Thanks for your comments, flu. I frankly have never looked at any listings in CV unless someone posted them here. I had no idea that there were listings up to $4.5M in Carmel Valley! Based upon the links of listings I’ve viewed here, CV seems way too dense to have “luxury” listings in the multimillion-dollar range!
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Sorry, I was way off. The upper limit isn’t 4.5 million. There’s a home selling for 14.950 million. Heck, let’s just round it up and call it $15m for the day.
The property tax alone on that thing each year is worth more than some of my purchase prices for 1/1 condos…lol….I guess also with that sort of property tax each year, the additional MR is a moot point, as well as the $600/month HOA, almost the payments of 1 mortgage of a 1/1 rental.
Personally, $15million, I that would be more than enough for me to retire and live in my ghetto box. But if someone is that wealthy, sure…Why not?
flu, I looked at the link and that is obviously NOT a tract home. Additionally, it appears to be located on the far northern edge of your zip code (outside of any subdivision?)
The question I asked you is if you knew of anyone worth $10M or more who chose to purchase and live in a tract home in Carmel Valley, given all the housing choices they had/have.