Fall Real Estate 2012 - Section 2 by Palo Alto Weekly

2012

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Peter Duxbury

)*() &/% ."3,&5 (0&4 (-0#"REALTORS CAST THEIR NETS WIDER TO FIND RIGHT BUYER by Kate Daly

he high-end housing market has gotten so global these days, local Realtors say they now have to spend tens of thousands of dollars on multi-media campaigns both here and abroad to gain maximum exposure for their property listings.

Top: A home at 437 Whiskey Hill Road in Woodside was initially listed at $17.5 million, but has dropped to $15.995 million. The property includes a 5,851-square-foot English country manor as well as two guest cottages, a pool and a vineyard on more than 6 acres. Above: Villa Lauriston, a 28.5 acre estate at 5050 Alpine Road in Portola Valley, is on the market for $15.95 million, down from $20 million last year. Page 33 I Fall Real Estate Special Section

In the $15 to 20 million-dollar home range, â&#x20AC;&#x153;the pool of buyers is very limitedâ&#x20AC;? and increasingly coming from overseas, according to Steve Gray with Coldwell Bankerâ&#x20AC;&#x2122;s Woodside office. In the past year heâ&#x20AC;&#x2122;s had clients flying in from Shanghai and Beijing to look at the property he has listed at 437 Whiskey Hill Road in Woodside. Built in 2001, the 5,851square-foot English country manor features two guest cottages, a pool and a vineyard on more than 6 acres. The asking price was initially $17.5 million and has dropped to $15,995,000. He says pricing an estate like this â&#x20AC;&#x153;is very, very dif(continued on page 36)

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Co-listed with DAVID BERGMAN DRE# 01223189

Co-listed with LINDA TATUM DRE# 01233773

LOS ALTOS HILLS

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Page 34 I Fall Real Estate Special Section

Fall Real Estate Special Section I Page 35

SPRING REAL ESTATE 2012

R. Gage Marketing Services R. Gage Marketing Services

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Coldwell Banker agent Lyn Jason Cobb recently sold her grandparents’ property at 69 Isabella Ave. in Atherton for close to the asking price of $18 million. The 3-plus acre property included a four-bedroom, four-and-a-half bath stucco house, Thomas Church-designed gardens, a pool, pool house and tennis court.

High-end market (continued from page 33)

in The Almanac, Palo Alto Weekly and Gentry magazine. Both Realtors use Luxuryhomemagazine.com and LuxuryRealEstate.com Magazine’s online and Internet versions to promote their properties. When properties are listed on the Multiple Listing Service (MLS) they are automatically linked to other real estate

R. Gage Marketing Services

ficult” because appraisers like to look at comparable sales over the past three months, and “typically” houses in this range will take a year or more to sell. Lately Gray has noticed “a lot of Asians” are flocking to the area to find “a very large home, and something ornate.”

They’re buying “trophy properties, a second, or third home” and perhaps a place to bring their children to get educated in the U.S., said Ken DeLeon with DeLeon Realty in Palo Alto. The Wall Street Journal recently ranked him as the top selling agent in this country. For the last two years DeLeon has been placing full-spread color ads in Hong Kong and Mainland China newspapers and Mandarin publications in the Silicon Valley, in addition to advertising

(continued on page 38)

12227 Colina Way Los Altos Hills This peaceful retreat offers an entertainers patio with sparkling pool and hot tub surrounded by palm trees in a lovely and private setting on an acre+/- lot. This 3 bedroom, 2 bath single level home (with separate 1bed/1bath apartment) offers a flexible floorplan with multiple doors leading out to patio. 11 garage spaces - the collector dream. Light and bright living room features fireplace, hardwood floors, and vaulted beam ceilings. Conveniently located approximately 5 minutes east of 280 yet a quiet cul-de-sac location. Offered at $2,295,000

Page 36 I Fall Real Estate Special Section

SOLD [fÆe Tge[`Wee Se gegS^ FOR SALE

COWPER STREET PALO ALTO

REPRESENTING THE SELLER

SOLD

RAMOSO ROAD PORTOLA VALLEY REPRESENTED THE BUYER

POSSUM LANE PORTOLA VALLEY

REPRESENTED THE SELLER

SALE PENDING

FELTON DRIVE MENLO PARK

REPRESENTING THE SELLER

SOLD

REPRESENTED THE BUYER

FOR SALE

PALO ALTO AVENUE PALO ALTO

REPRESENTING THE SELLER

SOLD

GOLDEN OAK PORTOLA VALLEY

SOLD

BYRON STREET PALO ALTO

REPRESENTED THE BUYER

SANTA CRUZ AVENUE MENLO PARK

REPRESENTED THE SELLER

SOLD

WINDSOR WAY MENLO PARK

REPRESENTED THE BUYER

SOLD

REPRESENTED THE BUYER

SOLD

OAK KNOLL LANE MENLO PARK

MONTEREY DUNES CASTROVILLE

REPRESENTED THE BUYER

SOLD

WISTERIA LANE PALO ALTO

REPRESENTED THE SELLER

REPRESENTED THE BUYER

SOLD

ALPINE ROAD MENLO PARK

SERVING YOUR NEIGHBORHOOD MENLO PARK ATHERTON PALO ALTO STANFORD WOODSIDE PORTOLA VALLEY LOS ALTOS LOS ALTOS HILLS

SOLD

SANTA CRUZ AVENUE MENLO PARK

SOLD

HERMOSA WAY MENLO PARK REPRESENTED THE BUYER

monicacormanbroker DRE #01111473

mcorman@apr.com

650.543.1164 monicacorman.com Fall Real Estate Special Section I Page 37

FALL REAL ESTATE 2012

1144 CASTLE WAY, MENLO PARK

alk to Downtown Menlo Park from this stunning 5 yearold custom built house on one of Central Menlo Park’s most coveted cul-de-sacs! Exceptional quality materials, moldings, paneling, fixtures and designer finishes are used throughout the sun-filled home. Soaring ceiling welcome you. French doors opening up to the sunny private yard create the ultimate atmosphere for entertaining and indoor/outdoor living. This home features 6 Bedrooms, 5 Bathrooms on 3 levels. Gourmet Kitchen. Large bright basement with high ceilings, spacious light well with stairs to main level, and flexible space for media, gym, nanny, etc. Lot size is just under 10,000 sf. Ideal location a short walk to Downtown Menlo and parks, and minutes to Stanford, schools and dowtown PA. Excellent Menlo Park schools. This home has it all!

$4,998,000 View Virtual Tour at 1144Castle.com

760 MONTE ROSA DR., MENLO PARK

harming remodeled home in Sharon Heights, tucked away in a lush, private setting on a beautiful 14,518 sf lot. The main house has 3 bedrooms, 2 baths and a sunny great room with vaulted ceilings and French doors opening up to the back yard. There is also a detached guest house with bedroom and full bath. Move right in now, and room for expansion in the future! The location of this home is also ideal -- short walk to shopping, parks and schools, and close to commute routes. Outstanding Las Lomitas schools!

$1,998,000 View Virtual Tour at 760MonteRosa.com SALES in past year: *Cowell Lane, Atherton -- Offered at $6,980,000 -- Sold off market -- Represented Buyer *Dana Ave., Palo Alto -- Offered at $3,368,000 -- Sold off market -- Represented Seller *Emerson St., Palo Alto -- Offered at $3,495,000 -- Multiple offers -- Represented Buyer *Menlo Oaks, Menlo Park -- Offered at $3,695,000 -- Represented Buyer *North Castanya, Portola Valley -- Offered at $1,449,000 -- Multiple offers -- Represented Buyer *Gabarda Way, Portola Valley -- Offered at $1,688,000 -- Sold off market -- Represented Seller

STEPHANIE SAVIDES

*Yale Rd., Menlo Park --Offered at $2,295,000 -- Multiple offers -- Represented Buyer

Broker/Owner/ Attorney DRE #01177101

650.464.3581

SavidesRealEstate.com

stephanie.savides@gmail.com Alumni

Page 38 I Fall Real Estate Special Section

The Villa Lauriston property features seven bedrooms, eight bathrooms, two swimming pools, a tennis court, vineyard and a guest cottage.

High-end market (continued from page 36)

websites such as Trulia or Zillow where Gray says he receives “traffic counts” to indicate how many people are looking at his listings. In the case of Zillow he pays for his own display ad to attract customers. Realtors often create individual websites to showcase each property. The sites usually include virtual tours accompanied by music, and sometimes videos that are posted on YouTube, too. DeLeon says he is “upping the game” when it comes to producing property videos to appeal to Silicon Valley with its “strong relocation market, people coming from overseas and high-end tech centers.” He will spend $12,000 to bring in a camera, sound and lighting crew and an Emmy Awardwinning director to shoot and create a video to post online. DeLeon also packages the video on DVD and sends it out to several thousand people he describes as his “network of clients, Facebook, LinkedIn, early Googlers, venture

over the years. Listed in March for $18 million, the remaining 3-plus-acre parcel features a stately stucco house with four bedrooms and four-and-a-half baths that was built in the 1960s, Thomas Church-designed gardens, a pool, pool house and tennis court. Since June Cobb says she has shown the property by appointment only to “40 to 50 qualified buyers.” Some “are out of the area people coming here to make a statement.” Others are from San Francisco or “people looking to move up in Atherton” to higher priced homes, she said. The property closed in late September for close to the asking price, Cobb stated in an email. Realtor Brian Chancellor with the Sereno Group in Palo Alto is co-listing Villa Lauriston, a 28.5-acre estate located at 5050 Alpine Road in Portola Valley. He calls his partnership with an affiliate of Christie’s International Real Estate based in Beverly Hills “wonderful” in terms of helping expose the property to more potential upscale clients. “This is a one-of-a-kind property that has unique architecture based on a Florentine vil-

Ken DeLeon will spend $12,000 to bring in a camera, sound and lighting crew and an Emmy Award-winning director to shoot and create a video to post online. capitalists, ... people in private equity.” A 24-page color brochure may go out in the mailing, as well. Some clients, however, want to protect their privacy and opt for selling off-market rather than on the MLS. DeLeon said he’s spent more than $10,000 to put on a private showing for a select group of maybe 200 real-estate brokers, bringing in a band, champagne and caterers to help spread the word that a house is for sale. “More than 80 percent of the people looking for properties are looking on the Internet,” said Menlo Park-based Coldwell Banker agent Lyn Jason Cobb. She deliberately chose the MLS to sell her grandparents’ and parents’ place at 69 Isabella Ave. in Atherton because “I wanted to expose it to as many agents as possible to see a grand estate.” Originally part of a 50-acre spread with expansive gardens, three stables, a racetrack and polo field, the property has been subdivided

la,” he said. Reportedly built in 1926 by more than 100 craftsmen from around the world, the house has seven bedrooms and eight full bathrooms, two swimming pools, a tennis court, vineyard, guest cottage and an eightcar garage, but “as luxurious as it is, it’s not ostentatious,” he adds. The current asking price is $15,950,000. Before Chancellor took over the listing in June of 2011, the property was offered at $20 million. “People have to be vetted or they don’t get appointments,” he said. He has had 15 or so showings to both international clients and local buyers, some of whom have seen it multiple times. “We’ve had fundraisers there with highly regarded nonprofit organizations, and that’s a unique opportunity,” Chancellor said, but even with that kind of large-scale entertaining built into the marketing plan, “you always expect some time for a property to sell because you’re looking for the right buyer.” N

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ATHERTONTUSCANVILLA.COM

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Fall Real Estate Special Section I Page 39

FALL REAL ESTATE 2012

8IBUµT IBQQFOJOH IFSF AN UPDATE ON NEW HOMES IN THE AREA by Lisa Kellman

everal housing communities are nearing completion in Palo Alto and Mountain View, with the next phase of construction beginning soon. Here is a taste of what’s nearby:

Veronica Weber

Name: Elevation Palo Alto Address: 3432 Alma Village Lane, Palo Alto Project description: Elevation Palo Alto, from the D.R. Horton Built for Better Living(r) brand of energy-efficient homes, currently has five “quick move-in” homes, four not-yet-finished homes, and four not-yet-started homes available for purchase. When completed, the community will consist of 37 two- and three-story homes ranging from 1,754 to 2,368 square feet. The homes have three to five bedrooms and up to 3.5 baths. Mikki’s Farm Fresh Market is currently under construction on Alma, directly in front of the Elevation property. Developer: D.R. Horton Price: $1,499,880-$1,599,880 Information: www.drhorton.com/elevation

Name: Mondrian Address: 465 Chagall St., Mountain View Project description: Shea homes had only one home left in its sixbuilding Mondrian community in late September. Located minutes from downtown Mountain View, the Mondrian community offers three-story condominiums with three different floor plans to choose from. The final 18-20 unoccupied homes will be ready for move-in in the next four months. All condos have three bedrooms and 3.5 baths and range from 1,548 to 1,637 square feet. Developer: Shea Homes Price (of last home): $798,000 Information: www.sheahomes.com/community/mondrian

Michelle Le

Name: Classics at Station 361 Address: 209 W. Evelyn Ave., Mountain View Project description: Phase One of Classics at Station 361 is complete with 29 two-story homes. Nineteen of these two-, threeand four-bedroom homes have been sold, two are available for purchase, one is on hold, two are not released for sale yet and the rest are currently being used as model homes and the sales office. Phase Two is expected to break ground in January and some homes completed by June. When finished, the Classics at Station 361 will have 65 homes. Developer: Classic Communities, Inc. Price: $1,099,900-$1,475,900 Information: classiccommunities.net Michelle Le

Page 40 I Fall Real Estate Special Section

E X C L U S I V E P R O P E R T Y F O R S A L E I N AT H E R T O N Built b y P a c ific P eninsula Gro up

7 FA X O N F O R E S T, AT H E R T O N

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LANCE FREEMAN

650.888.7513

W W W . PA C I F I C P E N I N S U L A . C O M DRE# 01046732

Fall Real Estate Special Section I Page 41

FALL REAL ESTATE 2012

Veronica Weber

The Caroma Smart toilet and hand washstand combination allows for fresh water for hand-washing that flows into the tank to flush the toilet.

Veronica Weber

Key features of a green home could include concrete floors — made with 50 percent slag and fly ash — major use of sunlight as the primary heat source in winter and super insulation to conserve heat.

%PFT JU QBZ UP HP HSFFO STUDY SUGGESTS A ‘PRIUS EFFECT’ DRIVES VALUE FARTHER UP

Page 42 I Fall Real Estate Special Section

by Dean McArdle aking your home a little more green can do more than just score points with Mother Nature. It also might put some more green in your pocketbook, a University of California team of researchers suggest. The study, led by Matthew Kahn of UCLA and Nils Kok of UC Berkeley, analyzed the values of the more than 1.6 million homes sold in California between 2007 and 2012. Their results suggest that a home with a green label averages a 9 percent higher sale value than its counterparts. “The big question for homeowners and investors, is whether constructing a green home actually pays,” Kok said in a phonein media conference. “If we think about the financial benefits of a green label financially, it far outweighs the cost for developers.” Green labels, which are given by outside agencies based on a home’s efficiency score, could have large implications for the

Palo Alto area, by means of what Kok dubbed “the Prius effect.” During their research, the team controlled for as many variables as possible within the housing market. This meant factors such as location, vintage, size and major amenities such as a pool or beautiful view. One of these factors, location, wound up playing a large role in their findings. As the old real estate phrase “location, location, location” would suggest, the area surrounding a home can play a major role in its worth. For the study, the environmental culture of the area became the key factor. Kok and his team sought to identify and control for areas of high environmental awareness by studying the annual number of hybrid-vehicle registrations. What they discovered is that in areas with a large number of hybrid-vehicle registrations each year, a green home label is actually worth much more than the average 9 percent. While Kok did not specifically name Palo Alto, a 2009 study also conducted by Kok’s associate, Kahn, showed that California’s hybrid registrations were disproportionately concentrated in the San Francisco Bay Area. “Buyers in areas with a strong environmental ideology were willing to pay more for a green label than buyers in areas with less of an environmental ideology,” Kok said. The study’s synopsis went further, offering a possible explanation behind the results. “This correlation suggests that some homeowners

may attribute value to qualities associated with owning a green home, such as pride or perceived status.” Whatever the motivating factor, these results suggest that homes in Santa Clara or San Mateo counties with a green label could receive a more than 10 percent boost in value. Furthermore, Kok and Kahn identified that during the course of their research, the value of a green label increased, meaning that a green label raised a home’s value more in 2012 than it did in 2007. “The value of these green labels seems to (have) gone up in the recent years,” Kok said. “Part of this seems to be driven by energy savings, but certainly consumers are paying for more than just energy savings alone.” Energy savings proved to be a major contributing factor in the regions without large numbers of hybrid registrations, which still put more value on a green label. The researchers found that climate, specifically areas with hot summers, displayed an increased value in green-labeled homes similar to areas within the “Prius effect.” While energy savings could have been a contributing factor to the value of green-labeled homes in hot areas, Kok pointed out that the average utility savings homeowners receive by making their homes green will not pay back the costs of energy-efficient construction. According to the researchers, this suggests that homeowners do not build green homes for energy savings alone, but rather ideological reasons.

FALL REAL ESTATE 2012

A GOOD REALTOR... Listens carefully Communicates honestly Is responsive and resourceful Provides data to inform your decisions Works diligently until your goals are achieved AZg]e^l Zee ma^ ]^mZbel _khf lmZkm mh Ûgbla Ng]^klmZg]l maZm bm l Zee Z[hnm you

COLLEEN FORAKER

colleen Realtor ® 650.380.0085 foraker Veronica Weber

colleen@colleenforaker.com ColleenForaker.com DRE# 01349099

An induction cooktop uses electromagnetic induction to heat faster and shorten cooking time.

Veronica Weber

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The research team also laid out the value of a green label in dollar amounts. To start, the researchers used the average sales price of a non-labeled home in California, $400,000. Applying the average value of 9 percent, a green label would provide a boost in value of $34,800. Next, the team compared that to the cost of building a home with a green label. “If we think about construction costs for a more efficient home,” Kok said. “We know anecdotally, that if you construct a home that is about 35 percent more efficient, the cost to get to that level is about $10,000.” By comparing those two numbers, Kok and his team suggested that for the average home, a green label would increase its value by around $25,000. However, most homes in the Palo Alto area are not what one would consider an average home. According to Multiple Listing Service data published by Realtor Michael Talis, of Coldwell Banker, Los Altos, the average sales price of a Palo Alto home sold in August was $2,014,540. Applying the 9 percent boost from a green label would, theoretically, add an additional $181,308 in value. And that is not factoring for the “Prius effect.” n

Palo Alto

Atherton

Portola Valley

Menlo Park Fall Real Estate Special Section I Page 43

Page 44 I Fall Real Estate Special Section

Not shaken. Not stirred. With no disruption of their happy lifestyle, Kerwin & Associates, through their exclusive real estate network, routinely work with clients to sell their homes off-market ensuring privacy and no disruption to their daily life, the Gibsons got top-dollar for their home in one week â&#x20AC;&#x201D; thanks to Kerwin & Associates.

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For those with uncompromising standards, Kerwin & Associates offers local real estate services of the highest quality.

Terri Kerwin

1150 El Camino Real a Ste 200 Menlo Park, CA U 650-473-1500 U www.kerwinassociates.com

Fall Real Estate Special Section I Page 45

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Fall Real Estate Special Section I Page 47

Midtown Realty, Inc. Real Results, Real Estate º ÀÊ ÀiÊÌ > ÊxäÊÞi>ÀÃ]Ê `Ì Ü Ê,i> ÌÞÊ >ÃÊLii Ê >ÃÃ ÃÌ }Ê ÌÃÊ i } L ÀÃÊ> `ÊvÀ i `ÃÊÜ Ì Ê iÊ vÊÌ iÊ ÃÌÊ « ÀÌ> ÌÊ«ÕÀV >ÃiÃÊ ÊÌ i ÀÊ vioÊÌ i ÀÊ itÊ ÌÊ `Ì Ü Ê,i> ÌÞ]ÊÜiÊ>ÀiÊ`i` V>Ìi`ÊÌ ÊÜ À }ÊÜ Ì Ê «i « i]Ê ÌÊV i ÌÃ°Ê7iÊÃi Ê iÃ]Ê ÌÊ ÕÃiÃÊ> `Ê *> Ê Ì Ê ÃÊ ÕÀÊ i]Ê ÌÊ>ÊLÀ> V Ê vwÊVi°Ê9i>ÀÊ>vÌiÀÊ Þi>ÀÊ«i « iÊÌÀÕÃÌÊÕÃÊÌ Ê i «ÊÜ Ì ÊÌ i ÀÊ ÃÌÊ « ÀÌ> ÌÊ ÛiÃÌ i Ì]ÊÌ i ÀÊ i°Ê9 ÕÊÌ ÊV> ÊV Õ ÌÊ ÊÕÃÊv ÀÊ > ÊÞ ÕÀÊÀi> ÊiÃÌ>ÌiÊ ii`Ã°Ê ÛiÊÕÃÊ>ÊV> ÊÌ `>Þ°»

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SOLD

Tom Foy

Tim Foy

Owner

Broker

Molly Foy Rich

Jane Volpe Realtor/MBA

Realtor

Leslie Zeisler Realtor ®, SRES, AHS

SungHee Clemenson

Lisa Knox

Yamei Lee

Joann Weber

Realtor

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a p r. c o m T h e r e i s a s p ir i t t h a t d i s t in g ui s h e s u s . To g e t h e r w e s e e k b o l d inn ova t i o n s in th e way we manag e t e c hn olo g y, or ganize our c omp any a n d a d van c e t h e s t a n d a r d s o f o ur in d u s t r y.

Guetzal Grimm 650.400.7879 quetzal@apr.com

WOODSIDE – Stunning home evokes all the Diane Chesler 650.888.7899 dchesler@apr.com

appeal of a rural European Villa, yet is moments to town. 3+/- beautifully landscaped acres, exceptional main residence.

Offered at $13,000,000

Maaike Neves 650.361.1254 mneves@apr.com

SOLD

Rich Bassin 650.400.0502 rbassin@apr.com

ATHERTON – Listed, sold and closed in under a month! Lovely 4bd/4ba, 3740+/-sf home on 1+acre. Great floor plan with large yard and pool for entertaining.

Offered at $5,500,000

ATHERTON – Custom built in 2003 of incredible construction. 2-levels with 5bd suites. Chef’s kitchen, library, elevator, private well, pool. Gated flag lot with 1.1+/-ac of landscaped grounds. Offered at $8,495,000

COMING SOON

Joe Parsons 650.279.8892 joeparsons@apr.com

MENLO PARK – Lovely 5+bd/6ba home. 5700+/-sf living space on a 12,400+/-sf lot. 3 levels of quality construction. Oak Knoll/ Hillview/MA schools. Est completion 4/13.

Offered at $5,500,000

COMING SOON

Chris Anderson 650.207.7105 canderson@apr.com

Ellen Ashley 650.888.1886

WOODSIDE – Located on a flat 3+ac site this home offers many desirable features. Main residence + 2bd/2ba GH. Tennis court, barn, private well for irrigation.

Offered at $5,495,000

eashley@apr.com

WOODSIDE – Beautiful setting with sweeping views from this extraordinary 7.7+/-acre property featuring an updated main home, guest cottage, pool and tennis court.

Offered at $3,995,000

Joe Merkert 650.387.5464 jmerkert@apr.com

SOLD

Rich Bassin 650.400.0502 rbassin@apr.com

ATHERTON – One of the best in Lindenwood. Appealing Cape Cod-style home, gorgeous landscaping, vaulted ceilings, great cook’s kitchen, family room and library.

Offered at $3,600,000

SOLD Mary Merkert 650.387.5464 mmerkert@apr.com

MENLO PARK – Located on a quiet cul-de-sac in the heart of West Menlo Park. 3900+/-sf of living space. 5bd/3.5ba with pool. Menlo Park schools.

Offered at $3,300,000

Kyra Gebhardt Nelson 650.740.1811 kyra@apr.com

Monica Corman 650.595.1164

PALO ALTO – Stunning, modern 2-story

PALO ALTO – Remodeled 4bd/3ba with

home built in 2007. 3bd/2.5ba + office and den. Separate 2bd/2ba bungalow with vintage appeal. Prime street in downtown PA.

Jami Arami 650.400.5855 jarami@apr.com

Offered at $2,850,000

mcorman@apr.com

fantastic open layout and lovely, private yard in sought aftter neighborhood, just moments to downtown. www.1131Lincoln.com

Offered at $2,550,000

SALE PENDING

Ellen Ashley 650.888.1886 eashley@apr.com

Monica Corman 650.595.1164

PORTOLA VALLEY – Magical .53+/-acre with dazzling views of Windy Hill. 4bd/3ba contemporary home has 2830+/-sf living space and walls of windows to enjoy views.

Offered at $2,395,000

mcorman@apr.com

MENLO PARK – This one-level 4bd/3.5ba home on a .25 acre lot was completely remodeled and expanded in 2006. The well-landscaped grounds include a pool.

Offered at $2,295,000

Joe Merkert 650.387.5464 jmerkert@apr.com

SALE PENDING

Jayne Williams 650.906.5599 jaynewilliams@apr.com

WOODSIDE – In the heart of Woodside, close to Roberts and the Elementary school, this 1.5+/-acre lot features a 2bd/2ba home and a separate 1bd cottage.

Offered at $2,195,000

Mary Merkert 650.387.5464 mmerkert@apr.com

MENLO PARK – Felton Gables charmer. 3bd/2ba home on a 10,340+/-sf lot with expansion possibilities. Move-in condition. Menlo Park schools.

Offered at $2,145,000

Quetzal Grimm 650.400.7879 quetzal@apr.com

JUST LISTED Diane Chesler 650.888.7899 dchesler@apr.com

David Barca 650.704.9019

REDWOOD CITY – Dramatic 4bd/4ba home on a peaceful hilltop setting. High ceilings and walls of glass capture beautiful views, natural light. Scenic gardens, hot tub.

dbarca@apr.com

Offered at $2,099,000

WOODSIDE – A “10” for style, value! Gated entry to tranquil 6+acre retreat. One-level custom contemporary with 4bd/4ba. Pool on flat, fenced 2+/-acres.

Offered at $1,850,000

JUST LISTED

Mary Gilles 650.814.0858 mgilles@apr.com

COMING SOON

Elyse Barca 650.743.0734

MENLO PARK – This charming 3bd cottage in Allied Arts has been lovingly restored while maintaining its original character. Expansive rear yard + bonus room behind garage.

ebarca@apr.com

Offered at $1,575,000

ATHERTON – Best buy in Atherton! 3bd/2.5ba rancher with family room and separate dining room in private park-like setting. Possibilities galore.

Offered at $1,400,000

SOLD

Imogene Chancellor 650.799.5565 ichancel@apr.com

PALO ALTO – Bright 3bd/2ba Barrett & Hilp home. Light-filled LR. Expansive rear patio and garden. Newly remodeled granite kitchen & bathrooms.

Offered at $1,395,000

Maaike Neves 650.361.1254 mneves@apr.com

WOODSIDE – Majestic country setting, this lovely 4bd/2ba home sits on 3/4 acre+/- with fenced pool and bocce court. Portola Valley schools.

Offered at $1,375,000

Joe Merkert 650.387.5464 jmerkert@apr.com

SOLD

SOLD MENLO PARK – Desirable Stanford Hills Mary Merkert 650.387.5464 mmerkert@apr.com

neighborhood. 2130+/-sf home with 3bd/2ba on a 10,100+/-sf lot. Pool. Las Lomitas schools. Close to Stanford and 280.

Offered at $1,350,000

Marybeth Dorst 650.245.8890 mdorst@apr.com

MENLO PARK – Townhome at back of small complex.2 blocks to downtown. Exquisitelyremodeled. Private, wrap-around garden with sunny deck. Represented Buyer.

Offered at $1,275,000

Joe Merkert 650.387.5464 jmerkert@apr.com

SOLD

SOLD MENLO PARK – Fabulous townhome on Mary Merkert 650.387.5464 mmerkert@apr.com

fairway of SHGCC. 3bd/2ba with 2120+/-sf of living space. Remodeled kitchen and bath. Las Lomitas schools.

Offered at $1,250,000

Nancy Palmer 650.492.0200 npalmer@apr.com

SAN CARLOS – Traditional 3bd/2ba home has partial Bay views from the master bedroom. Living room with fireplace, large kitchen. Beautifully landscaped front & rear gardens.

Offered at $999,950

Joe Merkert 650.387.5464 jmerkert@apr.com

SOLD

MENLO PARK – Fairway retreat. This first floor Mary Merkert 650.387.5464 mmerkert@apr.com

Wayne Rivas 650.740.5746 wrivas@apr.com

2bd/2ba with den condominium is located in the exclusive, gated community of Sharon Heights. Las Lomitas schools.

Offered at $950,000

Roseann Miller 650.543.1237 ramiller@apr.com

Monica Corman 650.595.1164

LA HONDA – Upgraded 3bd/2.5ba, newer mountain home on 3.4+/- peaceful, private, sunny acres. Functional floor plan and several outdoor decks for entertaining.

Offered at $895,000

mcorman@apr.com

MOUNTAIN VIEW – Stunning, light-filled townhouse located just steps to downtown. End unit features high ceilings, 2 fireplaces. 2bd/2.5ba plus large 3rd floor open space.

Offered at $946,000

PALO ALTO – Very charming cottage features 2 bedrooms, 1 bathroom on quiet location close to downtown Palo Alto. Enclosed back porch.

Offered at $799,000

SOLD

Joe Parsons 650.279.8892 joeparsons@apr.com

HALF MOON BAY – Single family home on large 13,500+/-sf lot; 3 bedrooms, 1 full bathroom, two-car garage and work room, large basement.

Connie Linton 650.400.4873 clinton@apr.com

Offered at $595,000

COMING SOON

Judy Citron 650.543.1206 jcitron@apr.com

MENLO PARK – Light, bright, contemporary 3bd/2ba bungalow located in Allied Arts. Beautiful design details. New roof, partial basement and abundant attic storage.

Call for Price

COMING SOON

Judy Citron 650.543.1206

PALO ALTO – Endless possibilities with this single story home at an end of a cul-de-sac location. Large 8,276+/-sf lot in South Palo Alto.

jcitron@apr.com

Call for Price

MENLO PARK – Bordered by mature trees, quaint cottage with vaulted family room, convenient Willows location 2/2 with office. Call for Price

THANK YOU A $50,000 GIFT TO START A LOCAL EDUCATIONAL FUND

-XOLDQD /HH

I’ve sold more homes in Palo Alto over the last 10 years, than any other realtor. I am a long way from being a billionaire. I faced many challenges when I came here, I know many people here in our communities are struggling to overcome hurdles. I am putting $50,000 into a local educational fund to open doors for talented individuals in our community. 這是一則充滿感激的啟事。今天的這則啟事，我用英文、中文在主流媒體上刋登，是幾經考量的；我感謝美國社會讓我們能完全的融入，以無私包容的胸襟給予我們公平競爭的環境；在這裡，每個人可以依憑著自己的努力，成長及茁壯。三十餘年前一個窮留學生隻身來到美國，語言、環境、生存…，每一項都是艱辛和挑戰；我一步一步的都走過來了，我也看到很多和我相似背景的同胞，也度過了新移

民困窘過程，我敬佩您們也感謝您們。李文向每一位社區的朋友報告，在競爭很激烈的房地產行業，李文已經佔有了一席之地； 1. 排名在全美國1%的房地產經紀人行列。 2. 我們公司的80,000多名經紀人中，我是第三名。 3. 最近十年的統計：李文是全Palo Alto買賣成交最多的房地產經紀人。這是很傲人的成績及榮耀；是我們

社區恩賜給我的。我將以很虔敬的心，回饋我們的社區，贊助我們社區的教育經費 $50,000-元；所以如此，我自許是一個讀書人；也是希望能「拋磚引玉」，讓更多有能力的人共襄盛舉，幫助我們社區的教育事業。我要說：我以我是一位美國人為榮、我以我是一位華裔為榮、我以我是一位留學生為榮；我以我是一位移民而慶幸、我更為我們整個社區的包容及偉大而驕傲。

A little over 30 years ago I immigrated to the Bay Area from Asia. I came alone to the United States as a student. Expenses and restrictions on work were challenges I had to face. For me, education provided the knowledge and credibility to succeed selling real estate. I believe many of the struggling people in our communities will use education to open the door to a better life.

Selling homes is a fiercely competitive business. Success depends upon skill, hard work, and upon the open minds of the people in our communities. I’m donating $50,000 this year to start a scholarship for our communities. I thank everyone who’s making our community so wonderful. Although I’ve sold more homes in Palo Alto over the last 10 years than

any other realtor and I’m the top 3 agent nationwide at Keller Williams, $50,000 is a large amount of money to me. By helping fund education, I want to help struggling families in our wonderful community. I hope others will also take money and time from their business and add to the open hearts and open minds of our wonderful community.

WWW. J ULIANA LEE.COM

(650) 857 - 1000 homes@julianalee.com Fall Real Estate Special Section I Page 53

D L O

Offered at $14,000,000

Presented by Rich Bassin

36 Ralston Rd. Atherton

AT A GLANCE s &INE NEW CONSTRUCTION BY 7ISE "UILDING #O s 4 RADITIONAL LEVEL .EW %NGLAND STYLE SHINGLE HOUSE WITH "EDROOMS &ULL "ATHS AND (ALF "ATHS !TTACHED CAR 'ARAGE PLUS DETACHED #AR 'ARAGE !PPROXIMATELY SQUARE FEET ON A SQUARE FOOT LOT s % NTER THE "ARREL 6AULTED %NTRY (ALL TO A &ORMAL ,IVING 2OOM 7ALNUT 0ANELED ,IBRARY AND $INING 2OOM EACH WITH BEAUTIFUL lREPLACES &RENCH DOORS OFF $INING 2OOM LEAD TO PEACEFUL &ORMAL $INING 4ERRACE s 3 PACIOUS #HEF S +ITCHEN WITH "UTLER S 0ANTRY AND "REAKFAST .OOK LEADS TO LARGE &AMILY 2OOM WITH &RENCH DOORS LEADING OUT TO "LUESTONE DECK lREPLACE AND OUTDOOR KITCHEN s 3 ECOND OFlCE OVERLOOKS THE BACKYARD AND THE SPARKLING POOL 3PACIOUS 'UEST "EDROOM 3UITE s 5 PPER LEVEL INCLUDES -ASTER 3UITE WITH 3ITTING 2OOM (IS AND (ER #LOSETS 3PA LIKE "ATH #HILDREN S ROOMS PLUS 3ECRET ,OFT s , OWER ,EVEL BOASTS HIGH TECH 4HEATER 3ECOND &AMILY 2OOM WITH KITCHENETTE /LD 7ORLD 7INE #ELLAR %XERCISE 2OOM AND 3TORAGE 2OOM

650.400.0502 rbassin@apr.com www.RichBassin.com DRE# 00456815

Page 54 I Fall Real Estate Special Section

s 3 UMMER (OUSE TUCKED IN UNDER THE SPREADING OAKS INCLUDES &ULL +ITCHEN ,IVING !REA "EDROOM 3UITE PLUS EXTRA (ALF "ATH

Information deemed reliable, but not guaranteed.

s / THER DETAILS INCLUDE ,AUNDRY 2OOMS ON EACH LEVEL ,ARGE 0OOL #ENTURIES OLD (ERITAGE /AK 4REES EXPANSIVE BEAUTIFUL LANDSCAPING

Offered at $ $14,000,000

890 Robb Road, Palo Alto

ll the best elements of a genteel estate in the European countryside are beautifully realized in this estate property built in 2003 on formal grounds of ±1 acre. Offering the ultimate in privacy at the end of a cul-de-sac, this estate property also benefits from a close-in Palo Alto Hills location that puts top-rated Palo Alto schools, Stanford University, and downtown amenities close at hand. Heritage construction details abound, including multiple fireplaces, broad expanses of fine oak flooring, and extensive designer stone and tile work. State-of-the-art technology, San Francisco Bay views provide endless visual appeal, and resort-inspired amenities appear at every turn. 3-story ±7,500 square foot main residence with 5 bedrooms and 5.5 bathrooms, custom wine cellar, theatre, and spa, ±828 square foot guest house with 1 bedroom and 2 bathrooms, attached 3-car and 1-car garages, pool and spa, sport court, putting green and elaborate gazebo with exceptional views. Offered at $15,000,000 www.paloaltohillsfrenchmanor.com

s Top Realtor in the nation according to the most recent ranking in the Wall Street Journal s Fluent in Mandarin Chinese

Julie Tsai Law DRE # 01339682

Supriya Gavande

Broker Associate CRS, GRI, SRES, MBA

DRE # 01856590 Cell: 650.556.3890 sgavande@apr.com

www.SupriyaGavande.com

650.799.8888 Julie@julietsailaw.com

www.julietsailaw.com

3556 Middleﬁeld Rd, Palo Alto

pacious and bright 3 bedrooms, 2 bathrooms home in Midtown. Over 1576 sq.ft. plus a sun room that is over 229 sq.ft. on a over 7200 sq.ft. lot. (buyer to verify). Spacious den/study can be used as the 4th bedroom. Convenient location - walk to Fairmeadow Elementary, Hoover Elementary, JLS Middle, Mitchel Park, newly built library, shopping centers, sports ﬁeld, YMCA, JCC and more. Bike to Gunn High. Offered at $1,395,000 www.3556middlefield.com

Julie Tsai Law DRE # 01339682

Broker Associate CRS, GRI, SRES, MBA

650.799.8888 Julie@julietsailaw.com

s Top Realtor in the nation according to the most recent ranking in the Wall Street Journal s Fluent in Mandarin Chinese

www.julietsailaw.com Information is deemed reliable, but not guaranteed.

PALO ALTO 578 Uni ver sity Avenue Fall Real Estate Special Section I Page 55

;fÆe S^^ STagf

THE DETAILS BUYING OR SELLING a home is possibly one of the biggest decisions you will ever make. Paying attention to the details ensures that this transaction proceeds smoothly and successfully. Today | Sotheby’s International Realty offers Real Estate Services that go above and beyond. Discriminating home Buyers and Sellers who work with our agents are provided with exceptional tools, expansive resources, a global marketing plan and personalized knowledge and service... all the details you will need to promote the sale or help you ﬁnd the home that matches your lifestyle.

Call us today to learn more about our extraordinary range of real estate services for home buyers and sellers. (650) 597-1800

Exceptional Architectural Details are on display at every turn throughout this incredible Hillsborough Estate

TobinClarkEstate.net Represented by Richard Williamson

Today | Sotheby’s Real Estate International 5.9 Acres | Offered at $29,000,000

BURLINGAME OFFICE 1115 Howard Road, Burlingame, CA 94010

(650) 597-3700 SAN CARLOS OFFICE 1250 San Carlos Ave., Suite 101, San Carlos, CA 94070

(650) 597-1800 www.TodaySir.com

Page 56 I Fall Real Estate Special Section

www.SVlifestyles.com

FALL REAL ESTATE 2012

4DBN ± PS BMUFSOBUF CVTJOFTT NPEFM REAL-ESTATE INVESTOR DEFENDS MODUS OPERANDI

Representing

Buyers & Sellers of

fine properties on the PENINSULA

Janis Friedenberg

GRUBE by Lauren-Marie Sliter ocal residents have been caught in a five-year debate over the activities of one man, a real-estate investor named Jason Buzi. Hundreds of people have commented on the Weekly’s online Town Square forum, claiming Buzi’s tactic for buying homes in Palo Alto and surrounding cities is a scam. There is not a firm consensus on what it is he does. Some claim he buys properties for below-market value and then sells them (through a clause in his contract with the seller) to another buyer for a profit. Buzi denied it, saying his contracts simply provide room for a partner to help him pay for the houses he buys. “I’m not wealthy enough to buy every property I make an offer on,” he said. “So I add partners to the contract.” Those partners are sometimes added to his contracts after the fact, Buzi said, but that he works with the same people consistently. However, he was not comfortable giving out the names of his partners, saying they do not necessarily want to be associated with some of the bad press Buzi has received online. “It’s not like I go out and find random people,” he said. “I’ve worked with these partners for six or seven years.” Backing out of a contract is rare for Buzi, who said the only times he has not been able to find a partner to invest with was while working in unfamiliar areas, like in Alameda across the bay. “When I enter a contract, my intent is to close,” he said. “There have been very few contracts that I have walked away from.” He also said the prices he pays sellers are fair. “I don’t lowball,” he said. “That is exactly opposite of what I do. Most of the profit is coming from adding value not from low prices.” Buzi said he rehabs properties that have not been put on the market yet, meaning he buys homes that need some fixing up. After refurbishing, remodeling and sometimes rebuilding, Buzi and his partner will resell the home for profit. This kind of real estate tactic is fairly common, Buzi said, but his marketing technique is what has garnered him a not-so-savory reputation in the area. “There’s a lot of investors but there are very few people who do the marketing that I do,” he said. Buzi floods local neighborhoods with fliers asking homeowners if they are looking to sell their homes to him. His perks: no real estate agent, no staging and no open houses. He also tells prospective buyers that they can remain

in their homes for a time, presumably enough time for him to partner up with another investor. “This is how I make my living,” he said. “Actively looking for deals and trying to get one a month.” Originally working in the mortgage business, Buzi said he found working for someone else in such a volatile market difficult. Buzi left the mortgage business in 2005 and started helping a friend flip houses. By 2008, the poor economic climate got to Buzi’s business. “Things got tougher and I kind of took a break,” he said. As he saw the market getting better, Buzi decided to reenter the real-estate game in 2010, readapting to the new housing environment, he said. “You have to be adaptable,” he said, noting that he hadn’t purchased a short-sale home, one that a bank had taken ownership of, until last year. As far as allegations against Buzi for scamming sellers and even for having illegal practices, he said most of that is coming from people who either do not understand or who are threatened by his business. “Real-estate agents obviously don’t like me buying right from the seller,” he said. David Blockhus, a real-estate agent with Coldwell Banker, confirmed that what Buzi does is not illegal, but that is misleading. “How he makes his money is by buying houses that have not been put on the market,” he said. “We have a board of ethics that we have to follow, he doesn’t have that.” Blockhus warned sellers that they will be getting less than market value for their homes when selling to buyers like Buzi. “In today’s market, if you put (your house) on the market, with full visibility, you are going to do substantially better,” he said, noting that there are some cases in which people do not want to go through a real-estate agent, even if it means more money, because they will have to disclose information about their property or have open houses and other disruptions. It has been speculated that the people selling to Buzi are not informed sellers and Blockhus agreed. “I don’t know for sure, but I think his target market are people who don’t know what they are doing,” he said. Buzi said his partners and the people he has actually purchased from are not among those accusing him of bad business practices. “The people I have done business with have nothing bad to say about me,” he said. “I’ve gone to attorneys, I’ve made sure everything I do is totally legal.” N

BROKER ASSOCIATE PREVIEWS PROPERTY SPECIALIST

650.346.8690 Janis@JanisGrube.com www.JanisGrube.com

DRE# 01365341

OUR NEIG HBORHOO DS

Our Neighborhoods For many reasons, the Midpeninsula area has been the most sought-after address to call home and to locate a business. Communities like Palo Alto, Menlo Park, Atherton, Portola Valley, Woodside, Los Altos and Mountain View lead the way by maintaining some of the best schools in the nation, by providing superior community services and infrastructure, and by helping establish the Bay Area as the center of innovation and technology.

0! , / ! ,4 / 7 % % + ,9 s % $ ) 4 ) / .

PALO

EVER GREE

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PROFILE

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PALO ALTO ORCH

ARDS S, MAPS A N D V I TA L FACTS O F F E AT UR

PaloAlto

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IN THE COMMU NIT

Each year we produce Our Neighborhoods, a publication showcasing the many neighborhoods unique to their own communities. Each neighborhood is featured, capturing its particular qualities and resources, including a map of the neighborhood, schools, parks and more.

Market yourself or your business in print, online and e-mail Reach your clients and prospective customers with a powerful marketing program incorporating full page advertising in print, online advertising and e-mail marketing. Our publications and websites are the most trusted and most read/visited sources of local news and information for residents of the Midpeninsula. Publication Dates: December 26, 2012 (Almanac) and December 28, 2012 (Palo Alto Weekly and Mountain View Voice) Deadlines: Space reservation and all ad copy due: Friday, November 16, 2012

For more information, contact your advertising rep or call Tom Zahiralis, Vice President, Sales & Marketing at 650.223.6570 or e-mail: tzahiralis@embarcaderopublishing.com

450 Cambridge Avenue | Palo Alto, CA 94306 | 650.326.8210 PaloAltoOnline.com | TheAlmanacOnline.com | MountainViewOnline.com

Fall Real Estate Special Section I Page 57

FALL REAL ESTATE 2012

3FOU8BUDI $BO B UFSNJOBUJPO OPUJDF CF HJWFO CZ FNBJM edited by Martin Eichner

I own a couple of condos, which I rent out. I have a pretty good relationship with my tenants, but I need to ask one of them to vacate so that my son can move into the unit. I like to use email to communicate with my clients, but I know that a notice of termination needs to be in writing. Can I send this notice of termination via email? Email wonâ&#x20AC;&#x2122;t work for you in this situation. California law is very specific about the method for serving a notice of termination of tenancy. To be legally enforceable, service of a termination notice must comply with California Code of Civil Procedure Section 1162. This statute allows service by personally handing the notice to the tenant, or by leaving it with another adult at the rental unit and then mailing an additional copy to the tenant at the address of the rental unit.

A third permissible method, if no one is present at the unit when personal service is attempted, is commonly described as â&#x20AC;&#x153;nail and mail.â&#x20AC;? This method requires â&#x20AC;&#x153;affixingâ&#x20AC;? a copy of the notice in a conspicuous place like the front door, and mailing a second copy to the tenant at the address of the rental unit. None of these methods includes the use of email. The statutory reference to â&#x20AC;&#x153;mailingâ&#x20AC;? requires use of traditional mail, not email.

I am the manager of a very large high-rise apartment community in San Francisco. There are many Asian families living in our neighborhood, including in our building. Last week, a woman called our office and explained that she was born in Japan and had only been in this country a few years. She said that she wanted to live in a community where she could be near other Japanese people. She then asked me whether I

could show her vacant units on one of the floors where other Japanese families lived. I can understand why she wants to live near other residents with whom she is comfortable, but I wonder if I would be in trouble under the fair-housing laws if I honored her request. What should I do? Your instincts are good ones: In essence, this prospective tenant is asking you to illegally â&#x20AC;&#x153;steerâ&#x20AC;? her to units based upon the racial/ethnic make-up of a particular section of your rental community. â&#x20AC;&#x153;Steeringâ&#x20AC;? is funneling or restricting housing seekers to a particular area within a rental community to either keep the racial or ethnic make-up of that area the same, or to intentionally change it. This practice violates our fair housing laws. Steering is a fair-housing violation even when a member of a protected group is asking to be â&#x20AC;&#x153;steeredâ&#x20AC;? to other members of the same race or

SOLD BY KATHLEEN IN 2012: 2032 Greer Rd, Palo Alto (Sold Off Market)* 153 S California Ave F203, Palo Alto* 702 Garland Dr, Palo Alto* 10440 Miller Ave, Cupertino* 742 Loma Verde, Palo Alto* 157 S California Ave H100, Palo Alto* 10 Trudy Ln, Menlo Park* 530 Shelby Ln, Los Altos*

ethnic group. As a property manager, you can respond to questions about the property itself and the community generally, but not about the racial, ethnic, religious, familial status or other protected class characteristics of your tenants or neighbors. That doesnâ&#x20AC;&#x2122;t mean that the prospective tenant cannot choose to live in such a community. However, as a property manager, you cannot affirmatively perpetuate housing segregation. If you help this applicant restrict her housing search to a particular section or area of your rental community based on the ethnic characteristics of the other tenants in that area you are doing just that.

I just separated from my husband last month. Right now my 10-year-old son and I are living with my parents, but we need to find our own place to live. I canâ&#x20AC;&#x2122;t afford to pay much rent until I get a job, but I was hoping to find a furnished efficiency or one-bedroom apartment. I found an ad for a one-bedroom apartment that I can afford. When I called the owner to arrange to see the place, I mentioned my son. He then told me he didnâ&#x20AC;&#x2122;t feel comfortable renting the place to me, because he thought my son should have his own bedroom. Is this legal? Families with children are protected from discrimination under the fair-housing laws. This means that a housing provider cannot refuse to rent to a prospec-

tive tenant because that applicant has one or more children under the age of 18, or treat an applicant with children any differently than an applicant without children. These familial-status protections mean that this housing provider cannot insist your son have his own bedroom. Federal government occupancy standards require housing providers to allow at least two occupants in a one-bedroom apartment. Since these standards allow any two people to share the one bedroom in the rental space, the housing provider has engaged in discrimination by deciding that a mother and son do not have the same right. N Martin Eichner edits RentWatch for Project Sentinel, an organization that provides landlord-tenant dispute resolution and fair-housing services in Northern California, including rental-housing mediation programs in Palo Alto, Los Altos and Mountain View. Call 650-856-4062 for dispute resolution or 650-321-6291 for fair housing or email info@housing.org.

PENDING: 1032 COLLEGE AVE, PALO ALTO (Sold Off Market)

2669 Greer Rd, Palo Alto 0LGGOHĂ&#x20AC;HOG 5G 3DOR $OWR 372 Velarde St, Mtn View* 111 El Porton, Los Gatos* 2140 Santa Cruz Ave, Menlo Park* 928 Wright Ave #1203, Mtn View* 4250 Pomona, Palo Alto* 460 Pepper Ave, Palo Alto * Represented Buyer

Beautiful historic house in College Terrace. 5 bedrooms, 2 bathrooms, approx. 2,130 sq. ft. Stroll to California Ave, Stanford, shops, restaurants, schools, parks, and more.

pasin

# !

! " (650) 450-1912 kathleenpasin@serenogroup.com www.kathleenpasin.com DRE # 01396779 Page 58 I Fall Real Estate Special Section

Fall Real Estate Special Section I Page 59

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0*7//,:521 $34 &20

04;$1 $34 &20

Informationdeemedreliable,butnotguaranteed.Sq.ft.and/oracreageinformationcontainedhereinhasbeenreceivedfromseller,existingreports,appraisals,publicrecordsand/orothersourcesdeemedreliable.However,neithersellernorlistingagenthasverifiedthisinformation. If this information is important to buyer in determining whether to buy or the purchase price, buyer should conduct buyerâ&#x20AC;&#x2122;s own investigation. Photography by Bernard AndrĂŠ

Page 60 I Fall Real Estate Special Section