Renovated and Ready to Be Flipped in Hope Ranch

Noteworthy new listings….

Much of the two-acre lot at 801 Via Tranquila ($8.499 million) in Hope Ranch is hillside, with the house alongside the slope; as a result, the main outdoor spaces are adjacent to the semi-circular driveway and wedged between the building and the hill. The 1987 house is nearly 5,000 square feet, but long and narrow, with an architecturally dated double-high living room. What the property has going for it is that it has been almost entirely redone. (The master bath got left behind.) Is turnkey still enough? Or will buyers begrudge the fact that the sellers paid $4.825 million eight months ago?

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$4.25 million is a big price for 706 Rockwood Drive ($4.25 million), given that it wants updating throughout. In its favor: the .64-acre lot has a “backyard gate that leads directly to 25 acres of Sheffield Open Space,” and a room that makes me want to look for the purple banana till they put me in the truck.

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The Riviera views at 17 Pueblo Vista Road ($4.295 million), off Las Alturas, are classic. The interiors are not as Mediterranean as one might fear, but the bedrooms look tight and the bathrooms could use a refresh.

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I love the front of 245 N. Arboleda Road ($2.945 million), a 1949 house in Hope Ranch Annex bought two years ago for $1.835 million. And the interiors appear to have charm. What I don’t understand is what the listing refers to as “a guest cottage […] located towards the rear of the property.” Judging from the aerial shot, the building is nearly as big as the main house and right in the middle of the lot.

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If I was the flipping type, I’d take a long look at 126 Morada Lane ($1.995 million), in Upper San Roque. It reminds me of 8 Celine Drive, which sold for $3.6 million after a spec reno.

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215 Santa Anita Road ($2.395 million) is one of those houses where the front looks more like the back. Love the stained glass window in the shower.

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And a few others worth checking out:
••• 734 W. Pedregosa Street ($1.395 million): 1923 Spanish with a perky fridge (above).
••• 326 W. Micheltorena Street ($1.425 million): 1913 Craftsman being sold as a teardown (or maybe fixer), and it’s not hard to see why. The poor thing has been ridden hard.
••• 999 Garcia Road ($1.995 million): Half-acre vacant lot on the Lower Riviera.
••• 3221 Lucinda Drive ($1.69 million): Is the Pissarro poster above the toilet a pun?
••• 93 Mallard Avenue ($1.05 million): The facade of the week (below).

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