Market Comparison: What $3 Million Buys In Three Affluent U.S. Suburbs - Sun and Planets Spirituality AYINRIN
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More
space, less cost and quieter living—the benefits of buying a property
in the suburbs are many. Where cities provide easy access to clusters of
restaurants, shopping and nightlife, the suburban lifestyle places a
premium on the comforts of home.
As
such, luxury residences outside of major cities offer much in the way
of amenities, like gardens, nine-car garages and uninterrupted views.
Normally occupied by the most expensive listings in cities, homes with
such grand scales, wealth of luxuries and utmost privacy can be
purchased in the suburbs for $3 million or less.
Despite
these shared benefits, not all suburbs are quite the same. Like the
urban centers they surround, each suburb features a unique character
displayed in architecture, public spaces and community lifestyle.
Take
a short ride outside of the city and check out these exceptional $3
million homes in distinct suburban markets across the United States.
Lake Oswego, Oregon ($3.25 Million)
Once
the site of an Oregon Iron & Steel Company iron ore quarry, this
nearly 1-acre property off the shores of Lake Oswego is dotted with
moss-covered rock formations and sunken gardens, making for a
storybook-like setting befitting the home it surrounds. Designed by
Richard Sundeleaf, the 1936 residence was inspired by an English
farmhouse. Cross-gabled roofs, steep gables and half-timbering showcase
this Tudor influence. Inside, many updates and renovations have been
thoughtfully integrated into the four-bedroom home without sacrificing
its original character.
Modern
amenities combine with a classic aesthetic throughout the home, notably
in the kitchen with its 1940s black and white tiles covering heated
floors, Wolf and Miele appliances and black-lacquered cabinetry with
Norton hardware. In the primary suite, the bathroom features a 1940s
athletic club aesthetic, with marble finishes, a heated-tile floor and
oversized walk-in shower.
Premier listings such as 1032 Westward Ho Road, held by Terry Sprague of LUXE, are one of the reasons why Lake Oswego home prices are more expensive than in the city proper. Home values in Lake Oswego have been on a steady climb over the past five years, growing by 44.6% and landing at $883,965 as of January.
Clifton, Virginia ($3 Million)
In
contrast to many parts of Northern Virginia near Washington, D.C., the
landscape surrounding Clifton remains largely undeveloped thanks to an
ordinance enacted in the 1980s to protect the environment near Bull Run,
the Occoquan River and Occoquan Reservoir. As a result, only one
building could be constructed on 5-acre parcels, leading to the
development of sprawling estates like this 10,200-square-foot home at 7502 Amkin Court.
From
a bird's-eye view, the French Colonial-inspired estate is nearly
engulfed by the dense forestry that surrounds it. Inside, reclaimed wood
beams add a rustic touch to an interior otherwise defined by its
grandeur. Notable spaces include the eye-catching kitchen, which
features a massive stone island, and a lower-level entertainment space
with six-seat bar. The primary suite bathroom was inspired by a Tahiti
spa.
Priced at $3 million, the listing, held by Jason Fiallo of Long & Foster Real Estate, sits well above the Zillow Home Value Index of $923,000.
Bernards Township, New Jersey ($2.99 Million)
Located some 35 miles from New York City, Bernards Township is considered a bedroom community.
The designation is apt considering the New Jersey township's relative
lack of commercial activity, meaning many travel to New York for work
and play. This freedom from the presence of big businesses and towering
office buildings is exactly what attracts people to Bernard, which
provides a bucolic backdrop for the countryside estates within it. One
such property at 57 Overlook Avenue,
set along a cul-de-sac north of the Passaic River, embodies the
combination of privacy and a scenic setting that the area is known for.
At
the heart of the nearly 3-acre property is a stately seven-bedroom
manor that is surrounded by manicured, level lawns and thickets of
trees. Dormer windows, a portico and a stone facade lend to the home’s
Colonial character. Covering just under 9,000 square feet, the interior
follows suit with traditional touches like columns, hardwood floors and
ornate moldings and millwork throughout. The maple-paneled, two-story
library complete with an office loft is another feature of note.
Bernards
Township is part of New Jersey’s Somerset County, where roughly 65% of
home sales close for over the list price, according to Zillow. The listing is held by Theresa Beneventine and Susan Miller of Turpin Realtors.
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