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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 1:57 pm to
Posted by Chicken
Jackassistan
Member since Aug 2003
26838 posts
Posted on 11/1/21 at 1:57 pm to
quote:

I’ll bet you $100 that there is a historical block and numerous red tape on doing any significant demolition to this house.
no doubt...I just think the house has little value, especially due to low ceilings, and it is likely in disrepair...

So, what does land cost an acre in that location?
Posted by beerJeep
Louisiana
Member since Nov 2016
37693 posts
Posted on 11/1/21 at 1:59 pm to
quote:

Chicken


Buy it and put 6 random posters in the house for each LSU game. Film if real world style.

Profit.

Give me 1% royalties for the idea
Posted by BuyloSellhi
The South
Member since May 2017
684 posts
Posted on 11/1/21 at 2:08 pm to
quote:

Chicken


quote:

So, what does land cost an acre in that location?


You can buy lots in College Town selling between $200K and $250K. Much better location and a real neighborhood.

And NO Highland Road traffic woes.
Posted by IAmNERD
Member since May 2017
23715 posts
Posted on 11/1/21 at 2:13 pm to
Going by the pictures, that doesn't look like a 4000 sq ft house.

$5 mil seems a touch steep.
Posted by JodyPlauche
Baton Rouge
Member since Aug 2009
9770 posts
Posted on 11/1/21 at 2:19 pm to
quote:

Nah. Looks like a place someone has been tortured and murdered.


That's not the house it happened in.
Posted by Breauxsif
Member since May 2012
22291 posts
Posted on 11/1/21 at 2:20 pm to
That carpet
Posted by jaytothen
Member since Jan 2020
8285 posts
Posted on 11/1/21 at 2:22 pm to
quote:

Probably wont allow you to tear the house down since it is “historic”


Doesn't mean you can't light a candle and 'forget it' at night.

That thing will burn down faster than a Christmas tree in July.
Posted by Usual Suspect
Living rent free
Member since Jun 2013
2561 posts
Posted on 11/1/21 at 2:25 pm to
quote:

That's not the house it happened in.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295684 posts
Posted on 11/1/21 at 2:26 pm to
quote:

$5 mil seems a touch steep.


For anything not in the mountains or on the coast, it's too expensive.
Posted by ForLSU56
Rapides Parish
Member since Feb 2015
5582 posts
Posted on 11/1/21 at 2:34 pm to
Yep. That's some lazy Realtor work.
But they do have this.

quote:

Tour it soon before it's gone!
Posted by NPComb
Member since Jan 2019
27961 posts
Posted on 11/1/21 at 2:45 pm to
maybe before Halloween but not after.
Posted by JodyPlauche
Baton Rouge
Member since Aug 2009
9770 posts
Posted on 11/1/21 at 3:06 pm to
LINK

quote:

One of the two men accused of killing an elderly Baton Rouge couple in 2015 has accepted a plea deal, prosecutors tell WAFB.
Ernesto Alonso and Frank Garcia were charged with kidnapping and first-degree murder for the 2015 deaths of Denis and Suzanne Duplantier.



Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 11/1/21 at 3:19 pm to
LINK ]Funeral arrangements have been set for Denis Duplantier, 71, and Suzanne Duplantier, 70, of Baton Rouge.

Visitation will be observed Friday, October 23, 2015, at the family home "The Oaks" at 4979 Highland Road from 6 p.m. - 8 p.m. /link]
Posted by Howard Juneau
Cocodrie, LA
Member since Nov 2007
2233 posts
Posted on 11/1/21 at 3:31 pm to
That house is a teardown, and the lot and trees have been neglected for decades. It's worth 1.5M. It will sit there and rot before they get 5M for it.

And the house next door linked above was a spec house done in poor taste that nobody wants; and I mean nobody. The lesson there is to not build a 2M ugly spec houses with flaming water fountains like you are on the pack porch at Pat O's in Baton Rouge.
Posted by Y.A. Tittle
Member since Sep 2003
109617 posts
Posted on 11/1/21 at 3:41 pm to
quote:

That house is a teardown


Bunch of uncultured cretins here who think a house that has been standing since around the time Louisiana became a state should be a "teardown" and likely replaced with some gaudy mcmansion.
Posted by Texas ellessu
East Bank of Ward's Creek
Member since Dec 2007
573 posts
Posted on 11/1/21 at 3:46 pm to
It's worth it. If they put a 3 million dollar asking price the comments here would be the same.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
19811 posts
Posted on 11/1/21 at 3:47 pm to
Property sold in Nov 2019 for $64,247 according to tax records. Must have been a family sale.

For those saying they won't get close to $5 mill. You guys don't know the value of 6 acres on Highland Road. Comparing prices in subdivisions to that lot is laughable. They will probably sit on this place until a real life OT baller rolls in and snatches it up to build an estate to use during home games. That piece of land can bring that easy.

There is a listing in Southdowns on a smaller lot for $8 mill and another one on a half acre for $1.3 mill. Land is expensive as shite over there. I know of a house that sold off Whitehaven for $730k on 0.3 acre lot and they tore the house down to build.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 11/1/21 at 3:55 pm to
quote:

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.


There are several developments along Highland road were similar plots of land were subdivided, the houses are custom, and start at $800K. David May developed 3.5 acres right off Highland road, subdivided into 12 lots, all were priced over $200K. The deed restrictions will require urging at least $750K the house with, probably more at today’s material prices, I think he has 3 lots left..
Posted by Drop4Loss
Birds Eye Of Deaf Valley
Member since Oct 2007
3967 posts
Posted on 11/2/21 at 9:41 am to
The Claitor house sold for 2 mill
Tore down
Posted by BuyloSellhi
The South
Member since May 2017
684 posts
Posted on 11/2/21 at 9:53 am to
quote:

Land is expensive as shite over there. I know of a house that sold off Whitehaven for $730k on 0.3 acre lot and they tore the house down to build.


Two very nice lots on LSU Avenue have sold this year for under $250K.

The Duplantier lot will be closer to 4 acres if split up for a small number of homes, say six to eight. Considering a street(s) and sidewalks and working around the oak trees, not as much developable ground as you might assume. Traffic is a nightmare on Highland between LSU Ave and Lee and that will be a factor for any developer. Another poster made note of the house that has been for sale next door for years. Location is not always the win-win people think.
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