karin M., Los Altos Hills (buyer and seller)

“,I \RX DUH D SURIHVVLRQDO DQG ZDQW D WUXH SURIHVVLRQDO UHSUHVHQWLQJ \RX RQ HLWKHU VLGH RI D UHDO HVWDWH WUDQVDFWLRQ KLUH (ODLQH ,I \RX DUH QRW D SURIHVVLRQDO and not experienced in buying or selling your property, it is imperative that you hire Elaine. She simply knows exactly what she is doing, understands the PDUNHW NQRZV HYHU\ WRS UHDO HVWDWH SUR LQ WKH PDUNHW DQG ZLOO JHW WKH MRE GRQH LQ \RXU EHVW LQWHUHVWV HYHU\ VLQJOH WLPH ,W LV QR ZRQGHU VKH LV D WRS UHDOWRU nationwide for Coldwell Banker; best of the best.� —David K., Menlo Park (buyer and seller)

“Sometimes they go quickly and sometimes they drag out. But one thing is a constant - you do a masterful job.� —Joel S., Palo Alto (buyer and seller)

ELAINE BERLIN WHITE Top 1% of Coldwell Banker Agents Worldwide 1377 El Camino Real, Menlo Park 94025 ewhite@cbnorcal.com • www.elainewhite.com 650.566.5323 • 650.465.4663 cell CalDRE #01182467

Page 2 • The Almanac | Palo Alto Weekly

Broker Associate, Attorney at Law

www.facebook.com/EBWRealEstate


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60 BUCK COURT, WOODSIDE Offered at $5,998,000 4 bed | 4 bath | 4,300 sq ft | 1.145 acres West Menlo Park Schools! (Las Lomitas & La Entrada) Within the main residence there are approximately 4,300 sq ft. The 4bd 4ba estate home is on a private 1.145-acre “flag-lot” that was built in 2000 and has been tastefully updated since then. The home boasts a grand Master Suite and 2 large bedrooms upstairs as well as a very nice guest suite downstairs. The gourmet chef’s kitchen is well appointed and there is a huge great-room/living room, a private dining room and a cozy family-room off of the kitchen. Behind the home is a spacious patio and pool area with a Jacuzzi, a built-in bar and BBQ, dining areas and a shaded fireplace area. Behind the pool and patios is a full 1-bedroom 1-bath guest house as well as a large pool-house that is connected to it (that could be a second bedroom) and is currently used as a large open office, with its own full bathroom. There are two large 2-car garages onsite, one is connected to the main home and another next to it that is currently being used as a gym. There is also a great play area next to the guest house and behind the detached garage, that has endless possibilities for other uses. Above and to the right of the main residence is the magical wine cellar “Castle” that used to be part of the Buck Estate. There are 2-huge stone patios in front and behind this building that are perfect for dinner parties and entertaining!

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Homes, Estates & Investment Properties Direct: 650-529-2486 | Cell: 650-207-6005 SeanFoleyCB@gmail.com 2969 Woodside Road, Woodside Cal BRE 00870112 The Almanac | Palo Alto Weekly • Page 3


Real Estate SPRING 2 0 1 9

A Palo Alto Weekly and Almanac publication PaloAltoOnline.com • AlmanacNews.com

36 14 17 22

Selling Savvy Pizza room, three pools, an indoor climbing wall? Realtors share what happens when one-of-a-kind properties need a new owner

Cover Story Homes designs inspired by modern concepts, materials

Neighborhood Snapshot: Monroe Park Dog-friendly community provides quiet escape from nearby commercial districts

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Browsing by Budget What can you get along the Midpeninsula for $1 million, $4 million, $10 million?

Market Watch Menlo Park replaces nursery with 24-condo complex that covers 1.7 acres

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Rent Watch Find out which south bay rental market is more expensive than Palo Alto

Seasonal Trends Why the Midpeninsula housing market could become a millennial magnet this spring

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Editor: Linda Taaffe Designer: Linda Atilano On the cover: This Palo Alto home features modern, clean lines and new weatherresistant materials on the exterior. Photo by Veronica Weber.

CARRIE DAVIS your teammate in real estate As an athlete and former coach, Carrie knows how to compete, work as a team and most of all, WIN!

BUYING OR SELLING YOUR HOME? Let Carrie use her competitive edge to negotiate the best results for your real estate needs.

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Carrie.Davis@cbnorcal.com Page 4 • The Almanac | Palo Alto Weekly

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2019 | SPRING REAL ESTATE

Selling Savvy

Courtesy of Deleon Realty

This ultramodern house in Palo Alto’s Crescent Park neighborhood features retractable walls of glass on the main floor as well as cutting-edge amenities, such as whole-house automation.

Realtors share strategies on how to market homes with poker rooms, indoor sports courts and other unique features that only appeal to select buyers

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by David Goll

Page 6 • The Almanac | Palo Alto Weekly

(Joseph) Eichler homes, and some don’t. Some people are willing to pay a premium for older homes and some for new construction.” The ability to reach speciality audiences is key, according to longtime Palo Alto Realtor Judy Citron, who over the years has worked with clients seeking such special features as tennis courts, guest houses, riding stables or a property without large trees. Even in this era of online home listings, Citron, who is based in the Palo Alto office of Compass (continued on page 10)

This historic 1897 home in Palo Alto’s Professorville that sold in 2016 was gutted and updated, blending historic details with modern features.

Veronica Weber

n a region noted for residential diversity, the Midpeninsula has its share of unique properties, from a sprawling 20-room mansion with a pizza room and climbing wall, historic California Colonial bungalows and vintage Eichlers to an ultramodern glass house with retractable walls. Some might say the region has something for just about every taste. Marketing homes with unusual features or long, colorful histories, however, often requires outsidethe-box strategies that appeal to a comparatively small but passionate group of buyers. “Every home ... has unique appeal. Sometimes, you have to scratch your head and consider the best strategies,” said Elyse Barca, Realtor for Compass in Menlo Park. “Here in the Bay Area, some people love our


Derk Brill’s

success in the MidPeninsula real estate market is no secret. Born and raised in Palo Alto with family roots in the area dating back to the 1920’s, he has a thorough and intimate knowledge of the community, and the personalities that shape it. His experience and expertise have enabled Derk to attain the status of top producing agent in the Palo Alto office, as well as being among the elite agents in the United States. Derk’s philosophy of client service differs significantly from most top producing agents. He offers a hands-on, personal approach to the sale of a home. This extends from the preparation process through the close of escrow. Rather than handing a client off to a series of assistants, Derk manages every aspect of the sale including property prep, marketing, open houses, negotiation, and closing. This provides a seamless transaction from beginning to end. Alain Pinel Realtors’ partnership with Luxury Portfolio International ensures that in addition to local and national marketing, Derk’s clients benefit from extensive international exposure through a large network of brokerages throughout the world. If you are considering selling or buying a home in the mid-peninsula, contact Derk to leverage the expertise of a true local.

DERK BRILL e-Pro, Certified Relocation Specialist M: 650.814.0478 dbrill@apr.com www.DerkBrill.com License# 01256035

The Almanac | Palo Alto Weekly • Page 7


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The Almanac | Palo Alto Weekly • Page 9


2019 | SPRING REAL ESTATE

Courtesy of Rex Real Estate

The “poker room” is among the many custom details in this 20-room house on Los Trancos Road that made headlines last June when it went on the market for $96.8 million. The four-story home also features a full indoor gym with a basketball court and climbing wall (at right), a pizza room, dance floor, wine cellar, billiard room, and a multi-purpose indoor ice rink and sports pavilion with its own locker room.

Selling savvy (continued from page 6)

Real Estate, recommended: Find Realtors of the human variety who are knowledgable about local neighborhoods. They have the ability to locate unique, unusual or custom properties, she said. Barca, who often works in neighborhoods with homes that have historic or architectural significance, said she has learned to seek out a subset of prospective buyers who appreciate older, historic properties. “There are old-home people and newhome people,” she explained. Barca said she gravitates to online blogs and architectural magazines that feature older and unique properties to market to buyers who have a taste for the unconventional.

and ensures you get the maximum amount of press.” Welsh is currently marketing two, twobedroom duplexes in Cupertino located in a neighborhood that includes muchlarger single-family homes with average values around $3.5 million. The duplexes — one 1,200 square feet and the other 1,400 square feet — sit on a 9,000-squarefoot lot directly across the street from a 3,300-square-foot single-family home. The novelty of such an unusual property in “phenomenally high-end Cupertino” is what Welsh emphasizes to potential buyers. “In talking to clients, I talk about a two-unit duplex in this beautiful neighborhood,” she said. “A buyer might be interested in living in one of these units, and renting out the other. It may appeal to a couple who would like to have their parents live next door. In a location not surrounded by rentals. We want people to see the potential in a property like this.” Barca said sometimes you have to think even further outside the box for some of these one-of-a-kind properties. Several years ago, Barca said she found a unique way to market a singular property on Fair Oaks Lane in Atherton — a 9,000-square-foot home built as a summer retreat in the late 1920s by famed San Francisco businessman and philanthropist Herbert Fleishhacker. He helped fund the construction of what was once one of the world’s largest outdoor heated public swimming pools in San Francisco. When subsequent owners decided to sell the house, Barca was faced with a marketing challenge: How to sell an iconic home that looked “very lived-in” at the time. Local interior designers from throughout the Bay Area came to the rescue. Barca said they turned the house into a stunning decorators’ showcase, with individual designers transforming each room in the house. “It took a year to do the makeover, but the exposure the showcase gave the house was phenomenal,” she said. Q David Goll is a freelance writer. He can be emailed at David.w.goll@gmail.com.

‘Every home ... has unique appeal. Sometimes, you have to scratch your head and consider the best strategies.’ — Elyse Barca, Realtor, Compass in Menlo Park One home she is strategizing how to market is a 114-year-old historic Queen Anne, whose interior has been thoroughly gutted and updated. For this property, Barca said she will need to reach prospective buyers willing to spend more for a home with all the modern conveniences hidden behind a Victorian facade. Denise Welsh, Broker Associate in the Los Altos office of Alain Pinel Realtors,

said finding the appropriate online or print venues to reach buyers with unique needs or tastes is paramount when she’s looking to advertise unusual or unique homes and properties. “Wise placement of advertising is one of the primary strategies,” Welsh said. “Embellishing it with a clever catch phrase. You can’t emphasize enough how effective targeted advertising helps you appeal to the right group of prospective buyers

Weekly file photo

Page 10 • The Almanac | Palo Alto Weekly

This 6,000-square-foot home in Woodside, which sold in December 2018, sits on five acres and includes a pool house that overlooks the pool and an outdoor kitchen.


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The Almanac | Palo Alto Weekly • Page 11


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The Almanac | Palo Alto Weekly • Page 13


2019 | SPRING REAL ESTATE

Cover Story

Home designs take inspiration from new concepts, classic midcentury-modern style by Elizabeth Lorenz

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Page 14 • The Almanac | Palo Alto Weekly

The former garage of this Eichler home in Palo Alto, which was converted into this family room, includes glass walls and other midcenturymodern features that local architects say are making their way back into new construction.

Photo courtesy of the Palo Alto Historical Association

This vintage photo shows the living room of an Eichler home in Palo Alto just after it was built in the 1950s. Eichler’s geometric homes helped define the “California Modern” style.

flex space: a guest house, room for an adult child, room for aging parents, room for a caretaker or additional recreational space. As for design, open floor plans with modern, clean lines are by far the most popular style along the Midpeninsula, according to local architects. “It seems that all of the new houses are modern to some extent: cleaner lines, natural materials, bigger windows, more open plans,” Zak said. Even traditional homes are using modern concepts to fully engage in indoor-outdoor living, she said. Palo Alto architect Carl Hesse of squarethreedesign said the modern aesthetic has been popular with his clients for about the last decade. If anyone asks for something other than modern, Craftsman usually tops the list, he said. Hess said he believes part of the shift toward a more modern, sleek look has come from outside influences such as IKEA, which has brought its clean-lined Scandinavian-style furniture to the mainstream. He also speculated that technology workers who spend their days in spacious, airy office buildings want to bring that aesthetic to their home lives. San Francisco architect John Klopf, whose firm focuses almost exclusively on renovating or rebuilding Eichler homes, which initially gained popularity in the 1950s-’60s with their open floor plans, sleek

lines and glass walls, said he’s seen a resur- fireplace and chimney that separated two gance in the popularity of the midcentury living spaces. “But after thinking about the modern home. People recognize them for floor area it took up, and multiplying that by the cost of the house in square feet, they they are: “classics,” he said. “Most people still want ‘great room’ liv- realized they were losing something like ing, but we also are starting a couple projects $50,000 to $60,000 of useable floor area,” where the clients are more interested in a he said. Instead, he is designing a smaller flowing set of spaces that, while connected, gas fireplace that’s not in the middle of the can still be separate and provide some space living space. Exterior textures for family members to also have changed with ‘escape’ while still being improved technology, connected with the rest ‘It seems that all Hesse said. Fiber cement of the family.” Klopf said he’s also of the new houses panels, for example, is a material he’s using on had recent requests to denew modern homes. The sign homes in a “transiare modern to thin, dense synthetic mational style,” which comsome extent, terial is weather and terbines the modern, open mite resistant, he added. floor plan with more tracleaner lines, Corrugated sheet metal ditional trims, symmetry is another material he and smaller openings benatural materials, favors. tween rooms. “I think it is adding a One thing that seems bigger windows, lot to the fabric of neighto be going out of favor borhoods to see modern in Klopf’s experience: more open plans.’ houses interspersed with fireplaces. — Karen Zak, traditional homes and “When it comes to preMenlo Park architect older homes,” Zak said. serving a wood-burning “Many of the modern fireplace, only older clients or European clients are much interested and new homes are really well designed in that anymore. Some people still want to and engaged in the context of the neighboradd in a gas fireplace, but we do a lot of hood. They are not just commercial-styled, projects where people just want to eliminate big plain boxes.” Q the concept of a fireplace altogether.” Elizabeth Lorenz is the former Home & In one Eichler house, Klopf’s clients Real Estate editor. She can be emailed at originally wanted to keep the large brick elizabeth_lorenz@yahoo.com.

Courtesy of Nate Donovan

early every neighborhood on the Midpeninsula has a new home being built or one being torn down. While it’s hard to pin down which materials, styles and building trends are the most common, local architects have valuable observations taken directly from their drafting tables. One key observation, made by Menlo Park architect Karen Zak, is that perhaps because land is so valuable, Midpeninsula homeowners tend to try to maximize their home size. While houses in the Bay Area continue to get larger, the way homeowners are choosing to add extra space has changed, Zak said. More people are choosing to dig down and gain extra space in the basement. This makes sense for a couple of reasons, she said. Basements won’t eat up additional outdoor space, and zoning codes that restrict the amount of square footage that can be built on a lot don’t normally apply to the basement. She also is seeing many more secondary dwelling units being designed as additional space on lots with existing houses. She attributed the uptick to changes in city codes that encourage these types of units. Secondary units, she said, are usually pretty modest in size and are designed to be

Architect John Klopf, who focuses almost exclusively on renovating or rebuilding Eichler homes (like the one pictured here that he remodeled in Mountain View in 2017) said he’s seen a resurgance of homeowners seeking open floor plans, sleek lines and glass walls — all features popularized during the midcentury-modern building boom that started in the late 1940s. Photo by Veronica Weber.


Compass + Colleen = Values Aligned 01 / Dream big.

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Colleen at one of her exclusive listings in Menlo Park

Colleen Foraker Realtor 650.380.0085 colleen@colleenforaker.com DRE 01349099 Rankings provided courtesy of Real Trends, The Thousand list of individual agents by total sales volume in 2018. Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527235. __ aBsOoWB_ loOpObsOM VOoOWb Wp WbsObMOM Tdo WbTdoaBsWdbB_ ltoldpOp db_| BbM Wp KdalW_OM Toda pdtoKOp MOOaOM oO_WBJ_O Jts VBp bds JOOb yOoW OMà VBbUOp Wb loWKOÛ KdbMWsWdbÛ pB_O do zWsVMoBzB_ aB| JO aBMO zWsVdts bdsWKOà !d psBsOaObs Wp aBMO Bp sd accuracy of any description. All measurements and square footage are approximate.

The Almanac | Palo Alto Weekly • Page 15


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Page 16 • The Almanac | Palo Alto Weekly

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2019 | SPRING REAL ESTATE

Neighborhood Snapshot

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by Melissa McKenzie

hen Palo Alto resident Tracey Krakowski and her husband purchased their Monroe Park home from a friend who had been using it as a rental property 20 years ago, the couple couldn’t believe that they had found such a quiet retreat tucked away from the hustle and bustle of nearby shopping centers just across the border in neighboring Mountain View. They fell in love with the neighborhood’s redwood-tree-lined streets, taking evening strolls around Monroe Drive’s loop and the convenience of walking to The Village at San Antonio for grocery shopping or quick errands. The neighborhood also was close to their work and within the Los Altos School District — it seemed to have it all. “It’s a charming neighborhood with beautiful trees and a small park,” said Krakowski, who along with her husband, bicycles with their daughter to her elementary school each morning. While the neighborhood has remained relatively unchanged over the past two decades, the commerical areas surrounding it have not. Just about a mile away, the 56-acre San Antonio Shopping Center has been transformed into two shopping districts with more than 300 apartments, dozens of restaurants, a movie theater and other commercial space. More development at the sites is in the works. The changing landscape has become concerning for many neighbors, Krakowski said. “As more retail and dwellings are being built in the area, this has increased traffic in the area,” she said. “Also, more and more

people are using traffic apps, which routes traffic to cut through our neighborhood to avoid congestion between San Antonio and El Camino, and that adds a volume of traffic and fast drivers who are in a hurry to get to their destination.” Lindsey Schwartz, a relative newcomer to the neighborhood who moved into her home three months ago with her boyfriend and his three children to be closer to their jobs at Facebook and Apple, is also concerned about the high volume of speeding cars, which she considers the most worrisome neighborhood issue. “I would love to see the city take action to reduce speed limits, add a traffic circle or speed bumps,” Schwartz said. Like Krakowski, Schwartz said she was attracted to the neighborhood because it seemed to have everything she and her boyfriend wanted. “Monroe Park is a great place if you want the benefits of a quiet neighborhood, but the ability to walk to any shop or restaurant you could ask for,” Schwartz said. “We are within a 10-minute drive from downtown Los Altos, Palo Alto and Mountain View.” Monroe Park, for which the neighborhood is named, serves as the center of the neighborhood. It’s a place where families can meet up and kids can play on the small play structures and swings. Bounded by Adobe Creek, El Camino Real and Del Medio and Silva avenues, Monroe Park covers about 0.3 square miles of residential-only streets. Its approximately 1,631 residents are evenly split between renters and homeowners, according to data

Top: Linnea Wickstrom, president of the Monroe Park Neighborhood Association, stands at Monroe Park, for which the neighborhood is named. Photo by Veronica Weber. Above: The redeveloped 56-acre San Antonio Shopping Center, which is just about a mile away, features two shopping districts with dozens of restaurants, a movie theater and other commercial space. While residents say they enjoy walking to the nearby shopping district, some are concerned that the changing landscape is bringing too much cut-through traffic into their residential neighborhood. Photo by Magali Gauthier. collected from Nextdoor.com Krakowski said she likes that the neighborhood is attractive to both renters and owners. She said the neighbors are tightknit and often connect through Yahoo to organize block parties and other events. “There has always been a sense of community in the neighborhood,” she said. A large part of that was fostered by one particular longstanding neighbor, known as the “Mayor of Monroe,” who died in December. “Now, we have to remind ourselves to carve out time to get out into the neighborhood, participate in block parties and take evening strolls to continue to actively connect with our neighbors,” she added. While some of the quaintness of the neighborhood architecture is changing as the single-story ranches and bungalows are getting replaced with newer, larger and modern homes, Krakowski said she doesn’t consider the change a bad thing. “It makes the neighborhood a bit more eclectic,” she said. Q Melissa McKenzie is a freelance writer. She can be emailed at melissa.r.mckenzie@ gmail.com.

FACTS CHILDCARE AND PRESCHOOLS (NEARBY): Children’s Corner, 97 Hillview Ave., Los Altos; Gideon Hausner Jewish Day School, 450 San Antonio Road, Palo Alto; Preschool Family, 4120 Middlefield Road, Palo Alto; Tiny Tots Preschool, 647 N. San Antonio Road, Los Altos FIRE STATION: No. 5, 600 Arastradero Road, Palo Alto LIBRARY: Mitchell Park branch, 3700 Middlefield Road, Palo Alto LOCATION: bounded by Adobe Creek, El Camino Real and Mountain View border (near Silva Avenue) NEIGHBORHOOD ASSOCIATION: Monroe Park Neighborhood Association, Linnea Wickstrom, president, ljwickstrom@comcast.net PARKS: Monroe Park, Monroe Drive and Miller Avenue; Robles Park, on Park Boulevard, between Meadow Drive and Tennessee Lane POST OFFICE: 265 Cambridge Ave., Palo Alto PUBLIC SCHOOLS: Los Altos School District — Santa Rita Elementary School, Egan Junior High School; Mountain View-Los Altos Union High School District — Los Altos High School; Santa Clara County Office of Education — Bullis Charter School (K-8) SHOPPING: San Antonio Shopping Center and The Village at San Antonio Center, both in Mountain View; California Avenue, Palo Alto

The Almanac | Palo Alto Weekly • Page 17


Compass Welcomes Carolyn Aarts Keddington A Local with Deep Roots in Real Estate Compass is thrilled to welcome Carolyn Aarts Keddington to their brokerage, working with Colleen doB^Oo Wb dto Ob_d +Bo^ dT KOà Bod_|b KdaOp zWsV more than a decade of personal experience selling real estate, expanding on her deep family roots in the business. She maintains close ties to the Palo Alto community where she grew up watching her father do business — a well respected broker in Palo Alto for thirty years. Building and connecting to community have always been important to Carolyn — in Palo Alto, in Newport Beach where she started selling real estate in 2005, and in Los Altos Hills where she lives now. /VO VBp Bb WbsObpO MOpWoO sd VO_l VOo K_WObsp bM what they are looking for, providing them with a smooth, comfortable experience as they connect to communities that may be new to them.

Carolyn and her father, Jan at the Gamble Garden in Palo Alto

Carolyn Aarts Keddington 650.946.8122 carolyn.keddington@compass.com DRE 01490400 Rankings provided courtesy of Real Trends, The Thousand list of individual agents by total sales volume in 2018. Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. WKObpO !taJOo à __ aBsOoWB_ loOpObsOM VOoOWb Wp WbsObMOM Tdo WbTdoaBsWdbB_ ltoldpOp db_| BbM Wp KdalW_OM Toda pdtoKOp MOOaOM oO_WBJ_O Jts VBp bds JOOb yOoW OMà VBbUOp Wb loWKOÛ KdbMWsWdbÛ pB_O do zWsVMoBzB_ aB| JO made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.

Page 18 • The Almanac | Palo Alto Weekly


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Terry Hundemer, Broker CalBRE#01100594 The Almanac | Palo Alto Weekly • Page 19 ranches@chickeringco.com (530) 265-5774


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Page 20 • The Almanac | Palo Alto Weekly


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ATHERTON ĂŚ ğà š› BKoO Kt_øMOøpBK _dKBsWdb ĂŚ ˜ JOMĂ› dT KOĂ› Â˜Ă Â˜ JBsVp Upper rec room (or possible 6th bedroom) / Wine cellar {KO__Obs Ob_d +Bo^ pKVdd_p ĂŚ 1odell.com

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dalBpp Wp B oOB_ OpsBsO Jod^Oo _WKObpOM J| sVO /sBsO dT B_WTdobWB BbM BJWMOp J| ntB_ dtpWbU #lldostbWs| _BzpĂ WKObpO !taJOo Â“Â”Â˜Â•ÂšÂ•Â–Â˜Ă __ aBsOoWB_ loOpObsOM VOoOWb Wp WbsObMOM Tdo WbTdoaBsWdbB_ ltoldpOp db_| BbM Wp KdalW_OM Toda pdtoKOp MOOaOM oO_WBJ_O Jts VBp bds JOOb yOoW OMĂ VBbUOp Wb loWKOĂ› KdbMWsWdbĂ› pB_O do zWsVMoBzB_ aB| JO aBMO zWsVdts bdsWKOĂ !d psBsOaObs Wp aBMO Bp sd BKKtoBK| dT Bb| MOpKoWlsWdbĂ __ aOBptoOaObsp BbM pntBoO TddsBUOp BoO Bllod{WaBsOĂ

The Almanac | Palo Alto Weekly • Page 21


2019 | SPRING REAL Trends ESTATE Seasonal

Homes priced between $1.6 million and $3 million will be the hottest part of the spring market, but there will still be some activity for big properties in places like Los Altos Hills, Portola Valley and Woodside among upper-echelon executives purchasing investment homes. Photo courtesy of David Troyer.

by David Goll

A

Page 22 • The Almanac | Palo Alto Weekly

(continued on page 25)

Laurel Robinson and Leannah Hunt, Realtors at Sereno Group in Palo Alto, anticipate a more stable real estate market this spring and don’t foresee a recession on the horizon.

Veronica Weber

fter a quiet last quarter for the president of the Silicon Valley Associaresidential real estate market tion of Realtors and current member of the in 2018, Midpeninsula Real- board of directors of both SILVAR and the tors have expressed confi- National Board of Realtors. “It’s a healthy dence that the market should economy and we don’t foresee a recession on the horizon this year. There are a lot regain its robustness this spring. They also caution, however, not to ex- of homeowners who’ve been holding onto pect the “Wild West” market conditions their properties for a long time deciding to put their homes on of three or four years the market this year. ago, which was marked Some are moving out by steep increases in of state, some moving ‘There are a lot prices and dozens of closer to their grandbuyers jockeying to of homeowners children and others are outdo each other with just tired of the traffic ever-higher offers for who’ve been in this area.” a single property. With With slightly higher such an expensive holding onto their but still favorable inhousing market, the terest rates, and a bit spring season should properties for a more inventory in what resemble something a bit closer to “normal,” long time deciding is typically a market short on supply, the they said. to put their homes area should see a “balLeannah Hunt, Realanced” market for the tor in the Palo Alto ofon the market this spring, according to fice of Sereno Group, Denise Welsh, Broker said prices should apyear.’ Associate in the Los preciate in the middle Altos office of Alain single digits after drop— Leannah Hunt, Pinel Realtors. ping at the end of last Realtor at Sereno Group “We see a lot of posiyear. tive signs of a more “I’m not entirely sure what will happen this year but we are balanced market, with buyers more disperhaps looking at a 5% uptick in prices, criminating and sellers aware that most which means it will be back to a more people are interested in turnkey propernormal market,” said Hunt, also a former ties,” Welsh said. “They’re not quite as

Veronica Weber

Inventory spike expected to rebalance housing market

much into buying anything and tearing it down. A lot of today’s buyers want to buy a place, move in and plug in.” Buyers are gaining more control in the current market, according to Laurel Robinson, Realtor in the Palo Alto office of Sereno Group, and Hunt’s daughter and business partner. “It’s definitely a more stable market — price wise — this spring, as some of the uncertainty of last fall has subsided,” Robinson said. “Interest rates have adjusted, the stock market is in better shape and things are more stable politically.” She also projects more inventory, which means houses will stay on the market longer. For sellers, that means presentation of their property and attractive pricing is all the more important this spring, Robinson said. There are other wildcards that also will

Three- to four-bedroom homes in more established communities with good school disricts like Palo Alto and Menlo Park will be the hottest properties on the market this spring for those tired of commuting to work from San Francisco. Inventory is expected to rise as more longtime owners opt to sell and move out of the area.


The Almanac | Palo Alto Weekly • Page 23


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Page 24 • The Almanac | Palo Alto Weekly

Square footage, acreage, and other information herein, has been received from one or more of a variety of different sources. Such information has not been verified by Alain Pinel Realtors®. If important to buyers, buyers should conduct their own investigation.


2019 | SPRING REAL ESTATE

‘We see a lot of positive signs of a more balanced market, with buyers more discriminating and sellers aware that most people are interested in turnkey properties.’ — Denise Welsh, broker associate at Alain Pinel Realtors Photo courtesy of Denise Welsh

Denise Welsh, broker associate for Alain Pinel in Los Altos, said favorable interest rates and a bit more inventory should bring a more balanced market this spring.

Seasonal trends (continued from page 22)

affect sales this spring, she said: The cold, wet winter, which delayed the start of the spring selling season by making exterior painting and clean up more difficult; and potential upcoming corporate initial public offerings, or IPOs, that could unleash a flood of sudden wealth into the local housing market. And, as reflected in national statistics, Robinson said the Midpeninsula has

become a magnet for millennial buyers. “We see a lot of young buyers today, particularly in places like Palo Alto,’’ she said. ‘’People who are tired of making the commute to Silicon Valley from San Francisco. Some of them have young children, so good schools have become a big priority.” The hottest properties among this demographic group will be homes with three or four bedrooms priced at under $3.5 million in more established communities like Palo Alto and Menlo Park, Robinson said. Newer units in that size range in cities like

Weekly file photo

Many buyers are willing to compromise size for location, making smaller homes and condos near vibrant downtown areas or close proximity to one’s work hot properties this season in Palo Alto, Menlo Park, Mountain View, Los Altos and Redwood City.

January - December 2018 Single-Family Home Sales

Redwood City and Mountain View could be available for less than $3 million, she added. “But a lot of these families want the schools in Palo Alto, Menlo Park and Los Altos, so sometimes they have to accept a smaller house than they really want,” Robinson said. “They also want to be near vibrant downtown areas, shopping and in close proximity to work. If we have a slew of IPOs, the housing demand from millennials will be even stronger.” New limits on tax deductions stemming from changes in the tax code made last year by the Republican-controlled Congress, however, could put the brakes on a more robust spring market. The deduction is capped this year at $10,000. “It’s possible it, and other factors, could hold some people back, but I don’t expect it to be a seismic jolt this spring,” Welsh said. She has seen some of the same trends as Hunt, including a fair number of older Midpeninsula homeowners finally taking the plunge of selling their homes as they seek more comfortable, affordable retirement living in less-expensive parts of California or outside the state. As in past years, the lower-end of the price scale on the Midpeninsula — which could buy a veritable mansion in many other parts of the country — will “fly off the shelves” this spring, according to Welsh. That would be under $2 million in Mountain View and $2.5 million in Los Altos, she said. Hunt agreed. “The $1.6 million to $3 million price range will continue to be the hottest part of the market,” Hunt said. “But, you still do have the upper-echelon executives who can afford $4 million and up and are being urged by their investment advisors to buy big properties in Los Altos Hills, Portola Valley and Woodside.” If changing personal circumstances are persuading many local homeowners to put their houses on the market this spring, it’s often the region’s highest rents in the country that will motivate people to buy in 2019, Hunt said. The average apartment rent in Palo Alto in March was $3,163, up 4% compared to a year earlier, according to internet listing service RentCafe. “Rents are so high here,” she said. “So, some renters just decide to take the plunge and buy.” Q David Goll is a freelance writer. He can be emailed at David.w.goll@gmail. com.

January - December 2018 Condominiums/Townhomes

Number of Sales

Median Sales Price

Median Days on Market

Palo Alto

347

$3,200,000

10

Los Altos

274

$3,400,000

Los Altos Hills

68

Mountain View

Number of Sales

Median Sales Price

Median Days on Market

Palo Alto

89

$1,702,000

10

9

Los Altos

38

$1,807,500

9

$4,850,000

20

Los Altos Hills

232

$2,320,500

9

Mountain View

283

$1,335,000

9

Atherton

67

$6,650,000

25

Atherton

1

$1,300,000

45

East Palo Alto

119

$980,000

11

East Palo Alto

15

$750,000

8

Menlo Park

292

$2,600,000

12

Menlo Park

81

$1,550,000

13

Portola Valley

61

$3,330,000

11

Portola Valley

Redwood City

516

$1,697,500

11

Redwood City

106

$1,070,500

11

Woodside

64

$3,262,500

37

Woodside

1

$1,080,000

28

Information provided by the Silicon Valley Association of Realtors from MLS Listings, Inc. Note: Rural areas do not have significant townhome sales. The Almanac | Palo Alto Weekly • Page 25


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Learn more at: www.serenogroup.com

RYAN IWANAGA Exec VP &Co-Founder (408) 335-1437 DRE # 01227143

OWEN HALLIDAY Sales Manager, Los Altos (650) 492-0062 DRE # 01453658

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Page 26 • The Almanac | Palo Alto Weekly

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The Almanac | Palo Alto Weekly • Page 27


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Page 28 • The Almanac | Palo Alto Weekly

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2019 | SPRING REAL ESTATE

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The Almanac | Palo Alto Weekly • Page 29


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Page 30 • The Almanac | Palo Alto Weekly


HOME is at the heart of everything we do.

WWW.SERENOGROUP.COM | PALO ALTO // LOS ALTOS // LOS GATOS // SARATOGA // WILLOW GLEN // SANTA CRUZ // APTOS The Almanac | Palo Alto Weekly • Page 31


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www.LeannahandLaurel.com This information was supplied by third party sources. Sales Associate believes this information is correct but has QRW YHULÜHG WKLV LQIRUPDWLRQ DQG DVVXPHV QR OHJDO UHVSRQVLELOLW\ IRU LWV DFFXUDF\ %X\HU VKRXOG YHULI\ DFFXUDF\ DQG LQYHVWLJDWH WR %X\HUoV RZQ VDWLVIDFWLRQ

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2019 | SPRING REAL ESTATE

Browsing by Budget ith the median price of a home in Palo Alto at $3.2 million, stretching dollars for location or land is W becoming more important. If you’re patient, you can

by Elizabeth Lorenz

find value either in where a home is and its relationship to schools and shops, or the size of land and the opportunity that it can bring to build on. Mountain View offers slightly lower prices, with proximity to its vibrant downtown. Los Altos Hills and Woodside have opportunities in the $4 million range to live farther from city

Under $1 million

centers on a bit more land. Menlo Park, Los Altos and Palo Alto cost closer to at least $3 million but have their intrinsic attractions. Atherton’s price is higher, for those who want more acreage (1-acre minimum) and more privacy. East Palo Alto is an up-and-coming market where the median price will soon be more than $1 million. These days, amenities abound at all price points, with chef’s kitchens in condos attracting buyers as well as guest houses and gyms on larger estates.

Under $4 Million

UNDER $1 MILLION EAST PALO ALTO Address: 923 Alberni St. List price: $980,000 Bathrooms: 1 Interior: 1,030 sf Lot size: 7,257 sf

Courtesy of Carol Li

Courtesy of Mona McCrae

Bedrooms: 3

Year built: 1950

Mountain View

Los Altos Hills

Description: This home has an updated kitchen, a built-in barbecue in a quiet backyard that has a lot of room for entertaining.

Address: 278 Monroe Drive, Apt. #5 List price: $875,000 Bedrooms: 2 Bathrooms: 1 Interior: 939 sf Lot size: Not applicable Year built: 1962 Description: Well-maintained townhome in the private Adobe Creek complex on the Palo Alto border. Recently updated kitchen with stainless steel appliances, hardwood floors throughout, and newly remodeled bathroom. Spacious and inviting living room, private patio off the dining area, and a balcony off both upstairs bedrooms.

Address: 3849 Page Mill Road List price: $3,388,000 Bedrooms: 4 Bathrooms: 4 full, 1 half Interior: 5,008 sf Lot size: 10 acres Year built: 2006 Description: This secluded property has a wraparound Craftsman-style facade that embraces its open-space setting. Views of the bay and mountains from every window. This three-story home has an office, library, sewing room, recreation room, lots of storage, 3-car garage, and array of high-tech amenities.

UNDER $4 MILLION PORTOLA VALLEY Address: 11 Sandstone St. List price: $3,298,000 Bedrooms: 3 Bathrooms: 3 full, 1 half Interior: 3,020 sf Lot size: .46 acre Year built: 1985

Courtesy of Laurel Robinson

Courtesy of Joe Schembri

Description: This home is located on a quiet cul-de-sac in the Portola Valley Ranch community. Surrounded by hundreds of acres of open space, this home offers a spectacular combination of livability and nature.

East Palo Alto

Menlo Park

Address: 2266 Addison Ave. List price: $899,950 Bedrooms: 2 Bathrooms: 1 Interior: 900 sf Lot size: 4,199 sf Year built: 1938 Description: This home’s open floor plan offers a large family room/kitchen, including a dining area. The updated kitchen has a glass-tile backsplash, wood cabinetry, a window over the stainless steel sink and all new stainless steel appliances. There is also a large attic, perfect for a hobby room.

Address: 1065 Deanna Drive List price: $3,500,000 Bedrooms: 4 Bathrooms: 2 full, 1 half Interior: 2,340 sf Lot size: 10,049 sf Year built: 1974 Description: The flexible floor plan includes an updated kitchen with breakfast area, granite countertops and a custom backsplash. The master bedroom has vaulted ceilings and a private patio with mountain views. Three other bedrooms include lower-level quarters with private entrance and half bath. The Almanac | Palo Alto Weekly • Page 33


2019 | SPRING REAL ESTATE

Browsing by Budget Under $5 Million

Under $8 Million

UNDER $5 MILLION PORTOLA VALLEY Address: 100 Alamos Road List price: $4,900,000 Bathrooms: 2 Interior: 3,600 sf Lot size: 2.5 acres Year built: 1953 Description Opportunity to build on 2.5-acre site in Westridge community, with views toward Felt Lake and the western hills. Main house, plus one-bedroom guest house, carport and two-stall horse barn. Pool is empty. Sport court has cracks and failing fence. Availability to connect to the sewer.

UNDER $10 MILLION WOODSIDE

Courtesy of Melanie Yu

Courtesy of Bill Gorman

Bedrooms: 3

Los Altos Hills

Palo Alto

Address: 25840 Vinedo Lane List price: $4,999,998 Bedrooms: 5 Bathrooms: 4 full, 1 half Interior: 4,840 sf Lot size: 1.13 acres Year built: 1979 Description: This home features an open floor plan with a luxurious master suite, gourmet kitchen and great room with dramatic ceilings and spectacular views. There’s a separate guest area with full kitchen, bath, dining area and family room, as well as a sport court.

Address: 2281 Byron St. List price: $7,998,000 Bedrooms: 5 Bathrooms: 5 full, 1 half Interior: 5,665 sf Lot size: 11,570 sf Year built: 2009 Description: This home is made for grandscale entertaining. The floorplan includes formal gathering rooms, a chef’s kitchen, a master suite and a dedicated office on the main floor. The second floor features a private bedroom suite with a balcony, and an oversized game room, entertainment center and home gym are on the lower level. Outside, the stone patio and fireplace set the stage for all-season alfresco entertaining.

Address: 1 Bridle Lane List price: $9,850,000 Bedrooms: 6 Bathrooms: 5 full, 1 half Interior: 8,240 sf Lot size: 3.64 acres Year built: 1988

Courtesy of Stephanie Nash

Page 34 • The Almanac | Palo Alto Weekly

Courtesy of Caitlin Darke

Description: A private oasis in central Woodside with gated cobblestone driveway and motor court. Classic elegance inside and out. The magnitude of the two-story home accommodates any lifestyle need with main- and upper-level master suites, plus four bedrooms and two shared baths. Executive office with bath, gym and recreation area. Grounds include pool, spa, tennis court, terrace, sweeping lawn, playhouse and large vegetable gardens.

Menlo Park

Atherton

Address: 1141 Cotton St. List price: $4,995,000 Bedrooms: 4 Bathrooms: 3 full, 1 half Interior: 3,150 sf Lot size: 10,079 sf Year built: 1951 Description: Remodeled home with handhewn hardwood floors, high ceilings in every room, detailed crown molding and wainscoting with optimal lighting everywhere. Designer bar and wine cellar for more than 300 bottles. Formal living and dining room, plus all-white gourmet chef’s kitchen. One level with gorgeous master suite, additional suite, plus two additional bedrooms. Almost one-quarter acre with front patio, rose gardens and private backyard.

Address: 1 Heritage Court List price: $5,570,000 Bedrooms: 5 Bathrooms: 5 full, 2 half Interior: 4,293 sf Lot size: 0.49 acre Year built: 1912 Description: This Mediterranean-style home features a gated entrance opening to a circular driveway with beautiful brick work. Extensively remodeled, the kitchen has limestone and custom cabinetry, large baseboards and ornate tile. Separate area for guests or family. Finished basement could make a theater or a game room. The backyard features a pool with built-in hot tub and free-standing sauna.


LET THE MILLER TEAM HELP YOU! Artist’s Rendering

Artist’s Rendering

FOR SALE

FOR SALE

CENTRAL WOODSIDE LOT WITH PLANS Offered at $7,795,000 | 308OliveHillLane.com

WOODSIDE GLENS LOT WITH PLANS Offered at $1,695,000 | 327HillsideDrive.com

Artist’s rendering

PENDING SALE

SOLD

CENTRAL PORTOLA VALLEY ESTATE Price upon request | 158PinonDr.com

PORTOLA VALLEY RANCH HOME Offered at $3,595,000 | 30QuailCourt.com

For a private showing of these homes, or for more information, please contact us at any time.

HELEN & BRAD MILLER Among Top Teams in SF Bay Area (per The Wall Street Journal rankings)

HELEN MILLER 650.400.3426 | helenhuntermiller@gmail.com | BRAD MILLER 650.400.1317 | bradm@apr.com | www.HelenAndBradHomes.com

License # 01142061 License # 00917768

Square footage, acreage, and other information herein, has been received from one or more of a variety of different sources. Such information has not been verified by Alain Pinel Realtors®. If important to buyers, buyers should conduct their own investigation.

The Almanac | Palo Alto Weekly • Page 35


2019 | SPRING REAL ESTATE

Rent Watch 2019 Rental Trends

P

alo Alto’s median rent has increased every month since the start of 2019, but it’s not the most expensive market in the region, according to a new report released this month by Apartment List, which evaluates and compares trends in rental markets throughout the nation on a month-by-month basis. The median rent for a twobedroom apartment in Palo Alto

was listed at $3,130 in March, or $2,190 less than Santa Clara County’s priciest city, Cupertino, whose median rent was $5,320. Palo Alto’s median rent has increased about 2.1% for a twobedroom apartment since the same time last year, but the jump is among the lowest out of Santa Clara County’s 10 cities, which all showed rent increases over the past year. Santa Clara

City

Median 1BR price

Median 2BR price

M/M price change

Y/Y price change

San Jose

$2,100

$2,630

0.3%

2.5%

Sunnyvale

$2,320

$2,910

0.2%

2.6%

Santa Clara

$2,230

$2,790

0.3%

3.7%

Mountain View

$2,140

$2,680

-0.3%

3.5%

Milpitas

$2,320

$2,910

-0.9%

1.5%

Palo Alto

$2,490

$3,130

0.6%

2.1%

Cupertino

$4,240

$5,320

1.1%

3.6%

Gilroy

$1,880

$2,360

0.4%

0.8%

Campbell

$1,920

$2,410

0.1%

1.1%

Los Gatos

$2,040

$2,560

0.4%

3.4%

This rental trend report by Apartment List evaluates March rental rates in Santa Clara County’s 10 cities, including changes in median prices compared to last month and the same time last year. Courtesy of Apartment List. showed the highest increases with a 3.7% jump followed by Cupertino (3.6%) and Mountain View (3.5%), according to the report. Milpitas (1.5%), Campbell (1.1%) and Gilroy (0.8%)

showed the lowest increases, just behind Palo Alto. The area’s year-over-year rent growth leads the state average of 1.1%, as well as the national average of 1.3%.

Compared to most large cities across the country, Palo Alto remains less affordable for renters with rents $1,960 higher than the national average of $1,170. Q

Market Watch

I

Veronica Weber

t’s been six years since the 97-year-old iconic Roger Reynolds Nursery & Carriage Stop closed its doors in Menlo Park. During that time, the property has been transformed into a luxury residential development with units now on the market.

Name of Project: Marquis by Pulte Homes Address: 133 Encinal Ave., Menlo Park Project description: Twenty-four townhomes and associated grounds have replaced Roger Reynolds Nursery. In earlier iterations of the designs for the condo complex, the developer had considered using the nursery’s historic carriage house as an “amenities” building for the residents. However, the Menlo Park Planning Commission decided to eliminate the carriage house so that the homes could be reconfigured and the height of the buildings closest to Stone Pine Lane lowered. There had been numerous complaints by residents on that street that the new condos would be too tall and would invade their privacy. This project consists of 24 residential condominium units and common areas on a 1.74-acre site. Veronica Weber

Page 36 • The Almanac | Palo Alto Weekly

Developer: Pulte Homes Cost: Not available.


Visit the website of these fine residences.

Erika’s Proven Track Record Over

FOR SALE

$1 Billion Sold #1 Agent

$3,595,000 | 183VistaVerde.com

Coldwell Banker Woodside Office FOR SALE

Top 1% Coldwell Banker Nationwide

$5,495,000 | 214RaymundoDrive.com

Representing Sellers & Buyers of Exceptional Properties in

FOR SALE

Woodside | Atherton | Portola Valley Menlo Park | Emerald Hills | Surrounding areas

$3,495,000 | SeedsOnSkyline.com

We highly recommend Erika for

FOR SALE

local real estate transactions. She has a long and deep knowledge of the area and is closely tied to the community. Her understanding of a client’s needs and best course of action is top-notch! – H. & A. G.

$5,995,000 | 305Jane.com

Boutique Customized Service with Strong Local and Global Presence

650.740.2970 CalRE#01230766

R E A L E S TAT E S E R V I C E S

edemma@cbnorcal.com erikademma.com

RESIDENTIAL BROKERAGE

The Almanac | Palo Alto Weekly • Page 37


GOING ABOVE AND BEYOND EIGHT DAYS A WEEK

.Bb^WbUp lodyWMOM KdtosOp| dT .OB_ 2oObMpÛ 2VO 2VdtpBbM _Wps dT WbMWyWMtB_ BUObsp J| sdsB_ pB_Op yd_taO Wb à dalBpp Wp B oOB_ OpsBsO Jod^Oo _WKObpOM J| sVO /sBsO dT B_WTdobWB BbM BJWMOp J| ntB_ dtpWbU #lldostbWs| _Bzpà WKObpO !taJOo à __ aBsOoWB_ loOpObsOM VOoOWb Wp WbsObMOM Tdo WbTdoaBsWdbB_ ltoldpOp db_| BbM Wp KdalW_OM Toda pdtoKOp MOOaOM oO_WBJ_O Jts VBp bds JOOb yOoW OMà VBbUOp Wb loWKOÛ KdbMWsWdbÛ pB_O do zWsVMoBzB_ aB| JO aBMO zWsVdts bdsWKOà !d psBsOaObs Wp aBMO Bp sd BKKtoBK| dT Bb| MOpKoWlsWdbà __ aOBptoOaObsp BbM pntBoO TddsBUO BoO Bllod{WaBsOà

Page 38 • The Almanac | Palo Alto Weekly


EXCEPTIONAL RESULTS AND HAPPY CLIENTS

A Fresh Approach Relentless energy. Relevant expertise. And results above and beyond expectations — every time. Judy has built B oOltsBsWdb Bp B OoKOÛ VBbMpødb BMydKBsO Tdo VOo clients. Her data driven analytics combined with her sVdtUVsTt_ BllodBKV BbM MOOl ^bdz_OMUO pOs VOo BlBos Wb sVO WbMtpso|à /VOĆp KdbpWpsObs_| bBaOM Bp dbO dT sVO Wall Street Journal’s top agents nationwide.

#20

#1

AGENT NATIONWIDE

INDIVIDUAL COMPASS

Wall Street JournalÛ

AGENT, 2018

Judy Citron 650.400.8424 judy@judycitron.com judycitron.com DRE 01825569

The Almanac | Palo Alto Weekly • Page 39


FOR SALE

FOR SALE

FOR SALE

98 Monte Vista Avenue, Atherton

Timeless home in desirable Lindenwood; 4 bedrooms, 3 baths; extra-large rear yard with pool; approx. 0.92-acre lot

Close to Menlo Circus club, remodel or build new; 3-bedroom, 2-bath main home; 2-bedroom, 1-bath guest house; approx. 1.13 acres

PRICE UPON REQUEST

OFFERED AT $4,895,000

OFFERED AT $8,250,000

PE N D I N G

FOR SALE

3 Irving Avenue, Atherton

Classic manor in central Atherton; 4 bedrooms, 3.5 baths, approx. 3,870 sq. ft.; beautiful gated grounds; approx. 1.54 acres

FOR SALE

38 Tuscaloosa Avenue, Atherton

1646 Stanford Avenue, Menlo Park

Desirable Suburban Park; freshly updated interiors; 3 bedrooms, 1 bath; private rear yard; top-rated Menlo Park schools

Premier street in West Menlo Park; 5 bedrooms, 3.5 baths, approx. 3,395 sq. ft.; extra-large rear yard; approx. 0.25-acre lot

Custom home built by Laurel Homes; loWaO _dKBsWdbå JOModdapÛ dT KOÛ à JBsVpå 3 levels; private rear yard, built-in barbecue

OFFERED AT $1,798,000

OFFERED AT $4,895,000

OFFERED AT $4,995,000

SOLD

SOLD

900 Hobart Street, Menlo Park

PE N D I N G

224 Hedge Road, Menlo Park

398 Selby Lane, Atherton

220 Crest Road, Woodside

1866 San Carlos Avenue, San Carlos

Excellent opportunity to build; sought-after central sVOosdbå yBKBbsÛ KdobOo _dsÛ Bs sdldUoBlV|å approx. 1.0 acre; architectural plans available

Stunning bay views; 4 bedrooms, 3.5 baths; resort-like grounds, 1 + acres, pool, spa, barbecue center

!Oz Kdal_OsO oObdyBsWdbå JOModdapÛ dT KOÛ 2 baths; brilliant interior design; extra-deep rear yard; blocks to downtown San Carlos

OFFERED AT $8,950,000

OFFERED AT $3,950,000

OFFERED AT $1,950,000

For more information, please contact us.

Tom LeMieux, MBA

Jennifer Bitter, MBA

650.465.7459 tom@lemieuxRE.com

650.308.4401 jennifer@lemieuxRE.com

License #01066910

License #01847627

Page 40 • The Almanac | Palo Alto Weekly

A Wall Street Journal Top Producing Real Estate Team 2018 Over $2.5 billion in sales since 1998 l lemieuxRE.com

@lemieuxRE

Information is deemed to be reliable, but is not guaranteed.


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