4610 N Camino Real sold today for $775,000($182/sf).
It’s a very charming and nicely updated burnt adobe on a very private lot with a gorgeous backyard and a great guest house. And, with all that, it took about a year to sell because it’s also one of those rare foothills properties that are in a flood zone.
It’s a 2.2 acre lot and the flood zone cuts into just a sliver of the eastern portion of the property. But that puts it in the flood zone, and that requires flood insurance and all that makes it a tough sell.
And I wonder what it feels like when your house is in a flood zone and you’re having the kind of pounding rain storms we’ve had this winter.
Must be unsettling as hell.
For that reason alone it wouldn’t be for me.
