Pacific Palisades MARKETWatch, 12 New Homes & 1 Condo For Sale and 6 Properties Sold the past 7
From: Pacific Palisades, CA
Sunny and mild (74° F)
I believe that today is the Ides of March. A meaning for another time.
This past week I have been helping a first-time buyer purchase her new home. She is currently renting and has been looking for a new place to move. As a result of the shortage of rental properties in our area which is creating a spike in rents, we discovered something quite interesting and eye-opening. The monthly total for mortgage, HOA dues and property taxes will be lower than her monthly rent. Imagine that. Of course, low interest rates and a down payment contribute to what is occurring.
This week there are quite a number of new listings that have come on the market as we approach spring.
Here is the three new listings that I am highlighting this week. You can find the expanded information sheets and photos of this listing by clicking on the "Highlighted Properties".
1) 17001 BOLLEGER DRIVE (16-105626)
The first new highlighted listing this week is a newly-renovated ranch-style home located in the Marquez Knolls area. This two-story home has five bedrooms and four bathrooms and features a family room, a formal dining room and a gourmet kitchen, for a total of 3,200 square feet. The home is on a 7,702 square-foot corner lot with a landscaped back yard. Asking price for this home is $2,595,000.
2) 1530 EARLHAM STREET (16-103564)
The second new listing this week is a Cape Cod-style home located in the heart of thePalisades. This two-story home has four bedrooms and five bathrooms and features a spacious master suite and a gourmet kitchen, for a total of 4,206 square feet. The home is on a large6,442 square-foot lot with a fire pit and BBQ. Asking price for this home is $3,850,000.
3) 1630 AMALFI DRIVE (16-103696)
The third new listing this week is a newly-built Cape Cod-style home with mountain, canyon and ocean views located in the Palisades Riviera area. This two-story home has seven bedrooms and ten bathrooms and features a movie theater, a gym, a spa and a luxurious master suite, for a total of 10,500 square feet. The home is on an 18,629 square-foot lot with an Infinity swimming pool and basketball court. Asking price for this Palisades Riviera estate is $8,875,000.
Please give me a call at 310-309-7304 if you have any questions about any of the new listings this week.
Warmly,
Matthew Greenberg
