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Monday, April 7, 2008

Price Choppers: More Tales of Marin's Most Motivated Sellers

With one of last week's price choppers already in contract (we're referring to 171 Stanford in Mill Valley, where the seller cut the price from $849,000 to $795,000), we figured it was time to toss some fresh meat into the water. Here are some sellers who've reduced their asking prices:

Stinson Beach: There are only 325 lots in the Seadrift neighborhood, an exclusive enclave we've always thought exhibited great optimism, built on that spit of land that juts so trustingly out into the ocean at the end of Stinson Beach. The price of one older oceanfront property on the market since October, at 234 Seadrift Rd., has been cut from $3.6 million to $3.3 million. Depending on whom you ask, it either has ocean views or partial ocean views. Either way, they're better than our views. To give you some perspective, the seller of the house down the road at 296 Seadrift Rd., listed at $6.2 million last July, is sitting firm.

Mill Valley: A block or so over from the Stanford listing we discussed earlier, on another of those streets named after colleges, 222 Princeton has Bay views, 3BR, 2BA and a price cut, from $1.275m to $1.175m.

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