Single loaded street and open views to the back. Private yard with sunny pool, spa, BBQ/bar, multiple patios and grass area. In addition to the four bedrooms (one being a downstairs en suite), this 4,104sf home (on 10,000sf lot) has an optional 5th bedroom plus a downstairs office and a large upstairs bonus room with a view deck. Designer finishes throughout give this home a warm and inviting feel. Updated kitchen with newer appliances. Remodeled bathrooms, including the phenomenal master suite! Total zen experience throughout!
One of the most highly-upgraded homes ever – the master bath was resort quality! Won another bidding war here. Purchase price was $1,360,000.
Amazing single-level Olivenhain oasis! This stunning Mediterranean-inspired 4br/4ba, 4,002sf home has been totally refreshed, inside and out and is move-in ready! Upon arriving you are greeted by a discreet, private entry flanked by mature trees and lush landscaping. The Spanish-style courtyard leads to the dramatic entry with a formal foyer and turret that looks to the enormous great room featuring 16 ft ceilings and two rows of windows that make it feel exceptionally light and bright.
We were in escrow nearby at a lower price point, but it was older and needed more work. We cancelled, and then this came on the market – a turn-key-ready home that was less then they would have spent on the other project, and no work needed here! Sales price was $1,600,000.
A brief video tour of some new model homes in southeastern Carlsbad. The beauty of these smaller tracts is that they are only building 49 homes, which will probably take them two years to construct. At that rate, they only have to sell two houses per month.
Here the seller lowered the price aggressively from $1,095,000 to $899,000 in the first 45 days of the listing, and a couple of weeks later, an agent from a different office bought it:
The previous owner paid $1.2 million and financed 100% of it – but he must have wrote a check. There was no sign of a short sale or foreclosure.
Between 1971 and 1978, Joe Walsh was married to Stefany Rhodes. The couple had a daughter named Emma, born in the first year of their marriage. When Emma was just three years old, Rhodes had a car accident which caused Emma to suffer from fatal head injuries. She was pulled out of the life support unit the same night, and her organs were donated. After this tragic incident, Walsh suffered from severe trauma, and the couple decided to break up.
To cope with Emma’s loss, Walsh began to use drugs and alcohol, and he wrote a song as a tribute to his daughter titled ‘Song For Emma.’ He also built a memorial fountain to Emma’s name in North Boulder Park, where Rhodes was taking Emma to at the time of the tragic car accident. Later on, when his relationship with Nicks began, Walsh shared this incident with Stevie. She was deeply affected, and went on to write ‘Has Anyone Ever Written Anything for You’ for Walsh, who is a former resident of Olivenhain!
I have sold two LCV listings this year – here are my results:
Both of mine sold in the first week on the market for $100,000 over their list prices.
The addresses highlighted in blue here are the group I named the La Costa Valley 6 – the comps that would have given other sellers confidence that their values were in the low-$2,000,000s….at least in June, 2023. Here is a link to the last update (dated June 27th):
Two of the six are still for sale. My sale on Corte Cidro and three others closed escrow.
But look at the other new action too:
The addresses in bold:
Unbelievably, the model match to my Corte Cidro sale, 2185 Corte Arboles, hit the market at $1,799,500, three weeks after mine closed for $2,200,000! Hard to understand why they didn’t try for more – the house was described as ‘beautifully renovated’, and in the photos it looked a lot like my listing did. There was probably some street noise from Olivenhain Road, but $400,000 worth?
Corte Cicuta had been the first sale that set the tone for the 2023 Spring Selling Season, selling for $714/sf in March. But to demonstrate how thin the demand can be, only one buyer looked at that house, and bought it right away.
Sitio Caucho was a large 3,578sf house on a culdesac with westerly view, so no surprise that it sold right away too. At $622/sf, it looked like a good value.
2305 Camino Robledo was the wild card, because at the time, the only comp was Corte Cicuta at $714/sf so I didn’t think it had much chance of selling. The model match next door is still for sale, now listed for $714/sf, and when the 2305 buyer walked into that open house, he said ‘Oh s***, what have I done?’ – realizing that he paid too much.
The two sales on Camino Serbal were Davidson-built homes, and superior in quality.
Bottom line in the new era: You never know when a neighbor will dump on price, and it affects everyone else. The four active listings are now hung out to dry by the Corte Arboles sale, and at this point, they don’t have much chance of selling for $2,000,000+ when in May/June they could have gotten it easily.
