Sorrento Valley 5br
Richard’s new listing in Sorrento Valley is priced at $1,674,000, which is much lower than you see in nearby Carmel Valley. If it looks similar to vintage CV it’s because it was also built by Pardee:
Richard’s new listing in Sorrento Valley is priced at $1,674,000, which is much lower than you see in nearby Carmel Valley. If it looks similar to vintage CV it’s because it was also built by Pardee:
Check out our new listing!
719 S. Vulcan Avenue, Encinitas
3 br/2.5 ba, 1,512sf
YB: 2006
HOA = $0
LP = $1,799,000 – Now Pending!
If you want to be right in the thick of things in downtown Encinitas AND be able to jump on a train in a hot minute, then I have a deal for you! The roof deck adds real living space and you can see all of downtown!
https://www.compass.com/listing/719-south-vulcan-avenue-encinitas-ca-92024/1572043125922949545/
Donna deserves more credit than she gets around here and I’d like to try to make it right. Here is one of her biggest fans:
Build eight units or just live here?
If you go to open houses on the weekend, you’ve probably heard the agent on duty give you the very standard close, “Do you have any questions?”
Next time, hit them with this one. “How long does the Mello-Roos last?”
(In PHR, the answer is 40 years, and it can go up 2% per year).
It was so great to start the tour today with Pete’s new listing on the Encinitas Ranch Golf Course whose owners succumbed to the problem at hand. They get hit by golf balls, so provide a barrier and live with it.
This is way better than the alternative where potential buyers have to wonder about the impact. Know this – when a golf ball hits your roof, it sounds like a bomb went off.
Carmel Valley has had a real shortage of inventory lately, and from what we can tell from the bidding wars on the creampuffs, there are dozens of buyers in the hunt. This closed for $3,100,000 cash, which was $115,000 over list.
How do buyers decide how much to pay over the list price? These days, the standard seems to be around +$100,000 over the list price, with a few outliers.
This is as far east as you can get in Oceanside, so it’s not really much a coastal home when it’s 4-5 miles away. But this is a great example of what is happening at the entry level of every market today!
My only thought when seeing thas property was whether Kellen Winslow Jr would affect the outcome or if whether we are beyond that now. He bought his new for $2,871,000 in 2015 and had to cheap sell it for $2,850,000 in 2019 when he got into trouble.
But even his house resold for $4,800,000 last year, so no lingering after effects, apparently.