Earlyretirement, can you post a listing in Santaluz that you are talking about? I see only three under $1MM (one at $999K). The most affordable one is 2,327sf at $352/sf with $450/month HOA (Google Maps shows 4S-sized backyard). Earlier today someone posted about a $170/sf short sale in 4S with $85/month HOA. I see few 3,500-4,000sf houses for around $800K on lots similar in size to the Santaluz one. I don’t see the listing in your neighborhood that is really comparable in affordability to 4S.