November 23, 2011

Warm Thoughts Of A Traditional Thanksgiving Dinner (2011 Edition)

2250 Washington: Kitchen

Purchased as a 1940’s two-unit building of 2,756 square feet for $1,740,000 in April 2010; torn down to the studs, expanded to 4,180 square feet and returned to the market this past October following a multi-million dollar rebuild and redesign by the Green Couch team (think custom milled crown molding, thick cut marble, and designer finishes throughout).

2250%20Washington%20Kitchen%20Middle.jpg

The sale of 2250 Washington closed escrow earlier this month with a reported contract price of $4,995,000. And no, the buyers aren’t from China (nor Europe), but they do fly a foreign flag. And as such, perhaps a turkey won’t be roasting in that kitchen tomorrow.

2250 Washington Kitchen

Regardless, here's to hoping your pantry is plentiful and your table is overflowing with family and friends. Safe travels if you are. We'll see you next week.

∙ 2250 Washington: Design [greencouch.com] | Listing [teedhaze.com]
Warm Thoughts Of A Traditional Thanksgiving Dinner (2010 Edition) [SocketSite]
Warm Thoughts Of A Traditional Thanksgiving Dinner (2009 Edition) [SocketSite]
Warm Thoughts Of A Traditional Thanksgiving Dinner (2008 Edition) [SocketSite]
Conjuring Up Warm Thoughts Of A Traditional Thanksgiving Dinner [SocketSite]

First Published: November 23, 2011 4:30 PM

Comments from "Plugged In" Readers

Cheers and thanks for the follow up post as promised.

Posted by: Eddy at November 25, 2011 7:43 AM

Three views of those weird copper basket lamps in the kitchen? What's with that?

Posted by: Oceangoer at November 25, 2011 2:08 PM

Regarding those shades, I think they are from the Bay Area based furnishings company called "Ironies", or they are a knock-off of what I have seen in their online catalogue. But, whether the lamps are a tribute to David Hicks, or a clever twist on an existing product, who can argue with success?

Congrats to team TEED-HAZE who keeps hitting home runs with their projects! I always admire their skill and courage to continue to achieve success in these difficult times.

[Editor's Note:. This wasn't a Teed-Haze project, but rather a spec project by the Green Couch team as noted above.]

Posted by: Morgan at November 25, 2011 2:24 PM

This is a beauty. I really need to start playing the lottery more often.

Posted by: Lori at November 25, 2011 6:49 PM

Very predictable language by bearish editors unwilling to acknowledge a complete and total slam dunk by the owner and the development team.

To suggest that this was a "multi-million dollar rebuild and redesign" is to suggest this project closed with a thin profit margin.

Such a suggestion is ridiculous. In addition to the fact that this was such a short hold, the owner is the designer and thus all finishes were paid for at rock bottom wholesale pricing. Further, the development team (Teed/Haze) brought wholesale pricing to the table for architecture, engineering and construction.

For anyone who might have wondered why people take such huge risks to undertake projects like this, then wonder no more - just look at what happened here - a well deserved fat, fat payday for this owner - magnificent outcome here - congrats to the owner and may there be many more to come!

[Editor’s Note: That’s right, we’re so bearish and unwilling to recognize a job well done that we decided to prominently feature the project and outcome. And no, we’re not making any such suggestion, but we are implying that this wasn’t a cheap renovation, and perhaps making a point as to what’s in demand and for what people are willing to pay a premium.]

Posted by: bubblesurfer at November 26, 2011 10:48 AM

So, Editor - looks like you've chosen to have the last word here as you've deleted postings made after mine - yes you ARE making such a suggestion, and you're unwilling to admit it when busted - just own it and move on

Posted by: bubblesurfer at November 29, 2011 9:11 PM

What is the grip here? Someone bought a property, put in a huge amount of mental capital into the design, the layout, the finishes, the purchasing of materials, NOT TO MENTION THE RISK taken during these difficult economic times. The last I looked, that's what being a gutsy entrepreneur is all about here in America....risk and rewards. We should be thanking Green Couch for providing jobs to hundreds of construction people! Kudos to Green Couch.

Posted by: Susan Knight at December 6, 2011 10:41 AM

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