June 30, 2008

Mansion Mondays: Cupertino Contemporary

Cupertino, located in the foothills of the Santa Cruz Mountains, is home to the large Apple Computer campus and approximately 54,000 residents. With good schools, freeway access, and temperate climate, this suburb is composed primarily of larger homes sitting on the sites of former orchards. Although not really known for its McMansions, the price tag to live in this city can be a bit steep. Currently, with 82 homes for sale, only 26 are listed under $1mil, with the majority (46) in the $1-2mil range, and 10 properties over the $2mil mark. Today’s featured property is located at 22332 Regnart Road, almost at the end of the road.

Driving up through the gated entrance, you’ll encounter a quarter-century old, single-story contemporary home. With its wood exterior and mid-mod influence, it fits well onto the two-acre wooded property, which backs to the Fremont-Older Open Space, offering residents additional privacy.

The home itself is 4,730 square feet with a total of 5 bedrooms and 4 baths. Walking in, there is a large formal entry, branching off into access to the living room, the dining room, updated eat-in kitchen (which opens to a family room), and the hallway to bedrooms. All rooms face the expansive wood deck, with most having a view of the pool and spa, as well as a spectacular view of the valley all the way to the Bay.

The home, on the market 69 days, is priced at $3,295,000 ($697/sf). There are few recent comparables, but in February a similar-sized home on the same street sold for $2,587,500 or $625/sf. Located at 22245 Regnart, this two-story Mediterranean home built in 1984 is a 4/3.5 of 4,072 square feet sitting on 2.5 acres.

Recent Sweet Digs Posts:
Happy 100 Ross!
City of Alameda: Recent Sales
Monterey County Comes to Redfin
Price Cuts in the Creek
Marin Agents Looking for Luck
A Stroll, A Wander, A Saunter, A Hike, A Promenade
Can’t Afford a Real Home? Buy Property in Second Life and Build Your Own
Bay Area: Do You Really Belong Here?
Portola Valley: There’s a New Market in Town