Another Record Sale Price in Belmont!

May 17, 2011

This month, another record sale took place in Belmont. The property at 400 Club Drive was listed at $3,300,000 and was on the market for 89 days before it was taken off the market. It then sold in May off the market for $3,325,000. That’s a record price for Belmont with regards to single family residences. This home offered 4 bedrooms, 4 baths, and 4910 sq. ft. of living space, and over 4 acres of land (mostly on a downslope). One major selling point for this home were the 360 Views of San Mateo, San Francisco, Marin, and Alameda county.

While this sales price of homes is not typical for Belmont, it can be an indication that buyers looking for more space or luxury properties are willing to compromise a bit on location in order to find a home that offers the amenities they want/need, and get more for their money.