Housing prices are tumbling in California, but this one is ridiculous. InnVision is holding a raffle for a $3 million home in Los Altos Hills in the Bay area and all you have to do to join the "bidding war" is buy a $150 raffle ticket.
Your "could be" house is a 3,000 sq. ft, three bedroom - three bath ranch-style home.
The house comes with all the perks you would expect of the asking price. It has a large professionally equipped chef’s kitchen with granite countertops, an over sized island and brand new top-of-the-line appliances.
Other amenities include a fireplace surrounded in rare stone, recessed lighting, hardwood floors, crown molding, a 3-car garage, updated baths and a lovely master suite with walk-in closet and adjacent deck. Coffee on the terrace anyone?
The home is located on nearly two acres in Los Altos Hills. It has panoramic views overlooking the San Francisco Bay. If it's privacy you want, this place has it. Each home within nine miles has a minimum one-acre for every house. This IS Los Altos Hills after all.
Would you like your own eco-transportation? Get a horse. Local zoning laws allow you to keep one on the property.
You will have to pay taxes on the property if you win. But don't worry too much about that. InnVision is offering to hand over $1.5 million in cash if you'd rather just have the spending money.
Click here for the official entry form.
The raffle runs through mid-November with the final drawing on Nov. 30. Until then, there are "early bird" drawings every week for other prizes of at least $500.
Only 40,000 tickets will be sold. You don't have to be a mathematician to figure out the odds of winning here are much better than AT the closest lottery counter.
All you need is one lucky ticket to get the mansion, but InnVision reps are quick to say they will sell you as many as you like.