Home overlooking Lake Folsom near Sacramento could hit record sales

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What’s the best feature of a newly listed mansion that could soon be the most expensive single-family residence ever sold in El Dorado Hills?

Perhaps the scenic view of Lake Folsom.

“Obviously the lake view is going to be the most spectacular thing about this house,” said Nicole Alexander of Prime Real Estate, which holds the $4.499 million listing. “I can’t say enough about the views. At one point when you’re in the house and in the entryway, if you look to your left through the kitchen, there’s a bunch of windows, and the water is so vast from that vantage point that you almost feel like looking into an ocean.

Other fabulous features include:

Circular themed architecture: “When my clients were building the house…they wanted the water movement and everything to be encapsulated in this beautiful house, so there’s a lot of circular (architecture),” Alexander said.

Stunning Indoor Pool: “This is an amazing feature for year-round swimming. There is also an inground spa as well as the sauna.”

Glass tube elevator that is the main focal point as you enter the home: The pneumatic elevator uses vacuum technology to power it between floors. “The elevator is also circular. It is a Nuvoton aerial lift. You don’t find many. We’ve listed homes with elevators that still look like a standard closet door. But it’s all glass (and) takes you up to another wonderful feature of the house, which is the roof terrace.

Rooftop entertainment terrace with stunning views: “On the 4th of July, you can see fireworks from all directions.”

Home theater with 12ft movie screen and entertainment stage.

At 61 Guadalupe Drivethe highlights don’t stop there.

“This property has a location that is the envy of many locals,” said Sacramento appraiser and real estate market analyst Ryan Lundquist. “Morning waffles and coffee would just taste better with an amazing view of Lake Folsom. The indoor pool is also not something we see every day, although there are a handful of homes with features like this.

If the home closes at nearly $4.5 million, it would be EDH’s most expensive sale ever, beating a $4.3 million deal in March 2021 for a 9,560-square-foot home on Greenview Drive. known as Balancia.

The seller, a retired financial advisor from Sacramento, custom-built the home in 2016 after buying the land in 2011. Spanning just over 6,000 square feet on a one-acre lot, the home in white hues has five bedrooms, seven bathrooms and high ceilings. .

The indoor pool, which overlooks the lake, adds an additional 1,700 square feet to the footprint. The lower panels of the pool bay windows retract to bring a bit of the outdoors inside. Fountains and waterfalls cascade into the pool. A balcony off the master bedroom overlooks the pool.

The land backs onto Bureau of Land Management protected property leading to the lake, a two minute walk from the house.

The three floors of the house can be traversed by a wide spiral staircase, another example of the theme of circular movement. Besides the aerial lift, an external spiral staircase leads to the roof terrace, the fourth level.

Furniture in the house can be negotiated into the sale price, including a small white grand piano that was played by pianist and composer Jarrod Radnich, according to Alexander.

A spacious master bedroom has its own fireplace and beautiful water views. A luxurious soaking tub in the master bathroom also offers a view of the lake.

The house has been on the market for just over two weeks. Alexander said she expects a strong offer within days.

There have been six sales over $4 million in the six-county Sacramento area so far in 2022, according to MLS. Lundquist said three properties listed at more than $4 million are on hold.

“Last year, at this time from January to July, there were only three sales over $4 million,” he said. “Sales at this price point are rare, but over the past two years we have seen higher prices. In short, the $4 million threshold has started to feel more common in the region.

In recent months, a Loomis home and a Shingle Springs property have brought in $7 million each, tying the record for the highest sale ever in the Sacramento area, according to Lundquist.

This story was originally published July 22, 2022 5:00 a.m.

David Caraccio is a video producer for The Sacramento Bee who was born and raised in Sacramento. He is a graduate of San Diego State University and a lifelong journalist who has worked for newspapers as a reporter, editor, page designer, and digital content producer.

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