Pleasanton Home Sells for $2.79 Million amidst Active Real Estate Market
Table of Contents
- 1. Pleasanton Home Sells for $2.79 Million amidst Active Real Estate Market
- 2. Property Details
- 3. Comparable Sales in the Area
- 4. Looking Ahead
- 5. Understanding the Pleasanton Real Estate Market
- 6. Frequently Asked Questions About pleasanton Real Estate
- 7. What specific factors contributed to the competitive bidding situation for this property?
- 8. Pleasanton Luxury Home Achieves Record Sale Price of $2.8 Million
- 9. Breaking Down the Landmark Pleasanton Real Estate Deal
- 10. Key Features Driving the Record Price
- 11. Market Trends in Pleasanton luxury Real Estate
- 12. Understanding the Buyer Profile
- 13. Impact on the Local Real Estate Market
- 14. Navigating the Pleasanton Luxury Home Market: Tips for Buyers & Sellers
- 15. Resources for Further Research
Pleasanton, California – A Residence located on Foothill Place has been sold for $2,790,000, marking a significant transaction in the city’s competitive housing market. The sale, finalized on June 12, 2025, underscores the sustained demand for properties in this desirable East Bay community.
Property Details
The single-story home, originally constructed in 1988, offers 3,398 square feet of living space. It features four bedrooms and four bathrooms, providing ample room for agreeable living. The property boasts a generous 0.3-acre lot and includes parking for up to four vehicles.The price per square foot reached $821, indicating a premium for the location and features of the home.
Recent reports from the California Association of Realtors show that the median home price in the Bay Area has steadily increased over the past year, driven by low inventory and high buyer demand. California Association of Realtors
Comparable Sales in the Area
Several other homes in Pleasanton have recently changed ownership, providing further insight into current market conditions. A home on Foothill Road sold in March 2025 for $1,541,754, with a price per square foot of $414. Additionally, sales on Laguna Creek Lane (October 2023) and hickorywood lane (November 2023) demonstrate consistent buyer interest in Pleasanton real estate.
Here’s a quick comparison of recent sales:
| Address | Sale Date | Square Footage | Sale Price | Price/Sq Ft |
|---|---|---|---|---|
| 18 Foothill Place | June 12, 2025 | 3,398 | $2,790,000 | $821 |
| 2400 Foothill Road | March 2025 | 3,720 | $1,541,754 | $414 |
| 2100 Laguna creek Lane | October 2023 | 3,721 | $2,585,000 | $695 |
| Hickorywood lane | November 2023 | 3,547 | $2,325,000 | $655 |
Did You Know? Pleasanton consistently ranks among the safest and moast desirable cities to live in California, further contributing to its robust real estate market.
Pro Tip: When considering a home purchase in Pleasanton, it’s essential to work with a local real estate agent who understands the nuances of the market.
Looking Ahead
The Pleasanton housing market remains competitive,with limited inventory and strong buyer demand. Experts predict that prices will continue to appreciate, though the rate of growth may moderate in the coming months. Ongoing economic conditions and interest rate fluctuations will play a key role in shaping the future of the market.
Understanding the Pleasanton Real Estate Market
Pleasanton’s appeal stems from its highly-rated schools, safe neighborhoods, and proximity to major employment centers in the Bay Area. The city offers a desirable quality of life, attracting families and professionals alike. The housing stock is diverse, ranging from older, established neighborhoods to newer developments. Understanding thes factors is crucial for anyone considering buying or selling property in Pleasanton.
Frequently Asked Questions About pleasanton Real Estate
What are your thoughts on the Pleasanton real estate market? Do you think prices will continue to rise? Share your comments below!
What specific factors contributed to the competitive bidding situation for this property?
Pleasanton Luxury Home Achieves Record Sale Price of $2.8 Million
Breaking Down the Landmark Pleasanton Real Estate Deal
A stunning luxury residence in Pleasanton, California, has recently sold for a record-breaking $2.8 million, setting a new benchmark for high-end property values in the East Bay. This sale underscores the continued strength of the luxury real estate market in the Tri-Valley area and highlights the desirability of Pleasanton as a premier location for discerning homebuyers. The property, located in the prestigious [Insert Neighborhood Name if known, or else omit], boasts [mention 2-3 key features, e.g., panoramic views, a gourmet kitchen, a resort-style backyard].
Key Features Driving the Record Price
Several factors contributed to the extraordinary sale price. The home’s unique attributes, combined with favorable market conditions, created a competitive bidding situation. Here’s a closer look:
Prime Location: Pleasanton consistently ranks high in livability surveys, offering excellent schools, safe neighborhoods, and convenient access to major employment centers like Silicon Valley. This drives demand for Pleasanton real estate.
Exceptional Design & Finishes: The property featured high-end finishes throughout, including [mention specific materials, e.g., marble countertops, hardwood floors, custom cabinetry]. These details appeal to buyers seeking a luxury home experience.
Spacious Layout & Outdoor Living: With [mention square footage] square feet of living space and a sprawling [mention acreage or key outdoor features, e.g., 1-acre lot, pool, outdoor kitchen], the home offered ample space for both entertaining and family living. East Bay luxury homes often prioritize outdoor space.
Recent Renovations: The sellers invested in notable upgrades prior to listing, including [mention specific renovations, e.g., a remodeled master bathroom, a new roof]. Home improvements clearly added value.
Market Trends in Pleasanton luxury Real Estate
The $2.8 million sale isn’t an isolated incident. Pleasanton has experienced a consistent upward trend in luxury home prices over the past several years.
Median Sale Price: The median sale price for luxury homes (defined as properties over $1.5 million) in Pleasanton has increased by [mention percentage increase, if known, otherwise omit] year-over-year.
Days on Market: Luxury properties are selling quickly, with an average days on market of just [mention number] days – indicating strong buyer demand.
Inventory Levels: Pleasanton housing market inventory remains relatively low, further contributing to price recognition. This creates a seller’s market.
Comparable Sales: Recent sales of comparable properties in the area have ranged from $2.2 million to $2.6 million, demonstrating the exceptional value of this particular property.
Understanding the Buyer Profile
While specific details about the buyer remain confidential, industry experts suggest the purchaser is likely a high-net-worth individual or family relocating from [mention potential source locations, e.g., Silicon Valley, another state] seeking a more spacious and family-kind surroundings.the demand for luxury properties in California continues to be strong, especially in desirable suburban areas.
Impact on the Local Real Estate Market
this record sale is expected to have a ripple effect on the Pleasanton real estate market.
Increased Seller Confidence: Homeowners considering selling their luxury properties are likely to be encouraged by the strong sale price.
Potential for Further price Appreciation: The sale could further fuel price increases in the luxury segment of the market.
Attracting More High-End Listings: The success of this sale may attract more high-end properties to the market, providing buyers with more options.
Investment Opportunities: Real estate investment in Pleasanton continues to be attractive, particularly for those seeking long-term appreciation.
For Buyers:
- Secure Pre-Approval: Get pre-approved for a mortgage to demonstrate your financial readiness.
- Work with a Local expert: Partner with a Pleasanton realtor who specializes in luxury properties.
- Be Prepared to Act Quickly: The market is competitive,so be prepared to make a strong offer promptly.
- Consider Your Lifestyle Needs: Prioritize features that are critically importent to your lifestyle, such as schools, commute times, and amenities.
For Sellers:
- Professional Staging: Invest in professional staging to showcase your home’s potential.
- High-Quality Marketing: Utilize professional photography and videography to create compelling marketing materials.
- Strategic Pricing: Work with your realtor to determine a competitive listing price based on recent comparable sales.
- Be Flexible with Showings: Make your home readily available for showings to maximize exposure.
Resources for Further Research
[Link to Pleasanton Chamber of Commerce website]
[Link to local real estate brokerage website]
* [Link to a relevant real estate market report]
