Purchased as a 4,960 square foot four-bedroom home for $5,150,000 in late 2005, and since remodeled to become a 5,900 square foot home with three bedrooms and seven baths, 2209 Pacific Avenue has returned to the market listed for $9,500,000 in 2011.
According to permits filed for the project and from which fees would have been billed, it was an estimated “$150,000″ remodeling job, a budget that probably wouldn’t have covered the cost of the new kitchen, and perhaps not even the new theater below.
UPDATE: While the estimated remodeling costs per permits were “$150,000,” according to the now live property website “close to $4 million dollars” in improvements have been made to the property. It’s funny how that happens.
∙ Listing: 2209 Pacific Avenue (3/7) 5,900 sqft – $9,500,000 [MLS]