The Santa Clara community of Rivermark might be considered the jewel of the Santa Clara real estate market. Where else in Santa Clara's Silicon Valley can you find so many amenities for home buyers? Rivermark offers among other things, a central, self-contained community in Santa Clara of newer single family homes and townhomes intermixed with urban amenities like shopping centers, major restaurants, retailers, service providers, schools, parks, walkways, paths and bike trails. All within a stone's throw of major Santa Clara commute routes on highways 101 and 880.
You can see many of these amenities in a video we put together for a listing we sold recently on Billings Circle. Despite a much cooler Rivermark real estate market we sold 4467 Billings Circle in 23 days using a conservative pricing strategy and aggressive marketing campaign.
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Rivermark of Santa Clara was a master planned community of the City of Santa Clara built on 152 acres of state land that was once the home of the Agnew's hospital complex. Rivermark is located in Santa Clara between Montague Expressway, Lafayette Street, Hope Drive and the Guadalupe River.
One of the most appealing features to Rivermark is its newness. Rivermark represents a fresh and timely approach to community development with new homes, shopping centers, public buildings and business parks. Unlike most homes in Santa Clara country, many of which were built post WWII, construction began along the Guadalupe River in Rivermark in 2002. Since then major builders like Centex, Shea Homes, Lennar, Greystone and others have built a variety of real estate projects appealing to homebuyers of all ages and in all price ranges from upper end, single family detached luxury homes to basic, first time buyer townhomes and condominiums.
All of these amenities combined with relaxed market conditions make Rivermark a good value for the savvy buyer. Consider the Rivermark listing I mentioned at 4467 Billings Circle, gem of a home with one of the largest backyards in the development and a great family friendly floor plan.
During the frenzy of the Silicon Valley dot com boom buyers were outbidding each other for an opportunity to live in Rivermark. Despite stormy real estate market news, well-located, properly priced and marketed Silicon Valley real estate is a good investment.
Although some of the homes in Rivermark are similar in style and size, 4467 Billings Circle was priced at $1,099,000 taking into consideration the additional value of location and lot size in comparison to another home with the same floor plan on a smaller lot and less desirable location which had languished on the market for months priced at $1,010,000.
Today's home buyer is tech savvy and looking online for homes so in addition to the usual open houses, MLS and agent tour, 4467 Billings Circle had a starring role in it's own video debuting on many popular social media sites including YouTube.