Crescent House
Kelly has done a masterful job getting mass exposure coast-to-coast, and here’s Architectural Digest’s tour. Just don’t read the YouTube comments:
Kelly has done a masterful job getting mass exposure coast-to-coast, and here’s Architectural Digest’s tour. Just don’t read the YouTube comments:
Check out our new listing!
1938 Park Dale Lane, Encinitas
2 br/2 ba, 1,080sf
YB: 1978
HOA = $325/mo.
LP = $849,000
You can still buy a Village Park home in the $800,000s! This one feels like a detached-home too, and is surrounded by greenbelts. One-story, new flooring and paint, private backyard, 2-car garage, air-conditioning, laundry room, plus the primary bedroom suite has a fantastic travertine shower and huge walk-in closet! A house across the street is listed for $1,900,000 – this is the right neighborhood! Walk to the Park Dale Lane Elementary School and the Village Park Recreation Club too – enjoy all the benefits of the Village Park clubhouse, pool/spa, & tennis courts in this dog-walker’s paradise with flowing green belts throughout the area. Wow!
https://www.compass.com/app/listing/1938-park-dale-lane-encinitas-ca-92024/1079135454154740505
Open House 10am-1pm on Wednesday, June 29th!
This is the only other sale located on the Encinitas Ranch golf course that might be considered a comparable sale, but it’s a completely different offering. The house has 5,200sf with pool on a half-acre lot – with no threat of golf balls hitting you while in the backyard.
My buyers thought the price – which was more than a million dollars higher than my sale – was aggressive and not worth it. But as we have seen throughout the coastal region, a cash buyer stepped up and paid the full $4,785,000 price for it seven days after the listing was refreshed:
It closed escrow yesterday, so it’s doubtful that Zillow – or any buyers – would use it when evaluating homes in regular Encinitas Ranch. But if they did, they would be radically over-valuing the more standard tract houses there!
https://www.compass.com/listing/1202-via-zamia-encinitas-ca-92024/1012366247845475561/
Another cash buyer paying 8% over list – and this was a month after rates hit 5%:
With the Crescent House now on the market for $23.5 million, you can’t really blame the sellers of this property for asking $6 million (lot size is 9,730sf):
https://www.compass.com/app/listing/1478-neptune-avenue-encinitas-ca-92024/1048694367041065425
For those who have been waiting for prices to tumble, here you go!
This listed for $3,545,000 in January right when there was a flurry of $3,000,00-ish listings in and out of Encinitas Ranch. It took 76 days to finally find the buyer for this one – and it did close at a discount.
It sold for $3,520,000, which was a whopping $25,000 off the list price!
A new Compass listing in South Encinitas, priced at $6,290,000:
Tucked away in seclusion, this 3606 sq. ft. 3-bedroom 3 bath New Construction Modern Hacienda masterpiece with two additional detached units exemplifies a unique combination of an ultra-modern interior and the warmth of a welcoming hacienda exterior. Nestled in the depths of Berryman Canyon, with the inviting Enclave development serving as the veritable drawbridge to the estate, this home exists as a fortress of relaxation. Upon arrival, all guests are unequivocally certain that this estate is the crown jewel of the neighborhood.
Congratulations to Kelly and team for their new listing of this iconic 6,329sf masterpiece on the bluff by Wallace Cunningham – the same architect who designed the Razor House in La Jolla (that Alicia bought):
There were foundation repairs here too:
This sold for $6,000,000 cash (5% over list) and 7-day escrow: