The week’s top price adjustments….
After nearly a year and a half on the market, 650 Picacho Lane (↓$4.95M to $17.5M) slashed its price by $5 million. (Interestingly, the tax assessment for the property has been above $20 million since 2005.) It’s quite the compound, with “approximately 12,000 square feet of livable space, including a separate accessory guest suite, pool house with full kitchen [pictured directly above and at the top], multiple garages, converted stables, saltwater/solar swimmers pool, sustainable vegetable gardens and citrus grove, running stream and koi pond, N/S pro tennis court and outdoor BBQ Ranch.”
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Every time I see the second photo above, I think 3196 Serena Avenue (↓$100K to $1.695M)—in Carp, on the other side of Toro Canyon—could be intriguing. The rest of the photos pop that balloon.
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Covid price bump: 1757 Glen Oaks Drive (↑$150K to $4.82M) started at $4.97 in April of 2019, eventually dropping to $4.67 million. Now it’s back at $4.82 million. The floor plan gives me pause; why not create a hallway to the guest-room wing rather than have everyone troop through the office?
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It doesn’t seem possible that the first two photos above are of the same house, 3719 Hitchcock Ranch Road (↑$55K to $1.55M). Anyway, for some reason it raised its price after six months.
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