Burned-out Bay Area home lists for $850,000, and offers are rolling in

Over in Walnut Creek this week, a burned-out family home has hit the market for $875,000, and buyers are clamoring to make the winning bid.

The home at 254 Tamarisk Drive was ravaged by a two-alarm fire on Sept. 11 last year. The roof collapsed and the garage was reportedly fully engulfed in flames. Firefighters determined that the blaze appeared to have started in the garage, though a cause wasn’t revealed. 

 Burned out Bay Area home lists for $850,000, and offers are rolling in

254 Tamarisk Drive, Walnut Creek, Calif.

Key Realty

The wrecked state of the house hasn’t dissuaded buyers though, which may not be a surprise in the Bay Area’s ultra competitive real estate market.

“Bare bones opportunity to renovate/rebuild/restore. Extensive damage from a fire has this house stripped to the studs on both floors. This one is ready to start fresh and build to suit your style preferences,” the blurb reads. 

“Opportunities like this are rare to make dramatic changes to a home and floor plan … this is more than a fixer and the potential is limited only by imagination.”

And just like that, after hitting the market for only 6 days, a sale is “pending” after multiple offers flooded in.

 Burned out Bay Area home lists for $850,000, and offers are rolling in

254 Tamarisk Drive, Walnut Creek, Calif.

Key Realty

Listing agent Melinda Byrne of Key Realty told SFGATE that eight offers came in, with more on the way, and expects the sale to close next week at “significantly over list price.” 


“I’ve been in business a long time and sold a lot of fixers so I wasn’t surprised at all,” Byrne added. “The location is great.”

Could this charred shell of a home sell for $1 million?

Article source: https://www.sfgate.com/realestate/article/bay-area-fire-burned-home-sells-real-estate-16380494.php

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