Latest Headlines on OCRegister.com
[x] Close
Huntington Homes ~ Huntington Beach Real Estate Information
« Previous Post
Next Post »

Surf City’s million-dollar repos: ‘Palatial’ digs

February 26th, 2009, 3:00 am · 5 Comments · posted by Marilyn Kalfus, real estate reporter

This big Seacliff estate that backs into a private greenbelt in a gated community is listed at $1,589,000.

Foreclosed homes in Huntington Beach priced at $1 million-plus are relatively scarce, but they’re out there. This is the second in a series on ones we’ve seen recently.

Veteran Seacliff Realtor Barbara McCall said an investor picked up the 4,322-square foot house on a cul de sac when it went to auction last year, then put it on the market.

“At the price it’s at, I thought it would sell quickly,” McCall says. “Much smaller homes have been selling in the same price range. It’s going to be a terrific buy for somebody that wants a big house.”

But, she says, “The higher-end homes are getting punished because of the (difficulty getting) loans and the stock market — a lot of people have their downpayment in the stock market, and they’ve lost it.”

Redfin shows it was listed at $1,799,000 in December. Nearby listings have ranged from $1,699,000 - $2,499,000. Similar homes sold in the past six months have gone for $1,365,000 - $2,300,000.

The listing uses words like “palatial” and “amazing.” Wary of adjectives? You can check out the photos. CLICK to enlarge:

Details:

  • Location: 6182 Gleneagles Circle
  • 5 bedrooms, 5 baths
  • 4 fireplaces
  • Double ovens, wine fridge
  • Pool and spa
  • Media room
  • Music room
  • Library
  • 3-car garage

Here’s the Cyberhomes.com bird’s eye view:

Related:

Surf City’s million-dollar repos: Park view

Read more:

  • O.C. neighborhoods with the best home deals
  • There’s a “lot” to think about here
  • Report: H.B. homes stock shrinking
  • H.B. market snapshot: 251 condos available; 8 close
  • Surf City condo sells for $2,000!
  • Lender: 2 blips don’t mean a trend
  • Real estate investors get a spanking
  • H.B. home sales make whopping gain
  • Open house preview (Feb. 21-22)
  • Turf near the surf for $449K?
  • Surf City’s $2.79 million short sale
  • Priciest Surf City home drops by $1.55 million
    • Share this post:
    • email
    • Digg
    • del.icio.us
    • Facebook
    • Google Bookmarks
    • NewsVine
    • TwitThis
    Posted in: Foreclosures • On the market
     
    ADVERTISEMENT

    You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    Reader Comments
    Comments are encouraged, but you must follow our User Agreement.
    1. Keep it civil and stay on topic.
    2. No profanity, vulgarity, racial slurs or personal attacks.
    3. People who harass others or joke about tragedies will be blocked.

     5 Comments

    • Sue says:
      February 26, 2009 at 8:18 am

      Sure it’s a huge house, but it’s interior is very dated.

    • Aztek says:
      February 26, 2009 at 10:44 am

      I LOVE THE 80’s!!!! This looks to be a large sized house, but the interior and decor is hilariously dated. The floorplan and flow is hopelessly 1980’s, and there’s not much you can do about that.

      Easier to fix, but still a glaring error, is the fixtures and surface treatments that are also hopelessly out of style; the brass bath fixtures, the dated cabinetry, the cheesy light fixture soffits with cheap Home Depot fixtures, etc., etc. It would require a lot of cash and some minor construction to get this home out of the late 1980’s.

      What also isn’t helping, but is the easiest to fix, is the very dated interior decor in every room. The window treatments, bedding, furniture, art, furnishings, lighting, furninture, etc. all look old and frumpy and way behind the times. Any buyer willing to fork out the cash for this place has a lot of work to get the property into the 21st century. That would scare anyone away, especially when there are a ton of better looking properties on the market for less money.

    • Curious HB says:
      February 26, 2009 at 11:45 am

      @ Marilyn Kalfus,

      I am curious as to finding out the price a home sold for at auction that you posted about here:

      http://huntingtonhomes.freedomblogging.com/2009/02/05/these-surf-city-homes-are-about-to-be-foreclosured-25/17818/falkland-2/

      Is there a way to find out the final price it sold for?

      Thanks.

    • Troy says:
      February 27, 2009 at 12:51 am

      Wallpaper?!? Who the heck still has wallpaper? This older house actually has wallpaper on the walls that appears to have been there since Ronald Reagan was in the White House!! If they want their laughable 1.6 Million dollar asking price the seller is going to have to shell out some bucks to rip down the wallpaper and try and freshen up this house so it doesn’t look like the set from Charles In Charge or some other 1980’s sitcom. I loved The Bangles and Jelly Bellies, but that’s about all I will admit to loving from the 80’s. This seller really needs to bring this house into the 21st century if they want their inflated asking price.

    • JeffM says:
      February 27, 2009 at 10:43 am

      No one ever can claim that wealth purchases taste and class. The house is tacky and tasteless during the time of the decor’s era and excrutiatinly tasteless in its current condition.

      It would sell better empty.