For the record, that property is in the far reaches of northeast Carlsbad and no where near La Costa. At 2,050 sq ft it hardly qualifies as a McMansion either. If its the house I think it is, it has a street behind its small yard that serves as the entrance drive of an elementary school. While a big loss, those factors likely prevented its sale for the 1 year plus it languished on the market. Given its location its alot more representative of the market in Oceanside than La Costa.