Real Estate

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

 

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

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 Drive033 Neighborhood View 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 DriveKitchen view from a beautiful home on 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 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 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

Belwood, Belgatos, and Surmont home sales in 2015 year to date

Of the homes first listed for sale in the Belwood of Los Gatos, Belgatos, or Surmont subdivisions in 2015 so far, only one did not selll (it was pulled off after a month, which is about the time when a price reduction would likely be getting discussed). One other is currently under contract (contingencies are in place) and five homes have been sold and closed.

Belwood Sales 2015 to Aug 7

 

Overall, houses in this neighborhood have gone pending fairly quickly, with the average days on market being a brisk 9 for the five closed sales.  Homes sold so far are all selling over list price, and the average amount over is about 3% ($38,000).

(There was one other closing on Bacigalupi in January from a sale in December that I did not include since I was looking for sales that were ratified in 2015, but that home had 2448 SF and closed at $1,525,000 fyi.)

The odds are good that you could sell a home in this area without too much trouble in most cases.  In every market, though, there are some homes that don’t sell or do not sell quickly.  To learn more about that situation, please visit my Valley of Heart’s Delight blog and read this article:
http://sanjoserealestatelosgatoshomes.com/why-didnt-my-san-jose-home-sell/

Home value appreciation in Belwood, Belgatos, and Surmont areas

Priced Out of the Belwood area marketToday I’m working on an article for another blog of mine on the topic of saving for a down payment and residential real estate appreciation in Silicon Valley.  Long story short, right now, home buyers cannot save as fast as the home prices are going up.  For some, the saving effort is to get to 20% down or more. For others, the goal is to buy all cash.  In both cases, though, the danger is getting priced out of the market while the would-be home owner is putting away money.  For people who wanted to buy 2 years ago but decided to wait and save, that now means either not buying at all or buying in less nice home or area than they were targeting.

This is certainly true for home buyers wanting to get into Belwood of Los Gatos and nearby.  Let’s look at our corner of Los Gatos and take a sampling of what has happened since 2000 (a “boom year”) for a typical 2400 square foot house on a typical 9,000 to appx 10,000 square foot lot (in Belwood, Belgatos or Surmont).  For this, we will consider homes sold in 2000 and homes sold within the last 12 months.  I ran the numbers this afternoon on MLS Listings, our local multiple listing service provider.

1-1-2000 through 12-31-2000: a home of about 2400 SF on a 9,000 – 10,000 SF lot averaged a sale price of $860,000 (prices ranging from a low of $750,000 to a high of $950,000).  A 25% down payment would have been $215,000 and the loan amount would have been $645,000, using that average number. Many buyers would have purchased with 20% down, and some with 30% or more, though.

Fast forward to today and the last 12 months leading up to today – approximately 15 years later.

6-9-2014 through 6-9-2015: same sized home and lot averaged a sale price of $1,512,000 (prices ranging from a low of $1,350,000 to a high of $1,660,000).  This does not include pending sales, of course – just those which have closed escrow.

Home prices have almost doubled in that time. Continue reading

Belwood, Belgatos, Surmont and nearby area real estate listings and sales

This afternoon I ran the recent listings and sales in the Belwood of Los Gatos, Belgatos, Surmont and nearby areas.  These contiguous east Los Gatos neighborhoods have extremely low turnover, so not surprisingly, there are few sales!!

It should be noted that larger homes on larger lots usually sell for far less on a price per square foot basis – so it’s not really fair to compare a house on an acre with one sitting on a 10,000 sf lot. Additionally, homes in the $2 million plus range are a very different creature than those closer to $1 million in terms of multiple offers and the sale price to list price ratio.  In some cases, though, even these higher end homes get multiple offers and sell for more than the asking price.

Finally, the type in the image below is a little small, but if you click on it, you will get a larger, more readable version.

Belwood area sales as of March 1 2015

Belwood, Belgatos, Surmont and nearby sales year to date

Real estate sales this year in the east Los Gatos areas including Surmont, Belgatos, Belwood of Los Gatos and homes close to Harwood but within the Los Gatos town boundaries have been small in number due to the extraordinarily tight inventory levels.  Below are the closed and pending sales as reported in the MLS for this calendar year so far.

Belwood, Belgatos, Surmont and nearby

Of the nine closed sales, 5 sold for more than list price – most or all of these were multiple offer situations.  The other four had a variety of situations: one was bank owned, one needed several hundred thousand in finishing work (there was no kitchen, there were no bathrooms, etc.).  The one on Alerche sold “off market” and “off mls”.

Interested in buying or selling a home in or near this pretty corner of Los Gatos?  Please give me a call or send me an email today!

2013 Sales to Date in Belwood, Belgatos, Surmont and Nearby

Home sales in our corner of east Los Gatos have been fairly brisk overall. Homes under $2 million and on quiet, interior roads pretty much fly off the market. Properties on streets with a lot of traffic or properties offered at more than $2 million are much, much harder to sell here. Here’s a look at the 2013 year to date home sales in our area so far. The one on Alerche was my listing. (Please click on the image below to see larger version.)

Belwood area sales from Jan to Nov 2013

Interested in knowing what your home’s probable market value is with today’s market? Please give me a call or write me an email and I’ll be very happy to preview your home and provide you that information with no obligation: 408 204-7673  mary (at) popehandy.com.   I’m a 20 year real estate veteran in Los Gatos, a top producer, and a Belwood resident since 1999.

What are homes selling for in Belwood, Belgatos, Surmont and nearby areas?

Belwood Belgatos Surmont area mapHouses in the Belwood, Belgatos, Surmont and nearby areas priced under $1,500,000 are selling at a very healthy rate, many with multiple offers and significant overbids. In the last year or so, there have been 18 sales of single family homes in this area (see map at right).  Of those, 16 were on the open market of of those 16, 13 sold for more than list price.

Two properties sold “off market”, or not on the multiple listing service with a real estate professional involved.  One of them was a sale from a landlord to tenants already in the property.  The other was an off market short sale.

As of this writing, there are 2 pending sales in the neighborhood, both between $1.2 million and $1.5 million.

Additionally, there are 3 properties available for purchase.  They range in price from $2.4 million and $2.8 million, and all have been on the market for more than a month.

Below, please have a look at what has sold – street names rather than precise addresses are used to provide privacy to the owners.

Belwood Belgatos Surmont Nearby Sales as of July 23 2013

Interested in selling your east Los Gatos home? Please call or email me for a confidential, no obligation consultation today.

Mary Pope-Handy  mary@popehandy.com  408 204-7673

Almost no homes for sale in Surmont, Belwood and Belgatos right now

Contact Mary NowLos Gatos housing inventory may well be at an all time low.  For other blogs, I crunch the real estate numbers regularly and can tell you that in the last 15 years (for which I can get MLS statistics) there’ve never been so few available homes to buy.  I’ve been selling real estate for 20 years now and don’t remember it ever being so dire. In fact, the worst year ever still had twice as many houses for sale as what we’ve got now.

The available inventory in Los Gatos, and Santa Clara County generally, is inching up.  The numbers have risen about 25% from a couple of months ago, but are off between 30% and 65% from the year before, depending on how you slice and dice the numbers.  In our lovely corner of east Los Gatos, right now there are only 2 homes for sale, one on Blossom Hill and one on a side street at the corner of Blossom Hill. Last year there were 13 sales in the neighborhood, and in 2011 there were 17.  We could use more inventory!

If you are thinking of selling in 2013, now is a great time.  There’s little competition and a very strong level of buyer demand.  Please call me for a free, no obligation, no pressure consultation.  Please email me at mary (at) popehandy.com or call me at 408 204-7673.

 

More information:
Los Gatos Real Estate Market Trends and Statistics

BelwoodOfLosGatos.com

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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Valley Of Hearts Delight
Santa Clara County Real Estate,
with an interest in history

ValleyOfHeartsDelight blog
Move2SiliconValley.com
Silicon Valley relocation info

popehandy.com
Silicon Valley real estate,
focus on home selling

Silicon Valley Real Estate Report
Silicon Valley real estate
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