For those who are thinking of building a home on the bluff, you may want to consider this recent case seen at Encinitas Undercover– hat tip WC!
The property owners purchased a vacant lot in 2012 for $1,700,000, and it appears this approval process has been underway ever since.
In 2013, the City of Encinitas planning commission approved the homeowners’ plan to build a two-story 3,553 square foot home with a 1,855 square foot underground basement and a 950 square foot garage. The seaward side of the structure would be set back 40 feet from the edge of the bluff.
Shortly thereafter, the geotechnical engineers revised their required report which recalculated the math but came to the same conclusion – a 40-ft setback from the edge of the bluff would work and comply with the generally-accepted rate of 30 feet of erosion over the next 75 years.
But then two commissioners from the Coastal Commission filed an appeal, so the homeowners hired a different engineering firm to complete a second geotechnical report. When the appeal was heard, the Coastal Commission rejected the second report and approved the project with a 60 to 62-foot setback from the edge of the bluff.
The Commission explained that the building footprint resulting from a 60 to 62-foot setback from the bluff edge would still allow the Lindstroms to construct a 3500 square foot home, not including a basement, and that if the Lindstroms obtained a variance from the City reducing the frontyard setback, the building footprint would be even larger.
The homeowners took the Coastal Commission decision to the 4th Appealate District Court of Appeal, who rejected their 40-ft argument but approved the project with no seawall, and a 60-62-ft setback.
WC included this review with links to the actual court documents:
The largest wooden-bodied car show in the country is underway! Hat tip Nancy.
This is it ……Wavecrest, the granddaddy of all woodie meets.
At Moonlight Beach at the end of Encinitas Blvd in Encinitas, CA you will experience the longest running and largest gathering of woodies in the world. Woodies begin arriving in the wee hours and by 8:00 am there are around 300 woodies of every size, shape, description on display. Throughout the day there is Hawaiian and surf music performed live, along with fabulous raffle prizes and awards for the best of the best. Wavecrest merchandise and food will be available at the event.
Friday Sept 20 Sundowner at Moonlight Beach 4:00p to 7:00p
Sat Sept 21 at Moonlight Beach 8:00a to 7:00p for Breakfast, Concerts, Sunset Dinner, Prizes and Auction.
For Encinitas homeowners who are considering a granny flat – or buyers who want to purchase a suitable property – this is a 7-minute primer from one of the architects who helped guide the city to their current policy (which is the most flexible in North County).
He quotes the costs to build a granny flat to be between $75,000 to $300,000, depending on size, which still sounds like too much for most people. But he thinks that in the long run the benefits are so great that homeowners who have the right-sized property will build one.
At this rate, the median price in 2039 will be $2,988,000! Hat tip to Richard!
San Diego County residents who bought homes in the 90s are reaping the benefits of a hot housing market.
Homebuyers who purchased their properties 20 years ago are “sitting pretty” in 2019, according to a study by GOBankingRates.
The study ranked 15 California cities by property appreciation rates. Six of the top 10 increases were in the San Francisco area. Two Los Angeles-area cities, Santa Monica and Newport Beach, finished first and second on the list, respectively.
The only San Diego County city on the list of top 20 locations for home appreciation was Encinitas.
In 1999, the median home value in Encinitas was $343,500. The figure now stands at $1,198,000, marking a 248.8 percent increase in value over 20 years, the study reports.
The five-year rental income on an Encinitas home is $229,688, according to the study.
See our interactive map of top California housing markets for home value increases:
Here are the histories, and forecasts, of our local Zillow Home-Value-Index for each area:
They are forecasting flat or declining prices in three of our larger areas – and they are also predicting a drop-off in values as the selling season will be getting underway in March, 2020 (which sounds far-fetched).
Their track record hasn’t been that great though. Here is their Carlsbad prediction in December, 2015, when they expected a 1.9% increase for 2016 – the actual was +7%:
The Carlsbad HVI has risen 19% since the beginning of 2016!
Can we agree on one likelihood? Prices probably won’t be going up much in the next year or two.
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