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SF EAST BAY Volume 8 Issue 12

LUXURY LIVING SPACES & SPECIALISTS

SEE PAGE 24 ST U N N IN G N E W CO NST R U C T I O N I N SAR ANAP Presented by Kelly McCormick & Andrea Klein with J. Rockcliff Realtors DIRECT MAILED TO LUXURY HOME OWNERS, BUYERS, AND SELLERS ACROSS THE SF BAY AREA PUBLISHED BY HOMEFOLIOMEDIA.COM


//NEW LISTING A Dream Rancher With Charm Everywhere

569 Silverado Drive, Lafayette

The opportunities are endless for this fabulous family home in the heart of the Burton Valley Neighborhood.

This charming, ranch home is approximately 1700 square feet with 3 bedrooms, 2 baths, lovely hardwood floors and vaulted living room ceiling. The kitchen has views of the front yard and opens to a level .23 acre backyard with patio and inviting rose garden. The seamless indoor/outdoor living provides for gracious entertaining, great family fun areas, a child’s play structure, outdoor kitchen, and a garden. You will love the walkability and biking that Burton Valley offers - no carpools to arrange! Walk to Burton Valley Elementary School, and the coveted Merriewood’s Children’s Center, Rancho Colorados Swim and Tennis Club, Las Trampas Swim Club and bike to Stanley Intermediate School on the Lafayette Bike Trail. A very special neighborhood which provides all these amenities, conveniences.

//EXCLUSIVELY OFFERED BY SUE LAYNG AT $1,155,000 Sue Layng // BROKER 925.963.7189 sue@suelayng.com www.suelayng.com BRE# 000970956

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Jeff Snell & Lynda Snell ~ Your Real Estate Resource COMING SOON!

NEW LISTING!

10 Creekledge Court, Danville Danville estate home located at the end of a landmark Colonial street! 5 bedroom, 4.5 bathroom, 6000 sq.ft. home on 1/3 acre parklike yard with pool, 4 car garage, detached studio and more. Call or email for details

215 Grover Lane, Walnut Creek Top Location in desirable South Walnut Creek! Spacious 4 bedroom, 2 bathroom rancher featuring 1928 sq.ft. and situated on a .44 acre lot with privacy and near end of cul-de-sac. www.215Grover.com Offered at $849,000

COMING SOON!

902 Darmouth Way, Concord 4 bedroom, 2 bathroom 1752 sq.ft. home on .23 acre level lot with pool and garage lovers dream with 4 covered parking spots! Updated home has kitchen/family room combo and beautiful yard! Call or email for details

Lynda@lyndasnell.com | Jeff@jeffsnell.com Virtual tour, more photos & details @ www.jeffsnell.com

WALNUT CREEK

3062 Bowling Green Drive, Walnut Creek

CONCORD

Allegro Avenue, Concord

Giving Dreams an Address

PLEASANTON

2500 Finley Road, Pleasanton

Beautiful 4 bedroom, 3 bath home in prime neighborhood. Walk to Northgate H.S. Home has been meticulously maintained and updated throughout. Lush backyard with a pool, rolling lawn, deck off dining room, hot tub and view of /Mt. Diablo. Close to parks, shopping, trail and Mt. Diablo. $1,125,000

Conveniently situated in the Park Pavilion subdivision, near the intersection of Ygnacio Valley Road and Clayton Road, this 3 bedroom, 2,5 bathroom home boasts 1448 sqft of living space. Located on the largest lot in the subdivision the home also features a pool.  $475,000

Located on 1.83 acres this 2 story 4050 sqft. custom home has 6 bdrms & 4.5 baths. There is an approx. 1000 sqft. guest house and 2 garages for up to 6 cars. Updated kitchen, new SS appliances and Quartz counter tops. Spiral staircase. Solar. Fenced-in paddock, Castlebrook barn has 3 12x12 stalls + feed + tackle area.  $2,195,000

Karen Ranger (925) 876-8825 CalBRE# 00635258

Katya Svetlakova (925) 998-2822 CalBRE# 01384612

Karen Carnegie-Stoch (925) 200-1184 CalBRE# 00671700

www.executivebrokers.net 4


1204 Glen Road, Lafayette

NEW MODERN CLASSIC FARMHOUSE WITH PRICELESS VIEWS ON 2.07 ACRES IN PRESTIGIOUS HAPPY VALLEY

Extraordinary new residence by SpringHill Homes boasts 4,225 sqft of absolutely stunning living spaces on a rare 2.07 acre Happy Valley lot with epic views of Lafayette Reservoir, it’s iconic tower and the surrounding hills. Just completed, this spectacular family home was designed by renowned architect Alan Page of Talon Design Group and has 5 bedrooms, 4 1/2 baths, oversized 2 car garage, privacy, a phenomenal and open floor plan perfect for California indoor/outdoor living, premium timeless finishes and awe-inspiring scenic views from every room. Highly desirable and private Happy Valley location is walking distance to downtown Lafayette and BART. Award winning schools. www.1204GlenRoadLafayette.com | Offered at $3,650,000

www.annsharf.com ~ ann@annsharf.com Giving Dreams an Address


April Matthews 925.253.2147

dreamhomelamorinda.com aprilmat@comcast.net CalBRE#01221153

The LINDA FRIEDMAN Team presents

Historic Orinda Country Club Estate Walk to town from fabulous 5 bedroom traditional home with gracious formal living and dining rooms, light and airy gourmet kitchen/family room, spacious play room plus detached cottage. French doors, hardwood floors, vaulted ceilings, 3 fireplaces, private master suite. Beautiful grounds include a completely separate lot--can be sold independently, retain as estate property, or create family compound! First time on market in half-century!  $2,498,000

assisted by...

PEGGY HARMATZ

LINDA FRIEDMAN

REALTOR, MBA MKTG 925.899.6321

BROKER, J.D. 925.899.2336

PEGGY.HARMATZ@GMAIL.COM

LINDA@LINDAFRIEDMAN.COM 6

CALBRE#00521002

www.lindafriedman.com

CALBRE#01200791


“So, give me land, lots of land under sunny skies above ... “ 1659 Reliez Valley Road, Lafayette Charming, much loved 1900+ sqft home on wonderful .4 acre level lot with ample room to garden, play, entertain or expand if desired. Hardwood floors and Anderson dual panes thru’out. Lafayette schools and close to hiking/biking trails.

3913 Happy Valley Road, Lafayette Represented Seller Sold for $2,500,000

3484 Springhill Court, Lafayette Represented Seller Sold for $1,300,000

3461 Stage Coach, Lafayette Represented Seller Sold for $1,990,000

www.annward.com | annward@annward.com


BEYOND YOUR Wilder DREAMS www.31paintbrushlane.com

List price: $1,150,000, includes the lot and approved plans

THERE IS A “LOT” YOU CAN DO HERE Much of the hard work is done. Get ready to break ground on your dream home.

Amy Rose Smith 925.212.3897 amy@amyrosesmith.com CalBRE: #01855959

Karen Murphy k.murph@comcast.net (925) 788-6322 CalBRE: #00699318

After two years of painstaking design review, this premium Wilder lot with sweeping views of the beautiful valley is available for Re-Sale. Including impressive plans for an approx 4500-5000 sqft home designed by award winning modern architect Bob Swatt. Please contact us for further information and a tour of the site.

Hillary Murphy Hillary@MurphyTeamRE.com (415) 309-5061 CalBRE: #01967218


New House Convenience

IN ORINDA GROVE

JUST LISTED!

2385+/- Sq Ft, 4 beds, 3 baths www.42morelloplace.com $1,378,000

33 DIABLO CIRCLE, LAFAYETTE (BUYERS) 25 BYRON DRIVE, PLEASANT HILL (BUYERS)

IN SLEEPY HOLLOW

JUST LISTED!

42 Morello Place, Orinda

Recently Sold

Traditional Tranqulity

109 Van Ripper Lane, Orinda 2952+/- Sq Ft, 4 beds, 3 baths, .79 acres www.109vanripperlane.com CALL FOR PRICE

Coming Soon

918A DEWING AVE, LAFAYETTE

Still Available

88 SUNNYSIDE LANE, ORINDA FOR LEASE

FINDING THE RIGHT FIT

AMYROSESMITH

Amy Rose Smith Village Associates 93 Moraga Way Suite 103 Orinda, CA 94563 Phone: 925.212.3897 Email: amy@amyrosesmith.com Web: www.amyrosesmith.com Web: www.iloveorinda.com CalBRE: #01855959

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Get in Here:

Walnut Creek Homes are Coming on NOW!

Parkmead Gem: Built in 1995, this gorgeous home is located on a quiet court in a prestigious neighborhood and features a great floorplan and lovely views. The 3325 square foot home offers beautifully updated living space, a coveted 3-car garage, a fabulous master suite with views, a gorgeous kitchen/family room combination with vaulted ceilings and a very private guest bedroom with a private bathroom and a separate entrance. There’s amazing storage, the rear yard is private and lush and the kids can walk to K-12 years of top schools! Hurry on this one! $1,345,000.

Lakewood Charmer: This beautifully updated single-story rancher offers an idyllic location in the coveted Lakewood area. The neighborhood is known for its wooded setting, fine homes, and of course,Walnut Creek’s only lake! Walk to highly acclaimed Indian Valley Elementary and stunning Shell Ridge Open Space and yet you’re just a few minutes to downtown Walnut Creek, BART and the 680/24 interchange. Beautiful inside and out for a list price of about $900K! OPEN SAT/SUN, 3/4 & 3/5, from 1-4.

Saranap with Lafayette Schools: So charming, inside and out! Located in a super sweet neighborhood near the Lafayette trail, this updated, single-level home features a fabulous master suite with a stunning master bath, a kitchen that opens to the family room, raised, wood beam ceilings, hardwood floors, over 2000 square feet of living space and so much more! You’re close to downtowns Walnut Creek and Lafayette, two BART stations and the 680/24 interchange. Great location and a great price too!

Antonia is a Walnut Creek native and a second-generation Walnut Creek realtor with stellar client reviews and a track record for earning homeowners the most money on the sale of their home*. *Based on MLS data for the average dollar per square foot of homes sold in WC from Jan. 1, 2016 – Dec. 31, 2016 by the top 3 Walnut Creek listing agents. Antonia ranks #1 in getting homeowners the most for their home.

www.AntoniaHomes.com • Antonia@AntoniaHomes.com 10


PRESENTING

1 4 6 5 R A N C H O V I E W D R I V E , L A F AY E T T E E X C E P T I O N A L R E L I E Z VA L L E Y R E T R E AT

O F F E R E D AT $ 4 , 4 9 5 , 0 0 0 Nestled in an easily accessible pocket of the Reliez Valley, this gated 4BR + office + media room/3.5BA, 5045± sq. ft. European-inspired estate offers rare and stunning panoramic views of Mount Diablo and the surrounding hills, incredible natural light, Venetian plaster walls, antique lighting, natural wood accents, and wonderful old-world charm. This exceptional retreat sits on 2.8± acres of usable land with multiple level areas for dining and entertaining, pool, vineyard, olive grove, gardens, lawns and a detached studio. Enjoy wonderful privacy and a resort-style setting while being minutes from top Lafayette schools, recreation and commute routes! LAFAYETTE’S #1 REALTOR SINCE 2008

925 . 3 39.1918   |   L I CEN SE # : 01482454

1 4 6 5 R A N C HOV I E W D R I V E .CO M


Coming Soon in Happy Valley!

THIS EXQUISITE CUSTOM ESTATE exudes sophistication and expert craftsmanship with a functional design that provides gracious entertaining and comfortable everyday living. Beautifully appointed throughout with an eye for detail and the finest of finishes. Step outside to enjoy enchanting gardens, level lawns, expansive outdoor entertaining areas, pool and cabana with fireplace and outdoor kitchen. Ideally located near to downtown’s shopping and restaurants, BART, Hwy 24 & top rated schools. This is a perfect place to call home! Call Stella for Additional Details and to Arrange a Private Showing!

t rke Ma f f dO Sol

4064 Valente Court, Lafayette 4 bedrooms , 3 baths | 2927+/- sqft | .30+/- acres | Offered at $1,750,000

4147 Canyon Road, Lafayette 5 bedrooms , 3.5 baths | 3742+/- sqft | .83+/- acres | Sold at $2,950,000


Our Listings License # 0186677

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1982 Reliez Valley Road, Lafayette

514 Silverado Drive, Lafayette

4 Bedrooms | 4 Bathrooms | 4748± sq. Ft. | 1.12± acres Offered at $3,300,000

4 Bedrooms | 2.5 Bathrooms | 2377± sq.ft. | .76± acres Offered at $1,379,000

5K $15 g! r d fo kin Sol er As Ov

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104 Hodges Drive, Moraga

1414 Eagle Point Court, Lafayette

4 Bedrooms | 3 Bathrooms | 2049± sq. ft. | .23± acres Offered at $1,195,000

4 Bedrooms | 3 Bathrooms | 3000± sq. ft. | 3.23± acres offered at $1,595,000

*COMING SOON – 141 Westchester Drive, Moraga Country Club remodeled beauty | Single level | 3 Bedrooms | 2 Bathrooms | 1867± sq. ft. Call for Details

KURT PIPER

SCOTT SANS

LESLIE PIPER

DASHA SIENITSKY

925.818.8000

925.216.7583

415.990.4929

845.798.2077

License #: 01130308

License #: 01919680

License #: 01296053

License #: 01959571

925.818.8000 Kurt@KurtPiperGroup.com KurtPiperGroup.com


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Karen Richardson Group Phone: 925.639.3904

Website: KarenRichardsonGroup.com

BRE#01407557

E-mail: Karen@karenrichardsongroup.com

6 bedrooms

Approx. 4300 SF

Open floorplan, high end finishes & appliances

Pool with outdoor kitchen & cabana

Close to the trail and minutes to downtown

Sneak peak– Coming Soon!

Moraga Blvd, Lafayette

Sneak peak– not on MLS! Lafayette New Construction Homes 5 beds, 5 baths, 4,200 sf

6 beds, 6 baths, 4,953 sf

4 beds, 3.5 baths, 4,055 sf


Silver Dell Gem!

16 Fallen Leaf Court, Lafayette Situated on a fabulous cul-de-sac in the sought after Silver Dell pocket of Lafayette sits this wonderful 4BD/2.5BA updated rancher. With 2,581+/- sq.ft., this single story home enjoys an open floorplan and great living spaces including formal living and dining rooms, lovely kitchen that opens to a great room overlooking the yard, great master suite and a separate laundry room. Enjoy the fantastic flat .55+/- ac. yard with pool, play and entertaining areas. Don’t miss this true gem! 16FallenLeafCourt.com | Call for Price

olodffers S t s u J multiple

with

Rare Downtown Jewel! 14 Moss Lane, Lafayette

Ideally situated just minutes from downtown Lafayette, BART & freeway access sits this rare opportunity to own a charming turn-key 2BD /2BA home in Deerhill Park. This 1,442+/- sq.ft. home is tucked back at the end of Moss Lane offering both privacy & convenience as well as a wonderful open floor plan, vaulted ceilings, hardwood floors, large bedrooms and a lovely private patio & garden area. 14MossLane.com | Offered at $799,000

www.BrydonIvesTeam.com BrydonIvesTeam@apr.com


SOLD

Multiple Offers

1180 Hanna Grove Trail, Walnut Creek

1 story, approx. 4,200+/- sf home + guest house located in sought after Northgate area on 1.14+/- acre level lot with views of Mt. Diablo! Main home offers vaulted ceilings, formal living and dining rooms, remodeled gourmet eat-in kitchen adjoins family room, 4 bdrms plus bonus room, and 3 car garage. Guest home offers vaulted ceilings, living room, eat-in kitchen, 2 bdrms & separate parking. Grounds offer lush lawns, patios, pool, steps to Shell Ridge open space trails, possible horses, and much more! $2,179,000

SOLD

Once in a Lifetime

154 Brodia Way, Walnut Creek

Gorgeous, custom 4,732+/- home located on over 1.25+/- acres with views of the Valley offers an impressive entry, elegant formal living and dining rooms, gourmet eat-in kitchen with top of the line appliances opens to large family room, 4 bdrms plus huge bonus room or 2nd family room and an exercise room or 5th bdrm, 3 full baths, private master suite with views, 3 car garage plus an additional garage for horse trailer or car, pool, and much more!  $1,700,000

SOLD

2335 Deer Valley Lane,Walnut Creek

This wonderful “Sound of Music” 8,400+/- sf estate is a Classic Masterpiece, situated on over 1.5+/- acres within the exclusive and gated Mockingbird community, surrounded by open space and offering commanding views, city lights, and the valley below. Spectacular “Ball Room” entry, 7 bedrooms, 5 full and 2 half baths, stately office, billiard room & au-pairorin-law setup. Master suite, park-like grounds with pool, 4 car garage, and much more! Video Tour at www.2335DeerValleyLn.com.  $2,970,000

SOLD

Sold in 1 Day 

Fabulous Custom Home

English Country Estate

2875 Spring Creek Lane, Walnut Creek

Smashing 4,300+/- sf English Country Estate located on a 2.25+/- acre lot, which backs to Shell Ridge Open Space with trail access and views of Mt. Diablo provides formal living & dining rooms with limestone fp, eat-in kitchen adjoins family room with fp, bonus room, office/library, 4 bdrms, 4.5 baths, master retreat and wrap around balcony, porte cochere, 3 car garage, possible equestrian facility offers arena, 4 stalls, rubber walls, automatic water, hot wash rack, tack room with kitchen, each stall with paddock. $2,598,000

SOLD

3994 Arbolado Drive, Walnut Creek

Gorgeous 2,909+/- sf Rancho Paraiso home located on a .32+/- acre lot that backs up to Open Space offers hardwood floors, crown molding, high ceilings, dramatic entry, formal living and dining rooms, gourmet eat-in kitchen adjoins family room, 5 bdrms, 3 baths, 1 bedroom and bath on main level, large master suite with views of Open Space, 3 car garage, wonderful backyard with level lawn, waterfall, views and much more!  $1,475,000

Multiple Offers

2086 Stratton Road, Walnut Creek

Stunning 2,470+/- sf 1 story Northgate home located on a level .23+/- acre lot offers an open floorplan, fabulous French Oak hardwood floors, formal living and dining rooms with fireplace and vaulted ceiling, remodeled gourmet eatin kitchen adjoins family room with vaulted ceiling and fireplace, 4 bedrooms, 2.5 baths, large master suite with vaulted ceiling and luxurious master bath, 3 car garage, gorgeous backyard with expansive patios, pergola, level lawn, mature trees, hot tub, and much more! $1,211,000

www.RitaDhillon.com


PENDING

New Listing

SOLD

3704 Northgate Woods Court, Walnut Creek

Stunning 5,654+/- sf home located on nearly 1+/- acre level lot offers incredible curb appeal with a circular driveway and water fountain, impressive entry foyer, formal living and dining rooms, large gourmet eat-in kitchen, huge bonus room with bar, 5 bedrooms, 4 full and 2 half baths, craft room, massive 4 car garage, porte cochere, fabulous backyard with pool, level lawn, built-in barbeque, outdoor bath with sauna, and much more! $2,298,000

SOLD

Gated Resort-Style Compound

2897 Spring Creek Lane, Walnut Creek

Exceptional, approximately 4,700+/- sf custom home located on a 2.5+/acre lot that backs to Open Space with direct trail access offers stunning curb appeal, high quality finishes throughout, impressive entry foyer, elegant formal dining room, fabulous gourmet eat-in kitchen adjoins huge family room, wine room, butler’s pantry, 5 bedrooms, 4.5 baths, office, 3 car garage, huge level area perfect for horses, and much more! $3,000,000

SOLD

42 Comistas Court, Walnut Creek

Fabulous private, 4,805+/- resort style 1 story compound on rarely available, 1.38+/- acre lot offers a circular driveway, sprawling 1 story main home with 5 bedrooms, 3.5 baths and 3 car garage, 1 story guest home with 2 bdrms, 1 bath and 1 car garage, incredible grounds with pool and spa, mature landscaping, level lawns, expansive patios and decks, play structure, sport court, tons of parking, covered parking for boat, possible horses and much more!  $2,250,000

SOLD

Multiple Offers 

Sold in 1 Day

Multiple Offers 

604 Timberleaf Court, Walnut Creek

Gorgeous 3,572+/- sf Rancho Paraiso home located on a huge .39+/- acre with views of Open Space offers an open floorplan, formal living and dining rooms, remodeled gourmet eat-in kitchen adjoins large family room, 6 bedrooms, 4.5 baths, luxurious master suite, 3 car garage, huge backyard with views, vast lawn, pool, and much more! $1,650,000

SOLD

635 Rock Oak Road, Walnut Creek

Beautiful, remodeled 1 story 1,690+/- sf home on .22+/- acre lot offers open floorplan, hardwood floors, formal living room with vaulted wood beam ceilings, gourmet eat-in kitchen adjoins family room, 3 bedrooms, 2 baths, large 2 car garage, wonderful backyard with patio, level lawn, views, and much more! $950,000

Multiple Offers

1821 Stratton Circle, Walnut Creek

Stylish, contemporary 1,726+/- sf townhome remodeled to perfection with 2 bdrm suites and 2.5 baths, located in sought after The Village community, offers Bamboo strand hardwood floors, 2 story entry foyer, living and dining roomwith loft-like brick wall, modern fireplace, bar and wall of custom folding patio doors to backyard, chef’s gourmet eat-in kitchen, chic powder room, huge master suite with spa-like bath, additional bdrm suite, 2 car garage, large backyard, community pool, tennis court, and much more! $750,000

www.RitaDhillon.com


EXPERT KNOWLEDGE ... EXCEPTIONAL SERVICE

JIM COLHOUN COMING SOON IN ORINDA!

JIM COLHOUN

You’ll love the setting of this classic Orinda home at 4400 El Nido Ranch Road. Located on a private court, away from the street, this home features beautiful trees and a large front lawn. It was recently remodeled and enjoys a fully-permitted downstairs guest apartment with separate entrance, kitchen-living room combo and bath. Call Jim Colhoun at 925.200.2795 for additional information. Offered at $1,595,000

APR.COM

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REALTOR® 925.200.2795 jim@apr.com jimcolhoun.com License# 01029160


THE ROCHFORD TEAM PRESENTS: LAMORINDAINVESTMENTOPPORTUNITY

3760-3762SUNDALEROAD LAFAYETTE,CA

5 DIABLO OAKS WAY, LAFAYETTE ‰ 6

BR | 5.5 BA | Au-Pair | Built 2000| 4,804 sqft | 0.77 acres www.5DiabloOaks.com | Call for More Info

Offeredat$935,000.00 TOM ROCHFORD REAL ESTATE COMPANY

TOM: (925) forfurtherinformationpleasecontact 285-0436 | BRIAN: (925) 285-0439

Tom REALESTATECOMPANY WWWRochford .LUXURYHOMESOFLAMORINDA .COM COMMERCIAL&RESIDENTIALBROKERAGE

CalBRE#01127257

TEL:(925)285-0439FAX:(925)299-2374 CABRE01127257 Visitusonlineatwww.tom-rochford.com

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CELESTE PACELLI Proudly Presents... 16 SKY TERRACE, DANVILLE | JUST LISTED!

Westside! Private Gated Estate with magnificent views of Mt. Diablo and surrounding hills on approximately 1.5 acres. 5 bedrooms, 5 full and 2 half baths, approx. 6650 sq. ft. Infinity edge pool, guest cottage and 8-car garage. $4,995,000 | www.16SkyTerrace.com

220 PIEDMONT LANE, DANVILLE | COMING SOON

El Pintado Loop! This beautiful estate down a private lane in Danville offers over 6000 sq. ft. on approximately 2 acres with 6 bedrooms, 5 full bathrooms and 2 half baths, and includes a formal living room and dining room. Pool, spa, room for vineyard. Call for Details | www.220PiedmontLane.com

COMING SOON

Celeste Pacelli, QSC,CDPE

Broker Associate | 925.395.1511 celeste@celestepacelli.com www.celestepacelli.com

119 ALAMO SPRINGS DRIVE, ALAMO

Stunning Single Story in Alamo Springs, 4 bed, 4.5 baths, approx. 5100 sq. ft., 3 car garage


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2608 Cherry Lane, Walnut Creek Sophisticated Craftsman under a canopy of majestic oaks | 4 bedrooms/2 bath, 2,405 sf | Stunning level .34 acre setting | Meticulously updated with high end finishes throughout | Gleaming hardwoods | Marble finishes | Rohl Italian fixtures | Solid core doors | Sought after Walnut Creek neighborhood near trails, open space and easy commuting access | Price upon request

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1397 Boulevard Way, Walnut Creek New light-filled Craftsman | 4 bedrooms/3 bath, 2,723 sf | High-end finishes | Single stor y floorplan | European oak hardwoods | 8’ Mar vin sliders | Chef ’s kitchen with Quar tz counters & Thermador appliances | Master suite with luxurious bath | Private setting with mature oaks Permeable paver patio/driveway | Desirable Saranap neighborhood | Offered at $1,550,000

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2330 Oakvale Road, Walnut Creek Tucked near downtown on a pristine court on Walnut Creek’s Westside 4 bedrooms/3 bath, Over 3,700 sf | Magnificent custom home | Slab granite finishes | 3 car garage | Sprawling lot with mature trees | Detached hobby room with hot tub | Stunning views of Mt. Diablo | Price upon request 12

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6 Evergreen Court, Walnut Creek Top Lafayette schools | 4 bedrooms/4 bath, Approx. 3,000 sf | Stunning private .61 acre setting | East coast traditional | Rich hardwoods | Great cour t location | Amazing finished garage | Designer colors | New paint New carpet | Great oppor tunity in Saranap | Price upon request


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1891 Castle Hill Road, Walnut Creek Stunning .60 acre setting with sweeping Mount Diablo views | 2 bedrooms/1 bath, 1,200 sf | Charming cottage | Updated kitchen and bath | Large level backyard | Expansive entertaining deck with oak studded views | Room to expand in a prime location | Surrounded by upscale homes on Walnut Creek’s Westside near The Iron Horse Trail | Price upon request

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Arlene Drive, Walnut Creek Walk to downtown | Beautifully updated home on one of Walnut Creek’s most sought after streets | Over 2,200 sf | Level .25 acre lot | Gleaming Hardwoods | Charm and character throughout | Private pool setting Colorful gardens | Backdrop of majestic oak trees | Price upon request

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27 Monte Crest Court, Walnut Creek Spectacular Tice Valley Home | 4 bedrooms/3.5 bath, 3,743 sf | Located in an enclave of high end custom homes | Oak hardwoods | Custom stone & tile finishes | Gourmet eat-in kitchen with European island | Great in-law set-up | Private view deck | Lush lawn & gardens | Sold for $1,600,000

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1163 Keaveny Court, Walnut Creek Walnut Creek Schools | 5 bedrooms/3 bath, 3,034 sf | Soaring vaulted ceilings | Hardwood flooring | Slab granite counters & European center island New plush carpet | Tranquil master suite with luxurious bath | Three car garage | Raised garden beds | Inviting trellis arbor and enter taining patio Mt. Diablo views | Close to trails, shopping and commuting access | Sold for $1,338,000 12


managing

WITH

Capital Gains Tax 1031 EXCHANGE


By Kimberly Gomes

It’s no secret that many homeowners halt on listing homes after realizing the high cost that comes with a capital gains tax. With this in mind we’ve compiled expert insight on how to offset this common tax woe by converting a principal residence into a temporary rental property to utilize both the IRC 121 and 1031 Exchange.

couples/$250,000 for individuals). However, if you were to rent out your home for one to three years of those five years after living there, then you’d also be able to qualify for the 1031 exchange. (Be sure to discuss the recommended rental period with your tax advisor). However, some homeowners don’t want to convert their property to a full-time investment and wish to sell right away. If this is the case and sellers think the gain on the property will exceed the 121 exemption, then the seller and the Realtor can discuss whether the home currently has a second use. If the client has a home office, or if they rent any portion of the property, then it can be viewed as both

Basics of Capital Gains Tax To put it simply a capital gain occurs when you sell something for a higher price than you purchased it, which is essentially a guarantee in the Bay Area’s housing market. Consequently many homeowners shy away from selling their primary residence due to the colossal tax that comes the profit. For instance, if you purchased your property for $200,000 thirty years ago, which includes any capital improvements done on the property, and were to sell it for its current value of $1,500,000, then you’d have a profit of $1,300,000. Per the IRC 121 if the homeowners are married, then they’re able keep $500,000 of the profit, but would have to pay a capital gains tax on the remaining $800,000. Whereas, individuals would be able to keep $250,000 of the profit. “Most people don’t appreciate how substantial of a hit a capital gains tax can be. By the time you factor in state and federal taxes, depending on the clients income level, capital gains tax can be anywhere from 25 to 35 percent of whatever the profit is,” says Ron Richard, Certified Exchange Specialist and Vice President of Investment Property Exchange Services, Inc. “So, it’s a substantial amount which stops a lot of people from selling their property because they don’t want to give one-third of it to the government.”

1031 Exchange So, how can you work around this? Well, homeowners interested in selling their primary residence can convert their home into a temporary rental property, which would enable them to utilize the 1031 exchange. Within 180 days of sale you would then have to purchase another investment property of equal or greater value to your home’s sales price minus the exclusion. For example, if you sell a property for $1.5 million and were able to keep $500,000 through the primary residence exclusion, then you only have to reinvest $1 million dollars into a new investment property in order to not be taxed capital gains on the $1.5 million sale. Let’s explain things a bit further. The law says a homeowner must live in a property for a minimum of two years out of the last five to deem it a primary residence and receive the IRC 121 exclusion ($500,000 for

an investment and a residence at the same time. If this is the case, that percentage that they are declaring to the IRS as non-residence of the property can qualify for a 1031 exchange. “So, if I’m renting out a room, or say 20 percent of my house, then I could do an exchange on 20 percent of my sales price, and the rest I could get that $250,000 exclusion if I were single or $500,000 if I were married,” says Ricard. Naturally the paperwork involved with a 1031 Exchange is quite robust, so the IRS requires an intermediary to facilitate the process. Due to its complexity, professionals like Ricard dedicate their entire business to handling 1031 Exchanges. For more information on how to manage your capital gain with an IRC 121 or 1031 Exchange contact Ron Richard of Investment Property Exchange Services, Inc at (877) 747-7875.


L OV E L A M O R I N DA L I V I N G ! “Park-Like” Lot

MCC Single Level

94 Sanders Ranch Road, Moraga Very rare park-like property w/ views in Sanders Ranch. Mostly level .66 acres, sports court, pool and spa. Over 4600 Sqft, 5 Br, 3.5 Ba, bonus room, & 2 offices. $2,550,000

www.94SandersRanchRd.com

1725 St Andrews Drive, Moraga Expanded single level home in Moraga Country Club. 1770 Sqft, 3 Br, 3 full Ba, office & beautifully remodeled kitchen. Short walk to the Clubhouse. $1,150,000

www.1725StAndrewsDr.com

Gorgeous!

4 Great Lots!

1161 Larch Avenue, Moraga Unique 24.6 acre property for a grand estate or 4 lot subdivision. Former Moraga Tennis & Swim Club. Subdivision partially completed. Call for info. $2,490,000

www.1161LarchAve.com

“WHO YOU WORK WITH MATTERS!”

15 Merrill Drive, Moraga Beautiful Georgian Colonial home with striking curb appeal. 4525 sqft, 5 Br, 4.5 Ba on .51 ac. lot. Gorgeous kitchen, bonus room, in-law suite. $2,495,000

www.15MerrillDr.com

Professional Staging with every listing

Try “Top 1%” Experience because we go the distance

COMMUNITY SPECIALISTS 925 254-3030 www.Orinda.com Lafayette

28

Moraga

we know the area because we live here!

Orinda

©2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office is Owned by a Subsidiary of NRT LLC. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor sales associates and are not emp loyees of Coldwell Banker ® Real Estate LLC, Coldwell Banker Residential Brokerage or NRT LLC. CalBRE License #01908304.

Cal BRE 1221247


WWW.FINOLAFELLNER.COM

925.890.7807

PENDING!

36 Las Vegas Road, Orinda Listed at $3,149,000

SOLD!

28 Calvin Court, Orinda Listed at $2,399,000 BRE #01428834 ©2014 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Coldwell Banker Residential Brokerage Office is Owned by a Subsidiary of NRT LLC. Real estate agents affiliated with Coldwell Banker Residential Brokerage are independent contractor sales associates and are not employees of Coldwell Banker Real Estate LLC, Coldwell Banker Residential Brokerage or NRT LLC. CalBRE License #01908304.


laura@lauraabrams.com www.lauraabrams.com

510-697-3225 CALBRE#01272382

Exquisite Sophisticated Estate Reflects Style and Quality 16 Valley View Lane, Orinda

Stunning remodeled 4453 square foot residence that is both elegant and comfortable, a true work of art with intelligent design meeting purpose. The perfect combination of style and function on a private scenic 1.5 acre secluded lot with amazing views. Please view www.16valleyviewln.com | Offered at $2,785,000

Amazing Expansive Glorietta Estate on 8.14 Acres 25 Rustic Way, Orinda

Exceptional secluded estate in Gloretta with private trails, tennis, racquetball, 6 car garage and 8,000+ sqft of living space. Options for a Vineyard, Orchard, Guest House and Potential sub-division. Please view www.25rusticway.com | Offered at $4,250,000

30


Make Your Move in 2017 New On Market

Welcome Home to Extraordinary Living! Offered at $920,000 | 137LosAltosAvenue.com

Rejuvenate in the Eichler design of this 4 bdom single story Walnut Creek home featuring floor to ceiling windows and glass sliding doors bringing the outdoors in to everyday living! The open concept floor plan surrounds a roof covered atrium with skylight windows, providing a sunlit space usable year-round. Updated kitchen embraces the modern architecture featuring stainless counters, glass tile backsplash, custom cabinetry and a large island. The many amenities include cherrywood flooring, open beam ceilings, modern fixtures and remodeled baths. Large backyard offers lawn, garden areas and patio. Located in desirable Rancho San Miguel with a swim club, two blocks to Heather Farm Park, short bike ride to Bart, one block to shopping and Peet’s coffee! This home has it all for today’s preferred lifestyle.

Pending

Sold

Sophisticated Lafayette Pointe Condominium! Offered at $659,000

In Contract Over List Price before going on the market! 2 bdrm + den, 2 bath condo with gorgeous updates! Enjoy the ambiance of this home featuring hickory hardwood flooring, wood burning fireplace, built-in cabinetry, remodeled baths & updated kitchen. Two balconies provide outdoor space & spacious 2 car garage is convenient for cars & storage.

Contemporary Lafayette Pointe Condominium! Offered at $699,000 | 3279MtDiabloCourt.com

Received Multiple Offers and sold for $745,000! 3 bdrm, 2.5 bath townhouse-style condominium with attached 2 car garage at Lafayette Pointe! Desirable end unit with no one above or below, this spacious 1680+ sqft two story home has privacy yet easy accessibility, remodeled baths and kitchen!

Leslie K. Mills (925) 683-0925

www.SmithMillsHomes.com | Info@SmithMillsHomes.com 31


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www.ashburn.com DAVID ASHBURN Senior Loan Officer NMLS #322865 dashburn@bayeq.com 925.980.3305

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2410 San Ramon Valley Boulevard, Suite 230 San Ramon, CA 94583

Equal Housing Lender. This is not a commitment to lend or extend credit. Restrictions may apply. Rates may not be available at time of application. Information and/or data are subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Bay Equity LLC, 28 Liberty Ship Way Suite 2800, Sausalito, CA 94965; NMLS ID#76988. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act- #4150077; NMLS consumer access: www.nmlsconsumeraccess.org BEHL-161109-1.0


HomeFolio: Walnut Creek Pleasant Hill Lafayette Moraga Orinda Volume 8 Issue 12