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An Insider's Guide to North San Diego County's Coastal Real Estate
Jim Klinge, broker-associate
858-997-3801
klingerealty@gmail.com
Compass
617 Saxony Place, Suite 101
Encinitas, CA 92024
Klinge Realty
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Are you looking for an experienced agent to help you buy or sell a home? Contact Jim the Realtor!

Jim Klinge
Cell/Text: (858) 997-3801
klingerealty@gmail.com
701 Palomar Airport Road, Suite 300
Carlsbad, CA 92011


Category Archive: ‘Encinitas’

Encinitas Upzoning

Nice drone work over Encinitas in this video:

California Gov. Gavin Newsom has made clear that cities that fail to commit to building affordable housing will be in trouble.

His actions are making Encinitas nervous.

The North County city is one of 47 municipalities — the only one in San Diego County — that has failed to submit a plan to the state identifying sites for housing production of all income levels. After twice rejecting those plans at the ballot box, a judge is intervening.

Voice of San Diego’s Jesse Marx and NBC 7’s Catherine Garcia unpack Encinitas’ ongoing legal problems over affordable housing.

Link to Article

Posted by on Feb 24, 2019 in Encinitas, Jim's Take on the Market | 2 comments

Olivenhain Luxury Estate

Here’s a video tour of our new listing at 939 Calle Santa Cruz, a luxurious 4 bedroom (plus office), 3 bath, 4,739sf home with 3-car garage plus RV parking on an half-acre lot in Olivenhain.  List price is $2,200,000.




It has the size, privacy, and luxury of a home you’d find in neighboring Rancho Santa Fe, but with modern conveniences such as cable TV/internet, sewer, and natural gas on a much-more manageable half-acre lot size!

Enjoy the well-appointed 4,739sf interior space and then mosey through one of the several floor-to-ceiling glass doors to the exterior – where you’ll find equally engaging features such as outdoor kitchen/BBQ, solar-heated pool and spa, gas heaters, waterfall, and ADU.

Posted by on Jan 23, 2019 in Bubbleinfo TV, Encinitas, Jim's Take on the Market, Olivenhain, Why You Should List With Jim | 4 comments

Encinitas Pre-Approved ADUs


The cities of Carlsbad and San Diego should do this too:

Encinitas is offering homeowners a money-saving solution for building granny flats on their properties, hoping that these units will help meet the city’s housing goals.

The City of Encinitas created the Permit-Ready ADU (PRADU) program that will offer property owners pre-approved building plans for granny flats.

The city said this will reduce pre-construction costs, create expedited building permits and waive all city development fees.

This comes after the San Diego Board of Supervisors voted to waive permit and development fees for granny flats countywide earlier this month.

Encinitas is working with two local architects to offer homeowners a variety of pre-approved building plans.

PRADU is estimated to save homeowners up to $18,000.  The city said it will have the pre-approved plans available at the Development Services Department’s front counter.

Read full article here:

https://www.nbcsandiego.com/news/local/Encinitas-to-Offer-Homeowners-a-504658272.html

Posted by on Jan 22, 2019 in ADU, Encinitas, Jim's Take on the Market | 4 comments

Local Zillow Forecasts

I snipped this Zillow forecast (above) in October, 2016.  They expected La Jolla home values to go up 2.1% in 2017, which earned a ‘Very Cold’ label.

The La Jolla ZHVI rose 7% in 2017, so their forecast was a tad conservative.  The index has been dropping lately, but they are expecting values to flatten:

 

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Other Zillow forecasts – they like Carmel Valley:

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You can find more data here (they predict the U.S. market will be +6.4%):

https://www.zillow.com/home-values/

Posted by on Dec 6, 2018 in Carlsbad, Carmel Valley, Encinitas, Forecasts, Jim's Take on the Market, La Jolla, Rancho Santa Fe | 0 comments

The ‘Rancho’ Effect

People are feeling a ‘change’ in the market, and wonder what will happen. The rapid escalation of prices has turned real estate into a rich man’s game – and you need serious horsepower to participate!

As the rest of North San Diego County’s coastal housing market feels the ‘Rancho’ effect, we will see more listings coming to market, listings taking longer to sell, and bigger gaps between list prices and sales prices.

In the surrounding lower-priced areas, the action has been much faster – we’re used to the quality homes selling in the first week or two. Let’s compare RSF to Encinitas to demonstrate what we can expect from now on:

Category
Encinitas
Rancho Santa Fe
Population
63,184
3,117
Active Listings
134
172
October Solds
48
23
Actives/Solds
2.8
7.5
Oct Average DOM
40
73
Oct Average SP:LP
95%
87%

We’ll have more homes on the market, slower market times, and bigger gaps between the list prices and sales prices. It’s how they do it in the Ranch!

Posted by on Nov 8, 2018 in Encinitas, Jim's Take on the Market, Listing Agent Practices, Market Conditions, Rancho Santa Fe | 1 comment

Olivenhain ‘Plantation Estate’

The old wood-shake roof didn’t get in the way of this one selling, and though it is horse property, there weren’t really any actual horse facilities.  But it had three major hot buttons; single-story, detached 1-bedroom guest house, and 720sf man cave. This is the second time in three years that it sold for at least $2,400,000 (this cash sale did include a $60,000 credit for repairs):

Posted by on Jun 29, 2018 in Bubbleinfo TV, Encinitas, Jim's Take on the Market | 1 comment

O-hain New Homes

Close-up photo:

This new-home tract (in red circle) is due east of La Costa and behind Knightsbridge for those who know Olivenhain. These can be described as Robertson-Ranch quality on bigger secluded lots for less than twice the price. This same builder sold out the 1 Channel Island in spite of the odds so they should have a go of it here (Encinitas schools too). Green line is the old dump. Click on any of my photos for larger image.


There are nine models that range in price from $2,094,000 to $3,119,000. The base tax rate is approximately 1.05965%, plus Mello-Roos assessment of $1,430 per year. The HOA fee is $420 per month for private streets, mailboxes, fencing, and common-area landscaping.

Posted by on Apr 22, 2018 in Bubbleinfo TV, Builders, Encinitas | 9 comments