Solana Open House

The best open house this weekend will be down at the sand in Solana Beach, where the weather will be in the mid-to-high 70s. Check out our Old-Spanish bungalow, go surfing at Tabletops, and take a long stroll on the beach!

506 Pacific Ave., Solana Beach

Open 12-3pm

$2,995,000

I’ll be there for the full three hours today!

https://www.compass.com/listing/506-pacific-avenue-solana-beach-ca-92075/359498520290704689/

Broker’s Open House in SB

Just to have 30+ brokers come to your new listing must mean something – the price has to be close. But the listing agent has to be able to sell it, which is the missing ingredient for all of the disrupters.

Old-time agents gather their evidence and then go all out to convince buyers and agents the property is worth it.  Look around – we are selling the whole lifestyle:

How did you like Donna being on duty for the first hour? Wasn’t it great to meet wifey?

Solana Beach Valuation

506 Pacific Ave., Solana Beach

Open House 12-3pm Today!

$2,995,000

Solana Beach suffers the same fate as many well-established high-end areas.

There aren’t many comps to begin with, and it’s ripe for off-market sales.

Three of the last four on the street were off-market sales – were they low?

I’m hanging my hat on the cheapest one, 424 Pacific. The story poles are already up, so the $2,555,000 was really just land value – and that corner is much busier than at the subject property.

But let’s also consider that Solana Beach has been remarkably under-valued for years, and we are just now starting to see what buyers are willing to pay.  It wasn’t long ago that the non-oceanfront homes struggled to get more than $4,000,000.

Now look:

Three recent sales over $6,000,000, with one of them back on the market for nearly $10 million!

My $2,995,000 looks like a deal!

Come on by and check it out today, 12-3pm!

Link to Zillow listing

Old-Spanish Beach Bungalow

My new listing of a lovely old-Spanish bungalow by the sea!

Enjoy the captivating lifestyle of this well-established beach community that’s off the beaten path – yet steps to the sand. Houses in the 500 block on this side of the street have sold for $5M to $6M in the last couple of years (2015 & 2018)!

506 Pacific Ave., Solana Beach

4 br/2 ba, 1,540sf

LP = $2,995,000

Pin It on Pinterest