Fall Real Estate 2011 -- section 1

Page 4

*OTJEF FALL REAL ESTATE 2011

A Palo Alto Weekly and Almanac publication EDITOR: Carol Blitzer DESIGNER: Diane Haas ON THE COVER: This home at 84 Nora Way sits on close to an acre in West Atherton. Built in 2009, the Mediterranean-style, 6,615-square-foot home has six bedroom suites, four fireplaces and a pool with a waterfall feature and gazebo. Asking price: $ 6.18 million. Photograph by Bernard Andre.

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When the price is right ... Well-valued properties are selling quickly along the Midpeninsula

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Location vs. amenities What can you find at different price points?

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Are cash-rich homebuyers impacting the market? Home prices on the rise as technology companies go public

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Rentwatch In tough economic times, can a manager relax the financial qualification rules?

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Matchmaker, matchmaker, find me a mansion Palo Alto startup aims to connect buyers and sellers of off-market properties

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Condo market slower to rebound Low prices, large inventory offers opportunity for renters and investors

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Plenty of room in senior community Housing-market downturn impacts Moldaw residences

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Tremendous Remodeled Sprawling Ranch-Style Home s $ESIRABLE SINGLE LEVEL HOME WITH BEDROOMS AND BATHS s %XTRA LARGE LEVEL LOT OF APPROXIMATELY ACRES SQUARE FEET s 3PACIOUS LIVING AND DINING ROOM ENSEMBLE WITH CATHEDRAL CEILINGS s 'OURMET CHEF S KITCHEN WITH TOP-of-THE-LINE APPLIANCES AND BREAKFAST BAR s &ABULOUS REAR GROUNDS WITH POOL SPA l RE PIT l REPLACE AND VOLLEYBALL COURT AND POSSIBLE TENNIS COURT SITE

Atherton

s %XCELLENT LOCATION JUST ONE BLOCK FROM (OLBROOK 0ALMER 0ARK AND EASY ACCESS TO COMMUTE ROUTES TO ALL OF 3ILICON 6ALLEY OR 3AN &RANCISCO s 7ITHIN THE EXCELLENT -ENLO 0ARK 3CHOOL $ISTRICT

133 Burns Avenue

Offered at $4,295,000

at $3,695,000 OfferedOffered at $3,195,000

OPEN SUNDAY, July 3, 1:30 – 4:30 pm

STEVEN LESSARD Information deemed reliable, but not guaranteed.

650-851-2649 stevenlessard.com

Specializing in Marketing and Sales in Atherton, Woodside, Menlo Park, and Portola Valley Since 1994 Page 4 I Fall Real Estate Special Section


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