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13578 Crestline Dr
Santa Rosa Valley, CA 93012
$7,250,000
Conventional
Property
Bedroom
8
Bathroom
9
Property Type
Conventional
Square ft
10814
Property Description
Remarkable, re-envisioned 8 BR, 8.5 BTH private estate perfectly poised to soak in the unobstructed 360 degree views of the Channel Islands, Reagan Library and coastal mountain ranges. Set within Santa Rosa Valley's gated equestrian community of Lexington Hills, this premium 28.82-acre property delivers privacy and a coveted luxury lifestyle. Thoughtfully reimagined and designed by ARC Design Group in 2017, the present owner enhanced and expanded the residence to create both formal and informal gathering spaces that flow effortlessly to the outdoor entertainment areas that define the property. Enter the property up a long private driveway bordered by manicured trees to double gates and a welcoming circular driveway with additional parking framed by lush landscaping, sparkling fountain, a soothing brook and other water features. The homeowner and guest parking is plentiful. This estate was built to entertain both small get-togethers or large social events (an additional flat pad at the base of the driveway provides overflow parking or space for a barn/studio/ or other improvements ). Once through the tall double glass door entry, you are greeted by a light-infused 24-foot ceiling in the foyer that opens to the formal living room with fireplace and skylight, beautiful formal dining room and adjacent prep station and striking staircase. Bespoke elements are evident with recently crafted wainscotting, custom woodworking, hardwood floors and elegant fixtures to provide the perfect counterpoint to the modern upgrades such as whole-home Control 4 automation and speakers throughout the interior and exterior. There are outstanding views from every room/window. The informal spaces in the home excel with great room ambiance in the recently expanded kitchen/breakfast room/family room. The kitchen area renovation features custom cabinetry, countertops and backsplash and now accommodates a large center island with seating, 60-inch professional Thermador range and hood, dual dishwashers, warming oven, additional oven, undercabinet microwave and built-in 72 inch refrigerator and freezer. Retreat to the media room equipped with a dropdown screen/Control 4 ipad automation that adds flexibility to the space. A first-floor office/den has also been expanded and features built-ins and outdoor seating area. The recent addition of a 2-bedroom main level guest wing (approximately 1870 sf) features a secondary master suite with covered outdoor patio and an extra bedroom and bath, both joined by a large living/gathering room with a mini kitchen, dining space, entertainment center and built-ins. The spacious owner's retreat has been completely redesigned and enlarged with a sumptuous soaking tub, oversized steam shower, designer vanity area, and 2 large organized closet areas. The owner's suite also features a large covered balcony with stunning views and direct access to the large outdoor gathering deck. All additional bedrooms are oversized and en-suite, and feature private balconies to capture the breathtaking sunrise and sunsets. The outdoor entertainment areas differentiate this property from all others. A 400 square foot outdoor pool house/kitchen features accordion walls of glass that retract and frame a Teppan grill and seating area, 60 inch Wolf professional grill, stone pizza oven and stainless steel surfaces. Or relax in the covered outdoor family room with fireplace and TV that provides the perfect respite after a match on the lighted tennis court or swim in the sparkling heated pool/spa. Escape to the 1BR/1Bath guest house with full kitchen, living room and convenient covered sitting area. Did I mention the helipad? The extensively landscaped yard features a path around the perimeter is the perfect way to start your day and experience all that Santa Rosa Valley has to offer. Only 5 minutes to the 23 Fwy, close to shopping/ Whole Foods/golf courses and award-winning schools. Just a short commute to Warner Center and Camarillo airport.
Property Information
Lot Size
28 acre(s) square ft
Property Type
Residential
Year Built
1999
MLS Number
24-377319
Location
Address
13578 Crestline Dr
City
Santa Rosa Valley
State
CA
Zip Code
93012
County
VENTURA
Listing
Provider
Name
Compass
Phone
Office Name
Compass
Office Phone
(310) 230-5744
Agent Name
Kimberley Pfeiffer

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.