Luxury Real Estate in Silicon Valley

How is the Luxury Home Market?Silicon Valley features a number of upscale communities that enjoy beautiful estate properties. These luxury homes are not simply large houses, but rather they boast qualities generally not seen in regular residential real estate.

What makes a house a “luxury home”?

A luxury property in Santa Clara County often includes a number of elements that set it apart, such as:

  • price tag: these homes usually sell for more than three or five million dollars (and may be $10 or $20 million or more, though in some cases as low as $2 million – that largely depends on location)
  • close to an acre or more of land
  • house larger than 4000 or 5000 sf
  • the inclusion of “out buildings” such as a guest cottage, gatehouse, etc.
  • views (valley, hill, acreage) or special features of the land (waterfront, riverfront adjacent), a vineyard, or something else special and uniquely beautiful
  • amenities such as a pool, tennis court, racquetball court, gym, sports court or facilities for enjoying other sports & exercise on site
  • specialized hobby or relaxation rooms, as in a darkroom, library, workshop, conservatory, wine cellar & tasting room
  • entertainment centers not commonly found in private homes, like a ballroom, dedicated home theater room for movie viewing, bowling alley, shooting range, or place to practice a golf swing; pool or billiards and “game room”, and ice cream parlor
  • safety tools such as a video surveillance system, electronic gates
  • neighborhood: it is very hard for an expensive house to be viewed as a luxury home if the surrounding properties are not also high end homes

The (main) house itself is qualitatively different too.

Kitchens tend to be the most important room for San Jose area home buyers of all price ranges, and this includes homes that cost upwards of ten million dollars. Usually, kitchens in these homes are designed with a very clear purpose in mind and are done beautifully, though recently in Los Gatos I saw a home listed for about ten million with a kitchen that needs to be completely remodeled. This is very unusual, though.

Most luxury homes features kitchens of one extreme or the other. On the one hand, it may be more industrial in nature if those cooking in it are primarily professional chefs, domestic employees or catering services rather than the homeowner. This is not the kitchen of glossy magazines, it’s not meant to impress anyone for all the maple cabinets, stainless steel appliances and granite countertops. This sort of kitchen is functional, not gorgeous, and it may have stainless steel countertops, for instance, alongside the giant gas range. Such a kitchen is usually separate from the living areas and the guests are not expected to visit this part of the home.

Far more commonly found in Silicon Valley is the other end of the spectrum, the kitchen where residents spend most of their time, and it’s meant to impress. Here we see high end materials and appliances in a room viewed as much as art as the meals created in it are. This type of kitchen is often the focal point of today’s upscale or luxury home. The home’s floorplan is “open” to the kitchen – often the kitchen and family room blend together as part of a Great Room. This is a kitchen designed for owners who cook, not those who have servants.
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Stunning, scenic, riverfront land, close to town, for Sale in Morgan Hill

My Sereno Group real estate colleague and friend Lorraine Combs has some extremely gorgeous land listed for sale in Morgan Hill.  Many of us have the dream about building a home somewhere in Silicon Valley and getting more space – and this south county acreage is so scenic that I really wanted to showcase it here.  It’s a nice piece of the California heritage with views of the hills, trees and water all in one place. What a great place to enjoy horses or a vineyard!

So, take a few minutes, enjoy the photos and details, and see if these riverside lots might be just the thing for you or someone you know!

Two Riverfront Morgan Hill Lots For Sale: Some General Information

Morgan Hill land for sale along the Uvas RiverThese two properties were recently subdivided, so share the same address, which is 12575 Watsonville Road, Morgan Hill.  The area is close to town and also near to the wine growing region.

One of these parcels is just shy of 3 acres and the other is 3.45 acres.  They are contiguous so two lots can be purchased together if you are looking for an even larger piece of land to call your own.

Both properties front the beautiful Uvas River, which runs year round.  And both are equestrian properties, zoned for horses.

Seller financing is possible for your real estate purchase – this is an enormous plus, especially given the current lending climate!

A well is shared between the two addresses. One lot has a P, G & E pole and the other has an electric easement.

Morgan Hill land for sale, close to town, zoned for horses and situated along the Uvas RiverOne of the parcels has an existing structure and a new house can be built on that site, which includes views of the Uvas River.  The other does not currently have a building on it but does enjoy frontage on the river (and plenty of level land upon which to build).

Please note: do not go to these listings without an appointment!  It is imperative to call and make an appointment first to view this prime land (contact info will be listed at the end of this article).

Now let’s go over each parcel individually. (more…)