It’s not looking good for the few remaining low-slung postwar Ranch homes on Banks St. in once-aptly named Ranch Estates, in the northeastern stretch of Boulevard Oaks. Last year architect Karen Lantz took apart the Ranch at 1514 Banks, piece by piece. Three more of them have been idling on MLS for months, two at what the sellers consider lot value. The third, at 1515 Banks (pictured above), isn’t priced a whole lot higher, but it’s been out there since September of last year, shedding $50K from its initial $599,950 price tag. Will the owners even get back what they paid for it 15 months before putting it on the market?
