Completely Remodeled Granada Hills Eichler Available for the Reduced Price of $595,000

[Update November 2, 2012]: This home sold for $555,000 on October 22, 2012 which was $114,000 less than the original asking price and was completed in roughly 4 months time. I guess the Eichler homes are not holding value like they used to, this was a big drop for a home in what appears to be almost all original condition.

[Original Post]:

17031 Nanette Street

4 Beds/2 Baths on 2,159 sqft on a total lot size of 0.27 acres built in 1964. This home is located in the Balboa Highlands area of Granada Hills and is an Eichler home. This home was originally listed on June 28, 2012 for $669,000 and was reduced for the first time to $629,000 on July 26, 2012 and then to the current asking price of $595,000 on August 10, 2012. This home was last purchased in December 2008 for $480,000. The home appears to be in solid condition and close to original based on the pictures. There have been other Eichlers discussed on this blog including one in a pending status at $449,000 and one next door   to it that just popped on the market at $439,000, and another that was completely remodeled originally listed for $739,000 that has since been delisted.

From the listing:

Rare opportunity to own this Balboa Highlands Historic captivating post & beam Eichler Mid Century Modern Home. Spectacular secluded corner lot with breathtaking picturesque views of mountains and city lights. Entertainer's dream yard with a pond, grassy landscaping which includes a putting green area plus an amazing wood viewing deck. Front door leads to a glass enclosed atrium foyer that can be viewed from every room in the house. Interior of the property features a newly remodeled high-tech ultra modern kitchen with eating area & Center Island, newer contemporary light fixtures, living room with sophisticated fireplace & refinished mahogany walls with an open floor plan adjoining to the dining room area. Master bedroom has been expanded and offers glass walls overlooking the rear yard. Updated master bathroom offers modern over counter top sinks, radiant floor heat, freestanding tub and glass shower stall with a very contemporary vibe. Flooring includes cork and polished cement flooring. Newer central air & heat system and flat foam roof. Shown by appt only with agent or owner. Show your non-traditional Buyer's. There is a potential tax benifit associated with owning a Eichler Residence located in this Granada Hills historical neighborhood.

You can read more about Eichler homes here and specifically about Granada Hills Balboa Highlands here.

You can read more about SFV Architecture and Real Estate here.

Images courtesy Pinnacle Estate Properties