New Custom Contemporary Home at 19 Arguello Boulevard designed and managed by award winning firm Walker Warner Architects.
This light filled luxury home will be fully entitled to start construction in the Fall of 2016. Estimated time of construction is 14 months and Walker Warner Architects will fully manage the construction process. The timeless modern design is perfect for a family with an open floor plan that takes advantage of contemporary living. The kitchen and family room open directly onto a generous stone terrace that connects to the garden via a sculptural spiral staircase. The lower level media / playroom opens onto the garden which is flooded with afternoon sun. The upper floor features a private master suite with his & her closets and large bath finished with Carrara marble slabs. Three additional bedrooms with 3 baths also occupy this level. The ground floor has a large 2 car garage, Media / Play room with bar area, 5th bedroom and bath, Wine cellar, and Laundry room.
Conditioned living space is approximately 5,335 sq. ft.
Conditioned Space + Garage = approximately 6,200 sq. ft.
This includes: Basement = 1,419
First Floor = 1,905
Second Floor = 2,005
Garage/Mechanical/Trash = 865
Terraces / Outdoor Spaces = approximately 1,200 sq. ft.
This includes: Basement Terrace = 533 (only paved area)
First Floor Terraces / Entry = 581
Second Floor Terrace = 17
Proposed Building + Terrace Total = approximately 7,400 sq. ft.
Lot price: $5,500,000 for fully entitled lot with complete Architectural & Engineering plans *
* Building envelope cannot be altered without approval from Seller. Construction Administration services will be required for Architectural and Engineering and will be billed hourly under a direct contract with the Buyer. (total estimated fees $225K -$250)
2 qualified construction bids (by July 2016) initial estimate $4.3- $4.4M
The asking price for the lot is $5,500,000 (this would be buyers property tax basis plus construction cost) which includes the fully entitled lot and complete Architectural & Engineering plans (required with lot purchase).
Construction Administration services will be required for Architectural and Engineering and will be billed hourly under a direct contract with the Buyer (total estimated fees $225K -$250).
The buyer will need to contract with one of two builders that will have complete bids by mid July. Or they can hire their own builder (if vetted by Walker Warner Architects). Initial budget estimate was $4,300,000-$4,400,000
Total Project cost: $10,050,000