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Tude
2009 Oct 9, 8:04am
Here's one that has been on the market since July 2007
http://www.redfin.com/CA/Clayton/890-Coachman-Pl-94517/home/1974230
If I remember correctly, it started around 1.5 MIL. IMO it's "worth" 400-500k or so, I bet they would sell it if they dropped it to the 600-800k range, or at least maybe get an offer. Love all the huge price drops.
Here's my submission...
5616 Sundown Ln, Hollister, CA
1,109 Days On Market. That's just over three years... and counting.
I know this area fairly well (Hollister, about 45 miles south of San Jose). This particular house is located in a development called Stonegate that is strapped for drinking water. Their sole source of water was via the San Luis Reservoir, using a pipleline from there that was intended for farm use only. At some point they allowed general residences to tap off of it, but only when water supplies were high. They aren't anymore, and these people got cut off a while back. They are on "emergency" provisions right now, and are paying a TON for their water. So that could explain the high days on market, and the ~700,000+ asking price doesn't help. This should really be a $300,000 house... maybe less since it has no stable water supply.
So can anyone beat 1,109 days on the market?