299 Santa Paula Avenue
As we wrote ten months ago:

Asking $5,900,000 [in February 2009] and briefly in contract soon thereafter (“$5.4 is the number I hear“), the list price for 299 Santa Paula Avenue was reduced down to $5,249,000 before being withdrawn this past January.

The 11,000 square foot home at 299 Santa Paula returned to the market this past April with an official “one day” on the market and a new “original list price” of $4,950,000.
Today, the listed price was reduced another $251,000, now asking $4,699,000 or 13 percent ($701,000) under the rumored contract price a plugged-in reader reported back in 2009. Ay, caramba indeed.
∙ Listing: 299 Santa Paula Avenue (5/5.5) – $4,699,000 [MLS]
299 Santa Paula Avenue: Still Muy Sweet But Now Under Cinco [SocketSite]
Mi Casa Es…Muy Sweet (And Large): 299 Santa Paula Avenue [SocketSite]
Oh Santa, You Shouldn’t Have! (299 Santa Paula Avenue Cuts) [SocketSite]

8 thoughts on “Ay, Caramba As 299 Santa Paula Avenue Cuts Again”
  1. Still $9k in HOAs though. Ouch. That’s nearly half the mortgage payments. More, if there’s much down.
    And not even a concierge filling in for the bidet.

  2. The sale of 299 Santa Paula Avenue closed escrow today with a reported contract price of $4,400,000 for the 10,853 square foot St. Francis Wood villa.

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