[quote=AN][quote=bearishgurl]Buyers with a lot of cash often gravitate to areas which will afford them more privacy, convenience and views (read: “custom” homes on larger-than-std lots). This type of privacy usually can’t be found in a typical tract development.[/quote]
Funny you said this in the same thread as praising the Plum house and dissing the Del Mar house I posted. The PL house sits on a 5k sq-ft lot (i.e. no privacy), have no real view (at least not view from your backyard or from inside your house). While the DM house have both of those features. When I think of custom homes with privacy and view, I think of Rancho Santa Fe, not PL. Anything less than 2 acre isn’t that private. BTW, you forget good schools as well.[/quote]
AN, you seem to be going around and around about how great this DM condo is. It is over 3000 sf and if it is actually situated on a 5000 sf lot, I would be surprised. There is almost zero front yard, the driveway is not long enough to park a car in (its CC&R’s likely forbid parking there) and there is only a patio in back, overlooking a park (golf course?). Its bathroom(s) are all original and the pool area maintenance leaves something to be desired, considering the monthly dues there are $450.
I never stated well-heeled buyers would consider Plum a “private” estate-like home. The “Plum” sold comp shown here is a MC/upper MC home in a fantastic area with a good sized yard, a balcony and enclosed patio and a fantastic view of the City in the street. The houses on this side of Plum do not have a view of dtn SD unless a permitted second story is attached and then it may only have a “peek” view if situated on a corner lot. An expansive view of dtn on this street would likely cost much more than this property and may even be a “fixer.” The average lot size in Fleetridge is actually over 7K.
And now you’re back to your “school” argument. There is nothing wrong with PL High and High Tech High. And some of the elem schools around there have GREAT scores!
I don’t care what the majority of RE buyers who post here seem to perceive is “important” or that a portion of them may be chasing “school scores.” I do not believe (young family) Pigg buyers are representative of County buyers overall. I believe the particular younger demographic who are currently parents of very young children and post frequently here are but a small microcosm of RE buyers in this county but are the majority who post here.
There is NO PLACE for children to play at the DM condo except on association property where they will likely constantly be in violation of CC&R’s.
You mentioned other desirable “private” areas but they are all within a “covenant.” The property rights within that covenant are very, very restrictive, i.e, you can’t park up and down the “streets” (lol, more like “easements”) and place a portable basketball net at the curb for months/years like you can in MM 🙂 An owner doesn’t have those same restrictions in PL unless what they are doing actually violates City Code.
AN, why don’t you endeavor to buy yourself a property within your coveted DM HOA or the RSF covenant in the coming years and see if you like living there and paying for all its duplicated services (which are publicly provided by the City to PL residents)?? Better yet, rent in those places first for $4K++ per month before you make a buying decision you may later regret :={
