About seven months after the rumormill churned out a rumor-nugget saying Oakland's Margarido House would hit the auction block starting at $4.5 mil — and just weeks after the house got a $705K price chop on the MLS — SocketSite reports via a tipster that the eco-palace is in contract. Its last known asking price: $4,795,000. Soon, one happy owner will be enjoying all that low-energy LED lighting, permeable paving, and zero VOC paints. Hot.
· March Madness For 5950 Margarido (Coincidence?) [SocketSite]
· Oakland's Margarido House Gets Chopped Over $700,000 [Curbed SF]
· Rumor Mill: Margarido Headed to Auction House [Curbed SF]