That is in Hillsborough, we are not to far away from it.
Anyways they have been on the market for a little over a month. The seller bought in in 3/30/06 for 925k. It appears that they only have a first mortgage on it for 740k. I do not know what type of financing that mortgage is.
The same floorplan on Caneridge is priced about 150k less but it does not have the view that this one does. It also has a much much smaller lot then this one.
The home on Wooded Vista also has a smaller lot then Baypony but is a bit of a larger home and has an okay view as well. It is in escrow at a list price of 899k.
IMO all of these homes in this subdivision will come down pretty hard but it may take awhile.