Elevated mortgage rates drag down January home sales
California Association of Realtors News release
LOS ANGELES — California home sales retreated in January as the e ects of elevated interest rates depressed housing demand to the lowest level in more than a year, the California Association of Realtors recently reported.
Closed escrow sales of existing, singlefamily detached homes in California totaled a seasonally adjusted annualized rate of 254,110 in January, according to information collected by CAR from more than 90 local Realtor associations and MLSs statewide. The statewide annualized sales gure represents what would be the total number of homes sold during 2025 if sales maintained the January pace throughout the year. It is adjusted to account for seasonal factors that typically in uence home sales.
January’s sales pace fell from the 282,490 homes sold in December and was down 1.9% from a year ago, when a revised 259,160 homes were sold on an annualized basis. The January sales level was the lowest in 13 months, and the double-digit month-to-month sales decline was the biggest decrease in 30 months. The year-over-year decline was the rst in eight months.
Mortgage rates have been trending downward in the past four weeks since reaching their recent peak, which should help improve home sales moving forward. However, closed sales will likely remain so in February and March, particularly since the a ermath of the Los Angeles area wild res will continue to slow market activity in Southern California over the next few months.
The market has been extremely uid since the wild res began in the rst week of January. Closed sales in the six primary cities a ected by the res (Altadena, La Canada Flintridge, Malibu, Pasadena, Sierra Madre and Topanga) had dropped considerably from nearly 15 per week in the weeks ending Jan. 4 and Jan. 11, to just ve over the last two weeks of the month. That represents a nearly 70% cumulative decline in weekly sales volume from the start of January. Winter
is typically a slow time for the housing market in general, but this compares with sales that were up 2% cumulatively over the second half of January in the rest of the state (i.e., excluding Los Angeles County). With mortgage rates remaining elevated and the negative impact of the res likely to have an e ect in Southern California in the next few months, pending sales could remain so in the rst quarter of 2025.
“Home sales slowed last month, impacted by high mortgage rates and the devastating wild res in Southern California,” said CAR President Heather Ozur, a Palm Springs Realtor. “While sales are expected to remain so this month and next, it is encouraging to see an uptick in new listings as the market gears up for the spring homebuying season. The improvement in supply conditions will o er buyers more options to choose from and allow some demand to be ful lled as competition heats up in coming months.”
The January statewide median price decreased from December but continued to climb on a year-over-year basis for the 19th straight month. The January median price declined 2.6% from $861,020 in December to $838,850 in January and was up 6.3% from a revised $789,480 in January 2024. The acceleration in price growth is an indication that further price gain could still be observed in the coming months. The modest January price slip was due partly to seasonality and partly to a change in the mix of sales. Home prices could moderate further in February but should begin to climb in March as the market gears up for the upcoming spring homebuying season.
“A er dipping for the rst time in a year in December 2024, new active listings at the state level rebounded with the fastest year-over-year growth in nearly four years. While the number of newly listed properties is still below early 2020’s pre-pandemic levels, last month’s total marked a ve-year high for January,” said CAR Senior Vice President and Chief Economist Jordan Levine. “With
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mortgage rates remaining elevated since late 2022, many homeowners are coming to terms with the fact that 3% rates aren’t returning anytime soon. As a result, more sellers are deciding to list their homes on the market.”
Other key points from CAR’s January 2025 resale housing report include: At the regional level, raw sales in four of the ve major regions improved from a year ago, but the year-over-year growth rates in three regions were very mild. The Central Coast region continued to experience the largest sales gain from last year with a jump of 8.3%, followed by Southern California (1.8%),Central Valley (1.1%), and San Francisco Bay Area (0.2%). Sales of existing single-family
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All real estate advertising in this newspaper is subject to the federal Fair Housing Act which makes it illegal to advertise “any preference, limitation or discrimination based on race, color, religion, sex, physical handicap, familial status or national origin, or an intention to make any such preferences, limitation or discrimination.”
California also extends protection based on age and marital status. The Mountain Democrat makes every effort to comply with these federal and state regulations. We ask your assistance in maintaining an acceptable standard of advertising. While they may seem inconvenient at times, these laws are written to protect you, our readers and advertisers, as well as ourselves. This newspaper will not knowingly accept any advertising for real estate which is in violation of the law. Our readers are hereby informed that all dwellings advertised in this paper are available on an equal opportunity basis. For further information, you can call the Dept. of Fair Employment & Housing at (916) 445-9918 or the State Dept. of Consumer Affairs at (800) 344-9940.Note: Rental ads that contain the phrase “Single Occupancy” refer only to the physical characteristics of the dwelling and are not intended to state a preference of either marital or familial status.
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homes declined from a year ago in the Far North (-11.0%); it was the only major region with a dip in raw sales on a year-overyear basis. With many properties being destroyed by the wild res in the Los Angeles area at the start of the year, market activity in Southern California will likely remain slow in the rst quarter of the year but could gradually pick up once the spring homebuying season begins.
Twenty-seven of the 53 counties tracked by CAR experienced an increase in sales from a year ago, with sales in 17 of them surging by more than 10% on a year-over-year basis. Mono (250%) had the biggest sales jump from January 2024, followed by Lassen (157.1%), and Trinity (50%). Home sales
decreased from last year in 24 counties, with 13 of them falling by more than 10%. Mariposa (-66.7%) posted the biggest drop in January, followed by Amador (-47.4%) and Tehama (-46.2%).
At the regional level, all ve major regions in California experienced annual median price increases from a year ago in January. The Central Coast region recorded the largest growth from a year ago with a surge of 14.5%, followed by the Far North (10.7%).Southern California (7.7%), Central Valley area (4.3%) and the San Francisco Bay Area (2.3%) also registered price gains from last January, but their increases were more modest.
Home prices increased on a year-over-year basis
in nearly two-thirds of the California counties tracked, with January’s median sales prices rising from their year-ago levels in 34 of the 53 counties tracked by CAR. Mariposa (50.6%) recorded the biggest price growth of all counties last month with Del Norte (30.7%) and Plumas (23.8%) coming in second and third, respectively. Eighteen counties recorded a drop in their median prices from a year ago, with Mono falling the most at 62.8%, followed by Marin (-12.6%) and Siskiyou (-7.9%).
The statewide Unsold Inventory Index (UII), which measures the number of months needed to sell the supply of homes on the market at the current sales rate, rose both month over month and year over
year. The index was 4.1 months in January, up from 2.7 months in December and up from 3.2 months in January 2024. Active listings, in fact, grew at the fastest annual rate in two years and increased on a month-to-month basis at an unseasonably strong pace. The solid rebound in housing inventory was partly due to the recent slowdown in market activity, but a surge in newly added properties at the start of the year also contributed to the jump in supply.
At the county level, 45 of the 52 counties tracked by CAR registered an increase in new active listings from January 2024. Tuolumne gained the most on a yearover-year basis at a 110% increase, followed by Mono (100%) and Siskiyou (94.4%). Seven counties posted declines in new active listings from a year ago with Trinity (-44.4%) dropping the most, followed by Lassen (-31.3%) and Yolo (-19.3%).
The median number of days it took to sell a California single-family home was 35 days in January, up from 32 days in January 2024. CAR’s statewide salesprice-to-list-price ratio was 98.6% in January 2025 and 98.9% in January 2024. The statewide median price per square foot for an existing single-family home was $409, up from $385 in January a year ago.
The 30-year, xedmortgage interest rate averaged 6.96% in January, from 6.64% in January 2024, according to CAR’s calculations based on Freddie Mac’s weekly mortgage survey data.
that could catch re. Consider installing a spark screen to prevent embers from escaping and always keep a bucket of water or re extinguisher nearby.
Enhancing ambiance with seating and lighting
Creating a cozy atmosphere around your repit involves more than just the re itself. Comfortable seating is essential for making your outdoor space inviting. Choose weather-resistant chairs, benches or DIY log stools arranged in a circle to foster conversation. Ambient lighting from string lights, lanterns or solar-powered path lights can elevate the mood and extend the usability of your repit into the evening. Consider adding citronella candles or torches to keep insects at bay while enhancing the ambiance.
Visit eLivingtoday.com to nd more ideas to enhance your living spaces.
Photo courtey Getty Images
Residential Homes
Page 22-25
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All properties are listed by price, address, acreage, listing number, and the Realtor’s office number. If you would like more information about a property, call the relevant office number for that listing.
12601 Residential Homes
To find a property by geographic location, use the following reference table. Each category is separated by the zone number, type of real estate, and location in El Dorado County. Properties are sorted by price, in ascending value.
$349,000 3296 Paiute Ct 2 2 (2 0) 1135 0.3 225019666
$440,000 3040 Granada Ct #27 2 2 (2 0) 1237 0.07 224072578
1499 0.29 225017897
$570,000 2541 Knollwood Dr 3 2 (2 0) 1492 0.74 225018737
$598,000 3630 Millbrae Rd 4 4 (4 0) 2536 0.31 224058162
$599,000 2877 Osborne Rd 3 2 (2 0) 1617 0.35 225019367
12605 Latrobe, Shingle Springs South
12603 Shingle Springs
12701 Greater Placerville
12604 Rescue, Luneman
12702 El Dorado, Diamond Springs
12605 Latrobe, Shingle Springs South
12703 Pleasant Valley, Placerville South
12701 Greater Placerville
12704 Somerset, Mt. Aukum, South County
12702 El Dorado, Diamond Springs
12705 Coloma, Lotus
12706 Greenstone, Gold Hill West
12703 Pleasant Valley, Placerville South
12707 Mosquito, Swansboro
12704 Somerset, Mt. Aukum, South County
12801 Camino, Cedar Grove
12705 Coloma, Lotus
12802 Pollock Pines
12706 Greenstone, Gold Hill West
12803 American River Canyon
12707 Mosquito, Swansboro
12901 Georgetown, Garden Valley
12902 Cool, Pilot Hill
12801 Camino, Cedar Grove
12802 Pollock Pines
12803 American River Canyon
12901 Georgetown, Garden Valley
12902 Cool, Pilot Hill
12903 North County
$739,000 331 Nebbiolo Ct
$749,900 1564 Haydin
12601 RESIDENTIAL HOMES GREATER CAMERON PARK
$750,000 4004 Bari Dr
$785,000 102 Slate Ridge Ct
$785,000 2987 Beatty Dr
PRICESTREETADDRESSBDBASFACLISTING#OFFICE #
$599,000 3255 Topaz Ln 3 3 (3 0) 2176 0.08 225010432
650000416Oeste
Listed by Local Agents
422600
650000420Oeste 422600
This representation is based in whole or in part on data supplied by MetroList©. All information provided by seller/other sources has not been verified by broker. All interested persons should independently verify accuracy of above information. Copyright ©2002 – MetroList Services, Inc.
30050838530-677-7801
$795,000 432 Syrah Ct 3 2 (2 0) 2117 0.13 225016688
2300003394Cimmarron219800.01850028867916-933-1400
6500003617Ventana422600
30050824530-677-7801
$799,000 5510 Crimson Ct 3 3 (2 1) 2370 0.08 225015624
30050942530-677-7801
30050912530-677-7801
6500003625Ventana422600
5399003580Archetto
3220250.14050029654916-933-3998 5490003041Stanford 5230000.28050019188916-608-4563
5590003232Stonehurst3219580.16750016674916-879-0974
560000138Slate Ridge2226120.39650016111916-355-7000
5690003903Mossview4219300.26050027204916-939-5300
30050802530-677-7801
6500003637Ventana422600
50021477530-622-0131
$799,900 2484 Willowdale Dr
2650003529Ross 221664
$599,900 2642 Hastings Dr 4 2 (2 0) 1854 0.23 225018740
2799003293Amethyst211272
$625,000 3629 Cambridge Rd 3 4 (3 1) 2067 0.4 225009299
2999003381La Canada321210
$630,000 3262 Country Club Dr 4 3 (2 1) 2184 0.36 224107330
3119002693Hopi 221376
40074000530-677-7801
$820,290 1556 Seneca Cir
50014180916-933-4500
50028462916-452-4557
6500003638Ventana422600
$835,000 7010 Talmage Ct
30050871530-677-7801
224098418
6750003621Foxmore4228130.64650002498916-933-8700
3 (3 0) 2617 0.1 225004328
6900003329Covello
5750002056Bailey 3218670.50050029720916-774-6700
5750003015Merriam 4222000.30050026969530-676-2376
$844,474 8005 Fallview Way 2 2 (2 0) 2612 0.24 224132432
50028808916-939-5300
3245003262Heights Drive221506
$649,000 3397 Kimberly Rd 3 2 (2 0) 1756 0.47 225018905
3950002693La Canada321469
$649,000 2895 Knollwood Dr 4 3 (2 1) 2178 0.43 224125318
$685,000 3716 Toronto 3 3 (2 1) 1920 0.35 225010271
50015709530-672-4500
$844,670 1548 Seneca Cir 4 3 (3 0) 2468 0.1383 225012415
3970003141Modoc 3216330.33050015353530-676-8900
$849,000 3486 Montero Rd 4 3 (3 0) 2195 0.29 225015505
$845,000 3126 Aldridge Way
4095002417Sandpiper3216000.20050031732530-676-2354
4200003097Cambridge322188 50011310530-672-4500
$849,900 3041 Twin Oaks Rd 3 3 (3 0) 2171 0.37 224121367
5327480.30050030434916-239-4200 6990004076Plateau4332220.24050018785530-676-8600 747700548Crazy Horse4228240.51040078954530-676-8600 7690003565Sudbury3346241.06050011648530-295-8440 7990003445Raben
$848,000 3223 Haskell Way
4390003427Oxford 3216220.33050019552530-676-8600
$850,000 3379 Cambridge Rd 3 3 (2 1) 2593 0.29 225016334
$849,510 6281 Ottawa
4399003200United 321536 50024838530-677-7801
$874,900 3107 Camerosa Cir 4 3 (3 0) 3095 0.29 224111323
$855,000 2724 Dana Loop
4480003750Sheridan3217220.30050024081530-626-3333
4540003577Christa 321705 50033872916-404-2900
$875,000 3530 Fairway Dr 3 3 (3 0) 2634 0.3 225011179
225010665
225010486
3238000.23050026085916-965-3300 9600002521Greens Landing3235670.20040086632916-355-0202 9795003089Boeing 4444260.47950004750530-676-8600 12750004351McNeil 3226987.77050026561916-933-1400
225004511
$859,000 1534 Seneca Cir 3 3 (3 0) 1901 0.14 225009823
4655003451La Canada Dr.4219400.34050025853916-941-3830
$875,000 3530 Santos Cir 4 3 (3 0) 2651 0.42 224005025
5790004655Tramezzo3222500.29350029366916-393-0825 5900005013Taylor 3326160.17450033305916-939-5300
595000216Knapp 4224010.19050018827916-355-0202 5990003585Park 4329990.28050014496530-672-4500
5999002085Moonstone4325800.33550029586916-933-1400
5999993200Stanford 3229270.40050023977916-933-4500
6000003065Birmingham4220180.29150032628916-933-8700 6190001157Oak Tree422559 40082036916-933-1400
6190006036Brogan 4224500.19250032887415-867-2675
12602
$860,000 3362 Archetto Dr 4 3 (2 1) 2864 0.29 225017100
5000002438Mellowdawn3220120.24050004250530-676-8600
$899,000 3298 Veld Way 4 3 (3 0) 3243 0.24 225012698
$875,000 7061 Tarvisio Way
5100003623Kimberly4218660.34050023612530-676-8600
$950,000 3900 Rustic Rd 5 3 (3 0) 3041 0.45 225016879
$875,000 3067 Beatty Dr
5250003022Cayente4220880.18050018659530-672-4500
5390002535Country Club3324490.28050027400916-638-1177
$950,000 2565 Bertella Rd 4 3 (3 0) 3190 0.29 224132594
RESIDENTIAL HOMES EL DORADO HILLS
$875,000 9017 Bronzewing Pl
5390003452Cambridge3220720.34050020234530-672-4500
$998,000 3180 Woodleigh 4 2 (2 0) 2231 0.24 224153020
$875,000 202 Zenaida Ct
5390003460Orinda 4225000.33050019758916-774-6700
$999,000 3435 Cambridge Rd 4 3 (2 1) 3071 0.32 225004460
225014634
225007413
225001205
225001094
$875,000 9031 Longford Way 5 3 (3 0) 2936 0.26 224125918
5395003742Cambridge3328600.30050018639530-676-8600
$1,325,000 4701 Longview Rd 4 3 (2 1) 3181 5.31 225011353
$879,000 3309 Foxmore Ln
5590002837Maryetta3222640.75050011880530-676-9609
5600002855Knollwood3324140.33050024612530-676-9609
$1,549,000 3021 Robles Court 3 2 (2 0) 1334 10 225004313
$1,995,000 4560 Shingle
PRICESTREETADDRESSBDBASFACLISTING#OFFICE # 3190003903Hills 321475 50019361916-355-7000 3990002530Starmount3211040.22650027011916-933-4500 4250003780Park 221610 50027819530-676-8600 4299003754Park 221761 50018714530-672-7300
$879,510 6271 Sw Ottawa
$885,000 1621 Daunting Dr
5640003635Larkspur3224000.25050017057530-672-4500
5699003115Camerosa4335150.28050012540530-676-8600
225018381
4590002509Willowdale3216440.21050024996916-941-6777
$889,000 1633 Loma Verde Dr
5699503247rancho terra4220210.38250017066408-272-5109
5750003234Rancho Terra3220210.52850024391916-985-6380
$895,000 7045 Tarvisio Way
5890002996Twin Oaks4328200.37050029534530-676-8600
5990003611Ventana422595 30050993530-677-7801
5990003849Fairway3327370.34050015702916-771-9000
6499553273Oxford 3327220.44050006041530-676-8600
650000404Oeste 422600 30050755530-677-7801
4920003384Alyssum 4320100.20050026339916-223-8889 4950003482Patterson321724 50027290916-933-8700 499000604Guadalupe322100 50022167530-677-7801 4999001670Loma Verde3219970.25050014488916-933-8700 5090002101Wood Mar Drive3218260.30050029865916-941-6940
5149001630Wyndham3218490.28050033468916-939-5300
5149002603Hoffman 3219570.30050028634916-404-2900
5149004025Ironwood421733 50016786916-933-8700
5395002643Riviera 3221240.42050028486916-404-2900
629000506Prairie Falcon5333860.19150019418530-676-2376 6325001104Bevinger 3226590.21150027062916-939-6633
6350001636Daunting 4322850.15450022080530-672-4500
6350005049Mertola 332723 50014634916-939-5300
6450002290Summer 3327340.20150025702916-536-5200
6450005087Garlenda4327500.18150030695916-683-3250
648000515Borders 3224360.14050031968916-681-5112
6490002083Brook Mar4328080.30040082404916-933-1400
6490004213Weathervane4332290.24050022758916-941-9815
6490004556Dunnwood5331980.19850031461916-985-2255
6490006029Brogan 3226000.20450016813916-404-2900
6495003028Birmingham4224570.26850032447530-295-8440
6499003953Moraga 4327620.20050031755916-933-8700
6500003424Birmingham4223340.31250029475916-933-8700
6550007157Cinnamon Teal5332510.19850001066916-933-4500
6699002513Lakeridge Oaks4325890.50050030411916-933-8700
6745003697Waldwick3223800.27650026012530-672-7300
6749501654Daunting 4229000.15550031792530-672-7300
6750004228Weathervane4332920.32950027910916-933-4500
6750006030Brogan 432990 50023624916-218-7500
$1,820,000 683 Encina Dr 5 6 (3 3) 4168 0.33 224130673
$1,899,000 4181 Hawk View Rd 3 2 (2 0) 1430 9.37 224117881
$1,899,000 3350 Greenview 5 5 (4 1) 4889 0.45 224037717
$2,195,000 6009 Aldea Dr 4 4 (3 1) 3835 0.56 225003890
$2,275,000 280 Powers Dr 4 5 (4 1) 5300 0.46 225004035
$2,275,000 3741 Greenview Dr 4 5 (4 1) 4766 0.48 224153782
$2,295,000 7488 Sangiovese Dr 4 5 (4 1) 5246 0.69 224083380
$2,339,900 4940 Greyson Creek Dr 3 5 (4 1) 3615 0.58 224131742
$2,479,000 3944 Errante Dr 4 6 (4 2) 5272 0.55 224126838
$2,589,000 5186 Breese Cir 4 6 (3 3) 5721 0.36 224088487
$2,595,000 280 Bronzino Ct 5 5 (3 2) 4239 0.63 224132098
$2,599,000 4185 Greenview Dr 5 5 (4 1) 5250 0.61 225003593
$2,899,000 376 Crivelli Ct 6 5 (5 0) 4976 0.44 225017949
$2,950,000 4991 Greyson Creek Dr 5 6 (5 1) 4013 0.9 225017356
$3,099,000 5011 Greyson Creek Drive 4 6 (5 1) 4865 0.46 224152888
$3,199,000 200 Powers Dr 5 6 (4 2) 5705 0.73 225015345
$3,199,000 4901 Greyson Creek Dr 4 5 (4 1) 4398 0.49 224088836
$3,370,000 4160 Raphael Dr 5 7 (6 1) 5379 0.52 224131538
$3,398,000 1401 Fredlena Way 4 4 (3 1) 5020 3 225015384
$3,499,000 6325 Western Sierra Way 5 6 (5 1) 4369 0.69 225001057
$3,575,000 4240 Raphael Dr 5 6 (5 1) 5319 0.54 224112589
$3,598,000 295 St Regis Ct 5 5 (4 1) 5071 0.59 224120522
$3,995,000 4200 Raphael Dr 5 7 (5 2) 6163 0.54 224131386
$4,350,000 500 Achilles Ct
4 (4 0) 4943 1.7 225003780
$4,750,000 1000 Aqua Haven Ct 4 6 (4 2) 6400 5.01 224094194
12603 Residential Homes
sHinGle sPrinGs
12605 Residential Homes
latrobe/sHinGle sPrinGs soutH
$1,775,000 8109 Bridger Ln 4 4 (4 0) 3998 1.16 225000477
$1,775,000 8076 Bridger Ln 4 4 (3 1) 3922 1.06 224153666
$1,790,000 8118 Bridger Ln 4 4 (3 1) 4043 1 224153669
$2,000,000 5350-5352 Banbury Cross Rd 5 4 (3 1) 3315 40 225002701
12604 Residential Homes resCue/luneman PRICE STREET ADDRESS BD. BA. SF ACRES LISTING#
$375,000 1354 Lila Ln 2 1 (1 0) 648 0.51 224106605
$499,000 2396 Ponderosa Rd 3 2 (2 0) 1501 0.47 225019494
$650,000 4309 Alazan Rd 3 2 (2 0) 1347 5 225019316
$775,088 1401 Big Curve Ct 3 3 (3 0) 1825 5.02 225015656
$824,900 3472 See View Court 4 3 (3 0) 2288 10 225020804
$1,000,000 2700 Pawprint Path 3 2 (2 0) 2040 50.32 225009204
$1,050,000 4261 Meadow Cir 4 3 (2 1) 2417 5 225015068
12701 Residential Homes
Greater PlaCerville
Residential Homes
$785,000
$899,000
$999,000
$1,199,999
$1,425,000
$1,495,000
Coloma, lotus
12705 Residential Homes
$569,000 4891 Heavens Ct 3 2 (2 0) 1520 5.06 224129245
12706 Residential Homes
Greenstone, GolD Hill West
12707 Residential Homes
mosquito, sWansboro
12801 Residential Homes
Camino, CeDar Grove
12802 Residential Homes
PolloCk Pines
$465,000 5834 Fallen Oak Trl
$475,000 2900 Shady Ln
$475,000 6676 Onyx Trl
Fees, and Guidelines are subject to change without notice. Restrictions apply. Not a commitment to lend. Land Home only conducts business in states we are approved to. Land Home Financial Services 3420 Coach Lane, Suite 15, Cameron Park, CA 95682. NMLS #705400. Licensed by the Department of Business Oversight under the California Finance Lenders law - #6073455. CA Department of Business Oversight - 866-275-2677. California - Bureau of Real Estate Branch Of ce License Endorsement #00988341 1-2025
PLACERVILLE $399,500
Only a Five minute walk to the historic town of Placerville. If you work at Marshal hospital it is only a 2 minute commute. This 3 bedroom 2 bath home, has been freshly updated. The owners have installed a mini/split ductless HVAC system in all rooms, they have replaced the windows with energy efficient dual pane windows, Replaced the flooring, remodeled the hall bathroom, repainted the interior, and added a retaining wall to the front of the home. Warm yourself by the cozy brick fireplace with a wood burning insert. There is plenty of parking in the drive way and in the detached 2 car garage. Rear yard is fully fenced. Hurry, this may not last.
IMAGINE YOURSELF IN THIS STYLISH, EXTRAORDINARY HOME