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Chinatown “Palace” Is Reduced by $391K: 1908 S. Louie Parkway

We last chattered about this French-styled single family home at 1908 S. Louie Parkway in Chinatown in August 2009.

See our prior chatter here.

It is anything but cookie cutter. The listing calls it a “palace.” The 4-bedroom house boasts of:

  • A white marble deck above a black marble pond
  • Museum-like living room
  • Garden dining room
  • Arabian-style master bedroom
  • French royal style home theater
  • 6-star guest room
  • Chinese tea room

It has also been reduced by $391,000 since August.

But as some of you pointed out in the prior thread, it has an interesting listing history. The price was lowered to $699,000 in October, but then was raised again 2 weeks later to it’s current listed price.

There still are no pictures of the kitchen or baths in the listing.

Robert Picciariello at Prello Realty Group continues to have the listing.

See the pictures here.

1908 S. Louie Parkway: 4 bedrooms, 2.5 baths, 3500 square feet, 2 car garage

  • Sold in December 2004 for $428,000
  • Was listed in August 2009 for $1.19 million
  • Reduced several times
  • Currently listed for $799,000
  • Taxes of $7747
  • Central Air

This entry was posted on Monday, January 4th, 2010 at 2:18 pm and is filed under Chinatown. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

25 Responses to “Chinatown “Palace” Is Reduced by $391K: 1908 S. Louie Parkway”

  1. My guess is that there was a bidding war at $699K so the seller raised it up to $799K in response… For $699K this place would have been a steal! Buyers really missed the boat on this one. A six star guest room? That must really be something… I predict another bidding war and price increase — buyers will be chasing this one up for a while.

    In the event that tone does not communicate in this post, what a tragic dreadful mess this place and listing are.

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  2. If I was a successful pimp, I’d seriously consider buying this.

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  3. The owner is obviously an orgy guy, with orgy friends.

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  4. My favorite listing EVER! Disappointed that there are no new photos or a Virtual Tour, however. Again, if anyone ever sees an open house here, PLEASE let us know!

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  5. Wonder if all the silly furniture and chotchkies that are the focus of the pictures come with it — can’t have a true “palace” without that shit.

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  6. Good question. IS this place being sold furnished or do you have to travel to Zanzabar to find new furniture.

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  7. has to be furnished or no deal

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  8. “FRENCH ROYAL STYLE HOME THEATER”

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  9. Everyday is new year’s eve in this place

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  10. Maybe this place could be cash flow positive as a Pimp Museum if you charged for admission.

    But at least this listing proves Elvis is indeed dead. If he was alive he would stop in and snap this up.

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  11. OMG.

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  12. This is an excellent example of nouveau riche, Chinatown-style. I think this place was owned by newly wealthy Chinese and decorated according to how they think a rich person’s home should appear.

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  13. PimpTASTIC, indeed! I think I’ve finally seen a visual real estate representation of the phrase “hot mess.”

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  14. i’ve laughed at this place every time i parked outside to go eat in chinatown for years. it’s like a 10 year old kid who likes history decorated each room after each class he attended.

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  15. This place is hilarious in the best way. Talk about shamelessly catering to a narrow audience. Awesome.

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  16. Apparently the French Royal use “his and hers” Lazy Boy Recliners (or should I say “King and Queen”) in their home theaters.

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  17. Apparently, French royalty use “his and hers” Lazy Boy Recliners (or should I say “King and Queen”) in their home theaters. What the hell is French Royal anyway?

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  18. “What the hell is French Royal anyway?”

    Um, that?

    Not really. Try this: http://www.metmuseum.org/toah/hd/ffurn/hd_ffurn.htm

    This place is much more House of Blues hotel meets rococo hot mess.

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  19. Rococo! My fav!

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  20. First timer --- be gentle on January 5th, 2010 at 11:56 am

    This is my first comment ever. I had to. The incredible and statistically unlikely string of super hilarious comments made my day — no, my month. I had no idea that this group could be THAT consistently funny. Kudos to all.

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  21. Hot Franco Crunk Chino-Mess Vintage.

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  22. ahhhh, my favorite running joke listing.

    i think going forward this listing should be used as a comp for everything within city limits. So from now on when sabrina posts a 2/2 condo in edgewater or a SFH in SoPo we shall compare it to this place.

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  23. still for sale @ 799k

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  24. logansquarean on April 30th, 2010 at 3:45 pm

    how many years on the market now???

    😉

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  25. “how many years on the market now???”

    When did rush hour 2 come out?

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