I wanted to close out the week with one more property that could have made Zillow’s expensive home sales list (remember, not one RBA property on the list, the nerve!)  But there weren’t any over $10 million properties in Marin, and when I moved over to Alameda County… lookie here what I found.

1812 Bali Ter (Unable to map), San Leandro, CA 94578

Sold on 01/08/2011: $41,500,000

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BEDS: 5
BATHS: 2.5
SQ. FT.: 2,192
$/SQ. FT.: $18,932
LOT SIZE: 2,543 Sq. Ft.
TYPE: Detached
STYLE: Contemporary
STORIES: 2
YEAR BUILT: 2009
COMMUNITY: San Leandro
COUNTY: Alameda
MLS#: 40492923
SOURCE: EBRD
STATUS: Sold

New Construction. .. Gated Community. No HOA. Many upgrades included. Great floor plan. Large kitchen island & pantry and gas stove. Huge master suite with jet tub, etc. Has 3-fireplaces. Seller says must sell bring offer!.

Guess this was the seller’s lucky day, huh?  Or maybe someone seriously fat-fingered that update?  From looking at that rather pedestrian kitchen (for $41 million, I want something that doesn’t scream 2005 at me), I suspect someone made a big mistake.  Let’s hope it wasn’t the FB fulfilled buyer.  So, have a look at the asking price.

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Whoa!  I’ve heard overbidding is everywhere, but… let’s see what the lucky homedebtor got for (cough) $41 million.  Fortunately, this site and several others had lots of pictures and information and even managed to come up with a map.  There were 10 homes in this new gated community.  It must be really posh!

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That’s some serious elbow room.  At least there should be some open space nearby, right?

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Plenty of room across Liberty Street!  Awesome!  Now, gated community, right? Let’s get a good gander at the gate!

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While a few security guards at an entry booth would be a touch more apropos, the riffraff won’t be crashing the cotillion!  In fact, don’t worry about the wrong element showing up uninvited to social events, because absolutely nobody will know where this house really is.  I’ll prove it.  Here’s where another Realtard site thinks it’s located:

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Who wouldn’t pay a hundred times the asking price for an undisclosed location and guaranteed privacy?  Not convinced? Here’s where Zillow thinks it is:

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And remember, Redfin didn’t even try to find the house.

Okay, I know you’re all laughing at this new construction in San Leandro (has Burbed ever been to San Leandro before?  Yes!) but it’s got 10 rooms!  The house yesterday had 14 (and zero bedrooms).  So there’s no reason why this house can’t sell for an eight digit price, too.  Plus you will avoid all that horrible traffic in The City.

Update 1/11/11: Well, dammit, Redfin now (as of 4 pm) says the house sold for $415,000.  I was so looking forward to watching this FB open the property tax bill, too.

FARGO Ave (Unable to map) San Leandro, CA 94579
Price: $430,000

Beds:     5
Baths:     2
Sq. Ft.:     1,862
$/Sq. Ft.:     $231
Lot Size:     7,735 Sq. Ft.
Age (Years):    60
Year Built:    1948
Type:    Detached Single Family
Style:    Ranch
Stories:    1 Story
View(s):    Neighborhood
Neighborhood:    Alameda County
County:     Alameda
MLS#:     80813184

Fixer-upper
Needs your TLC. This is your chance to own a PRICED-TO-SELL-FAST home conveniently located near freeways, fire station, schools, restaurants & shops, but bring your toolbox because this house needs some work. This is great for big family having a big backyard, bonus bedroom and bathroom and in a quiet neighbohood. A once in a lifetime opportunity. Desperate owner needs action!

Burbed generally doesn’t venture much into the East Bay, after all it is fly over land. That said, Burbed reader James sent this great find in.

Usually Realtors, professionals at the craft of prose and poetry write in such amazing language that it takes scholars years to decrypt the hidden meaning.

This Realtor is clearly aiming at the common man. He’s helping make housing accessible to everyone. “Located near freeways, fire station” – the honest is refreshing. “Desperate owner needs action!” – wow, now the realtor is headed in the risque direction. Very bold. Very very bold.

Props to you for this literary work. People will be discussing this for years. Thanks James for this find!