A single family house in Pleasanton sells for 1 7 million 2, sparking interest in the local real estate market. This high-end property likely boasts impressive features, reflecting current trends in luxury housing. Understanding the market context, property details, financial implications, and visual aspects provides a comprehensive look into this significant transaction. The article delves into the details, analyzing factors contributing to the sale price and the potential for future appreciation.
Pleasanton’s real estate market, known for its desirability and upscale homes, is a hot topic right now. The recent sale of a $1.7 million single-family house is a prime example of this trend. This analysis explores the property’s key features, comparing it to similar homes in the area and considering factors that may have influenced the price.
Market Context
Pleasanton’s luxury real estate market, particularly for single-family homes, has seen consistent growth and high demand in recent years. This is largely due to Pleasanton’s strong economy, desirable schools, and convenient location near major employment centers. The recent sale of a $1.7M home reflects these prevailing market conditions.The consistent high demand in this price range has resulted in a competitive market where homes are often in high demand and sell quickly.
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This dynamic is often fueled by factors such as limited inventory and strong buyer interest.
Recent Sales Trends in Pleasanton
Recent sales data reveals a steady increase in the median price of single-family homes in Pleasanton, especially in the $1.5M-$2M range. This trend is a testament to the strong local economy and the ongoing demand for well-located, desirable properties. The competitive bidding process for these homes underscores the market’s robustness.
Characteristics of $1.7M Homes, Single family house in pleasanton sells for 1 7 million 2
Single-family homes priced at $1.7 million in Pleasanton typically feature between 3,000 and 4,500 square feet of living space. Lot sizes often range from 6,000 to 10,000 square feet, providing ample outdoor space and potential for landscaping. Common amenities include gourmet kitchens, spacious family rooms, and multiple bedrooms and bathrooms. Homes in this price range frequently include features like swimming pools, spas, and detached garages.
Comparison to Surrounding Areas
Comparing $1.7M homes in Pleasanton to similar properties in surrounding areas like Dublin, Livermore, and San Ramon reveals that Pleasanton often commands a slightly higher price point for comparable properties. This could be attributed to Pleasanton’s higher property taxes, access to excellent schools, and premium location, factors that significantly impact the desirability and value of homes in the area.
Factors Influencing the Specific $1.7M Sale
Several factors may have contributed to the sale price of this particular $1.7M home. The home’s location within Pleasanton, its condition, and recent improvements played crucial roles. For example, a home located near top-rated schools or with modern renovations is likely to fetch a higher price. The presence of amenities like a pool or updated landscaping can also significantly impact the sale price.
Fluctuations in the Market
Several factors influence fluctuations in the Pleasanton real estate market for homes in this price range. Interest rates, economic conditions, and supply and demand dynamics all play a significant role. For instance, rising interest rates can decrease buyer affordability, while an increase in new construction could temporarily increase supply. These factors create a dynamic market that requires careful analysis to understand current trends.
Property Details
A $1.7 million single-family home in Pleasanton represents a significant investment, offering a blend of luxury, desirable location, and potential for appreciation. Understanding the specifics, from features to potential buyers and neighborhood context, is crucial for evaluating the property’s value and market appeal.
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Key Features of a $1.7M Pleasanton Home
This section details the essential characteristics of a hypothetical $1.7 million home in Pleasanton, California, considering factors that influence its market value.
| Feature | Description | Potential Impact on Value |
|---|---|---|
| Size | Approximately 3,500 square feet with 4 bedrooms and 3.5 bathrooms. | Larger homes, especially in desirable locations, tend to command higher prices. |
| Lot Size | 0.25 acre lot with mature landscaping. | A larger lot size often adds value, especially if it includes usable outdoor space. |
| Location | Prime location within Pleasanton, close to schools, parks, and shopping. | Proximity to amenities is a significant factor in property value. |
| Modern Features | High-end appliances, open-concept floor plan, and upgraded finishes. | Modern amenities attract buyers seeking contemporary living spaces. |
| Energy Efficiency | Solar panels, energy-efficient windows, and upgraded insulation. | Eco-conscious features appeal to environmentally aware buyers and may also result in lower utility costs. |
Comparison with a Similar Home in Another Area
Comparing the $1.7M Pleasanton home with a comparable property in, say, a suburban area of San Jose, highlights the differences in value and features.
| Feature | Pleasanton Home | San Jose Comparable | Difference/Similarity |
|---|---|---|---|
| Location | Pleasanton, known for excellent schools and family-oriented environment. | San Jose suburb, with good schools but potentially different community feel. | Pleasanton’s location often carries a premium due to desirability. |
| Amenities | Easy access to parks, shopping, and restaurants. | Access to comparable amenities but potentially less convenient. | Pleasanton’s amenities are often more convenient and well-established. |
| Lot Size | Potentially smaller compared to comparable homes in some San Jose areas. | Potentially larger in certain San Jose locations. | Lot size can vary significantly, impacting perceived value. |
| Schools | Highly-rated schools are a significant draw for families. | Schools might be equally good, but Pleasanton’s reputation could hold a slight edge. | School quality is a key factor in home value, especially for families. |
Potential Buyer Profile
The ideal buyer for a $1.7 million Pleasanton home is likely a family seeking a premium lifestyle. They would likely value the excellent schools, community amenities, and convenient location.
- Demographic profile: Families with children in the school system, professionals with established careers, or empty nesters seeking a prime location. Median household income in the Pleasanton area will likely be a factor.
- Lifestyle preferences: A strong emphasis on family, community involvement, and access to outdoor recreation.
- Financial considerations: Strong financial background to afford the premium price and potentially cover associated costs (property taxes, insurance, etc.)
Neighborhood Description
The neighborhood surrounding the home likely features a blend of single-family residences, parks, and community centers. Access to shopping and dining options is also a crucial element in the neighborhood’s appeal.
- Amenities: Parks, shopping centers, and potential access to major transportation arteries.
- Schools: Well-regarded local schools with a strong reputation for academic performance. This could influence family decisions.
- Community Events: Potentially various community events and activities throughout the year.
Potential Improvements and Renovations
Certain improvements and renovations can enhance the appeal and value of a $1.7 million home in Pleasanton. This includes modernizing outdated features or expanding living space.
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- Modernization of kitchens and bathrooms to reflect current design trends.
- Addition of a home office or a separate entertainment space.
- Landscaping improvements to enhance curb appeal and create outdoor living areas.
- Renovating a garage into a workshop or additional living space.
Visual Representation: Single Family House In Pleasanton Sells For 1 7 Million 2
Pleasanton’s luxury market offers a captivating blend of modern amenities and established charm. This $1.7M single-family home epitomizes this balance, showcasing exquisite design and thoughtful living spaces within a desirable neighborhood. This deep dive explores the visual aspects of this impressive property, from the exterior facade to the interior layout, providing a comprehensive understanding of the home’s appeal.The following sections offer detailed descriptions of the property’s exterior, interior, neighborhood, lot, and potential layout, allowing potential buyers to visualize the home and its surrounding environment.
Each section aims to paint a vivid picture, enabling a better appreciation for the home’s value and character.
Exterior Design
This upscale residence boasts a contemporary architectural style, characterized by clean lines, high ceilings, and large windows. The exterior is crafted from high-quality materials, such as stucco or brick, providing a durable and aesthetically pleasing facade. The exterior design incorporates elements of modern architecture, such as expansive glass facades and a well-defined entryway, which enhance the property’s curb appeal and highlight its sophisticated aesthetic.
The exterior design also features a covered patio or deck, perfect for enjoying outdoor gatherings and creating a seamless transition between indoor and outdoor living spaces.
Interior Layout
The interior layout of this exquisite residence offers an open-concept design, maximizing natural light and creating a sense of spaciousness. The home is likely to feature a large gourmet kitchen with top-of-the-line appliances, perfect for entertaining. The master suite is likely to be a luxurious retreat, offering a spacious bedroom, a lavish bathroom with a soaking tub, and a walk-in closet.
Secondary bedrooms are likely designed with comfortable and functional layouts. Other notable features might include a home office, a formal dining room, or a family room.
Lot and Landscape
The lot size is likely to be substantial, offering ample space for a beautifully landscaped backyard. Landscaping features might include mature trees, a professionally designed lawn, and well-maintained flowerbeds. A potential feature is a swimming pool or spa, adding a luxurious touch to the outdoor space. The lot’s design might include a private patio area or a covered outdoor living space, ideal for relaxation and entertaining.
Neighborhood Description
The surrounding neighborhood is likely to be upscale and well-maintained, with a high concentration of single-family homes. The area likely features excellent schools, parks, and recreational facilities, making it an ideal place to raise a family. The neighborhood’s proximity to shopping centers, restaurants, and other amenities is another notable feature.
Potential Interior Layout
The home likely incorporates a versatile floor plan, adaptable to different family needs. The potential layout could include a spacious living room with a fireplace, providing a warm and inviting atmosphere. A formal dining area adjacent to the kitchen is likely to enhance the dining experience. The home’s layout would likely feature well-designed and generously sized bedrooms, offering ample closet space.
A potential home office is also likely, providing a dedicated space for work and productivity.
Conclusive Thoughts
The sale of a single-family home in Pleasanton for $1.7 million highlights the robust market conditions in the area. The analysis of the property, its location, and comparable sales reveals insights into luxury housing trends. Understanding these factors is crucial for both buyers and sellers navigating the current market. This article provides a detailed overview of this significant transaction, considering factors ranging from market trends to potential financial implications.
