Valley ...err Lunada Bay home hits the market!

Remember that bluff-adjacent "italian" home I blogged about here and here? Well, it finally hit the market (see photo below).  The home, which measures 5,297sf, sits on a bluff adjacent 15,700sf lot.  The lot itself was purchased for $1.5M the end of last year.  This mock-terreanean home is listed at $3.8M.  Some quick simple math - 5,297sf of living space plus 600sf of garage space is 5,897sf of gross space.  Assuming a range of $200 to $250/sf construction costs, that implies a total cost of $1.2 to $1.5M.  If we take out 5% realtors' commissions off the asking price, Mulligan and Co stand to make a tidy profit of between $600K to $900K.  Can't wait to see how (bad) the interiors look.  Stay tuned.

Updated! More pictures posted from MLS listing (see below).

The interior of the home is equally bland.  Its standard fare for spec builds in the area.  The ceilings look low for a new build - 8 or 9 feet, not the 10-feet you see in higher end builds.  The kitchen looks 'builder grade', ie whatever was on clearance at Home Depot.  The entryway looks poorly thought out and planned - a singular door that plops you right in front of the stairs - no double-height foyer, no particular architectural details, nothing.  This home is thoroughly uninspired.

KEY STATS

Location: Lunada PVE
Style: Italian
Year built:  2011
Architect: Jesus Meza
Square footage: 5,297sf
Lot size: 15,700sf (irregular)