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Bay Area’s Prestigious Ridgecrest Ranch Listed for $15 Million Amid Luxury Market Slowdown – Hoodline

Woodside’s Ridgecrest Ranch, an enigmatic Bay Area estate celebrated for its bespoke artistry and expansive amenities, has hit the market with a price tag of $15 million. Once aspiring to fetch $28 million in 2021, the property’s value has dropped sequentially, recently slipping to $20 million in 2022 before anchoring at the current asking price. This comes in the wake of similar high-end properties struggling to secure buyers in a luxury market showing signs of fatigue. The sprawling 18-acre estate, located at 16351 Skyline Boulevard, boasts a repertoire of unique…

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New Home Builders

San Ramon senior living complex lands buyer in $20 million-plus deal – The Mercury News

(Google Maps) The Watermark at San Ramon, a senior citizen living center at 12720 Alcosta Boulevard in San Ramon. SAN RAMON — A senior citizen residential complex in the East Bay has been bought by a real estate investment group from the Midwest in a deal that tops $20 million. The Watermark at San Ramon has been bought by an affiliate of real estate firm Welltower, according to documents filed on April 25 at the Contra Costa County Recorder’s Office. Ohio-based Welltower invests in healthcare-related real estate, including properties that…

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Is this East Bay refinery-turned-housing-development a model for reclaiming contaminated sites? – The Mercury News

A drone view of the Victoria by the Bay neighborhood in Hercules, Calif., on Tuesday, April 30, 2024. The development was built atop the former Pacific Refinery site. The Phillips 66 San Francisco Refinery can be seen in the distance. (Jane Tyska/Bay Area News Group) HERCULES — On the surface, Victoria by the Bay is a charming neighborhood of 926 homes only a short walk from the shores of San Pablo Bay. But the ground beneath the roughly 200-acre development was once home to the former Pacific Refinery Co., a…

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Big Bay Area real estate portfolio is bought for well over $100 million – Silicon Valley

SAN JOSE — A big South Bay portfolio of office, commercial and industrial buildings has been bought by a New York-based real estate investment group in a deal valued at well over $200 million. The buying group paid $222 million for buildings in San Jose, Milpitas and Santa Clara, according to documents filed on May 1 and May 2 with the Santa Clara County Recorder’s Office. 1001-1021 Cadillac Court, an office and industrial building in Milpitas.  The purchase of the buildings suggests that investors still hunger for Bay Area properties…

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Big Bay Area real estate portfolio is bought for well over $100 million – The Mercury News

(Google Maps) 591 North King Road in San Jose, an office, commercial and industrial complex. SAN JOSE — A big Bay Area portfolio of office, commercial and industrial buildings has been bought by a New York-based real estate investment group in a deal valued at well over $100 million. The buying group paid $149 million for buildings in San Jose and Milpitas, according to documents filed on May 1 with the Santa Clara County Recorder’s Office. 1001-1021 Cadillac Court, an office and industrial building in Milpitas. (Google Maps) The purchase of…

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New Home Builders

Big South Bay real estate portfolio is bought for well over $200 million – The Mercury News

(Google Maps) 591 North King Road in San Jose, an office, commercial and industrial complex. SAN JOSE — A big South Bay portfolio of office, commercial and industrial buildings has been bought by a New York-based real estate investment group in a deal valued at well over $200 million. The buying group paid $222 million for buildings in San Jose, Milpitas and Santa Clara, according to documents filed on May 1 and on May 2 with the Santa Clara County Recorder’s Office. 1001-1021 Cadillac Court, an office and industrial building…

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Big South Bay real estate portfolio is bought for well over $200 million – Silicon Valley

SAN JOSE — A big South Bay portfolio of office, commercial and industrial buildings has been bought by a New York-based real estate investment group in a deal valued at well over $200 million. The buying group paid $222 million for buildings in San Jose, Milpitas and Santa Clara, according to documents filed on May 1 and May 2 with the Santa Clara County Recorder’s Office. 1001-1021 Cadillac Court, an office and industrial building in Milpitas.  The purchase of the buildings suggests that investors still hunger for Bay Area properties…

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New Home Builders

This $14.5 Million Bay Area Estate Features a Tennis Court and Rose Gardens – Robb Report

Asking around about Piedmont, California, just across the Bay Bridge from San Francisco and right next door to Oakland, one might say it resembles more of a close-knit village than “the City of Millionaires,” which is its historic moniker. Hollywood legend Clint Eastwood, tennis star Brad Gilbert, and Little House on the Prairie’s Dean Butler were raised among the area’s lavish estates and rolling hills. And an elegant mansion set behind gates on an elevated perch above winding Hampton Road, listed for $14.5 million with Ann Newton Cane and Michael Dreyfus of Golden…

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