October sales for Alameda

19 homes closed escrow in Alameda during the month of October.

Wow 30 year mortgage below 4%

The average rate on a 30-year fixed mortgage has fallen below 4 percent for the first time in history.
On Thursday, Freddie Mac said the rate on the 30-year fixed mortgage fell to 3.94 percent from 4.01 percent last week, the previous low. The average rate on a 15-year fixed loan, a popular refinancing option, dipped to 3.26 percent, also a record.

1235 Hawthorne St. Gold Coast Lagoon Home

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1235 Hawthorne St. is a stunning example of Mid Century Modern design located overlooking the lagoon in Alameda’s Gold Coast neighborhood. Every aspect of this home has been upgraded and remodeled with meticulous attention to detail. From the stainless steel gates to the inset glass blocks in the walls surrounding the artful design of the pavers. Large and small palms complete the landscaping giving a lush feel to the exterior. When you enter the home you are greeted with a decorative marble floor design that leads into the superb kitchen featuring a “Wolf” Range and granite counters. Large open living spaces on the main floor offer panoramic views of the lagoon through the dual paned “Pella” windows. Elegant custom made Birds-eye maple cabinets and wood trim are located throughout the home. Radiant heat underneath all of the marble and travertine floors will keep you warm no matter what the weather is outside. Step out onto the glass enclosed gazebo for entertaining or relaxing with just a few short steps to your own private dock. The master bedroom also features magnificent views of the lagoon and its own fireplace. The master bath is complete with steam room shower and large Jaccuzi tub. All the plumbing and electrical have been upgraded to modern standards. This home represents a unique and uncommon treasure located in one of Alameda’s best neighborhoods.