Time for another delusional seller post.
12710 Canyonwind Rd is in the Orchard Estates tract off La Sierra blvd in Riverside. This is a nicer tract with most of the homes being built between late 80's and late 90's. This one says it was built in 2001, which seems odd since there is a sale listed in mid 2000.
The home is big and has all the bells and whistles. It's almost a poster child for over-upgrading. It has an awesome pool, it's own sand beach area (real sand), a pond, a fake grass golf hole, a theater, a trendy kitchen and built-ins galore. It's really a beautiful house, even if over cooked a bit. The house is 4799 s/f with 6 bedrooms and 4 baths. It sits on a nice 3/4 acre lot too. It has everything except a reasonable price.
I was looking at a very similar home about 6 months ago in the same area. Granted it was not as nice as this but it wasn't far off. Asking price of that one was $499k. There are two nearby homes listed in the mid to high 500s. Again they are not nearly as nice as this home and they are a bit smaller. But how much is all that stuff worth? $100k?, $200K? to some folks it's not worth anything. Who needs a pond, that sand beach just attracts the neighborhood cats to the biggest litterbox in Riverside. A theater, that's cool but it's mostly just a waste of space. Let's face it anyone who puts a theater in their house is just trying to impress their friends.
So what do you think he is going to get for his home? (keeping in mind the comps are in the $500k to $600k range. Actually, Redfin shows nothing selling for over $530k in this tract in the last year.
Would you like to see what the delusional owner thinks his version of Xanadu is worth? Brace yourself and swallow any liquids you may have just sipped. This dude thinks he can get $1.6 Million! Yes when the highest sale in the last year in his tract is $530k this guy asks for TRIPLE that. Who says hope is dead?
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We salute you, over upgrading-delusional seller guy. for without you, I would have nothing to write about tonight......