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re: Would you buy this 6-acre property for $5M just outside the South Gates of LSU on Highland

Posted on 11/1/21 at 12:02 pm to
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
12630 posts
Posted on 11/1/21 at 12:02 pm to
quote:

Not sure why so many seem to think it needs to be torn down. Unless you're just same rando cookie-cutter developer, I don't think you would buy a house like this with the intention of tearing it down.

There’s a developer that has been buying up property on that part of highland and building cookie cutter rent houses. I don’t think they have demolished any existing houses so far but that’s probably why some folks are saying a developer might tear it down.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57859 posts
Posted on 11/1/21 at 12:05 pm to
quote:

6 acres.

4000 sq. ft.



FIVE photos.

Whoever created that listing needs to be fired ASAP.


This is really the only photo you need:



A wooden home that's over 100 years old and has a carpet surrounding a fireplace. Who wouldn't want such a firetrap for the low, low price of ~$5M?
Posted by HoustonGumbeauxGuy
Member since Jul 2011
32670 posts
Posted on 11/1/21 at 12:05 pm to
That looks like the creepy old woman's house from Big Fish.


Posted by td1
Baton Rouge
Member since Oct 2015
3143 posts
Posted on 11/1/21 at 12:13 pm to
I would say 2.5 on the high side. 3 if the house was in better condition. I have been there many times, and the house would be a full on renovation / restoration to meet the standards of anyone paying even 2.5.

I give it an 85% chance of selling around 2.5 or 3 with the buyer renovating the house and subdividing a large part of the rest of the property.
Posted by Evil Little Thing
Member since Jul 2013
11592 posts
Posted on 11/1/21 at 12:16 pm to
Does anyone have details about the house next door? It’s been in various states of construction/for sale for close to 15 years, and doesn’t seem to have ever been occupied, from what I can tell. I’ve always wondered.

LINK

Lots of random ominous fire pictures with no context in the listing.
This post was edited on 11/1/21 at 12:17 pm
Posted by Chicken
Jackassistan
Member since Aug 2003
26816 posts
Posted on 11/1/21 at 12:34 pm to
quote:

Not sure why so many seem to think it needs to be torn down.
who is going to pay $5M for a home with 8 foot ceilings?

unless this is going to be someone's guest house...
Posted by TulaneUVA
Member since Jun 2005
26181 posts
Posted on 11/1/21 at 12:37 pm to
Very odd listing. And I’ve asked a similar thing on this board before. Apparently the builder/seller is very proud of the home and will even take not making a dime to get the asking price he wants. I guess it just make him mad that no one wants his $2M house
Posted by TulaneUVA
Member since Jun 2005
26181 posts
Posted on 11/1/21 at 12:39 pm to
I’ll bet you $100 that there is a historical block and numerous red tape on doing any significant demolition to this house.

As many have said, it’s a beautiful property. I live right down the road and think about it all the time. Would make for a great business like a B&B or event area
Posted by RedFoxx
New Orleans, LA
Member since Jan 2009
6610 posts
Posted on 11/1/21 at 12:45 pm to
quote:

Would you buy this 6-acre property for $5M just outside the South Gates of LSU on Highland


Hell no. You can get an actual livable home, and 2400sqft guest house on 304 acres in Hammond, USA for $2.7M









Zillow
Posted by hawkeye007
Member since Feb 2010
6067 posts
Posted on 11/1/21 at 12:47 pm to
the land subdivided is worth twice that
Posted by Cosmo
glassman's guest house
Member since Oct 2003
129172 posts
Posted on 11/1/21 at 12:53 pm to
Probably wont allow you to tear the house down since it is “historic”
Posted by turnpiketiger
Member since May 2020
11985 posts
Posted on 11/1/21 at 1:10 pm to
quote:

My assistant chauffeur was telling me he may buy it as a weekend getaway during football season.


Hell lately our getaway has been just not going to games. That’s a good getaway considering the current state of the program and direction that the university is trying to head.
Posted by goofball
Member since Mar 2015
17333 posts
Posted on 11/1/21 at 1:11 pm to
I would, but not for $5 million.
Posted by loogaroo
Welsh
Member since Dec 2005
39464 posts
Posted on 11/1/21 at 1:12 pm to
quote:

i doubt you can tear it down, probably protected or will be


Some of the trees are probably protected too.
Posted by Old Money
LSU
Member since Sep 2012
41279 posts
Posted on 11/1/21 at 1:21 pm to
New house needs to be built.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 11/1/21 at 1:33 pm to
quote:

Hell no. You can get an actual livable home, and 2400sqft guest house on 304 acres in Hammond, USA for $2.7M


This is a Highland road location, and the people willing to drop a few million to live there are not interested in 304acres in Hammond. Three rules of real estate, location, location, location!
Posted by Drop4Loss
Birds Eye Of Deaf Valley
Member since Oct 2007
3967 posts
Posted on 11/1/21 at 1:37 pm to
The Claitor house just down Highland, sold last year for $2,000,000.

3.26 acres. It had an old house which has been torn down. The site is now being re-subbed into smaller lots for re-sale.

The Claitor house is across the street from Matt McKays house, a car dealer.
Posted by Tempratt
Member since Oct 2013
14902 posts
Posted on 11/1/21 at 1:40 pm to
PRobably smells like mold, mildew and cigarette smoke inside.

Would it be possible to destroy the house and build a new one w/o harming those trees?
Posted by LSU-MNCBABY
Knightsgate
Member since Jan 2004
25150 posts
Posted on 11/1/21 at 1:46 pm to
Just need someone who got Gordon to like it
Posted by ChestRockwell
In the heart of horse country
Member since Jul 2021
6928 posts
Posted on 11/1/21 at 1:54 pm to
Racist home. Mentions words like "master" bedroom and "historical"
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