Terramar Beach Bungalows

Two legal beach bungalows separated by a terrific garden in the middle of one of the largest residential lots (10,200sf) this close to the beach – plus it’s in the exclusive Terramar neighborhood which has its own private access to the sand! Away from the high-density tourist areas, this feels like you’re in a regular suburban neighborhood without the maddening beach traffic – yet you can walk two blocks to the beach! In the main house in front, you’ll be greeted by the contemporary great room that’s centered around an inviting butcher-block island, remodeled kitchen, and open-beam ceilings that feel ‘cute and cozy! New roof, newer windows, solar panels (no electric bills!), several skylights, air conditioning & laundry rooms in BOTH houses, no HOA, and the huge yard is ideally suited for gardening! Big money has discovered Terramar, and several estate-sized projects are underway – get yourself a piece of prime beach property!

5239-41 El Arbol, Carlsbad

3 br/2 ba house in front, and 1br/1ba house in back

10,200sf lot

No HOA

LP = $2,440,000 – SOLD!

We represented the sellers.









Aviara Culdesac Home Near Lagoon

914 Merlo Ct., Carlsbad

4 br/4 ba, 3,492sf

YB: 1998

LP = $2,095,000

SP = $1,860,000 – we represented the buyers

Largest plan (The Savannah) in Azure Cove at Aviara. One of only 10 homes on a quiet cul-de-sac. Huge lot is nearly 1/3 of an acre with endless possibilities. Low HOA. CARLSBAD SCHOOLS. Main level den/optional bedroom with private access to the exterior. Expansive living and formal dining area. The kitchen, sunny breakfast nook and family center with its corner fireplace create a comfortable place for relaxing. Dutch stairway offers extra storage beneath. Convenient upstairs laundry room. Spacious primary bedroom features two retreat areas. Two secondary bedrooms upstairs each have a private bath. Central air conditioning, newer furnaces, plantation shutters. OWNED SOLAR. Extra deep parklike backyard with private spa. Short walk to the Batiquitos Lagoon trailhead.

Newer in NE Carlsbad

3469 Glen Avenue, Carlsbad

4 br/4.5 ba, 3,124sf

YB: 2016

LP = $1,850,000

SP = $1,800,000 – we represented the buyer

A rare offering of matchless style, luxury & privacy located in sought after Foothills of Robertson Ranch! Rare floor plan lives like a single story w/ 1st floor primary suite, ensuite BR office & half BA. Situated on a quiet cul-de-sac street, this masterfully designed Toll Brothers home blends modern Mediterranean aesthetics w/ timeless design offering the utmost in modern convenience: owner selected custom finishes, owned solar, water purification & reverse osmosis system, electric car charger, home generator & Ring Security System. Curb appeal exudes from the lush landscaping while 12ft ceilings & crown molding throughout work to create a captivating interior. Versatile home office w/ tray ceilings & custom built-ins. Beyond the functional entryway, the home flows into an airy open-concept layout designed around the gourmet kitchen & great room w/ hardwood floors throughout the main-level. Bathed in natural light & accented by pano glass doors, the spacious living areas flow seamlessly into the California room extending the comforts of the interior outdoors creating an ideal setting for casual lounging or hosting elevated gatherings alike. Expansive modern kitchen equipped w/ custom cabinetry, quartz counters, SS appliances, 6 burner gas range & walk in pantry. Multiple sets of arched windows define the dining room w/ tray ceilings. Primary suite complete w/ tray ceilings, private backyard access & spa-quality BA w/ dual sinks, vanity area, walk-in shower, soaking tub & expansive walk-in closet. Upper level features a spacious loft, an ensuite BR, additional guest BR, full BA & laundry. Robertson Ranch community pool & spa, clubhouse, parks & more! Top rated Kelly Elementary, Valley Middle & Sage Creek High. Easy I-5 access, 3 miles to Carlsbad Village & beaches. Welcome Home!

Carlsbad Newer One-Story w/View

3727 Mastodon Ct., Carlsbad

3 br/2.5 ba, 1,982sf

YB: 2014

SP = $1,700,000 – we represented the buyer.

Like new single-story home with pleasant views in the Foothills of NE Carlsbad. Wood tile floors, high ceilings, perfect great room with cantina doors overlooking the expansive patio and landscape. Twinkling-light views for miles!

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Over List, September

The willingness of buyers to pay over the list price will probably keep dropping off, just like it did last year. There were discounts too, with 16% of the September sales closing at 10% or more BELOW their list price.

The lousy way we measure pricing makes it look like the market is steady:

In the months when the average and median sales prices increased, it didn’t mean your home’s value went up – it just means that the set of homes were a little bigger and nicer than other months. And vice versa!

Today, there are only 134 pendings, so it will be in the monthly sales counts where we’ll see impact. Last year, the monthly sales in the fourth quarter were 133, 123, and 110, and if we can get close to those counts with mortgages around 8%, it would be great.

La Costa Valley Action

I have sold two LCV listings this year – here are my results:

Both of mine sold in the first week on the market for $100,000 over their list prices.

The addresses highlighted in blue here are the group I named the La Costa Valley 6 – the comps that would have given other sellers confidence that their values were in the low-$2,000,000s….at least in June, 2023. Here is a link to the last update (dated June 27th):

https://www.bubbleinfo.com/2023/06/27/la-costa-valley-6-update/

What has happened since to the LCV Six?

Two of the six are still for sale. My sale on Corte Cidro and three others closed escrow.

But look at the other new action too:

The addresses in bold:

Unbelievably, the model match to my Corte Cidro sale, 2185 Corte Arboles, hit the market at $1,799,500, three weeks after mine closed for $2,200,000! Hard to understand why they didn’t try for more – the house was described as ‘beautifully renovated’, and in the photos it looked a lot like my listing did. There was probably some street noise from Olivenhain Road, but $400,000 worth?

Corte Cicuta had been the first sale that set the tone for the 2023 Spring Selling Season, selling for $714/sf in March. But to demonstrate how thin the demand can be, only one buyer looked at that house, and bought it right away.

Sitio Caucho was a large 3,578sf house on a culdesac with westerly view, so no surprise that it sold right away too. At $622/sf, it looked like a good value.

2305 Camino Robledo was the wild card, because at the time, the only comp was Corte Cicuta at $714/sf so I didn’t think it had much chance of selling. The model match next door is still for sale, now listed for $714/sf, and when the 2305 buyer walked into that open house, he said ‘Oh s***, what have I done?’ – realizing that he paid too much.

The two sales on Camino Serbal were Davidson-built homes, and superior in quality.

Bottom line in the new era: You never know when a neighbor will dump on price, and it affects everyone else. The four active listings are now hung out to dry by the Corte Arboles sale, and at this point, they don’t have much chance of selling for $2,000,000+ when in May/June they could have gotten it easily.

More MLS Remarks

PLEASE DO NOT CONTACT ME FOR OPEN HOUSES. Title and Escrow to be seller’s choice. Deposit to be in escrow within 48 hours of acceptance and seller has the right to cancel without providing a notice to perform, if the deposit isn’t received by escrow within 48hrs.

**NO MORE SHOWINGS, MULTIPLE OFFERS OVER ASKING PRICE IN HAND**

For offers full price and above, seller is offering a full commission of 3%

Offers do by Wednesday 5pm

Views are not guaranteed and can be abstracted at any time.

24 HOUR NOTICE FOR QUALIFIED BUYERS ONLY! DO NOT WALK PROPERTY, PLEASE! SKIDDISH TENANTS.

Seller is not open to making repairs or offering buyers a credit for repairs.

Paint is fire proof

Please, no blind offers. Please do not call to ask if I have offers, email your highest and best.

Please do not submit any narratives or photos of your buyers regardless of how cute they may be- only the actual offer will be submitted. The super cuddly dogs do not convey with the house. Seller is NOT contingent on purchase. Please do not play the harps (I know it is soooo tempting).

Buyer must have inspection completed by certified ASHI, CREIA, NACHI, or NAHI Inspection Company.

Possible noise from traffic, aircraft and watercraft activities, appliances, and neighbors etc. Buyers are recommended to investigate neighborhood safety by contacting the local police department.

Owner is a fragile, elderly lady with a bad back. Don’t make it weird, thanks.

Bob Dylan and the Heartbreakers

This guy is 82 years old! Bob Dylan made a surprise appearance on Saturday night at Farm Aid 2023 in Noblesville, Indiana. He played guitar (marking the first time he’d played guitar and not keyboard in live performance since 2012) and was joined by three members of Tom Petty’s Heartbreakers—Mike Campbell, Benmont Tench, and Steve Ferrone—for a performance of three songs from 1965: “Maggie’s Farm,” “Positively 4th Street,” and “Ballad of a Thin Man.”

Dylan, 82, began the set with his first “Maggie’s Farm” since he performed it at the 2011 Grammys, and followed it up with another song from 1965, “Positively 4th Street.” That single, which was released between Highway 61 Revisited and Blonde on Blonde, hadn’t been played since 2013. The closing song was “Ballad of a Thin Man,” from Highway 61 Revisited, which was aired for the first time since late 2019.

Watch it happen below.

Bob Dylan stunned the Farm Aid crowd outside Indianapolis last night (Sept. 23) with a surprise three-song set backed by members of the Heartbreakers, marking the first time he’d played guitar and not keyboard in live performance since 2012.

AROUND 10:20 P.M. on Saturday night, a shadowy group of figures walked onto the Farm Aid stage at the Ruoff Music Center in Noblesville, Indiana. This was supposed to be the moment where Wille Nelson wrapped up the night, but there was no sign of the Red Headed Stranger or his band. Instead, another act was plugging in instruments on the darkened stage. There was no announcement of any kind, and the large screens on both sides of the stage went completely blank for the first time all day. It took about 15 seconds for the screams to start once the light hit the face of the guy in the middle.

Bob Dylan was back on the Farm Aid stage for the first time since the inaugural event in 1985, which was inspired by his off-hand comments at Live Aid a few months earlier about helping family farmers. Joining him were 3/5th of the Heartbreakers — guitarist Mike Campbell, keyboardist Benmont Tench, and drummer Steve Ferrone — alongside members of Campbell’s other group, the Dirty Knobs. Dylan was playing electric guitar.

Dylan toured frequently with Petty and the Heartbreakers in 1986 and 1987, but the musicians shared a bill only twice afterwards, in August 2003 in Holmdel, N.J. Dylan also teamed with Petty, Roy Orbison, George Harrison, and Jeff Lynne in the Traveling Wilburys, capping a fruitful late ’80s run which included the surprise 1988 hit “Handle With Care.”

The Heartbreakers, who backed Tom Petty for more than 40 years until his death in 2017, were represented at Farm aid by guitarist Mike Campbell, keyboardist Benmont Tench, drummer Steve Ferrone, and were augmented by Campbell’s Dirty Knobs bandmates Chris Holt on guitar and Lance Morrison on bass.

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