We have heard that the real estate market is heating up again. Even so, we were a bit surprised to see that a house on the 700 block of Martel just went on sale with a listing price of $2,699,000.
Of course, it is a new house – and a very big and nice-looking house at that. It’s at 720 N. Martel Avenue, just north of Melrose Avenue (up from where The Village Idiot is located). The realtor describes the house this way:
Amazing architectural, brand new construction home. This modern property boasts 4,600 sq ft of living space on an oversized 8,200 sq ft lot. It features 4 bedrooms, 5 designer bathrooms, a formal living room, expansive public spaces, multiple terraces and balconies, and a rooftop deck providing city and mountain views. Open floor plan seamlessly combines the gourmet kitchen with the oversized family room. The backyard is an entertainer’s dream, featuring pool, spa, fire-pit, full privacy and meticulous landscaping. This home also features Lutron smart systems which integrate lights, climate, and home audio. Located on a tree-lined street, just steps away from trendy Melrose.
For those of us who own homes in the neighborhood, all we can say is: We hope you get your price.