[quote=bearishgurl][quote=UCGal]Your kidding about them moving Las Colinas, right?
NO neighborhood wants a prison in their backyard. It’s already in Santee – and it seems extremely unlikely that it will be moved to someone elses backyard. NIMBYism will prevent it. Where are they going to move it? It has to be central enough to get to the 3 courthouses in the county (downtown San Diego, El Cajon, North County). Santee fits that bill.
I think the people of Santee need to be comfortable with Las Colinas – they’re going to coexist as long as we need a womens detention center.
Santee is nice enough. I’m not a Santee basher. Las Colinas wouldn’t be a deciding factor if I were looking there. One of my extended family is looking at REOs out there.[/quote]
You are correct, UCGal, IMO the law is on the side of the County here.
(I noticed Flu’s post of last night [above] referring to the same article in this link after I posted.)
Santee has historically been one of the absolute CHEAPEST places to buy raw land in the entire county, due to a variety of factors (heat, air pollution, lack of zoning, etc). In short, it fails the “location, location, location” test.
No doubt Lennar purchased the land to develop Sky Ranch dirt cheap (esp. since they had to cut off the top of one of Santee’s surrounding mtns (which sock it in with air pollution). There are absolutely no sales comparables in Santee to support Lennar’s purported asking prices here. They have obviously over-developed for the area. The $3,300+ a month that SkyRanchOwner posted is an ASTRONOMICAL monthly cash outlay to live in SANTEE!! SkyRanchOwner may have a large house, but IMHO a $600K+ purchase price will buy a VERY well-located property with LAND (1/4 AC – 1 AC) in SD County. Well-located LAND is generally MORE VALUABLE THAN ANY lot in a *NEW* subdivision. With a $323 mo. HOA fee, SkyRanchOwner could purchase A LOT of home improvement products EACH MONTH to fix up a large cosmetic fixer on LAND and she/he would be giving back to THEMSELVES every month in the form of sweat equity instead of an “HOA.”
No offense to any Piggs here but even though many businesses have moved into Santee in the last 20 years, its topographical, geographical and zoning issues render it as having what we refer to in RE parlance as “economic obsolescence.”[/quote]
I think you are too critical towards Santee. It has turned around in the last few years with many new businesses and updated infrastructure. Granted, “La Jolla” of the east county may be a few more years away but compared to other cities in the east county Santee is more attractive.
Skyranch owners have all been quite happy (just go back and read some of their comments).
