Featured home: 74 Barry Lane in Atherton

Fine private estate with a multitude of amenities

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Where: 74 Barry Lane, Atherton, CA 94027 (Listing | Tour)

Located in West Atherton’s exclusive Barry Lane cul-de-sac, this stunning home is a mere stroll away from top-rated Las Lomitas schools and downtown Menlo Park. The estate was meticulously designed by world-renowned architect Andrew Skurman on roughly 1 acre of land that provides the utmost privacy. With a countless number of luxury amenities, this home meets all your entertaining needs. A pool, spa, three-hole chipping and putting green, sports court, and movie room will create endless delight for your family and friends.

Impeccable landscaping and a must-see pavilion create a beautiful setting in this San Mateo County gem. With tremendous attention to detail and its prime location, this home lends itself to both formal and everyday living.

With more than 6,500 square feet, the home and property includes:

  • 5 beds
  • 7 baths
  • Vaulted ceilings
  • Hardwood floors
  • Pool and spa
  • Three-hole chipping and putting green
  • Sports court
  • Movie Room
  • Security gate and alarm system

Listed as $12,945,000 by Joseph Bentley of the Menlo Park office

 

 

74 Barry Lane in Atherton

Discover one of the Bay Area’s finest private estates

Barry Lane EstateWhere: 74 Barry Lane, Atherton (listing | tour)

This stunning home, designed by world-renowned architect Andrew Skurman, includes meticulous architectural details and attention to design which lend this home to both and everyday living. With six bedrooms and three full and three half bathrooms, this home combines grace and elegance with countless luxurious amenities for your entertaining needs. A pool, spa, three-hole chipping and putting green, sports court, movie room, and a must-see, gorgeous pavilion create the perfect setting for your family home. Very private and situated on 1.01 acres in West Atherton’s exclusive Barry Lane cul-de-sac, this impeccably landscaped home is a pleasant stroll from top-rated Los Lomitas schools and downtown Menlo Park.

Offered at $13,995,000 by Joe Bentley of Alain Pinel Realtors – Menlo Park.

View more homes for sale in Atherton | Visit our San Mateo County community page

Featured Home: 740 Windsor Drive in Menlo Park

MODERN MENLO PARK NEW CONSTRUCTION

Where: 740 Windsor Drive in Menlo Park (listing | virtual tour)

This stunning new construction encompassing three levels of absolute luxury in Menlo Park has 6 bedroom, 5+ bathroom (4 ensuites). The spacious recreation room, customized wine cellar, fabulous kitchen and family room contribute to its high-end and modern feel. Outside is beautifully landscaped. Located just about a half mile from downtown Menlo Park shopping and dining, it is also close to Stanford.

740 Windsor Drive is listed by Ali Faghiri of Alain Pinel Realtors Menlo Park.

Offered at: $5,495,000

See more homes for sale in Menlo Park. | Visit our Peninsula community page.

WSJ/REALTrends: APR Agents Among Top in Nation

The Wall Street Journal and REAL Trends, Inc. announced the 2013 rankings of the top real estate professionals in the entire country based on 2012 sales volume. 14 Alain Pinel Realtors (APR) sales professionals were included in these prestigious rankings, with 6 individuals and 4 teams listed as the top producing agents in the country, giving APR the strongest presence of any independent real estate firm in California, based on sales volume.

Topping the list for Top Teams by Sales Volume are APR’s Mary & Brent Gullixson from the APR Menlo Park office, ranked #4 with a sales volume of over $265 million. For the past three years, Mary has been ranked in the top five in the nation on the Top Agents by Sales Volume list.

The Top Agents by Sales Volume list includes:

The Top Teams by Sales Volume list are:

The Wall Street Journal Top 1000 designees are recognized as the top one half of one percent of nearly one million licensed REALTORS® nationwide. The list includes the top 250 agents or teams in four different categories, including top individuals ranked by closed transaction sides; top individuals ranked by closed sales volume; top teams ranked by closed transaction sides; and top teams ranked by closed sales volume. All results from the study are based on calendar year 2012.

Visit http://www.realtrends.com/products/rt1000 to view the full lists.

See Special Message from APR President and CEO Paul Hulme–>

What Is My House Worth? Determining Value in Any Market

Author: Mary GebhardtVice President and Manager of Alain Pinel Realtors Menlo Park and Woodside offices

There is an old cartoon of three people looking at the same house:

  1. The seller sees a castle
  2. The buyer sees a modest house.
  3. The lender sees a shack

This old cartoon is not unfamiliar for real estate professionals – as we regularly deal with people who have different views of homes. However; while we may see each home differently, one thing we agree about is that money and value matters.

So – what is your house worth? In simplest terms, a home is worth what you paid for it, the appreciation of your house over the years owned, plus any capital improvements. While it may be tempting to believe our home has appreciated faster than our neighbors’ – it is unlikely. Using a chart like the one below at the zip code level, we can get a pretty good idea of appreciation.

You then add in the capital improvements you did to the house over the period you owned it. Generally, capital improvements do not appreciate as much as your real estate. It is also important not to include the things you will be taking with you – so that antique armoire you bought or the custom rugs do not count.

If a seller does this exercise he or she will have a good idea of the fair market value of the house. That should be the price the home is listed at, but this is not always what happens.

In addition to the exercise above, it is important to have an agent do a comparative market analysis of the home and research the sold homes in the vicinity. It is the SOLD homes, not the listed ones, which are important here. The active market usually has a number of listed homes with inflated prices that will just sit on the market and not sell – including them will inaccurately skew your findings. So, just because your neighbors listed their house at a higher-than-expected price, does not necessarily mean your value has gone up. Of course, it is also important to adjust comparative properties for any major circumstances that add unusual value above or below yours – such as an A+ location, different schools, the condition and overall appeal, etc.

After a comparative market analysis, you should have an even better idea of what price range your home falls in. As a seller, this may be exciting or disappointing. It is important to not let emotional barriers affect your pricing decisions. While agents hear “I need more than that” frequently, buyers do not care how much a seller needs – they care about value. But as selling a home is an emotional process, so is buying. Occasionally buyers have emotional connections to a home and are willing to pay more than it’s “value.”

While you can look through online tools and do your own research, ultimately it is important to find an agent that knows the marketplace and to listen to them. They have your best interest at heart and have a fiduciary duty to act in fairness. With proper pricing, outstanding marketing, and a technologically savvy agent – we will help you get you the best possible price.

And ultimately your home’s value is what it sells for – the price a willing buyer paid and what a willing seller accepts. Let’s figure it out together.

This article recently ran in the January 11th, 2013 Palo Alto Daily News publication Premier Homes.


About Author:

Mary Gebhardt joined the management team of Alain Pinel Realtors to open its Menlo Park office. She has since set about assembling the area’s most successful agents who thrive in this demanding marketplace which includes Atherton, Woodside, Portola Valley, and Menlo Park. She aspires to increasingly dominate this market by offering an unmatched level of service and understanding of her agents and clientele. For more information call Alain Pinel Realtors Menlo Park at 650-462-1111 or email at mgebhardt@apr.com.

 
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