Belwood Beautification Project

Two Leigh High School students, Nathan Viskovich and Kylie Hansen, recently completed an English class project which aimed to have the participants create a positive impact in their community. The Belwood Beautification Project is the end result.  Neighbors and friends were asked to donate time and / or money to help. The goal was to collect $2,000 by May 24th so that the volunteers can complete the project on May 26. The goal was exceeded, and the entry to the neighborhood now looks fantastic. Great project and kudos to these students!

You can read all about it and donate to the Belwood Beautification Project on the GoFundMe page.

Belwood Gateway beautification project 2018

Belwood, Belgatos, Surmont & Nearby Sales First Half 2018

What’s going on with the real estate market in the Belwood, Belgatos, Surmont, and nearby areas of east Los Gatos? Here’s a quick update of the year to date listings and sales activities, taken from the MLS.

Right now, there are 6 properties for sale in the neighborhood. That’s more than what has been normal in recent years. The stats for these active listings are as follows:

Average list price $2,286,333
Average square footage 2,906
Average lot size 16,194
Average days on market 19
Average price per SF $800.92
Average age 49

There is only one pending sale, and no properties at all in the area which closed in June. We had steady rate of sales closed earlier in the year: three in February, two in March, five in April, two in May.

For those tracking the absorption rate, which is the rate at which homes would sell if no new properties come on the market, this is a bit of a surprise. Zero homes (sold / closed in the last 30 days) divided by 6 active listings = an infinite months supply of inventory.  Of course, it is not truly that dire, since there were 2 closings in late May and there’s one pending sale (went into contract June 15), but it does suggest that home buyers may have put the brakes on.

Belwood Area Jan 1 2018 through June 30 2018

We are seeing this drop in sales activity across the valley in many areas, so it’s not just this corner of 95032.

Is it just a big rise in inventory that is causing the market to stall out a little? In some areas, homes have continued selling at the same pace, but with fewer offers over the last 6 weeks or so.  Those areas may not have had as large an inventory jump as we have seen on the east end of Los Gatos.

Here’s a look at the inventory for single family homes for sale in 95032 with Campbell Union High School District (so Leigh or Westmont High) from July 2012 to July 2018.

Inventory 95032 with CUHSD

Inventory is up, but not to an unprecedented degree. There were more in June, and June’s inventory was not too different from most of the recent years (2014 and forward).

A holiday week is often slow, so I would encourage people thinking of selling to not get discouraged. Part of what we are seeing could simply be a seasonal trend – summer is normally a bit of a “slowdown” period in real estate, with things picking back up again in early to mid September. Last year we did not see seasonality at all, as the market was raging hot through December.

If you are interested in buying or selling a home in east Los Gatos or anywhere in Silicon Valley, please reach out to me and we’ll find a time to talk and see if we might be a fit for working together.

Belwood of Los Gatos July 4th Celebration

The Belwood of Los Gatos community is hosting its annual Independence Day or 4th of July celebration and the details are announced on the Belwood HOA website. (Quick note: A parade begins at Cabana at 1pm.  The neighborhood festivities run from 1 – 5 at the cabaña.  Read all about it on the Belwood HOA site!)

Please note that since the weather is warm, dry, and windy, the risk of fire danger is high right now.  A sign at Belgatos Park warns that viewing fireworks is strictly prohibited.

Belwood Cabaña is on FacebookGot Facebook? If so, you might consider “liking” the Belwood Cabaña page on Facebook.  They are great at keeping people updated on neighborhood events (this is not my page, btw).  That’s where I first learned that the holiday is being celebrated in traditional fashion.

2017 Real Estate Report for Belwood, Belgatos, Surmont & Nearby

Aerial photo of Belwood of Los GatosThe Belwood of Los Gatos, Belgatos, Surmont, and contiguous neighborhoods in east Los Gatos saw strong appreciation in 2017. With a low amount of available real estate inventory and high buyer demand, properties listed under $2 million often saw multiple offers and good overbids. Over $2 million, the market was cooler, but still not too challenging to sell if done right.

Early 2017 was a bit sluggish, with homes taking longer to sell and recording under list price through February. These homes were priced on the higher end for homes in the area, and they were selling during the typically cooler winter months, both of which might have contributed to the slower turnover.  By March the market was heating up again with the large majority selling above list price (likely multiple offers) in under a month through to the end of the year. The three that took longest to sell (from March through November) also sold below list price.

Below is the chart of all home sales in the Belwood & adjoining area listed on the multiple listing service for 2017 organised by date descending oldest to newest. DOM stands for “days on the market”.  (There was one off-market or private sale of a 1400 SF house on Bacigalupi for $1,250,000 that is not included. It appears to have been a fixer upper.)

Belwood2017b 750x353 - 2017 Real Estate Report for Belwood, Belgatos, Surmont & Nearby

Most challenging to sell are the luxury tier properties offered at $3 million or more. In 2017, the house with the longest days on market was in this category. This is normal for the luxury market in east Los Gatos.

In summary, through most of the year there was high demand and quick turnover for homes in the Belwood area in moderate price points. These fast moving homes provide approximately 3-5 bedrooms and list in the price range of %1.5 to $2 million.

If we remove the luxury tier home, a profile of homes sold in this area in 2017 would be along these lines:

Average list price: $1,719,144
Average sale price: $1,758.263
Average square footage: 2316 SF of living space
Average age of home: 42 years

The last couple of months in 2017, prices began shooting up with the news of Google’s expansion into downtown San Jose. The ripples were felt through Willow Glen, Cambrian, and into Los Gatos. What sold for $1,750,000 in the middle of 2017 is likely to sell for significantly more in 2018.

If you’re interested in buying or selling a home in this beautiful corner of Los Gatos, please  reach out to me and we can have a confidential and no-obligation conversation / consultation.

Gorgeous Belgatos view home!

Come home to a stunningly remodeled Belgatos view home, and enjoy sweeping vistas of Silicon Valley from all the main living areas of the home! 211 Westhill Drive, Los Gatos, is offered for sale at $2,288,000 and features 4 bedrooms and 3 bathrooms. 3112 SF of living space: 2856 Square Ft (appx.) + office (appx 256 SF)  on a lot of 13,939 SF. So many extras, such as solar power, dual pane windows, plantation shutters, fan lights, but above all, a scenic setting, a comfortably large house, in a great Los Gatos neighborhood next to Belgatos Park.

Below is a sampling of photos – please see ALL images and detailed info on the virtual tour site:
http://www.tourfactory.com/1838948

Open house schedule:  Sept 9 and 10 from 2 – 4 pm, Wed Sept 13 9:30am – 12:30pm, and Saturday Sept 16 2-4. Please stop by!

Beautiful home with valley views on Westhill Drive in east Los Gatos

This house was thoughtfully designed with the living room, dining room, kitchen, and family room all enjoying the views. The bedroom wing is tucked behind the octoganally shaped living room, and they overlook the yard and pool.

211 Westhill Drive - unique living room with octoganal shape, high ceilings, wood burning fireplace

Beautiful Brazilian cherry hardwood floors grace the living areas, hallway, and bedrooms, creating a clean and contemporary feel to the home.

Spacious formal dining with plenty of function in the elegantly framed built in cabinets.

Plantation shutters, dual pane windows, lovely crown and baseboard provide a timeless feel.

Slab granite counters and stainless steel appliances make for an appealing modern kitchen.

The kitchen is open to the family room and includes stainless steel appliances, slab granite counters, and a vaulted ceiling with recessed lights. Not shown here is the breakfast nook and pantry, which look toward the resort like back yard.

The open kitchen and family rooms are surely the heart of the home.

The heart of the home, the family room is drenched in natural lighting with windows on both sides.

Back yard and pool

Your own private resort! In addition to the pool and patio area, there’s another patio and planting bed area along the right side of the house.  Previous owners had used that area as a sports court. There are many possibilities to utilize that space!

Please see the virtual tour for more details and all photos: http://www.tourfactory.com/1838948

 

Water District removing 89 trees

The San Jose Water District announced that 89 trees will be removed near the water storage tanks in Belgatos Park. The work begins September 5th and should end by the 22nd, and work will run between 8am and 5pm.

Due to the heavy rains last year, some infrastructure needs repairs. With the water district removing 89 trees, there will be the ability to upgrade the water main.  The notice can be viewed below for those who missed it.

San Jose Water District letter regarding tree removal and work at the reservoir in Belgatos Park

San Jose Water District letter regarding tree removal and work at the reservoir in Belgatos Park

Belwood, Belgatos, Surmont neighborhood sales

Neighbors often want to see an update on the immediate neighborhood and sale prices of houses that have sold and closed escrow. Here’s a current snapshot of the real estate market in Belwood, Belgatos, and Surmont (and adjacent to the contiguous neighborhood).

Belwood, Belgatos, Surmont and nearby Los Gatos houses sold year to date in 2017

View photos and get the details on MLSListings.com here:
http://search.mlslistings.com/Matrix/Public/Portal.aspx?ID=7031825234&L=1

In addition to these closed sales, there are 2 in various stages of “under contract”, and there was 1 duplex sold earlier this year, too.

Interested in buying or selling a home in the area? Please reach out to me with an email or a phone call.

033 Neighborhood View 1024x683 - Belwood, Belgatos, Surmont neighborhood sales

Aerial view of the neighborhood and the nearby foothills

Belwood Bingo and Movie Nights Coming Soon

Belwood Cabana Movie Night

Another “Bingo and Movie Nights”  is planned for this summer for cabaña members and residents of Belwood, Surmont and Belgatos on Sunday, June 23rd, the movie is Moana, and July 15th, with Mission Impossible – Ghost Protocol.

Bring something comfy to sit on – blankets, sleeping bags, lawn chairs etc. Popcorn, cotton candy, and other treats are available for purchase!

For more information, keep an eye on the Belwood HOA website page for bingo and movie nights.

Belwood Cabana June 2016

Vote at the Belwood of Los Gatos Cabaña

Midway through a major election year, voting on a few measures and maybe the presidential primary may not be at the top of everyone’s To Do List.  In the Belwood-Belgatos area, we’re fortunate that our polling place is extremely local – the cabaña at 100 Belwood Gateway.  Stop on by – lines are short and the folks handing out the ballots are very nice.  It’s a good reason to take a few minutes out of your regular day.  And the bonus for all of us is that it’s such a scenic place.

Belwood of Los Gatos polling place

Exquisitely remodeled home & yard for sale in Belwood – 127 Belhaven Drive

127 Belhaven Dr., Los Gatos, CA 95032Looking for a turnkey home and yard with plenty of space?  One with understated style and a comfortable elegance? The home at 127 Belhaven Drive in Belwood of Los Gatos is remodeled top to bottom and move-in ready! It will be on the Multiple Listing Service and ready to be seen on Monday, February 15th., and is offered at $1,650,000.

The house includes 2448 square foot of living space with 5 bedrooms + ground floor office (could be converted to bedroom if needed), 3 full baths (one on first floor), and all the living spaces you could want:  living room, dining room, kitchen with oversized nook, separate family room, and a garge decked out as an entertainment center with a kid-friendly focus.  Throughout the home there’s a perfect blending of traditionally loved items like hardwood floors, crown molding, baseboard,  French doors, plantation shutters, built in cabinets together with much loved contemporary elements like skylights, dual pane windows, recessed and energy efficient LED lights, insulation, an encapsulated crawl space, and of course remodeled kitchen and baths.

With 10,760 square feet, the nearly level lot has room for everything.  The yard has been professionally designed and landscaped and may well steal your heart!  A big sandbox and amazing, custom built playhouse may well seal the deal!  Extra storage in the side yard, a view of the hills from the expansive front porch – what more could you want?

All of this comes just 3-4 blocks from the side entrance of Belgatos Park.  This charming home is part of the Belwood HOA, which provides a lovely cabaña, pool, and community events.  The nearby Harwood Square Shopping Center includes a good sized Walgreens, Los Gatos, Pizza, Starbucks, and more.

Excellent schools, too:  Noddin Elementary, Union Middle, and Leigh High.

Please stop by one of our open house events:

  • Wednesday, February 17th 9:30am to 12:30pm (broker open but also public open house)
  • Saturday, February 20th 1:30 to 4pm
  • Sunday, February 21st, 1:30 to 4pm

Disclosures will be online soon.  Offers due Wednesday, Febrary 24th by 11am please.

Want more details?  Please see the lengthy list of features here:
http://www.valleyofheartsdelight.com/Property/127-Belhaven-Drive-Los-Gatos-California

Or see the Virtual Tour here : http://www.tourfactory.com/1468742

127 Belhaven Drive, Los Gatos - front of home002 Aerial 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive003 Front Lawn 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive004 Front Porch 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive005 Living Room 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive006 Kitchen 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive007 Kitchen 2 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive008 Kitchen 3 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive009 Kitchen 4 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive010 Dining Room 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive011 Family Room 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive012 Family Room 2 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive033 Neighborhood View 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive013 Home Office 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive014 Downstairs Bathroom 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive015 Master Bedroom 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven DriveKitchen view from a beautiful home on Belhaven Drive016 Master Bedroom 2 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive017 Master Bath 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive018 Bedroom 2 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive019 Bedroom 3 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive020 Bedroom 3 Nook 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive021 Bedroom 4 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive022 Bedroom 5 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive023 Hall Bathroom 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive024 Garage or Entertainment Room 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive026 Backyard Panorama 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive027 Yard and Patio 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive028 Playhouse 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive029 Sandbox and Garden Corner 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive030 Backyard 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive031 Backyard 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive032 Aerial View of Home 700x450 - Exquisitely remodeled home & yard for sale in Belwood - 127 Belhaven Drive
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This website is provided by Mary Pope-Handy, a Belwood resident and real estate agent.

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For the HOA site,
and phone numbers for the Cabana or HOA, please visit
BelwoodHomes.org


************************* Mary Pope-Handy
Belwood area resident
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
BRE License #01153805

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Live in Los Gatos Blog
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Santa Clara County Real Estate,
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