The mortgage meltdown forced a glut of California home owners to lose their shirts–and the keys to those fabulous manors that most of us only dream about when we’re watching HGTV. Because when it comes to luxury real estate, no state does it quite better than the Golden one.
The odds are, many of those borrowers turned to California vacation home rentals, bringing caviar dreams to everyday folks and turning that sitting real estate into cool cash.
The Napa vacation home pictured above? Yours for just $4,375 a week. Situated next to Cline Cellars, the Gloria Ferrar Champagne Caves and Viansa Wineries, the house comes to $364 a night when divvied among 12 guests. Not cheap, but this is wine country, friends. You won’t see Friesian horses in Queens.
Now, for a few other properties that could fuel lotto fantasies …
Oxnard vacation home
This Silver Strand Beach property screams brocation or girlfriend getaway. Tricked out with a 60-inch HDTV, game room, rooftop deck and barbecue, the party-ready home is the pad the newly rich might call a starter home after they’ve banked their first million. Not overly flashy. It only has one elevator after all.
Santa Barbara vacation rental
You know a house is big when it requires an aerial shot to fully capture its size. Don’t be fooled by the four-bedroom spec–this is a true California hacienda with cathedral ceilings, expansive verandas with daybeds, Brazilian wedding hammocks, a lit tennis court, pool and spa. Swathed by avocado and coral trees, the home also comes with a private chef upon request.
I’ll have my dinner by the outdoor fireplace, please.