They say that, in real estate, it's all about location, location, location. That's especially true if you're a Silicon Valley worker who wants to avoid a horrible commute.

The 848-square-foot house at 1062 Plymouth Drive in Sunnyvale is in a great location for someone in tech, as it's about a 10-minute drive to the Google, Apple, LinkedIn or Yahoo! campus.

And it just sold for $2M, a mere $550K over asking, according to KRON4.

That is $2,358 per square foot, the highest price paid per square foot ever recorded by the MLS in Sunnyvale.

The two-bedroom, two-bath house sold in just two days of being on the market, reports listing Agent Doug Larson. He told KRON4, "Well [laughs], I was kind of blown away."

The new buyer does plan to live there. He is a young, single man who works in tech.

And he paid all cash for his new home.

The Mercury News writes:

Friday morning, a realtor called Larson and told him she was sending over an offer. Larson told her his client wasn’t accepting offers until the following Wednesday, but the persistent realtor refused to take no for an answer and sent her client’s offer that afternoon.

It was too tempting to pass up — $2 million, all cash, closing in 10 days. The seller was shocked.

“She said, ‘What?'” Larson said. “She was as taken aback as I was.”

Built in the 1920s as High Point, North Carolina's "Bureau of Information," this 36-foot-tall The Goddard-Townsend style dresser/building represents the area's furniture and hosiery industries (note the socks).

It is considered the world's largest freestanding chest of drawers, though down the street an 80-foot-tall bureau was created a few years back as a building's facade.

Now, for a mere $235K, this unusual High Point icon -- a commercial property -- could be yours.

(Pee-wee Herman, Old House Dreams)

first image via Google, second photo by Laurie Hlywa Read the rest

You could be the next proprietor of the Clown Motel in Tonopah, Nevada. Packed with kitschy-creepy clown figurines, paintings, and mannequins, it's conveniently located next to a cemetery with the graves of residents and prospectors who died of a strange plague in 1902. Reportedly the ghosts of some of those folks haunt the Clown Motel. You could own it for $900,000 so long as you contractually agree that the Clown Motel won't shut its doors. From Mysterious Universe:

The greasepaint ghouls came from Leona and LeRoy David, a brother and sister who built the motel in 1985 and chose the site next to the cemetery because their father was buried there. They put their small collection of clown memorabilia on display and ran the inn until 1995 when they sold everything to Bob Perchetti, whose family has lived in Tonopah for four generations and most certainly knew the haunted history of the motel and its clownish contents...

Seven-year employee Marlena Dufour says she’s seen apparitions and moving mannequin hands and has heard disembodied voices. Dufur told the Las Vegas Review-Journal that a guest had a room key mysteriously disappear. However, it’s the clowns that cause the most trouble. While many guests come dressed as clowns and enjoy the experience, others have walked into the office and screamed or fainted.

Read the rest

The United States General Services Administration is auctioning off six lighthouses, one on in Chesapeake Bay, Maryland and five Michigan's Great Lakes. Bidding starts at around $15,000 and there isn't much action yet! From Mental Floss:

Prospective bidders must agree to put down a $5,000 to $10,000 deposit on the lighthouse they’re interested in. They must also be prepared to renovate the house’s interior so it will meet the legal standards for public habitation. The actual property each lighthouse stands on will still belong to the government, but with the building no longer needed for its original purpose, the new owner will be free to transform it into a bed and breakfast, a summer home, or anything else they envision.

Read the rest

Between Las Vegas and Reno, there is a sleeping establishment like no other. It's simply called The Clown Motel and it's been deemed "America's scariest motel."

In 2014, Cory described it as follows:

Hundreds of clowns stare from every corner, the walls are hung with clown-portraits, and there is a "historic miners' cemetery" out the motel's back door, wherein rest the mouldering corpses of the victims of a mysterious epidemic that is only known as "Tonopah plague."

Now it can be yours for $900,000.

According to LasVegasNow.com, the motel's current owner (of 22 years) Bob Perchetti is selling it so he can retire, "I'm going to go fishing. I want to go enjoy myself. I'm going to do a little camping with the grandkids."

One condition of the sale: "the new owners can upgrade it but don't lose what the people love."

Wait, does that mean the clowns or the corpses? Either way, no thank you. Read the rest

This apartment house spans Beebe Plain, Vermont in the United States and Stanstead, Quebec in Canada. The owners, who have dual citizenship, put the fixer-upper on the market for $109,000. There are entrances from both Canada and the United States. From the Associated Press:

Beebe Plain is a community in the Vermont town of Derby, which along with Stanstead, about 60 miles (96 kilometers) northeast of Montpelier, or 75 miles (120 kilometers) southeast of Montreal, have become the cliché of security changes on the U.S.-Canadian border brought on by the 9/11 attacks on the United States.

Residential streets that used to be open were blocked by gates. The back doors of an apartment building straddling the border in Derby Line village have been locked shut. The street next to the Haskell Free Library and Opera House, deliberately built in both countries, is blocked by flower pots, although Canadians are still allowed to walk to the library's U.S. entrance without going through a border post....

Troy Rabideau, the U.S. Customs and Border Protection assistant port director for the area that includes Beebe Plain, said the agents know who live there, but keeping track can be a challenge.

"It's always a fine line," Rabideau said. "We do the best we can to keep an eye on it. We do what we have to do, security first, but we also want the support of the locals."

Julia Wick found a cinematic trailer for a Opus, a "$100 million "state of the art dream home" currently for sale in Los Angeles." The creators "wanted to do something really high art," she quotes a spokesperson mercifully left unnamed. [via JWZ]

The video was created by the Society Group—a luxury public relations firm whose "mission is to spark authentic conversations in society by intersecting the worlds of art + architecture + lifestyle"—along with a "celebrity developer," a high-end realtor, and "a french director who specializes in marketing luxury brands." We spoke to the Society Group's Alexander Ali over email for some more information.

It's all so Trumpian. Read the rest

Enjoy Joe Pitzo's charming, verge-of-tears tour of a house he recently inherited. Vertical video is surely the least of his NSFW sins. Now, it's true that one can never be sure anyone is who they say they are on the internet, but as a man of Italian descent, I do recommend a home inspector who has a nice ground-penetrating radar. We all cope in different ways. Read the rest

For $20 million, you could live in Grey Gardens, the East Hampton, NY home that starred with lovable eccentrics Edith "Little Edie" Bouvier Beale and her mother Edith "Big Edie" Ewing Bouvier Beale in the incredible 1975 documentary "Grey Gardens." (Watch the whole thing below!) Current owner Sally Quinn, the journalist and Washington socialite, bought the home from Little Edie for $220,000 in 1979 and restored it from its astoundingly squalorific state scene in the film. From the New York Times:

On a recent afternoon, Sally Quinn walked through Grey Gardens, her fabled summer home, one that has been the subject of both a documentary film and a Broadway musical, and passed by a glass menagerie of tiny kittens. The figurines had once belonged to Edith Bouvier Beale, better known as Little Edie, a woman of many cats, who for years lived in the house with her mother, known as Big Edie. Both were former socialites and relatives of Jacqueline Kennedy Onassis.

Restoring the home was not for the faint of heart, but Ms. Quinn was undeterred. In fact, she was smitten.

“‘It’s yours,’” Ms. Quinn recalled Little Edie saying to her. “She did a little pirouette in the hall and said, ‘All it needs is a coat of paint.’”

Read the rest

Larry Hall is developing luxury nuclear bunkers underground at an old nuclear missile site in Kansas. Hall says the Survival Condos, starting at $1.5 million, are "nuclear-hardened bunkers that are engineered… to accommodate not just your physical protection but your mental wellbeing as well." From BBC News:

Mr Hall says he has spent millions on providing the complex with every possible feature to keep residents safe both now and for an indefinite period, should a catastrophic event occur.

These include air and water filtration systems, a range of energy sources (including wind power), and the capacity to grow plants and breed fish for food supplies. Armed guards patrol the entrance.

There are many other features too, such as a cinema, swimming pool, surgery, golf range, and even a rock climbing wall. "It's like a miniature cruise ship," says Mr Hall.

He believes that luxury touches like these could help to explain a development that may seem a little surprising.

At first, he says, clients saw owning an apartment as "like life insurance", just something to be used in case of an emergency. But now some purchasers have come to regard their apartments as second homes, making regular use of them for weekends or longer breaks.

"Everyone comments on how well they sleep here," he adds.

Read the rest

More news on the Chinese crackdown on money-laundering and its impact on the global property bubble: the controls the Chinese government has put on "capital outflows" (taking money out of China) are actually working, and there's been a mass exodus of Chinese property buyers from the market, with many abandoning six-figure down payments because they can't smuggle enough money out of the country to make the installment payments. Read the rest

Built in 1982, this 4 bedroom, 4.5 bath home based on Snow White's cottage is for sale in Olalla, Washington. It's 2,800 square-feet on 7.52 acres and listed at $925,000. From Realtor.com:

There's not a square corner anywhere. Each door was hand built with extensive iron work. Wood beams were hand carved, stained glass windows are everywhere, and the walls appear to more like a magical cave. Perfect for a B & B or a wedding business.

Read the rest

Canadiana Village is an hour north of Montreal and sports 45 buildings that are intended to recreate rural Quebec life in the 19th century (though only one is habitable); and once served as a destination for school groups and film-crews. Now it's for sale for CAD$2.8M. Read the rest

My dear friend Bruce Tomb -- accomplished architect and creator of Maria del Camino, a "flying" art-car made from a 59 El Camino and a tank -- is renting out office space in his building in the middle of San Francisco's Mission District. Read the rest

For a year, six people lived inside a small dome on the desolate side of a volcano on Mauna Loa, Hawaii. The aim of the Hawaii Space Exploration Analog and Simulation (HI-SEAS) was to approximate life on Mars (albeit with much more surface gravity). This week, the team stepped out of the dome and National Geographic's Nadia Drake took a tour:

Inside the 1,200-square-foot habitat, they dealt with a 20-minute communications delay, limited water supplies, and a few strict house rules. But as we saw on a recent tour, this habitat is the lap of luxury for Martian hopefuls. And if this two-story house were on the earthbound market, it would be a total steal, considering that room, board, and utilities are all free....

Itching for some entertainment? The living room has a bookshelf full of Russian language guides, DVDs, astronaut jigsaw puzzles, and board games, which are perfect for a wild night on the mountain with your five favorite roommates. There’s also a virtual reality setup where you can explore 30 different environments, in addition to creating your own personal getaway.

Finally, Wi-Fi is already installed. Although there’s that pesky 20-minute delay, you can send emails, texts, and video messages, completely Comcast-free.

"Take a Look Inside a House Meant for Mars" (Nat Geo)

photos above and below by Nadia Drake

Read the rest

Gordon Tang and Huaidan Chen -- Chinese nationals who live in Singapore -- own a global property speculation and development empire whose US branch is called American Pacific International Capital Inc. They followed a recipe set out in a memo by Charlie Spies, a top Republican lawyer, in order to funnel $1.3M to Jeb Bush's PAC, then Tang offered a reporter for the Intercept $200,000 not to mention that he had been investigated for smuggling, tax evasion and bribery by the Chinese government. Read the rest

What to do if you've just signed up to work in one of the most expensive real-estate markets in the world, with almost all of your net worth tied up in illiquid shares in your employer's company? Just ask a Silicon Valley bank for a 100% mortgage, which they'll cheerfully supply on 24 hours' notice, with all the "white-glove service" trappings you could ask for. Read the rest