Marin Real Estate, Three Terrific Gems

When prices drop on stocks, gold, chocolate and yachts, the selling agents (stock brokers, etc.) pull up their knickers and sell, sell, sell. Yet right now there is a collective moan in the real estate industry: The number of homes on the market in Marin is exceptionally low.

The broker concern is semi-correct: On the one hand, compared to the same week in last January there are 25% fewer properties for sale right now; on the other hand, there are gems to be found in the few homes. On Thursday, among the 83 homes on the broker’s tour of central Marin, there were three outstanding gems, three gems listed by Jen Pennington, Melann Mushet and Linda Tull.

First, the listing at 58 Bridgewater. This is a beautifully maintained, well appointed four bedroom home in San Rafael’s Marin Lagoon. It is being offered at the solid price of $637,000. My buyers knew about this one last Friday when it was on our Marin Real Tours (a select group of Realtors have hired a bus to tour with monthly for the past 16 years) previews of select homes. Great value, motivated sellers and Jen is one of my favorite agents.

Second of the three best is the very private view home at 325 Vista Grande, Greenbrae. Oh la la, this is a marvelous home with BIG views, wonderful grounds, hardwood floors and vaulted ceilings. Offered at what I consider a bargain price … $1,299,000 … the sun rises and sets on this property.

The third gem is a six bedroom home down the street from where I lived some years back, San Anselmo’s Yolanda Park. The home at 114 Alder Avenue radiates art, joy, fun and elegance. Like Dancing Coyote Beach, another of my favorite properties (one I owned in Inverness), this property has been used extensively for Pottery Barn photo shoots. My favorite room: the large outdoor covered porch (last year, when I sold the home next door, I fell in love with the entertainment quality of this porch). My favorite feature: the skylight at the top of the stairs which is framed to an elliptical shape.

There you have it …. inventory is low and opportunitiesabound for people who go forth and brave the slim pickings. Call if you want to go shopping.