Six-figure discount for 'miracle' house of Monrovia crushed by colossal tree

A tree fell on this “open-concept” home but people were once queuing to buy it for $750,000.

However, after initial reports of huge appetite for the severely-damaged property, which looks like the set of a disaster movie, it seems a lot were just tyre kickers.

The crushed home, with exposed wires, insulation and framework, has been treated for a $US100,000 ($AU154,000) discount.

The price was slashed on October 30, the listing shows, to land at $US400,000 ($AU$618,000).

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.

Agent Kevin Wheeler told the Los Angeles Times, before the price amendment, 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 bumped the home’s appeal. A few buyers went in low with offers when it first launched. However, at the time, there was no need to strike a cheap deal.

It is described in the listing as a “partial structure”. And “Miracle on Mountain”.

Even so, it remains on the market, with softer expectations.