This just closed for $7,250,000 cash – and for that money you get the quality upgrades like Calacatta Caldia White Marble Countertops (not quartz), Fleetwood Multi-Slide Pocket Doors & Windows in Foyer, Living Room and Kitchen/Family Room (Marvin windows/door throughout the Rest of House) and DaVinci EcoSlate Cool Roof (meets Title 24 Requirements for CA ENERGY STAR qualification):
Congrats to Curtis and team for selling this new-build for full price:
Dave and Marlene are my people!
Here are the histories, and forecasts, of our local Zillow Home-Value-Index for each area:
They are forecasting flat or declining prices in three of our larger areas – and they are also predicting a drop-off in values as the selling season will be getting underway in March, 2020 (which sounds far-fetched).
Their track record hasn’t been that great though. Here is their Carlsbad prediction in December, 2015, when they expected a 1.9% increase for 2016 – the actual was +7%:
The Carlsbad HVI has risen 19% since the beginning of 2016!
Can we agree on one likelihood? Prices probably won’t be going up much in the next year or two.
A introduction to the Sea Caves at La Jolla Cove:
We’re creating a new website that will have features on each community, so new photos were needed to accompany. Here are the La Jolla pics that didn’t make the cut, but I thought were still blog-worthy:
Here is my tour of the Wheeler Bailey home, designed by Irving Gill in 1907
Love how this house looks down the coastline, taking full advantage of the lot. It was active on the MLS for four minutes, and the agent noted in the confidential remarks that is was “SOLD Prior to Activation in the MLS” even though it had been on and off the market since 2016:
dasMOD + The Brown Studio are proud to share this brand new, single-story gem, consciously crafted for function and livability with a focus on architectural details located at 2314 Rue Adriane in La Jolla.
Rue Adriane offers a sophisticated, highly curated new century modern white-water ocean view dwelling with incredible views of the La Jolla coastline.
Located on a large, flat cul-de-sac with white-water ocean views, the home features; 3,158SF interior living space/lot size of 12,095SF / 4BR / 3.5BA, including a guest suite with private entrance / 2-car garage / ~600SF of covered outdoor living space / ~ 900SF deck with heated infinity pool.
List Price: $4,895,000.00
In the next blog post, I mention Case Study House #23A in La Jolla, which was granted national historic designation in July, 2013.
Here is some background from wiki:
The Case Study Houses were experiments in American residential architecture sponsored by Arts & Architecture magazine, which commissioned major architects of the day to design and build inexpensive and efficient model homes for the United States residential housing boom caused by the end of World War II and the return of millions of soldiers.
The program ran intermittently from 1945 until 1966. The first six houses were built by 1948 and attracted more than 350,000 visitors. While not all 36 designs were built, most of those that were constructed were built in Los Angeles, and one was built in San Rafael, Northern California and one in Phoenix, Arizona.
A number of the houses appeared in the magazine in iconic black-and-white photographs by architectural photographer Julius Shulman.
A review of the three houses built on Rue de Anne: