Carlsbad Condo Debate

The UT has published two articles about the these goofy-looking condos in North Carlsbad that supporters are saying that they need to be saved, in spite of the new owners purchasing each individual condo separately and abiding by city zoning and planning:

Excerpt from the first UT article:

Modern architecture fans hope to save a small, but distinctive condominium building known for its whimsical appearance near Carlsbad’s Magee Park.

The 40-year-old building, sometimes called the Victor Condo, on Garfield Street is one of the first examples of a postmodern style often called “Blendo” created by San Diego architects Ted Smith and Kathleen McCormick.

“Victor Condo is clearly of cultural significance and a fine example of a pivotal historic time in Carlsbad’s build-environment growth from a small coastal community to a vibrant city worthy of vibrant architecture,” said Peter Jensen, a writer and editor at Sunset Magazine and San Diego Home/Garden magazine for 40 years.

As “affordable yet stylishly significant (not to mention excitingly livable) dwellings” the buildings are an example of late 20th century innovation in an area that too often relies on cookie-cutter architecture,” Jensen said in comments on a petition to save the structure.

“We believe the building qualifies as a design on the vanguard of an important architectural movement,” states the petition posted by San Diego architect Patrick Cordelle, who works with Smith and McCormick.


Open Houses Are Complete

We have three more showings today and then almost 200 people will have seen the house since Friday! Next we will engage in open bidding by phone with all interested parties and let the MARKET decide the winner, not the listing agent (which is how everyone else does it).

Here’s a buyer-agent strategy that can be really effective, especially with weaker listing agents:

Our New Listing in SW Carlsbad

1065 Goldeneye View, Carlsbad

4 br/3 ba, 2,706sf

YB: 1998

LP = $1,795,000

This 4-bedroom (plus loft/office), 3-bath home has been meticulously maintained and upgraded with stylish light-colored wide plank hardwood floors, plantation shutters, crown molding, newer central A/C and high-grade artificial turf, front and back. Downstairs bedroom and full bath, newer kitchen with walk-in pantry, 3-car garage with workbench and loads of storage! The larger backyard is a real treat, and the mature landscaping provides unusual privacy – you’ll love it! The only house for sale in the coveted Seabright community, which is walking distance to Poinsettia Park and the highly-acclaimed Pacific Rim Elementary School. The house three doors down just closed for $2,125,000 on Jan. 4th!

Open house 12-3pm on this Friday and Saturday!


Above are the views & saves between 10pm and 6am!

Here is the Zillow 12-hour count:

Non-Stop Frenzy

Buyers who stalled their home search when school began are going to be shocked at recent prices.

In September, there were two sales of the larger 3,362sf floor plan; one was $1,869,000 and the other was $1,875,000 (both under list). So when this house came on at $1,895,000, it seemed about right.

It closed for $2,125,000:

What’s Hot

This is the probably the best example this month of the type of homes that are getting top dollar – large newer coastal suburban homes that are upgraded throughout. The list price was $2,549,000, and this closed for $2,850,000 cash plus the buyer paid an additional $150,000 for the furnishings:


Because Opendoor listed this home for $1,100,000 right after they bought it for $1,081,000 (and did no improvements), it must have meant that they thought they stole it.  The market thought otherwise, and some might think they were lucky to get what they did.

Their MLS remarks are insightful though.

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