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Archive for the ‘Clarendon/Twin Peaks’ Category

As the 21 Villa Terrace Turns

Posted by insidesfre on April 9, 2010

Featuring almost as many twists and turns in its floorplan as there are in its property history, 21 Villa Terrace hit the market again today.

The 4BR/4.5BA has four levels and 4,051 square feet, and was constructed in 2001 when it sold for $2,125,000. It then changed hands two years later for $1.9M. The current owners listed the home for $3,350,000 last year, and the price sunk to $2,950,000 before the listing expired. But it’s a new year, and 21 Villa Terrace is now listed at $2,795,000.

The home does have good space and fabulous views, but the kitchen is small and circular, and there are some odd angles involved:

As we’ve noted before, there are several luxury homes currently available in the Clarendon Heights/Twin Peaks area, so the competition is fierce. But I think that 21 Villa Terrace will work for a view hunter, as well as someone who needs a lot of square footage. Open Sunday, 2:00-4:00.

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Luxury Market Heats Up in Clarendon Heights

Posted by insidesfre on March 8, 2010

The usually quiet enclave of Clarendon Heights—the area northwest of Twin Peaks—is a hotbed of activity this week thanks to six current luxury listings. (To put things in perspective, only six homes sold in the neighborhood in all of 2009.) Two of the current listings are on coveted Palo Alto Avenue. Both have great decks with massive views. But only one has a tree stump inside.

206 Palo Alto is the latest addition to the Clarendon Heights view home inventory. Owned by a designer, the 4,340 square foot, 4BR/3.5BA home listed at $4.2M was renovated over the past few years (including a two-story rear yard addition). It’s got the expected bridge-to-bridge views, from this deck—pictured on a day when the typical fog and wind in the area weren’t hanging around:

There are three levels that include a media room, library and accessible outdoor living areas on every level. They’ve even brought the outdoors inside, giving a tree stump its own room as an homage to nature:

206 Palo Alto was last sold in a less jacked-up form in 2003, for $1.3M.

Over at 20 Palo Alto, things are a bit more toned down:

The interior isn’t quite as stylish, but you still get a nice deck with stunning views (and a substantially lower, $2,850,000 list price):
The 5BR/5.5BA home has floor-to-ceiling windows, and a good floorplan:

The property is located on a cul-de-sac, which is nice and private, and there are also three levels of living space.

The sold inventory in Clarendon Heights has been at a significantly lower price point over the past few months (average of $1,525,155 since October). But the average cost of one of the current homes is $3,187,500. So clearly, there will be some waiting around for the current homeowners, as buyers in this price category decide where to spend their money.

And there’s more to come: Look for 30 Palo Alto for $3.5M, and 28 Clarendon at $3.5M in the near future.

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