Word on the street is that there are 11 offers on this new listing in Leucadia, and it’s up to $1,200,000:
https://www.zillow.com/homedetails/460-Parkwood-Ln-Encinitas-CA-92024/16709568_zpid/
It goes to show you that you don’t have to worry about under-pricing a home…..as long as you put it on the open market so every buyer gets a crack at it!
A tragic day at the beach – here’s a geologist’s description:
From the UT with hat tip to WC Varones (JMI = John Moores, ex-Padres owner):
Developers have finally started construction activity this week on a Leucadia bluff-top hotel project that’s been talked about for decades.
Located just west of La Costa Avenue’s intersection with Coast Highway 101 and part of a site that once contained the Cabo Grill, the 4.3-acre property will become home to a $110 million, 130-room hotel. The luxury hotel, which will have ocean views from all but two of its guest rooms, is scheduled to open for business in November 2020.
Fenway Capital purchased the property about 13 months ago and is working jointly with JMI Realty to develop the land, which was once owned by KSL Resorts, Jackel said. Long ago, this property was envisioned as a companion property — kind of a “beach club” — to the La Costa Resort & Spa just east of El Camino Real, he added.
People passing the site initially will notice little more than new fencing, construction trailers and some surveying work. But at the end of January, a hotel project-funded sand replenishment will start on the beach below the bluff. Contractors will be adding 45,000 cubic yards of sand to the beach between late January and the end of February.
A public staircase in the area will remain and a new beach access pathway will be added from La Costa Avenue as part of the hotel development, Jackel said. The new pathway is scheduled to open just before the start of summer in 2020, a construction timeline indicates.
https://encinitasbeachhotel.com/
Link to Full Article
BIG PANORAMIC OCEAN VIEWS!!! This beautiful property has just gone through a complete remodel and all changes were fully permitted. Features that were added during the remodel are: kitchen and downstairs reconfiguration that produced an open living floorplan the addition of a 3rd bathroom, a brand new 520sf deck that allows sit down ocean views and plenty of room for entertaining, new roof, new plumbing, new electrical, new dual zone HVAC and new siding. 10-year warranty on remodel too – wow!
1720 Burgundy, Encinitas
Sold for $1,200,000.
This is one of the perils of real estate video production. You can get the whole crew out on a sunny day and make a quality video, but if the haze rolls in…..
The photo above is a good representation how the ocean view looks in person!
For those looking for perfection, this house is for you – everything is brand new, and comes with a 10-year warranty! Now priced at $1,450,000:
Richard’s new listing hits the open market on Thursday, and it is stunning. Re-designed and rebuilt from the ground up over the last eleven months (with permits), virtually everything is brand new. A ten-year warranty too!
Four bedrooms, three-and-a-half baths, and 2,421sf with commanding ocean views from both levels. New roof, HVAC, decks, siding, flooring, and kitchen! $1,575,000 – open house 11-2 on Saturday, May 19th.
Klinge Realty CA DRE #01388871 Richard Morgan (619) 200-3844.
Multi-generational buyers rejoice – two bedrooms on first floor, each with their own bath and exterior access! Both have private outdoor areas too! Kitchen is loaded with high-performance stainless appliances and luxurious granite-slab counters! Hardwood floors throughout, extra-large 3-car garage with loads of storage cabinets, and big ocean view deck! The backyard is a tropical oasis and set up perfectly for Super Bowl parties – with new artificial turf that makes it virtually maintenance free!
Jim’s guidance on how to coach a buyer through a maze of repair issues helped his sellers get to the finish line successfully, and selling for almost $600,000 more than they paid (with Jim) just five years prior.
Charming bungalow on gorgeous, ocean view half-acre lot on one of Leucadia’s premier streets. Great potential as a remodel or ocean view lot for a new home…this home is adorable it just needs a little TLC and updating. Greatroom floorplan, split level–3 BR + separate office. Easement access for gated driveway-quiet neighborhood of beautiful homes and views. Large, private yard. Views from most rooms and view deck off the back of the house.
Jim’s buyers withstood a furious bidding war, and prevailed – but it took paying $111,000 over list price in 2011. It’s worth about a half-million more today.
I sold this gorgeous 3,345sf one-story house built in 2003 for $1,400,000.
There are few homes that have been meticulously designed and maintained by their owners – at any price. This is one of them:
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
