On The Move: Homes Selling For Around $3 Million In California’s Luxury Markets
By: Date: December 1, 2020 Categories: Business,Real Estate,Uncategorized Tags: ,
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“On The Move” is an exploration of residential real estate sales in select luxury markets. In this weekly feature, we’ll sample three different locales to give you a sense of what a certain dollar amount buys in those areas.

This week, our search through sold properties centers on three housing markets in California.

Tall evergreen trees sit in the backdrop of a contemporary-style chalet home in Truckee, Calif., resort community.

This newly built contemporary in Truckee’s Martis Valley recently sold for $3.1 million.

Tahoe Mountain Realty

Lake Tahoe | 4 bedrooms, 4.5 bathrooms

$3.1 million

600 EJ Brickell, Truckee

The custom home, designed by Ryan Group Design in collaboration with RO Builders, lies within the confines of Lahontan, a gated 900-acre golf community in scenic Martis Valley. 

Built in 2019, the contemporary chalet-style house features an open-concept floor plan, high ceilings, multiple outdoor fireplaces and a concealed spa. Floor-to-ceiling windows in the voluminous great room take in tree-top and mountain views in nearly every direction. 

Weeks on market: 59

List price: $3.2 million

List-to-sale ratio: -3.125%

Median price: $2.45 million

Listing broker: Katsi Nousiainen, Tahoe Mountain Realty

Light-embedded steps lead the way up to a concrete-clad home in Los Angeles' Silver Lake neighborhood.

Located in the hip Silver Lake neighborhood of L.A., this flash contemporary, which features a … [+] massive rooftop deck, sold for $3.2 million.

Hilton & Hyland

This striking contemporary home represents the new-school of architecture cropping up in Silver Lake, a hip Los Angeles neighborhood known for its bustling shopping and entertainment district and collection of Midcentury Modern homes.

Completed in 2020, the multi-level house opens to living spaces featuring high ceilings, exposed beams and French oak floors that pop beneath custom lighting. A chef’s kitchen outfitted with handmade cabinetry and leathered quartz countertops anchors the floor plan. Atop the home is a 1,500 rooftop deck with views of Downtown L.A.

Los Angeles | 4 bedrooms, 4.5 bathrooms

$3.2 million

1653 Waterloo St., Silver Lake

Weeks on market: 15

List price: $3.599 million

List-to-sale ratio: -11.09%

Median price: $1.038 million

Listing broker: Heather Boyd, Hilton & Hyland

Tropical landscaping surrounds a blue-tiled swimming pool and home near San Diego.

The Mediterranean villa-style home in Rancho Santa Fe’s Fairbanks Ranch community sold in about 18 … [+] weeks for $3 million.

Willis Allen

San Diego | 7 bedrooms, 8 bathrooms

$3 million

6039 Avenida Alteras, Rancho Santa Fe

Located on the popular North side of Fairbanks Ranch, a gated resort community of estate-sized homes, this Mediterranean villa-style house crowns a 1.3-acre hilltop overlooking the scenic enclave.

Designed with outdoor living in mind, the two-story home is accompanied by a saltwater swimming pool with a waterfall feature, a tennis court, fruit trees and a vegetable garden. Installed solar systems provide whole-house electricity as well as heating for the pool.

Weeks on market: 18

List price: $3.295 million

List-to-sale ratio: -8.95%

Median price: $2.85 million

Listing broker: Scott Appleby and Kerry Payne, Willis Allen Real Estate

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