Coldwell Banker Tries to Sell a Cartoon House for almost $3,000,000 in Laguna Beach. No one bites.

[Mr Bluemove_IHB]

I've written about the 940 Hillcrest cartoon house on my blog for a while now - how it was a Coldwell Banker listing priced at (hold your laughter) $2,800,000. The original MLS listing didn't even have a picture of the house, it had a nice fancy cartoon drawn house drawn over the present house.



This was the ultimate bubble listing. It wasn't about the house that existed in REALITY - instead the brokerage wanted everyone to buy into a fantasy cartoon mansion that existed in the MLS. Is that where the value is ? In pretend homes? Can I buy that with pretent money? Gee, thanks, Coldwell Banker.

Now the cartoon house has been repossessed. For less than $1,000,000. Thoughts from the forum?



Lots more detail on this on my blog:



http://bluemove.blogspot.com/search/label/940hillcrest drive

 

[Gohabsgo_IHB]

Would you have the redfin link?

 

[Chuck_IHB]

Here is another similar listing in Newport Beach, in the Port Streets. The agent (who is also the owner) wants you to believe that this is a 6 bedroom, 5,600 square foot house. But in reality it is an original condition 3 or 4 bedroom house...but he did get an architect to draw a nice picture of this fantasy house! http://www.redfin.com/CA/Newport-Beach/1800-Port-Abbey-Pl-92660/home/4717069