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Surely a Record? Oakland Home Lists for $1,182/sq ft

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Hot on the market is 5950 Margarido Drive in upper Rockridge, a house so special it warrants its own name. The Margarido House has listed for $5.5 million, making it by far the most expensive home in the East Bay.

It would be difficult to live in the Bay Area and not have heard about this 4,600 sq ft, five-bedroom, five-bathroom home built by design-builder Mike McDonald and completed just this year. For it has attracted an enormous amount of publicity.

One of its key attributes is that it was the first custom home in northern California to be awarded a LEED-H Platinum certification and it is certainly very easy on the eye. It is unclear yet, however, how much a home’s green credentials — impeccable though these are — affect value in the real estate market.

The tail-end of Fall seems a strange time to list a home, and it will be interesting, to say the least. to see how it fares on the open market.

2 Comments

  1. larry sanders says:

    This house is disgusting. How can a 4600 square foot monstrosity be considered efficient in any way, shape or form? Only in America.

    Clearly this is a loss leader for a construction company catering to giant corporations and Lexus hybrid driving Richie Rich types feeling trendy and/or guilty about “green.”

    A responsible model of beautiful, efficient design would be less than half this size. A family of four – let alone a village of nine – doesn’t need 4,600 sq feet to be comfortable. Shame on the designers, the LEED certification board, and every writer and TV producer who’s hyped this bit of greedy excess to the masses.

    I’m sure Le Maison Margarido could be used as an illustration for at least five of the Seven Deadly Sins

  2. Debtpocalypse says:

    ^^^ What he said.

    This listing stands as an absurd temple to NoCal superficial conspicuous ecology of convenience.

    You wanna live in a chic suburban palace that affords more living space than 99% of the other inhabitants of the planet enjoys, and costs more than what those inhabitants consume in a lifetime?

    Knock yourself out.

    Just don’t tell me doing so is green.

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