You don’t see too often – two quiet acres in the Rancho Santa Fe Covenant under $1,000,000. There were more defects to this property than were disclosed publicly:
Covenant Screamer
by Jim the Realtor | Jan 18, 2012 | Bidding Wars, Bubbleinfo TV, Frenzy, Rancho Santa Fe | 8 comments
Teardown. Someone will build a gorgeous $5M+ place on that lot.
Remind me in two years to go back for a look!
Did this house have propane and a septic tank? What are the ramifications of that, and can they be hooked up to city services and if so, is that ghastly expensive to do so?
Yes, propane and septic are the standard in the Covenant, with no city services available. Off the grid, baby!
10 offers! I bet they’ll be 20 before a week’s time. Let us know what happens, JtR…
Definitely a teardown. Betcha the buyers didn’t even bother to look at the house.
Wait…that was listed and sold within a day?
No, they let it run long enough to find their own buyer – it sold for $950,000.