I didn’t know who owned this house until I got back to HQ – nicest house I’ve ever seen in the tract. The highest sale on the street was $1,340,000 in 2007, so the list price would be about right (-24%). What has changed is how buyers feel about the oceanfront thing:
http://www.natives.co.uk/news/shaun-white-buys-3-85-million-beach-house-then-goes-surfing-video/5947
Cool. We found out last year that the Flying T grew up in the house one street over from us. Our neighbor has told us stories of the giant ramp they had in their backyard and all of the crazy parties!