Not every coming and going among local RE listings deserves a mention, but today, two do.
It's hard to believe, but it was more than 300 days ago that a double-lot on a flat walkstreet was proposed for a mega-new dream home project at 412 8th
. (That's an artist's rendering of the possible new home on the right.)
MBC wrote that up in "2 Are Better Than 1
," openly wondering whether maybe a "Hill Section home" like this one really belongs in the Hill Section, not on a cozy walkstreet near downtown.
The project has been listed at $8.5m
all along, but it canceled Monday. We're not sure why; will report back when we know more.
One high-end loss was met by another high-end gain.
There's another new Strand listing: 2920 The Strand
(7br/7ba, 5675 sq. ft.).
It wasn't so long ago that we saw zero listings on the beachfront. Nothing was for sale, or homes were sold off-market. Options keep growing now.
2920 is the biggest (home size and lot size), the oldest (1988 build) and the, achem,
cheapest of 3 roughly similar Strand listings, coming out of the gates at $12.5m
. Check that decimal point – yes, $12.5m.
The others are a resale at 1800 The Strand
) and a new home at 3516 The Strand
). (See "Another Week, Another Titan
Worth noting: 2920 The Strand was purchased somewhat recently – in July 2006, for $9.0m
. Yes, that'd be a 39% markup over the 2006 price. Great deal?