Hat tip FatWallet Poster.
356 PLAZA ESTIVAL, San Clemente, CA 92672
! *s-m-o-k-i-n - h-o-t - d-e-a-l* * good location, does not back - ($40k in u-p-g-r-a-d-e-s) s-e-l-l-e-r - h-a-s - e-q-u-i-t-y = quick escrow. Granite slab counters w/ full back splash & breakfast counter. New kitchen cabinets, newer sinks, faucets, appliances,..+ 2 remodeled baths w/ granite counters, sink & hardware, new toilets, granite shower & new plumbing * today’s high temp. 72 degrees * walk to beach, only 1/2 mile to pacific ocean. Interior location 
Price Reduced: 06/21/07—$575,000 to $525,000

Price Reduced: 06/21/07—$525,000 to $524,900

Price Reduced: 06/24/07—$524,900 to $524,750

Price Reduced: 06/26/07—$524,750 to $524,600

Price Reduced: 06/27/07—$524,600 to $524,500

Price Reduced: 06/28/07—$524,500 to $524,400

Price Reduced: 06/30/07—$524,400 to $524,300

Price Reduced: 06/30/07—$524,300 to $524,200

Price Reduced: 07/01/07—$524,200 to $524,100

Price Reduced: 07/02/07—$524,100 to $524,000

Price Reduced: 07/03/07—$524,000 to $523,900

Price Reduced: 07/08/07—$523,900 to $523,600

Price Reduced: 07/08/07—$523,600 to $523,200

Price Reduced: 07/09/07—$523,200 to $522,900

Price Reduced: 07/10/07—$522,900 to $522,800

Price Reduced: 07/10/07—$522,800 to $522,200

Price Reduced: 07/11/07—$522,200 to $521,700

Price Reduced: 07/12/07—$521,700 to $521,200

Price Reduced: 07/13/07—$521,200 to $520,500

Price Reduced: 07/14/07—$520,500 to $519,500

Price Reduced: 07/16/07—$519,500 to $518,500

Price Reduced: 07/17/07—$518,500 to $518,000

Price Reduced: 07/18/07—$518,000 to $517,000

Price Reduced: 07/19/07—$517,000 to $516,000

Price Reduced: 07/20/07—$516,000 to $513,000

Price Reduced: 07/23/07—$513,000 to $512,000

Price Reduced: 07/25/07—$512,000 to $511,000

Price Reduced: 07/26/07—$511,000 to $509,900

Price Reduced: 07/27/07—$509,900 to $508,900

Price Reduced: 07/28/07—$508,900 to $507,900

Price Reduced: 07/29/07—$507,900 to $506,900

Price Reduced: 07/30/07—$506,900 to $505,900

Price Reduced: 07/31/07—$505,900 to $504,900

Price Reduced: 08/01/07—$504,900 to $504,000

Price Reduced: 08/02/07—$504,000 to $499,800

Price Reduced: 08/03/07—$499,800 to $495,000

Price Reduced: 08/04/07—$495,000 to $485,000

Price Reduced: 08/05/07—$485,000 to $479,900

Price Reduced: 08/08/07—$479,900 to $479,500

Price Reduced: 08/11/07—$479,500 to $479,250

Price Reduced: 08/16/07—$479,250 to $478,900

Price Reduced: 08/18/07—$478,900 to $478,888
Last Sale:  10/30/03 

Sales Price:  $400,000

This one is interesting only because they hit the magic number once the jumbo loan issues came up:
216 SOUTH WEST STREET, Anaheim, CA 92805
Square Feet: 981

Lot Size: 2,942 Sq. Ft.

Year Built: 1920

MLS #: R707545

Description:

Excellent for a first time buyer 3 bedrooms 2 baths,spacious living room clean, ready to move in
Price Reduced: 08/15/07—$450,000 to $417,000

35 Bunker Hill is back.
Sale History: 02/27/2006: $812,500

Sale History: 12/11/2006: $970,000

2006 Wishing Price: $1,015,000

Spring 2007 Wishing Price: $1,200,000

Today’s Wishing Price: $1,100,000
I see what happened… The flipper over-upgraded it.  It’s still $200k or more over similar props in the area.
Dumbasses.

I don’t know where this is in Woodbury but $1 million for a 3 bd 2 bath house (1700 sq ft?)

WTF!!!!

www.redfin.com/stingray/do/printable-listing

I love Newport Beach as much as the next guy but 1.66 million for a 1700 sq. ft house?  

www.redfin.com/stingray/do/printable-listing

How about 1.68 with same sq. footage.
http://www.redfin.com/stingray/do/printable-listing?listing-id=895644
It’s just WRONG!

But CalGal. . .it’s a "10"!!!!  Bo Derek better come with the house. 

Ahhh - the port streets.  One of the few neighborhoods in Newport Beach to still have a real "community" feeling to it.  I would think it would be a highly desirable area for families with young kids who want to live in Newport but still have sidewalks, and schools you can walk the kids to and neighborhood swimming teams. 
For a while there many of the original homes (which these are) were being bought and then torn down with custom rebuilds on the lots.  Don’t know if that’s still the case but these prices don’t seem that inflated considering the neighborhood.
Of course in this market the buyers decide what’s inflated.  I’m very curious to see what happens with the prices in some of the specialty Newport Beach areas like the Port Streets and Corona Del Mar. 

Still out there… Whatta drop!
33696 NORTH BRIDGEHAMPTON DRIVE, Dana Point, CA 92629
Price Reduced: 07/27/07—$915,000 to $849,000

Price Reduced: 08/01/07—$849,000 to $825,000

Price Reduced: 08/06/07—$825,000 to $815,000

Price Reduced: 08/09/07—$815,000 to $699,000

3/3 2200sq ft SFR

Did the bank/REO monster eat up the property?

it’s a short sale I think

Effencasita?

Uh, is that an OUTHOUSE?

LOL, maybe.  Enjoy nature when nature calls!

Sometimes when I see Southern California real estate, I think they misplaced a decimal point.

It would be cute at $28.9k, no?

I’d rent it for a weekend.

This has gotta sting (Aliso Viejo).  Current Price: $370,000
Sale History
01/30/2006: $477,000
02/28/2005: $406,000
07/19/2002: $246,000
06/30/2000: $177,590

Rent x 160 in RSM?!?
I’ve got not one but two stinky condos out there under $200k now.

Effen…
That is some kind of mistake. Aliso Viejo came into being in the late 80’s. And AV certainly does have Mello-Roos. I’d bet it’s in Laguna Hills. The Realtor (TM) thought Aliso Viejo would look better?

It maps successfully on Google…  Hmm.
edit: Right on the border!  (yes, I have too much time on my hands)

Reused Homes:

Old Buildings, New Life

 

 
Living in a Lighthouse
The Morgan Point Lighthouse has stood on Connecticut’s Fishers Island Sound since 1868. An advertisement in a 1995 Wall Street Journal led its current owner to the empty, neglected structure. Nearly $1 million was spent on its reconstruction, which included a new lantern and various nautical details designed by the architect—a former Coast Guard engineering officer.

Here is a 1$ house.  Yes 1$ will buy this house.  It is not a joke.  It is actually free but it looks like they needed a price to list it on redfin.
http://redfin.com/stingray/do/printable-listing?listing-id=981690
 

That’s almost tempting.  It’s just more hassle than I can afford right now. 

Ouch. 
I wish there were pictures.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1096695
2420 East Sycamore ST ANAHEIM, CA 92806
Price: $449,000
Original List Price: $599,000
Sales History
Date / Price / Appreciation

11/16/2004 - $540,000

10/01/1997 - $160,000

1) Zovall or somebody else: can you fix the HTML in Troop’s post, please?
2) Ouch again.  At least these old 50’s houses are starting to be priced appropriately.
http://www.redfin.com/stingray/do/printable-listing?listing-id=1141440