Posted on 10/18/2014 8:42:06 PM PDT by 2ndDivisionVet
In Atherton, Calif., 94027, the most expensive home currently on the market is a 12,840-square-foot Mediterranean mansion with a $21.988 million price tag. Not a millionaire? Good luck finding a place to live in this Silicon Valley enclave. The least expensive home for sale in the 94027 ZIP code is a 1,370-square-foot, two-bedroom, two-bath bungalow. In other words, a starter home–with an asking price of $1.499 million.
The median price of the 24 homes listed for sale over the summer was $9.03 million, making Atherton the most expensive ZIP code in America for the second year in a row.
“Atherton is drawing a lot of young executives: CIOs, CFOs, and CEOs,” says Ken DeLeon, a Silicon Valley broker whose firm, DeLeon Realty, has $480 million in sales closed or pending to date this year. “And the international buyers really draw on the prestige.”(continued)
(Excerpt) Read more at forbes.com ...
WILLIE MAYS lives there now as well. He used to live in San Francisco in Forest Hill, also very posh. Now he's in an ever POSHER neighborhood!
Once mexican property crime climaxes in the posh Bay Area communities, the party will be over. And it’s coming.
“Once mexican property crime climaxes in the posh Bay Area communities, the party will be over. And it’s coming.”
Good point, they can run, but they cannot hide forever, as the wealthy learned in Russia, in 1917.
Can’t help but notice that they’re right next to the very lovely East Palo Alto too...
http://www.sfgate.com/crime/article/Young-man-shot-to-death-in-East-Palo-Alto-5801263.php
I use an app called Zillow to check out prices and properties. It’s interesting to look at all the mansions in the Hamptons.
As a Long Islander, I always loved looking at all the mansions on stilts. It seems so profanely luxurious and primitive at the same time.
...although it was more common in Westhampton that the glitzier Easthampton, simply because in Easthampton, the oceanfront is on the main island.
I work for a bank, and I see a lot of appraisals come through on the houses of The Rich, and boy, do they buy ugly, cheap-looking furniture. What a waste of luxury. You can take the people out of Walmart, but you can’t take the Walmart out of the people.
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