Welcome to this version of "New To Market," our look at a listing with a reader vote. Consider this an unscientific way to take the buying pulse of a wary public. Feedback and nominees to the tipline, please.
A reader submitted this four-bedroom, three-and-a-quarter bath house in Highland Park after a $450,000 price reduction. The only problem is, the price reduction is larger than the last sale price, which was $425,000 in February 2004 (court records show there was a contentious legal battle between the deceased previous owner's wife and children over the estate, so that may explain the price). According to the listing, the house was built by Nathan L. Coleman & L. Purcell and features over 800 tiles throughout the interior and exterior. The house sits in a 1.6 acre lot with a "mature olive orchard & space to add guest houses." Today's asking price: $1.35 million or $499 per square foot. Listing is here and here.