Flood of New CV Homes

Click on photo to enlarge

Pardee has four new tracts of homes in Carmel Valley. There will be a total of 377 houses here, plus a fifth tract (and the highest-priced), Vista Santa Fe, which is opening in January.

The grand-opening-after-the-pre-opening is this weekend and remarkably they have already sold 3/4 of the homes released for sale.

Prices are $1.6M to $2.4M in Vista Del Mar. Here’s a tour of the Plan 2 model:

PHR Toll Brothers

Beginning in the 1980s, Pardee Homes developed almost all of Carmel Valley, and now they are down to the last remaining parcels. For some reason, they sold off 69 prime lots to Toll Brothers, and now plans to go head-to-head with them with their neighboring tract next door.

There was a time when people commented on this blog that PHR was so far out that it was more like Penasquitos Highland Ranch.  But Pardee plowed through the land they’ve held for decades and now they’re down to the last few acres.

Toll Brothers has five floor plans, with two of them being one-story layouts.  The one-story homes range from 4,542sf to 4,765sf, and the two-story plans start at 5,945sf.  Prices range from $1.9 to $3.2 million.  This past weekend was the grand opening, and they have sold seven of the 16 available.

Think the market is tanking?  They had 500+ people attend this weekend.

A video tour of the one-story model:

O-hain New Homes

Close-up photo:

This new-home tract (in red circle) is due east of La Costa and behind Knightsbridge for those who know Olivenhain. These can be described as Robertson-Ranch quality on bigger secluded lots for less than twice the price. This same builder sold out the 1 Channel Island in spite of the odds so they should have a go of it here (Encinitas schools too). Green line is the old dump. Click on any of my photos for larger image.


There are nine models that range in price from $2,094,000 to $3,119,000. The base tax rate is approximately 1.05965%, plus Mello-Roos assessment of $1,430 per year. The HOA fee is $420 per month for private streets, mailboxes, fencing, and common-area landscaping.

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