20 Madrona Avenue, Belvedere
20 Madrona Avenue is a well-positioned single-family residence in Belvedere, offering a combination of scale, privacy, and neighborhood appeal. Homes on Madrona Avenue tend to attract buyers who value setting and long-term livability as much as interior space, making thoughtful positioning especially important.
This transaction required a clear understanding of buyer expectations in a refined, location-driven market.
Property Highlights
Address: 20 Madrona Avenue, Belvedere, CA
Neighborhood: Belvedere
Bedrooms: 4
Bathrooms: 4
Living Area: 3,220 sq ft
Lot Size: 0.23 acres
Sold Price: $3,350,000
Price per Square Foot: $1,040
Close Date: July 7, 2020
Days on Market: 246
Strategy & Market Context
At the time of sale, Belvedere buyers were discerning and value-focused, particularly for homes that required longer marketing periods. Pricing discipline and patience were key, allowing buyers to fully evaluate the property’s location, scale, and long-term potential.
The strategy centered on steady positioning and realistic expectations, rather than reactive adjustments, to ultimately connect with the right buyer.
The Outcome
The home sold for $3,350,000, reflecting market-supported value for a Belvedere property of its size and setting. The transaction closed successfully, reinforcing the importance of consistency and long-term perspective in a nuanced market.
Takeaway
In Belvedere, time on market doesn’t always reflect desirability. Sellers who understand how buyers evaluate location, scale, and value are best positioned to achieve solid outcomes even when transactions take longer to unfold.
If you’re considering buying or selling in Belvedere and want a realistic, data-driven perspective on how the market is behaving, I’m always happy to share what I’m seeing.
