A tree fell on this home but people are queuing to buy it for $750,000

A tree fell on this home but people are queuing to buy it for $750,000.

Demand is huge for the severely-damaged property, which looks like the set of a disaster movie, with exposed wires, insulation and framework.

An old stone pine toppled on the house, in California, in May. The accident made headlines in the US press, because two renters and their dog were inside at time but were unhurt.

The colossal tree crushed their car, the house and a fence.

It’s on the market in Monrovia, in the foothills of the San Gabriel Mountains in Los Angeles, for $US499,999 (about $AU749,000). Agent Kevin Wheeler told the Los Angeles Times that the listing is in demand because of a lack of supply in that price bracket.

He good naturedly called the wreckage an “open-concept floor plan”, reported the LA Times.

Local laws stipulate that damaged properties of more than 50 years old require a council review before owners can demolish them.

However, this home is not subject to those rules and, as such, a buyer can knock it down and rebuild without jumping through hoops.

“Did you see on TV the home destroyed by an old stone pine? Perhaps miraculously, no one was hurt,” the listing says.

The agent explained to the LA Times that a tight market is boosting the appeal. A few buyers low balled with their offers when it first launch, but there was no need to strike a cheap deal.

“There’s been a lot of interest so far because demand is so high and inventory, especially at this price, is so low,” Wheeler said.

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