Yvonne Arias’ in-depth knowledge of the city’s rental market, property management, marketing and interior design has made her a valued resource as a consultant for real estate developers and investors.
The five-bedroom, approximately 5,500-square-foot home was envisioned as an elegant beachfront haven for holidays and family gatherings by the northern California couple who commissioned it in the 2000s.
Artemesia is one of the largest Craftsman residences in the U.S., and has been lovingly restored during the past 25 years by former advertising and marketing executive Lenny Fenton—complete with surprising touches, such as the second-largest residential pipe organ in the country, six massive Batchelder tile fireplaces, and an upstairs sleeping porch with five Murphy beds—and now is available to purchase. “You will never find another property like Artemesia,” says Sally Forster Jones of John Aaroe Group, who is listing the property (along with an adjacent buildable parcel) for $11.75 million.
According to CoreLogic’s recently released Home Price Index (HPI), home prices are up both year-over-year and month-over-month. Nationwide, home prices increased year-over-year by 7% in February 2017 compared with February 2016 and increase month-over-month by 1% in February 2017 compared to January 2017.
Breathing in the sea air from the rooftop deck of ROC Ventures’ latest uber-luxe beach home at 2824 Hermosa Avenue fills one’s spirit. Shining brightly from a quiet stretch of Hermosa Avenue, this graceful Coastal Modern personifies the soulful resort home, pairing its flowing floor plan with refined finishes and components that set the stage for luxurious living just steps from the sand.
