$4.75MIL: The Most Expensive House in Martinez!

$4.75MIL: The Most Expensive House in Martinez!

Martinez homeI was browsing the MLS recently looking at homes for sale in Martinez and stumbled across this house.  It is located at the foot of Vine Hill Way, just off of Alhambra Ave., across from Forest Hills. The thing that caught my eye was that the house was listed at ALMOST FIVE MILLION DOLLARS!  I thought for sure it was a mistake. Or some super mansion on a vineyard out in the Valley halfway to Lafayette or Orinda, with room for horses and a helicopter pad.  Nope, just a tiny run-down house we all drive past ten times a week.

Of course the house is not the real value here.  The MILLIONS are in the huge lot covering 48.17 acres of Alhambra Hills that can be developed into much more.

Per the real estate listing:

This is a Beautiful Parcel suitable for one large mansion at top or single family homes per density survey. Gorgeous Panoramic Views of Benicia Bridge, Alhambra Valley & Mt. Diablo. AS-IS

For the record, I did not appraise this property, nor do I have a stake in it.  I was simply amazed at numbers that large showing up in property listings for our sleepy little town. The picture on top is of the house, and below that is the entire hill which is part of the property.

Though, someday I’d love for Martinez properties to be as high-end and sought after as those in Danville, Moraga, or Alamo.  The odds of that are the same as those for a snowball’s chance in Shell.  Please keep in touch and follow us on Facebook.

Martinez property

MarioM
mario@sfbayapp.com
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