Earlier today we saw how $2,000,000 sure doesn’t go as far as it used to. Once you think your home’s value is above $1,500,000, it’s a quick jump to $2,000,000 – and if you go to sell it, then a net of $2,000,000 sounds even better. Buy any decent coastal house you can get your hands on for less than $2 million!
For the trivia buffs who remember that this house below has history – it sold for less than $1,000,000….3x!
Today’s list price is $2,250,000, and it’s now pending!
These are updated on the first of the month and are interactive:
No real concerns there. The low volume causes the bumpy appearance, but for the most part, the pricing is fairly steady. If there were a downward trend for a few months, it would be different.
City officials hosted a community meeting on Saturday for the public to weigh in on three design concepts for Robertson Ranch Park.
“A Walk Through 3 Parks” took place from 9 a.m. to 1 p.m. on Feb. 10 at the Carlsbad Faraday Administration Center at 1635 Faraday Avenue, according to city officials.
Residents were encouraged to stop by for a “choose your own adventure” walk-through at three information stations focused on each of the park’s design concepts.
According to the city, residents had the opportunity to “meet and speak with the park design team, learn how they took inspiration from Carlsbad’s natural landscape to create designs that reflect the community’s priorities, ask questions, share ideas and let us know where we got it right and what you would like to change.”
The three potential design concepts for the park were agrarian tapestry, community quilt and rolling hills. All three design concepts come equipped with multi-use sports fields, restrooms, concession stands, pickleball courts, a buffer for nearby homes, a walking/jogging track and a 115-space parking lot.
Each concept will have slight differences in design related to the concept’s theme.
The park’s final design will be decided at two community meetings and through an online survey. Then, a final presentation will be scheduled for the City Council’s approval later in the year.
Depending on popular demand, the final design could be one of the three design concepts or a mesh of all three. The final design is not limited to the scope of one concept. “Based on other park planning processes, the final design usually ends up being a combination of the favorite elements of each design,” the city said.
This was the first meeting for the public to physically weigh in on the new design, with a virtual walkthrough meeting from 6-7:30 p.m. on Feb. 15. Register here to get the link.
While it would appear that there was a big jump in new listings last month, the January count wasn’t unusual – it’s just inching its way back to a more-normal pace:
January New Listings – Totals of Three Areas Above
2019: 234
2020: 186
2021: 157
2022: 113
2023: 101
2024: 106
The pricing leveled off when rates jumped in 2Q22, with more volatility lately:
Tim Wrisley took over for his mom as the purveyor of Carlsbad, and he has carried the burden quite nicely with his Carlsbad Magazine. No matter who you know, he probably knows them AND somebody else from the old days at Carlsbad High School.
In fact, it would have been natural for him to declare that the heart of Carlsbad is the high school – because back in the old days, it was the center for most people. But I like the nod he gives to South Carlsbad, the late-comer to the party by 10-20 years, and the conclusion here. One of Tim’s people wrote this:
The City Council unanimously agreed on Tuesday to rezone 16 properties across the city to facilitate needed housing developments and set new affordability requirements on these sites. The action rezones 16 of the 18 properties previously identified for study by the council, except the Cottage Row property on Aviara Parkway on Site 8 and the city-owned “Oak Yard” property on Site 15.
Carlsbad’s inclusionary housing policy currently requires 15% of all units in new developments to be deed-restricted as affordable. Among the rezoned sites, the council agreed to raise that rate to 40% on city-owned properties and 20% on those not owned by the city, following last month’s Planning Commission’s recommendation.
This massive effort completes several years of work and community outreach and checks off one of the largest programs mandated as part of the city’s Housing Element, which requires the city to build 3,873 new units by 2029.
City leaders warned that not completing this rezone by the April deadline would result in the city’s Housing Element being out of compliance and make the city susceptible to Builder’s Remedy projects. This state law allows developers to ignore zoning codes when constructing projects with affordable units in non-compliant cities.
This sold for $5,810,000 on April 28th of last year, which was the last peak of the market- mortgage rates were around 5% then and have risen to just under 8% today. It didn’t stop or slow down a buyer from paying a whopping $6,300,000 cash for it today:
This was listed for $1,438,000 at the beginning of March, but no takers. They lowered the price to $1,398,000 after two weeks, and then moved down to $1,349,000 a week later (which usually means they weren’t getting any traffic, let alone offers). By the end of May, it still wasn’t sold.
They took the summer off, and relisted with the same agents on September 7th for $1,328,000.
It went pending four days later, and closed for full price.
Be sure to check the listing history on every ‘new’ listing!
A rare offering of matchless style, luxury & privacy located in sought after Foothills of Robertson Ranch! Rare floor plan lives like a single story w/ 1st floor primary suite, ensuite BR office & half BA. Situated on a quiet cul-de-sac street, this masterfully designed Toll Brothers home blends modern Mediterranean aesthetics w/ timeless design offering the utmost in modern convenience: owner selected custom finishes, owned solar, water purification & reverse osmosis system, electric car charger, home generator & Ring Security System. Curb appeal exudes from the lush landscaping while 12ft ceilings & crown molding throughout work to create a captivating interior. Versatile home office w/ tray ceilings & custom built-ins. Beyond the functional entryway, the home flows into an airy open-concept layout designed around the gourmet kitchen & great room w/ hardwood floors throughout the main-level. Bathed in natural light & accented by pano glass doors, the spacious living areas flow seamlessly into the California room extending the comforts of the interior outdoors creating an ideal setting for casual lounging or hosting elevated gatherings alike. Expansive modern kitchen equipped w/ custom cabinetry, quartz counters, SS appliances, 6 burner gas range & walk in pantry. Multiple sets of arched windows define the dining room w/ tray ceilings. Primary suite complete w/ tray ceilings, private backyard access & spa-quality BA w/ dual sinks, vanity area, walk-in shower, soaking tub & expansive walk-in closet. Upper level features a spacious loft, an ensuite BR, additional guest BR, full BA & laundry. Robertson Ranch community pool & spa, clubhouse, parks & more! Top rated Kelly Elementary, Valley Middle & Sage Creek High. Easy I-5 access, 3 miles to Carlsbad Village & beaches. Welcome Home!
Like new single-story home with pleasant views in the Foothills of NE Carlsbad. Wood tile floors, high ceilings, perfect great room with cantina doors overlooking the expansive patio and landscape. Twinkling-light views for miles!
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