The lot is incredibly valuable.
ABC 7
A Silicon Valley house that went viral for its big price tag and tiny square footage will sell for significantly more than ask.
The studio apartment-sized residence on a cul-de-sac in Cupertino, California — the Bay Area city where tech titan Apple is headquartered — hit the market for an outsized $1.7 million earlier this month.
Built in 1948 and measuring in at just 384 square feet, the listing quickly went viral for being the size of a hotel room, yet commanding such a high asking price.
Barely a week after going live, though, the house has received offers and is under contract for “considerably over asking,” listing agent Faviola Perez told SFGate, declining to name the exact final price of the house. It’s the smallest to come on the market in Cupertino for at least a decade.
“It’s been an insane amount of attention that this little tiny house has gotten over the last week,” Perez told the outlet, noting that she and her listing partner have heard from interested buyers everywhere from New York to Chicago. “We knew we would get a lot of attention because of the location … But we did not foresee it going viral nationwide.”
A key part of the small abode’s appeal, she added, is that it’s set on extremely valuable land that’s ripe for development.
“The 7,841 sf lot itself offers ample space to bring your vision to life, surrounded by $4M-$5M homes, highlighting the exceptional value and investment potential at hand,” reads the listing. Perez told SFGate that, in all likelihood, the new owner will demolish the existing structure and construct a new, larger one in its place.
“[Even] with the acquisition costs on the lot and construction costs of a new home, [the new owners are] probably still under what their neighbors are at,” she said, emphasizing the lot’s surprising comparative affordability.
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The family of five relocated from Knoxville to New York three months ago — itself a move that’s typically made in reverse — settling into a four-bedroom Park Slope apartment.
OLGA GINZBURG FOR THE NEW YORK POST
In a pre-war Brooklyn building, Lisa Miller cheerfully opens the door in khakis and a white-laced top with socks on — no shoes from the outside allowed in, especially on the day of a torrential April downpour.
From the entry, Miller — a photographer and content creator — waves to her neighbor. She and her family already seemed acclimated to Park Slope and the people in it, despite the short time they’ve lived there.
The Millers have called a roughly 1,100-square-foot unit their home for just three months after giving up their spacious life in Knoxville, Tennessee. It’s a move not typically heard of, and particularly in the wake of 2020 uprooting the lives of many New Yorkers who headed in directions south seeking fewer restrictions, safety and cheaper prices. In 2024, the move in the opposite direction certainly goes to show that, for those seeking opportunities in a bustling atmosphere — such as this brood — New York’s still got it.
But despite the change in location, the family brought a sense of home and charm with them. Upon entering the four-bedroom, two-bathroom apartment, a whiff of a fresh ocean breeze scent fills the air — with Miller noting it’s one of Anthropologie’s popular Capri Blue candles.
Furniture and other items of decor are intricately placed throughout the railroad residence, as if this space has already been inhabited for years, not months.
“It’s my OCD,” Lisa told The Post of their new home already being perfectly furnished.
It’s a move that also shows will — an attribute that ties her family of five together.
During the pandemic and its aftermath, New York City witnessed a significant departure of residents. Between April 2020 and July 2022, the population of the Big Apple plummeted by nearly half a million individuals, constituting a 5.3% decline and erasing nearly three-quarters of the growth achieved in the preceding decade.
Factors attributed to the mass exodus the Concrete Jungle saw included high crime rates, affordability and space.
By contrast, the South grew during COVID, and accounted for a whopping 87% of the nation’s growth in 2023, though it holds just 39% of the population. Tennessee, North Carolina and Florida in particular have all received a number of new residents since the coronavirus years, and continue to do so.
Recent data also shows the family’s home of Knoxville, known as an up-and-coming city, is one of the fastest-growing mid-size cities in America.
More Americans are moving from large metropolitan areas to mid-size cities; Knoxville was among the top destinations, with 70% of moves inbound in 2023, according to a recent study released by Mayflower Transit.
And as opposed to Brooklyn, Knoxville offers the prime perk of space.
“In Knoxville, we had a full office, a studio, a dining room and an eat-in kitchen,” said Miller. “So by not having those things, that was probably a good 1,200 square feet there that we weren’t going to use anymore.”
Miller, along with her husband, Dusty, and their three children — 15-year-old daughter, London, and sons Cooper, 12, and Luke, 11 — signed the lease in November, though they didn’t actually move in until a month later.
The benefits of the move immediately became apparent.
“Our family has grown closer together since being here because we’re not going 100 different ways,” Miller said. “We’re all here together and there’s not as many people that we know here.”
Miller’s upbringing was somewhat different to the other kids she grew up up with, having moved from foster home to foster home.
“I grew up in a lot of really traumatic situations,” Miller said. “And so I always romanticized the city as this dream place. I was a creative as a kid. I drew, I sang, I didn’t start doing photography and decorating and stuff until I was older, but I’ve always been super creative and kind of saw New York as the stage for whatever that looks like for me . . . my whole life was like, ‘I’m going to live there.’”
Entering the cozy living room, neutral and color tones mix with an oversize couch to fit the whole family and a touch of vintage charm. Dusty, who works as a Department of Defense contractor, along with their daughter, London, join in on the conversation.
“I’m eating my way across the city and when we first moved here, adapting wasn’t as difficult as I thought it was going to be, because I told Lisa it was kind of like when I was in college,” Dusty said. “I lived in downtown Knoxville. You would park a car and leave it there for a month. You walk to class, you’d walk to get food . . . So when we first got here, I said, ‘It’s just like being in college all over again.’”
What initially motivated them to make this big move: London and her aspirations as a dancer.
“I love it here,” London said, adding that she took delight in dancing at Manhattan’s famed Alvin Ailey.
“We had never even talked about the possibility of moving here, until she spent last summer here, at the Joffrey Ballet,” Lisa Miller added. “She did summer intensive, and they offered her a permanent spot. The option was for her to come here on her own. We are very tight-knit family. That was not ever really an option.”
The move was also beneficial for Lisa and Dusty’s youngest son, who has autism.
“For a child like Luke, who is high-functioning on the autism spectrum, with some learning difficulties and social difficulties, we just could not find a fit for him in Knoxville,” Miller said. “The way people receive and accept him here is different than in Tennessee. We already feel like he is surrounded by support and people who see him as being different as something special and good.”
Despite each person admitting that leaving family and friends behind was the most difficult part of the transition, they have found New York to be its own support system in many other ways. What’s more, they can thrive in a beautifully decorated space.
For her part, Miller adds that her inspiration of creating the interior was to do the opposite of what was trendy.
“Years ago, I did home decor influencing on Instagram,” she said. “And, embarrassingly, it was like the farmhouse era. Everything was so trendy and so when we kind of started over, I was like, ‘I don’t want to follow a trend. I really want to just put things on the wall that are purposeful and meaningful.’”
One wall in her living room is adorned with vintage frames of black and white photography, and the images are pictures of her family she took herself. The wall also included a map of Knoxville, paying homage to the only other place they’ve all really ever known.
Each bedroom is decked with its own flare and style. Luke’s room displays his favorite collectible trinkets. Cooper opted for a basketball hoop as the centerpiece. London’s room has bohemian energy, with blue and green tones.
Still, there are some quotidian nuisances. The family sees grocery shopping in the Concrete Jungle taking some time to get used to. Unlike in Knoxville, they cannot just load up a shopping cart full of groceries into the trunk of their car.
There is also using the subway as their main mode of transportation, instead of the convenient car, and having to find more affordable options for meals.
Meanwhile, they are no longer homeowners. Instead of a reasonable mortgage, they are now spending more than $5,000 per month on rent.
“I think the trade off for what we were looking for, which were creative opportunities, was knowing that we wouldn’t be owning a home,” Miller said. “That’s not going to make sense to everyone. And that’s fine, because the beauty of life is that we all get to do what we want.”
And so, a fresh start for 2024 is already off to a roaring start.
“We have been in Tennessee for almost 40 years. My whole life. So it’s been neat to kind of go and experience, you know, the exact opposite,” Dusty added.
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An aerial view of the property.
Jeremy Swanson / Compass
A rambling estate in affluent Aspen has broken the record for priciest pad ever to sell in Colorado — but it likely won’t hold the title for long.
The Ranch at Owl Creek features 60 landscaped acres, views of all four of Aspen’s ski resorts and a closing price of a cool $77 million, the Wall Street Journal first reported. The property was sold by a Colorado-based LLC linked to the headquarters of the Lauridsen Group, which the Journal notes oversees companies in the health and nutrition space.
Not far from this property, however, hockey player Patrick Dovigi’s 4.5-acre compound is reportedly under contract for $110 million — meaning as soon as that deal closes, it will become the state’s record holder.
(Dovigi’s offering, built in 2006, features approximately 22,000 square feet, a main house and a guest residence. In sum, there are 11 bedrooms, a garage and a pool, the Journal reported.)
“This record-breaking transaction further cements Aspen’s position as a top-tier market for exclusive and prestigious properties, attracting discerning buyers from around the globe,” Compass’s Doug Leibinger, who held the ranch listing, told The Post. Leibinger, to the Journal, declined to comment on the identities of the buyer and seller.
The state record was previously held by a ski-in, ski-out residence, which sold for $76 million last year.
Bordered by 850 acres of green space, the ranch is primely located within minutes of the Snowmass and Buttermilk ski lifts, and a short drive to downtown Aspen.
Set at the end of a long driveway, the main house measures in at approximately 11,400 square feet, and has a home theater and wine cellar.
There’s also a guest cottage, a pool and a pool house with a glassed-in gym on the grounds.
The spread was initially listed back in 2022, for $70 million. That was before being removed from the market, renovated and then returned to it with a new price tag of $80 million in November 2023.
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A living area inside the just-auctioned residence.
Elegran Forbes Global Properties
The Smuckers got into a bit of a jam at the famed Plaza Hotel — but it turned out to be sweeter than sugar.
Tim and Jenny Smucker, the eighth generation of the famed fruit spread family, took a $1 million-plus hit when they sold their one-bedroom pied-à-terre at the hotel by auction — for $1.9 million, according to city property records. The couple had bought it for $2.95 million in 2021.
The apartment comes with a private terrace, which is rare for the Central Park-facing landmarked building, at 768 Fifth Ave.
Tim Smucker is the fourth generation to run the Ohio-based J.M. Smucker Company, which was founded in 1897 and whose jars are commonly seen along jam aisles in American grocery stores.
It could have been a sticky situation. But the financial hit has not soured the jammy family off the hotel.
In fact, the family loves the building so much that they bought a larger unit on the ninth floor for $3.7 million, Gimme Shelter can reveal exclusively.
That 1,212-square-foot residence comes with one bedroom, 1.5 baths and stunning Central Park views. It’s the largest one-bedroom in the building, with 12-foot-high ceilings, and a large living/dining room facing the park that’s primed for entertaining.
Details include herringbone hardwood floors, crown and floor moldings, and hand-painted walls. The bedroom boasts a walk-in closet and an ensuite spa-like bath.
The Smuckers bought the unit via an anonymous shell company, Spring Row Holdings, which is based in Akron, Ohio. The condo had been on the market for $4.25 million.
“It’s a buyer’s market. Prices have come down and there are great deals at the Plaza,” an insider said.
Listing broker Charlie Attias, of Compass, declined to comment.
Their new pied-à-terre is significantly larger than No. 508, which is 782 square feet — and whose terrace is 522 square feet. That smaller residence is extra quiet, since it faces the Plaza’s courtyard fountain and gardens. Inside, the condo also features old world details such as herringbone wood floors and crown moldings.
It is also next to the Astor Suite, No. 509, which John Jacob Astor, the Duke and Duchess of Windsor, President John F. Kennedy, ex-Facebook president Sean Parker and Esprit founder Jürgen Friedrich have all called home.
Both 508 and 509 were designed by S.R. Gambrel, an AD100 interior designer, who hired some of the same artisans that helped restore Windsor Castle in England.
The Smuckers hired an Ohio company, Kiko Auctions — which also sells tractors — to handle the auction, Gimme Shelter previously reported.
Eileen McGill of Elegran Forbes Global Properties was the listing broker alongside Peter R. Kiko of Kiko Auctions.
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A wealthy pair who spent years turning two Upper West Side townhouses into a mega-mansion — making enemies of their neighbors — have listed the lavish home for $85 million.
Paris-based businessman Pierre Bastid and his wife, jazz singer Malou Beauvoir, bought 48 and 50 W. 69th St., between Columbus Avenue and Central Park West, in Manhattan more than a decade ago for a combined $24.5 million — only to demolish both homes in 2018 and eventually build what neighbors have deemed an unwelcome monstrosity.
The roughly seven-year rebuild included significant excavation — much to the ire of locals who complained of the noise, dust, debris and toxic fumes from the site. Some even fled the neighborhood as a result of the pesky project.
Neighbors “awaken each morning to the jolting sounds and vibrations of jackhammers,” some residents wrote in a 2019 Change.org petition begging local officials to stop the project.
“We do not envision a megamansion or a swimming pool. Instead, we hear the steady digging of graves,” the locals fumed. “Figuratively and literally, we see our graveyards because of the various toxic fumes entering our homes and our bodies; as well as the death of our block, our street, and our neighborhood as we know it.”
The now nearly 20,000-square-foot home spans eight stories, including two underground levels and a 55-foot-long indoor lap pool that extends into the garden, listing agent Jim St. André of Compass recently told the Wall Street Journal.
If the property sells for its current listing price, it would be among the most expensive townhouses ever peddled in the Big Apple.
Bastid told the outlet that he had planned to make the mansion his primary residence but that “world and personal events” changed his plans.
He acknowledged that issues with neighbors have been “a major concern,” adding that his team had been in contact with local block associations.
“Once the foundation phase was over, the project team has remained in very good relations with neighbors,” he claimed.
But despite his assertion, neighbors continued to express fierce opposition to the project years into its construction, according to a 2021 article published on the local ilovetheupperwestside.com blog.
Three years into the project, residents shared their grievances on pieces of paper stuck to the physical construction site.
Photos of the complaints show they alleged “constant noise for years” and how the construction shook neighboring buildings and blocked the street to first responders and ambulances.
“The selfishness of these billionaires hurts my brain!” one person wrote. “Construction for years for TWO PEOPLE!!! Selfish, selfish.”
Given the harsh response from locals, “it would have been pretty awkward” for the couple if they had moved in, said Carol Xianxiao Liu, a lawyer who used to live in the area, to the Journal.
St. André declined to comment on the couple’s reason for selling, but a source told the outlet they had separated.
The current sales record for a city townhome was set in 2018 with the sale of the Wildenstein mansion on the Upper East Side for a stunning $90 million. The Wildenstein manse belonged to the art-dealing dynasty that once included Jocelyn Wildenstein, whose years of plastic surgery famously earned her the moniker “Catwoman.”
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550 Island Drive hit the market asking $39 million. It’s since been discounted to $32.5 million.
Brown Harris Stevens
An affordable shelter in the land of pastel polos and big bleach-blonde blow outs? Go fish. But for home hunters dead set on targeting pecunious Palm Beach, there is some relief in sight.
“We’ve had this frenzy of prices more than doubling over the last four years,” said Jonathan Miller, CEO of appraisal firm Miller Samuel. The good news? “Now we’re seeing pricing stabilize.”
It’s not that prices are dipping, exactly. There are far too few properties on the market for that to happen. But the onslaught of northeasterners, who swarmed South Florida during the pandemic in search of suntans and tax breaks, has slowed. As a result, buyers may find they have a little more to work with.
Roll your golf cart over to 550 Island Drive on Palm Beach’s Everglades Island to see the theory in action.
This roughly 5,000-square-foot home listed with Brown Harris Stevens in April 2023 for $39 million. Built in 1955, it has seven bedrooms, five bathrooms and a covered loggia with a fireplace overlooking a backyard with an infinity pool that borders 150 feet of waterfront.
Today, the owners are seeking just $32.5 million. That sounds swell until you realize that it sold for just $9 million a decade ago.
From here, cruise up North County Road to the historic home at 245 Dunbar Road, which hit the market last March asking $28 million, also with BHS. Featuring a large-for-the-area lot and a five-bedroom, five-bathroom main house, it’s a character-filled charmer. The verdant backyard, swimming pool and a four-bedroom, four-bathroom guest house are gravy. But more recently, its ask was slashed to $26 million.
The question becomes: With supply relatively low and demand relatively high — inventory is still down about 50% from pre-pandemic levels, according to Miller’s Q4 Douglas Elliman market report — why are we seeing price relief in the first place? The answer, according to Douglas Elliman broker Cara Coniglio McClure, boils down to sentiment.
The “emotional component” that drove the market throughout the peak of the pandemic “has been taken out,” she said. “Now, it’s shifted to just a normal, healthy market where the buyers have a little bit more power.”
McClure’s listing at 266 Alhambra Place in West Palm Beach is further proof.
The newly built contemporary-style home spans 6,200 square feet and has four bedrooms and 4½ bathrooms plus a guest house with an additional bedroom and bathroom. It was listed pre-construction in March 2022 for $6.5 million, but has since been reduced to $4.45 million.
Similarly, her 4,400-square-foot listing at 3101 Washington Road in West Palm Beach hit the market in late January 2023 for $7.5 million, but is now asking $6.9 million.
The three-bedroom, 3½-bathroom home dates to 1920 but has been fully updated with a kitchen with a Wolf range and quartz countertops, a backyard with a pool and a barbecue area, and a separate guest cottage with a bedroom and a full bathroom.
“Both listings were priced at the height of the market, and so there was a little bit of aspirational pricing,” said Lisa Wilkinson, McClure’s partner at Elliman. “I wouldn’t really say that our market is falling, it’s more that houses that were put on in the middle of COVID have had to adjust.”
While stabilizing home prices don’t answer the inventory problem, a wave of roughly 600 condos that will hit the market over the next four years in the area could. New condo buildings like Olara and Shorecrest — now selling units from $2 million and $1.3 million, respectively — are part of the large-scale redevelopment of West Palm Beach. However, don’t expect that supply to soak up the demand, said Holly Meyer Lucas, a real-estate agent with Compass.
She points to the thousands of people who followed high-paying jobs to the Sunshine State over the past few years.
“The people who relocated here are here to stay,” she said. “The people that are here right now — the teachers, the nurses, the everyday Americans that live in Palm Beach County — if they are still renting and they have the ability to buy, they have to buy something.”
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A panoramic view of Patrica.
Giamby/Wirestock Creators – stock.adobe.com
A national law has created a huge hurdle for offloading some historic, and very cheap, houses.
In central Italy’s medieval town of Patrica, a strategy to breathe new life into empty properties has hit a possibly insurmountable snafu.
Patrica recently adopted a plan that has seen success in other depopulated Italian areas: Selling off its deserted abodes for a single euro each — about $1.08 in today’s American currency — to those interested for a fixer-upper opportunity.
It may seem unique and unusual, but these opportunities have popped up in other parts of Italy in the past several years, all in an effort to repopulate the regions where these residences stand.
While the campaign has worked in towns such as Sicily’s Mussomeli and the Campania region’s Zungoli, Patrica has barely moved any properties. That’s because doing so requires permission from the current owners, many of whom left their homes in the early 1900s, according to CNN.
“We first need the availability of owners, or their heirs, in disposing of their old houses,” Lucio Fiordaliso, the mayor of the remote, approximately 3,000-person village, told the outlet of the Italian law that has significantly impeded the homes’ resale. “Only then can we place these properties up for sale with their consent, which makes the process very complicated. Almost impossible.”
(Towns that have been depopulated as a result of natural disasters, such as earthquakes, are not required to get owner permission to put abandoned buildings up for sale.)
Of Patrica’s nearly 40 abandoned residences currently selling for 1 euro, only two have traded hands, both fully owned by locals.
“The disposal of potential 1 euro homes faced a deadlock as most relatives sharing the same property were at odds with one another for personal reasons or couldn’t agree on the sale, some hardly spoke or knew each other, others lived in distant cities and even abroad,” Fiordaliso said, comparing the process for finding heirs and getting them to consent to their near-worthless home’s sale to “looking for a needle in a haystack.”
It’s a newly emerging challenge for these property sales, which have made plenty of news headlines over the last several years. However, despite the lure of a dirt-cheap purchase price, tens of thousands of dollars tend to be required for renovation costs, leaving certain new owners of such homes in Italy over their heads in work.
Meanwhile, Patrica’s turnkey listings have been moving, CNN reported. But still, Fiordaliso isn’t throwing in the towel on the old ones — even if it means continuing to wade into family feuds to acquire owner permission.
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The task, stemming from video game makers like Fortnite, is being performed by cutting-edge technology.
Shutterstock
Imagine if you could tour your dream home – from any place, at any day or time – before it has broken ground.
That’s exactly what real estate developers are testing.
The task, stemming from video game makers like Fortnite, is being performed by cutting-edge technology.
“It’s been a fascinating tool for us. And it really helps people who aren’t able to visualize buying off a plan, to seeing it not in real life, but in the virtual world where it’s 3D and you can actually walk through the space, and you get to sense the grandness of it all,” Related Group senior vice president Eric Fordin told Fox News Digital.
“It gives our sales team and their clients, the outside brokers, the opportunity to really showcase what a world-class product is going to look like,” he added.
The Related Group reportedly boosted sales after teaming up with Brazil-based METAoriginal, to create real-time, life-like renderings for two of Fordin’s South Florida condominium buildings that haven’t been built yet.
METAoriginal told Digital on background that it takes four to six months to finish a rendering and can cost anywhere from $500,000 to $1 million depending on the size and scale of the project.
The video game-inspired platform, called “Unreal Engine 5,” creates photo-realistic visuals and allows for client customization, changing the floors, furniture, or time of day with just a click.
It’s taken more than 12 years to perfect the technology, which has now been used by METAoriginal for 40 different properties.
“It’s true to life,” Fordin said of the technology.
“It was originally brought up to be used as a marketing tool, but we’re using it as a design tool where if we say, ‘No, we don’t like where that wall is sitting, it doesn’t look right. We want to adjust it,’ we can make that change on the fly.”
One of the most attractive aspects of the technology, according to the real estate expert, is that it doesn’t require virtual reality goggles to optimize the client’s experience.
“We wanted people to be able to come to a sales center or be in a space, be sitting on the couch… where they can just sit there and actually enjoy. It’s like watching a movie, so to speak, as opposed to having to put the goggles on and walk around the space and walk up, down, sideways and hope you don’t bang into a wall,” Fordin explained.
“If you’re wearing those goggles, you can’t have that one-on-one human interaction and connection.”
In addition to potentially saving time and money on the developers’ backend, Fordin pointed out that the tech also eliminates uncertainty for the client.
“I would say if there is a downside,” he said, “it gives them a point of indecision, whether they want this unit or that unit… and that’s not a bad thing for us. That’s a good thing because they come back and even after they’ve signed, they’re like: can I go back into my unit again? I want to see this. So it’s not only a good tour from a sales point, it’s a good reinforcement tool as well.”
Prior to any in-person construction or tours, Related Group’s Fisher Island property was reportedly 50% sold, while the luxury Bal Harbour condominium is north of 30% sold – however, Fordin isn’t concerned that the technological advancements could put his job at risk.
“I’m not worried of [sic] technology taking over my job. This is very hands-on, it’s a very person-to-person type of relationship. And I don’t see artificial intelligence coming and selling and running a project from soup to nuts. Doesn’t happen,” Related’s SVP said.
Fordin recommended other developers consider investing in the technology and expanded on “two sides of the coin.”
“It’s an amazing tool for sales and marketing purposes, but it’s an even better tool from a design perspective because you can see your design evolving before your eyes, before you put one shovel in the ground, which then will lead to change orders,” he said.
“Although it costs a good bit of money going in to get it started, it definitely has a payoff when you’re saving yourself on potential change orders down the line, and it’s helping you with your sales as well.”
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The Colorado home where JonBenét Ramsey was found dead in the 1990s has been taken off the market after a year without any buyers.
The notorious Boulder, Colorado residence where 6-year-old beauty queen JonBenét Ramsey was found dead in 1996 has once again failed to find a buyer after being listed for sale for over a year, The Post has learned.
The property, located at 749 15th St., listed on March 1, 2023 with a hefty price tag of $6.95 million. Despite a significant price drop of $701,000 to $6.24 million seven months later, the home remained unsold.
Now, one year after its initial listing, the house — which recently was the subject of a viral TikTok video — has been pulled off the market.
This marks the sixth time the property has been up for sale, each time hoping that extensive renovations would help prospective buyers look past its haunting past.
Ramsey’s murder, which remains unsolved to this day, captured the nation’s attention.
The outgoing child beauty queen was found dead in the basement of her family home on Dec. 26, 1996. She had been bound and strangled, leaving her community and the nation in shock.
The young girl’s body was discovered after her now-deceased mother, Patsy, made a frantic 911 call reporting her daughter missing. Patsy found a lengthy ransom note, leading her to believe her daughter had been kidnapped. However, the girl’s lifeless body was found by her father, John, in a rarely used room of the basement.
The Ramseys moved out of the home immediately following the murder. It was later sold to an investor group for $650,000, with profits pledged to the JonBenét Ramsey Children’s Foundation.
Despite efforts to move on from the tragedy, the property remains a somber reminder of a young life gone far too soon.
Built in 1927, this grand Tudor has seen numerous expansions over the years, including a substantial top-floor addition by the Ramsey family.
Now boasting an impressive 7,571 square feet, the residence spans three stories along with a finished basement.
Nestled in the upscale University Hill neighborhood of Boulder, the house occupies a quarter acre, comprised of three lots within walking distance of UC Boulder.
The home enjoys a verdant setting, with towering trees and mature landscaping providing privacy from neighboring properties.
Encircled by a brick and wrought-iron gated fence, added after the Ramseys’ ownership, the property was once shrouded in dense foliage, as evident from past Google street views.
However, recent landscaping reveals the home’s striking features, including its steep Tudor roofline, intricate gables and classic red brick facade.
Adjacent to the living area lies a sun-drenched solarium, a quaint breakfast room-turned-intimate seating area and a formal dining space, complete with French doors.
The kitchen, connected to the dining room, boasts black cabinets contrasting with a tan brick backsplash, professional-grade stainless steel appliances, and a center island with bar seating and a vegetable washing sink.
The second floor houses four bedrooms, including JonBenét’s former room, which boasts private balcony access. Additionally, a game room with a spacious terrace and a full bathroom offer ample entertainment space.
The listing highlights the home’s pièce de résistance: a sprawling 1,141-square-foot “penthouse primary suite” occupying the entire top floor.
The listing was repped by Jeffery Erickson and Ryan McIntosh of LIV Sotheby’s International Real Estate.
The Post has reached out for comment.
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Would you be willing to save a few hundred dollars on a car purchase if the seller seemed squirrely and didn’t have the title to the car?
Unfortunately, you will be on the hook for Joe Biden’s latest vote buying scheme to subsidize mortgages for houses with shaky titles.
In his State of the Union address, Biden proclaimed, “My administration is also eliminating title insurance on federally backed mortgages.” What could possibly go wrong?
Title insurance protects homeowners against financial loss if there is a defect in the title to their property.
“Wrecking ball benevolence” — my phrase in a 2004 Barron’s article that was quoted in a 2017 federal appeals court decision — leveled the housing sector.
As Rep. Patrick McHenry (R-NC), chairman of the House Financial Services Committee, declared in 2013, “Rank cronyism, Enron-style accounting and outright financial fraud made [Fannie and Freddie] so powerful and unaccountable that they were able to wreck our economy.”
Despite the debacles earlier in this century, Team Biden is championing “no clean title, no problem” mortgage loans.
Biden policymakers believe they are so smart that they can turbo-charge housing demand while removing the guardrails — and nothing bad will happen (except Biden’s reelection).
In lieu of title insurance, the Biden administration will approve granting subsidized mortgages based on “attorney opinion letters” that assert a lawyer believes someone owns a house.
Such form letters can now be purchased for $199 in some locales. This sounds on par with the $99 online deals selling “emotional support animal letters” people exploit to “prove” they need their dog, cat, kangaroo or squirrel with them at all times.
Having a page of pablum on fancy law-firm letterhead will be no competition for a clean deed — or a tangled land dispute that could go back generations.
A recent report by FundingShield found that home title fraud risk “reached an all-time high” late last year.
The title insurance waiver is part of a blizzard of housing interventions to portray Biden as a savior.
But foolish federal policies have made homes less affordable than ever before.
Subsidized mortgages helped send home prices skyrocketing in recent years, along with the Federal Reserve artificially suppressing interest rates.
Since Biden took office, the average monthly mortgage payment for new home has almost doubled, reaching $3,322 per month.
Not to worry: Uncle Joe is on the case! The White House announced on March 7 that “President Biden believes housing costs are too high.”
Biden is also pushing Congress to approve a $10,000 tax credit for middle-class, first-time homebuyers, a $25,000 handout for down payments for first-generation home buyers and a $10,000 tax credit to “middle-class families who sell their starter home, defined as homes below the area median home price in the county, to another owner-occupant.”
Why not also provide a $5,000 grant for homes with lawn signs for Democratic candidates?
Who entitled the Biden White House to pick winners and losers in the housing market?
Almost all of Biden’s housing “reforms” are in the direction of greater recklessness.
There was a brief uproar last year when Team Biden announced that home buyers with good credit scores will be forced to subsidize buyers with bad credit.
But that was only the tip of the iceberg. Author and appraiser Jeremy Bagott warns that thanks to Biden policies, Fannie and Freddie “have been pushing to eliminate critical checks and balances in a radical experiment with US taxpayers’ money and the US economy . . . scrapping or weakening long-accepted underwriting safeguards like standard FICO scoring, title insurance, mortgage insurance, downpayments and appraisals.”
Biden administration officials sanctify their power grabs by prattling about closing the racial homeownership gap.
But minorities cannot afford any more favors from Washington. The 2008 housing crash slashed in half the average net worth of black and Hispanic households, setting millions of people back an entire generation.
More families lost their homes during the 2008 housing crash than lost homes during the Great Depression in the 1930s.
Rather than waiving title insurance for federally backed mortgages, the feds should finally pull the plug on Fannie and Freddie.
Those entities have officially been in “federal conservatorship” since their 2008 bankruptcy. They should have been euthanized long ago.
Biden’s latest proposals vivify how Washington policymakers learned nothing from their previous housing debacles.
There is no reason not to expect politicians and bureaucrats to again whipsaw the housing market they claim they’re rescuing.
Unfortunately, reckless economic policies can be good politics as long as the damage does not surface until after the next election.
James Bovard’s latest book is “Last Rights: The Death of American Liberty.”
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