Boat-Inspired Beach House Drops by a Quarter Million

Rare is the high-end property around here that sells for the initial asking price. The question is: how far does the price have to drop before someone bites? Here are the week’s top price cuts….

Boat-inspired 1558 Miramar Beach (↓$250K to $5.85M) must’ve hit choppy waters after being listed a month ago. That location—within drinking distance of the Rosewood Miramar resort—sure seems seductive.

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I haven’t seen 4242 Cresta Avenue (↓$450K to $6.4M) in Hope Ranch, but I’m curious if the floor plan makes more sense in person. And if that’s the view on a foggy day, I’m sold.

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1387 School House Road (↓$350K to $4.4M) has been quietly available for since last June. Perhaps it’s time to go public…?

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First listed in July of 2018 for $3.475 million, the 1950 adobe at 2942 Torito Road (↓$100K to $2.6M), has slowly been eroding in price. One potential issue: It’s three bedrooms and three baths, but the two guest rooms share a bath.

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280 Loma Media Road (↓$100K to $3.75M) has great Riviera views, but it needs updating. Still, a house with its own sauna and plunge pool is a tribathlete’s dream. / Open Sunday, 1-3 p.m.

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