Wednesday, May 23, 2012

Find a sense of community in Shelborne

Welcome back! In this edition, I'll walk you through the high end community of Shelborne in Granite Bay, California. If you're looking for a well established neighborhood, with mature trees, and almost 3 decades as one of the most desirable communities in Granite Bay, you will find it here. Additionally, living minutes from Folsom Lake, excellent school districts, and 20 minutes to major retail shopping makes this a highly desirable location. There are even some very unique points that anyone in the market to sell a home, or find a knowledgeable real estate agent, should know!




This luxury community is located just off Auburn Folsom Blvd, 1.2 miles north of Douglas Blvd. Developed in the late 1970's by Tony Musalino, it features 90 acres of mature trees, manicured yards, and a relaxing sense of country living mixed with fine luxury. Currently there are 86 homes, which is 1 home shy of the customary 87 homes in the completed development. Due to a fire, there is currently 1 vacant lot for sale. There is a small guest home on the lot, which is listed for $175,000, and is currently in escrow. Although there were officially 93 lots in the development, a handful of owners purchased additional lots to increase their lot size. 


Shelborne is managed by the Shelborne Owners Association, and currently charges Home Owners Association (HOA) dues of $600/year. The management is very active in the neighborhood, and plans well for future costs and financial accountability. Currently the dues cover common area landscaping and maintenance, lake and damn maintenance, and gate house maintenance.


Another point of interest in the Shelborne development, is the special assessment levied for any normal market sale. This $5,300 assessment was placed in the CCR's as compensation for the development to transfer school districts from Placer Union to the prestigious Eureka School District. The fee is open for negotiation in each transaction, and can be paid by the buyer, the seller, or a combination thereof.





 Most of the 87 homes in Shelborne Estates were built in the 1980's. A handful were built in the late 1970's, with the remainder being built during the 1990's and 2000's. Homes range in size from just over 2,500 square feet with 3 bedrooms, up to an opulent 9,346 square feet home with 6 bedrooms and 4 bathrooms. Lot sizes range from just over .5 acre to almost 2 acres. Current high end homes for sale range from $749,500 up to $1,325,000, with the latter currently in a Pending status. Sales in the development have ranged from $630,000 up to $1.3 million over the last 4 years. 




If you're looking for a real estate agent to sell your high end home, you need someone who knows the local market and keeps abreast of the current inventory. For a listing agent that can sell a home in Granite Bay quickly, let me show you how I will help you reach your goal!

Contact Zac Bacon, an Associate Broker with Keller Williams Realty for more information.
"Your local professional for South Placer Luxury Properties"

We can assist you in purchasing a luxury home for sale, or if you are a home seller, we will list your home to sell for the best possible price in a challenging market. We have a proven track record of satisfied clients, and Zac personally has over a decade of experience in the South Placer County region.

I believe in setting a new standard for real estate agents, and in taking the best care of my clients. I do this by only engaging in win-win situations, and by providing honest guidance through challenging markets. Let my team and I handle your home sale with the utmost care!
 
Contact me at (916) 677-9813 or visit my Website for more information!

 

Sunday, May 13, 2012

Luxury Market Update - May 13th

Welcome to the Monthly Market Update! I'll give you market insights, and update you on any new luxury homes for sale in the South Placer area. I focus on Granite Bay, Rocklin, Roseville, Loomis, and parts of Lincoln periodically. Homes for review and reporting must meet a minimum price point of $1,000,000.

Currently there are 44 million dollar homes available for sale in the South Placer County. The majority of homes are located in Granite Bay, and Loomis respectively. While 44 of the homes are traditional sales, there is one available short sale in Granite Bay located near Cavitt Stallman. In addition to the available properties, there are 3 short sales with seller accepted offers, and another 13 homes officially in escrow (Pending). Only 4 homes have been listed within the last week which is in line with market averages.

Some exquisite homes are currently available in Los Lagos, Wexford, Douglas Ranch, and Eden Roc. Other custom homes are located throughout the area. Please contact me directly if you would like an appointment for a private tour of any available homes. 

The local high end market has remained stable over the last 12  months. The number of $1 million+ homes that sell each month has averaged 4.5, and averaged an available inventory of 50.25 homes. The average selling price has averaged between a low of $1.11 million in April 2011, and a high of $1.496 million in March of 2012. Current average as of April 2012 statistics is $1.148 million.

Overall the high end market appears to be holding stable which is excellent news for anyone looking to sell a luxury home. In this challenging market, sellers will need to be patient, and hire an agent knowledgeable in the market area and currently completing homes for sale. Average time on market varies greatly, and is most influenced by a competitive price from day 1 of a listing and a strong marketing plan.

Contact Zac Bacon, an Associate Broker with Keller Williams Realty for more information.
"Your local professional for South Placer Luxury Properties"

We can assist you in purchasing a luxury home for sale, or if you are a home seller, we will list your home to sell for the best possible price in a challenging market. We have a proven track record of satisfied clients, and Zac personally has over a decade of experience in the South Placer County region.

I believe in setting a new standard for real estate agents, and in taking the best care of my clients. I do this by only engaging in win-win situations, and by providing honest guidance through challenging markets. Let my team and I handle your home sale with the utmost care!
 
Contact me at (916) 677-9813 or visit my Website for more information!