16932 Going My Way Zip 92127 – Piggington's Econo-Almanac

This topic has 14 replies, 9 voices, and was last updated 11 years, 2 months ago by flyer.

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September 29, 2013 at 2:17 AM #20784

AlwaysLookingForADeal
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This looks like a good deal. Sold for $1.58 at the peak and now $1.189M. Great sq footage and awesome lot. On the market since June. Listing refers to Confidential Remarks. Does anyone know if there’s something wrong with this plesae that would explain it not selling in this hot market?

September 29, 2013 at 7:27 AM #765918

UCGal
Participant

Link? Address or street?

September 29, 2013 at 8:42 AM #765920

svelte
Participant

http://www.trulia.com/property/1009254246-16932-Going-My-Way-San-Diego-CA-92127

September 29, 2013 at 9:31 AM #765922

evolusd
Participant

Maybe because it’s on a street with a terrible name?

September 29, 2013 at 12:29 PM #765932

njtosd
Participant

According to Zillow it’s in foreclosure – did you know that already?

September 29, 2013 at 8:27 PM #765948

Essbee
Participant

Speaking of silly street names based on Bing Crosby songs…the whole “Crosby Estates” concept is confusing to me. What’s the demographic here? Who were they trying to appeal to with those street names? These were built maybe 10 years ago, correct? But the average Bing Crosby fan must be in their 80s+ by now. My parents are 60 and Bing Crosby is WAY before their time. Does it appeal to people to buy something in an area that sounds like it might be filled with very elderly people?

September 30, 2013 at 7:44 AM #765957

scaredyclassic
Participant

Sounds old school and safe.

Better than say led zep alley.

September 30, 2013 at 2:19 PM #765966

UCGal
Participant

Ok – I feel stupid now. Didn’t pick up on the fact it was an address in the subject line.

In the immortal words of Homer…
Doh!!!!

September 30, 2013 at 2:44 PM #765969

UCGal
Participant

[quote=njtosd]According to Zillow it’s in foreclosure – did you know that already?[/quote]
Prop tax records indicate it’s bank owned.

The actual foreclosure doesn’t show on redfin – but the older listing (pre-June ’13) showed it was a short sale (in/out of contingency status).

It looks like a nice house – but some of the comments on Redfin (by agents who’ve seen it) indicate it might have some wear/tear on the inside.

September 30, 2013 at 3:21 PM #765972

flyer
Participant

[quote=Essbee]Speaking of silly street names based on Bing Crosby songs…the whole “Crosby Estates” concept is confusing to me. What’s the demographic here? Who were they trying to appeal to with those street names? These were built maybe 10 years ago, correct? But the average Bing Crosby fan must be in their 80s+ by now. My parents are 60 and Bing Crosby is WAY before their time. Does it appeal to people to buy something in an area that sounds like it might be filled with very elderly people?[/quote]

I do understand your thoughts, but have friends who live there who range in age from around 40-60+, and all of them enjoy it for different reasons. Some, who wanted to buy in RSF near us, found it less expensive, yet exclusive, and still accessible to schools, shopping, etc.; others like the gated aspect and the amenities (golf course, club, etc.) and on and on.

As you mentioned, I’m sure very few residents know the story of how Bing Crosby is supposed to have had a home in the general area at one time (my grandfather used to play golf with him) and, even if they did, I would imagine the real reason most of them are buying there is simply because they prefer it over other choices. At least that was the case with the people we know.

September 30, 2013 at 9:29 PM #765977

Essbee
Participant

Don’t get me wrong; it seems like a very nice area.

I just think marketing the whole area and naming the streets after Bing Crosby songs makes it sound a bit… geriatric. Sort of like a RSF version of Lawrence Welk Village. My grandparents loved Lawrence Welk and Bing Crosby, but then again my grandfather is 99 years old.

It does make SOME sense if indeed Bing Crosby used to own the land. Neat about your grandfather golfing with him…

September 30, 2013 at 10:17 PM #765981

njtosd
Participant

Maybe it’s like Fairbanks ranch – the name just becomes a name.

October 1, 2013 at 3:46 PM #765993

flyer
Participant

Here’s an interesting article on the history of FBR:

http://sandiegopreviews.com/rancho-santa-fe/fairbanks/

October 1, 2013 at 3:58 PM #765994

The-Shoveler
Participant

[quote=6packscaredy]Sounds old school and safe.

Better than say led zep alley.[/quote]

“Led Zep Alley” sounds like a good name for a Boomer retirement community.

OK maybe a bit of a strange one.

October 1, 2013 at 10:36 PM #766020

flyer
Participant

Although The Crosby and FBR are not really “retirement communities” per se, those that are better cash in on Boomers now, because, after that, I wouldn’t bet on too many people in future generations ever being able to retire. Only time will tell.
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