3R will a nice master planned community when it up and running. I browse another forum where homeowners and would-be buyers actively discuss various topics.
Of course, what interests me the most is the current price action. And I do wonder if it is a better buy to purchase a newer / resale home in Sorrento Valley, or a home off of Calle Cristobal. Or go to PQ and Carmel Valley.
The entry price to live in 3R is quite steep:
-the purchase price, assume $1.8m for Alta Plan 3B
-1.46% property tax, which includes the SCIP. City of SD standard property tax rate is 1.23%; so another extra 0.23%, or $22,140 Std Prop Tax + $4,140 SCIP
-the $250 to $400 monthly HOA ($3,000 to $4,800)
-the required solar panels (one time $10,000)
-plus upgrades buyers may opt into (XXXX)
https://www.live3roots.com/homes/alta
Alta is the biggest SFH within the 3R community, and below are what’s shared. I am not 100% certain, but I believe all 3R home builders have gone to “bidding style” purchase format.
https://www.live3roots.com/homes/hudson
Hudson, which is attached townhouses, folks are saying they bid 20-30% above the starting price, and still did not hear back or get selected. INSANE!
Homesite 16 Residence 3B – approx. 3,463 Sq.Ft. | 2-story | 5 bedrooms | 4.5 bathrooms | Bonus Room | CA Room | 2-Bay Garage | Private 1 Bay Garage EI Color Package – FGS1 (this selection cannot be changed) Approximate close of escrow date July 2022
Priced at $1,720,900 ** Backyard depth average ~25 feet.
Homesite 68 Residence 3C – approx. 3,463 Sq.Ft. | 2-story | 5 bedrooms | 4.5 bathrooms | Bonus Room | CA Room | 2-Bay Garage | Private 1 Bay Garage EI Color Package – WS2.1 (this selection cannot be changed) Approximate close of escrow date July 2022
Priced at $1,702,900 ** Backyard depth average ~14 feet.
Homesite 13 Residence 2C – approx. 3,341 Sq.Ft. | 2-story | 4 bedrooms | 4.5 bathrooms | Bonus Room | CA Room | 2-Bay Garage | Private 1 Bay Garage EI Color Package – WS2.1 (this selection cannot be changed) Approximate close of escrow date July 2022
Priced at $1,705,900 ** Backyard depth average ~28 feet.
Homesite 71 Residence 1C – approx. 3,157 Sq.Ft. | 2 story | 4 bedrooms | 4.5 bathrooms |Bonus Room | CA Room| Deck | 3-Bay Tandem Garage EI Color Package – FGS1 (this selection cannot be changed) Approximate close of escrow date July 2022
Priced at $1,656,900** Backyard depth average ~17 feet.
