Ode to the 70’s
This might have gotten snapped up back in the heyday when spec builders were more active because of the lot size. But today four acres just looks like a lot of work, and a retro remodel would cost a bundle:
This might have gotten snapped up back in the heyday when spec builders were more active because of the lot size. But today four acres just looks like a lot of work, and a retro remodel would cost a bundle:
Short sales should be sold just like the rest.
Put an attractive price on it, conduct open-house so every buyer has a chance to not only see the property but the other potential bidders too, and then take all offers:
We tried everything possible to sell this for enough to cover the notes, but other agents giving away properties around us prevented us from doing any better. There have been two BPOs completed that were in this range, and the bank couldn’t wait any longer – so this is being offered as a short sale:
Another view from flipperville, plus a prognostication at the end about the baby-boomer generation:
This is a sleeper. It’s low maintenance for a Covenant property, it is right in the village, and it doesn’t need anything but a dishwasher and BBQ. The street name scares people off, but the noise level is less than expected:
Why the higher-end market is a little sluggish compared to the rest? It’s because $2,000,000 still doesn’t buy you much in the tonier parts of town:
This is so cheap for Rancho that you know they will get a load of offers.
Want to take a guess at the final sales price?
Second-row field level Padres’ tickets for the closest guess!
http://www.redfin.com/CA/Rancho-Santa-Fe/5340-Linea-Del-Cielo-92067/home/4189821
Doesn’t there have to be a bargain or two in Rancho Santa Fe?
Currently there are only 9 NODs and 10 NOTs on file. But it only takes one!
Let’s start off the new year with a new JtR listing – more country living!
Live in the rural hills between Rancho Santa Fe and San Marcos, yet be close to town – and send your K-8 kids to highly-regarded R. Roger Rowe School (link) and then to Torrey Pines HS!
Officially this is a 3 br/2 ba, 1,660 sf residence with a 4,000 sf recording studio/warehouse on two legal parcels that total 15.81 acres. The horse facilities include a good-sized riding ring, turn-out pastures and stall arenas. Plus you can build two custom dream homes with views!
All for just $1,299,000:
The listing agent said that the list price was an arbitrary number, and just a place to start.
Well then, wouldn’t an open-auction format be in order to determine the winner? It is the best format to ensure top dollar.