I always said carriage run was way overpriced even for carmel valley standards. I think this home appeals to uninformed buyers who for soe reason want to live in cv badly and in a new home. But frankly at $850k, you should be looking at are 2200-2300sqft 4bdrm. This home just doesn't make sense, and you'll quickly outgrow this.
I'm not sure why pardee is building BridleRidge. It's a terrible location. But I'm sure there will be people interested.
My wife has finally given up on upgrading our home (not that she was serious anyway ). The only thing we would do at this point in the future would be to buy investment property and/or move into a custom home when/if they come down in price and if our finances make sense at that point. Got to please the wife occasionally:)
At the price some of the REO Del Mar Mesa homes are selling , I'm not sure why anyone would still want to live spend close to $2mil on Derby Hills tract home, but oh well not my money.