It’s time for a visit to the East Bay! Yayyyyy! Let’s see what’s cooking on the always delightful Isle of Alameda. Burbed reader JL has quite a find for us today, so come on in!
HOA Dues: $2/mo.
1,980 Sq. Ft.
$497 / Sq. Ft.
Lot Size: 3,164 Sq. Ft.
On Redfin: 19 days
HOA Dues: $2/month
View: Bay, City Lights, Panoramic, San Francisco, Water
Community: Bayview Estates
BREATHTAKING PANORAMIC VIEWS abound from this spectacular contemporary home! Two awesome decks allow for enjoyment of this tranquil Bay setting. The open floor plan, gourmet kitchen, hardwood floors, skylights and a master suite with sitting area are some of the many features of this wonderful home.
Let’s examine the dispatch from JL.
This is "JL" in Alameda, bringing your attention to a crazily-priced home here. This 3bdrm/2.5 bath house just went on sale and is priced FAR over anything on this street has gone for in years — at $985,000!!
Granted, it’s a nice house with a great backyard, right out on the Bay. Also, it’s probably the nicest remodel I’ve ever seen of this 1960s-era house (there are a bunch with the same layout on this street). But you can’t remodel away the fact that it’s still stuck to another house! These homes are all "duets" or whatever you call them — two houses that share a wall.
The history for this house may shed light on the high price — the owners paid $1 million for it in 2005!!! Insane. So maybe they’re just trying to use the latest bubble to recoup some of their loss from the last bubble.
Anyhoo, thought you’d be interested! Keep up the good work! And please refer to me only as JL!
No problem, Jürgen, no problem at all! Oopsies! Let’s now take a look at what a “duet home” really means.
It’s not just that this is a house stuck to another house, it’s that they’re trying to pretend they’re two completely unrelated houses who just happened to be glued together completely by accident.