The Centex tract known as ‘The Ranch’ built in the late 1990s in southeastern Carlsbad was a legend in its time – and the first real McMansions in the area. The first phase started in the $400,000s, and by the time they were done in 1999, the models were selling for more than $1,000,000 – this sold for $1,096,818 in December, 1999:
