Things didn’t quite turn out for the builder of that last RSF estate.
Here are the others they built – all four pictured here were foreclosed:
http://www.kachay.com/luxury_custom_homes/for_sale.htm
Still trying to figure out the goalpost-thingy!
8 Comments
Jim Klinge
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years. Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community. In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.Trustindex verifies that the original source of the review is Google. WeI had the pleasure of working with Klinge Realty Group to sell our home in Carmel Valley, and I cannot recommend them highly enough! Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. Whenever an unexpected issue arose they found and provided a solution. Never once did we feel pressured to make a decision and the Klinges were always reassuring after providing the information that the decision was ours to make. Despite the curve balls, they never panicked and exemplified the “can do” attitude, making us feel optimistic and taken care of. Their expertise and professionalism was superb. But of all the reasons to work with the Klinges, the most impactful and valuable is their compassion and genuine care for their clients. We pray that we can one day purchase our forever home and you better believe that Jim and Donna will be representing us - as long as they will have us of course. Thank you again Klinge team! Your execution, experience, and care are unmatched.Trustindex verifies that the original source of the review is Google. Jim and Donna were fantastic! Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Trustindex verifies that the original source of the review is Google. We first found Jim through his blog at bubbleinfo.com, which really showcased his knowledge of SoCal real estate. Since then we've done three transactions with Jim and Donna, and they are an incredible full service agency, with Jim's deep market insight and Donna's deft contract and project management. We trust them implicitly in their analysis and strategy, which is based on years of experience. They're always available and on top of things, and we strongly recommend them to anyone.Trustindex verifies that the original source of the review is Google. The Good The Klinge Realty Group operates like a finely tuned machine, with a very personal touch. We contacted them on a Sunday and they were talking to us about our family and our needs on our living room couch the following day. They carefully listened to us and worked with us to identify the best and quickest path to listing within 2 weeks to take advantage of the low inventory conditions in our South Carlsbad neighborhood. They knew our tract specifically and had many previous sales there over the years - they came prepared with a thorough analysis of comparative sales and recommended a pricing strategy that they felt confident would yield offers the first weekend on the market. The Great Over the next two weeks Donna coordinated a range of vendors who she knew from experience could get the preparation to list work we needed done on time and with high quality. Our light tune-up involved excellent experiences with their stagers, landscapers, contractors, electricians, and plumbers. Throughout this period Donna's daily communication was clear, concise, and responsive. Any time we had questions Donna picked up the phone or texted immediately - but almost always, she answered our questions before we even knew we had them. The Outstanding We had a tricky situation with a shared fence that could have delayed our escrow. Donna used superb mediation skills to negotiate the terms of replacement and was personally on site with the fence contractor to make sure everything went smoothly. The fence looks great and escrow closed on time. The Truly Exceptional Our house came on the market on a Wednesday and between then and Monday morning Jim was personally at all three open houses. He was in constant communication explaining potential buyer reaction and strength. As he predicted offers began to come in on Saturday and each one was incrementally higher than the last. At the end we had 5 offers, 4 of which were over list, and the final accepted offer was $100,000 over list. In addition to being over list it included rent back terms that met our needs. The Recommendation For all of these reasons we would strongly recommend The Klinge Team to anyone wanting to sell in North County Coastal San Diego. I had been reading Jim's bubbleinfo.com blog for 15 years and knew when the time came to sell that he would be our first call. Jim Klinge is not your standard realtor. He is keenly aware of market conditions and sales strategies. And, works his tail off - though not as hard as Donna . At this point he's gone from realtor to friend and I plan to have him over to grill and chill at our new place to talk real estate, but also just about life and raising kids in San Diego. He's more interested in relationships than his sales numbers - and that's why his sales numbers are so high. We have already recommended the Klinge's to some close friends and another successful sale is on deck right around the corner...Trustindex verifies that the original source of the review is Google. We recently had the pleasure of working with Jim and Donna from Klinge Realty Group to sell our house, and we couldn't be more satisfied with the experience. From the initial meeting, they listened attentively to our needs and provided invaluable guidance on specific improvements to get our home market ready. Their responsiveness throughout the entire process was truly impressive. Anytime we had questions or concerns, they were quick to address them, ensuring we felt comfortable and informed every step of the way. What stood out the most was their team and extensive network of tradespeople, which made addressing any necessary repairs or updates seamless and stress-free. Thanks to their expertise and dedication, our house sold quickly and at a great price. We highly recommend Jim and Donna to anyone looking to buy or sell a home. They are a fantastic team who truly care about their clients and deliver exceptional results.Load more
They build some beautiful homes. I am a serial observer of homes that are under construction in RSF. This home is spectacular….it’s huge and the lot is huge also. It’s also quite sunny, despite being in the valley….which I like because it’s quiet and beautiful.
Jim, how much do you think it’ll sell for?
I say $7,000,000-$9,000,000
Yeah I think so too, they had it marked contingent so they may have had a buyer willing to pay around $9-10M or so when they were listed at $11.9M.
You want to go with me when it hits the open market?
I would be glad to. Somehow, just after it was built…my friend and I talked our way into letting the people there walk around the entire house and property. We were juniors or seniors in high school (so 2007 or so). They were just putting the finishing touches on it…it was basically done.
I don’t know who the people there were. I think it might have been a real estate agent, I know the builder was there and two other people there (maybe Kachay company execs?) They were very, very nice. So they just let two 17 year old males walk around a $15,000,000 property for an hour in dream land…haha. It really is a fantastic house….the quality is great and it’s unique. I love it….and the vineyard is very cool! It’s not just a couple plants, they went all out and even have the wine house! The funny part is that we just walked right up to the front door and asked them….they weren’t shocked to see us…ha.
I get back from college in early June. I would love to go with you and see the house. Also, if you need a young summer intern to do random work around your office this summer…let me know! I’ve done an internship for Congressman Bilbray in DC this past fall and worked as a fill in secretary for my mom’s medical office, so I have experience.
That would be a dream internship.
It’s really too bad that it didn’t work out for them…becasue they really do great work. I talked to the builder and he was really into the design and was clearly proud of his work, as he should be. On the surface, it looks like an average RSF spec mcmansion…but it really isn’t. The quality and design choices are really great.
I have been in some of the most spectacular homes in RSF and Kachay homes does some of the best….they also did that foreclosure with the guy that put down $1.5 million and borrowed $7 Million….you had it in one of your videos.
These two were the most “wow” homes:
Tuscan Estates…there was something up with this one, it’s been off and on for sale…Sylvester homes did this development…I believe this was his personal house.
http://www.dreamhomesmagazine.com/Home.cfm?id=134555
But this one! Greg Agee built this one (and he’s my favorite)….wow, wow, wow. It has the biggest pool in all of Rancho Santa Fe, it fronts the golf course on a huge lot with a tennis court and it is just beautiful. It is jaw dropping. The original owner gave me a tour and I have never seen such a home. The wood floors were reclaimed from a barn in Vermont. The floors were mostly antique. The fireplaces were from France. The doors were antiques…the wrought iron door was taken from a bank in France. A LCD tv was put seamlessly into the marble surround in the master bath. I could go on and on.
http://www.dreamhomesmagazine.com/Home.cfm?id=113470
A lot of real estate ads exaggerate the home’s qualities….like that “must see!” one you had…hilarious by the way!
Here’s the house’s description…and it is 100% true:
Imagine living in a home where the formal living areas and loggias reminded you of that Italian Tuscan villa and the family and entertainment areas brought back memories of the French farmhouses in Provence. Or imagine waking up every morning in one of 5 beautifully appointed bedroom suites that took you back to that romantic Spanish bungalow that overlooked the gardens and pool reminiscent of Italy’s Lake Como. This Covenant estate was named Bella Lago (beautiful Lake) because the entire structure is wrapped around a water feature that may be the most dramatic Mediterranean pool ever created. Come experience the best amenities available with this totally captivating estate.
Jim….go check that one out. You might have to walk behind it on the trail on the golf course.
Oh and those homes aren’t for sale anymore, so there should be no problem with me posting those links.
Just a friendly reminder, whenever you post two or more links, it automatically goes to me for approval – and if I’m not standing by it could take a while before you see it on the blog.
I really didn’t think that the ultra high end would be hit like this.
Did you ever think that the real estate mess would spread into the upper end or just stay in the subprime arena?
Hey, I’d like to join the party….wanna see what kind of finishes they did to the house.
BTW, Las Planideras sold: http://www.sdlookup.com/MLS-100014205-15641_Las_Planideras_Rancho_Santa_Fe_CA_92067
$1.279M….I believe asking was $1.29M