Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

By
Real Estate Broker/Owner with Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California) California DRE #01262541
http://actvra.in/hxK

Real Estate Recovery in Loomis, CA - New Construction At Sierra de Montserrat and Terracina Estates

It's been a while since we've seen new construction in the quaint Town of Loomis, but there are currently two luxury homes that are now under construction at Sierra de Montserrat and Terracina Estates. Here is a beautiful custom home being built at Sierra de Montserrat (located in a cul-de-sac with vineyard views):

New custom home construction at Sierra de Montserrat (Loomis, CA 95650)

Here is the Terracina Estates custom home that is currently under construction:

New custom home construction at Terracina Estates (Loomis, CA 95650)

Lots and land sales have been quite steady in Loomis, CA as well as the neighboring community of Granite Bay, CA. Some lots have been purchased to hold for investment and some were bought with the intention of being the future site of the purchaser's dream home. Most land sales have been all cash, as lot loans are not only difficult to find, but they are even tougher to qualify for...just like construction loans. Do these two new construction starts signify builder confidence as well as a real estate recovery for Loomis luxury homes? What do you think?

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BOB & LEILANI SOUZA
Real Estate Investment Specialists
Southwest Placer County, CA

Souza Realty, Bob & Leilani Souza - Real Estate Investment Specialists in Southwest Placer County, CA

Bob Souza - 925.513.3400 - bob@souzarealty.com

Leilani Souza - 916.408.5500 - leilani@souzarealty.com

Souza Realty - Real Estate in Roseville, Rocklin, Lincoln, Loomis and Granite Bay, CA

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Topic:
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Location:
California Placer County Loomis Terracina Estates
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Tags:
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Comments 26 New Comment

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Rainmaker
474,464
Cindy Westfall
ABR,GRI Your Tualatin & Portland Metro Real Estate
Premiere Property Group,LLC Portland Metro & Suburbs Oregon

Hi Leilani, it's always nice to see new construction. Those are some really lovely looking homes.!

August 29, 2011 11:07 PM
Rainmaker
1,370,825
Joan Cox
Denver Real Estate - Selling One Home at a Time
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373

Leilani, what a beautiful mini-mansion being built!    It does sound like real estate RECOVERY!

August 30, 2011 09:02 AM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Thanks, Tom! :)

Leilani

August 30, 2011 09:56 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Anita, I would agree that two homes are a small sample, generally speaking...but Loomis is such a small town that two new custom homes being built is a "bigger deal" compared to most towns. :)

Leilani

August 30, 2011 09:59 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Myrl, I can just imagine what Loomis was like 15 years ago, just taking into consideration that all homes built prior to 1996 didn't exist. Wow! :)

Leilani

August 30, 2011 10:01 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Yes, perhaps you're right, Malcolm! Looks like good things are coming for Loomis. :)

Leilani

August 30, 2011 10:02 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Amy, these do look like beautiful homes...I'm looking forward to seeing how they turn out at completion! :)

Leilani

August 30, 2011 10:04 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

You're right, Kathy...although it's nice to see a gradual rise in the market instead of a tidal wave like we've seen before. :)

Leilani

August 30, 2011 10:05 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Cindy, I agree...with both of the things you mentioned! :)

Leilani

August 30, 2011 10:07 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Joan, it is nice to see a recovery in the luxury home market for new construction in Loomis...it's about time! :)

Leilani

August 30, 2011 10:08 PM
Rainmaker
577,478
DeeDee Riley
Realtor - El Dorado Hills & the Surrounding Areas
Lyon Real Estate - El Dorado Hills CA

They look amazing, Leilani!  It is nice to see new construction starting to pick up and that's a great area to invest!

August 31, 2011 12:20 AM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

It is nice to see new construction again, DeeDee...and Loomis is a great place to live! :)

Leilani

August 31, 2011 02:06 PM
Ambassador
1,722,251
Barbara-Jo Roberts Berberi & Corinna Birgit Cromartie
Palm Harbor & Dunedin FL Residential Real Estate
Charles Rutenberg Realty

Leilani - It is always a good sign to see new construction taking place and from those photos, pretty impressive!

September 01, 2011 08:22 AM
Rainmaker
347,381
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana

Hi Leilani-two beautiful homes!  If you had to guess what price range would these be in?

September 01, 2011 09:21 AM
Rainmaker
675,727
Mary Yonkers
Erie/PA Real Estate Instructor
Alan Kells 1-814-881-7548

Leilani--It is great to relay good news especially in the new construction market.  I hope to see the final product when these homes are completed.

BTY  Thanks for visiting my site even though I have been MIA most of the summer.  LOL  Mary

September 01, 2011 08:58 PM
Rainmaker
413,559
Mike Young
FHA 203k Consultant 707-812-7668
203kOnLine.com, covering California & most other states

I'd love to see the floor plan on that one pictured. M

September 04, 2011 01:55 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

These homes are pretty impressive, Barbara-Jo...can't wait to see them both completed! :)

Leilani

September 04, 2011 09:32 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Bruce, without knowing the "exact" square footage, both of these homes would still be in the mid $1M price range. That's being conservative. :)

Leilani

September 04, 2011 09:33 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

You're welcome, Mary! It's good to see you're still visiting and commenting, even if you haven't blogged lately. :)

Leilani

September 04, 2011 09:34 PM
Rainmaker
941,782
Bob & Leilani Souza
Placer County, CA: Foreclosures, Auctions, Rentals
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California)

Mike, I'd love to see floorplans on both of these homes! :)

Leilani

September 04, 2011 09:35 PM
Show All Comments
Rainmaker
941,782

Bob & Leilani Souza

Placer County, CA: Foreclosures, Auctions, Rentals
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