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Mary Pope-Handy
Realtor
CRS, ABR, E-Pro, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Road
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
CA DRE License
# 01153805

Posts Tagged ‘Monte Sereno’

Monte Sereno: How’s the Market?

Friday, June 26th, 2009

The Monte Sereno real estate market tends to be a good indicator of the high end market throughout Siicon Valley or Santa Clara County. While it may not be exactly the same in Los Altos, Los Altos Hills, Almaden or Saratoga/Los Gatos, it’s often very similar.

Homes at the high end of the price range have taken a beating in the downturn, as would-be buyers - mostly “move up” home buyers - haven’t got enough equity to purchase the next home.  Many are running into problems getting financing too. So without a large amount of money to put down, it’s very difficult for even willing buyers to make the purchase.

Prices have been dropping in Monte Sereno, as they have been dropping everywhere in the San Jose area.  Although we aren’t seeing the deep discounting here that we see in Alum Rock (where most of the houses bought are distressed properties, either short sales or bank owned homes), the rollback in pricing is still painful for home sellers, especially if they were counting on that money for retirement.

Let’s first look at the recent historical data on list prices in Monte Sereno (graphs courtesy of Altos Research, with which I have a subscription). First here’s a view of the median list price of all houses offered for sale in Monte Sereno in recent years:

Monte Sereno List Prices Recent Years
Now, the asking prices in Monte Sereno in recent years broken out by quartile (each segment is 25% of the inventory):

Monte Sereno list prices recent years by quartile

The highest priced homes have shown the most volatility, as you can see by the swings in the top line.  That could be a statistical abberation since each quartile represents very, very few homes.
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Fabulous Monte Sereno Home, Great Los Gatos Schools!

Thursday, January 15th, 2009

Sale Pending!  Under Contract in 24 Days!

I am delighted to have a new listing - wonderful clients, wonderful house! 

Please stop by…

Open This Weekend! Sat/Sun,  Jan 31 and Feb 1  1:30 - 4:00

francesca_court_monte_sereno_real_estate

16125 Francesca Court, Monte Sereno, CA        MLS # 80901346

Offered at $1,865,000

Wonderfully updated home - exquisite blend of traditional/Victorian with contemporary and open style!

4 bed, 3.5 baths (3 bed, 2.5 bath home plus studio apt with full kitchen and full bath) 

Quality craftsmanship in this custom-built home throughout!  Fine features such as hardwood floors, leaded glass windows, tall & classic baseboard, equisite crown moulding, many built-in bookshelves and cabints, and much more!

The kitchen alone is a masterpiece with a huge island, Thermador, Bosch and Sub-Zero appliances, Kohler sinks, cherry cabinets, and slab granite countertops. But that’s not all! The kitchen also includes a bay window, hardwood floors, recessed lights, a lazy Susan, some pullouts, and hardwood floors.

Light dapples through prisms in the leaded, beveled glass in the entryway and Master Bedroom. It is both elegant and understated, refined and warm! The effect, particularly in the master bedroom, is simply breathtaking!

 

More Information on this Classic Monte Sereno Home

LINKS

  1. Virtual Tour Link: http://tours.tourfactory.com/tours/tour.asp?t=474389
  2. Map Link: http://www.mapquest.com/maps?address=16125+Francesca+Court%2C+Monte+Sereno%2C+Ca”>Map to 16125 Francesca Court, Monte Sereno
  3. Link to More Photos of 16125 Francesca Court

SCHOOLS
Highly regarded Los Gatos Schools

  • Los Gatos High
  • Fisher Middle School
  • Daves Elementary School (likely - depending on space available)
  • OPEN HOUSE
    Open This Weekend

    Sat  Jan 24  1:30 - 4:00   &   Sun Jan 25  1:30 - 4:00

    For more information, please see www.16125FrancescaCourt.com

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    The Monte Sereno Real Estate Market

    Sunday, December 28th, 2008

    Monte Sereno is a lovely, upscale residential community of about 4000 people. It’s located adjacent to the town of Los Gatos and the city of Saratoga, California. There are no businesses in Monte Sereno - just homes, the post office, and the city office building along Highway 9. 

    Some folks mistakenly think that whatever is happening in Los Gatos with the housing market is also reflective of the Monte Sereno real estate market. They are sometimes quite different.

    To get all the details on the Monte Sereno real estate market today, please read the entire post on my Live in Los Gatos blog here:

    How is the Monte Sereno Real Estate Market Faring? How Does It Compare to the Los Gatos Real Estate Market and the Market Two Years Ago?

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    Three Historic Japanese Gardens in the Saratoga, Los Gatos, Monte Sereno Area

    Tuesday, October 14th, 2008

    Living History in the West Valley Area of Santa Clara County: Japanese Gardens.  One Is Public, One Is Private, One Is Remodeled Almost Beyond Recognition.

    I used to joke with my kids, “history isn’t boring, it’s just taught that way“. Local Silicon Valley history is plenty colorful, and some of it continues on today as “living history”.

    Japanese Gardens are part of that “living history” of California. They are lovely, calm places to visit with immense but subdued beauty. Did you know that we have three of them locally on the west side of Silicon Valley? You may have heard of Hakone Gardens in Saratoga, but there are two others on the west side (Los Gatos, Saratoga or Monte Sereno) that you might not know of - even if you have enjoyed a meal at one of them! (Also, of course, there is the well known San Jose Japanese Friendship Garden at Kelly Park.)

    The Saratoga Historical Foundation has a fabulous page about these three places, so I’ll refer you there for more reading:
    http://www.saratogahistory.com/History/japanese_gardens.htm. It may not be easy or even possible to see all of them, but if you have never been to a Japanese Garden, go and check them out. You’ll be glad you did.

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    The Silicon Valley Luxury Home Market

    Monday, April 21st, 2008

    What makes a Silicon Valley house a luxury home? How is high end real estate different from the rest of the market? When is a property not just a home with land, but an estate?

    In other parts of the U.S., spending $700,000 will fetch a 4000 square foot home, new construction, in an upscale gated community with country club amenities such as a golf course, tennis courts, and more. Here, that same $700,000 will procure an entry to mid-level single family home in many parts of Santa Clara County.

    Luxury connotes a combination of qualities, features, and amenities. And it includes pricing (relative to the nearby market), condition, land, design.

    Pricing Luxury Homes in Silicon Valley: What Do They Cost?

    Expensive Silicon Valley homes are not necessarily luxury homes. Depending on the city or town, the price tag could be higher or lower. For instance, a fabulous house on a large lot in Gilroy’s Eagle Ridge might sell for 1/3 as much as the identical type of home, land and neighborhood found in Saratoga, Monte Sereno, or Los Gatos, if a similar home happened to be available. Generally, though, luxury homes could cost as little as $1,000,000 or so in some parts of Silicon Valley or in neighboring counties, but in most parts of Silicon Valley, a true estate type property will be valued at $2,000,000 or $3,000,000 or more.

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    Monte Sereno: The Beautiful & Inspiring Home of John Steinbeck

    Saturday, April 19th, 2008

    Sitting at the base of El Sereno, part of the Santa Cruz Mountains, Monte Sereno is an upscale residential community snuggled between Los Gatos and Saratoga, California. The population is very tiny with about 4000 folks living in Monte Sereno any given time. It is composed of about one and a half square miles. This small city shares many services with the town of Los Gatos (such as schools and police). There are no businesses in Monte Sereno, only homes, the citys offices and the post office.

    Real estate prices are high in this low-crime city, and while there are some modest homes, there are also some palatial estates featuring extreme amenities.

    The geography is mostly flat to gentle hills, with much of it wooded. Redwood trees, oak trees, madrone and many others cluster together in the nooks and crannies of Monte Sereno. There are open places too, of course, with grassy fields. Along Daves Avenue, there are several streets that tie in together with a common horse stable, and it has meandering equestrian trails. Most of those homes are on half acre, level lots, with generous ranch style homes that back to the trails. This is a great neighborhood for horse lovers!

    If you have a chance to visit Austin Way behind La Hacienda Restaurant and Inn, youll be delighted to find an old brick road, part of the heritage of Monte Sereno. And on the other side of Highway 9 along Austin Way, youll see a historic building recounting the citys agricultural past in Austin Corners.

    John Steinbeck once called this area home - but later decided the rural hamlet was too crowded, so moved into the Santa Cruz Mountains to regain his serenity! It is said that he wrote ˜Of Mice and Men while living here.

      Official town website
    The Town of Monte Sereno
      History, population, and more on this tiny town which is nestled between Saratoga and Los Gatos.
    Wikipedia on Monte Sereno

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    About Mary

    Monday, February 18th, 2008

    I am a full-time, second generation, award-winning & enthusiastic Silicon Valley Realtor. (My mother, Pat Pope, was a highly regarded & successful Realtor in the San Jose, Santa Clara, Cupertino and Saratoga areas from 1956 until her death in 1996.) Real estate was my second career after I’d worked happily in the area of religious education (in Catholic high schools) & ministry for several years. Economics necessitated an employment change, and real estate was a natural fit as it really is a “helping profession” and I’d grown up with it. I like to joke that my first words were “raised foundation”.  

    An area native, I was raised in Santa Clara and Saratoga, attending public and Catholic schools, and graduated from Saratoga High in 1977. As an adult I lived in several parts of the valley, including 10 years in Cambrian Park, and since 1999, in Los Gatos.

    I hold a Bachelor of Arts from Gonzaga University in Spokane (a Catholic university run by Jesuits - in Religious Studies, 1981) and thanks to my parents’ generosity, was able to enjoy a fabulous Junior year abroad at Gonzaga-in-Florence, Italy (1979-1980), which cemented my love of travel and all things Italian. (With some refreshing, I can still manage a simple conversation in Italian - which is fun!) After some teaching, I earned a Master of Arts (in Systematic Theology, 1986) from The Graduate Theological Union/Jesuit School of Theology at Berkeley.

    Afterwards I returned to teaching religion in Catholic high schools, a very rewarding career, for a few years, until our children came onto the scene. I did a lot of related volunteer work too, with my favorite being as a volunteer chaplain at Good Samaritan Hospital in the early 90’s. Additionally, I worked in the Rainbows Program at our parish, St. Mary of the Immaculate Conception in Los Gatos. Rainbows is a peer-to-peer ministry/support group for kids suffering from any major loss, such as the death of a parent or divorce.

    My husband, Jim Handy, analyzes the semiconductor market. He grew up in many places due to his father’s line of work and speaks French and he too loves to travel; eons ago we honeymooned in Tahiti on Bora Bora where he got to practice his language skills (between their Polynesian French and his Belgian-Swiss-American accent it got interesting at times). We have been very happily married since 1985. Jim has been a Parks Commission volunteer in the Town of Los Gatos for years, so I get a lot of interesting information about the town’s doings from him!
    Our two children, Brian & Clair, are now teenagers. Real estate is inescapable for them, as it had been for me, and when Clair was in second grade she said, “uh oh Mommy, we have termites!” and had correctly spotted the telltale drywood termite pellets on our hardwood floor; I suspect she was the only second grader with the ability to correctly identify termite activity. So, real estate is a little contagious! The kids do some assisting for me in summers and are a big help.
    Like their parents, they love to travel and together we’ve been in much of the US, plus parts of Mexico, England, France, Switzerland, Italy, and Japan.  Brian is now a freshman at Loyola Marymount University in Los Angeles, having graduated from four happy years at Bellarmine College Preparatory in San Jose. Clair is currently a senior at Notre Dame High School in downtown San Jose.
     
    I hail from a large and loving extended Irish-Catholic family and it’s a very tight-knit group. In my free time, I enjoy keeping in touch with them and with many old friends (who feel like family) - and actually many friends and relatives become my clients, just as my clients often become my friends. In recent years, that’s meant a lot of time with older family members. My grandfather, Col. Michael Buckley, died in 2006 at 104 years old and lived about an hour away at a Catholic nursing home in the east bay. My father, John Pope, passed away at Kaiser Hospital in Santa Clara in late June 2008 after a lot of heath problems and a terribly prolonged battle in the ICU. I was honored to be able to spend a lot of time with both of them in recent years.
     
    I try to put a priority on family visits and reunions. (And I have spent a lot of time at relatives’ retirement homes so earned my designation as a Seniors Real Estate Specialist). My siblings & many other relatives come here to visit often and I’m happy that usually they stay at my house. As one cousin said, “sometimes it’s as if you have a revolving door at the front of your house: just the way you like it!” 
     
    Other hobbies of mine, besides traveling at every opportunity and staying in touch with family & friends, include photography, brushing up on the Italian language, reading mystic, spiritual, theological & church books and articles, enjoying walks in my neighborhood at the base of the foothills, listening to all kinds of music, cheering on the New England Patriots (the quarterback, Tom Brady, is my second cousin) and devouring information related to real estate.  Although I went into Real Estate because it pays better - and Silicon Valley is certainly an expensive place in which to live - I do love it.
     
    My enthusiasm spilled over into a book project; I recently co-authored a book, “Get the Best Deal When Selling Your Home In Silicon Valley”, which came out in late December 2004. (You can find it at the San Jose library, on Amazon.com and select bookstores.) I’m passionate about this field, but mostly about every client’s happiness, which is why I’m highly referred.

    Links on my family & me 

     My Grandfather, Col. Michael Buckley, Jr., was in North Africa as an unarmed military observer with British Troops in Libya two weeks before Pearl Harbor when they were captured by German troops….
    Article on Mary’s Grandfather, the first POW of WW2 for the US
     
    You can find my book at the San Jose or Los Gatos public libraries, Borders in Los Gatos (check the Local Authors section by the cafe) and the Silicon Valley Association of Realtors Bookstore. The Santa Clara County Association of Realtors Bookstore carries it too. Or, order it online via Amazon: “Get The Best Deal When Selling Your Home In Silicon Valley”. Or call me for a consultation on selling your home and I will give you a copy!
    Amazon Link to order my book
     
     Jim, my better half, also wrote a book. I confess, though, that it is so high-tech that I only understood the dedication….
    Jim Handy’s book, “The Cache Memory Book”
     
     My brother, Steve (Prof. Stephen J. Pope), is a theologian/social ethicist at Boston College. He’s published one book (just finished a second one), edited several others, penned many published articles, and has another book about to be released. This one was the fruit of his doctoral dissertation.
    The Evolution of Altruism and the Ordering of Love
     
    My sister, Barb, is just awesome but she is somehow under the radar of the web. So it goes! Maybe someday she’ll write a book and I’ll publicize it here :) Goodness knows she’s smart enough…. 
     
    When Jim married me in 1985 I liked football but didn’t follow it all that much. Now that I have a family member on the field, it’s all different (I’m not the woman he married - at least not during football season!). Truthfully, though, I’m as proud of my cousin for the way he handles himself off the field as on it. Good job, Tommy!
    The New England Patriots
     
    Another one of my second cousins, Ryan Slack, is helping to revolutionize real estate on a national scale. I’m so impressed and proud of him for his work in founding and growing Property Shark first, and now moving on to start Green Pearl.

    Mary Pope-Handy Elsewhere on the Web

    PopeHandy.com My personal, comprehensive website with hundreds of pages of information. Not to be missed: an “Organizer” for collecting MLS information. Not only can you get alerts (between once a week and 4 times a day, as you like), but you can mark properties as interested, or delete them, or make notes to refer back to on the properties later. Very, very cool.

    Market Trends & Stats Newsletter for Silicon Valley: The Real Estate Report Monthly stats and trends for Silicon Valley broken down by city/town: San Jose, Saratoga, Los Gatos, Campbell, Monte Sereno, Sunnyvale, plus regions within San Jose such as Cambrian Park, Almaden Valley, Willow Glen and so on.

    Belwood-Belgatos.com My small site on the Belwood, Belgatos and Surmont neighborhoods of Los Gatos. Tons of good info for residents and prospective residents, from Belgatos Park info (and whom to call if it’s closed and should be open, for instance), to the Belwood Cabaña and how to rent it for your next party to housing stats for the community and a neighborhood calendar of events. More is being added so check back often

    HauntedRealEstate.comI like houses, but haunted ones are especially interesting! All about haunted and stigmatized properties, about selling them, about taking a ghost tour, and more!

    Live in Los GatosMy blog about Los Gatos: neighborhoods, shopping, dining, history, events, Los Gatos real estate, and more.
    The book - My Book, “Get The Best Deal When Selling Your Home In Silicon Valley”  is now widely available in libraries and bookstores as well as via Amazon.com and directly from me. Click on the link for more info on the book and what’s covered.

    Twitter:  http://www.Twitter.com/MaryPopeHandy
    Facebook: http://www.Facebook.com/LosGatosRealEstate
    also www.Facebook.com/popehandy

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