January 16, 2012

Huge price reduction in Los Gatos!

Today’s find is a high-end listing, courtesy of Burbed reader Overheard in San Carlos.  Now, if you read yesterday’s feature based on price tiers in the SF Case-Shiller Index, you might be thinking that means a property that costs more than $579,803.  This property indeed qualifies as costing more than not a lot of money.

16100 GREENRIDGE Ter,
Los Gatos, CA 95030
$2,900,000

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BEDS: –
BATHS: –
SQ. FT.: –
LOT SIZE: 36 Acres
PROPERTY TYPE: Residential Land (Single Family)
VIEW: Bay, Green Belt, Mountains, Canyon, Neighborhood, Valley, City Lights
COMMUNITY: Los Gatos/Monte Sereno
COUNTY: Santa Clara
MLS#: 80930783
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 934 days

The finest estate land left in Los Gatos with unparalleled privacy, views and proximity to Town amenities. 36 pristine acres just minutes from downtown. Potential for subdivision with multiple view lot possibilities. Adjacent to the desirable Highlands of Los Gatos subdivision. Fresh air, wildlife, beautiful oaks, privacy with views of the valley, city lights, and views all the way to the Bay.

Here’s what OSC had to say about this property flyer.

Wow.. having to reduce a property’s price by over 50% to get it sold is NOT something to brag about…

greenridge

Price slashed 50%, after two and a half years on the market. If you’ve been waiting for a big open space to hide lots of bodies, this could be what you’re looking for!

Comments (8) -- Posted by: madhaus @ 5:05 am






December 24, 2011

Your Holiday Weekend Open Thread

Last year, when we wished everyone the best wishes of the Season, we suggested you buy a house for some of your loved ones.  Looks like somebody took us seriously.

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Look at the last bullet on the flyer:

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imageSome home buyers purchase homes as gifts.  Hmmm, maybe by “some” they mean “I read this on a Real Estate website.  Therefore, somebody somewhere out there must have actually purchased a home as a gift.  Given that my income is about five percent of what it was in 2005, I will suggest almost anything to increase it in hopes that there is at least one suggestible person out there sitting on carloads of cash.”

Well, sure, this is a Bay Area real estate website, and we did indeed suggest buying a homes as a gift.  Whether these agents understood we were using the literary technique of humorous exaggeration to make a point is one of life’s eternal mysteries.

This is an Open Thread.  How many houses are you planning to purchase as gifts?  Are they all in the Real Bay Area?

Comments (1) -- Posted by: madhaus @ 5:04 am

November 5, 2011

Special B-Ballin “Bunus”: Granite Bay Exclusive

We try to avoid running extra articles unless we have to, but this was too good to pass up.  You really don’t want to miss this EXCLUSIVE because the deadline is next week.  Many thanks to Overheard in San Carlos for passing this along.

bballin

imageHere’s what OSC has to say about this opportunity!

I know this is not in the RBA, but damn…what a concept!!   Are they going to wheel Meadowlark Lemon out in a wheelchair?  Does that count as the 1v1  ????

Wait, Granite Bay isn’t in the RBA?  Then where is it?  And why does the virtual tour make me so dizzy?  Check this house out more on Redfin, and let us know if you and your financial planner/family can beat Curly in a La-Z-Boy.

This is an Open Thread.

Comments (4) -- Posted by: madhaus @ 4:59 am

November 2, 2011

Goraeous Custom Built Home with Sodhisticated Stule and Eleaance

Thanks very much to Burbed reader Tuxxi for this find, adjacent to the “Holy crap, this place is full of armored personnel carriers with SWAT teams carrying assault rifles” neighborhood in Sunnyvale (formerly known as Birdland Neighbors).  Or is that Occupy Sunnyvale?

 

952 MARION Way, Sunnyvale, CA 94087
$1,549,000

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BEDS: 4
BATHS: 3.5
SQ. FT.: 3,600
$/SQ. FT.: $430
LOT SIZE: 9,424 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 2
VIEW: Neighborhood
YEAR BUILT: 2011
COMMUNITY: Sunnyvale
COUNTY: Santa Clara
MLS#: 81139592
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 27 days

Gorgeous Custom Built Home * Formal Living & Dining Area, High Ceiling, Gas Fireplace * Gourmet Kitchen w. Cherry Cabinets, Granite Counters, Large Island, Family Room * Office w. French Doors * Master Suite w. Jacuzzi Tub, Double Vanity, Walk In Closet * “Jack & Jill” Bedrooms & Den Upstairs * One Bed/Bath Downstairs * Cherry Hardwood Flrs * Crown Molding * Coffer Ceilings * Milgard Windows * Beautiful Attention to Detail!

There are two reasons Tuxxi sent this in to Burbed.  First, the neighborhood.  Serf hut next door, check!

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Beautiful view across the street, check!

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I even attempted a drive-by to find some reported appliances on a front lawn, but didn’t have any luck with that.  I did, however, find this “Persian Palace” a block away.

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And by Persian Palace, I’m not saying the owners are from Iran; the term has come to mean an overdone (for the neighborhood) new home with unrelated design elements, the more, the “better.”  While this place doesn’t have mawbul kawlums, it was the fountain and the lions that made me notice it, and I don’t mean “notice” in a good way.  This is Beverly Hills flats wanna-be in a really hinky part of Sunnyvale.  Think Rancho Rinconada, but with lousier schools.

imageIn fact, the entire neighborhood is a complete mishmash of construction projects, McMansions, crapboxes, and “pride of ownership” fifties ranchers, so in some bizarre way the above house isn’t as awful as it could be.

But back to the featured house.  Tuxxi collected the flyer and it’s the second reason this place is on the front page today.

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Take a good look at the tagline for this place:

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imageThat attention to detail will is what you’re paying 6% of $1.5 million for.  Meanwhile, I’m wondering, a mil and a half for SUNNYVALE?  A mil and a half for SUNNYVALE with SANTA CLARA SCHOOLS?  A mil and a half for Sunnyvale with Santa Clara schools and NO SIDEWALKS?  A mil and a half for Sunnyvale with Santa Clara schools with no sidewalks OR CURBS?

I cannot wait to meet the buyer who thinks this is a DEAL, because I plan on doing a lot of business with whoever that is.  I don’t even know what kind of business, I just know it’s going to be very profitable for one of us.

Comments (17) -- Posted by: madhaus @ 5:06 am

February 19, 2011

Reasons to buy NOW!

Reasons To Buy Now

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Thanks to Burbed reader Alex for this find from Dr. Horton… I mean… D.R. Horton.

No Tax Deductions! Sweet! There’s nothing like getting a tax deduction for paying interest to a bank!

How would you rewrite this ad for Dr. Horton?

Comments (22) -- Posted by: burbed @ 5:04 am