Sonoma County Luxury Real Estate Continued…
November 5th, 2009 categories: Buyer Resource, Coastal Sonoma, Fountaingrove, Petaluma, Santa Rosa
Fountaingrove is an area of Santa Rosa that offers great views, great homes, a great lifestyle, and definitely offers Luxury Real Estate. We have written about Fountaingrove in the past, and all of their neighborhoods: Deer Meadow, Fairway Isle, Fir Ridge, LakePoint, Fountainview, Stonecreek, Miaramonte, SkyFarm, Southridge, Altruria Heights, and Bella Vista. There are many price ranges to choose from in Fountaingrove, with lot selection and view adding most of the price differences.
Fountaingrove is receiving increased attention as there was a lot of construction during 2004 – 2007. Many of the loans that were taken out on Fountaingrove Homes were Interest Only Adjustable Rate Mortgage loans, and as these loans readjust to including principal as well, there are many High End short sales and High End Foreclosures that are coming on the market NOW. These well priced homes are making a well known name is the Sonoma County Luxury Real Estate market more affordable. Do not get me wrong, even though there are foreclosures in Fountaingrove, this is a high end area, and one that should be considered if you want Sonoma County luxury homes.
Mayacama Country Club is the highest priced neighborhood in all of Sonoma County. The lifestyle here is amazing…European Style Spa, Jack Nicklaus Signature Golf Course, and sweeping views from most homesites, are just the beginning. This neighborhood was designed around the laid back Tuscan lifestyle that most people only read about; however we are able to experience right here in Sonoma County. If the price tag of Mayacama is too high to purchase, they do offer a lodging club, similar to a 5 star hotel experience, with 35 night stays in intimate casitas and villas. Mayacama is a name synonymous with Sonoma County Luxury Homes…ultra luxury to be more specific.
For others, their Luxury Real Estate experience is defined by peace and serenity. We have regular inquiries regarding upscale homes with acreage. The goal for this set of buyers is to be away from it all, and have a place without the noise or disturbances of the outside world. There is a market for the secluded estate lifestyle, and there are a number of properties from which to choose. The prices have come down in this market segment, and vary greatly as the homes amenities and amount of land vary.
There is yet another set of luxury home buyers who see a Petaluma Farmhouse as their ideal home choice. The majority of the price and value here is in the large tracts of land available, and sometimes the Business of a small working farm holds considerable value as well. The rolling hills of Petaluma are certainly beautiful, and the farm lifestyle is the ultimate happiness to some.
Petaluma Victorian Homes are another example of some people’s view of Sonoma County Luxury Real Estate. These vintage gems are certainly a rare commodity, most are in a great location (walkable to fun and lively downtown Petaluma), and most are highly sought after. We have written about Petaluma Victorians in the past, and these tend to be some of the higher priced homes in Petaluma, in many cases these are the choice of many luxury home buyers. There is a niche market of buyers who want a unique vintage property, and a Petaluma Heritage Home offers a unique vintage charm that cannot be duplicated.
Sonoma County Vineyard Estates are another popular home choice of luxury buyers. We do have different types of buyers for this property; from people who want to work with their hands, to people who love agriculture, and others who see it as a Business venture. Many choose to purchase a home with an existing vineyard, as it does take time and money to set up vines, irrigation, and the time it takes to see the first fruit of the first harvest can be more than some are willing to wait for. Some do purchase raw land and build it all, but this is the exception, as the land fertility may be in question.
We also have people who have heard the call of the ocean, and want to live in Coastal Sonoma in areas such as Bodega Bay, The Sea Ranch, etc. Most choose homes with 180 degree views of the Pacific Ocean. We agree that there is definitely something calming about the Ocean, and the sunsets in Western Sonoma County. Prices can easily be in the 7 figure category on the coast, however, we are finding many great opportunities starting in the $500,000 range, as the current economic conditions have changed the vacation home market.
As we stated, Sonoma County Luxury Real Estate usually means one of the above home types, however there are certainly other options from which to choose.
If you have any questions regarding Sonoma County Luxury Real Estate, please do not hesitate to ask us. We look forward to hearing from you.
