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60 Panoramic Way, Berkeley, California 94704, Berkeley, 94704 - 5 bed, 5 bath

60 Panoramic Way, Berkeley, California 94704 home-pic-0
ACTIVE$2,495,000
60 Panoramic Way, Berkeley, California 94704
5Beds
5Baths
3,022Sqft
9,752Lot

Price Vs. Estimate

The estimated value ($2,495,000) is $0 (0%) lower than the list price ($2,495,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Significance & Mills Act: The property is a historic Craftsman masterpiece, part of the esteemed Panoramic Hill National Register Historic District, and benefits from a Mills Act designation, offering potential property tax savings.
Top Cons:
Age of Property & Ongoing Maintenance: Built in 1906, while updated, historic homes often require specialized and potentially higher ongoing maintenance costs for their unique materials and systems.

Compared to the nearby listings

Price:$2.50M vs avg $1.16M (+$1,332,500)90%
Size:3,022 sqft vs avg 2,000 sqft80%
Price/sqft:$826 vs avg $61170%

More Insights

Built in 1906 (119 years old).
Condition: Despite being built in 1906, this historic Craftsman home has undergone a meticulous and extensive renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinetry, high-end stainless steel appliances (including a professional-style range), white quartz countertops, and recessed lighting, all appearing virtually new. The bathrooms are equally updated with contemporary vanities, modern fixtures, subway tiling, and glass shower enclosures. Throughout the home, hardwood floors are in excellent condition, and the blend of preserved original architectural details with modern comforts is seamless. The property is move-in ready with no immediate updates required, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1906
Close
-
List price
$2.5M
Original List price
$2.75M
Price/Sqft
$826
HOA
-
Days on market
-
Sold On
-
MLS number
41110663
Home ConditionExcellent
Features
Excellent View: Bay, Bridge(s), City Lights, Panoramic
Deck
Patio
ViewBay,Bridge(s),City Lights,Panoramic

About this home

Discover the timeless allure of the William J. Moore House. This historic Craftsman masterpiece, crafted by Henry Rowe, is part of the esteemed Panoramic Hill National Register Historic District and has the Mills Act designation. This home exudes elegance with its natural brown wood shingles, clinker-brick chimneys, and distinctive front gable roof. A notable front volcanic rhyolite wall contributed to its historic status. Inside are many period details. The spacious living room entered via retractable French doors boasts a massive fireplace, a Steuben-style ceiling fixture and stunning San Francisco Bay views. The formal dining room and updated kitchen with access to outdoor spaces. The second floor features a large luxurious primary suite with panoramic bay views, two additional bedrooms, two updated baths, a lovely sunroom and back yard access. Ascend to the finished attic for a cozy den, extra bedroom/bath and the finished non-conforming lower level has a private entrance, kitchenette, sleeping space/office, bath and storage. Meticulously updated for modern living, this home blends historic charm with contemporary comforts. Welcome to elegance, views and history. Views: Downtown

Nearby schools

7/10
Emerson Elementary School
Public,•K-5•0.5mi
6/10
John Muir Elementary School
Public,•K-5•0.8mi
6/10
Leconte Elementary School
Public,•K-5•1.1mi
7/10
Kaiser Elementary School
Public,•K-5•1.4mi
6/10
Malcolm X Elementary School
Public,•K-5•1.8mi
8/10
Willard Middle School
Public,•6-8•0.8mi
6/10
Claremont Middle School
Public,•6-8•1.6mi
8/10
Berkeley High School
Public,•9-12•1.3mi
2/10
Oakland International High School
Public,•9-12•2.5mi
7/10
Oakland Technical High School
Public,•9-12•2.5mi
2/10
Fremont High
Public,•9-12•6.8mi
Condition Rating
Excellent
Despite being built in 1906, this historic Craftsman home has undergone a meticulous and extensive renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinetry, high-end stainless steel appliances (including a professional-style range), white quartz countertops, and recessed lighting, all appearing virtually new. The bathrooms are equally updated with contemporary vanities, modern fixtures, subway tiling, and glass shower enclosures. Throughout the home, hardwood floors are in excellent condition, and the blend of preserved original architectural details with modern comforts is seamless. The property is move-in ready with no immediate updates required, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Historic Significance & Mills Act: The property is a historic Craftsman masterpiece, part of the esteemed Panoramic Hill National Register Historic District, and benefits from a Mills Act designation, offering potential property tax savings.
Panoramic Bay Views: Offers stunning San Francisco Bay, Downtown, Bridge(s), and City Lights views, enhancing desirability and value, particularly from the primary suite and living room.
Architectural Integrity & Period Details: Exudes timeless elegance with original Craftsman features, natural brown wood shingles, clinker-brick chimneys, a distinctive front gable roof, and a notable volcanic rhyolite wall, preserving its historic charm.
Flexible Living Spaces: Includes a finished attic with a den/extra bedroom/bath and a finished non-conforming lower level with a private entrance, kitchenette, sleeping space/office, and bath, offering versatile living arrangements or potential rental income.
Modern Updates & Comforts: Meticulously updated for modern living, featuring an updated kitchen and two updated baths, seamlessly blending historic charm with contemporary functionality.

Cons

Age of Property & Ongoing Maintenance: Built in 1906, while updated, historic homes often require specialized and potentially higher ongoing maintenance costs for their unique materials and systems.
Non-Conforming Lower Level: The finished lower level is described as 'non-conforming,' which may imply it does not meet current building codes for legal living space, potentially affecting appraisal, financing, or requiring future investment to legalize.
Price Reduction History: The property has undergone a significant price reduction from $2.75M to $2.495M, which could indicate initial overpricing or market resistance, potentially impacting buyer perception of value.

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