Properties like this don't just grow on trees, you know. Unfortunately, neither do these kinds of losses nowadays...
27281 Paseo Peregrino, San Juan Capistrano, 92675
Asking price: $1,595,000
Asking price/ sq ft: $380
Income requirement: $398,750
Purchase price: $1,900,000
Purchase date: 9/7/2005
Size: 3 beds, 2.5 baths, 4,200 sq ft (built in 1982)
Income requirement: $398,750
Purchase price: $1,900,000
Purchase date: 9/7/2005
Size: 3 beds, 2.5 baths, 4,200 sq ft (built in 1982)
ZipRealty price tracker: Price Reduced: 5/25/07 -- $1,949,000 to $1,875,000
Price Reduced: 6/18/07 -- $1,875,000 to $1,775,000
Price Reduced: 8/08/07 -- $1,775,000 to $1,595,000
2006 property tax: $20,424
Type: Single Family Residence
Price Reduced: 6/18/07 -- $1,875,000 to $1,775,000
Price Reduced: 8/08/07 -- $1,775,000 to $1,595,000
2006 property tax: $20,424
Type: Single Family Residence
Style: Contemporary
Stories: Three or More LevelsLot size: 0.76 acres
From listing: WORDS CAN'T DESCRIBE THIS UNIQUE & EXCEPTIONALLY PRIVATE ESTATE. THIS OVER 4000 SQ FT HOME W/ 3 BEDROOMS 2.5 BATHS, FORMAL DINNING ROOM AND 3 FIREPLACES. LOCATED ON 33,000 SQ FT W/ FRUIT TREES, FOUNTAINS AND MEANDERING TRAILS THROUGHOUT YOUR OWN PRIVATE PARK. PROPERTY HAS SOME HARBOR AND WHITE WATER VIEWS. KITCHEN INCLUDES GRANITE STAINLESS APPLIANCES AND WINE VAULT. WALK IN SAUNA.
What a gem of a listing description. For a house that "words can't describe," they certainly spent a long time describing it. And how many bottles does it take before a wine cellar is big enough to have the honor of being called a wine vault?Second to last thing, I promise. What kind of sauna other than walk-in is there? Sit in? Isn't the point of a sauna that you walk inside and sit down?
Looks like this house is situated on a pretty extensive lot. Not to pile on too much, but does anyone else think the outside of this property bears a striking resemblance to the Saddleback College campus?
Assuming a sale at this price, the loss would be a rather noticeable $400,700, including 6% selling costs.
2 comments:
incredible. Ill take the land and maybe knock down the house and start over.
I think I had a dentist appointment there once. What an institutional home.
Now I am trying picture a sauna that isn't a walk in and all I can think of is box that looks like coffin.
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