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  • August 8, 2007 at 12:00 AM #9758
    cantab
    Participant

    MLS # 076056640
    5041 SAN JOAQUIN, SD – Pacific Beach, CA 92109
    List Price: $2,895,000
    Zillow estimate: $1,163,996

    Ok, it’s been lavishly redecorated, but still, it’s only 2022 sq ft and it’s the wrong side of the La Jolla line.

    All that fake stone is going to seem outdated as quickly as the fake stone that was fashionable in the 1960s.

    Any other candidates for most over-priced?

    August 8, 2007 at 6:47 AM #71674
    Critter
    Participant

    I present for your consideration:

    A beachfront property in Oceanside. Yes, it faces the ocean, but Oceanside is not La Jolla. In addition the “house” is 796 square feet and was purchased in 2000 for $599K.

    Current price tag: two and one half million…. $2,500,000.00.

    Redfin link:

    http://redfin.com/stingray/do/printable-listing?listing-id=892675

    BTW the price per sq foot pencils out to $3100.

    No photo – for that price tag and even as a tear-down, I would expect at LEAST a pic of the ocean it faces.

    August 8, 2007 at 6:47 AM #71789
    Critter
    Participant

    I present for your consideration:

    A beachfront property in Oceanside. Yes, it faces the ocean, but Oceanside is not La Jolla. In addition the “house” is 796 square feet and was purchased in 2000 for $599K.

    Current price tag: two and one half million…. $2,500,000.00.

    Redfin link:

    http://redfin.com/stingray/do/printable-listing?listing-id=892675

    BTW the price per sq foot pencils out to $3100.

    No photo – for that price tag and even as a tear-down, I would expect at LEAST a pic of the ocean it faces.

    August 8, 2007 at 6:47 AM #71797
    Critter
    Participant

    I present for your consideration:

    A beachfront property in Oceanside. Yes, it faces the ocean, but Oceanside is not La Jolla. In addition the “house” is 796 square feet and was purchased in 2000 for $599K.

    Current price tag: two and one half million…. $2,500,000.00.

    Redfin link:

    http://redfin.com/stingray/do/printable-listing?listing-id=892675

    BTW the price per sq foot pencils out to $3100.

    No photo – for that price tag and even as a tear-down, I would expect at LEAST a pic of the ocean it faces.

    August 8, 2007 at 7:10 AM #71678
    ocrenter
    Participant

    Critter, here’s the pics, enjoy!

    August 8, 2007 at 7:10 AM #71803
    ocrenter
    Participant

    Critter, here’s the pics, enjoy!

    August 8, 2007 at 7:10 AM #71796
    ocrenter
    Participant

    Critter, here’s the pics, enjoy!

    August 8, 2007 at 8:10 AM #71827
    Bugs
    Participant

    I occasionally surf out in front of that house, it’s just a few doors down from Junior’s house. That site backs to Pacific Street but it fronts the Strand and is beachfront.

    The $2,500,000 is (more or less) the lot value and the last time I looked at lot values down there on the Strand it was worth it. The excavation for the relatively big house is already done. Someone building on that lot would probably just have to redo the retaining wall and finish grade.

    August 8, 2007 at 8:10 AM #71820
    Bugs
    Participant

    I occasionally surf out in front of that house, it’s just a few doors down from Junior’s house. That site backs to Pacific Street but it fronts the Strand and is beachfront.

    The $2,500,000 is (more or less) the lot value and the last time I looked at lot values down there on the Strand it was worth it. The excavation for the relatively big house is already done. Someone building on that lot would probably just have to redo the retaining wall and finish grade.

    August 8, 2007 at 8:10 AM #71703
    Bugs
    Participant

    I occasionally surf out in front of that house, it’s just a few doors down from Junior’s house. That site backs to Pacific Street but it fronts the Strand and is beachfront.

    The $2,500,000 is (more or less) the lot value and the last time I looked at lot values down there on the Strand it was worth it. The excavation for the relatively big house is already done. Someone building on that lot would probably just have to redo the retaining wall and finish grade.

    August 8, 2007 at 10:07 AM #71760
    cantab
    Participant

    Here’s the link for the overpriced Pacific Beach house. It’s almost oceanfront–as in two miles away 🙂

    http://www.redfin.com/stingray/do/printable-listing?listing-id=967451

    August 8, 2007 at 10:07 AM #71876
    cantab
    Participant

    Here’s the link for the overpriced Pacific Beach house. It’s almost oceanfront–as in two miles away 🙂

    http://www.redfin.com/stingray/do/printable-listing?listing-id=967451

    August 8, 2007 at 10:07 AM #71884
    cantab
    Participant

    Here’s the link for the overpriced Pacific Beach house. It’s almost oceanfront–as in two miles away 🙂

    http://www.redfin.com/stingray/do/printable-listing?listing-id=967451

    August 8, 2007 at 10:34 AM #71780
    Critter
    Participant

    The listing states year built 2007. From that do we deduce the original structure was torn down and this is a completely new home?

    Do we further deduce that all costs to rebuild x3 are factored into the new price?

    What do you think the owners really spent to get this built?

    August 8, 2007 at 10:34 AM #71898
    Critter
    Participant

    The listing states year built 2007. From that do we deduce the original structure was torn down and this is a completely new home?

    Do we further deduce that all costs to rebuild x3 are factored into the new price?

    What do you think the owners really spent to get this built?

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