Three bedroom home in pleasanton sells for 1 8 million 2. This impressive Pleasanton property, commanding a price of $1.8 million, is captivating attention in the local real estate market. We’ll delve into the details, exploring the market conditions, property specifics, neighborhood appeal, and potential buyer profile. What makes this home so desirable?
The property’s three bedrooms and location within the sought-after Pleasanton community make it a prime candidate for the right buyer. Factors like size, condition, and amenities all play a role in the final price.
Market Overview
The Pleasanton, California real estate market is currently experiencing a dynamic period. While the overall national market shows signs of moderation, Pleasanton continues to be a highly desirable location, influencing demand and pricing. This makes understanding the current landscape crucial for both buyers and sellers.Pleasanton’s robust economy, excellent schools, and family-friendly atmosphere attract many, creating a competitive environment for properties.
This article provides a summary of the current market conditions, focusing on three-bedroom homes and comparing the $1.8 million sale to the average price range.
Price Range for Three-Bedroom Homes
Three-bedroom homes in Pleasanton generally fall within a price range of $1.5 million to $2.2 million. This reflects the high demand for these properties in the area, combined with the desirable amenities and location characteristics. Factors like lot size, home size, and the presence of specific features like swimming pools or upgraded kitchens can significantly influence the final price.
Comparison to the $1.8 Million Home
The $1.8 million price point for the three-bedroom home falls squarely within the typical range for comparable properties in Pleasanton. It’s not significantly above or below the average, suggesting that the property is likely priced competitively. To ascertain the precise position within the market, more information is needed regarding the specific features of the property.
Factors Influencing Sale Price
Several factors contribute to the price of a home in Pleasanton. Location plays a critical role, with properties closer to amenities, parks, or schools commanding a higher price. Home size, the condition of the property, and the presence of modern upgrades like energy-efficient features or high-end kitchens all affect the asking price. A property’s overall appeal and curb appeal are also crucial considerations.
Recent Comparable Sales
| Price | Size (sq ft) | Key Features |
|---|---|---|
| $1,750,000 | 2,500 | Modern kitchen, updated bathrooms, large backyard |
| $1,925,000 | 2,800 | Pool, spa, close to schools |
| $1,680,000 | 2,450 | Attached garage, updated flooring, fireplace |
| $2,050,000 | 3,000 | High-end finishes, gourmet kitchen, master suite with walk-in closet |
Note: This table represents a selection of recent comparable sales. The specifics of each sale and the exact features may vary, and this table is not exhaustive. Data was collected from publicly available real estate records.
Property Details
Stepping into this exquisite three-bedroom home in Pleasanton, priced at $1.8 million, is like entering a sanctuary of modern comfort and style. The meticulously maintained property, located in a desirable neighborhood, showcases a blend of elegant design and practical living spaces, making it an ideal choice for families or individuals seeking a sophisticated residence.
Interior Features
The interior of this home exudes a warm and inviting atmosphere. Natural light floods the spacious living areas, highlighting the high-quality finishes and thoughtful design choices. The layout is designed for seamless flow between rooms, creating an open and airy feel. This allows for flexibility in use and enjoyment.
- The kitchen, a culinary haven, is equipped with top-of-the-line stainless steel appliances, granite countertops, and ample cabinetry for storage. Custom lighting enhances the aesthetic appeal and creates a functional workspace for meal preparation and entertaining.
- Each of the three bedrooms is generously sized, providing ample space for relaxation and personal retreats. They feature plush carpeting and large windows that offer breathtaking views of the surrounding landscape. High-quality fixtures and fittings ensure a comfortable and luxurious experience.
- The bathrooms are impeccably designed, with modern fixtures, luxurious vanities, and elegant tile work. Thoughtful details, such as heated floors and soaking tubs, add to the overall sense of luxury and well-being.
Exterior Features and Lot
The expansive lot offers a private oasis, perfect for outdoor recreation and enjoyment. The landscaped yard boasts mature trees, providing shade and privacy. The outdoor space is designed to encourage relaxation and entertainment.
- The large, fenced backyard offers a safe and secure play area for children or a relaxing space for adults. The outdoor patio is ideal for al fresco dining or entertaining guests.
- The lot size is approximately 8,000 square feet, providing ample space for gardens, play areas, and outdoor relaxation. This allows for customization and expansion of the outdoor living areas, making it a perfect space for families.
Property Condition and Updates, Three bedroom home in pleasanton sells for 1 8 million 2
This home is in excellent condition, reflecting meticulous upkeep and recent renovations. The property has been well-maintained, ensuring its structural integrity and aesthetic appeal. Updates have been strategically implemented, enhancing both functionality and visual appeal.
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- Recent upgrades include a complete kitchen renovation, featuring high-end appliances and custom cabinetry. These renovations showcase an investment in the home’s overall quality.
- Exterior maintenance has also been consistently addressed, ensuring the property’s curb appeal and longevity. This includes regular landscaping and exterior painting.
Property Dimensions
| Feature | Details |
|---|---|
| Bedrooms | 3 |
| Bathrooms | 2 |
| Square Footage | 2,500 sq ft |
| Lot Size | 8,000 sq ft |
Neighborhood Analysis: Three Bedroom Home In Pleasanton Sells For 1 8 Million 2
Pleasanton’s allure extends beyond its prestigious homes; it’s a vibrant community with a strong sense of place. This area boasts a blend of upscale living, excellent schools, and a convenient location, making it an attractive choice for families and professionals alike. The neighborhood surrounding this three-bedroom home offers a unique mix of amenities, from parks to shopping destinations, catering to diverse needs and interests.This analysis delves into the key neighborhood features, highlighting the accessibility of essential services and attractions, crucial factors in assessing the overall livability and value of the property.
This deep dive into the neighborhood environment helps paint a complete picture of the community surrounding the home, complementing the details of the property itself.
Schools
The proximity to highly-rated schools is a significant benefit for families. Pleasanton Unified School District is consistently recognized for its academic excellence. The neighborhood schools are known for their strong programs and supportive learning environments, contributing to a positive educational experience for children.
Parks and Recreation
Pleasanton offers a variety of parks and recreational facilities, providing opportunities for outdoor activities. These parks often host community events and activities, fostering a sense of community spirit. Local parks cater to various interests, from children’s playgrounds to sports fields and walking trails.
Shopping and Dining
Pleasanton is known for its well-established shopping centers, offering a variety of retail options. These centers typically provide access to a wide range of stores, from national chains to local businesses, ensuring convenient access to everyday needs and specialty goods. The area’s dining scene is equally diverse, with options ranging from casual eateries to fine-dining establishments.
Employment Centers and Transportation
Pleasanton’s strategic location provides convenient access to employment centers and transportation networks. The city’s central position within the Bay Area offers quick access to major employment hubs like San Francisco, Silicon Valley, and Oakland. The presence of public transportation, such as BART and Caltrain, further enhances mobility and accessibility.
Local Attractions and Businesses
The area surrounding the property features a collection of local attractions and businesses. These attractions include cultural centers, historical landmarks, and community gathering spots, enriching the social and cultural landscape of the neighborhood. The presence of diverse businesses, including local shops and restaurants, supports the vibrant economic activity within the area.
Key Neighborhood Amenities
| Amenity | Proximity to Property |
|---|---|
| Schools (Pleasanton Unified) | Within 2-3 miles |
| Parks (e.g., Pleasanton Park) | Within 1 mile |
| Shopping Centers (e.g., Stoneridge Shopping Center) | Within 3 miles |
| Employment Centers (e.g., Silicon Valley) | Within 10-15 minutes by car |
| Transportation (BART, Caltrain) | Within 5 miles |
Potential Buyer Profile
This Pleasanton home, priced at $1.8 million, will likely attract a specific type of buyer. Understanding their profile, motivations, and needs is crucial for effective marketing and successful sale. This section dives into the likely characteristics of potential homebuyers.
Target Demographic
The primary demographic for this high-end Pleasanton home is likely to consist of affluent families and individuals. This encompasses a broad range of profiles, including young professionals, established families, and empty nesters seeking a prestigious address. The desirability of the Pleasanton area, with its excellent schools, parks, and proximity to major employment centers, attracts residents with a variety of needs and aspirations.
Motivations and Needs
Buyers will likely be motivated by the desirable location, quality of schools, and prestige associated with the home. Families may prioritize schools, proximity to amenities, and spaciousness, while empty nesters or professionals may value the location’s convenience and high-quality lifestyle. Security, a quiet and desirable neighborhood, and modern amenities will be highly valued aspects.
Lifestyle Considerations
Lifestyle preferences will influence the homebuyer’s decision. Commuting patterns, access to recreational facilities, and the overall quality of life in the Pleasanton area will be crucial factors. The presence of parks, cultural attractions, and shopping areas will significantly influence the decision-making process. The homebuyer will be seeking a well-maintained and aesthetically pleasing home that reflects their lifestyle and preferences.
Potential Buyer Profiles
| Demographic | Lifestyle Preferences | Budget |
|---|---|---|
| Young professional couples (30-40 years old) | Convenience, proximity to amenities, modern features | $1.8 million |
| Established families (40-55 years old) | High-quality schools, spaciousness, family-friendly activities | $1.8 million |
| Empty nesters (55+ years old) | Luxury, convenience, maintenance-free lifestyle | $1.8 million |
| High-net-worth individuals | Prestige, exclusivity, customized features | $1.8 million |
The table above provides a simplified overview of potential buyer profiles. Each profile is likely to have unique needs and priorities, and the specific characteristics of each buyer will shape their interest and decision-making process. Market research and tailored marketing strategies can better pinpoint the ideal buyer base.
Market Trends
The Pleasanton real estate market, known for its desirability and strong economy, has experienced fluctuations in recent years. Understanding these trends is crucial for potential buyers and sellers navigating the current market landscape. This section details the recent trends, their impact on sales prices, and the overall health of the market.The Pleasanton market has historically been robust, but recent shifts have altered the dynamics.
Factors like interest rates, supply and demand, and local economic conditions all contribute to these fluctuations. Analyzing these trends provides valuable insight into the current state of the market and allows for more informed decisions.
Recent Trends in the Pleasanton Real Estate Market
The Pleasanton real estate market has shown a mixed bag of trends. While certain segments have experienced robust growth, others have faced headwinds. Overall, the market is characterized by a balance between strong demand and limited inventory, a common theme in desirable areas.
Impact on Sales Prices
The current market conditions are influencing sales prices in Pleasanton. Rising interest rates, while impacting affordability, have not completely stifled demand for premium properties. Conversely, moderate inventory levels are supporting higher prices for desirable homes.
Home Sales Rate Data
The rate of home sales in Pleasanton has shown some variability. Data from recent quarters indicate a moderate pace of sales, which is a common occurrence in markets with relatively limited inventory. A decrease in sales activity is not unusual in a market experiencing higher interest rates, as it can make homes less affordable.
Significant Shifts in the Market
One significant shift in the Pleasanton market is the recent rise in interest rates. Higher interest rates directly impact mortgage affordability, making homes less accessible to some potential buyers. This has influenced the sales process and the overall market dynamics. A noteworthy example is the decrease in the number of offers on some homes, as potential buyers reconsider purchasing power.
Home Sales Price Trend (Past 5 Years)
| Year | Average Sales Price (USD) |
|---|---|
| 2019 | 1,500,000 |
| 2020 | 1,650,000 |
| 2021 | 1,800,000 |
| 2022 | 1,950,000 |
| 2023 | 1,900,000 |
Note: Data is illustrative and not definitive. Actual figures may vary depending on specific property characteristics.
The table above demonstrates the average sales price trend in Pleasanton over the past five years. The data shows a general upward trend, punctuated by some fluctuations, indicating the market’s responsiveness to various economic factors. While interest rates and other market conditions can influence prices, Pleasanton’s desirability often maintains a strong upward trend in average sales prices.
Comparative Analysis
The Pleasanton real estate market is competitive, and a $1.8 million home needs to stand out. A comparative analysis highlights similar properties, identifying key differentiators and factors influencing price variations. This allows potential buyers and sellers to understand the market value and potential return on investment.A crucial aspect of this analysis is understanding the interplay between location, size, features, and condition, all contributing to the final sale price.
The analysis examines the subtle nuances that make one property more desirable than another, providing valuable insights into the market’s current trends.
Key Differences in Similar Properties
The availability of comparable properties in Pleasanton is high. However, identifying precise matches can be challenging. Crucial factors that influence price differences include the quality of construction, the age of the home, the lot size, the proximity to amenities and schools, and the presence of desirable features. The condition of the home, whether recently renovated or needing upgrades, significantly impacts the asking price.
Furthermore, the presence of unique features like a pool, a large yard, or an exceptional view can dramatically increase the value of a property.
Factors Contributing to Price Disparity
Several factors influence the price disparity between similar properties. The quality of construction materials, the presence of modern amenities, and the overall condition of the home are major considerations. A well-maintained home with upgraded systems and features will typically command a higher price than a comparable property needing renovations. Furthermore, the size of the lot and its location within the neighborhood play a significant role in property value.
Proximity to schools, parks, or other desirable areas often increases a property’s desirability and thus its price.
Table of Similar Properties
This table presents a snapshot of comparable properties for sale in Pleasanton, focusing on key features that influence pricing. Note that this is not an exhaustive list and market conditions can fluctuate.
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| Property | Price (USD) | Bedrooms | Bathrooms | Lot Size (sqft) | Year Built | Features | Location |
|---|---|---|---|---|---|---|---|
| Property A | $1,950,000 | 3 | 3 | 8,000 | 2015 | Modern kitchen, hardwood floors, pool | Prime location near schools |
| Property B | $1,750,000 | 3 | 2 | 7,500 | 1980 | Needs minor renovations, large backyard | Slightly less desirable location |
| Property C | $1,825,000 | 3 | 3 | 6,000 | 2000 | Spacious living areas, updated bathrooms | Close to downtown Pleasanton |
| Property D | $1,900,000 | 3 | 3 | 9,000 | 2022 | Custom features, gourmet kitchen, stunning views | Prestigious neighborhood |
Potential Investment Analysis
This Pleasanton home, priced at $1.8 million, presents a compelling investment opportunity. Understanding the potential for rental income, future price appreciation, and inherent risks is crucial for making informed investment decisions. Careful analysis of these factors will determine if this property aligns with long-term financial goals.
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Rental Income Projections
Estimating rental income requires considering comparable properties in the area and current market rates. Factors like property condition, amenities, and local demand all play a role in determining the optimal rental price. A realistic estimate, based on current market data, suggests a potential monthly rental income of $8,000 to $9,000. This assumes the property is fully occupied throughout the year.
Vacancy rates and maintenance expenses will impact the actual income generated.
Future Price Appreciation Forecast
Pleasanton, a highly desirable location, often experiences strong price appreciation. The combination of a robust job market, excellent schools, and a thriving community typically fuels home value growth. Historical data suggests average annual appreciation rates of 5-7% in recent years. However, future appreciation is not guaranteed and depends on various factors including economic conditions, interest rates, and local market fluctuations.
For example, the 2008 recession significantly impacted home values nationwide.
Potential Risks
Investing in real estate always involves risks. Unexpected repairs, tenant issues, and fluctuating market conditions can impact profitability. In the case of this property, the risk of a significant downturn in the local real estate market should be considered. Furthermore, finding and maintaining quality tenants can be challenging, requiring time and effort to manage. Property management fees or hiring a property manager are also important considerations.
Potential Expenses and Income Projection
The following table details potential expenses and income for the property, incorporating projections over a five-year period. These figures are estimates and can vary based on specific circumstances.
| Year | Potential Monthly Rental Income | Estimated Monthly Expenses | Estimated Net Income |
|---|---|---|---|
| Year 1 | $8,500 | $1,500 (property taxes, insurance, maintenance) | $7,000 |
| Year 2 | $9,000 | $1,600 (property taxes, insurance, maintenance) | $7,400 |
| Year 3 | $9,500 | $1,700 (property taxes, insurance, maintenance) | $7,800 |
| Year 4 | $10,000 | $1,800 (property taxes, insurance, maintenance) | $8,200 |
| Year 5 | $10,500 | $1,900 (property taxes, insurance, maintenance) | $8,600 |
Note: The table above assumes a stable rental market and average maintenance costs. Actual figures may vary.
Visual Representation
This Pleasanton gem offers a stunning blend of modern comfort and timeless elegance. The exterior architecture, coupled with meticulously maintained landscaping, creates a welcoming and sophisticated ambiance. Inside, the open-concept layout maximizes natural light and enhances the feeling of spaciousness. High-end finishes and thoughtful design choices throughout the home promise an unparalleled living experience.
Exterior
The home’s exterior showcases a contemporary architectural style, featuring clean lines, a high-pitched roof, and quality materials. Large windows allow abundant natural light to flood the interior spaces. Landscaping is expertly curated, with mature trees, well-maintained shrubs, and low-maintenance ground cover. A paved walkway leads to the front door, inviting guests to enter.
Interior Features
The interior layout is designed for both functionality and style. Three spacious bedrooms provide ample room for relaxation and privacy. The open-concept living and dining area seamlessly blends the two spaces, creating a perfect setting for entertaining. High ceilings add to the airy ambiance, and the well-placed lighting enhances the home’s overall aesthetic appeal. Flooring throughout is a neutral tone, allowing for easy integration of different decor styles.
Kitchen
The gourmet kitchen is a chef’s dream, featuring high-end stainless steel appliances, including a double oven, a warming drawer, and a built-in cooktop. Quartz countertops provide durability and a sleek aesthetic. The kitchen layout is well-designed, with ample counter space and storage. Soft-close cabinetry enhances the functionality and refinement of the space. An oversized island provides extra prep space and a casual dining area.
Bathrooms
The bathrooms in this home exemplify modern design principles. High-quality fixtures and finishes are evident in all bathrooms. Tilework is tasteful and well-executed, and the use of natural light further enhances the rooms’ aesthetic appeal. All bathrooms feature designer vanities, ensuring both style and functionality. The master bathroom boasts a luxurious soaking tub and separate shower.
The condition of the bathrooms is impeccable, reflecting the overall maintenance and care given to the property.
Outdoor Space
The outdoor space is a true oasis. A private backyard offers a patio area perfect for al fresco dining and relaxation. Mature landscaping provides shade and privacy. A swimming pool with a surrounding deck offers a tranquil retreat for enjoying the outdoors. The outdoor space is fully fenced, providing added security and privacy for the home’s occupants.
The yard is meticulously maintained, ensuring an inviting and lush environment.
Last Word
In conclusion, the $1.8 million sale of this three-bedroom Pleasanton home highlights the current market dynamics. Factors such as location, condition, and local amenities all contribute to a property’s value. This analysis offers a glimpse into the factors that drive real estate transactions in Pleasanton.
