California bungalow aims to fetch $500K - several months after being destroyed by a falling pine tree

This California bungalow may be a disaster zone, but it's still going for a cool $499,999.

Because the destruction was ruled an 'act of God,' Wheeler said, the city's typical red tape doesn't apply, meaning anyone can bulldoze the place and start fresh without a lengthy review process.

The towering tree smashed through the roof, ripped apart walls, took out the tenants' car and turned most of the 645-square-foot house into a complete wreck.

There’s been a lot of interest so far because demand is so high and inventory, especially at this price, is so low.

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