The Carmel Valley market should bust loose in February when Pardee opens not one but two new tracts - here are the details on the one in PHR: Construction is under way by Pardee Homes at its Watermark, a neighborhood of new luxury homes in the Pacific Highlands Ranch...
Builders
The Bubble’s Full Circle
Barratt's old Nantucket tract, foreclosed by BofA and then given to Shea Homes for $3,975,000 in March, 2011, is almost completed. This one Leucadia tract exemplifies the bubble experience from the peak in 2007, to where we are today. The house for resale featured...
New on SM Hilltop
Everybody is pushing it. Not only are these guys selling new 3,700sf houses with ocean views in the low-$900,000s in SEH, bnt the seller of the contiguous parcel (that this builder hopes to purchase) has raised his price too!
Beach Infill
Brand-new, no HOA or Mello-Roos, and ten blocks to the beach - nice!
Del Mar Mesa Lots and Estates
A brief tour through the end of Del Mar Mesa Rd., where 13 lots are selling next to the future Alta Del Mar. The ADM semi-custom tract home prices will range from $1.5 to $2.4 million, and their estate lots will range from $700,000 to $2 million. It is incredible to...
T-Bros
The T-Bros have sold 41 of these, and are content to let the market come to them. They don't have standing inventory - like SP, they are building to your order, which adds an extra two months for permitting to the usual 6-month construction completion:
Bellasario
If you like McMansions on decent-sized lots and warmer weather, Stonebridge in Scripps Ranch might be your cup of tea. These days I think all builders are going to struggle selling their interior lots - buyers will gladly pay view premiums, but expect bigger discounts...
Alta Del Mar
The promotion has begun on Pardee's highly anticipated development at the edge of the 800-acre Carmel Country Highlands - Alta Del Mar. They didn't mention prices, but we believe that the estate homes, ranging from 4,151sf to 6.235sf will start around $1,700,000. ...
PHR Update
The resale inventory around $800,000 has been so bleak lately around the 92130 that these brand-new homes that back to Carmel Valley Road look like a good deal - if you don't mind the traffic. At least you can say that the noise is priced in - the next phase will be...
La Costa Oaks Sampling
Though the resale inventory is as thin as ever, the new-home tracts aren't blowing them off the shelf - and buyers are being very conservative and patient. The tract salesperson here said that they have several people waiting specifically for the models to come up...