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Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

By Bob & Leilani Souza

Real Estate Broker/Owner with Souza Realty 916.408.5500 California DRE #01262541

August 28, 2011 04:41 PM

Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

It's been a while since we've seen new construction in the quaint Town of Loomis, but there are currently two luxury homes that are now under construction at Sierra de Montserrat and Terracina Estates. Here is a beautiful custom home being built at Sierra de Montserrat (located in a cul-de-sac with vineyard views):

New custom home construction at Sierra de Montserrat (Loomis, CA 95650)

Here is the Terracina Estates custom home that is currently under construction:

New custom home construction at Terracina Estates (Loomis, CA 95650)

Lots and land sales have been quite steady in Loomis, CA as well as the neighboring community of Granite Bay, CA. Some lots have been purchased to hold for investment and some were bought with the intention of being the future site of the purchaser's dream home. Most land sales have been all cash, as lot loans are not only difficult to find, but they are even tougher to qualify for...just like construction loans. Do these two new construction starts signify builder confidence as well as a real estate recovery for Loomis luxury homes? What do you think?

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Cindy Westfall

Premiere Property Group,LLC Portland Metro & Suburbs Oregon - Tualatin, OR

ABR,GRI Your Tualatin & Portland Metro Real Estate

Hi Leilani, it's always nice to see new construction. Those are some really lovely looking homes.!

Aug 29, 2011 04:07 PM

Joan Cox

House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO

Denver Real Estate - Selling One Home at a Time

Leilani, what a beautiful mini-mansion being built! It does sound like real estate RECOVERY!

Aug 30, 2011 02:02 AM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Thanks, Tom! :)

Leilani

Aug 30, 2011 02:56 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Anita, I would agree that two homes are a small sample, generally speaking...but Loomis is such a small town that two new custom homes being built is a "bigger deal" compared to most towns. :)

Leilani

Aug 30, 2011 02:59 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Myrl, I can just imagine what Loomis was like 15 years ago, just taking into consideration that all homes built prior to 1996 didn't exist. Wow! :)

Leilani

Aug 30, 2011 03:01 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Yes, perhaps you're right, Malcolm! Looks like good things are coming for Loomis. :)

Leilani

Aug 30, 2011 03:02 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Amy, these do look like beautiful homes...I'm looking forward to seeing how they turn out at completion! :)

Leilani

Aug 30, 2011 03:04 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

You're right, Kathy...although it's nice to see a gradual rise in the market instead of a tidal wave like we've seen before. :)

Leilani

Aug 30, 2011 03:05 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Cindy, I agree...with both of the things you mentioned! :)

Leilani

Aug 30, 2011 03:07 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Joan, it is nice to see a recovery in the luxury home market for new construction in Loomis...it's about time! :)

Leilani

Aug 30, 2011 03:08 PM

DeeDee Riley

Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA

Realtor - El Dorado Hills & the Surrounding Areas

They look amazing, Leilani! It is nice to see new construction starting to pick up and that's a great area to invest!

Aug 30, 2011 05:20 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

It is nice to see new construction again, DeeDee...and Loomis is a great place to live! :)

Leilani

Aug 31, 2011 07:06 AM

Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional

Charles Rutenberg Realty - Clearwater, FL

Palm Harbor, Dunedin, Clearwater, Safety Harbor

Leilani - It is always a good sign to see new construction taking place and from those photos, pretty impressive!

Sep 01, 2011 01:22 AM

Bruce Walter

Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Hi Leilani-two beautiful homes! If you had to guess what price range would these be in?

Sep 01, 2011 02:21 AM

Mary Yonkers

Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA

Erie/PA Real Estate Instructor

Leilani--It is great to relay good news especially in the new construction market. I hope to see the final product when these homes are completed.

BTY Thanks for visiting my site even though I have been MIA most of the summer. LOL Mary

Sep 01, 2011 01:58 PM

Mike Young

203kOnLine.com, covering the USA - Stallings, NC

FHA 203k Consultant 916-758-1809

I'd love to see the floor plan on that one pictured. M

Sep 04, 2011 06:55 AM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

These homes are pretty impressive, Barbara-Jo...can't wait to see them both completed! :)

Leilani

Sep 04, 2011 02:32 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Bruce, without knowing the "exact" square footage, both of these homes would still be in the mid $1M price range. That's being conservative. :)

Leilani

Sep 04, 2011 02:33 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

You're welcome, Mary! It's good to see you're still visiting and commenting, even if you haven't blogged lately. :)

Leilani

Sep 04, 2011 02:34 PM

Bob & Leilani Souza

Souza Realty 916.408.5500 - Roseville, CA

Greater Sacramento Area Homes, Land & Investments

Mike, I'd love to see floorplans on both of these homes! :)

Leilani

Sep 04, 2011 02:35 PM

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Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

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