What will it be like when there are no more new homes to buy in Carmel Valley? Pardee has been building houses steadily for 30+ years, and they will be down to their last 103 lots, once they are done here – and they’ve sold 33 of 44 so far. These are priced from $1.8 to $2.5M.
Toll hopes to sell two per month at Palomar (the image above), and they sold five in October! Altogether they’ve sold 36, which puts them ahead of schedule. They are priced from $2.5 to $3.8M.
These guys have been crushing it throughout North County – this just sold for $3,340,000:
Here’s a tour of the Plan 3 which you can buy today in the low-$800,000s. I noted that Palomar Airport is nearby, but that can impact all of Carlsbad these days:
Take your favorite realtor with you on first visit!
This will probably be the last detached-home tract priced under $1,000,000 in SW Carlsbad. Solar is included on all new homes now (starting in 2020), and these are Aviara Oaks schools which goes through 8th grade, then Carlsbad or Sage Creek High Schools. Take your favorite realtor with you!
Here’s a brief look at the Plan 2 and an update on sales now that VSF has been open for six months:
Congrats to Curtis and team for selling this new-build for full price:
Because they are building such large houses, the one-story plans barely fit on these interior lots that have slopes. Toll has literally redesigned smaller versions so they can get a bigger backyard.
There are so many new-home tracts underway in Carmel Valley that those thinking of reselling an older home may want to wait it out – or risk having to battle it out, price-wise, against stiff competition:
Many will lament the redevelopment of downtown Carlsbad, but it is happening everywhere as big money takes over. It’s not just the look that’s changing either.
The old Sears at UTC is being completely re-purposed, and new companies that never existed before are coming in to provide services we didn’t even know we needed.
Carmel Valley’s Del Mar Highlands is adding 120,000sf of upscale retail tenants to compete with the One Paseo mixed-use project across the street. Horton Plaza is getting re-worked, Mission Valley has already transformed, and surely other old parts of town will get upgraded in the near future.
There doesn’t seem to be any way to stop it either. Let’s make the best of it?Link to Article