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June 16, 2009

A Visit to Arden Estates

construction_front

I checked out two of the model homes on my broker tour at the new Arden Estates development, located on 15th Avenue in West Portal.

This is a collection of seven single-family homes, five of which are still in the process of being finished. The homes feature three bedrooms; a fourth bedroom/family room; three bathrooms and one powder room. They all have about 3,000 square feet spread across three levels.

Here’s 2763 15th Avenue, listed at $2,195,000:
276315th

The homes are adjacent to the Arden Wood nursing facility, which trains nurses and cares for patients through Christian Science practices. You can look out your rear windows on the top two floors and see the Christian Science practices in action on the grounds:
ardenwood

And here’s a look at the homes’ yards, still being constructed:
arden_constructionrear

Prices are all in the $2-2.2M range. The properties are located between West Portal and Wawona, so they are pretty strategically situated. I thought the two homes I saw were nice, but the development definitely has a cookie cutter feel, like a development you’d see in the suburbs. I question whether a buyer with the purchasing power of $2M in San Francisco will be drawn to Arden Estates, though the home sizes and new-construction quality are probably going to be big selling points.

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