La Costa Valley (1,073 single-family homes) Annual Sales: The new rule about getting profits tax-free went into effect in 1997, and it motivated people to move! The sales history of this house is an example of how it used to be - make a little money and be on your...
Carlsbad
Aviara Point Estate!
Here is our first listing of 2024! 7180 Aviara Drive, Carlsbad 5 br/4.5 ba, 4,710sf YB: 1997 0.26-acre lot LP = $3,500,000 Are you searching for a sensational luxury home in Carlsbad's premier gated community, Aviara Point? This exceptional contemporary estate...
Frenzy, 2024
This is the tenth sale in the last month that closed $100,000+ over their list price! It's going to be a wild spring selling season!
Terramar $10,750,000 Closed Dec 1st
Land Value On the ‘Front
Judging by the commentary, maybe the discount was warranted? This is 150ft away from my $1,999,000 listing - I can't be too far off (we have received an offer):
Santa Driving
Build Oceanview Dream Homes
I just listed this Terramar property for sale that allows for 60% FAR coverage, which should mean that two 3,600sf oceanview homes with ADUs for could be built on this R-15 lot and it's only $1,999,000! The two homes should be worth around $4 to $5 million each when...
Market Evidence
Here's the tour of the Solana Beach listing from last night: Nobody is giving away the premium properties. The more premium, the more buyers! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I should do more follow-ups on listings seen here previously for market calibration: This RSF...
Olde Carlsbad Lagoon Front
This sold for $5,810,000 on April 28th of last year, which was the last peak of the market- mortgage rates were around 5% then and have risen to just under 8% today. It didn't stop or slow down a buyer from paying a whopping $6,300,000 cash for it today:
Sky Shots
We flew back from visiting family in the Bay Area yesterday and got some photos along the way: North Carlsbad SW Carlsbad Leucadia Encinitas/Cardiff Solana Beach/Fairgrounds Carmel Valley Torrey Pines GC