Another Lucky Repeater

By Dave Fratello | May 10th, 2012
Yet another near-fixture of the local market these past few years has a deal.

201 Larsson (3br/3ba, 3900 sq. ft.) is a bachelorish sorta-modern with a Miami Vice flavor, giving non-family buyers a lot of what they might want: Ocean views from the top of the hill, a big main floor for entertaining, including a pool and spa, a huge and utterly modern kitchen, grownup playroom with pool table and, separately, a substantial home gym.

201 Larsson has been offered off-and-on in 2009, 2010 and 2011, with prices as high as $3.3m and as low as $2.245m. The property racked up nearly a year's worth of DOM spread out over several listings.

Just last year, we were told there was a new motivation to sell, but the Fall 2011 listing flopped.

This year, Larsson came out $150k higher than its last (failed) price, dropped to $55k higher, $2.300m, and found a buyer. All in less than 2 weeks. (Have you heard this story before in 2012?)

Intriguingly, this would be the third sale of 2012 on low-activity Larsson. The others, for a refresher:

303 Larsson
303 Larsson (3br/2ba, 1800 sq. ft.) was overbid to $1.1m, closing in early February.

Neighbor 307 Larsson (3br/1ba, 1200 sq. ft.), a much smaller, more original house also got overbid, up to $885k, the sale closing in mid-March.

Neither was like the ocean-view bachelor pad down the street, but none suffered this year for the location.

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