Joan Sather Real Estate

One of the oldest homes currently listed for sale in Pacific Palisades is an adorable Cape Cod complete with a picket fence in the 600 block of Via de la Paz. Built in 1939, the house has three bedrooms, two baths, a formal dining room, an eat-in kitchen and a nice large living room.

The current list price: $1,195,000. I represented the then-owners in 1997 and we sold it for $620,000! Not at all a bad investment of six years. Some quick math will conclude a gain of at least $250,000 after loan costs and other expenses. This is even more impressive when the original 20 percent - $124,000 - is factored as the only money “put up” to do this. And in this analysis, the owner has lived rent-free in the Palisades.

Speaking of rent, if you had paid an average of $3,000 per month over a six-year period for an equivalent Palisades home, your out-of -pocket total would be $216,000. But as an owner, you would put the aforementioned $250,000 in your pocket. And some people, after six years, would take out a home equity loan and use it to purchase another home. It’s a win-win!

Joan Sather has represented sellers and buyers for the past 17 years. She can be reached at 310-573-7466.

Link: http://www.joansather.com

There was a time when homeowners, after owning their property for 25 to 30 years, looked forward to FINALLY having their mortgage paid off. "Free and clear" was the goal. Some people even celebrated by burning the deed to their home. Now, things are different.

(2008 Comment)This article was written in 2004 and offers some great advice. If more people had listened we wouldn't be in today's mortgage meltdown.

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Link: http://www.joansather.com

16856 CALLE DE SARAH
Glorious home with smashing ocean views, lovely pool, spa and fountains in gated Pacific Palisades community. Exquisite details for gracious living and stylish comfort. Fab floor plan for family and entertaining.

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Link: http://joansather.com

18103 KINGSPORT ROAD
This two story Cape Cod home has 4 bedroom(s), 2.50 bath(s). Rooms include a family room, breakfast area. Other features include hardwood floors. This home has a garage. MLS#: 03-01652. Click here for more Pacific Palisades Real Estate Listings

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Link: http://www.joansather.com

736 EL MEDIO AVENUE
3 Bedroom Main house plus 2 story guest house full of Mediterranean Charm with that hard-to-find grace and style. Dynamite new upstairs 2nd bath. Gorgeous detailing with architectural touchs. Wonderful gourmet kitchen overloooking private grassy front yard.

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Link: http://www.joansather.com

14852 SUNSET BLVD
Stately two-Story presence at edge of Hungtington Palisades. Surrounded by more expensive homes. Just blocks from the charm of the village. You can choose from an array of boutiques, cafes, yoga or pilates studios.

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Link: http://www.joansather.com

14949 CORONA DEL MAR
Huntington Palisades. Great curb appeal. Easy living floorplan, charming details, lots of light. Front circular driveway and gated entry. Most elegant street has many more pricey homes around you.

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Link: http://www.joansather.com

14900 SUNSET BLVD
So much convennience and comfort in this edge of Huntington, Palisades location. Two blocks from village, cafes, boutiques, park, schools and library. Easy living with eat-in kitchen, family room, spa in back patio. 3 bedroom 1.5 bath. Third bedroom could be den. Single level.