House burned to the ground by Eaton Fire in escrow for $550,000

The Eaton Fire tore through Altadena, destroying thousands of homes and reducing them to parcels of ash and rubble. What’s believed to be the first public sale of a burned lot is now in escrow, a week after the fire reached full containment.

Real estate agent Brock Harris listed the lot for $449,000, and quickly received dozens of calls from prospective buyers. The winning bid was $100,000 above asking price, all cash, and is expected to close escrow early next week.

On the listing page the property is described as land only, with no interior or exterior amenities. “Great opportunity to build on a generous-sized lot,” it reads.