I didn't write about an ugly, overpriced 1960s 2-level rancher on the lagoon at
604 Westline Drive (the $848,000 "jewel at Crown Beach" 4+3) when it came on the market a few months ago because, frankly, I much prefer to look at pretty Victorians. Its yard sign claimed the property was pending for a while, but it was
listed for sale on Zillow 7 days ago, so it might still be available. Shortly after 604 was listed, a big new-ish home at
514 Westline came on the market, and now a third listing has arrived in the past few days, so this brewing epidemic should probably be documented.
616 Westline is an ugly rancher with the following specs:
5 bedrooms, 3 bathrooms, 2 floors, 2,260 sqft, 3,650-sqft lot, MLS(r) #40396342, $779,000
$779000 / 5br - Five Bedroom Lagoon Home (alameda) (map)
Reply to: quinn@bayside-realestate.com
Date: 2009-02-27, 9:56PM PST
| Quinn Stone | Bayside Real Estate | 510-326-9697 |
616 Westline Drive, Alameda, CA | | Five Bedroom Home on the Lagoon
Open Sunday, 2pm - 4pm | | | 5BR/3BA Single Family House |
| offered at $779,000 | | Year Built | 1965 | | Sq Footage | 2,260 | | Bedrooms | 5 | | Bathrooms | 3 full, 0 partial | | Floors | 2 | | Parking | 2 Car garage | | Lot Size | 3,650 sqft | | HOA/Maint | $475 per year |
DESCRIPTION
Enjoy
your own private dock on the lagoon. Relax in the spacious master suite
or read a book on its lagoon-view balcony. The bright living/dining
room has a gas fireplace and double sliding glass doors opening on to a
balcony overlooking Crown State Park. Sunsets are spectacular!
A large interior laundry room with sink makes laundry a snap. The
versatile bonus room offers many possibilities. Convenient attached 2
car garage with interior access.
Across the street from Crown State Park and Beach, close to Webster Street and Towne Center shopping. | | | | | | |
It's plenty ugly, although the inside redeems the exterior a bit:
604 Westline (now pending) has the following specs:
4 bedrooms, 3 bathrooms, 2,300 sqft, 6,270-sqft lot, MLS(r) #40373937, $848,000
Grab your flip-flops and beach towel and head straight to this 4 bedroom, 3 bath home [...] just steps from the beach. A wall of windows offers views of Crown Beach and beyond. From the master suite, savor the views of the lagoon and boat dock.Built in 1965, this desirable home sits on an approximate 6,270 square foot lot [...] large bonus room with wet bar, built in vacuum system and dumb waiter. Yes, the kitchen is on the second floor [...] The beautifully landscaped gardens offer a quiet retreat. [...]
It is just as ugly, with that loathsome, hideous,
despicable stone-chunk chimney typical of that
tasteless era:
604 has one fewer bedroom than 616, yet it was priced $69,000 higher; the lot is larger, but not $69,000 larger.
Interestingly, 604 has probably been owned for a long time (I couldn't find its
sale history), but
616 is a much more recent transaction:
Sales History
Sale History & Tax Info
| Sale History |
| 07/29/2005: |
$840,000
|
| 04/07/2000: |
$381,500
|
| No other sale data is available |
Assuming it sells at its excessive list price of $779,000 ($344 / sqft), and 6% commission for the agents, we're looking at $108,000 down the lagoon in just 3 1/2 years, which works out to about $80 per spectacular sunset. From that perspective, the longer it stays on the market, the cheaper the sunset (assuming a constant list price).
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