If you work/play around regular San Diego, it's worth considering a smaller house/better location combination closer to town. If you don't mind spending over $1 million, I think you are going to see some reasonably-good buys in Carmel Valley/Del Mar Heights/PB and...
You have choices here - either you can buy a TM-built brand-new version of the same house, starting at $840,990 (they bought the tract after it was halfway built-out), or you can opt for this Davidson-built product from 2008 that just listed as an REO:
This is listed at 53% of it's previous sales price (2005):
Two still photos are mixed in with this youtube video tour of a Solana Beach REO:
There are just enough attractive buys coming on the market that buyers hope it'll be their turn next:
This is in one of the first Davidson-built tracts in Carlsbad, near Aviara:
Many people would find the 3,487 sf flipper on Capuchina in La Costa Oaks fairly comparable to La Costa Valley (it's only about a mile away as the crow flies). It finally got marked pending today - listed at $739,900 - after 94 days on market. Capuchina: ...
As plain as it gets - there are two of this same floor plan for sale across the street from each other, listed $10,000 apart:
This neighborhood is off Carmel Valley Rd., just east of Pardee's PHR and Rancho Santa Fe Farms/RSF Lakes (and into the Poway school district). It's another example where sales have popped this year, like in Fairbanks Highlands next door and Rancho Pacifica. There was...
A standard Carlsbad-REO tour with some tips along the way:
