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Category Archive: ‘Leucadia’

The Bubble’s Full Circle

Barratt’s old Nantucket tract, foreclosed by BofA and then given to Shea Homes for $3,975,000 in March, 2011, is almost completed. This one Leucadia tract exemplifies the bubble experience from the peak in 2007, to where we are today.

The house for resale featured towards the end sold for $2,258,000 in 2007, short-sold in November, 2011 for $1,375,000, and is now listed for sale at $1,675,000:

Barratt sold seven of the houses in the first phase for $2,000,000+  Some of the past coverage:

http://www.voiceofsandiego.org/housing/article_3c4ad63c-713c-52a0-8260-0433c02dc882.html

http://www.utsandiego.com/news/2009/aug/11/real-estate-slump-blamed-barratt-americans-failure/

http://www.voiceofsandiego.org/survival/article_586758f8-7aeb-5dba-b348-92d2e29a3b34.html

http://www.builderonline.com/development/former-barratt-american-leader-now-building-out-foreclosed-developments.aspx

Posted by on Dec 4, 2012 in Bubbleinfo TV, Builders, Encinitas, Frenzy, Leucadia | 3 comments

Beachy Duplex

A renovated house with an extra granny flat near the beach is a rare find:

Here are the MLS remarks:

Completely remodeled quaint beach house West of the 5 Freeway in North Leucadia, just a short walk to Ponto Beach.   The home boasts 2,111 sf with 3 bedrooms, 2 bathrooms, and a mother-in-law unit with separate entrance with an additional bathroom.  The house sits on an oversized .25 acre lot on a very quiet street.  Both the interior and exterior have just finished being completely remodeled; new kitchen and bathrooms with granite counters, new flooring and carpet throughout.

http://www.sdlookup.com/MLS-120054330-162_Andrew_Ave_Encinitas_CA_92024

Posted by on Oct 31, 2012 in Bubbleinfo TV, Leucadia | 0 comments