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Lazybadger, great name! But in my experience, badgers are some tough critters.
Maybe I'm not reading it properly, but according to
this post by the developer of the upcoming efqDirectory, some of the desired goals might be accomplished.
I doubt if the drop-down menu can be achieved too easily, but isn't there the possiblility to create a self-updating block that will display listings from a specific category (recent listings)? (it might get kind of unwieldy though with a hundred listings in the category)
You're definitely right about the photo album aspect of Sunny's objectives. A good coder could probably come up with a way to tie the databases together, but...
Been toying around with the Real Estate module for the last two days. Wonder if that would work or could be adapted...