Stunning Portola Valley Home For Sale

Stunning 5 bedroom, 4.5 bath Craftsman style view home designed in 2004 by Roger Kohler with an emphasis on light and open design.

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Offering 3981 sq ft +/- of thoughtfully planned living space with expansive views of the majestic oak trees and the surrounding hills.  Beautifully sited on 1.2 acres of oaks, fruit trees, lush gardens and lawns, the easy flow of indoor outdoor living expands from the home to the tiered Brazilian hardwood decks to an inviting flagstone patio with hot tub.  Designed with great attention to detail and meticulously maintained, this exquisite home in ideally located within walking distance of Alpine Hills Tennis and Swim Club, 10 minutes from Stanford University and close to highly rated Portola Valley schools.

Counties Currently Participating in Prop 90

Eight California counties currently participate in Prop 90 tax base transfers.   They include Alameda, San Diego, San Mateo, Santa Clara, Los Angeles, Orange, El Dorado and Ventura.    Santa Clara County supervisors recently voted to keep Prop 90 in place while El Dorado County was a new addition in 2010.

Prop 90 allows people aged 55 & over  to transfer a property’s factored base year value from an existing residence to a replacement residence between the participating counties.   Replacement properties must be of equal or lesser value than the original property.

This means you could sell your long time residence in Palo Alto and purchase a replacement property in San Diego that was of equal or lesser value than your Palo Alto home and apply to have your existing tax base transfer to your new property.    It can be a great benefit if you have owned a home for many years.

The participating counties can change at any time and you should always talk to your financial advisor regarding requirments of your specific situation.

 

Burlingables – Petite and Popular

Burlingame, CANestled in a small geographic area of tree lined streets is the very desirable Burlingables neighborhood. Charming homes, friendly neighbors, fabulous Washington Park, and an easy walk to the train station and bustling downtown Burlingame Ave all contribute to making this a highly sought after location. Recent home sales have been quick and competitive, with homes selling in under a week and over asking. 447 Chatham, 321 Concord Way and 401 Bloomfield all sold with multiple offers in 6 or 7 days and all sold over the original asking price.