After the Cut; Homes discounted up to 40% from the original price
The Wall Street Journal
January 15, 2010
DEL MAR, Calif.
A nearly 4,400-square-foot home with four bedrooms and three baths, on 0.32 acre 20 miles north of San Diego
DETAILS: This three-story home, built in 1950 and renovated in 1999, has ocean views and a pool. There's also a 30-foot long kitchen, a deck and patio.
BLUE-LIGHT SPECIAL: The asking price is about 40% less than the original $6.6 million price tag, in 2008.
CAFFEINE FIX: Stratford Court Café, less than a mile away in downtown Del Mar, brews its coffee continuously in the morning. A 16-ounce cup costs $2 including tax, and there are free refills.
FRIDAY'S FORECAST: Mostly sunny, high 73 degrees
SOURCE: Susane Roberts, Prudential California Realty, 858-361-9988, firstname.lastname@example.org; Realtor.com
A roughly 3,300-square-foot duplex condominium on the Upper West Side with two bedrooms and two baths
DETAILS: This new penthouse apartment, in a prewar building, has an eat-in kitchen, 11-foot ceilings and a terrace. The building has a doorman and roof garden.
BLUE-LIGHT SPECIAL: The original asking price in the fall of 2008 was $5.8 million, before a 27% price cut later that year.
CAFFEINE FIX: Alice's Tea Cup, about three blocks away, offers unusual black teas such as Cameroon Fannings, said to grow in an African volcano. Coffee's available too.
FRIDAY'S FORECAST: Mostly sunny, high 44 degrees
SOURCE: David Kornmeier, Brown Harris Stevens, 212-588-5642, DKornmeier@bhsusa.com
A more than 7,000-square-foot Spanish-style home with five bedrooms and seven baths, on 2.5 acres in a gated community
DETAILS: This 1998 home has two kitchens and mountain and valley views. There's a pool, putting green and tennis court, and there's also a 3,400-square-foot guest house with two bedrooms.
BLUE-LIGHT SPECIAL: The current asking price is a more than 30% discount from the original $5.9 million asking price two years ago
CAFFEINE FIX: The Pinnacle Peak General Store, less than five miles away, has a convenience store, post office, gas station and café, and grinds coffee beans for each pot it brews.
FRIDAY'S FORECAST: Sunny, high 72 degrees
SOURCE: Bob Hassett, Russ Lyon Sotheby's International Realty. — Juliet Chung
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