“Is a clean $1M 2000sqft SFR with a back yard ocean view too much to ask for?” – I don’t think that’s going to happen… the 800 sq. ft. no view Bird Rock homes aren’t going under $1 million, so I think your scenario is too much to ask for.
Ummmm… actually….. this is happening. (Well at least darn close)
And you want a more than 2000sqft SFR with back yard and ocean views for less than a mil?? Well, 1034 La Jolla Rancho Rd went pending a week or so ago after being offered for $999,000. ( MLS#: 086024374) That’s a 2418 sq ft house with ocean views and a pool. (Not sure how big the back yard is, but it’s a 10,100 sqft lot.) I ran past the place when it first hit the market on my morning run, and while it’s no beauty, I’ve seen far worse. (If zillow is to be trusted, it looks like the bank bought it back for $1,753,769 – Ouch that’s gotta sting!) Of course, the pending price isn’t always the sales price, and so it could easily have gone for more than a mil, we’ll have to wait until it closes to know.
But, the point of this thread, and the point of my response, is that things in places like La Jolla are showing a lot bigger cracks than people want to admit.
