September 2, 2010

Downtown Sunnyvale: So Convenient to Construction Sites

It’s been a while since we featured a property in Sunnyvale.  Sunnyvale isn’t considered a “prestige” address such as Portola Valley or Woodside.  But there are plenty of advantages to living in Sunnyvale.  How about a two-for-one special?

297 CHARLES St Sunnyvale, CA 94086
$1,100,000

image

Beds: 7
Baths: 3
Sq. Ft.: 2,516
$/Sq. Ft.: $437
Lot Size: 6,500 Sq. Ft.
Property Type: Detached Single Family
Style: Colonial
Stories: 2
View: Neighborhood
Year Built: 1908
Community: Sunnyvale
County: Santa Clara
MLS#: 81025224
Source: MLSListings
Status: Active
On Redfin: 104 days

Open house July 24th today 1-4. AMAZING!!!2 homes on one parcel!First time on market ever!2 car detached garage. 297 Charles St. 1908 Colonial Revival Historical 5bd/2ba, 2,516+-sqft, newer kitchen, carpet, beautiful floors-545W. McKinley 2bd/1ba-700+-sqft. Both have large basements. Gabel dormer, original hardware, Full kitchen upstairs can be used as a rental-separate address 295 Charles.

See, not only do you get two houses for the price of one (if that one were in the Cupertino school district), you also get an agent who doesn’t believe in using both spaces and punctuation at the same time.  Plus you can use the full kitchen upstairs as a rental!  Seriously, talk about prestige!  Two basements! 

297_charles_svlAnd talk about convenience!  These houses are walking distance to both Sunnyvale Town Center and Town & Country Village.  That means they’re  smack-dab in Downtown, but for some reason the agent doesn’t want you to know that.  Maybe it’s because “Downtown” reminds people of the endless reconstruction of both shopping malls.

Alert burbed reader Pralay sent in this news update on the problems.  Poor Town & Country Village!  Not only did it get a mall in Palo Alto named after it, but it’s now serving as a wildlife refuge.  What a boon to property values!

New developer buys Town & Country parcel in Sunnyvale for $19 million

By John Dugan

Posted: 08/31/2010 06:02:44 PM PDT
Updated: 08/31/2010 07:19:26 PM PDT

A San Francisco development company has bought part of the former Town and Country shopping center in downtown Sunnyvale for $19 million, with plans to put 280 housing units and possible street-level retail on the site.

BRE Properties Inc. announced the purchase of 2.4 acres of land in downtown Sunnyvale in a press release Tuesday. The release said the "transit-oriented" site was one block from the Caltrain station and adjacent to the Sunnyvale Town Center.

Santa Clara County property records show that BRE purchased parcels at 101, 201, 301 and 401 Town and Country Village Way, or roughly half of the 4.6-acre Town and Country site, from Capella Holdings, LLC, on Aug. 20.

A BRE spokesman said there is no timetable to begin construction on the site, which has been vacant since the old shopping center was demolished in April. Previous to the demolition, the buildings sat empty for more than a year, and the site drew complaints from citizens and Sunnyvale City Council members alike for its decrepit appearance and rat infestation.

Yes, The Excitement Is Building in Sunnyvale!  The property is definitely easy walking distance to shops… if any of them were open.  Or standing.

Sunnyvale isn’t a prestige address?  Get real.  Not only is this a hundred-year-old million dollar property, the houses are on the corner of Charles Street and McKinley Avenue.  That’s a Prince and a President!  How much more prestige do you need?  And if Elizabeth II ever keels over, then it’s a King and a President!  The only thing that could make it any more prestigious would be a nearby Starbucks.  If only someone would open a shopping mall.

Comments (27) -- Posted by: madhaus @ 5:02 am

27 Responses to “Downtown Sunnyvale: So Convenient to Construction Sites”

  1. Ted O'Malley Says:

    it’s 5:00 a.m., and Burb’s staffers are hard at work generating smart, engaging copy! Just don’t count on that Pulitzer any time soon. Thank goodness that the lousy writing is offset by the AdSense posts; true econometrics in action. Why, revenue from those alone will pay the web hosting fees as well as more online writing classes. With maybe just enough left over for a brewsky at the transit mall. Yup, Burbie, you’ve captured the collective belch of the South Bay. Happy reflux, loser!

  2. Petsmart groomer Says:

    Such bitterness by our friend Ted O’Malley… Probably another realtor who saw his/her income drop after the insanity was uncovered. Or another of Real™ Estater’s identities.

    Chill, it’s only real estate.

  3. Petsmart groomer Says:

    http://finance.yahoo.com/tech-ticker/house-prices-are-still-10-too-high-says-barry-ritholtz-535388.html

    Money-manager Barry Ritholtz has a message for the National Association of Realtors, the trade group that always puts a sunny spin on the outlook for the housing market, no matter how horrific the facts may be: You’re making the problem

    [...]

    But wherever house prices end up, Ritholtz says, the NAR is part of the problem. If sellers were more realistic about the market reality, more houses would be selling.

    See today’s house for a prime example. Original asking price was $1.2M.

  4. Gallileo Says:

    “The power of accurate observation is often mistaken for cynicism by those who do not have it.” –Shaw

    Here’s looking at you Ted O’Malley!

  5. nomadic Says:

    Perhaps Mr. O’Malley is the owner of this fine, cramped, overpriced property in the 2nd best Sunnyvale zip code?

    If it ever sells, at least it’ll be a big win for the city! Current taxes: $603/year.

  6. SEA Says:

    Ted O’Malley- Thanks for all your votes at Zillow.

    But seriously what do you expect for a little over a million dollars?

  7. maryjane Says:

    Looks like it’s blocks away from the rat infestation. How far do you think their tiny little legs can carry them?

  8. nomadic Says:

    Speaking of the Zillow win, why isn’t the “winner” badge on at least the home page yet? Wasn’t that part of the prize?

  9. SEA Says:

    nomadic- It is on the main burbed.com page, twice.

  10. nomadic Says:

    uh, yeah. Only as part of two blog posts…

  11. mike Says:

    “it’s 5:00 a.m., and Burb’s staffers are hard at work generating smart, engaging copy! Just don’t count on that Pulitzer any time soon. Thank goodness that the lousy writing is offset by the AdSense posts; true econometrics in action. Why, revenue from those alone will pay the web hosting fees as well as more online writing classes. With maybe just enough left over for a brewsky at the transit mall. Yup, Burbie, you’ve captured the collective belch of the South Bay. Happy reflux, loser!”

    surprisingly well written.

  12. maryjane Says:

    And so very touchy.

  13. Pralay Says:

    Or another of Real™ Estater’s identities.
    —–

    Nah, I have no doubt this is not case when I noticed writer knows about Pulitzer prize and, most importantly, spelled it correctly.

  14. DreamT Says:

    Look! Someone said “Pulitzer” and “Burbed” in the same breath! Congrats, madhaus!

  15. SEA Says:

    Next thing you know Palo Alto and Burbed will be used in the same sentence.

  16. madhaus Says:

    #14, that’s right kind of you, but actually somebody who may be somebody else’s sockpuppet said “Burb” and “Pulitzer” in consecutive sentences. :)

    Maybe it was a reference to Lily Pulitzer. Warning: Not Safe for Vision.

  17. bob Says:

    Anyone that has driven around that area knows the traffic is an absolute nightmare.

  18. lebowski Says:

    I believe realtors such as O’Malley might find more success by wearing hundred dollar Lily scarfs during their open houses. That shows that he already has status, and doesn’t really need to sell the house to eat the next day. I wonder what color and pattern would be best.

  19. maryjane Says:

    Someone should propose a Proposition! How about having dedicated lanes for people who can prove they OWN in the RBA? Renters and passers-through can use the right hand lane and the rest of the highway can be reserved for people who actually have a stake in the prosperity of the area. If it’s still too crowded we could reserve the far left lane (the Fast Lane, of course) for people who have houses valued over, say, three million.

    Or we could have special lanes for people who bought prior to a certain date. We could issue ‘smart passes’ for them.

  20. nomadic Says:

    maryjane, do the people who bought between 2005 and 2008 have to ride a short bus? ;-)

  21. maryjane Says:

    Yes. I think the people who bought between 2005 and 2008 will have to ride a short bus – or swim.

  22. Real Estater Says:

    Check out page 8 of the latest sales stats on Santa Clara County.

    >>6,668 jobs were added to the payrolls of Santa Clara County.

    >>The steady job creation may help to maintain demand for home purchases.

    94301: Average price $2.073M. Price change: Up 24.23%.

  23. Pralay Says:

    The steady job creation may help to maintain demand for home purchases.
    —-

    Too bad, even the cheerleaders are using the word “may” nowadays.

  24. Pralay Says:

    94301: Average price $2.073M. Price change: Up 24.23%.
    —–

    Useless aggregate average data.

  25. Real Estater Says:

    >>Useless average data.

    What’s more useful. Singular data?

  26. madhaus Says:

    #25: Meaningless anecdotal data.

  27. Bank Owned!!! Rehabbed!!! Spacious Driveway!! Convenient Location!!! | Burbed.com Says:

    [...] Yesterday’s featured listing got a warm burbed welcome, especially from Ted O’Malley. So let’s spend another day in central Sunnyvale! 801 Birch Ave, Sunnyvale, CA 94086 $369,900 [...]


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