November 28, 2007

Scott and Laci Peterson home sells at a big discount

Unidentified new owners of a home once owned by Scott and Laci Peterson aren't talking about buying Modesto's most notorious abode, and neither will their real estate agent.

"I respect the confidentiality of my clients," Chris Shaw, a broker with PMZ Real Estate, said Tuesday.

Authorities speculated that Peterson strangled his pregnant wife in the house on or just before Christmas Eve 2002 before slipping her weighted body into San Francisco Bay.

Remains of mother and unborn son were recovered nearly four months later along the eastern shore. Peterson was convicted of double murder and arrived on death row in March 2005, where he awaits appeals.

The 1,770-square-foot, three-bedroom, two-bath cottage-bungalow at 523 Covena Ave., sold for $280,000, said listing agent Joseph Bondi, also of PMZ.

That's $110,000 less than the parents of Scott and Laci Peterson received when they sold it in July 2005 to Gerry Roberts, a real estate agent who bought the home amid hoopla and lived in it before declaring bankruptcy. He was unable to sell the home and lost it to foreclosure. A bank hired Bondi to unload it.

He said he showed the home to a potential buyer only once in more than three months and never met the new owners.

Bee staff writer Garth Stapley can be reached at gstapley@modbee.com or 578-2390.

Related content