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Friday, April 2nd, 2010 at 4:55 PM

Grand Dame

Posted on Friday, April 2nd, 2010 at 4:55 PM in Jim TV, North County Coastal, REOs, Thinking of Buying? | 13 Comments » | Print Print You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Reader Comments: 13 Responses

  1. I can appreciate goofy, but that place is way goofy. It seems to me that the “left side” of the house is the original structure; the kitchen and “ballroom” were likely added on later.

    Having the dining area near the main entrance seems weird unless the prior residents didn’t use it much. Is there another entrance on the side more convenient to the driveway?

    Heck of a lot of landscaping; what’s the water bill like?

    ewhac | April 2nd, 2010 at 5:34 pm

  2. The potential renovation bill for this place would definitely scare the crap out of me, even if I did have the money to spend on it.

    The only question is: what’s more practical? Renovate? Or rebuild?

    As for the lack of a shower at the pool cabin, that’s easy to fix. Install it outdoors.

    Shower curtain optional. :D

    François Caron | April 2nd, 2010 at 5:39 pm

  3. What a great property. Too bad they went 2-story with all that space. I’d trade a view for not having to navigate stairs any day of the week.

    Art Eclectic | April 2nd, 2010 at 6:30 pm

  4. Having just a tub in the master bath is mega-goofy.

    Geotpf | April 2nd, 2010 at 6:57 pm

  5. Check out this song entitled: “I Need a Bailout!” I love the lyrics…
    http://www.youtube.com/watch?v=LFYYrQLro9c&feature=channel

    Susie | April 2nd, 2010 at 7:30 pm

  6. I have always loved this house. It really is one of a kind. 1 1/3 acre lot….stunning grounds….historic home, tennis court, gated entrance with long drive way, beautiful pool, a ton of fruit trees and rare specimens. Pool house, guest house…4 car garage….all with a ocean view and walking distance to Moonlight or Stone Steps.

    I would buy it! It would be a big renovation, but I would love to turn that property into what it deserves to be.

    If I only had that kind of money. It needs a ton of work…I would expand the master suite so it’s the whole upper floor, put in a movie/game room and restore the ‘old world’ style.

    One of my favorite properties in Encinitas.

    Joe | April 2nd, 2010 at 8:51 pm

  7. Hate the house, love the grounds. Figures that the house would be the protected part.

    Perhaps an “accidental fire”? Nah, I didn’t say that. ;-)

    tj & the bear | April 2nd, 2010 at 8:59 pm

  8. Love the house and the grounds, and if we had (many) millions of dollars to buy it and fix the layout (and everything else), we’d jump on it! :)

    That is going to be a lot of work, even after you’re finished with the remodel. The grounds alone would pretty much be a full-time job, then you have the cleaning and maintenance…

    CA renter | April 3rd, 2010 at 12:03 am

  9. This one definitely deserved 8 min. Nice vid

    Osidebuyer | April 3rd, 2010 at 3:16 am

  10. Under the Mills Act you can save up to 80% of your CA property tax tax bill with historical designation and preservation of this home…beats the 8k Obama rebate! 9 minutes well spent. If I had the reserves in place to finance this money pit remodel and 1k a month on water and gardener for life I would be in line with a 1.75M offer today with JTR!

    doughboy | April 3rd, 2010 at 7:24 am

  11. [...] The Realtor takes a walking tour of a 1.2-acre 3-building foreclosure for sale in Leucadia at a bit more than $1.8 million, half off its prior sale [...]

    Red County, California: 1.2 Acres in Leucadia, CA: Foreclosure Sale At Half Off | April 3rd, 2010 at 8:04 am

  12. Yeah, even at free, I don’t think I could justify this. It’s really a teardown, but the historical designation means you can’t do it. You’re looking at several hundred thousand dollars to bring it up to date. The top floor is a mess and needs to be almost completely rebuilt from the studs up (unless you plan to take a bath every day.) The second structure could also use a full bath, which means permits. Oy vey. That’s $1.8 million plus several full-time jobs. On the up side, if someone does buy it, it will create those jobs. Heh!

    -Erica

    Erica Douglass | April 3rd, 2010 at 11:33 am

  13. Forget the house…Jim the Realtor has exquisite taste in old trucks !!!

    Don Keefhardt | April 6th, 2010 at 2:21 pm

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