Alain Pinel Magazine 1.3 by HomeFolio

APR

A L A I N P I N E L R E A LT O R S

VOLUME 1, ISSUE 3

FALL 2015 MID-PENINSULA EDITION

25 YEARS OF EXCELLENCE ALAIN PINEL REALTORS

1990 - 2015

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APR

A L A I N P I N E L R E A LT O R S

DEAR NEIGHBORS, Welcome to the fall issue of Alain Pinel Realtor’s Magazine for the Mid-Peninsula. We hope you enjoy the assortment of articles we have prepared for you. Some are educational, some thought provoking, and some may inspire ideas for enhancing one of your most valued possessions...your home. VOLUME 1, ISSUE 3

We are also pleased to present some of our fall offerings. Fall is a great time of year to consider a move, as summer vacations come to an end, children return to school and opportunities abound! The local markets continue to be very active, with many of our current listings receiving multiple offers. Thank you for your continued support in our 25th year of real estate service, and we look forward to serving you in the next 25 as well.

FALL 2015 MID-PENINSULA EDITION

TABLE OF CONTENTS APR: Celebrates 25 Years of Innovation �� 2 Transparency vs. Technology �� 4-5 Trends ��6-7 Millennial Revolution �� 8-9

We hope you enjoy this issue.

Luxury Garages �� 10-11

Bob, Mary and Bill

Lending Regulations ��12-13 Menlo Park Office Listings ��15-24

Palo Alto Office

Los Altos Office

Robert R. Gerlach

Bill Lewis

Vice President / Manager bgerlach@apr.com

Vice President / Manager blewis@apr.com

Palo Alto Office Listings ��24-34 Los Altos Office LIstings �� 35-45 North Peninsula Office Listings ��46-47

Menlo Park/Woodside Office

Mary Gebhardt

Private Mortgage Advisors ��48

Vice President / Manager mgebhard@apr.com

Published by HomeFolio Media & Impress Publishing www.HomeFolioMedia.com

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TRANSPARENCY vs. TECHNOLOGY Competitive Strategies for Multiple Offer Situations

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In today’s digital age, technology gives Realtors an array of options for expedited communication. With this cultural shift comes a rise in accepting offers via electronic submission. While faxing in or e-mailing buyers’ offers is undoubtedly time-efficient for the seller, efficiency shouldn’t be the primary concern when selling an asset as profitable as a home.

“I think some listing agents are going with electronic

ASSESSING ELECTRONIC SUBMISSIONS

submission, because it simplifies their lives, often at the

The

expense of doing the absolute best job for their clients,”

presentations can be more effective. Yet, with the

above-mentioned

reasons

hint

why

live

says Alain Pinel Realtor, John Barman. “Listening to and

growing wave of electronic submissions come certain

evaluating multiple offers takes a lot of time, but this

drawbacks. For starters, the seller and listing agent

personal touch often results in a better sale price and

voluntarily give up control of their own process.

contract terms that closely match our sellers’ needs.” Alain Pinel Realtor, John Steel, notes listing agents To help homeowners better understand their options, we’ll

tend to receive less feedback with e-mail and fax dates.

touch on the drawbacks of electronic offers and break

Consequently, the agent and the seller may remain in

down why in-person presentations benefit the seller’s

the dark in regards to how many offers they’ll receive,

bottom line and create necessary transparency.

forgoing the seller’s pace-setting advantage they’d otherwise have.

BENEFITS OF LIVE PRESENTATIONS Giving the buyer’s agent an opportunity to verbally walk

Additionally, the transparency created in face-to-face

through the contract serves multiple functions. First, it

communication is lost via fax or e-mail. These methods

creates transparency. While the purchase agreement

solely rely on the buyer’s financials versus the entire

may contain the raw terms of an offer, it doesn’t relay

package, which may include information regarding

the intangibles. By meeting face to face, the seller and

the client’s ability to close escrow. It may also create

the listing agent can easily assess the experience of the

an uneven playing field, where the listing agent may

buyer’s agent and the buyer’s level of commitment.

have the opportunity to double-end an offer. This alone creates an iron curtain for unethical agents to act

“An enthusiastic buyer is more likely to complete a

behind, begging the question if the seller will receive the

purchase, whereas a buyer with reservations is more

best possible price for the home.

likely to back out of the contract later, leaving the seller frustrated and possibly impacting the ultimate sale price

“Each offer that a buyer submits represents an emotional

of the home,” says Barman.

commitment. Every buyer wants to be treated fairly and know that his or her offer was given an equal

In hot markets like the Bay Area many buyers, especially

opportunity to be heard,” says Alain Pinel Realtor, Bea

those paying in cash, may not come in with their highest

Sines. “Conducting a live presentation helps promote an

offer as they anticipate a counter. In-person presentations

atmosphere of fair play.”

allow buyers’ agents to adjust their offer according to the number of bids, and communicate their buyer’s willingness

Ultimately, the decision depends upon the listing agent

to augment the offer. This can potentially enhance the sale

and how much time the seller wishes to participate in the

price for the seller.

process. In today’s competitive market, in-person offers not only give buyers’ agents the courtesy they deserve

“During a live offer presentation it is certainly not

to advocate for their client, but more importantly puts

uncommon to hear, ‘If there is anything in this offer that

the seller in an optimal position to receive peak offers.

is not to your liking, please let us know,’” says Barman. “Not only does this indicate a willingness to improve the

While electronic submissions can be used as part of the

price or terms of an offer, but it also indicates a strong

live presentation to expedite the process, it shouldn’t

likelihood that the buyer will ultimately close the deal. Such

serve as a total replacement.

a statement rarely appears in an electronically submitted offer.”

“We should not sacrifice transparency just for the sake of convenience,” says Sines.

Aside from these tangibles, in-person offers also conjure a natural, competitive energy. From seeing their competition

Before restricting offers to electronic submissions,

in the lobby to assessing body language and utilizing

discuss the above mentioned benefits and drawbacks

negotiation skills, live presentations create a professional,

with your local APR real estate associate.

spirited environment. This can also aid the seller in obtaining a higher sale price.

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TRENDS

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1. BATHROOMS: FREESTANDING TUBS While Jacuzzis evoke luxury, many homeowners opt for the elegant, sophisticated style of freestanding bathtubs. Aside from creating a retreat-like ambiance, they also serve as a focal point. Unattached from surrounded walls, freestanding tubs create room for easy bathroom updates, giving homeowners flexibility to change flooring and paint walls as they please.

2. BEDROOMS: MULTI-PURPOSE MASTER SUITES Today’s master bedroom has become more than just a place to rejuvenate, but a home within a home. These suites incorporate desks and lounge areas, allowing residents to unwind, or handle daily tasks without leaving the bedroom.

3. HOME AUTOMATION: APPLE’S HOMEKIT

7. INTERIOR DESIGN: CURVES

In June Apple unveiled HomeKit, a platform that enables

Homeowners interested in modernizing their bathrooms

Ecobee, iHome, Elgato, Insteon, and Lutron home automation

can incorporate clean curves and rounded edges. From

users to use their phone or tablet to control lights, locks,

freestanding bathtubs to round mirrors, sinks, and separating

thermostats, and smart plugs via Siri voice command. There’s

walls this classy interior style brings a sense of balance, making

word this is just the beginning of Apple’s introduction to the

small bathrooms feel organized and spacious.

smart home industry, so stay tuned for future updates.

4. FLOORING: PORCELAIN FLOORS

8. KITCHEN: PERSONALIZED APPLIANCES

Large format porcelain tile floors have made their way into

Homeowners eager to make their culinary space stand out can

luxury homes. This timeless style makes petite kitchens appear

utilize GE’s FirstBuild Studio. This line revamps dated kitchen

larger. They also come with fewer grout lines and offer easy

appliances with brightly colored, 3D-printed knobs, handles,

upkeep.

and grill plates.

5. HEALTH: PLANT AIR PURIFIERS

9. BACKYARDS: NOVELTY LIGHTING

Wellness systems like Plant Air Purifier transform a houseplant

To complement outdoor living areas, homeowners can curate

into a home detoxifier. These plug-in systems remove volatile

the mood with backyard lighting. Floating pool lights add a

compounds from home air including, formaldehyde, benzene,

touch of whimsy to evening swims, while DMX-controlled lights

dust and allergens, making homes healthier for all.

can curate an upbeat light show. Those looking to highlight particular parts of the yard can incorporate LED accent lights,

6. SECURITY: KEYLESS FRONT DOOR ENTRY

or work in a classy chandelier to make an outdoor lounge feel

Searching for keys becomes a part of the past with biometric

especially cozy.

fingerprint door locks. These handy smart devices enable homeowners to enter their home with nothing but themselves.

10. RECREATION: GEOMETRIC SHAPED POOLS

Most systems allow several fingerprints to be inputted. Users

Luxury homeowners have raised the bar with shapely pools.

can also opt to double-up security with additional follow-up

These unique designs are often paired with vanishing edges

codes.

and clean lines. Raised whirlpools waterfalling into the main pool also cast a tranquil vibe, enhancing this stylish design.

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Real Estate and the

MILLENNIAL

REVOLUTION

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For the second year in a row Millennials make up the largest group of homebuyers in the United States, accounting for 32% of the market according to the National Association of Realtors. As the Bay Area economy thrives, many luxury Millennials are becoming strong contenders in the local market, prioritizing lifestyle over location with certain residential desires in mind.

It’s no secret that the Silicon Valley and San Francisco region

focus. Millennials have more concerns about lifestyle

harbor a vast amount of well-paid tech professionals with

than location, which makes sense given the new wave

stock options proving profitable. According to real estate

of employee-focused work environments they’re thriving

coach, Travis Robertson, the average luxury millennial has a

in. Generation Y also prefers flexible working hours, cash

$5 million net worth and a $200,000 annual income. With this

bonuses, and employer training in their work life, according

equity comes an eager intention for real estate investments or

to Roberton’s data.

a first home purchase. When it comes to home specifics luxury Millennials want Robertson notes 73% of Millennials are considering buying

safe rooms and automated systems. Home theaters, a pool,

homes over the next 12 months. The average ‘pentamillionare’

and 4+ car garages also rank among the top 10 preferred

who is 35 and under spent $7.8 million for a property, 80% of

features, along with outdoor kitchens, open floor plans,

whom paid all cash. While a slim portion of Millennials earn

and a personal gym. This generation of eco-conscious

more than 5 million a year, the Bay Area’s 75+ billionaires and

homebuyers also desires energy efficient systems and

hundreds of millionaires create a niche for potential Gen Y

bonus spaces for a wine cellar.

luxury homebuyers with large amount of capital. As the Bay Area’s technology industry continues to rise “A strong job market in high tech has attracted a younger

and thrive, the influence of Millennials’ in local real estate

home buyer to the Bay Area. According to Zillow, 52% of

will likely rise with it, further strengthening the already

people moving to the Bay Area over the last 12 months are

hefty buyer pool.

Millennials,” says Bill Lewis, Vice President of Alain Pinel “As Millennials establish their careers and start families

Realtors and Manager of the Los Altos office.

their needs expand from rental markets to the home buying With

Millennials

comes

specific

desires.

Urban

environments and turnkey homes have become a primary

market, impacting values, especially in San Francisco and here on the Peninsula,” says Lewis.

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A GUIDE

LUXURY GARAGES

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In today’s market mid-peninsula residents are transforming

While practical, some prefer a more seamless approach to

traditional garages into extravagant centerpieces. Far more

the car lift’s industrial look. Those looking to spend larger

than just a cement carport, luxury homeowners incorporate

sums can opt for subterranean auto elevators. The tops of

everything from auto lifts and turntables to electric charging

these structures are designed to perfectly match the garage

stations and lounging rooms.

floor, while housing collector items in an illuminant unit. This option enables homeowners to use the elevator as a

If you’re looking to revamp your garage space, read on for a

showcasing piece within their car gallery, or simply create

comprehensive guide of luxury options worth considering.

more space for regularly used vehicles.

CHARGING STATIONS

AUTO TURNTABLES

A luxury home wouldn’t be complete without an electronic

Often positioned on the driveway or within the garage itself,

charging station. Ideal for Tesla and Smart Car owners,

these convenient, in-set floor upgrades enable residents to

these inserts offer a glimpse into the future, where a garage

drive in without the hassle of reversing. Designed to blend in

transforms into a personal, fueling station.

with the surrounding surface, turntables automatically rotate cars, reducing the potential for niches and scratches that

Charging hubs generally can cost anywhere from $500 to

often derive from backing out.

$3,000, depending on the design and desired preferences. While cables come as short as 15-feet, car owners often opt

Depending on the model, car turntables can maintain a rate

for the 25-foot option to avoid space restrictions.

of 10,000 pounds at a constant operating load and the ability to withstand a significant amount of excess weight. Some

Electric station manufacturers offer a spectrum of power.

tech-savvy systems detect when the wheels are off the table,

Models often range from 12 to 48 amps, providing up to

and even sense when an object blocks the vehicle’s pathway.

7.7kW of power. When selecting a station it’s imperative to know the capacity of the home’s service panel. Some older

LOUNGING SPACE

homes in the mid-peninsula only have 100 amp service

With so many beautiful cars, many luxury homeowners

panels, so be sure to do your homework before purchasing

transform this storage space into a relaxing, living area. Floor

any station.

to ceiling windows separate cars from the lounge, allowing auto enthusiasts to unwind and soak up clear views of their

CAR STORAGE

motorized possessions.

When it comes to maximizing space in a stylish fashion, luxury buyers have a flair for ingenuity. Car aficionados

These quarters often are equipped with custom cabinetry,

utilize stylish auto lifts to increase space, while keeping

cozy, leather couches and televisions. More elaborate rooms

prized possessions out of harm’s way. Depending on the

have a wet bar and partial kitchen for added convenience.

homeowner’s needs, car lifts generally house up to two

Framed by stainless steel these contemporary, sleek spaces

vehicles with easy onboarding and off-loading access. These

can be quite the crowd pleaser. Whether you’re housing two

upgrades instantly double parking space without the cost of

or twelve cars, high-end buyers are getting creative with

a major renovation.

these remodeled museum-like garages.

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Key Facts About the

NEW HOME

LOAN PROCESSES

Bay Area buyers and sellers should take note of the significant disclosure changes set to take effect Oct. 3. Known as TILA/RESPA Integrated Disclosure (TRID) rules, these changes will directly affect buyers seeking mortgages, and sellers considering financed offers. To better understand whatâ&#x20AC;&#x2122;s ahead, we discussed the specifics with Michael Iorio, President of Private Mortgage Advisors, LLC, compiling fundamental changes and helpful tips for buyers and sellers.

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SPECIFIC CHANGES The new TRID rules aim to simplify forms and give

“There are concerns it may push sellers to accept more

consumers more notice to review and evaluate their

cash than finance offers, which can limit the marketplace,

options before a loan closes. Prior to the switch, title

because not everyone can buy a home with cash,” says

and escrow companies prepared a HUD-1 form, which

Iorio. “Or the seller needs to be comfortable that the

itemized all the charges for a buyer and seller when

mortgage lender providing the loan is familiar with

closing a real estate transaction. This generally includes

these TRID requirements and that its system is set up

interest rates, taxes, insurance, assessments, as well

to deliver documents compliantly and close the real

as title and escrow fees. Prior to the TRID changes,

estate transaction on time.”

borrowers, title companies, agents and sellers were able to modify the HUD-1 on the same day they signed their loan documents to a certain degree. Starting

with

new

loan

applications

TIPS FOR BUYERS AND SELLERS As the lending regulations shift, it’s imperative for both buyers and sellers to keep a few things in mind

October,

borrowers will receive a Loan Estimate (LE) within three days of applying for a loan. The LE combines the current Good Faith Estimate (GFE) and Initial Truth in Lending (TIL) forms into one disclosure. The HUD-1 will be consolidated into a Closing Disclosure (CD) form, which will be prepared by the mortgage bank instead of the title company. Unlike before with the HUD-1, the CD

throughout this year. During the first six months, communication is imperative. Real estate agents representing borrowers should ensure they know all parties involved. “It really takes a team now to close a loan and that’s the partnership between your real estate agent, your lender, and your title company,” says Iorio.

must now be delivered three days before the borrower

Buyers should have an open environment with their

can sign any loan documents.

lender and know the mortgage company’s capabilities.

“The TRID rules are being implemented to provide the borrower more transparency, and more time as they consider making the biggest purchase of their lives,” says Iorio. “It’s all being done to increase borrower knowledge, protection, and consumer education.” However, these TRID rules will not apply to reverse mortgages, home equity, or mortgages secured by a mobile home that isn’t permanently attached to land.

While it may sound easy to prepare CDs, a mortgage company may be dealing with a hundred loans per month. With that said they must be properly staffed, familiar with the new TRID regulations, and have the right systems in place to ensure success. On the other side of the spectrum, sellers should be both understanding and knowledgeable about where the buyer’s financing derives from to ensure they can close escrow on time. Iorio also recommends that

MARKET EFFECTS

sellers remain aware of these new processes and shift

A portion of the real estate community fears that

their perspective to understand the changing dynamics

the new TRID rules will lead to delays in buying and

of the industry.

selling homes, as Realtors may build in extra days to accommodate the timing requirements of the new Closing Disclosure.

While new applicants won’t see the effects of these new TRID rules until Oct. 3rd or beyond, it’s

In seller-dominant markets like Silicon Valley and the

never too early to become familiar with the new

peninsula, where all-cash offers make up 25 to 50% of

regulations. For further information on the new

all sales, some believe buyers seeking mortgages will

disclosure requirements contact Private Mortgage

have trouble competing with all-cash offers.

Advisors LLC at pmahomeloans.com.

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Our

FALL

Collection

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A L A I N P I N E L R E A LT O R S

323 WALSH RD, ATHERTON COMING SOON SEPTEMBER 2015

A modernist standout with Northern California warmth on an unprecedented three-level home that exudes timeless elegance in every detail. Designed for todayâ&#x20AC;&#x2122;s Luxury living, this home features uncommon interior finishes of the highest level and large exposures of glass that usher light into every room. Spa Day at home, Movies in the Theater room, in-home Dog Shower, Martinis in the Man Cave, BBQ Pool Parties, private Fitness Center and over 10,000 sf of the worldâ&#x20AC;&#x2122;s most beautiful wood under your feet are part of the world-class amenities featured in this luxurious family home.

Alireza Faghiri 650.346.4727 afaghiri@apr.com CalBRE# 01247404

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In sought after lower Hillsborough, this circa 1930 residence captures the essence of Mediterranean architecture and timeless design, with a modern floor plan to suit a variety of lifestyle needs. SOLD – represented the seller – with multiple offers. $4,705,000

664 WOODSTOCK ROAD HILLSBOROUGH

Valerie Soltau 650.434.3896 vsoltau@apr.com www.valeriesoltau.com CalBRE# 01223247

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CENTRAL MENLO PARK

BEAUTIFUL NEW CUSTOM HOME ARCHITECTURE, PLANNING & PERMITS COMPLETE

Pre-Purchase and participate selecting finishes, overall exterior & interior design modifications for this beautiful custom home in Central Menlo Park. Construction now underway. Influence room & floor layouts in all three levels; basement, first and second levels. Itâ&#x20AC;&#x2122;s possible for this home to be completed in 12-15 months.

Joe Parsons 650.279.8892 JoeParsons@apr.com www.joeparsonsRE.com CalBRE# 01449421 The above renderings are concept only, deemed to be accurate but not guaranteed; Source: Concept Renderings, Sam Sinnott, AIA Menlo Park, CA

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101 ALMA STREET #407 PALO ALTO Contemporary loft-like living with lush tree-top views in sought-after downtown Palo Alto complex. 2bd/2ba corner unit on the 4th floor nestled in the heart of downtown close to Stanford, restaurants, shopping, & transportation. Sold with multiple offers – represented the seller. $1,375,000

560 MENLO OAKS DRIVE MENLO PARK Enchanting French Country style home in Menlo Park’s beautiful Menlo Oaks neighborhood. This 5 bedroom, 3 bathroom home has wonderful curb appeal and combines old world charm with modern amenities. Sold with multiple offers – represented the seller. $2,995,000

Monica Corman 650.543.1164 mcorman@apr.com www.MonicaCorman.com CalBRE# 01111473

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Mandy Montoya 650.823.8212 mmontoya@apr.com www.MandyMontoya.com CalBRE#01911643

CENTRAL WOODSIDE ESTATE Less than a handful of newly built homes have been offered for sale in Woodside in the last 20+ years, none nearly as magnificent and well located as this one. Beyond the endless breathtaking architectural angles, gleaming glass, and board form concrete, the underlying passive-home-inspired features elevate luxury living to a whole new level of comfort, efficiency, and health. 6 bedrooms, 7 bathrooms, plus a 1 bedroom guesthouse. $20,000,000

CENTRAL ATHERTON ESTATE This brand new Atherton estate represents sleek, sophisticated, modern design. 7 bedrooms, 7 bathrooms, 3 powder rooms, attached guest house, movie theater, stainless steel wine room, massive patio for indoor/outdoor cooking and entertaining. Price Upon Request

Mara McCain 650.307.8477 mara@apr.com www.maramccain.com CalBRE# 01077121

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1280 SHARON PARK DRIVE, #32 MENLO PARK BEAUTIFUL VIEWS – SHARON HEIGHTS Sharon Heights condominium remodeled in 2015! Located “behind the gates”. Gorgeous 2 bedroom, 2 bathroom offers beautiful views of Sharon Heights golf course, a fantastic layout with generous rooms and brand new finishes throughout. Located in highly acclaimed Las Lomitas School District. SOLD – represented the seller. $1,338,000

2191 GORDON AVENUE MENLO PARK PRISTINE WEST MENLO HOME Exquisite West Menlo home built in 2009. This 4bd, 3.5ba blends high quality and design. An open floor plan, high ceilings and decorative millwork makes it a show stopper. The impeccable yard is perfect for entertaining. Located in highly acclaimed Las Lomitas School District. SOLD – represented the buyer. $2,895,000

Janise Taylor 650.302.2083 jtaylor@apr.com CalBRE# 01499609

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951 BRYANT STREET PALO ALTO PERFECTION! EXQUISITELY REMODELED IN 2012!

This quintessential brown-shingle Craftsman home built in 1899 is located in Palo Altoâ&#x20AC;&#x2122;s unique historic district known as Professorville. Features include 4 bedrooms/3.5 baths, with 1 bedroom & bath in a separate apartment that could be connected to the main part of the home. The dramatic remodeled kitchen-dining room flawlessly integrates the original architecture & craftsmanship with modern features & convenience. The peaceful garden is a magical tapestry of mature and colorful vegetation and flowers. www.951Bryant.com $3,995,100

Carol & Nicole 650.543.1195 CarolAndNicole@apr.com www.CarolAndNicole.com

Carol Carnevale & Nicole Aron CalBRE# 00946687 | CalBRE# 00952657

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Mary Gullixson 650.888.0860 Mary@apr.com CalBRE# 00373961

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95 ATHERTON AVENUE ATHERTON

Brent Gullixson 650.888.4898 BrentG@apr.com CalBRE# 01329216

8 FAXON FOREST ATHERTON

Mary Gullixson 650.888.0860 Mary@apr.com CalBRE# 00373961

Brent Gullixson 650.888.4898 BrentG@apr.com CalBRE# 01329216

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35 RATHGAR COURT REDWOOD CITY FABULOUS HOME WITH VIEWS Located on a quiet cul-de-sac, this 5 bedroom, 4.5 bath homeâ&#x20AC;&#x2122;s stately exterior is indicative of its elegant, yet extremely functional floor plan. Sitting on approximately .47 acre with Bay and western hill views, this home truly is a rare find. Sold - Represented the Seller Sales price: $3,635,000

Darlene Pylkkanen 650.868.2291 dpylkkanen@apr.com www.realestatedarlene.com CalBRE# 01115594

4 MANOR PLACE MENLO PARK DESIRABLE LINFIELD OAKS NEIGHBORHOOD Charming home ideally located on a quiet culde-sac in the heart of Linfield Oaks. Close to Burgess Park, Pool, and Rec center, as well as easy access to downtown Palo Alto. This 3Bd, 2Ba home offers a sensible floorplan to move in, remodel and possibly expand. The home has been lovingly cared for by the same family for over 40 years. Some amenities include a spacious country kitchen, hardwood floors, double pane windows, fresh interior and exterior paint. Award winning Menlo Park schools. This is a wonderful opportunity! $1,890,000

Andrea M. Schultz 650.575.3632 aschultz@apr.com AndreaSchutlzHomes.com CalBRE# 01196243

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PALO ALTO EXTRAORDINARY ESTATE IN CRESCENT PARK

Designed by renowned local architect Birge Clark in 1926, this Spanish Revival residence was painstakingly restored in 2009 by master craftsmen. No expense was spared in the renovation, & the results are truly breathtaking. The 6,400sf floorplan of the main house spans 3 levels, and includes 4 en suite bedrooms. The grounds of the 24k sf lot include sparkling pool, outdoor fireplace, & an open pavilion. Detached one-bedroom guest cottage with full kitchen. Call Derk for further details, & to arrange a viewing of this one-of-a-kind opportunity. Price Upon Request

Derk T. Brill 650.543.1117 dbrill@apr.com www.DerkBrill.com CalBRE# 01256035

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2260 MIDDLEFIELD RD. PALO ALTO WONDERFUL SINGLE LEVEL HOME IN PRESTIGIOUS OLD PALO ALTO This home is stylish, spacious, and ready to move right in. Extensively remodeled and expanded in 2009, the home is filled with natural light from skylights and French doors. The spacious, one-level floor plan has an open concept with integrated chef’s kitchen plus 4 large bedrooms and 2.5 well-appointed bathrooms. Price Upon Request

John Forsyth James 650.218.4337 john.james@apr.com JohnForsythJames.com CalBRE# 01138400

25400 LA LOMA DRIVE, PARCEL B LOS ALTOS HILLS 3.06 ACRE LOT Exceptional opportunity to build your dream estate. Featuring spectacular views over Silicon Valley, the San Francisco Bay and the western mountains. $2,788,000

Lynn Wilson Roberts 650.255.6987 lwr@wilsonroberts.com www.LynnWilsonRoberts.com

CalBRE# 01814885

John Forsyth James 650.218.4337 john.james@apr.com JohnForsythJames.com CalBRE# 01138400

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675 BELDEN COURT LOS ALTOS QUIET CUL-DE-SAC LOCATION IN NORTH LOS ALTOS Updated four bedrooms with den or 5th bedroom, including two en suites and three bathrooms. The open floor plan is inviting with the living room and dining areas and separate movie or family room. The chefs kitchen includes a Subzero stainless refrigerator and six-burner Wolf range plus breakfast bar! Continue outdoors to professionally landscaped rear yard offering a built in barbeque station highlighted by stunning hardscape, circulating fountain and grassy play area. A true entertainerâ&#x20AC;&#x2122;s home! Santa Rita Elementary, Egan Middle and Los Altos High!Â $2,098,000

339 LEXINGTON DRIVE MENLO PARK THE BEST LOCATION OF THE WILLOWS! Peaceful meandering streets with mature trees take you into this private established neighborhood! Enjoy this expanded and updated home with a mix of contemporary style with traditional qualities! The dramatic and enchanting high beamed living room opens to separate large dining area featuring multiple French doors, wood burning fireplace and hardwood floors through out! Four bedroom including a master suite, plus office, two bathrooms and family room area. Near downtown Palo Alto and downtown Menlo Park! Conveniently located near bus routes and freeway access. Laurel K-3, Encinal 4-5, Hillview 6-8 and Menlo Atherton High! $1,995,000

Kathleen Wilson 650.207.2017 kwilson@apr.com KathleenWilsonHomes.com CalBRE# 00902501

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552 TENNYSON AVE PALO ALTO MEDITERRANEAN BEAUTY IN OLD PALO ALTO Sold - Stunning Mediterranean in Old Palo Alto. Modern amenities meet Old World character. Beautiful kitchen. Open living room/dining room. Five bedrooms, five and a half baths plus circular office. 18 foot ceilings. Represented buyer. Offered at $5,995,000

230 O’CONNOR MENLO PARK OPPORTUNITY IN THE WILLOWS Sold- Charming cottage built in 1927 on a 9000 sq. ft. lot in the desirable Willows area of Menlo Park. Great opportunity for builder or end user. Offered at $1,750,000

417 ARLEWOOD SAN RAMON WINDEMERE GEM IN SAN RAMON Sold - Updated Windemere home. Open floorplan with high ceilings. Granite counters, Hunter Douglas wooden shutters and blinds, jetted tub, mature trees (lemon, lime, orange), covered patio, hot tub. Four bedrooms, three baths. Built in 2002. Offered at $988,000

Michael Hall

Tricia Soliz

650.465.1651

650.833.9442

mhall@apr.com

www.MichaelHallHomes.com CalBRE# 01133676

www.TriciaSolizHomes.com CalBRE# 01836700

28 | APR.COM

tsoliz@apr.com

20 BRIDLE COURT HILLSBOROUGH TOBIN CLARK TREASURE!

Impeccably restored and beautifully expanded English Country estate, custom designed by renowned architect Farro Essalat. This exceptional 6 bedroom/7 bath home spans over 7,100 SF and features fine architectural details. The magnificently landscaped grounds and pool form a resort setting for both family leisure and grand entertainment. Located on a historic and picturesque cul-de-sac, with the legacy of once being Celia Tobin Clarkâ&#x20AC;&#x2122;s own residence. $7,800,000

Charlene Chang 650.814.2913 cchang@apr.com www.CharleneChang.com 01353594

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1104 FOREST AVENUE PALO ALTO MASTERFULLY REMODELED CRESCENT PARK HOME SOLD - Located on what many deem to be the most coveted street in all of Palo Alto - this home is a rare offering indeed. A just completed transformation of the home blends traditional & modern design elements creating a light-filled floor plan that is perfect for entertaining & indoor/outdoor living. $4,998,000

1065 LOS ROBLES PALO ALTO CHARMING HOME IN SERENE SETTING Sold with multiple offers, this warm and inviting 3 bedroom, 2 bath home is freshly finished with designer style. The kitchen is filled with light and adjoins a large dining and living room area. The master suite opens out to a large deck to enjoy the outdoors. Excellent Palo Alto schools. $1,998,000

Lori Buecheler 650.387.2716 lorib@apr.com www.LoriRealEstate.com CalBRE# 01859485

30 | APR.COM

3817 MAGNOLIA DRIVE, PALO ALTO SUN-FILLED HOME IN DESIRABLE BARRON PARK

Tucked away in the desirable Barron Park, this 4 bedroom, 2.5 bath home plus bonus room offers a formal living room and family room. Beautifully finished with vaulted exposed beams, picture windows, skylights and hardwood flooring. $2,199,000

Cecily Zhang 650.388.2511 czhang@apr.com www.apr.com/czhang CalBRE# 01701665

629 PACO DRIVE LOS ALTOS SENSATIONAL! 3bd/2.5ba single level, architect-designed home on a large garden lot with pool. Separate office, smashing kitchen and master suite. $2,498,000

Emely Weissman 650.814.0374 eweissma@apr.com emelyweissmanhomes.com CalBRE# 01119038

4123 DAKE AVENUE PALO ALTO

MID-CENTURY MODERN HOME

Classic Eichler home with extra high ceilings, floor to ceiling windows, and a great indoor/ outdoor feel. 4BR/2.5 BA plus remodeled kitchen, formal dining room, family room, bonus room, and an oversized lot. Top rated Palo Alto schools. Price Upon Request

Lynne Mercer 650.906.0162 Lmercer@apr.com www.Lmercer.com CalBRE# 00796211

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567 VAN BUREN STREET LOS ALTOS DISTINCT ELEGANCE, FLAIR AND COMFORT SOLD - This stunning 4 bedroom, 4.5 bath home was custom built to the owners’ exacting standards with attention to detail and exquisite design. Located on one of Los Altos’ most coveted streets, its back yard offers a peaceful resort-like haven from Silicon Valley hustle and bustle. $4,750,000

59 WEST PORTOLA LOS ALTOS OODLES OF CHARM. LOADS OF APPEAL SOLD - Behind its white picket fence, this home offers the perfect blend of charm, appeal and comfort. Coveted amenities including beautifully landscaped back yard with deck, gracious fig tree and veggie gardens, and updated stylish kitchen and baths. 3 beds, 2 baths plus a large family room. $2,200,000

15 SIESTA COURT PORTOLA VALLEY SERENE AND APPEALING SOLD - With captivating filtered views to the San Francisco Bay and beyond, this smartly updated mid-century home is an entertainer’s dream with an expansive deck accessed from the dramatic two-story living/dining room combination. 5 bedrooms, 3.5 baths plus a well-equipped office and large family room. Excellent La Lomitas schools. $2,640,000

Lynn Wilson Roberts 650.255.6987 lwr@wilsonroberts.com www.LynnWilsonRoberts.com

CalBRE# 01814885

32 | APR.COM

1576 HAMILTON AVENUE PALO ALTO

DESIRABLE NORTH PALO ALTO SOLD with multiple offers for 24% above asking price .This spacious California classic is set on a large 8,750+/- sf lot on a coveted street in desirable north Palo Alto. Abundant opportunity for future expansion and remodel. Sold with multiple offers for 24% above asking price. $3,700,000

680 MANZANITA WAY, WOODSIDE WOODSIDE ESTATE ON 5.43 ACRES SALE PENDING - A magnificent 5800+/- sf restored English Country estate on 5.43 acres of privacy. Spectacular grounds & magical gardens including original Thomas Church gardens. Quality & designer enrichments including a 722 sf guest house, 4 car garage, greenhouse, workshop, 581 sf. cabana w/ kitchen, bath, living/dining, fireplace, 571 sf fitness center w/laundry & bath +a spectacular pool & sunken spa. A world away yet close to 280, top Silicon Valley companies & 40 Minutes to SF Financial District. $9,980,000

1499 EDGEWOOD DRIVE PALO ALTO

CRESCENT PARK RANCH ON 1/2 ACRE SOLD- Spectacular home spanning one spacious level on over 1/2 acre in desirable Crescent Park. Oriented to the beauty of the surrounding gardens, truly an architectural tour de force with captivating views. Designed with a strong visual and functional connection to the outdoors, sliding glass or French doors in almost every room open to the gardens. Parquet wood flooring, new carpeting, and a soft neutral color palette unify the spaces in Zen-like harmony. $6,950,000

Sherry Bucolo 650.207.9909 sbucolo@apr.com www.sherrybucolo.com CalBRE# 00613242

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ATHERTON COMING SOON Nestled near the end of a quiet cul-de-sac, this single level home on a beautiful 1.13 acre property has a natural elegance in a serene country setting. Highlighted by a stunning great room with vaulted beamed ceilings, this graceful home comes to the market for the first time in over 40 years. Price Upon Request

BELMONT COMING SOON Wonderful 3 bedroom, 2 bath mid-century modern home on a 12,707+/- square foot lot. Efficient floor plan with spacious family room and master suite. Sought after west side neighborhood in the heart of the peninsula with easy access to highways 92, 280, 101 plus outstanding schools! Price Upon Request

660 SEALE AVENUE PALO ALTO DISTINGUISHED OLD PALO ALTO HOME SOLD - Gorgeous 3 bedroom, 2 bathroom home in the prestigious Old Palo Alto neighborhood. Great location near outstanding schools, parks, and all the best that Palo Alto offers! Represented buyer. $3,700,000

Greg Celotti 650.740.1580 greg@apr.com www.GregCelotti.com CalBRE# 01360103

34 | APR.COM

25610 FRAMPTON COURT LOS ALTOS HILLS PRISTINE RESORT-LIKE GROUNDS

Situated on over two acres, this unique property presents two beautifully appointed residences providing flexibility for use as a family compound or executive retreat. Luxurious 4bd/5ba main with elegant foyer, state-of-the-art chefâ&#x20AC;&#x2122;s kitchen, grand LR and DR, office and romantic MBR. Guest house offers 3 bedrooms and 3 full baths. Two 3-car garages. BBQ pavilion, fireplace lounge, life-size chess board, pool and spa. Coveted location. $10,585,000

Angie Galatolo 650.704.8168 agalatolo@apr.com www.angiegalatolo.com CalBRE# 01701418

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Gorgeous villa in a resort-like setting features 5 bedrooms, 4 full baths and 2 half-baths. Beautiful details throughout include hand-hewn walnut floors, refined millwork, arched French doors and windows. Library, customized office nook plus children’s study center. Beautiful formal grounds with vast, level lawn, saltwater pool and elevated spa. 1.19+/- acres. SOLD – Represented the seller $8,500,000

26307 ESPERANZA DRIVE LOS ALTOS HILLS FRENCH COUNTRY VILLA

Kathy Bridgman 650.868.7677 kbridgman@apr.com WWW.KATHYBRIDGMAN.COM CalBRE# 01189798

36 | APR.COM

10250 MAGDALENA AVENUE LOS ALTOS HILLS STUNNING CUSTOM VILLA

Unparalleled luxury awaits at this spacious 6bd/5.5ba custom European-style home built in 2008. Features include a library, recreation room and two bonus rooms. Gorgeous, private gated grounds with level lawn, fountain and fenced play area. Glorious views of the western hills. 1.11+/- acres. Potential for a vineyard. $5,495,000

Kathy Bridgman 650.868.7677 kbridgman@apr.com WWW.KATHYBRIDGMAN.COM CalBRE# 01189798

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947 AURA COURT LOS ALTOS DESIRABLE CUL-DE-SAC Spacious home in lovely Loyola Corners neighborhood, in close proximity to Rancho’s shopping, Los Altos Golf and Country Club and highly regarded Los Altos schools. $3,299,000

729 ASHBOURNE DRIVE SUNNYVALE FABULOUS LOCATION Beautifully remodeled home with many quality details throughout. Outstanding Stocklmeir Elementary and Cupertino Middle School and proximity to Apple’s new campus. $1,492,000

658 ROSEWOOD COURT LOS ALTOS CONTEMPORARY CALIFORNIA LIVING On a serene cul-de-sac in an attractive Central Los Altos neighborhood with highly regarded Los Altos schools. Please visit us at SangsterHomes.com for more details. SOLD – Represented the seller. $2,820,000

Carol Sangster

Graham Sangster 650.224.5295 csangster@apr.com www.SangsterHomes.com CalBRE# 01856274 | CalBRE# 01898271

38 | APR.COM

2012 FARNDON AVENUE LOS ALTOS REMODELED TO PERFECTION

Extensively remodeled 4bd/3ba home with 2,586+/- sf and guest bedroom/bath. Light-filled kitchen has 2 skylights, high ceiling, granite counters and center island opening to family room. Master bedroom and family room open to a rear patio for indoor/outdoor living. Convenient separate laundry room. $2,500,000

Jeff Stricker

Steve TenBroeck

650.823.8057

650.450.0160

jstricker@apr.com

stenbroeck@apr.com

JeffAndSteve.com CalBRE# 00948847

JeffAndSteve.com CalBRE# 01044091

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710 BERRY AVENUE LOS ALTOS MODERN EXPRESSION OF CONTEMPORARY STYLE A true masterpiece, this fabulous home features unique design elements at every turn – from extensive use of recycled glass to exceptional pendant lighting and mirror images of cabinetry and windows in a geometric pattern – all of which add to the modern appeal. SOLD – Represented the seller $2,605,000

516 VAN BUREN STREET LOS ALTOS RARE FIND – OVER HALF-ACRE IN NORTH LOS ALTOS A rare find in North Los Altos, this unique property boasts over half-acre on one of the most coveted streets in town! It offers numerous possibilities - a beautiful canvas, waiting for a masterpiece to be created! SOLD - Represented the buyer $3,660,000

926 AURA WAY LOS ALTOS ELEGANT SOPHISTICATION IN PARK-LIKE SETTING Beautifully remodeled, this spacious home features an open floor plan accented with numerous architectural touches perfectly located on an extra-deep lot of more than one-third acre with a pool and spa surrounded with tropical foliage. SOLD – Represented the buyer $3,200,000

Shilpa Merchant 650.906.6869 shilpa@shilpamerchant.com www.shilpamerchant.com CalBRE# 01112533

40 | APR.COM

4206 RICKEYS WAY, UNIT N PALO ALTO CONTEMPORARY TOWNHOUSE Located in one of the most central areas of Silicon Valley, this contemporary end-unit townhouse is only 7-years-old and is situated in the prestigious Arbor Real community of Palo Alto. Spectacular 3bd/2.5ba home offers 2,081+/- sf. Grand LR with fireplace, gourmet kitchen, plus impressive master suite. Attached 2-car garage. $1,749,000

515 DAVEY GLEN ROAD BELMONT REMODELED HOME WITH VIEWS Stunning 4bd/2.5 bath remodeled home with bonus room offers expansive living space of 3880+/- sf. Lovely Davey Glen Park views visible from all angles of the main living area. Bonus room can be used as an executive office, theater, game room or wine-tasting room. Close to shopping and restaurants. $1,498,000

David Chung

Sunny Kim

650-302.6027

650.823.5546

dchung@apr.com

skim@apr.com

DavidandSunny.com CalBRE# 01215151

DavidandSunny.com CalBRE# 01871036

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426 LOS NINOS WAY, LOS ALTOS LOS ALTOS SCHOOLS Prime location and close to downtown, this 3bd/2ba home features a bright, open floor plan, plus two separate bonus rooms. Private park-like setting. SOLD – Represented the buyer. Call for details on our upcoming listing in Sunnyvale also with top rated schools. $2,710,000

Susan Sims 650.743.1838 ssims@apr.com SusanSimsHomes.com CalBRE# 01408349

Cliff Noll 650.823.2065 cnoll@apr.com www.apr.com/cnoll CalBRE# 00262285

916 RUSSELL AVENUE LOS ALTOS CHARMING HOME ON A SMALL QUIET STREET 3,400 sf home includes 4 bedrooms, 2.5 baths, a large living room, dining room, updated kitchen and a spacious family room leading to the private backyard with a large patio, swimming pool, and a lovingly built tree house. Award winning Los Altos schools. $2,700,000

Patrice Horvath 650.520.7675 phorvath@apr.com www.patricehorvath.com CalBRE# 01707418

42 | APR.COM

10617 AINSWORTH DRIVE LOS ALTOS STUNNING REMODELED HOME Beautiful 3bd/2.5ba executive home with office, located near top Cupertino schools and commute routes. Designer chef’s kitchen, custom updated baths, and new roof. Gorgeous quarter acre corner lot with lovely patio and play area - perfect for entertaining. Close to parks and tennis courts. $1,899,000

Lynn North 650.209.1562 lnorth@apr.com www.LynnNorth.com CalBRE# 01490039

1595 MORTON AVENUE LOS ALTOS STATELY NEW CONSTRUCTION This single-story home has 5 well-sized bedrooms and 4.5 baths with one suite conveniently secluded for guests. The great room includes a professionally designed gourmet kitchen, spacious family room with a cozy fireplace ideally located on an oversized lot, with prestigious Cupertino schools. Price Upon Request

Denise Welsh 650.209.1566 denisew@apr.com www.denise-welsh.com CalBRE# 00939903

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1650 ASCENSION DRIVE SAN MATEO DESIRABLE BAYWOOD PARK Spacious 4bd/2.5ba home overlooking the picturesque open space water shed area, harking back to the by-gone cattle grazing days of San Mateo. Conveniently located near Crystal Springs Shopping Center. Excellent public schools. $1,659,000

Erika Ameri 650.269.8211 eameri@apr.com www.ErikaAmeri.com CalBRE# 01727613

1048 HUCKLEBERRY COURT SUNNYVALE UPDATED CLASSIC Beautiful single-story home in desirable Cherry Chase neighborhood. Quiet cul-desac location. Open floor plan with modern amenities and designer palate. Professionally landscaped grounds. Buyer representation. Price Upon Request

Irene Yang 650.209.1630 iwyang@apr.com www.IreneYang.com CalBRE# 01724993

182 OAK COURT MENLO PARK CHARMING MENLO COTTAGE Coming soon: Quaint home with many periodÂ details on a private street in the Willows neighborhood, offering Menlo Park schools and excellent proximity to downtown Palo Alto. $1,099,000

Heather Green 650.810.3219 hgreen@apr.com heathergreenhomes.com CalBRE# 01894162

44 | APR.COM

28120 STORY HILL LANE LOS ALTOS HILLS ONE SIZE FITS ALL Perfect main level floor plan for single-level living plus ample space in “walk out” lower floor - ideal for boomerang kids, visiting grandchildren, and extended family. Vaulted ceilings and walls of windows on main floor, ample deck space and parking for entertaining. Large office, plus wine cellar. 4bd/5ba, 5000+ sf. $4,388,000

Bruce Dougherty 650.388.2703 bdougherty@apr.com www.apr.com/bdougherty CalBRE# 01483998

11634 WINDING WAY LOS ALTOS NEW CENTURY MODERN Newly-built expression of bold Silicon Valley style blends sleek lines with abundant natural light and rich traditional warmth. $2,728,000

Kirk Mahncke 650.245.5807 kirk@homesbykirk.com www.apr.com/kmahncke CalBRE# 00581857

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20 BOROUGHWOOD PLACE HILLSBOROUGH Masterfully modern estate property with exceptional grounds including pool, spa and tennis court. Two-level main residence with 5 bedrooms and 4.5 baths. Three-level guest house with kitchen, sleeping loft, bath with 2 showers and gym. Sold for $6,600,00

119 BAYWOOD AVENUE HILLSBOROUGH Three-level residence with 4 bedrooms and 3.5 baths with approx. 3,480 sq. feet of living space. Classically designed architecture with period detail woodwork & paneling. Private rear grounds invite enjoyable gatherings with a large pool, fully equipped outdoor kitchen and full children’s playground. Offered at $3,995,000 Sold for $4,250,000

101 FALLEN LEAF DRIVE HILLSBOROUGH Extensively renovated and expanded circa 1941 home on two levels with 4 bedrooms, 3 full baths & 3 half baths, plus a 1 bedroom, 1 bath apartment. Resort inspired grounds with pool, spa, tennis court and a pool/ guest house with kitchenette & full bath. Offered at $7,995,000 Sold for $8,250,000

Janice Woods 650.931.2029 jwoods@apr.com www.janicewoods.com CalBRE# 00816718

46 | APR.COM

2010 GERI LANE, HILLSBOROUGH THE GREAT AMERICAN HOUSE

Fabulous new construction. Luxurious grand scale living. Tradition for the way we live now. A tribute to quality and craftsmanship at a glance. 5 bedrooms, 5 full baths, and 1 half-bath. Pool and garage. Approximately 5,500 +/1 total square feet. On approximately .93 of an acre. Near Hillsborough Schools. Contact me for more information on our fresh and strategic approach to how we add value and are transforming real estate. $6,500,000

Jennifer Gilson 650.642.6957 jgilson@apr.com jennifergilsonrealestate.com CalBRE# 01889172

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ELEVATING HOME FINANCING TO A FINE ART

From luxury clients to first-time buyers, Private Mortgage Advisors has supported Bay Area homebuyers for more than a decade. Whether you’re purchasing or refinancing, we aim to make life-long clients by providing superior “white-glove” customer service and an array of mortgage loan products to suit your needs.

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415.690.3701

dbreaux@pmaloans.com

Kevin Lyon

Chad Turkus

MORTGAGE LOAN OFFICER NMLS# 245687

MORTGAGE LOAN OFFICER NMLS# 1105768

408.390.7044

klyon@pmaloans.com

650.776.2279

cturkus@pmaloans.com

Private Mortgage Advisors, LLC is a California limited liability company headquartered at 390 Diablo Road, Suite 100, Danville, CA 94526. Company NMLS# 460151. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act (RMLA# 4150080). Private Mortgage Advisors, LLC is an FHA Approved Lending Institution, and is not acting on behalf of or at the direction of HUD/FHA or the Federal government.We offer many loan products, contact a representative to learn more. This is not a commitment to lend. Private Mortgage Advisors, LLC policy is to treat all applicants and borrowers in a fair and consistent manner and without regard to race, color, religion, national origin, age (provided the applicant or borrower has legal capacity to enter into a binding contract), sex, marital status, disability, familial status, receipt of public assistance, or exercise of rights under the Consumer Credit Protection Act, or any other prohibited basis identified under state law. © 2015 Private Mortgage Advisors, LLC. All Rights Reserved. PMA045.