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This is listed at 53% of it’s previous sales price (2005):

Two still photos are mixed in with this youtube video tour of a Solana Beach REO:

There are just enough attractive buys coming on the market that buyers hope it’ll be their turn next:

This is in one of the first Davidson-built tracts in Carlsbad, near Aviara:

Many people would find the 3,487 sf flipper on Capuchina in La Costa Oaks fairly comparable to La Costa Valley (it’s only about a mile away as the crow flies).  It finally got marked pending today – listed at $739,900 – after 94 days on market.

Capuchina:  http://www.previewfirst.com/mls/photos/34797

It makes you wonder where this 3,193sf REO on Camino Serbal might end up.  Although the inventory of quality-homes-at-decent-prices has been bone-dry around La Costa Valley for the last few months, it’s not causing people to jump for the ‘bank deals’.  This has been listed for 28 days:

As plain as it gets – there are two of this same floor plan for sale across the street from each other, listed $10,000 apart:

This neighborhood is off Carmel Valley Rd., just east of Pardee’s PHR and Rancho Santa Fe Farms/RSF Lakes (and into the Poway school district).

It’s another example where sales have popped this year, like in Fairbanks Highlands next door and Rancho Pacifica. There was only one sale each in 2009 and 2010 (for $1.3 and $1.35), but this year five have already closed, between $1.04 and $1.325 million.

The house sold new for $700,000 on 12/28/01 (though the tax rolls show it built in 2002), and resold for $1,525,000 less than three years later:

A standard Carlsbad-REO tour with some tips along the way:

This looks like a hot buy on paper, but needs a closer look. While it is a manageable project, it looks scary at first glance. P.S. There’s a typo on price, it’s $745,000:

The McMansions have been criticized for their big boxy look, but hey, they are great if you need storage: