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Quarter-acre property a 'whimsical environment'
Each town is home to less than 1,000 people and set amid agricultural fields. Blackstone Real Estate Income Trust will offload 19 student-housing properties with more than 10,000 beds to funds managed by KKR, according to a statement Thursday. The deal, which is expected to be completed by the third quarter, includes properties located near 14 public universities. Gambino said the Glassell Park area where the home is located is popular among artists, musicians and actors.
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Both communities in the Riverside-San Bernardino metropolitan area saw home values dip about 17% in the last year. Trona’s heyday was in the early 1900s, when it was a company town, established in 1914 and operated by the American Trona Corp. Early on, a central building housed many workers and all the town’s businesses, including a “pool hall, a barber shop, post office, library, grocery and department store,” according to the Searles Valley Historical Society. For the last 30 years, Ann Epperly has lived in Trona, one of only nine California cities, towns and unincorporated areas tracked by Zillow with median home values under $150,000 in February 2024.
All-cash offers, wealthy buyers push Southern California home prices to a record
California is home to 210 cities, towns and communities monitored by Zillow where the median home values are more than $1 million. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.Data powered by Attom Data Solutions. All measurements and all calculations of area are approximate.
A gourmet kitchen sporting top-tier La Cornue and Miele appliances connects to a breakfast nook and spacious family room warmed by a fireplace, and a bookshelf-lined library/office has a stone fireplace and discreet wet bar. Sited on a bucolic parcel of land spanning well over 3 acres, just minutes away from Carmel-by-the-Sea, the residence is tucked away behind gates and a 300-foot stone wall crafted by Masons from Ireland, and fronted by a circular driveway that passes through a porte-cochère before emptying out at a four-car garage. Once inside, a double-height foyer displaying herringbone-style floors and a curving staircase flows to a fireside living room topped by a soaring vermilion-hued ceiling and formal dining room flaunting a hand-painted mural. By providing your information, you agree to our Terms of Use and our Privacy Policy.
The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc. As residents across urban California have decamped for more space and affordability in the exurbs, small towns statewide have grown in popularity. Sonney Berri, a real estate agent in Trona, has seen an uptick in prices since the COVID-19 pandemic, a trend he attributes to homeowners who previously lived close to city centers and sold their homes to buy properties in this unincorporated community in San Bernardino County. These towns represent islands of affordability in a state where the median home price is $789,000.
PHOTOS: Unique 'Cave House' For Sale In California - iHeartRadio
PHOTOS: Unique 'Cave House' For Sale In California.
Posted: Thu, 07 Dec 2023 08:00:00 GMT [source]
San Francisco, CA
Suzanne Somers' former California estate up for sale for $9M: See inside - Page Six
Suzanne Somers' former California estate up for sale for $9M: See inside.
Posted: Mon, 29 Jan 2024 08:00:00 GMT [source]
Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Listing information is being provided by the BAREIS Inc., MLS. Some of the state’s lowest median home values — as low as $114,000 —are located near the Oregon border, in the towns of Dorris, Macdoel and Tulelake.
Blackstone to Sell $1.6 Billion of Student Housing to KKR
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In California’s Carmel Valley, a Picturesque Retreat Lists for $11 Million
Trona, a “desolate area that was very much thriving back in the ’50s and ’60s,” was littered with abandoned homes after plants closed decades ago, said Berri, 49. Now, “people are fixing them up and making the community better,” he said. Herlong, located along the border with Nevada, 90 miles north of Lake Tahoe, is another town with a low median home value. It’s an army town named after a World War II-era captain and home to a military storage facility. Like so many California real estate deals, you have to journey off the beaten path, make compromises and have some imagination. But if you look hard enough, there are still a handful of cities where the median price of a home is less than $150,000.
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