I have said for a long time that the Hemet - San Jacinto CA real estate market is one of the most affordable in the country and that a buyer with $200,000 could buy just about anything we have listed in our local MLS.
So I got to thinking, what could a million bucks buy in different markets across the country? so, I jumped over to Zillow to do some research and check out what I found. with a search criteria of $950,000 to $1,25,000...
HEMET
Unfortunately, there is nothing in this field in the local Hemet - San Jacinto real estate market, according
to Zillow. What I did find as the most expensive listing in Hemet is a home with 2,881 sq ft and 3 bedrooms that was built in 1931 on 2.36 acres for $810,000. The real value here, of course, is the land,
SAN JACINTO
Across the valley, in San Jacinto there is a 5 bedroom 3.5 bath home built in 1984 with 5,884 sq ft on a
6.91 acres lot wit a panoramic valley view offered for only $998,000.
The next area I though I would check is Temecula and Murrieta - the market directly to the south and about 30 miles away.
TEMECULA, CA
In Temecula, you can pick up this 6 bedroom with 6.5 baths and 6,114 sq ft of living space on just under 4 acres for a mere $950,000. This luxurious home has two master suites - one on the ground level and the other upstairs with the other bedrooms and includes 3 different family rooms, 3 staircases and a 4 car garage.
What amazes me is the listing agent does not have any more of a description than what I have provided. Seems to me that this English Tudor style home just may have a few more amenities to offer the discriminating buyer.
MURRIETA
For just over a million dollars (I'll bet the $1,099,00 asking price is negotiable) you can pick up a 3 bedroom 3.5 bath home with 3,224 sq ft on a 16,552 sq ft lot (approx 1/3 acre) that was built in 1999 in the exclusive Bear Creek Golf Club estates with panoramic views of the golf course and the valley lights below. The luxurious estate is reminisce of a French country chateau with fabulous gardens, fountains and landscaping. This entertainers
delight has an office with built-ins, loggia, pool and spa, The gourmet kitchen includes all upgraded appliances, built-in frig, breakfast bar, walk-in pantry, separate eating area, island and all granite counters. Adjacent to the kitchen is the family room with fireplace, built-ins, room for a pool table and lots of windows show casing the views. Separate living room offers views of the rear yard and city lights and doors to the loggia. Stunning office has built-ins and storage closet. The separate dining room has a hand painted ceiling mural. The spacious master suite includes a retreat with fireplace, two walk-in closets and doors that lead to the loggia. Beautiful master bath features beautiful cabinets, granite counter tops, separate shower and Jacuzzi tub. Stunning loggia has a fireplace, ceiling fans, refrigerator, and granite serving counter and ample seating area. The rear yard features panoramic views of the golf course and city lights. A beautiful salt water pool, separate spa and gazebo with lights and seating. There are two viewing terraced seating areas accented with flagstone. The beautiful gardens are adjourned with flowers, shrubs and trees. This home has a long list of amenities such as crown moldings, 6 base boards, coffered ceilings, slate flooring, hardwood flooring, carpet, central vacuum just to mention a few items.
SAN DIEGO
San Diego is the next county to the south from Riverside county, where all of the above homes are located. While we have some pretty amazing deals here - we are not San Diego and we do not have the beaches that San Diego has...so you wold expect to get less for your money in San Diego, then in Riverside County.
What I found for sale here, at exactly $1,000,000 is a brand new never lived in home that has 4 bedrooms and 3 baths in 2,782 sq ft of living space on a 5,000 sq ft lot (tiny by Riverside county standards, but I guess that is typical for the overcrowded cities of San Diego County.
This home has views of the bay and city skyline. The downstairs of this home features a great room with custom stone fireplace in the family room, a formal dining room, a gourmet kitchen and 3 bedrooms with 2 full baths. The Master Suite and patio are located on the second level, both with the most amazing views of the bay and cityscape. This home is a Mega Re-model-- torn down to the sub-floor and rebuilt new. Elegant craftsmanship is evidenced.
Upgrades include chiseled edge travertine flooring combined with rich-designer carpet--Cat5 Internet wiring and speakers throughout, 10-ft ceilings in the downstairs living area, 9-ft. ceilings upstairs. The gourmet kitchen is truly a chef's delight w/ top-of-the-line GE Monogram appliances, gorgeous granite counter-tops, custom “knotty alder” cabinetry, stone back-splash, walk-in pantry & breakfast nook. Walk up the staircase to find a private patio--the perfect space for an intimate gathering of friends capturing the most incredible views of the cityscape and bay. The Master suite (upstairs) is 17x17 featuring enormous his and hers walk-in closets and a fireplace. The master bath features travertine wainscoting, custom stonework, a walk-in shower w/a large overhead rain shower and a 2 person Jacuzzi tub. Many other upgrades, too many to mention!
LOS ANGELES - ENCINO
Traveling west to Los Angeles I found a home in a desirable 'Valley' location in the community of Encino. This home was built in 1967 with 4 bedrooms and 4 baths, The 2,923 sq ft of living space is on a large
9,730 sq ft lot.
This designer home w/ guest house is located on a cul-de-sac in Encino's finest area. Offering the perfect combination of indoor/outdoor living with beautiful french doors, updated kitchen & bathrooms and a spacious floor plan perfect for entertaining. Skylights & picture windows allow plenty of sunlight into each room. Upstairs master suite includes an office/gym and walk-in closets. The grounds are lush in landscaping, providing a zen-like retreat complete with a large swimmers' pool surrounded by new patio stone. Other features include Asian-style redwood slat fencing, hones granite counters, new a/c system in master suite and upgraded electrical panel
SO, WHAT's IN YOUR NECK OF THE WOODS?
This has been a fun post to put together - informative as well.
So please, share in the fun and add listings from your own neighborhood. They don't have to be your own listings and please don't include addresses - but do let us know how many bedrooms and baths there are as well as the square footage of the living space and the lot... as well as any other information you can share that will justify the price for this home.
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