It says “furniture included.” I think the target is a mainland Chinese guy who wants a safer place for his wife and one child with a minimum of set-up and fuss and good school district. Brand new construction and furnished fits the bill.
The listing agent has a large all-Chinese-surname staff.
Mainland people wouldn’t buy townhouse at this price. Mainland guy would rather spend $1million+ and decorate the house with bargain basement ikea particle board furniture or have no furniture. This home screams bad Feng Shui.
The only other thing I can think of is school district. That Torrey Highland home might be outside Pacific Trails and Canyon Crest Academy. It think that might explain for some of thr price disparity.But even so, that condo is over the top. Canyon Crest is by lottery, and Pacific Trails is by petition to anyone in the San Dieguito district, and it’s not at capacity (yet). So there isn’t really a need to be in PHR area to be eligible for both of those schools.