Strategic Pricing and Negotiations

List Price
LISTED FOR
$1,395,000
SOLD FOR
$2,600,000
SOLD FOR
86%
$1,283
PRICE/SF
12 DAYS ON
MARKET
RECEIVED
11 OFFERS

Stately Vintage Gold Coast Home with Picturesque Backyard Near Franklin School + Park

LISTED AT $1,395,000

Located just four blocks to Franklin School and park in Alameda’s beautiful Gold Coast neighborhood, this stately home was built in 1910 and is filled with preserved vintage features that blend seamlessly with modern updates and conveniences. Situated on a large lot this spacious home offers 3 bedrooms, 1.5 bathrooms, formal living and dining rooms, an eat-in kitchen, mud room, and a lower level bonus space/family room/home office.
Located on a highly desirable street, this exceptional home is characterized by large, elegant rooms, 9-foot coved ceilings and abundant natural light. The pretty vintage front door opens to a lovely foyer that includes a box-beam ceiling, tall wainscoting and a beautiful L-shaped staircase leading to the home’s second floor bedrooms and bathroom. The main level follows an early 20th century floor plan very much in keeping with such a grand home, with a formal living room separated from the spacious dining room with pocket doors, and a large, eat-in kitchen behind the dining room. The handsome living room features a fabulous clinker-brick fireplace, a vintage oak floor that continues through the dining room, and lovely views of the neighborhood through picture windows. The traditional dining room has tall wainscoting, and bay windows, and the expansive kitchen has been thoughtfully remodeled to include ample kitchen cabinets and modern amenities. A mud room behind the kitchen provides easy access to the backyard, while a stairway leads down to a laundry room and large bonus space with a separate storage area. The home’s large bedrooms are sunny and bright, and each room has its own unique characteristics. The primary bedroom includes a vintage oak floor, a new, stylish pendant light fixture, a coved ceiling, a spacious walk-in closet with custom built-in organizers, and the same pretty views shared with the living room below. The adjacent bedroom includes bay windows, and a third well-sized bedroom sits at the end of the hall across from an updated bathroom. One of the many special features of this wonderful home is the large, level backyard with a large redwood deck, and a spectacular, live oak specimen tree with a majestic canopy and a treehouse platform. A detached garage, with fabulous potential to be converted to a home office or a workshop, sits at the end of a long driveway, and has been significantly updated with a new roof, new siding and light fixtures, and beautiful custom-built doors. 1333 Bay St is Alameda at its very best. Located just blocks from Franklin School and park and offering easy access to Crown Beach, Washington Park, Webster St shopping and Farmers Market, this exceptional Gold Coast home awaits a very fortunate new owner.
BEDROOMS

3

BATHROOMS

1.5

APPROX.

2,026

SEE FLOORPLAN

Spacious Home on a Large Lot

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1333 bay 01
One of the many special features of this wonderful home is the large, level backyard with a large redwood deck, and a spectacular, live oak specimen tree with a majestic canopy and a treehouse platform. A detached garage, with fabulous potential to be converted to a home office or a workshop, sits at the end of a long driveway, and has been significantly updated with a new roof, new siding and light fixtures, and beautiful custom-built doors.

By hiring KMG, our clients were able to save time on renovations, save money by self-staging using our recommendations and advice, and ultimately sell their home for a record breaking price!

 

Property

1333 Bay Street | gold coast | 3 Beds | 1.5 Bath | 2,026 SF

 

Type of Sale

On MLS

 

Scenario

Our clients had decided to move out of state to be closer to their family. While they had purchased their home less than 3 years before with another agent, when it came time to sell their home, they chose to work with KMG as they felt KMG would be the best team to get them the highest price for their home. KMG brought in our design and staging team and identified ways to improve their home so that it looked different than when they had just purchased it, but without breaking the bank.

Minor renovations included a kitchen refresh, exterior painting, landscaping and staging. Improvements to the kitchen had the highest impact. While large, the kitchen had an unusual layout, making it feel smaller and not welcoming to the home chef. The KMG design team was able to reconfigure the kitchen layout to create a space that felt much larger and much easier to see the huge potential of the space.

The week before KMG planned to bring this beautiful home to market, the neighbor two doors down listed their home for sale with another brokerage. The neighbor’s home was 2207 SF larger than 1333 Bay Street and was priced at $1,495,000. Given KMG’s exclusive market intel and data, we advised the sellers to push forward with listing the very next week and we adjusted our list price in order to better compete with the neighboring home.

 

Outcome

After only 12 days on the market, KMG received 11 offers on 1333 Bay Street. Through our experienced and strategic negotiations, KMG was able to ratify one of the offers and ultimately sell 1333 Bay for $2,600,000. This was an 86% gain over the listing price! In addition to how high over the list price this home sold, it also sold well above the price it should have sold for based on the comparable sales data, which reflected a sales price closer to$2,200,000. The sale price of 1333 Bay Street also broke the record for the highest price/SF in the Gold Coast since 2011 at $1,283/SF. The neighboring home that KMG was competing with ultimately sold for $2,685,000, but given the SF of this home was 4,233, 1333 Bay Street ultimately achieved a much higher price/SF sale of $1283/SF vs. $634/SF.

 

Client Testimonial
Timing Influences The Outcome
Dream Home For The Right Price
Preemptive Offer
Overpriced Home
Strategic Pricing and Negotiations
Staying The Course
Staging Utilizing Client Furniture
Private Exclusive Sale

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HAPPY CLIENTS

"Kate and her team truly set the standard"

Kate and her team truly set the standard for what flawless and precise execution looks like. They have mapped this down to a science, and each team member is exceptional at their role… In the end, all the effort and advice they provided was spot on. Their deep market knowledge helped us identify the right timing, strategy, and preparation work…. as we sold our home for well above asking and exceeding our very high expectations. This is one of the best companies I have ever interacted with and experienced… the combination of professionalism, performance and service is astounding. They are a truly remarkable team!

– Brent B. | Seller | Gold Coast –

"We cannot recommend Kate and her team enough!"

We were first time sellers who left our empty townhouse in their hands and moved to the East Coast. They did a fantastic job to get it all ready, and kept us in the loop they whole time. We always felt in control and with complete understanding on what was going on. They answered our many many questions and when having to make a decision they always provided different options and a recommendation. Finally, they are incredibly hardworking, they worked non-stop to try to get everything sold and settle before the holidays arrived.We are so grateful for all they did for us!
– Ana C. | Seller | West End –

"We would give Kate McCaffrey and her team 10 stars if we could!"

From start to finish, fixing up our first home and selling it, they made it so easy for us. They kept everything within our budget and had great ideas! Kate and her team brings an amazing plethora of expertise to the table – everything from design and construction professionals to Kate’s extensive real estate knowledge and a great online presence for advertising once we were ready to hit the market. The process was smooth. We were consulted and kept informed every step of the way. We are absolutely recommend Kate McCaffrey!
– Raven H. | Seller | Central Alameda –

"Kate McCaffrey out shines them all"

We have purchased and sold many income properties and single family homes throughout the USA over a period of more than 3 decades. Therefore we have dealt with many real estate agents and/or brokers during the normal course of business. Kate McCaffrey out shines them all. She is surely over the top in providing a professional service in every aspect of a transaction. Our lawyer of over 25 years, who interacted with Kate, is in complete agreement with us regarding her being responsible for our concluding the sale in an efficient, timely manner and at a price beyond our expectations.
– Paul L. | Seller | Fernside –

"Our goal was to hire the best!"

When it came to selling our mother’s most important asset, our goal was to hire the best. And that we did when we signed on with Team McCaffrey (emphasis on “Team”). From start to finish, we received the most professional, knowledgeable and top notch service. Team McCaffrey’s execution of the contracted home improvements, the 100% adherence to the timeline and the exceptional communication between all the stakeholders made home selling a seamless experience. Kate and her group’s market expertise and client base and reach in Alameda proved a perfect fit for the sale of our mom’s home. Zero days on the market, nine day escrow, all cash deal, no contingencies, top of the market. That’s the McCaffrey Magic!
– Irene N. | Seller | Fernside –
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