Buyers dig the new one-story estates in Rancho Santa Fe! The house across the street sold for $10,850,000 in January (the third time it sold for $10,000,000+) and then the brand-new house on Las Planideras sold for $12,500,000 in February (click here for videos on both):
Great to hear that Lilian Rice is getting a statue – and a remodel! Meet the participants at bottom:
This month, a life-size statue of the late Lilian J. Rice will arrive at the Rancho Santa Fe Historical Society in preparation for its ultimate destination at the town’s civic center envisioned by the architect back in the 1920s. It will officially be unveiled in May with much-deserved fanfare.
Meanwhile, down the street, an altogether different tribute is underway at a single-level Spanish Revival 3,900-square-foot residence built by Rice for a California-dreaming New Jersey family in 1926.
Come spring, it will get its own place in the sun thanks to a duo of San Diego design powerhouses. Del Mar interior designer Michelle Salz-Smith and Lisa Kriedeman, principal of Island Architects, are seizing a rare opportunity to expand and modernize the organic style pioneered by Rice nearly a century ago.
Michelle Salz-Smith creates her own form of minimal eclecticism, where raw materials, hand-forged objects, and distinctive shapes create one-of-a-kind homes in which people commune, contemplate, and connect: https://www.studio-surface.com/home
Tony Crisafi and Lisa Kriedeman are the highly accomplished principal architects creating residences of quiet luxury throughout Southern California, nationally and internationally for more than two decades. https://www.islandarch.com/
This house has a history – it was once the family compound for Alaska Airlines! It was foreclosed in 1994 when the lender received no bids and took it back for the balance owed of $6,372,931 – and they sold it for $3,350,000 six months later. It was then resold for $4,000,000 in 2001.
At the height of the market in 2007, the former owners of this property took out a mortgage for $8,500,000, but the lender foreclosed in 2014. They finally sold it for $2,437,500 a year ago, and those new owners just flipped it for $2,995,000 or $3,750,000 depending on the data source. This time it was marketed and sold as a vacant lot with approved plans.
Nearly 1 in 3 CA families struggle to cover their daily needs, according to a new United Way study – far higher than results from the federal government's poverty measure. https://timesofsandiego.com/business/2021/07/27/study-san-diego-county-family-of-4-needs-93k-annual-income-to-meet-basic-needs/
Q2 homeownership rate data is here! I will not be comparing to Q2 2020 (pandemic-driven data collection changes), but compared to Q2 2019 it's clear that younger households (millennials!) are driving homeownership growth.
"Jim the Realtor is legit - I interviewed three brokers; he said list price should be $100,000 higher than the other two brokers; listed it with him and had all cash (no financing) offer in two days, five day contingency period, closing in two weeks - and it closed at his recommended list price. I could not recommend anyone more than I recommend Jim the Realtor. more "
by gary t moyer
"When we moved to San Diego in 2005 we rented a big house on Mt. Soledad (La Jolla) with 180 degree ocean views for the same payment as a mortgage on a dump in Chula Vista. Clearly something was wrong. Yet, the media was full of the usual happy-talk nonsense, so I was glad to find Jim's blog. I've followed his honest assessments and data since. more "
"Where do we begin..2020 has been a year for everyone. When COVID hit and shut down both my husband and my businesses, we were left with a mortgage and very little income coming in. We were stressed, scared and felt stuck. We made the hard decision to sell our home and move out of state. We contacted the Klinges' and spent a good hour going over what we hoped we could accomplish. Jim and Donna came over with comps in hand and suggestions on improvements to get our house ready for the market. It was overwhelming to think about, but Donna was there and one step ahead in every scenario. more "
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I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in more "
"Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community... more "
by Ann Romanello
"Jim educated us, helped us find the perfect house, and then negotiated us a great deal. I would hate to be sitting across the negotiating table from ... more "
"Jim is thorough and will be brutally honest about the homes he shows you. He provides great service and follows through until the very end and even ... more "
"I highly recommend Jim as a buyer’s agent. Working with Jim, we closed this week on a San Diego condo. Jim prepared a list of comparable sales to ... more "