Olivenhain Estate
This is one of the best values we’ve seen all year if you don’t mind having more than two acres. See the whole Bubbleinfo TV collection here:
This is one of the best values we’ve seen all year if you don’t mind having more than two acres. See the whole Bubbleinfo TV collection here:
With $2,000,000 fast becoming the entry point for older tract houses, this is a good example of what to expect at the next level up – this closed for $3,180,000.
There have already been eight Olivenhain sales that closed higher this year!
No surprise that a brand-new chic ultra-modern home would sell for all the money. This is the sixth house in Olivenhain that has sold over $5,000,000 since the pandemic started:
It was last year when Olivenhain homes selling for $3,000,000+ became a regular occurance.
This house?
2019: $2,310,000
2023: $3,965,000 (+72%)
Here is a glimpse:
There were two new Olivenhain listings today that were priced over $5,000,000!
The tiki destination!
I am running short on videos – there are fewer homes for sale, and the list of homes worthy of a video is even shorter. We saw this one a couple of months ago, and it just closed on September 16th for $3,600,000, which was $100,000 over list. Knowing that, the video might be more intriguing now?
Check out Kate’s Old-Spanish-style one-story listing on 2.27 acres in Olivenhain!
This just sold for full price, which was $2,990,000:
After she took five listings at the same price, I joked with the listing agent here that maybe every house was worth $3,200,000 now! I don’t think any of them were worth $3 million before this year, and this is the only one that has closed under list:
This was the Private Exclusive off-market listing that hit our intra-office website late in the afternoon and literally the next day most of the top Compass agents and me rushed over there to check it out.
Both buyer and seller take a gamble on price when transacting off-market. Since this was filmed, two sales on Rancho Encinitas Drive have closed for over $4,000,000, so this buyer should be happy with their $3,230,000 purchase price here (which was $405,000 over the list price).