PHR Modern

The top-of-the-line Pardee tract in Carmel Valley opened this weekend, and they had hundreds of people show up.  The first release had eight homes available, starting in the $1,700,000s, but prices go up quickly from there:

With so many homes being built in Pacific Highlands Ranch, the Solana Beach school district is struggling to catch up.  They need to build a new elementary school, or expand the existing ones.  It looks like they are a little short on funds to build a new school (would they bump the Mello-Roos?), or instead they could bring in more portable classrooms:

Link to school district comparisons

Those spending the first $1.75M to $3.2M will live on Skyglitter Trails:

Flood of New CV Homes

Click on photo to enlarge

Pardee has four new tracts of homes in Carmel Valley. There will be a total of 377 houses here, plus a fifth tract (and the highest-priced), Vista Santa Fe, which is opening in January.

The grand-opening-after-the-pre-opening is this weekend and remarkably they have already sold 3/4 of the homes released for sale.

Prices are $1.6M to $2.4M in Vista Del Mar. Here’s a tour of the Plan 2 model:

PHR Toll Brothers

Beginning in the 1980s, Pardee Homes developed almost all of Carmel Valley, and now they are down to the last remaining parcels. For some reason, they sold off 69 prime lots to Toll Brothers, and now plans to go head-to-head with them with their neighboring tract next door.

There was a time when people commented on this blog that PHR was so far out that it was more like Penasquitos Highland Ranch.  But Pardee plowed through the land they’ve held for decades and now they’re down to the last few acres.

Toll Brothers has five floor plans, with two of them being one-story layouts.  The one-story homes range from 4,542sf to 4,765sf, and the two-story plans start at 5,945sf.  Prices range from $1.9 to $3.2 million.  This past weekend was the grand opening, and they have sold seven of the 16 available.

Think the market is tanking?  They had 500+ people attend this weekend.

A video tour of the one-story model:

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