Tired of the poorly photographed crapboxen that are Burbed bread and butter? Today’s house is for you, if you can find it.This property is brought to you by Burbed reader wahnny. Thanks very much!
7,533 Sq. Ft.
$133 / Sq. Ft.
Lot Size: 3.10 Acres
On Redfin: 17 days
Status: Pending With Release
Property Type: Detached Single Family
County: Santa Clara
Style: Traditional, Mediterranean
Community: Almaden Valley
Last "Open House Monday 8/12 this evening from 5-7:30pm. ELEGANT PALATIAL ESTATE, SITUATED ON 3.10 FLAT ACRES. THIS LUXURY CUSTOM HOME IS 10 YEARS YOUNG & BUILT W/ THE FINEST IMPORTED MATERIALS FROM AROUND THE WORLD. DUE TO HEAVY AMOUNT OF PHONE CALLS WE HAVE "FAQ WORD DOC" @ UR REQUEST W/ FULL DISCLOSURE LINK & HOME INSPECTIONS. VIRTUAL TOUR HAS 2 TOURS & BROKER TOUR VIDEO FROM 8/7/2013 ENJOY
Here’s why wahnny sent in this particular place:
Just came across this quite georgious estate.
Asking price is WAY less than its assessed value. Lotsa cauwlums and ornate finishings adorn the "10 YEARS YOUNG" 7500+sqft estate on 3+acres. Aside from overhead powerlines, rather small pool, and location on the fringes of the RBA, it might still incite a bidding war, as per AGENT INTENT.
Fringes of the Real Bay Area? Wahnny, this place isn’t even on the fringes of the Corridor of Not Quite. This house is firmly situated somewhere south of You Have Got To Be Kidding Me. The only advantage it has is that it’s only 22 miles to the Tesla Supercharging station in Gilroy. And if you can buy a house this size for the price of a gingerbread shack in San Bruno, of course you should expect some mawbul kawlums thrown in.
Plus there is a virtual tour. And a good thing there is, or we would never know that every office needs a throne.
As to that AGENT INTENT, here’s what the FAQ in the disclosures packet has to say about that asking price:
8. Why list so low?
Sellers are aware that neither appraisers, nor realtors determine what the VALUE or the final sales price of a home will be, it’s the BUYERS that determine the final price thus the new market value of the home. They wanted to market and list their home non-traditional and something innovative that would attract plenty of interest and one good offer that had the best price and terms.
Wait a minute, since when is announcing a day for offers to come in and picking the highest one considered “non-traditional”? In the RBA this is de rigeur!
Bunus: Not only does this property have a “well lien” because of the 3 abandoned wells onsite (seller can’t find two of them), there’s also an HOA for shared roads with voting rights based on property size. This home has an effective veto over the other properties because any vote must pass by 75%. So you could really make life interesting for four other homeowners!