While there are many great
real estate agents our there, part of the pursuit of excellence that earned us
the Best Real Estate Agent award is an authentic knowledge and love of the
communities we serve. And there is no better example than our respect and admiration
for the community of Granite Bay, one of the most prestigious, desirable, and breathtakingly
scenic places to live in all of California. We sell a whole lot of houses in Granite Bay and represent plenty of buyers who want to live there, but most importantly, we fully believe in that community and its residents.
Here is some basic
information about our beloved Granite Bay:
Profile:
Granite Bay isn’t actually a
city, but a census-designated place (CDP) in Placer County, California. With a
total area of 21.6 square miles, it lies in the foothills only 25 miles from
the Sacramento capital.
As of 2014, 22,204 residents
call Granite Bay home, a rise of 13.67% since the 2000 census.
Granite Bay enjoys a
reputation as one of the nicest communities to live in both California and the
United States. In fact, it just ranked highly for:
Ranked #6 Best Cities for Teleworking
- Large Metro Areas
Ranked #7 Healthiest Cities
Ranked #7 Best-Rested Cities
2011
Ranked #8 Least Stressful Cities
2012
History:
The community where Granite
Bay now rests was first formed in the 1850s as a Gold Rush settlement, like
many in the area. In fact, it was first known as “Granite Bar,” a mining and
panning community just south of Horeshoe Bar. Roads were developed to connect
the camps, and irrigation provided by the North Fork Ditch allowed workers to
settle down in the area and start planting almond and olive orchards. By the
1950s, two large cattle ranches encompassed Granite Bay, enjoying its green pastoral
hills and abundant water. Building of subdivisions like Granite Bay Vista
started in the 1960s, but the area didn’t get its official name until July 28,
1987.
Granite Bay derives its name
from both the area of water in adjoining Folsom Lake and its unique geological
origins. In fact, the entire area sits on a foundation of granodiorite from the
Cretaceous age. Fossils from ocean sediment dating back 80 million years have
been discovered in Granite Bay, often during construction.
Affluence:
Granite Bay is one of the
mist affluent communities in Sacramento and Northern California. The average
household income is $160,578 and the median is $123,631, well above the U.S.
household median of $51,393. The economy of Granite Bay is always thriving,
providing a strong tax base for community improvements. The medical industry is
the leading employer in the area, accounting for 2.3% of all jobs, with plenty
of careers in finance, computer tech, and tech manufacturing.
However, living in Granite
Bay comes with a high price tag, as it’s been named one of the 25 American
cities in the nation with the highest cost of living, a whopping 97.9% higher
than the U.S. average.
Real Estate and home ownership:
Granite Bay real estate is
highly desirable, so homes sell
quickly with stiff competition. The median home cost in Granite Bay is now $653,900.
That’s still down from the high point when home values were well into the $700s
during the boom. But the market has rebounded nicely, with 24.3% appreciation
over the last year.
There are 7,694 households
in Granite Bay, with 89.8% owned by the occupants, 12.1% rentals, and 4.1%
vacant.
Granite Bay is a hot bed for
luxury real estate and million dollar homes, with approximately 25% of all
listings priced over $1,000,000 at any given time, and 1% over the $2,000,000
mark.
Education:
Granite Bay is one of the
state’s highest performing districts for standardized test scores, with only
one public high school, Granite Bay High. Residents of the community are
extremely well educated on a whole, with 96.8% of all residents over 25 years
old having earned their high school diploma or higher, 54.2 earning Bachelor’s
degrees or more, and an impressive 23.5% achieving a graduate or doctoral
degree.
Things to do and see:
There’s no shortage of
recreational activities in Granite Bay. Quarry Ponds, Otow Orchards, Rickey
Ranch Pumpkin Patch, local farmer’s markets, fun runs and races, and swimming
or hiking at Folsom Lake provide weekend entertainment for the whole family. American
River recreation will set you up for a day of rafting or kayaking, and golf
enthusiasts can swing away to their heart’s content at the Sierra View Country
Club or Granite Bay Golf Club.
Chez Daniel, Back Wine Bar
and Bistro, Hawks, Vaiano Trattoria, Source, and Bernardos are just a few of
the amazing fine dining establishments in Granite Bay.
Notable and famous Granite Bay residents:
Eddie Murphy – Actor and
comedian
John Travolta and wife Kelly
Preston - Actors.
Tobin Esperance - Bassist of
band Papa Roach
Jeff Keith - Singer of band
Tesla
Chris Webber - Retired
Sacramento Kings power forward and center
Jason Williams - Orlando
Magic, former Sacramento Kings point guard
Shareef Abdur-Rahim -
retired National Basketball Association (NBA) player and current Assistant GM
for the Sacramento Kings
Rick Adelman - former
Sacramento Kings head coach
Dusty Baker - Cincinnati
Reds Manager, former San Francisco Giants and Chicago Cubs manager and MLB
player
Steve Cook - Former
professional ten-pin bowler and member of the PBA Hall of Fame
Maureen Reagan - Daughter of
Former President Ronald Reagan lived in Granite Bay until her passing
Summer Sanders - Multiple
gold medalist in swimming at the 1992 Summer Olympics, TV Sports commentator
and personality
Steve Sax - Retired MLB
baseball player (primarily second baseman for the Los Angeles Dodgers, New York
Yankees, Chicago White Sox, and Oakland Athletics)
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