St Louis Real Estate Exchange

The most informative Real Estate Blog in St. Louis

April 28, 2021

Luxury Home Spotlight

Luxury Listing: 7616 Maryland Ave, Layton 63105

Beautiful brick & stone exterior. 10' ceiling in main and lower levels, job site-finished white oak hardwood floors, 2 fireplaces (LR and FR), Marvin windows and doors, and designer lighting throughout. Chefs kitchen with Wolf & Subzero appliances, quartz countertops and full height backsplash, butler's pantry with beverage fridge and large Walk in pantry. Kitchen opens to family room and eat-in area with glass doors to the covered deck. Large Master suite with a gorgeous Carrara bath and generous WIC, laundry, and three additional bedroom suites complete the second floor. Knotty Alder bar, recreation area, full bath, fifth bedroom and oversized two car garage complete the lower level. Smart home with Nest thermostats and door bell, 3-stop elevator, professional landscaping, in-ground sprinklers, and aggregate hardscape. Fabulous lot with tons of privacy- cedar fencing and mature trees. Modern luxury living in the heart of Clayton

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April 28, 2021

Celebrity Real Estate News

Bryan Cranston’s Eco-Friendly Beach Home Has Sold for $5.45M

Bryan Cranston, star of “Breaking Bad,” has had some good news.

His eco-friendly Ventura, CA, beach house sold just weeks after coming on the market, the Los Angeles Times reported.

In February, the dreamy green beach build landed on the market for $5 million. The actor’s custom-built, environmentally friendly abode managed to top that figure, with a final sale price of $5.45 million.

The actor and his wife, Robin Dearden, bought the place in 2007 for $2.5 million, according to the L.A. Times. They then set about transforming what had been a 1940s beach bungalow. He enlisted a designer friend, John Turturro (no relation to the actor!), and the resulting concept is a net-zero, sustainable structure.

The solar panels on the roof, along with energy-efficient appliances and construction methods, mean that the home has a virtually no-cost energy bill.

 

However, these days, the busy entertainer is not spending much time at his sustainable vacation getaway, and he decided to let it go to a new owner, as he told the Wall Street Journal.

The modern dwelling known as “Three Palms” measures 2,450 square feet, and offers three bedrooms and four bathrooms.

Towers covered in titanium help guard against the elements, and give the structure a fortresslike look from the outside. Inside, huge sliding glass doors bathe the interior in natural light, and the open floor plan and decor warm up the space.

The living area accesses multiple beachfront patio areas, expanding the living space outside.

The ultramodern kitchen includes high-end cabinetry and appliances. Other details include polished concrete flooring and smart home capabilities. 

The furniture, some of it custom-made for the house, was available for buyers to purchase, as well as some of the art on the walls from Cranston’s personal collection.

One floor up, the bedroom retreat features a walk-in closet, a bathroom with a stand-alone soaking tub and separate shower, as well as a balcony with ocean views. 

The private second bedroom also has an ocean view. Other bedrooms offer en suite bathrooms for privacy and comfort for family and guests. 

The back deck is just steps to the beach.

Cranston relayed in a press statement his difficult decision to sell.

“I put my heart, soul, and blood, sweat, and often tears into it, and I’m glad, because it was such an artistic endeavor, and yet functional,” he said, adding, “There’s something lovely about creating something with tremendous pride and effort and turning it over … letting someone else take it to the next level of appreciation.”

Let’s hope that final high offer helped to take the sting out of selling.

Cranston, 65, first became known for his hilarious roles as the father, Hal, in the sitcom “Malcolm in the Middle” and the dentist Tim Whatley in “Seinfeld.” He showed incredible range with his portrayal of Walter White in the addictive drama “Breaking Bad,” which was recognized with multiple awards.

More recently, the multitalented performer won a Tony Award for his portrayal of President Lyndon B. Johnson in the Broadway show “All the Way,” which was later adapted as a special on HBO. Cranston has had multiple film roles, in such movies as “Little Miss Sunshine,” “Argo,” and “The Upside.”

April 28, 2021

Real Estate Market Report

Real Estate Market Report - April 2021

Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates. Existing home seller and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buyer market in the coming months. 

New Listings decreased 3.6 percent for Residential homes but increased 7.0 percent for Townhouse/Condo homes. Pending Sales increased 13.7 percent for Residential homes and 38.3 percent for Townhouse/Condo homes. Inventory decreased 44.3 percent for Residential homes and 23.5 percent for Townhouse/Condo homes. 
Median Sales Price increased 13.1 percent to $203,500 for Residential homes and 3.6 percent to $175,950 for Townhouse/Condo homes. Days on Market decreased 32.8 percent for Residential homes and 2.2 percent for Townhouse/Condo homes. Months Supply of Inventory decreased 51.7 percent for Residential homes and 32.0 percent for Townhouse/Condo homes. 
While many homebuilders are working to increase their activity, the cost of lumber and other materials and a backlogged supply chain continue to limit new home construction and have increased costs substantially. New methods of construction, including 3d printed homes, could speed construction and reduce costs in the future, but realistically are several years away from making a measurable impact in the market.   
May 15, 2020

Featured Investors' Corner

 

 

April 17, 2020

Featured Investment Property

 

711 North Elm Ave, St Louis, Missouri 63119

 

Two bedrooms, one bathroom completely renovated and move-in ready in the highly-rated Webster School District. The kitchen opens nicely to the dining area and living room. The entire home has new luxury vinyl plank flooring. The kitchen has new countertops, refinished cabinetry and stainless steel appliances. Backyard is fenced and flat with patio and oversized driveway. Other updates include new roof, windows, paint, trim, flooring, interior doors!! Plumbing Contractor to install new hot water heater and hook up sinks on 4/21.

 

More Photos: 

 

 

For more information, please contact Ryan Jackson

Email: Ryan@TheNettGroup.com

Cell: 314-719-9817

 

View Full Listing Details: https://stlouisrealestateexchange.realgeeks.com/property/20023557/?addrs

Feb. 20, 2020

What's Happening in St Louis

We’ve picked out some of the best events, festivals, museum exhibits, theater performances, concerts and more happening in St. Louis this February.  Check out these 10 things to do St. Louis this February and plan your visit today.

Soulard Mardi Gras | All Month Long

February is Mardi Gras time and the Soulard neighborhood hosts the biggest party in town.  The events happening this month include the Cajun Cook Off (Feb. 16), Taste of Soulard (Feb 23-24), and Pet Parade (Feb. 24)

GUITAR: The Instrument that Rocked the World | Through April 14

Experience the science of sound and the cultural impact of the guitar by exploring more than 70 instruments and 100 historical artifacts-ranging from the rare and antique to the wildly popular and innovative. This special exhibition from The National GUITAR Museum at the Saint Louis Science Center features hands-on activities, video performances, x-ray images of guitars’ inner workings and plenty of opportunities to strum and jam.

Orchid Show | February – March 24

The annual Orchid Show offers visitors a once-a-year opportunity to see a rotating display of hundreds of orchids from the Missouri Botanical Garden’s expansive permanent living collection amid a tropical oasis inside the Orthwein Floral Display Hall.

Oslo | February – March 3

Winner of the 2017 Tony Award for Best Play. In 1993, two bitter enemies shocked the world by shaking hands and agreeing to work toward peace. This breathtaking drama at The Repertory Theater tells the story of the secretive and precarious negotiations that made that moment possible. By focusing on the Norwegian couple who brokered talks between the Israelis and Palestinians, Oslo finds the unlikely story behind this historic event.

Lift Every Voice | February 22

Celebrate African American history and culture with the St. Louis Symphony, guest Byron Stripling and the IN UNISON Chorus. Hear Lift Every Voice at Powell Hall.

Kelly Clarkson | February 23

Catch Kelly Clarkson, taking a break from judging on NBC’s The Voice, on her first tour since 2015. February 23. Chaifetz Arena.

Sept. 9, 2019

139 Benedictine Ct | Florissant

139 Benedictine Ct | Florissant

139 Benedictine Ct | Florissant

Aug. 28, 2019

823 Wheelwright | Manchester

823 Wheelwright | Manchester

823 Wheelwright | Manchester

Aug. 16, 2019

11339 State Route 21 | Hillsboro

11339 State Route 21 | Hillsboro

11339 State Route 21 | Hillsboro

Aug. 12, 2019

328 Bramtonn Place | Arnold

328 Bramtonn Place | Arnold

328 Bramtonn Place | Arnold