One of those cost $99.95 on the base PX back in 1979. Maybe $109 at a department store.
I had a Santa Fe as a first bike. Rode it for years. It sucked. I didn't find out how much, until I borrowed a friend's Ross (with aero downtube!) and found out how much better a bike could be...
Asking that much cash for that particular bike is... amusing. I see ads asking crazy prices for all kinds of stuff, but that one takes the cake. Amazing what people think things are worth...