Pumpkin Patch
We’ve talked about how long-time owners are finally giving up their estate, and how the houses tend to need a full remodel. But every once in a while you see one with unique style and flair that they might be better left alone.
This one sold last month for full price, $1,800,000:
The MLS says $1,800,000, but the tax rolls says $1,785,000.
http://www.sdlookup.com/Pictures-170022103
Kayla and I will be at 7060 Via Del Charro today 12-3pm!
An authentic California Ranch on 2.79 acres in horse country! Park-like estate with a stunning single-level main house that was redesigned and extensively upgraded in 2009 – it’s like a new house! The wide-open floor plan features wood-beam ceilings, wide-plank real hardwood floors, and several sets of french doors! Pool/spa, 3-car garage, TWO detached guest houses (perfect for multi-gen), tennis court, RSF schools, & no HOA! The master suite was highly upgraded in 2016 with new steam shower, jacuzzi tub, and walk-in closet! On sewer too! Plenty of room for horse facilities with trails nearby. $2,750,000
https://www.zillow.com/homedetails/7060-Via-Del-Charro-Rancho-Santa-Fe-CA-92067/16730852_zpid/
Here’s another way to demonstrate the ‘tight inventory’.
In our MLS, all new listings throughout the county are sequentially assigned a listing number. Yesterday, I inputted a listing that got #170017800. The first two numbers are the year of the input.
In previous years, on what date did listing #0017800 get inputted?
120017800 – April 4, 2012
130017800 – April 8, 2013
140017800 – April 4, 2014
150017800 – April 1, 2015
160017800 – April 4, 2016
170017800 – April 10, 2017
The inventory flow has been remarkably consistent – lately we’ve had 17,800 properties get listed in the first 91 to 100 days of the year. They may not be where you want them, or at the price you prefer, but there has been a steady flow to consider!
If you are thinking of buying on the higher end and willing to consider other areas, there are plenty for sale. In fact, there are over 17,000 homes for sale in California listed over $1,000,000 – including one in Bakersfield!
Speaking of my listing #170017800, I’ll be there today 1-4pm!
https://www.zillow.com/homedetails/7060-Via-Del-Charro-Rancho-Santa-Fe-CA-92067/16730852_zpid/
These guys have been building the light, open, modern look up and down the coast, and providing a great custom product. This one can be yours for $11,000,000! Here’s how it looked in the N.Y. Times:
http://www.nytimes.com/real-estate/usa/ca/rancho-santa-fe/homes-for-sale/16568-la-gracia/2836-yx2cbj
A pure California Ranch on 2.79 acres!
Park-like estate with a stunning 5br + den, 4.5-bath single-level main house that was redesigned and extensively upgraded in 2009. The large but intimate great room has soaring wood-beam ceilings, wide-plank hardwood floors, and french doors that open wide to let the sunshine in! Pool/spa, 3-car garage, detached 2br guest house, lighted tennis court, detached office, RSF schools, no HOA, and the master suite was highly upgraded in 2016! The floor plan is perfect for multi-gen families, with a 2-bedroom wing on one-side with the master suite + 2 bedrooms on the other side! Plenty of room to spread out and enjoy the Ranch – horses OK too! $2,950,000
Call or text Jim Klinge, broker 858-997-3801
Spanish Colonial Revival Style Estate in the Covenant of Rancho Santa Fe from Video Sells Real Estate on Vimeo.
A wild assortment of photos from long ago.
Bird Rock, 1930:
Solana Beach, 1928:
Rancho Santa Fe in the 1920’s:
“In 1965, a real estate developer stumbled upon a lush valley that combined natural beauty with perfect weather: and the vision for La Costa was born”. Everything except the top of the hill is covered with houses now:
In the beginning of this video I said $20 million but that was the previous list price. It just closed for $10,650,000, which is line with the initial quote of double-digit interest. It is worth it if you need a sprawling Covenant ranch!
This is the highest 92067 sale since the last auction in March, 2015!
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It’s that time of the year – the 2017 forecasts are starting to roll out!
Zillow has been conservative about our local markets. For the most part, the actual appreciation of the Zillow Home Value Index has been higher than their forecasts over the last two years.
Their local forecasts for 2017 are all lower than their 2016 guesses, and what they are predicting could also be described as ‘Flatsville’. If their local forecasts of +0.9% to +2.2% come true, it would mean that several sellers would end up selling for less than they could have gotten in 2016.
Are we ready for that yet?
Local ZHVI-Appreciation Forecasts
Town | |||
Carlsbad | |||
Carmel Valley | |||
Del Mar | |||
Encinitas | |||
La Jolla | |||
RSF | |||
San Diego | |||
Solana Beach |
The Zillow data changes slightly, depending on where you look on their website, and whether you use town names or zip codes. Here is the LINK to find others.