Thanks to Burbed reader Herve for this incredible listing. I wonder if the foreclosure tour bus stops here?
Sq. Ft.: 11,130
$/Sq. Ft.: $557
Lot Size: 21.18 Acres
Property Type: Detached Single Family
Style: Country English
View: Mountains, Valley
Year Built: 1939
Community: Woodside Heights
County: San Mateo
On Redfin: 64 days
Beautiful, English country manor – "Miraflores" – with sweeping views of coastal hills. 7 bed/8 bath main house with separate guest house. Rec room, wine cellar, workout room with sauna, custom wood bar, library. Stunning 21 acres features pool with waterfall & clubhouse, spa, barn, riding arena, tennis court, orchard, landscaped grounds. Garage for 6 cars. Las Lomitos schools.
This property has a number of things going for it. It’s an English Country Manor with a Spanish name. These are always a hit at parties where your guests will think you’re an uncultivated dilettante with too much money and no class. Also if any of your guests can translate the house name (Look at the flowers, you low-class rube), then they can try it. Good luck finding any. Any flowers.
Next, 10.5 bathrooms. Host a small dinner party and all of you can freshen up simultaneously!
Best of all, this house was foreclosed on April 15th. Both the IRS and the bank got a piece of this FB, but their loss is your gain, now with a 5% price reduction! Wouldn’t this be a great place for, say, a cellular antenna farm?
You might as well grow something on it, because despite being in Woodside, this poorly sited temple to the bubble’s excess is not in the Real Bay Area. You see, it sold in 1994 for $3.9 million. RBA property doubles every ten years, so it should be up to around $11.7 million now. But it languished on the market for over 8 months with no takers at $8.5 million. Even slashing the price to $6.5 million didn’t move this turkey (Thanksgiving is coming, you know!)
So the price was raised a small amount, and then lowered another 5% ten days ago. Won’t somebody please buy it? I bet if you do they’ll give you naming rights. Hint: English Country Manor. Consider something really posh (that means not in some foreign language), and you might get your $11.8 million after all.
How about Whitechapel?