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Million-dollar foreclosures

Even million-dollar mansions can become big bargains. That's especially true when banks repossess them from delinquent borrowers and put them back on the market.

Pleasanton, Calif.

1 2 2
  • Price: $1.89 million
  • Size: 6,056 square feet
  • Rooms: 6 bedrooms and 5.5 baths

This modern Mediterranean villa is in a golf course community packed with million-dollar-plus houses. It boasts views of Mount Diablo and is a short drive to the vineyards of Livermore Valley, according to listing agent Patricia Duran.

The interior includes many luxury features like a two-story grand foyer and a chef's kitchen with brand new appliances.

Outside are deep porticos, perfect for outdoor entertaining, and a tile-roofed summer house.

During the housing bubble in 2006, this place sold for $2.6 million -- a 26% premium to today's asking price.

For further information, visit Trulia

  @CNNMoney - Last updated January 30 2013 06:38 AM ET

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