San Rafael Real Estate Spotlight:
San Rafael’s Top 10 Most Expensive Homes Sold in 2017
My Listing at 87 Brodea Way is Number 6 on The San Rafael Top 10 of 2017
2017 was a great year for sellers in Marin and we saw a lot of movement in the upper end of the market in all areas of the county. San Rafael in particular made great strides in the high end market this year. For years, I have heard other real estate agents say that homes priced greater than $2mm in San Rafael will be a “tough sell.” This past year certainly proved that this is no longer the case. In 2017, we saw 37 homes sell for more than $2 million in San Rafael with 7 homes selling in the $3M+ and above range. The top sale in San Rafael was $7,300,000 and broke an all-time record for San Rafael real estate.
Buyers are increasingly drawn to the beautiful weather in Central Marin as well as close proximity to the bustling downtown San Rafael restaurant scene, outdoor activities and easy access to all other areas of Marin County. Many of my clients and friends use the nearby Larkspur Ferry to commute into the city – still one of the best commutes in the Bay Area. Click here to read my list of 10 of the best of San Rafael.
Below are the top 10 most expensive homes that sold in San Rafael in 2017, marking a true shift upward in the San Rafael real estate market.
ONE
The most expensive home sold in San Rafael in 2017 was Edgehill Estate at 120 Mountain View Avenue which sold at $7,300,000 — 91% of its original list price of $7,695,000. This lovely home listed in the Dominican Neighborhood not only broke records in 2017, but set a new all-time high price for San Rafael. The original MLS description: “One of Marin’s most grand historic estates has been exquisitely renovated to blend contemporary elegance with today’s lifestyle. Over 9,000 sq ft residence was taken down to studs rebuilt & expanded. Impressive formal & informal rooms open to the nearly 1.5 acre compound featuring specimen plantings, sprawling lawns, a pool house, saltwater pool, hot-tub, bocce ball court & giant chessboard. A paradise for entertaining & everyday living.” Please click here to see the property video.
TWO
NUMBER TWO: 201 Linden Lane in San Rafael’s Dominican Neighborhood sold in just 43 days for $6,000,000 which was about $487 per square foot.. The original MLS description: “Once in a lifetime opportunity! Perfectly sited on +/-2.0596 acres with majestic views of Mt. Tam, the +/- 10,341 sq ft, 7 bedroom, 6 full/3 half bath estate known as Deer Crossing has been beautifully updated and features large scale public rooms, high ceilings, an elevator that services all floors, carriage house with guest quarters, 6 car garage,2 gated entrances, pool & pool cabanas with kitchen, park-like grounds and well for irrigation.” Please click here to watch the property video.
THREE
NUMBER THREE: 48 Manzanita Avenue sold after just three weeks on the market in May 2017 for $4,225,000 which is about $820 per square foot. The original MLS property description: “This is an incredibly rare find: 1+ ac level land w/pool, lush lawns & fully fenced. Seamless indoor-outdoor flow. 7-bedroom, 5-1/2 bath 2-story home built in 2003, approx 5154 sq ft. Gated motor court holds approx 15 cars, 2-car garage w/ large room above–great gym. Guest house built in 2007; 1-bed/1-bath w/kitchen & liv rm plus its own private driveway. Easy San Francisco commute! Glenwood Elementary blocks away.” Please click here to view the property video.
FOUR
NUMBER FOUR: 40 West Seaview Avenue in San Rafael’s Country Club neighborhood sold for $3,900,000 after 126 days on the market for $733 per square foot. It is located right next to one of my big listings of 2016, 35 West Seaview Avenue. The original MLS description: “Experience Timeless Elegance! Custom built in 2003,the 5300+ sqft private Villa embodies the BEST in California Lifestyle! 22 ft ceiling entry welcomes you to warm & inviting Great Room encompassing Chef’s Kitchen, Dining, Living area & Family room all opening to heated Loggia, pool, expansive patio areas with Bay vistas from Mt. Tam to Mt. Diablo. Romantic master suite with sitting room plus campanile/tower! Stunning!” Please click here to see the property video.
FIVE
NUMBER FIVE: 91 Fernwood Drive sold in May 2017 for $3,750,000 or about $829 per square foot after just 26 days on the market. The orignal MLS property description: “Water views in Fernwood Estates. Private, gated oasis w/180 degree views. Wine room w/bar, infinity pool, hot tub, fire pit. Contemporary custom designed. Great layout w/master suite,office,all living spaces, kitchen,laundry, 3-car gar on main level. 3 bdrms & playrm/5th bd down. Outstanding outdoor space, huge lawn, oaks, fully fenced. Private, secluded.Drone video on property website captures the essence of this spectacular home.” Please click here to see the property video.
SIX
NUMBER SIX: I had the privilege of representing Olympic sprinter Michael Johnson and his wife in the sale of their home at 87 Brodea Way in San Rafael’s Country Club neighborhood. This beautifully maintained home was built in 2001 and sold in July of 2017 for $3,100,000 after just 66 days on market. My original MLS property description: “Owned by four-time Olympic gold medal sprinter, Michael Johnson, this exquisite SINGLE-LEVEL gated estate offers a level lawn, level drive, privacy & views! Truly a rare find in Marin. Located in San Rafael’s coveted Country Club neighborhood, this beautiful home was built in 2001 and features 10+ ceilings throughout, expansive rooms, an open concept kitchen & walls of glass that open to create an indoor/outdoor flow. Mt Tam views. 3-car garage. ” Note that the seller gave permission to use his name in the marketing of the home, which drew a lot of press coverage and interest. Please click here to see the property video.
SEVEN
NUMBER SEVEN: 71 Inverness Drive in San Rafael’s Loch Lomond neighborhood sold in November 2017 for $3,023,000 after just 36 days on the market. The original MLS description: “Sophisticated, architecturally stunning. Perfect for entertaining. Desirable main floor living. Lots of natural light. Unencumbered, breathtaking views of bay, Mt Tam. Spacious master bdrm suite, living rm, soaring ceilings, formal dining rm. Gourmet kitchen, breakfast area, family rm open to large patio, dazzling bay views, outdoor kitchen, hot tub. Impressive infinity pool. Lower level 4 large bedrooms. Wood floors, 2 fireplaces. 3-car garage.” Please click here to watch the property video.
EIGHT
NUMBER SEVEN: 107 J Street in San Rafael’s Forbes neighborhood sold for $2,895,000 in February of 2017 after 112 days on the market. The original MLS description: “BUILT in 2001! Spectacular, grand & modern Victorian with approximately 5500+ sq ft. of amazing architectural detail beyond belief. This masterpiece home is situated in the highly coveted Forbes neighborhood of San Rafael. Built in 2001 from the ground up featuring 4+ spacious bedrooms, 4 gorgeous full baths, 4 impressive fireplaces with custom mantels, a custom gourmet chef kitchen, and an exceptionally large 3rd floor.” Sorry, no property video available.
NINE
NUMBER NINE: 76 Bridgegate Drive in San Rafael’s Lucas Valley neighborhood sold for $2,894,000 in February of 2017 after 219 days on the market. The original property description in MLS: “Elegant yet casual gated estate designed for gracious entertaining with quality workmanship and exquisite finishes. Nestled on 2.69 glorious acres in Central Marin-privacy and serenity-sunny w/ wide open views. One story flowing indoor/outdoor living. Generous rooms with 10 foot celings, coveted chef’s kitchen, oversized master suite, 2 family rooms. Parking for 15+ cars. Truly unique-only the 6th gated country estate on market in 20 yrs.” Sorry, no property video is available.
TEN
NUMBER TEN: 114 Circle Road in the Los Ranchitos neighborhood sold for $2,645,000 in August of 2017 after 32 days on the market. The original property description: “Stunning 6BR/3BA & 2HF BA, home with over 4,200 sq. ft. of living space. 1.1 ac. lot in Los Ranchitos. Features Formal entryway opening to living/dining room with gas fireplace. A large kitchen with adjoining family room. Both levels have master suites. The lot can accommodate a pool, tennis court, barn and hobby vineyard. Buyers can create their dream property! And a three-car attached garage plus large office. Ask about the wells!” Sorry, no property video available.
I hope you have enjoyed seeing some of the most expensive homes that sold in San Rafael in 2017. Wondering what your home may be worth in today’s market? I would be happy to discuss that with you — please call or text me at 415-847-5584 and I will put together a complete market analysis tailored to your neighborhood and street. I have sold many homes in San Rafael over the years and know the market very well.
I am glad to see our home prices appreciating here in San Rafael. I have lived here 25 years and love it.
I love scrolling through these gorgeous homes. San Fafael has some truly stunning real estate. Can’t wait to see what 2018 brings!
Judy, I agree, these homes were all truly spectacular. I too look forward to seeing more beautiful homes in 2018. Hope you are well!