November 13, 2009

This $2 million dollar house in Portola Valley is great for ants!

300 WESTRIDGE Dr, Portola Valley, CA 94028 | MLS# 80940213
300 WESTRIDGE Dr Portola Valley, CA 94028
Price: $2,795,000

300
Beds: 4
Baths: 4
Sq. Ft.: 4,268
$/Sq. Ft.: $655
Lot Size: 2.5 Acres
Property Type: Detached Single Family
Stories: 1
View: Bay, Mountains, City Lights
Community: Central Portola Valley
County: San Mateo
MLS#: 80940213
Source: MLSListings
Status: Active
On Redfin: 66 days
OUTSTANDING PLANS FOR AN INCREDIBLY DESIGNED “CONTEMPORARY FARMHOUSE” BY TIM CHAPPELLE OF SF. 4BD/4BA, 4831 SF SITE & ARCHITECTURAL PLANS APPROVED BY THE TOWN OF PV. PRIME WESTRIDGE 2.5 AC LOT, 1/2 MI UP WESTRIDGE FROM ALPINE RD. SPECTACULAR NORTHEASTERN VIEWS TO BAY & MT DIABLO AND EAST & SOUTH TO MT HAMILTON & SANTA CRUZ MTN RANGES. MINUTES TO LADERA SHOPPING CTR & 280.SEWER AT PROPERTY LINE.

Thanks to Burbed reader herve for this find.

Rather than provide any witty commentary, let’s just go straight to the video:

Classic. Just classic.

Have a good weekend everyone!

Comments (26) -- Posted by: burbed @ 5:06 am

26 Responses to “This $2 million dollar house in Portola Valley is great for ants!”

  1. The Govenator Says:

    SOLD

  2. burbed Says:

    Indeed! Sold!

  3. Herve Estater Says:

    Good comments everyone! :-)

    No wonder it’s sold. You’d think a few million ants would find enough money to buy this place.

  4. anon Says:

    What kind of dumb motherfucker pays 2.8 mil for a model?

  5. DreamT Says:

    anon – but this is a TOP model!

  6. Real Estater Says:

    Yeah, with a plan like this, it’s as good as done.

  7. Joe Says:

    Come on people, the value is in the LAND. The seller should have built a topographic model of the land. Who would be sold on a model of a farmhouse?

  8. SV Shopper Says:

    Realtor just called informing me I lost out on another house. She says multiple offers are becoming quite common again, so prices will likely be higher next year. This is from a professional realtor with Coldwell Banker.

  9. DreamT Says:

    sole house for sale last month in my neighborhood went for 22% above asking price with 60+ offers (supposedly). Still it ended up $40k below Zillow’s estimate. The house was grossly under-priced to begin with, which was the reason for the multiple offers. There’s something dishonest, I think, about underpricing to attract multiple offers, then claim that the market’s healthy so you should buy before prices go up.

  10. Pralay Says:

    Realtor just called informing me I lost out on another house.
    —-

    Poor SV ““wife-big-on-education” Shopper! Keep losing bids. May be he should go back to Madison Ave and start driving his cab there.

    ——-
    She says multiple offers are becoming quite common again, so prices will likely be higher next year. This is from a professional realtor with Coldwell Banker.
    —–

    Good that SV Shopper found a professional realtor. Otherwise, any NON-professional agent would mislead him by saying that prices will likely to be lower next year (and he would have lost more and more bids next year as a result). SV Shopper is fortunate that he found a professional realtor who could provide more accurate forecast. :)

  11. Real Estater Says:

    This is a surprisingly tough market even in November. There’s a lot of pent-up demand from last year. The open houses I’ve seen mostly have heavy foot traffic. I just wrote up another over-the-asking offer, but I’ve been warned about stiff competition.

  12. anon Says:

    Here’s why:

    Schwab Bank Rates
    Mortgage 30 year Fixed Conforming
    Details4.875%(4.905% APR)
    Mortgage 30 year Fixed Conforming Plus
    Details5.14%(5.163% APR)
    Home Equity Line of Credit
    Details3.99% APR

  13. sv_newbie Says:

    Agree with #11
    however, there are at least 2x more houses today in the market, I’m interested in (600k-800k), than there were 1 month ago.

    there are lots of houses and lots of buyers. and i guess more houses than buyers.

    2 things that will not help prices:
    1. continuing layoffs in bay area – thousands more by MSFT/AMAT/SUNW
    2. Fannie/Freddi decreasing DTI from 65% to 45%

  14. Pralay Says:

    I just wrote up another over-the-asking offer, but I’ve been warned about stiff competition.
    ——

    We heard all those stories before. Regarding the warning about stiff competition, I guess it would as reliable as information like “8 people already submitted cash offers for over $1M“.

  15. Real Estater Says:

    I think after last year’s experience, people realize downturns don’t last forever. A lot of people are out shopping for houses right now. It was even hard to book time with my realtor.

  16. Pralay Says:

    It was even hard to book time with my realtor.
    —–

    Poor realtors! Now they need to work 10 times harder to get a commission.

  17. Real Estater Says:

    Pralay,

    Try going to a real estate office on the weekend. Chances are you’ll find it fairly busy with people making offers.

  18. Pralay Says:

    Chances are you’ll find it fairly busy with people making offers.
    —–

    I bet they are very busy for making offers like “cash offers for over $1M“.

    Everybody is busy making offers. Even I am making offers everyday……sitting in my home…..all cash offers over $1M. :) And that’s why RealEstater just can’t get his investment property – after one and half years. Poor RealEstater!

  19. Real Estater Says:

    Pralay,

    What can you possibly offer besides another troll post?

  20. Pralay Says:

    What can RealEstater offer besides another “true story”? :)

  21. Real Estater Says:

    Exactly. Real Estater believes honesty is the best policy.

  22. Pralay Says:

    Exactly. Dishonesty (as documented here) gets exposed anyway. Why trying?

  23. Real Estater Says:

    Poor Pralay, trying desperately to discredit Real Estater when Real Estater has been right all along.

  24. Pralay Says:

    trying desperately to discredit Real Estater when Real Estater has been right all along.
    —–

    We never discredited RealEstater. We always put him in the same league of “I was right all along” folks.

  25. Real Estater Says:

    Think about it, Pralay, you misjudged everything, every time. What qualification do you even have to discredit anyone?

  26. Pralay Says:

    What qualification do you even have to discredit anyone?
    —–

    We never discredited RealEstater because we don’t have qualification to do so. We always put him in the same league of “I am always right” folks.

    Some writers (Nanka, 2002) describe a related attitude — I-am-always-right or Everyone-should-agree-with-me. Perhaps these arrogant behaviors or feelings spring from underlying fears of being wrong, feelings of inferiority, from a desire to be superior or from some other dynamic.

    Regardless of the source, these dominant personalities get irritated and critical when others disagree with them. They may become self-righteous. People wanting to be right and in control seek a closed system which will keep out the different ideas of other people.


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.)