Auction on Sevastopol house shows frenetic state of real estate market
4065 Heather Lane in Sevastopol
What makes it unique:
This sunny three-bedroom, two-bathroom property sits at the end of a quiet country road in an unincorporated area of Sevastopol colloquially known as the “Banana Belt”. The nickname comes from the area’s microclimate, which lends itself particularly well to gardening, said Ann Harris, realtor at Coldwell Banker. She listed the property and herself moved to the Banana Belt in the 1980s. But the microclimate isn’t the only thing drawing dozens of buyers to Sevastopol proper and the unincorporated areas that l ‘surround, like Heather Lane. “(The value of sales) has really jumped this year,” Harris said, adding that these days multiple offers on properties, especially those on the western side of Sevastopol, are normal and most properties sell out. within 10 days. This market dynamic has crystallized over the past year as more and more buyers come to Sevastopol not to buy a second home, but to settle permanently somewhere outside the city. but apparently far from extreme fire hazard. This particular property was a perfect example of the area’s frenetic real estate market: Every hour during the seven days it was shown was booked, Harris said. “I kept hearing the word ‘amazing,'” Harris said. “I must have heard it a billion times.” Harris said buyers loved the array of windows, the home’s open floor plan, backyard and pool.