Archive for the ‘North San Diego coastal real estate’ Category

Gorgeous New Listing in Carlsbad’s Santa Fe Ridge

Saturday, June 10th, 2017

Upgraded and bright Santa Fe Ridge home located in South Carlsbad with award-winning Encinitas schools. 3 bedrooms, 2.5 bathrooms, 1953 square feet. 

Features include private landscaped courtyard entry, upgraded kitchen and bathrooms, recessed lighting and vaulted ceilings, custom paint throughout, ceiling fans, dual pane windows and sliders, plantation shutters, tile flooring downstairs, new carpet upstairs.

Beautifully landscaped and well maintained spacious, private backyard with inviting patio and grass areas. Furnace and AC installed in 2015, new hot water heater. Located close to everything – shopping, dining, entertainment, schools and highways…and of course, the beach!

For more information and to view more photos please click here.

Open Sunday 6/11 from 1-4 PM.

Call Nicole to schedule a showing at 760-580-7992

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New Listing: Upgraded Oceanside Townhome Close to Beach/Downtown

Thursday, January 19th, 2017

Gorgeous upgraded end unit Windward townhome – largest model in complex with cathedral ceilings, patio, balcony, mountain views. Stunning kitchen with granite counters, stainless steel appliances including beverage fridge and refrigerator, custom paint, crown molding and 5″ baseboards throughout. Optional 4th bedroom/den/office downstairs, wood flooring on stairs, master bath with oversized spa tub – clean and gorgeous! Gated complex, ample storage, attached 2 car garage, blocks from downtown Oceanside and beach.

Features Include:

– 3 bedrooms plus optional 4th downstairs bedroom, 1776 square feet

– Largest model in complex

– Granite kitchen with stainless appliances, refrigerator and wine fridge, upgraded
cabinetry and fixtures
– Designer tile flooring downstairs, wood floors on staircase and upper hallway
– Large living room with fireplace and hidden storage area
– Gorgeous master bathroom with oversized jacuzzi tub and towel dryer
– Walk in closets in all bedrooms

– Custom paint throughout

– Crown molding, 5″ baseboards, high ceilings

– Tons of storage

– Views out to hills, mountains and canyons

– Downstairs patio and upstairs balcony

– Attached 2 car garage

– Gated, quiet  complex with pool, spa and clubhouse

– Low HOAs and no mello roos
– Washer, dryer, towel dryer and refrigerators convey
– Only a few blocks to downtown Oceanside and the beach
Please call Broker Rachel LaMar with questions or to schedule a showing at 760-310-9466. This is s short sale subject to lender approval. To view more photos and see a virtual tour please click here.
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New Listing: Upgraded Seaport Home with Large Yard

Wednesday, August 3rd, 2016

Welcome to 7205 Mimosa Drive in Carlsbad, offered at $839,000.

If you never thought you could fall in love with a home, wait until you see this one. This spectacularly upgraded home is where memories will be made, friends and families will gather, and long lazy days will be spent in the impeccably landscaped pool-sized backyard with ocean breezes and peek views of the stunning Batiquitos Lagoon. Lovingly updated with top of the line materials, gorgeous kitchen and fabulous loft with view balcony. 45_8337111_76698_bpo-76698-145

Enjoy distressed wood plank flooring, custom paint, new windows and doors, incredible chef kitchen with granite counters, custom cabinetry and stainless appliances. Updated bathrooms with extended Italian porcelain shower in the master bath, upgraded fixtures throughout, crown molding in bedrooms, cedar plank master closet, enormous rectangular yard with room for large pool, raised patio, putting green, vegetable garden and lagoon views from deck. RV parking, storage shed and large patio off the kitchen for entertaining. Huge bright and open loft upstairs with ocean and lagoon peek from electronic Sunsetter covered balcony, room off of loft – playroom, office, den, or add closet for another bedroom. Newer roof, garage storage and workbench, ceiling fans, and whole house wiring. Adjacent to Batiquitos Lagoon trails, and short stroll to shopping, dining, grocery store, library, movies and more. Carlsbad schools – blocks to Aviara Oaks Elementary and Aviara Middle School. Great neighborhood with NO HOAs or mello roos. Moment to beaches…come live the Carlsbad lifestyle.

8_8337072_76698_bpo-76698-108Features include:

– 3 bedrooms plus 1 optional, 2 baths, 1653 square feet

– Distressed wide plank wood flooring

– New windows and doors throughout

– Gorgeous kitchen with granite, stainless appliances, custom cabinetry, raised ceiling,

movable island counter, added window and updated fixtures

– Crown molding in bedrooms, plantation shutters

– Lovely master suite with French doors to the yard, cedar plank built-in closet

– Italian porcelain extended shower in master bathroom

– Upgraded fixtures and custom paint throughout 25_8337089_76698_bpo-76698-125

– Pool-sized yard: raised deck with lagoon views, putting green, vegetable garden,

storage shed and large patio off kitchen

– RV parking

– Big, bright, open loft upstairs with ocean peek view balcony, Sunsetter electronic shade

and recently redone deck

– Room off loft – office, playroom, den, or add closet for another bedroom

– Newer roof (8 years old)

19_8337083_76698_bpo-76698-119– Garage laundry area, storage and workbench

– Fans

– No HOA or mello roos

– Adjacent to Batiquitos Lagoon and trails

– Carlsbad schools – Aviara Oaks Elementary and Middle Schools are blocks away

– Stroll to shopping, dining, movies, coffee, grocery store, library and more

– Moments to beaches, transportation and everything Carlsbad has to offer

For more information and photos click here. Call Broker Rachel LaMar with questions or to schedule a showing at 760-310-9466. MLS# 160042727. OPEN SUNDAY, 8/7 1-4:00 PM

 

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New Exquisite Luxury View Listing in Carlsbad

Thursday, June 9th, 2016

Welcome to 1628 New Crest Court in Carlsbad, Offered at $1,479,000. 6_8268498_74484_EA-74484-104

Pure luxury abounds in this exquisite new construction Carlsbad home, situated on the end of a cul de sac with gorgeous easterly sunrise, canyon and mountain views, and only minutes to the beach. This stunning home has it all, with impeccable attention to detail – hardwood flooring, plantation shutters, stainless top of the line appliances, silk granite and quartz counters, French doors, complete landscaping, and much more, on an 8800+ square foot view lot that is adjacent to open space.

7_8268495_74484_EA-74484-105Features include:

– 5 Bedrooms (one downstairs), 4.5 baths, 4234 square feet

– 8816 square foot private lot

– End of cul-de-sac view lot – canyon and mountain easterly views

– Open floorplan with 9-10 foot high ceilings throughout

– Hardwood flooring downstairs and designer carpeting upstairs

– Enormous kitchen with oversized satin finished granite island

– Quartz kitchen counters and custom full-height tiled backsplash

– Satin white cabinetry with soft close in kitchen

– Stainless Dacor (Bosch-quality) appliances, including 3 ovens and 6-burner stove

– Butler pantry, large walk-in storage pantry and breakfast nook 30_8269020_744841_EA-74484-120

– Spacious family room with fireplace and folding doors to bring the outdoors inside

– Master & powder bath Marble countertops with tile and wood floors

– Cultured marble and tile backsplash in laundry room, and all other baths

– Outdoor covered loggia

– Upgraded fixtures and lighting

– Downstairs bedroom and bathroom with French doors

– Recessed lighting in all rooms

– Instant water heating in Kitchen and Master bathroom

– Rannai tankless water heaters

34_8269022_744841_EA-74484-122– Plantation shutters and vertical blinds

– Heat & Glo Fireplace

– Goodman A/C

– Lift master garage door openers

– Rainbird sprinkler system with auto humidity control

– Master bedroom balcony and Juliet balcony in front

– Mission Drywall Texture

– Front courtyard

– Fully landscaped and hardscaped

– Carlsbad Unified School District

– Close to shopping, dining, parks, beaches and highways

For more information and photos please click here. Or call agent Rachel LaMar for a private showing at 760-310-9466.

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Where Can You Buy a House in North San Diego for Under $500,000?

Monday, July 7th, 2014

The North San Diego housing market is pricey, and for that reason many people move outside of the county in order to find affordable homes. Of course they have to deal with long commutes to work in San Diego, not to mention being away from our ideal weather, but it makes sense for many.

If you just can’t fathom not living the San Diego lifestyle and don’t want to live outside the county, there are some areas where you can afford a detached home for under $500,000. Let’s focus on three areas in North County that will allow you to afford San Diego real estate on a budget under $500,000.SanMarcos

San Marcos. San Marcos is a great area that has changed dramatically in the last decade. Located only 8-10 miles from the ocean and right off the 78 freeway (close to the 15 and  less than 10 miles from the 5), this community offers several different neighborhoods where your dollar can stretch a lot farther than in coastal neighborhoods. There are many restaurants, shopping and entertainment throughout the community, as well as Cal State University San Marcos.

There are currently 45 active homes under $500,000 in San Marcos, in neighborhoods like Discovery Hills, Twin Oaks and Santa Fe Hills. Each neighborhoods offers different amenities – some are gated communities. There are also retirement communities in the Lake San Marcos area that will fit into this budget. If you have a townhome or condo in mind you will have even more choices, such as the well-known walkable community of San Elijo Hills.

VistaVista. Vista has been touted as one of the best weather cities in North San Diego. With constant ocean breezes (Vista is located 7 miles from the ocean) and a central location to all of north county, Vista has a lot to offer, whether you are looking to live in the middle of or away from it all. According to Wikipedia “Vista was listed as the seventh-best place in the United States for family life, based on factors such as jobs and business opportunities, education, climate, and cost-of-living in a 2008 review.

Right now there are 86 active detached homes under $500,000 in Vista. These properties lie in different areas of the city, from the popular Shadowridge area (which sits right next to Carlsbad and has a nice golf course and close proximity to the ocean), to rural and city neighborhoods.

Oceanside. If you want to live closer to the beach Oceanside, San Diego’s northernmost community, is a great option. Formerly known as solely a military town, Oceansideit has developed and changed substantially in the last decade, with a variety of neighborhoods along and off the 76 corridor. Many homes here can be purchased for under $500,000 – whether you are looking for older or newer homes, tract neighborhoods or custom homes. There really is something for everyone in Oceanside.

Currently there are 171 detached homes on the market in Oceanside, including many different neighborhood types and locations. Oceanside is known for its wonderful weather, nice beaches and the pier, its many bike and hiking trails, and Mission San Luis Rey.

There are coastal finds for under $500,000 in other cities as well. For more information, detailed market reports and/or home listings in any of these or other north San Diego areas, please feel free to contact me at Rachel@LaMarRealEstate.org, or visit my website.

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Carlsbad Ocean View Home for Sale

Friday, September 6th, 2013

Enjoy ocean views and peeks, sea breezes and stunning sunsets from this fabulous turn-key single story Terramar  beach home, located just across the street from the sand and your private beach entrance. -1With a full remodel just completed and over $100,000 in upgrades, this home is move-in ready.

image009_mlsEverything has been redone: wood and tile flooring, granite counters, stainless appliances, custom paint inside and out, landscaping in the large, private backyard (new sod, sprinkler system, plants), dual pane windows, fixtures and hardware, epoxy garage floors…and more! Detached 2 car garage and plenty of parking. This 2 bedroom, 2 bath home includes bonus room and laundry room, & offers plenty of living space. Stroll/ride into the Village to dine, shop or catch the Coaster.

Terramar is Carlsbad’s premier beach neighborhood, comprised of beach cottages and multi-million dollar homes, and offering casual beach living on one of the only private beaches in San Diego. Want an even bigger view? Add on a second story or roof top deck for a panoramic ocean view.

Features include:

•  2 bedrooms, 2 baths, 1085 square feet

•  Large bonus room/optional 3rd bedroom

•  Ocean views

•  New wood and custom tile flooringimage013_mls

•  Granite counters in kitchen with glass tile backsplash

•  New stainless appliances, including refrigerator

•  Fully remodeled bathrooms – everything is new/upgraded

•  Indoor laundry room – washer and dryer included

•  New fixtures, hardware, sinks throughout

•  New paint – interior and exterior

image018_mls•  Large private, freshly landscaped backyard with lots of room

•  2 Car detached garage with expoxy flooring

•  New dual pane windows throughout

•  Owners have access to private gated Terramar Beach, just across the street

•  Carlsbad Village and boardwalk are just blocks away – dining, shopping, entertainment

•  Close to Coaster station, transportation and highways

•  Stunning sunsets

•  Potential for additions, with panoramic ocean view from a second story

•  Great primary or secondary home, or fantastic investment, with vacation rental income potential.

List price: $998,000. MLS #130047732 . Click here for virtual tour. Please call agent Rachel LaMar for more details at 760-310-9466.

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Is the Housing Market Really Improving?

Sunday, July 22nd, 2012

If I had a dollar for every time someone asked me how the housing market is doing, I would be a very happy lady. Right now there are a lot of stories and speculation out there as to the status of the housing market. There is definitely a lot of positive news, and that seems to be the majority. But nevertheless, when I report on it I still get comments from people claiming that their area is still hard hit, rife with foreclosures, etc. Can we answer the question, “how is the market?” in general terms?

The answer is “not really.” Although most areas of the country are in a better place than they were say, two years ago, the answer to the housing market status question is still area-specific. Some areas – like many parts of California and Arizona (due in part to inventory shortages) and Idaho – are experiencing positive signs, like increased sales, multiple offer situations, lower foreclosure numbers, and construction booms. Yet other areas, such as New Jersey, have thousands of empty homes that have not hit the market yet (New Jersey has one of the highest “shadow inventory” rates in the country – the  number of homes owned by lenders but not yet active on the resale market).

So in some areas of the country we are seeing housing improvements on different levels, while in other areas we are not seeing such signs. Therefore, looking at housing from a national perspective really does not provide an adequate picture as to what is going on in your area. As I always say, it is more important to focus on your specific area and ignore the media reports on housing (unless they are hyper-local reports). So let’s take a look at what’s going on locally.

The California housing market improved 8.5% in sales in June from the same time last year. Prices also increased 8.1% from the same time last year, according to the California Association of Realtors (CAR). Low inventory rates in many areas, as well as low interest rates and ready buyers, combined to jack up the competition and bring more offers and more closed escrows.

Here in San Diego county, the median price for all North County homes – attached and detached – increased $13,000 from May to June, 2012. Wow! That is a big increase in one month. Among detached homes, North County experienced the highest median price recorded for single family detached homes since 2010 (a 4.68% increase in price from May to June of this year). Attached homes in North County also increased – 1.97% from May to June of this year. [Data complied by NSDCAR via HomeDex]

The number of sold homes in North County increased for the 5th month in a row, while the number of single family detached home listings decreased from May to June by 6.15%, with a fall of over 35% from June 2011. Normally the busiest selling time of the year, this Spring and Summer have definitely been different in the local housing market. The lack of inventory and the demand for such continues to strengthen the local market in terms of price and sales.

Outside of North County (the rest of San Diego county), detached home prices increased 0.87% from May to June, and attached home prices remained steady from May to June (at $210,000).

Locally, we are definitely seeing a housing market rebound. For those who have to purchase it can be trying, due to the low inventory and fierce competition, including investor buyers who often can present cash offers. What we need locally is more inventory. Although prices are down from the heyday of the market, it still can be a great time for sellers who need to sell or have equity in their homes.

When focusing on the housing market and whether it is truly “recovering,” my advice is to ignore the national media and look at housing reports in your area, or the area in which you would like to purchase. If you would like a copy of the HomeDex report, please send an email to me at Rachel@LaMarRealEstate.org, and I will be happy to send it to you. I am also happy to provide a thorough market analysis of any San Diego neighborhood.

 

Photos courtesy of Dreamstime

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CA Real Estate Market News: Great Time for Sellers!

Tuesday, June 5th, 2012

If you are a buyer in California, especially in the San Diego area, you likely have noticed that many properties are going quickly once they are listed, oftentimes with multiple offers. It is a great time to buy, and and also can be a terrific time to sell if you have an experienced real estate agent on your side. Check out this interesting infographic from the California Association of Realtors:

 

competitiontobuyremainshigh(2)

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Is San Diego a Seller’s Market?

Monday, May 14th, 2012

Things are really heating up in the real estate market in San Diego. Encountering multiple offer situations is not uncommon these days, especially with properties that are priced well and are in good condition. So, is it a seller’s market?

To answer the question we need to divide the market into attached and detached homes.

Attached homes: In the attached market many areas of San Diego are officially in the seller’s market territory. What does this mean? It means that sellers are receiving multiple offers, prices are going up, and sellers are able to often drive prices higher and pick their choice of offers. This means that buyers do not have as many opportunities to submit lowball offers, even when they would realistically pay more but want to “feel the waters.”

Of course, long gone are the days of severely inflated prices, but I will take a thorough look at comparable sold properties, and advise my clients to stay as close as they can to those numbers (assuming the properties are similar to the one on which they are placing an offer). Slight increases from the comps are definitely justified, as the market is trending upwards in many developments.

Overbidding is often something a buyer may want to do to secure getting their offer accepted, and as a listing agent I have received multiple offers sufficiently over the asking price. However, as much as I would like my sellers to get the highest price possible for their home, when I doubted that the offered price would survive an appraisal I counseled my sellers to choose not the highest offer, but the one most likely to close (cash offers first, and then loans with very qualified buyers and nice downpayments). So, it is not just about the numbers, but buyers DO have to be aware that if they truly want a certain property they need to present their highest and best offer in today’s attached home market.

Detached homes: Detached homes are still in the buyer’s market category here in San Diego in most areas, but in reality it depends on the area, inventory and price range. In most north county coastal cities, such as Carlsbad, Encinitas and Solana Beach, we have seen prices stabilizing and little change in trending. As more inventory comes onto the market as we head into summer it just may create a trend toward higher prices, but we will have to see how strong demand is at that time.

Personally, I have seen that listings are going very quickly in the detached market. Three recent listings of mine all received offers within days of listing, including multiple offers. So my advice is that it really matters in which area the property is located, and that buyers still want to write offers as strong as possible, unless they know there are no other offers and they feel they have time for negotiations. It is important you work with a skilled buyer’s agent who knows the local market and can negotiate well on your behalf.

The bottom line is that if you are a buyer looking for a detached home, it is still a great time to negotiate. Have your agent do her research on the comparables, and come in with a strong offer…but there is no need to offer an amount sufficiently above comparable solds. If your agent knows there are other offers on the property of course you need to discuss how to present your offer in the best light to give it the highest chance of acceptance.

Happy house hunting, and please let me know if you have any market questions you would like to see answered here.

 

Photos courtesy of Dreamstime.

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Home Prices are Rising

Thursday, March 29th, 2012

Home prices are rising and have been doing so for the last three months.  According to Standard and Poor’s newest Case-Shiller index report, prices have actually showed a decline, but that fact has been disputed by other reports. In North San Diego, I agree that prices seem to be rising and market times, not including short sales, are decreasing.

The discrepancy between the Case-Shiller report and other reports that have studied markets across the country is that the other reports focus on when contracts are signed – it uses the prices agreed upon at that time, even though it could be months until the properties close escrow.  Case-Shiller uses the prices reflected at the close of escrow, so there is quite a bit of lag time, up to several months, which skews the results.

Market Trends: The general consensus is that if you focus on what is trending, rather than waiting until close of escrow down the road, you get a clearer picture of price increase. Of course, there is the possibility that some of these sales may not close escrow, or may not appraise at the agreed price, but there is still a valid argument that focusing on what people are WILLING to pay and do get into contract for is a more accurate measure of hyper-local market analyses.

North San Diego: From a personal standpoint, I agree that prices seem to be increasing in the North San Diego market. We are seeing a lot of multiple offer situations, especially in the lower price ranges (under $400,000) across the county. Also apparent is that that the days on market time seems to be decreasing. In Carlsbad alone the average market time (for all four zip codes combined) for detached homes is 76 days, but if you scroll through all the pending listings you will notice many that sold in under a week. For attached homes in all four Carlsbad zip codes the average market time is 84 days, but again, you will notice a handful of properties that went into pending status quickly.

Sales Time Trends and Short Sales: Another trend I am seeing is that short sales contracts are being presented and accepted faster, especially in the under-$400,000 price range, with both attached and detached homes. These sales go into contingent status (meaning an offer has been signed and accepted by the seller pending approval by the short sale lender(s)) much quicker these days, but the market times are longer because the parties await short sale lender approval. The wait time, which can take months, throws off the market time numbers and makes them longer, so that has to be considered when looking at the sale times.

All in all the news is positive that the market here in San Diego is improving,which is great news for homeowners and buyers alike. According to Altos Research, the statistics indicate that the tables have turned slightly in the condo market, making it a seller’s market for the first time in a long time; the detached home market is still a buyer’s market. Hopefully the road ahead will continue to bring us closer to a more “normal” market.

Please feel free to contact me if you would like any detailed market reports and statistics sent to you, and I will be happy to do so. Send your request to Rachel@LaMarRealEstate.org.

 

 

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