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This week, in the absence of compelling new inventory, we are again revisiting more mature inventory that presents good value. These homes are all under $1 million. Some need a bit of work work, but several are move-in ready, which we have indicated in our comments.
Remember that the FHA Super Jumbo Loan with maximum value of 729,000 is scheduled to expire as of 12/31/2008. All qualifying loans should be funded by 12/10/2008, and initiated by 12/1/2008. This is so that the lending institutions can sell the completed loans back to Fannie Mae and Freddie Mac before the end of the year.
If you have any questions about these homes, the lending market, or anything else real estate related, please give us a call.
| 3363 Dyer Dr., Lafayette - Price: $680,000 / 3 Bedrooms, 2 Baths / 1,509 Sq. Ft. MLS Remarks - Centrally located Lafayette fixer on a big flat lot! Walk to BART, shopping, restaurants, easy freeway access, new detached 800 sq. ft. garage (buyer to verify). French doors in living room lead to beautiful enclosed patio with outdoor fireplace. So much potential. Lots of charm. Olsen Team Additional Comments - Good potential on this lot. Very convenient to town. |
| 113 Cypress Point Way, Moraga - Price: $799,000 / 3 Bedrooms, 2.5 Baths / 1,749 Sq. Ft.
MLS Remarks - Perfect inside and out. Move-in ready with beautifully remodeled kitchen and baths. Great outdoor living with patios and gardens front and back. Peaceful setting with lagoon views. In the flatlands and close to club facilities. Olsen Team Additional Comments - This is an Olsen Team Listing. It shows beautifully. |
| 83 Muth Dr., Orinda - Price: $799,000 / 4 Bedrooms, 2 Baths / 1,765 Sq. Ft.
MLS Remarks - Huge price reduction. Charming ranch style home in award winning Orinda school district. Great floor plan with updated kitchen, stainless appliances, refinished hardwood floors, dual pane windows, and new carpets. Enjoy private garden area with lush lawn and plantings. Close to downtown shopping and BART. Olsen Team Additional Comments - Not very exciting, but good value. |
| 40 Lost Valley Dr., Orinda - Price: $799,000 / 3 Bedrooms, 2 Baths / 1,803 Sq. Ft. MLS Remarks - Wonderful traditional on .46 private oak studded lot. Potential! Potential! Potential! Cosmetic fixer! Light, airy, open and flexible floor plan with room to roam. Clean as a whistle. Neat and tidy with curb appeal and much more!! Hardwood floors throughout and raised ceilings - don't miss! Olsen Team Additional Comments - A little off the beaten path in Lost Valley. Looks much better in person than it does on internet photos. Nice private feel. |
| 123 Alta Mesa Ct., Moraga - Price: $799,950 / 3 Bedrooms, 2 Baths / 1,954 Sq. Ft. MLS Remarks - Rarely available 1-story 3 bedroom/2 bath home with spectacular views in desired Moraga Ridge. Tuscan feel with wood floors, vaulted ceilings, expansive windows and sliders contribute to harmoniously blend into the environment to provide a tranquil, natural setting. Spacious living room and dining room area, family room, 2 brick fireplaces, large master suite. Community pool and tennis court. Olsen Team Additional Comments - Big views, nice location in the development. Very private deck and additional space in the front for entertaining or play. |
| 3350 Moraga Blvd., Lafayette - Price: $799,000 / 2 Bedrooms, 2 Baths / 1,235 Sq. Ft. MLS Remarks - This home has fabulous curb appeal and is conveniently located close to downtown Lafayette. Step inside to a living room with fireplace, dining room, remodeled kitchen, 2 bedrooms and 2 updated baths. Front yard, back yard & side yard all beautifully landscaped. Close to bike trail, BART, shopping, schools. Olsen Team Additional Comments - Cute as a button. If you only need two bedrooms, this is a fabulous neighborhood with access to walking trails and town. |
| 20 Crescent Dr., Orinda - Price: $835,000 / 3 Bedrooms, 2 Baths / 1,725 Sq. Ft. MLS Remarks - Charming home with many recent upgrades. Light and bright with hardwood floors, vaulted open-beam ceilings, skylights and brick fireplace. Level yard has newer landscaping, fencing, resurfaced pool and asphalt driveway. Freshly painted & staged. Updated bathrooms. Central A/C. Olsen Team Additional Comments - Bright and sunny home with nice living spaces. |
| 2 Vista del Moraga, Orinda - Price: $849,000 / 4 Bedrooms, 2 Baths / 2,022 Sq. Ft. MLS Remarks - Charming single story ranch with tons of privacy located at the end of a cul-de-sac. Formal living room with fireplace, vaulted ceilings and hardwood floors. Eat-in kitchen and dining room open to level back yard. 4 bedrooms, 2 baths and office nook. Minutes to Orinda Village BART & Orinda school. Olsen Team Additional Comments - Close to Moraga Way, but little noise as it sits well away and over a small creek. Great area on the driveway for bikes and big wheels - large grassy yard out back. |
| 1 Las Vegas Rd., Orinda - Price: $899,000 / 3 Bedrooms, 2.5 Baths / 2,005 Sq. Ft. MLS Remarks -First time available in 18 years! Charming 1946 single level ranch style home offers walls of glass, level yard spaces, outstanding Orinda Country Club location and spacious rooms. Master suite has a bonus room ideal for home office, nursery or additional walk-in closet. 1 updated bath and bonus 1/2 bath in laundry room. Olsen Team Additional Comments - Great price for the neighborhood. |
| 911 Augusta Dr., Moraga - Price: $945,000 / 4 Bedrooms, 2.5 Baths / 2,828 Sq. Ft. MLS Remarks - New low price!!! Elegant Forest Hills model with beautiful setting. Features plantation shutters and 4 bedrooms, 2.5 baths, living, dining, family room, master and kitchen, all on main level. New carpeting, paint and staging. Oversized fourth bedroom currently being used as a home office with built-ins and private balcony. Olsen Team Additional Comments - Nice square footage and a low price for this model. This model has sold as high as $1,150,000 or more. |
| 22 Snowberry Ln., Orinda - Price: $995,000 / 3 Bedrooms, 2.5 Baths / 1,844 Sq. Ft. MLS Remarks - End of cul-de-sac lush grounds, grassy yards total privacy! This spacious home boasts 3 bedrooms. plus bonus room, 2.5 baths, approximately 1,844 sq ft and .39 mostly flat acre! The most incredible location close to town and top rated schools. For that special touch that creates the magic of Sleepy Hollow. Olsen Team Additional Comments - Needs some updating and repairs, but a great street in Orinda. |
| 907 Augusta Dr., Moraga - Price: $995,000 / 4 Bedrooms, 2.5 Baths / 3,424 Sq. Ft. MLS Remarks - Seldom on the market, sough-after Sequoia model. Super spaces with huge rooms, high ceilings, abundance of windows. Kitchen/family room opens to front court, privacy at peaceful end of Augusta. An incredible value well below market. Best price per square foot in Moraga Country Club. Olsen Team Additional Comments - A lot of house for the money. Access to the Moraga Country Club is included in the $602 monthly dues. |
For more information on all of these listings, follow this link .
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