A cash buyer acted quickly to snag this 1978-built one-story at the top of the hill in Old La Costa. The sales price of $1,201,500 (list was $1,048,000) and a two-week escrow was good enough for the seller, who I think was the original owner:
Attention multi-gen buyers! Our new listing in La Costa Oaks has the master suite on the first level plus the perfect granny flat too! The flex space upstairs includes two regular bedrooms, two full baths, a massive bonus room, plus library/gaming loft too, all situated on an 8,500sf lot which is rare for newer homes in Carlsbad. Full solar (18 panels!) with battery, immaculate garage with workshop, and Encinitas schools too!
7168 Sitio Corazon, Carlsbad
5 br/5 ba, 3,352sf
YB: 2011
HOA fee = $241/month
Mello-Roos = $800/year
LP: $1,379,000
Entrance to granny flat
Granny apt
Hobby room upstairs
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This just sold to a flipper for $825,000 – after rehab, it should come back on the market for $1M+
My farewell to La Costa – the virus has delayed a new Compass office in Carlsbad, but it’s coming:
1972
There are videos in the vault that haven’t seen the light of day, so while I’m waiting for some escrows to close to show more recent videos, here’s one that demonstrates that prices have been flat lately. This sold for $880,000 in April, 2017, which was $21,000 over list, and the yard probably deserved it. But it would be about the same today:
I took our smart TV off the wall and got it up close to the doorway of our new office at the Omni La Costa Resort to advertise our real estate for sale, and already had two buyers walk in.
I also included a brief clip of the Villas because the resort staff likes us pushing their product too:
List with me and have your home featured here!
You can purchase a Villa at the resort, and have the Omni rent it out for you! Here is a tour of the 1,810sf unit which is two hotel rooms that share a kitchen/living area – they can be rented together or separately:
Thank you Jaime Costa for the great tour!
3022 Segovia Way, Carlsbad 3br/2ba, 1,542sf one-story on a 13,033sf lot.
Sold for $835,000
Dreaming about the perfect backyard? Check out this extra-large and flat 13,033sf lot with plenty of privacy too! It backs to the park, and is easy walking distance to La Costa Heights Elementary School (rated a 10 at greatschools) in the Encinitas school district. This one-story house is light and bright with high ceilings (no cottage cheese) with new stove/oven and newer flooring, water heater, and furnace. Plus there’s no HOA or Mello-Roos either. City encourages a 640sf granny flat too – easy to add!
COMPS: Model match in identical condition with an illegal bedroom addition and BACKED TO RSF RD closed for $808,000 last August (3117 Quebrada Ct). Another in original condition with old pool closed for $850,000 in July, 2019 (7732 Anillo Way). A smaller single-story in mostly original condition closed for $851,000 in April, 2019 (7967 Represa Circle). And 3103 Cadencia just closed for $1,075,000.
If my listing was on a regular-sized lot, it would be easily valued at $800,000 today – how much premium for the double-sized lot??
The bottom of the range in Carlsbad is around $800,000 these days. Here’s an example – this closed for $835,000 today:
Here’s an example of the premium paid for the upgraded one-story houses with a potential granny unit and no HOA/M-R. Two-story houses that are 25% bigger are selling for less in this neighborhood:
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
