Two Eye-Popping Sales

When this house on Rios sold for $8,250,000 in March, 2019, it was the highest non-oceanfront sale in the history of Solana Beach.

The homeowner put it on the open market for $9,750,000 in September, and it went pending in 36 days.  It closed this week for $8,595,000 and the buyer paid the commissions, which makes it look like an effective $9,000,000 sale – which is a 9% return in eight months!  Both sales were all-cash.

Here’s a look at a sale at the top of the hill in Carlsbad that sold for $450,000 over list price:

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