6 Branding Iron Lane, Rolling Hills Estates, CA – Just Listed

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Rolling Hills Estates Homes Over 1 Acre
View the Property Details, More Photos, Map & School information here at the updated Single Property Website!

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Rolling Hills Estates Homes Over 1 acre in size are exceeding rare.

In fact at the time of listing this property for sale, there have been only 7 closed sales of Rolling Hills Estates Homes over 1 acre in size in the last 12 months.

The average price of such a home was $2,069,286 and the average sale price per square foot of Rolling Hills Estates homes over 1 acre in size was $549/sqft!

Well guess what, the price for 6 Branding Iron Lane is $1,495,000 or in dollar per square foot terms, $451/sqft. That is a deal that is hard to beat. I know what you’re thinking, “…If it’s too good to be true, it usually is…”

I get it, so what’s wrong with this property? While there have been around $30,000 invested to get some things fixed necessary to make the property ready for the owner to execute a reverse mortgage (and that is still in the works and may obviate the need to sell the house, so you should hurry to make an offer), the home is a significant fixer upper. However, I believe strongly that fixed up and remodeled, this home will sell as other remodeled Rolling Hills Estates homes over 1 acre in size for a price in the $2.5 – $3.0 million range. Here is my back up documentation for this: http://bit.ly/6brandingiron_comps Visit this property’s website to get more information http://www.bestpalosverdeshomes.com/rolling-hills-estates-homes-over-1-acre-6-branding-iron-lane/


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George Fotion
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Licensed In: CA
License #: 785373
6 Branding Iron Lane
Rolling Hills Estates, CA 90274
Bathrooms: 3 full
List Price: $ 1,495,000
Living Area Approx: 3315
Have questions? Ask me.