307 Walsh Road Atherton – Beautiful New Custom 5 Bedroom Home [private video tour]

Welcome to prestigious Atherton!

If you’re searching for a brand new custom build in the exclusive enclave of Atherton, this is it!

This modern, 3 story custom build has 5 Bedroom, 4.5 Bath home with a stunning open floor plan, two gas fireplaces, a chef’s gourmet kitchen with elegant white quartz island waterfall and floor to ceiling glass folding pocket doors that allow indoor/outdoor California living!
This modern home has gorgeous wide plank white oak floors, open floor plan and boasts lots of natural light gleaming through the modern Andersen 500 series windows delight the senses. Combining stunning modern design with its showcase floating staircase and state-of-the art technology, absolutely no detail has been overlooked as top of the line finishes and amenities adorn every corner of this magnificent home.
The top floor feels like a retreat as the master suite has it’s own balcony and spa-like bath and shower with dual sinks. The main entry floor has living area, kitchen and a bedroom – This bedroom can be used as an office right off the kitchen OR a room for multi-generational/senior guest room as it has it’s own private bath and close to the family kitchen and does not require stairs.
The bottom floor has two bedrooms and is ideal for small intimate gathering, perfect for entertaining with a linear gas fireplace, big screen TV and it’s own private bar for after hour entertaining. Give me a call to learn more about this property or for a private tour.
5 BEDROOMS | 4.5 BATHS 3,773 SF LIVING SPACE | 8,906 SF LOT
Listed at $5,895,000
CALL Today 831-346-2743 Text/voice
More info about this property: http://bit.ly/307WalshRd
Lynne MacFarlane HomesMarket Trend for Single Family Homes in Atherton: http://bit.ly/AthertonMarketTrend
Lynne MacFarlane, MCDM, SRES | Realtor
PFAC Silicon Valley affiliate Intero | A Berkshire Hathaway Affiliate
DRE# 02066698
phone 831.346.2743 text
lmacfarlane @ Intero.com
www.lynnemacfarlane.com
Listed by Marita Lahijanian | Intero Real Estate Services 

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Posted on January 6, 2021 at 6:14 pm
Lynne (Watanabe) MacFarlane | Posted in Atherton, House Hunter Silicon Valley, SANTA CLARA COUNTY, Video | Tagged , , , , , ,

Prop 19 – What Does This Mean For Your Family? [video]

Prop 19 Need To Know Lynne MacFarlane

  • If it is your plan to transfer real property to your children at some point in the future or you have considered making gifts of real property to your children while alive, doing so before Prop 19 becomes effective on February 15, 2021 will have major property tax ramifications for your children.

 

For reasons listed below, I would like to advise you to contact your financial advisor immediately if you want to gift real property to your children now or in the near future.  It is necessary to complete the property transfer prior February 15, 2021 so your children may take advantage of current property tax laws.

 

  • What are the effects of Prop 19?  Prior to the passing of Prop 19 you could gift your primary residence to your children and maintain the current property tax levels no matter the value of the home and no matter whether they were going to live in the home or treat it as an investment property. For non-primary residence (investment or vacation) property your children had an exemption up to $1 million of assessed value for keeping the property taxes at your level.

 

Under Prop 19 there is no property tax reassessment exemption for non-primary residence property. This means any non-primary residence property that you gift to your children or they inherit from you will be reassessed to current full fair market value for property tax reasons.

 

  • Under Prop 19, for the primary residence if, and only if, your children will be making the gifted/inherited property their primary residence-meaning they are going to move into it and live there-there may be no property tax reassessment.  Whether or not there will be a reassessment will depend on its current fair market value and its current assessed value. If the fair market value of the property at the time of the transfer exceeds the assessed value by less than $1 million, then your children would take the current assessed value. If the fair market value of the property at the time of the transfer exceeds the current assessed value by $1 million or more, then your children’s assessed value is the current value of the property less $1 million.

 

Here is a link to an article that covers this issue in more detail as well as the age 55 transfer questions:  https://www.jdsupra.com/legalnews/prop-19-passes-preserve-low-property-47713/ and a second link:  https://www.aaepa.com/2020/11/planning-for-californias-proposition-19/

 


Posted on December 18, 2020 at 6:27 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY | Tagged , ,

Should You Buy A Retirement Home Sooner Rather Than Later? [video]

 

Should you buy a retirement home sooner


Posted on October 21, 2020 at 8:38 pm
Lynne (Watanabe) MacFarlane | Posted in investors, Real Estate, Renovation, Retirement, SANTA CLARA COUNTY, Sellers Market, Tax, Tax Relief, Video | Tagged , , , ,

Rising Home Equity Is Growing In Every State

Lynne MacFarlane Homes blog - Rising Home Equity in Every State

Highlights

  • According to CoreLogic, homeowners across the country are gaining significant equity.
  • Over the past year, the average homeowner gained $9,800 in equity, growing their overall net worth.

If you’re ready to sell your current house and ready to look for your dream home, contact me to learn how your home equity can help make that possible.

Lynne Watanabe MacFarlane, MCDM, SRES

831-346-2743 text/voice

 


Posted on October 5, 2020 at 4:20 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY | Tagged , ,

House Hunter Silicon Valley: 3 listings in the Santa Cruz Mountains (Sept 25, 2020)

Today  we feature three properties in Redwood Estates, Ben Lomond, and Los Gatos mountains that allow multi-generational housing, acreage for spreading out and the proximity of being near major tech hubs and headquarters. The properties in Santa Cruz Mountains offer exceptional views, peace & tranquility – what better place to gather family with a sprawling compound and room to play!

 

21399 Lee Dr Los Gatos, CA 95033 3 bedroom/ 3 bath 2,535 SqFt, 1 acre lot Listed by Compass at 1.45M

For more info: https://bit.ly/340XLDv

Wonderful neighbors, great community and excellent Los Gatos schools.

 

Coming Soon – Ben Lomond 3 bedroom / 5 Bath 5,656 SqFt 200+ acres Listed at 4,250,000.

Call me for more details: 831.346.2743

 

485 Cresci Road Los Gatos, CA 95033

4 bedrooms / 3 bath 3,263 SqFt, 4.5 acres Listed at 1.249 by Coldwell Realty

For more info: https://bit.ly/331c9ws

This property at the time of recording has been on the market for 138 days, but don’t let the days on market worry you about the stigma of ‘something must be wrong with the property’!

Often these mountain properties have longer days on market but also remember we had the CZU fires (Here’s my vlog post https://youtu.be/gLbKNZ9SX9I ) and sometimes new buyers who aren’t used to the features of country living (such as living with septic, well water, foundation inspection, just to name a few) all these new systems can be a bit alarming to ‘city folks’! Having an inspection and becoming familiar with reports is important so buyer and seller know how to proceed.

If you’re interested in any of these listings or interested in discussing what your home is worth, give me a call 831-346-2743 text or voice.

I’ll help you get through any new transitions you’d like to make with ease and confidence so you can focus on what’s important in your life. 

Lynne MacFarlane Homes

831-346-2743 text anytime!

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor

PFAC Silicon Valley affiliate

Intero | A Berkshire Hathaway Affiliate

Text/voice: 831-346-2743

DRE# 02066698

www.lynnemacfarlane.com


Posted on September 25, 2020 at 3:21 am
Lynne (Watanabe) MacFarlane | Posted in Buyers, Housing Market, Los Gatos, multigenerational, SANTA CLARA COUNTY, Santa Cruz County, Sellers Market | Tagged , , , , , , , , ,

Housing Recovery Trend Disrupted by Wildfire in San Francisco Bay Area

Last May, the Brookings Institution wrote about the post-Covid19 recovery as having several possible shapes of recovery (Z-shaped, V-shaped, U-shaped, W-shaped, L-shaped, and even the Nike Swoosh) but here are four major financial institutions predictions for recovery (below image).


V shaped recovery - Lynne MacFarlane Blog

In a Realtor.com study-  we have seen a similar V-Shape recovery, but recently there’s been a deceleration as potential sellers found it harder to list and show their home as wildfires spread through the West coast.

Housing Market Recovery Index Highlights – Week Ending September 12

California has shown that social distancing and economic resilience continue to be key factors driving local differences in the housing recovery. Per Realtor.com’s research, the spread of COVID-19 is closely linked to the housing slowdown, with markets with higher cases per capita more likely to see a bigger impact on supply and the pace of sales. The speed and sustainability of the reopening, and each market’s ability to contain COVID-19, are dictating the speed of recovery across the regions. Finally, resilient economies may have an edge in the housing recovery, and areas with strong job markets before COVID-19, especially those with thriving tech sectors (such as in the SF Bay Area), are seeing buyers and sellers reconnect faster than the rest of the country.

Below are the V-shaped curved found in the northern California communities. Notice the downward trend in Aug – Sept due to the numerous wildfires.

The higher the index value, the higher the level of recovery. The lower the index value, the lower the level of recovery.

Recovery of Roseville

Recovery of Roseville, Sacramento, Arden, Arcada, California from Feb 1, 2020 – Sept 1, 2020

 

Recovery of SF, Oakland, Hayward

Recovery of San Francisco, Oakland, Hayward California from Feb 1, 2020 – Sept 1, 2020

Drive on Golden Gate Bridge with heavy smoke

These are photos taken as my husband and our Chihuahua, Angel, crossed the Golden Gate Bridge in San Francisco, Sept 9th, 2020 –  11AM Smoke and fog

 

Recovery of Recovery of SJ, Sunnyvale, Santa Clara

Recovery of Recovery of SJ, Sunnyvale, Santa Clara California from Feb 1, 2020 – Sept 1, 2020

 

Thank you to the brave California Fire Department for coordinating a fantastic job containing many of the fires in California, we applaud their heroic service as many sacrificed their time, energy away from their families to protect people and properties throughout California.

https://www.sfchronicle.com/projects/california-fire-map/

https://www.fire.ca.gov/

 

How is your family and how are you handling the aftermath of the fires? I hope you and your family are doing well, but just know that it has effected everyone. It’s been a very rough few weeks here in northern California and the housing market certainly has been effected by the enormity and tragedies around us. Be safe & let me know if there’s anything we can do to assist.

Lynne Watanabe MacFarlane, MCDM, SRES | Realtor

PFAC Silicon Valley affiliate

Intero | A Berkshire Hathaway Affiliate

phone 831.346.2743 

 

Lynne MacFarlane, Realtor - Together, we got this!

 


Posted on September 18, 2020 at 11:04 pm
Lynne (Watanabe) MacFarlane | Posted in Economy, Housing Market, Real Estate, San Jose, Santa Clara, SANTA CLARA COUNTY, Sellers Market, Shelter in place, Sunnyvale | Tagged , , , , , , , , , ,

California Seller Listing Price Jump 34% in Hot Seller Market

The value of your home has never been higher, and the interest rates have never been lower!

Call me to discuss your selling options and purchase options in this HOT market and don’t miss out!

Listing prices in California have risen 34% since January as inventory shriveled amid the pandemic according to Mercury News (click link below.)

California Hot Seller market listing price jumps 34%


Posted on September 14, 2020 at 5:54 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY | Tagged , ,

California Housing Marketing Update – August 2020

 

California housing market continues recovery as median home price breaks $700,000 mark, C.A.R. reports

– Existing, single-family home sales totaled 465,400 in August on a seasonally adjusted annualized rate, up 6.3 percent from July and up 14.6 percent from August 2019.

– August’s statewide median home price was $706,900 up 6.1 percent from July and up 14.5 percent from August 2019.

– Year-to-date statewide home sales were down 6.8 percent in August.


Posted on September 12, 2020 at 12:31 am
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY | Tagged , , ,

What’s Your Favorite Feature of Your Home? Seller’s Letter in Saratoga [Video]

 

Seller’s ‘Love Letter’ to a buyer is a good idea – The seller can elaborate about their favorite best features of the property and the memories attached to the home. Also sometimes included in a letter to prospective buyers are neighborhood shops, restaurants, and parks. This love letter from the seller describes the pros and perceived cons and how much they think their home is worth and why. If you’re a seller would you consider writing a buyer love letter to your prospective buyers? Do you think this would benefit the sale of your home?

Leave your comments below and. your questions!

Curious to see the home which seller was referring to?

Check out the post here

 

Lynne MacFarlane Homes

Lynne Watanabe MacFarlane, MCDM, SRES, SRS | Realtor PFAC Silicon Valley affiliate Intero | A Berkshire Hathaway Affiliate

Text/voice: 831-346-2743

DRE# 02066698

www.lynnemacfarlane.com


Posted on September 2, 2020 at 7:13 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY, Saratoga, Sellers, Video | Tagged , , , , ,

100+ Days On Market… in Saratoga? Sept 1, 2020 [Video]

 

 

Here’s my search for all Saratoga homes listed on the market, click here:

https://lynnemacfarlane.realscout.com/homesearch/map?geo_type=city&geo_id=0670280&for_sale=1&for_rent=0

 


Posted on September 2, 2020 at 6:04 pm
Lynne (Watanabe) MacFarlane | Posted in SANTA CLARA COUNTY, Saratoga, Video | Tagged , , , , ,