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JtR New Listing in SW Carlsbad

With the inventory so low – especially for the one-story houses – here’s a seller who senses an opportunity. We just listed the premier single-level floor plan in Aviara for a reasonable $1,900,000!

How hot are the one-story homes?

Here’s the action after 15 minutes on Saturday:

Sunday morning’s count:


https://www.zillow.com/homedetails/1344-Corvidae-St-Carlsbad-CA-92011/48180010_zpid/

I don’t know how these guys get away with these revisions after the listing hits the market:

Before Listing Hit the Market:

After Listing Hit the Market:

Moving The Dip

The South Carlsbad Coastline Project is stirring a lot of interest from people at the prospect of transforming 60 acres of city-owned land along the 101 Coast Highway. City planners held a virtual public meeting Monday to discuss the vision and hear ideas from people who live in Carlsbad.

“We really want to start with, ‘What’s the overall vision?’ We want to let people imagine what they want this space to be,” said Kristina Ray, spokesperson for the City of Carlsbad.

In May of 2020, the City of Carlsbad acquired grant funding for over $500,000 from the California State Coastal Conservancy to design a plan that would increase resilience to rising sea levels. Part of this effort would involve relocating South Carlsbad Boulevard further away from the coastline.

“We want to create more space for people, move the road over to the east a little bit, and you would free up like 60 acres worth of land,” said Ray.

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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.

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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!

https://www.zillow.com/homedetails/1065-Goldeneye-Vw-Carlsbad-CA-92011/52506745_zpid/








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

Here is the Zillow 12-hour count:

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:

Zillow Local Forecasts

The Zillow 1-Year Forecasted Values are down 1-2 points from their previous guesses last month, but still very strong. This is their third consecutive month with similar forecasts:

NW Carlsbad, 92008:

SE Carlsbad, 92009:

NE Carlsbad, 92010:

SW Carlsbad, 92011:

Carmel Valley, 92130:

Del Mar, 92014:

Encinitas, 92024:

La Jolla:

Rancho Santa Fe, 92067:

For those who are steeped in real estate history, it’s hard to comprehend how prices could increase 25% to 30% this year – to think pricing could go up ANOTHER 20% next year is straining the brain!

I think it will happen, and be accomplished by mid-summer.

Move The Dip

16-month investigation and $500,000?

Heck, just follow my red line, and add some houses while you’re at it!

CARLSBAD — The city is preparing for sea-level rise by partnering with a prominent local research organization to perform a realignment study on a portion of Carlsbad Boulevard to help mitigate any future structural damage due to climate change.

The South Carlsbad Boulevard Climate Adaptation Project marks the first major review of the city’s infrastructure in relation to sea-level rise, according to Mike Grim, the city’s senior program manager.

The study is expected to take about 16 months and return to the council in Feb. 2023, according to Grim.

“It’s doing a little more detailed analysis of bluff erosion and flooding impacts would be due to sea-level rise or extreme storms,” Grim said. “And then analyzing the realignment of the boulevard and then what to do with that intervening space. We are going to move that as far east as we can.”

The Carlsbad City Council approved a $498,075 grant during its Sept. 14 meeting from the California State Coastal Conservancy for Scripps Institute of Oceanography to conduct studies on sea-level rise and how to move the road’s southbound lane eastward, away from the ocean, between Palomar Airport Road and Island Way.

The city will begin its public outreach to residents and businesses in January.

(more…)

December Momentum

As hot as our market is right now, it sure seems like we will get off to a fast start in 2022!

The first house mentioned in this video is linked here. The LCV home was listed for $1,695,000 and closed for $2,000,000 for a 2,438sf tract house built in 2000 on a 9,198sf lot. The sale closed on October 21st:

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