5151 N Calle Ladero, an over 8, 000 square foot Mediterranean, sold today for $1,255,000; this home sold for 2.2 million in 2005. It originally had over 5 acres, but this one was sold as sited on 1.19 acres, with the two adjacent lots available for sale separately. Located high up in the Foothills on Campbell, this estate has a 2nd story wing, wine cellar, elaborate resort area that includes a sport court. The entry is gated and very private. Built in 1989, it is in septic. This home has never been an easy sale, but as a short sale, at an unbeatable price, it made it to closing.

(This home was listed by Long Realty)