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Tendernob Single-Family Home Lists for $2.5M

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611 Jones Street in the Tendernob is one of a handful of single-family homes in the neighborhood. The 3-bed, 2-bath, 1,900 square foot abode just landed on the market asking $2.5M. That's right, folks. $2.5M. Even though it's now on the market, the home's been used as a vacation rental for some time now, with rates at $450 per day (plus a $200 cleaning fee) and up to $11,500 per month. The home underwent a renovation in 2011 to bring it up to today's modern standards, meaning there are flatscreen televisions and stainless steel appliances. From the listing we learn that the "seller desires to effectuate an IRC 1031 Tax Deferred Exchange for income producing property." Readers, do you think this home will sell for asking?

· 611 Jones [vacation rental site]
· 611 Jones [Redfin]