Hard to believe, after all the trouble it had to sell, but 1304 Morton is back on the market
Check out this recap post
for its sad history, captured in spotty but gory detail on Redfin
For reference, the current MLS(r) ID is 40499154 and the new list price is an eye-popping $1,329,000. The photos on Redfin are something else--get a load of the recording room with the built-in guitar-hanger niche
, and the totally over-the-top home cinema room
If I wanted a studio or a high-end movie theater in my house, I would want to have them built to my specs so I could pick out the components, layout, furniture, etc. The only reason I can think of to spend $400,000 over last year's price to get someone else's vision of those rooms is if I wanted those things but didn't have the cash to have them built, and so I'd want to roll their cost into my mortgage. But my sense is that this Victorian enchilada is going to have a hard time appraising out for an 80/20 loan--these kinds of "improvements" are so specific they rarely resell for what you spent on them. So any buyer is going to have to come up with some serious cash, and my contention is that any buyer with that kind of cash reserves isn't going to want someone else's dream theater/editing room/studio--they're going to want their own.
And it's not as though there's a penury
of seven-digit houses
) on the market; this house is now the priciest in all of 94501
There's no question this is a superb house, and now as a bonus you can record your hit album and shoot (and edit!) your videos in your swank Victorian palace. And there's a handy gas station 200 feet away
for your pyrotechnic effects. What's not to love?