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No open houses and a buy $2.899MM, 636 Gold Ridge, Sebastopol Ca 95472


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2012 Apr 10, 8:25am   677 views  0 comments

by Tom Stone   ➕follow (2)   💰tip   ignore  

MLS#21206776. This place has no sign, is not visible from the road and it is only shown with 24 hrs notice and the listing agent present. It was on the market last year and the year before. The photographs of this place are decieving, it is much, much nicer in person. I had the chance to really look at it both on the broker's tour and my office's tour and spent about 4 hours there. I will usually spend 15 minutes to 30 minutes looking at an estate, I can get a very good idea of the quality and note any obvious problems.The most striking thing to me is that every single structure and improvement is properly located and oriented both for ease of access and privacy (This is very rare). The main house is a big ranch. It's a big ranch with an excellent floor plan, superior materials and superior workmanship that has been very well maintained. The "Pool House" is gorgeous, 2000 sq ft of functional beauty. And it is both close to and private from the main house. The listing agent claims about 17 acres plantable, I'd call it closer to 15 and I have a good eye.There's an award winning vineyard on the same ridge, you can grow world class pinot and chardonnay at this location, the soil is called "Gold Ridge Loam". I didn't mention the view, it's pastoral and panoramic.For someone who wants a genuine estate that is both very livable and very suitable for entertaining it would be hard to do better. I automatically do a rough appraisal of any property I look at, especially estates. Factoring in depreciation of all sorts ( yes it's a guess, I guess on the high side or try to) you could not replicate the structures and improvements for less than $3.2MM and you get 23 acres of superb land. I'd buy this in an eyeblink if I could afford it. If the sellers did not like their privacy so much it would sell quickly, feet on the ground sells homes.

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