Santa Monica Snapshot: North of Montana, $5 Million Is the New Normal
Like Westside Bubble, we were surprised when listings broke through the $5-million barrier north of Montana in Santa Monica, and more surprised when the house in question sold above the asking price in, like, 11 minutes.
So no surprise here: another $5-million-plus listing in the People's Republic:
"No sooner did our $5.095M listing at 333 20th go into escrow than this house at 1221 Georgina was listed for $5.895M. Same 5 bedrooms and 6.5 baths. It's "Like-new!" Meaning it's not new. "Almost 6,000 sq ft on apx 9,680 sq ft lot on the best street north of Montana." Similar size to 20th."
More: "Is the name "Georgina" (named for the wife of Senator John P. Jones, founder of the city of Santa Monica) that magical? Is its backyard -- one lot from the traffic noise of San Vicente Boulevard -- that special? Is its typical north-of-Montana stucco-and-tile that lovely?"
Thoughts? E-mail story tips to lalandblog@yahoo.com
Photo Credit: Westside Bubble
I have some rich friends (not many) and not good friends but some are good people
but I have to say,
some days the rich are just annoying.
$5M for stucco on a busy street. Wow.
it is what it is
Posted by: Travelingman | June 19, 2007 at 10:39 PM