March 31, 2009

$1.25 million 2 bedroom, 2.5 bathroom townhouse

1 POPPY Ln, San Carlos, CA 94070 | MLS# 80911914
1 POPPY Ln San Carlos, CA 94070
Price: $1,250,000

1707534324-1poppy
Beds: 2
Baths: 2.5
Sq. Ft.: 1,800
$/Sq. Ft.: $694
Lot Size: 2,100 Sq. Ft.
Property Type: Townhouse
Style: Mediterranean
Year Built: 1986
Stories: 1-3 (Low Rise)
View: Bay, Green Belt, Canyon, Neighborhood
Neighborhood: Beverly Terrace
County: San Mateo
MLS#: 80911914
Source: MLSListings
Status: Active
On Redfin: 7 days
TURN-KEY. ONE OF A KIND! SOUTH WEST/SANTA FE TWNHSE – CORNER UNIT, VERY PRIVATE, COURTYARD ENTRANCE. EXQUISITE MST. STE W/ FRPL AND FLAT SCREEN TV, BATHRM/W JACUZZI TUB HEATED FLR. 2ND MST STE W/ DECK VIEWS, BLT-IN DESK BONUS RM- CHEF’S KIT. HEATED BRKFST COUNTER, TV SCREEN IN LR/FR W/ FIREPLACE. SUN DECK. REMOTE CONTROL FOR LIGHTS AND TEMP. DR W/ RECESSED LIGHTS, SOPHISTICATED SOUND SYSTEM.

Wowsers! Thanks to Burbed reader Bill for this find! However, when Bill sent this to me, he felt it was overpriced by $300k-$400k.

Frankly, I’ll have to disagree. First, this house has more bathroom than bedroom. That’s +$50k right there. Then it has a free flat screen TV – that’s another +$50k right there. Remote Control for lights and temperature? Another +$50k. This goes on and on and on… and then BOOM – $1.25 baby!

Come on… this isn’t just a townhouse! It’s a corner unit townhouse!

Congratulations San Carlos – at $694 per square foot, you truly are the city of good living.

Comments (15) -- Posted by: burbed @ 5:23 am

15 Responses to “$1.25 million 2 bedroom, 2.5 bathroom townhouse”

  1. nomadic Says:

    Heated breakfast counter? Heated? Breakfast counter? BAM! $100k!

  2. Herve Says:

    It comes with a maid too (picture #7). BAM! $100K!

  3. sw Says:

    can’t… stop… laughing…

  4. BobbyS Says:

    The view makes it worth it.

  5. BobbyS Says:

    Once the house is sold to the sucker who falls for the bait, I will try to pedal my 50 state quarters collection for $10,000 to the new homeowners.

  6. nomadic Says:

    The owner lives in Atherton. Bought it 8/08 – did she think this was a good flip, did she change her mind about being a landlord, or change her mind about moving in? The possibilities are endless! In any case, the purchase price just 6 months ago was $975k. 28% appreciation!

  7. Scott Says:

    I saw this house last fall before it sold. It was on the market for $1m. It is remodeled TO THE NINES — really fancy expensive materials and finishes. The door to the garage is this hand-carved custom thing that the agent said cost $5,000, and I believe it. The place looks like something out of a movie set, not a real house. However, the theme was very Southwest-design, so if you’re not into native mosaic styling and cactus and beads and that sort of thing, you’re going to hate it, and the decoration is so pervasive it’s all or nothing.

    The problem is, the guest bedroom was unremodeled — the owner/contractor ran out of time or money. So it looks like someone bought it for 975k in August, spent $25k finishing up the guest suite, and is trying to flip it for $250k of instant equity. Go baby!

  8. Herve Says:

    FYI: US home price drops set records in January.

    But the Dow is soaring.

  9. sonarrat Says:

    This is right next to one of the vista points off 280. If, as the listing says, you can see both canyons and the bay, that is a pretty spectacular view.

  10. nomadic Says:

    drat. Once again, we are NOT #1.

    …report released Tuesday shows prices down 2.8 percent from December nationally and 19 percent from a year earlier. While those are record losses, they pale in comparison to the 35 percent annual drop in home values in the Phoenix metro area. Las Vegas was close behind with a drop of 32.5 percent. San Francisco and Miami were next.

    http://www.bizjournals.com/phoenix/stories/2009/03/30/daily19.html

  11. madhaus Says:

    A solution to all our woes: Build More Houses!

    As to today’s property: Are you flippin’ kidding me? Did you notice the HOA fees? $456 a month, ooh baby! And here’s what you get for $456 a month:

    # Landscaping/Gardening Included
    # Pools/Spa/Tennis Included
    # Professional Management Included
    # Reserve Fund Included
    # Roof Included
    # Decks Included
    # Exterior Painting Included
    # Fencing Included
    # Common Area Insurance Coverage Only
    # Earthquake Insurance Coverage

    Reserve fund, my assets. Every HOA I’ve ever heard of skimps on the reserve funds. It’s like it’s a requirement in the CCCs or something.

  12. cardinal2007 Says:

    If it where on the other side of the street you could see downtown SF from there on a clear day. I’ve been to the park just northwest of this place many times, the view is very impressive, I don’t usually take my camera, this is a photo from there:

    http://www.flickr.com/photos/7657222@N08/2609205217/

    It is on the wrong side of the street for me, to see Crystal Spring Reservoir you would have to be on the other side of Crestview Dr. I’m sure the view is nice on that side, you should be able to see downtown RWC, but it is not quite the $1M view, and driving up to Club Dr. seems like a lot of work. But I guess I sometimes hike up near there which is more work. :

  13. cardinal2007 Says:

    BTW the comp in the same complex is a lot cheaper and bigger, though probably not as great views, and not remodeled.

    http://www.redfin.com/CA/San-Carlos/15-Violet-Ln-94070/home/991238

  14. UnrealAlex Says:

    “More bathroom than bedroom” does it come with a 50lb bag of Basmati rice?

  15. Bill Says:

    If I had 1.25m to spend in San Carlos, I might want prefer a 3000 sq foot house to this townhouse.

    http://www.redfin.com/CA/San-Carlos/6-Madrona-St-94070/home/1014359

    WTF is this person thinking with this townhouse. A bigger unit in the same complex is 850k!!! Is a heated breakfast bar worth 400K? WTF is a heated breakfast bar, does it get that cold here in the RBA?


Leave a Reply

Please be nice. No name calling, no personal attacks, no racist stuff, no baiting, etc. Let's be nice to each other in the true Bay Area spirit! (Comments may be edited/removed without notice.)