November 15, 2011

Theory of Relativity in Real Estate

Today we’re taking a trip to the upscale community of Saratoga, thanks to Burbed reader REshrink.  The initial write-up was originally shared on patrick.net, but REshrink thought they’d be perfect for Burbed.  Add in a visit at the Open House and we hope you agree that these pricey Eichlers make for a great Guest Post.

Neither of these Saratoga listings had sold when this column was sent in, now both are pending!  Be sure to place your bets on their selling prices.  And now, please give REshrink a big, warm Real Bay Area welcome to today’s front page.


19201 SHUBERT Dr, Saratoga, CA 95070
$1,399,000

image

BEDS: 4
BATHS:4.5
SQ. FT.: 2,840
$/SQ. FT.: $493
LOT SIZE: 0.32 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1964
COMMUNITY: Saratoga
COUNTY: Santa Clara
MLS#: 81141806
SOURCE: MLSListings
STATUS: Pending Without Release
ON REDFIN: 41 days

Gorgeous Atrium Model Eichler Home on Corner Lot! * 4bds/4.5bths, Plus Office & Workshop * Spacious Living & Dining Area w. Vaulted Natural Beam Ceilings, Tile Flrs * Gourmet Kitchen w. Large Island, Gas Stove & Lots of Counter & Cabinet Space * Open Family Room w. Fireplace * Master Suite w. Private Courtyard * Indoor Pool w. Solar * Foam Roof * Remodeled Baths * Indoor Laundry * Great Location & Saratoga Schools!

imageJust when you are trying to think if this house has been priced accurately at $1,399,000 (last sold in 2004 for 1.1 M) , a similar listing shows up with a price tag of $1,649,000 (19168 De Havilland Drive, pictured at left, last sold in 2003 for $1,488,000).

Is it a coincidence that these two homes are “perpendicularly” next to each other and have similar architectural styles?

Hmmm…why would an agent advise the owners of De Havilland to bring their home in market at a time when a similar property next door is priced approximately $250K lower. I acknowledge that the backyard of Schubert abuts a busy street, but $250K more, really. I will never pay $5.99/lb for tomatoes in Whole Foods if I know they are selling for $3.99/lb in Trader’s Joe next door. I know, I know…it is a bad analogy. After all, you don’t need a jumbo loan to buy tomatoes.

image

Moreover, the Schubert property came to the market only 18 days ago. Therefore, it is not like it has been sitting for 6 months and the owners at De Havilland got tired and decided to list their home a month before the holiday season, A.K.A. slow-real-estate season.

imageWhat kind of business decision goes in putting a home in the market for a price tag that is significantly higher than the neighboring home? If you read carefully at the listings for both homes, you will find the answer. Both these homes have something more in common; they have the same listing agent. It seems the property on Schubert, which now looks like a bargain at $1,399,000, is being marketed at the expense of De Havilland. So, buyers don’t delay or you will miss the deal at Schubert; that is if you can get past the bidding war in an attempt to get it for at least $1.5M, which is still $150K lower than the competition.

Any guesses what will happen to the pricing of De Havilland after Schubert is sold? Just go back to the owner of De Havilland and tell them that they should lower the price to whatever-Schubert-sold-for.

Am I the only one who wants to sympathize with the owners of De Havilland property?


imageAddendum: I ended up going to the open house for the Schubert property. The agent proudly explained the updates the current owner made in the kitchen. The cabinets are indeed new but they are Ikea Adel. Please don’t get me wrong as I am a big fan of Ikea, but an increase of $300K since the last sale ($1.1M in 2004) is hard to explain by Ikea cabinets. As for the appliances, the refrigerator does not make ice, and the garbage disposal has been disconnected as it keeps getting clogged. Besides, the only fireplace in the house is now non-functional.

imageAlso worth mentioning, the whole house smelled of Chlorine (from the indoor swimming pool). This stands in contrast to the real estate agent’s false claim about the house having a salt water pool.  The agent tried to mask the cheap-motel-chlorine-swimming-pool-smell by baking garlic-chicken in the oven during the open house. May be, the agent should have followed the traditional route of baking cookies. While the smell of Chlorine was enough to trigger my migraine, I found a few people leaving right away as the smell of garlic was nauseating.

imageSo, here is a wonderful Ikealer, I mean an Eichler for you to buy for $1,399,000 only. As most people might know, the attraction of any Eichler is their architectural philosophy of bringing outside indoors, Well, this purpose has been well achieved in this particular Eichler. The outside noise from Cox Ave can be heard inside the home in its full glory.

 

Comments (8) -- Posted by: madhaus @ 5:02 am






November 14, 2011

This listing is under water. Literally.

Today’s featured listing is thanks to new Burbed reader wahnny, who brings us a delightful first Guest Post from an infrequent Burbed destination.  Let’s hitch up the trailer, because we’re going for a drive down south, and we’re going to be using the boat ramp!

Please give wahnny a big, warm, Real Bay Area welcome as today’s Guest Blogger!


14400 UVAS Rd, Morgan Hill, CA 95037
$2,400,000

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BEDS: 5
BATHS: 2
SQ. FT.: 4,480
$/SQ. FT.: $536
LOT SIZE: 9.45 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Ranch
STORIES: 2
VIEW: Lake
YEAR BUILT: 1962
COMMUNITY: Morgan Hill/Gilroy/San Martin
COUNTY: Santa Clara
MLS#: 81143867
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 27 days

Private and luxurious peninsula estate with breathtaking views of Uvas Reservoir on 9.45 Acres property is magnificent and transformational. With a 5 bedroom house, 2 bedroom guest house, triple carport, shop, and a barn and 6+ acres of arable land, this property has much to offer. This home is surrounded by water front on 3 sides, a 626 acre County Park and 1,165 acres of Open Space Preserve land

image

I’m a newcomer to burbed.com (thanks to the link by madhaus on redfin forum), and thought this might be an interesting article to share:

I recently saw a unique property for sale in Llagas-Uvas area of southwest Santa Clara County.

Although the location of this property may be outside the RBA, its pricing doesn’t seem to be.  Aside from being adjacent to a county park (and its parking lot, with frequent weekend traffic), what makes this property extra “special” is the lakefront views … except during the rainy season, when over a third of the property may be underwater (notice the partially submerged trees), or during the summer season, when the water levels go down (sometimes way down … it’s a reservoir after all … see Google Earth image history).

14400 uvas 070614400 uvas 1105

Images from Google Earth of 14400 Uvas Road. Left taken on 5/31/2007.  Right taken on 6/19/2011. 

Comments (17) -- Posted by: madhaus @ 5:09 am

November 13, 2011

The Beatings Will Continue Until Morale Improves: The Third Tier Zip Codes

What will it take to make the zip code series stop?  Lots and lots and lots of quality submissions!  So until you send in your best guest post EVEH, we’ll be running these wonderful lists and photos for the next few hundred Sundays or until we run out of data, by which time Forbes (if they’re still a going concern) will have the 2012 list ready.  But look on the bright side.  No more annoying maps like last year!

Today we look at all the Northern California entries in Forbes Most Expensive Zip Codes 2011: The Top 100 of the Bottom 400.

Previous entries in this year’s series:

Quick recap: Forbes messed up their data even worse than usual this year, plus many areas on last year’s list have completely disappeared without explanation.  We add in the comparison to last year’s rankings and find the “most expensive” house (if it’s findable) that Forbes mentions for each entry.  While Forbes doesn’t seem that interested in hearing from their readers (registration is required), Altos Research, who did the number-crunching, loves talking data.  They’ve responded to a couple of my concerns here.

Here we go, numbers 101-200, which are now under the Million and a Half Median!  How Low do we have to go to sink under a million?  Remember, this is the Third Tier, so Real Bay Area (RBA) bragging rights are gone (except for some exceptions).

#106: Alamo 94507

  • imageMedian Home Price: $1,396,000
  • Median Price Change: -7.8%
  • Average Days On Market: 200 134
  • Inventory: 134 102
  • Rank in 2010: #101 (-5 spots )
  • Most Expensive Home: $11.8 Million (322 Lark Lane)

This high-end (for the East Bay) location south of Walnut Creek is stuck in atop the third tier right where it belongs, just a few spots above Newport Beach.  This luxury home that looks more like an administration building kind of says it all.  Free architectural clue: It’s the windows that make this place a façade fail.

A new $13.8 million property has come on the market since the Forbes article ran, and it has a more traditional (and attractive) look, in the classic “Let’s build a French country estate in Contra Costa County” style.

Plenty more to enjoy after the break!  In fact, we promise the very next one is a Burbed favorite, so click on through.

(more…)

Comments (7) -- Posted by: madhaus @ 5:08 am

November 12, 2011

Special Weekend Open Thread Extra: Nearly NARmal

imageHere’s a great place for an Open Thread: right on top of a Can You Top This letter from the President of NAR (the National Association of Realtards). 

This is Ron Phipps’ letter to The Wall Street Journal in its entirety, because you won’t want to miss one single stupefying word of it.

Thanks very much to Burbed reader PKamp3 for mentioning this exchange in comments.

The Wall Street Journal would have people believe that hard-working, middle-class families are not affected by lower conforming loan limits, when nothing could be further from the truth ("More McMansion Subsidies," Review & Outlook, Nov. 1). The representatives in Congress who support higher loan limits understand that this is not a partisan issue, as you are trying to make it out to be.

The majority of markets impacted by the loan-limit decline are not high-cost areas. For example, more than 100 counties throughout the Midwest and more than 200 counties in the South have seen loan limits decline by more than $64,000.

And despite how your editorial tries to position the issue, the loan limits are not the same as reforming Fannie Mae and Freddie Mac. Allowing the mortgage loan limits to expire in October was an arbitrary decision. Creating more market disruptions before reforming mortgage markets will only hurt our recovery.

The Senate measure to reinstate the limits is temporary—restoring the higher limits while the housing and mortgage markets stabilize. Recently, economist Mark Zandi said policy makers could shore up the housing market by "extending the current higher conforming loan limits that are set to decline in a few weeks." Borrowers, not taxpayers, will bear the entire cost of the higher loan-limits provision.

As people across the country are trying to gain a foothold in these trying times, we need to give them the resources to do so. The National Association of Realtors applauds the members of Congress who are standing up for America’s families rather than turning their backs on them.

Ron Phipps

President
National Assn. of Realtors
Washington

Of course this is 100% Grade AAA horseapples and every one of us should feel stupider for having wasted three minutes in reading it.  In fact, this is such toxic waste even the WSJ editorial page couldn’t leave it without a response as an unsigned opinion piece.  (It’s behind the paywall, but the best way to find it for free, should this link not work, is to search for its title with teh Google.)

The Realtor Subsidy

Crony capitalism on parade.

To understand why 90% of U.S. mortgages are still underwritten by taxpayers, look no further than the nearby letter from Ron Phipps of the Realtors lobby. He makes clear that the Realtors, like the rest of the housing-subsidy crowd, are working hard to get Congress to reinstate a $729,750 loan-limit for Fannie Mae and Freddie Mac guarantees.

Notice how Mr. Phipps doesn’t mention that dollar figure, perhaps because it makes a howler of his claim that the loan-limit reduction in October to $625,500 is somehow a blow to the "middle class." As House Financial Services Chairman Spencer Bachus and several colleagues note in a November 7 letter to GOP appropriations conferees, "the lower loan limits only affect a very small slice of wealthier homeowners in high cost areas." Only 1.3% of all loans done by Fannie, Freddie and the Federal Housing Administration would be affected by the change.

imageAnd it goes on from there.  I’m sure you could write your own takedown of Phipps’ inane, self-serving, logic-free effluvia, and in fact I bet you could have a lot of fun with it.  I am chucking a bit noting the Wall Street Journal use the terms “crony capitalism” and “lobby” as if they’re bad things.  Should we look forward to them setting up a tent (mink-lined, probably) in Zucotti Park?

Here’s a few more things the WSJ neglected to mention but I’ll bring up.

  • The “non-high-cost areas” affected purportedly include more than 100 flyover counties in the Midwest and 200 in the South.  Phipps neglected to tell you how many total counties are worth flying over, but I suspect it’s more than 300.
  • A free clue: Georgia has 159 counties.
  • Borrowers will bear the entire cost?  Oh, now borrowers fund their own tax deductions?  Then why is the deficit so high?  Do corporations fund their own R&D credits too?
  • And remember, this is your Weekend Open Thread!
Comments (9) -- Posted by: madhaus @ 5:21 pm

Edgar Martins, Artist or Real Estate Professional?

A while back, we featured this home with WYSIWYG photography that didn’t pretty up a thing.  Remember this place in East San Jose with the really inspired photography (if by inspired I really meant WTF)?

image

This was the home where most of the photos were of the floor and the bottom third of the walls.  At the time I said that the agent was a misunderstood artist, and the opposite of Edgar Martins.  You were probably imagewondering who Edgar Martins was.  Today, you’re going to find out why this Portuguese-born Macau-raised fine-arts photographer is just like a realtard.

Edgar Martins was commissioned in 2008 for a very high-profile New York Times Magazine photo essay on the physical results of the mortgage meltdown.  There was some resentment from American photographers over this gig being given to a European, but Martins certainly had a gift for the compelling image.

Then someone worked out why they were so intriguing.  His photos weren’t what he claimed they were.

imageMartins has always said that he didn’t do any post-production of his work at all, that there was no digital manipulation. Looking at his work now, it’s screamingly obvious everything was mirrored, cloned, and shopped out the yinyang. For years all the fine arts types believed him until Adam Gurno (unixrat) on MetaFilter called shenanigans, and as a result, the New York Times yanked his photo essay.

Martins’ response was of course his stuff is manipulated, you stupid idiots. That was the whole POINT, and none of you saw it because I told you it wasn’t there, you ignorant fools.

To be honest, he said the above more like this:

This work explores the concept of ‘home’ as an idea and a form, and summons a disquieting conjunction of reality, hyper-reality, fantasy and fiction.

And he justifies lying to his fans, his clients, his curators, and his employers with this PoMo putrescence:

“It is my view that there was a clear misunderstanding concerning the values and rights associated to the creative process which made a renown publication like The New York Times Magazine, commission a fine-artist, such as myself, to depict a very specific view of reality without taking all the necessary measures to ensure that I was aware of its journalistic parameters and limits. On the other hand I did not see these as a valid boundary. . . . Whilst I welcome some of the debate that is taking place, I did not envisage that it would be mostly centered on polarities such as ethical/unethical, right/wrong, real/unreal.”

imageYou see, that’s what selling homes is all about. It’s telling people there’s no downside, there’s no time to lose, there’s nothing that can go wrong as long as you BUY NOW. The TIME to BUY is NOW.

And we should have known from the get-go that they’re ALL lying.  And if we didn’t, then being tricked out of hundreds of thousands of dollars is just part of the context of representational imagery and the insubstantiality of happiness from material things.  Let’s not debate pointless polarities such as true/false, positive/negative, gain/loss, permitted/unpermitted, yours/mine, or signed/forged.

imageI do recommend you look at his “This is Not a House” set of photos on his website, and his photography book of the same title has just been released.  Note there is no more bluster about his images being unprocessed or unaltered.  Now “his interest is in summoning a disquieting conjunction of realism and fiction by ‘cutting into the real’.”

imageThe book description for This is Not a House also says it was a commission for the NYT, but neglects to mention his rather public firing for misrepresenting his artistic process.  As fine art critique of bubble building and bust, it is indeed powerful stuff. Most of it also looks shopped. I can tell by the pixels.

And as realtard speak, it’s obvious fiction stubbornly insisting it’s 100% factual.  Home prices never go down!  Yes it’s affordable!  Buy now or be priced out forever!  The rules of the market don’t apply here!  The TIME to BUY is NOW.

Comments (6) -- Posted by: madhaus @ 5:00 am

November 11, 2011

Best offer will be considered

Today’s featured house and accompanying guest commentary is brought to you by Burbed reader AstroWallaby, profiling the always adventurous area of Alum Rock, San Jose!  This is a genuine go-to geographical golden goose for great Burbed goodness.

Want to see your name in lights (okay, in bold) like this?  Send in your listing wins, with (or without) your added valuable observations.  Operators are standing by!

And now, please give AstroWallaby a big, warm Real Bay Area welcome!


134 N WHITE Rd, San Jose, CA 95127
$548,000

image

BEDS: 3
BATHS: 1
SQ. FT.: 999
$/SQ. FT.: $549
LOT SIZE: 6,500 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1945
COMMUNITY: Alum Rock
COUNTY: Santa Clara
MLS#: 81129919
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 126 days

Large Lot with workshop in the back. Tile counters in Kitchen, Pergo Flooring. Fireplace in living room. Side yard access rear. Spacious Detached garage building. ~2,000 sq ft Side lawn, Fenced and Separate from the front house. Best offer will be considered.

Speaking of dreck, here’s another "optimistic" entry from East San Jose that might be worth a laugh, if you haven’t seen it yet.

imageimage

The listing at least avoids ALL CAPS, although isn’t saying " Best offer will be considered" sort of redundant when selling a house? Clearly the realtor was impressed by the interior, judging by the two magnificent Quickcam-resolution interior shots they’ve included. It’s sort of disappointing that you can’t actually tell what it trying to escape from that cabinet drawer in the kitchen, but whatever it is I hope it succeeds. As for the imagefireplace… I’m not sure a provocative fandance really works to increase the sex appeal of inanimate objects but I’ll give it bonus points for trying.

The shot of the empty (down to the bare dirt) backyard is interesting. It *could* be an avant-garde artistic use of negative space, but I suspect it’s more likely a counterpoint to the satellite photo which shows no fewer than nine vehicles haphazardly arranged around the property. Nothing like the Pride of Ownership which comes along with owning your own former dirt parking lot. You might even qualify for Superfund money to pay for your landscaping!

image

And the suggested retail price for this V-J Day-vintage 999 square foot slice of heaven/White Road? A mere $548,000. Sure, it’s a good $200k higher than any reasonable comparable but that’s a small price to pay for a fireplace with a spot-on Sally Rand impersonation.

Comments (8) -- Posted by: madhaus @ 5:06 am

November 10, 2011

HOW MUCH do you want CUPERTINO SCHOOLS?

Today’s listing is courtesy of Burbed reader Swan, who sends us a Sunnyvale spectacular.  That’s provided that by “spectacular” I really mean “OMG what a crapbox!”  Seriously, I have had my eye on this house for several years and have been waiting for it to get listed so I could share it here.

 

1035 W HOMESTEAD Rd, Sunnyvale, CA 94087
$899,999

image

BEDS: 4
BATHS: 2
SQ. FT.: 1,890
$/SQ. FT.: $476
LOT SIZE: 7,171 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT: 1958
COMMUNITY: Sunnyvale
COUNTY: Santa Clara
MLS#: 81146339
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 4 days

Very Nice Eichler with enclosed Attrium and Cupertino Schools, Spacious Living Room and Family Room w/ a gorgeous fireplce, Master Suite w/ Walk-In Closet, Tile, Attached 2 Car Garage, Large 7200sf lot with a Pool, Indoor Laundry, additional 500sf with enclosed Attrium not on MLS, West Valley Elementary, Cupertino Middle, Homestead High! This Home will sell fast, all offers considered. Needs TLC.

imageHere’s what Swan thought about this delightful domicile:

It’s on Homestead, right next to the entrance to the CMS [Cupertino Middle School] track.  My hubby and I have noticed this house for years as it becomes more and more run down.  I love how the agent says the home will sell fast.  I went by it on my bike the other day.  The house needs a new garage door, new fence, new roof, and who knows what else.  Though the agent did not go out of his way on the photos, he at least took them from an angle and from across the street to hide the poor condition of the home.

I agree that the price is insane. That home, especially the roof, has not been cared for in years. My husband is a contractor and every time we go by, he says, "That poor house."

image

imageI am just happy the owners listed this place while it was still standing upright.  I don’t know when the Streetview shot above was taken, but it could hardly have gotten much better.

But that asking price? On what planet will this pile “sell fast”?  Are there really people out there that eager desperate for Cupertino schools?

Remember this place?  At least it’s on a court (right off another busy street) and it isn’t moving for $30K less, with lucky 8s instead of 9s).

imageI also love that this place has an Attrium that has an additional 500 sf not on MLS.  Maybe the realtard made a spelling oops and is really saying this house is full of expensive rare earths like Yttrium!  It must be important, because the Attrium is mentioned twice, just like the Cupertino schools.  I SAID CUPERTINO SCHOOLS, EVERYBODY!

Now, everybody into the pool!  Ahhhhhh.

So who would buy this?  Somebody who really, really, really wants those schools.  Somebody who wants them enough to put up with a busy street near a freeway interchange, a house falling to pieces, and the delightful shrieks of children being forced to run the mile over and over.

image

Comments (16) -- Posted by: madhaus @ 5:09 am

November 9, 2011

Burbed Returns to Rivermark

A couple of years ago, Burbed featured this fine Rivermark house at a rather startling price.  Unfortunately, nobody took advantage of this amazing offer, and the home was withdrawn from MLS at the end of 2009.

image

Fortunately, this listing is back and better than EVEH!  Ladies and gentlemen, Burbed proudly presents Rivermark 2011, The Sequel, now in living… um, what?

4160 RIVERMARK Pkwy, Santa Clara, CA 95054
$1,145,000

image

BEDS: 5
BATHS: 3.5
SQ. FT.: 2,989
$/SQ. FT.: $383
LOT SIZE: 3,484 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STYLE: Contemporary
STORIES: 2
VIEW: Neighborhood
YEAR BUILT: 2003
COMMUNITY: Santa Clara
COUNTY: Santa Clara
MLS#: 81145878
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 6 days

Rivermark Promenade II Arcade Floor Plan; Prime lot; 10 foot ceilings; Downstairs den/office can be used as a bedroom; The back studio suite (approx. 515 sq ft over the garage with a full bath & private entrance) could be rental unit/game room/home office/guest quarters; Stainless steel appliances, granite slab counter island & beautiful maple cabinets, Jacuzzi, pre-wired speakers, 3-Zone AC/Heat.

imageWhat an amazingly versatile property!  The downstairs den/office, as if it doesn’t already promise dual-use, can also be used as a bedroom!  The back studio suite could be a rental unit, or a game room, or a home office (wait, don’t you already have a den or bedroom that could be an office?  Too many choices!!!) or even guest quarters!  Imagine what that granite slab counter island could be used for?  Maybe a butcher shop or a pathologist’s table?  Why, the possibilities are endless!

imageIt looks like the agent hired Alin Ciorta to photograph the exterior this time around.  Good move!  The previous cover shot said “Tract construction somewhere in California.”  This photo says “artistic impression representing the contradiction of permanence.”  Or maybe it says “Where’s the goddamned focus knob?”

Unfortunately, the rest of the 2009 pictures seem to have kicked the bit bucket, but as a consolation prize, the sellers have thrown in a completely unreadable floorplan.

Best of all, this house is at the same bargain 2009 price, minus the lucky 8s!  That’s because the sellers are passing on all the luck DIRECT TO YOU. 

If you had any doubt that the Bay Area was HOT, HOT, HOT, this should settle all doubts.  Rivermark is IT and you STILL aren’t good enough.

Comments (12) -- Posted by: madhaus @ 5:04 am

November 8, 2011

Larry Unloads His Other Woodside Listing

We’ve spent too much time talking about Steve Jobs and Mark Zuckerberg, so it’s time to show Larry Ellison a little Burbed love.  And why not, when you could be the next owner of this Woodside home he’s no longer using, since he’s too busy buying up every piece of lakefront property on Tahoe he can find.

 

1 TURKEY FARM Ln, Woodside, CA 94062
$19,000,000

image

BEDS: 4
BATHS: 3.5
SQ. FT.: 5,850
$/SQ. FT.: $3,248
LOT SIZE: 3.4 Acres
PROPERTY TYPE: Detached Single Family
STYLE: Colonial
STORIES: 2
VIEW: Mountains, Neighborhood
YEAR BUILT: 1968
COMMUNITY: Central Woodside
COUNTY: San Mateo
MLS#: 81131446
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 109 days

Exclusive equestrian estate comprised of 2 parcels for total 6.88 acres – 1 Turkey Farm Lane & 125 Roberta. Private & secluded at the end of a cul-de-sac 1 Turkey Farm–Classic colonial 4bd/3.5ba home, pool house, pond-like pool with elevated spa, 125 Roberta–1bd/1ba guesthouse, beach volley ball court, ponds Equestrian facilities 5-stall barn on each property Western Hill View Woodside Elementary

I deliberately misled you by putting the last picture up on the Redfin overview shot.  That’s the guesthouse, or the equestrian facilities, or maybe both.  I used that shot because I thought Burbed readers really enjoy seeing the house in KawlumVision.

image

And if that isn’t worth $23 million $19 million, I don’t know what is.  Although it’s too bad you won’t have Larry as a neighbor if you buy here.  His Japanese castle is almost a mile away.  Neighbors love having Larry next door since he picks fights about things like tree heights and solves the problem by buying your house for $40 million.

Comments (10) -- Posted by: madhaus @ 5:06 am

November 7, 2011

In the path of progress!

Here’s a great find from Burbed reader and occasional Guest Editor sonarrat!  Many thanks for this listing in Google’s backyard!

 

1988 PLYMOUTH St, Mountain View, CA 94043
$935,000

image

BEDS: 2
BATHS: 1
SQ. FT.: 640
$/SQ. FT.: $1,461
LOT SIZE: 0.4 Acres
PROPERTY TYPE: Detached Single Family
STORIES: 1
VIEW: Neighborhood
YEAR BUILT: 1935
COMMUNITY: Rengstorff
COUNTY: Santa Clara
MLS#: 81127711
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 98 days

Great opportunity in Mountain View. Blocks from Google and in the path of progress. This is an older two bed one bath home on a huge lot, perfect for a family who wants property or for a developer. New construction coming two parcels away.

imageHere’s what sonarrat had to say about this house:

We have a new Burbed classic in the making. This one’s in the path of progress! Why, you ask? They’re building a stairway to Google!

That’s even better than an overplayed Led Zeppelin hit, because it won’t hurt your ears and it costs nothing to look.

imageIn the path of progress, indeed! But doesn’t that mean it’s going to be condemned under eminent domain?

At least it has electricity!

Now, check out the neighborhood.  I’m not sure which parcel has the new construction coming, but there sure seems to be a number of multifamily units quite nearby. You’ll have so many more neighbors to socialize with, or at least so many more cars blocking your driveway.

image

Actually I think I might have found it, at least I found a bulldozer.

image

It sure would be a shame to lose that terrific vehicle collection.  Maybe they could put them in that nice parking lot next door.

But this house has something even better going for it than the bridge they’re building to Google.  Look what you have in easy walking distance.

image

Yes, if you ever get tired of this house, just remember, you could be living here!

Comments (11) -- Posted by: madhaus @ 5:07 am