California
Related: About this forumGuess the asking price: Yountville (Napa Valley) home for sale: 480 sq ft, 1/4 acre lot, 1 bed/1 bath.
Here's the Sotheby's link if you want to look it up: https://2180monroest.com

Mz Pip
(28,131 posts)Someone will by it and build a mansion on the lot.
bucolic_frolic
(51,065 posts)because of location location location scarcity affluent area $1,250,000.00? The taxes would be lower than most other homes in the area.
bucolic_frolic
(51,065 posts)You could house 4-6 tech engineers there!
Bernardo de La Paz
(56,688 posts)I have not looked at price.
Auggie
(32,374 posts)beaglelover
(4,299 posts)location.
Auggie
(32,374 posts)There is SO MUCH friggin' money floating around that the asking price amounts to pocket change.
Historic NY
(39,066 posts)BobTheSubgenius
(12,033 posts)A few years ago, there was a decent-size lot with a teardown still standing on it in the Point Grey area of Vancouver. It had spectacular views, of course. It had to have SOMETHING that justified the asking price of $22.000,000. Concurrently, there were 9 jaw-dropping chateaux in France for the same price, more or less.
Around that same time, there was a penthouse for sale in downtown Vancouver that had ongoing expenses - strata fee and property taxes - that came to $10,000 a month. Asking price - $26,000,000
Juneboarder
(1,747 posts)That paired with the lot size, this makes sense for the area. Love it or hate it, but it is the reality here in CA.