Napa Valley Address

Yountville weekly real estate update

Posted by Curtis Van Carter on August 3rd, 2008 filed in From Curtis, Yountville

This is a weekly feature to keep you informed about the real estate happenings in Yountville. Besides just real estate info, I hope to give the readers of my blog some insight into the heart of Yountville using a variety of media including photos, tidbits, gossip and other fun things. If this is of interest to you, I would love hearing from you. If there are other cities here in the Napa Valley, such as St. Helena or Calistoga, you would like this feature expanded to, let me know. 

STATS

last 7 days acivity     new listings  2    sale pending  1    sold  0    expired  0    withdrawn  0

new listing(s)          128 Vineyard Circle, $849,000, 2 br, 2 ba, 1,154 SF

                            1978 Adams Street, $1,445,000, 4 br, 3 ba, 2,683 SF

new pending(s)       6600 Oak Leaf Court, $449,000, 2 br, 1 ba, 957 SF

        Facts, numbers, SF from BAREIS and/or Napa County tax records, not guaranteed

current active listings for sale    22        average price  $1,136,948   average days on market  85

current sale pendings                1         average price  $375,000   average days on market 70

sold in last 6 months                 10         average price  $672,000   average days on market 161

FACTS ETC

I am digressing from Yountville today to bring you what I consider the best buy in the Napa Valley. The property is located in St. Helena, 9 miles north of Yountville. St. Helena

1242 Madronna Avenue

and its surrounds have the highest priced properties in the Napa Valley. 1242 Madrona Avenue is one of those quintessential older homes, the tax records say 1935, on the West side (that’s imortant to the locals) with many original features and touches that give these homes their charm. Besides the old vintage appeal, the lot is on a corner and over 10,000 SF, again per tax records. The only drawback, the remodel kitchen and family room add-on was not done with the same charm and grace as the remainder of the home and needs the right person/architect to correct the look and make it right.

fireplace in living room

bathroom

The reason I call this the best buy in the Valley, the price $895,000. This home which was originally price at $1,299,000 about 6 months ago and once the kitchen area is done right would have brought around $1.5M at the height of the market 3 years ago. As many of you know who read this blog, the Napa Valley is a true enclave and has weathered this down turn well. There is always a demand for homes with that special look and feel here and “if Madrona was done right”, it will shine bright once more and command a much higher price.

family room area

rear yard