And Then There Were 4

Posted by Dave Fratello on Thursday, November 13th, 2008 at 9:50pm.

It has been more than a year since 1212 The Strand (pictured) sold for $10.7 million.

If we're not wrong, no MB homes on The Strand have been offered publicly for sale since then.

And now, quite suddenly, there are 4 options on The Strand, 3 of them just listed this week.

None is as big and polished as 1212 The Strand, a very sleek modern that offered 4br/5ba, 4600 sq. ft. on a 3300 sq. ft. lot.

At least 2 of these are lot sales, and a third could go either way – someone may adopt the existing structures, or not. Just one is move-in-ready for the average $7m+ buyer.

Click on any pic in this story to enlarge.

As always, click any highlighted address for more pics & details via Redfin.


204 The Strand is a teardown – a 3300-sq.-ft. lot that will set you back $8.2m just for the dirt.

A new, neighboring home at 2nd/The Strand is being built now, and two doors to the north is the famous (infamous?) triple-lot-merger mega-home, also under construction. So what's a little more construction in the area for the next 2 years or so?

You are in for $11m or so by move-in day, 2011.


2700 The Strand is a newer (2006) condo with 2br/4ba and 2800 sq. ft. of living space.

The corner-lot location fronts the Strand and runs along the grassy park now known as Bruce's Beach.
Extra bonus: The officially-not-private putting green on the west side of The Strand belongs to, er, is maintained by, this homeowner, so you get that nice perk.

Downside, permanent: You share a wall with the folks at 2702 The Strand.

Downside, temporary: Bad timing on this listing – a gigantic, invasive sewer repair project is under way on the park land and Strand area just to the south. It's disruptive and blocks the views. However, given that the subterranean sewage pumping plant here was the source of a massive sewage spill in Jan. 2006, the repair must be viewed as welcome.

2700 The Strand is listed for $6.9m, nearly $2,500/PSF. (The PPSF on 1212 The Strand was $2326.)

3216 The Strand is an older home with separate rental unit. Total square footage is listed as 6br/5ba, 3600 sq. ft. The lot is a big larger than some others at 3500 sq. ft.

Though it's touted as "charming and livable," with upgrades within the past 10 years, 3216 The Strand is listed "for lot value" at $7.3m.

Note the difference of $900k here, compared with the start price at 204 The Strand.

You're still in for $10m+ to move in.

3404 The Strand is a custom, Spanish-style, 2-building home on a 3500 sq. ft. lot.

This is probably the toughest nut of the bunch. Here's a home with individuality and character that deserves some love. Update it, and you have a true MB home, standing apart from the encroaching ultramoderns and Mediterraneans and all that.

But a listing that starts at $7.8m is not reaching a lot of fixer-upper types who want the compromises that come with someone else's 1970s-vintage custom home.

We've seen nicer homes knocked down in the name of progress, and they weren't sitting on $8-million-dollar dirt.
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