Could anybody explain to me

[Eugene]

Could anybody explain to me what’s the deal with this

http://www.pardeehomes.com/carmel_country_highlands/carriage_run/movein_ready/

3br, 1985 s.f. on a 3400 s.f. lot, asking $847,625.

What exactly makes this area (or this house?) so incredibly attractive that the builder honestly expects someone to pay this mind-numbing price for a small house on a tiny lot?