[quote=Hobie]I remember that plot when it was a commercial palm grower or was it tomatoes. Excellant location. Just far enough inland past the coastal fog. $700k appears the low end of the development. Good as the higher $ properties will keep values up. Hoa will probably be high however. But, 700 for new in cbad is good.
Not sure why you care about stock price unless you are thinking of solvency of the builder.
El Camino Real is a busy road. Not sure if that will be a noise problem. Lot’s of shopping nearby.
Watch paying for the view as there is that proposed 85/15 ( Nordstrom mall )project next to the Hwy 5. Power plant was supposed to demolish the smokestack at some point but I don’t know any more details.
Interesting the state allows new developments that require water when the rest of us have to cut back to give them the supply. Grr. ( personal bias not limited to this project 😉 )[/quote]
Hobie, after I posted, I looked around on realtor.com and only found one *new* listing in RR that meets the OP’s criteria:
The asking price is $809,995 and no lot size is provided in the listing.
Of course, there may be one-story homes in other subdivisions/phases which are not listed on the MLS. I haven’t checked but maybe the amount of monthly MR is listed in the same listing in the sdlookup aggregator. I don’t know if the MR in this/these CFD(s) will be for 30 years or 40 years but that is a l-o-o-o-ong time for someone over 55 to commit to.
It wasn’t the state which allowed this/these CFD’s to be formed, Hobie. It was the City of Carlsbad who likely annexed this land to itself at some point (from the county) and approved the CFD formation and subsequent subdivisions.
The OP seems to have an aversion to doing any rehab or repair work upon COE but at the price he/she would be paying for HOA/MR in an area such as RR, he could hire a general contractor to totally remodel an older home before move in much cheaper and be done with it! (At least if he/she plans on living beyond the age of 70 or so, lol.) The market will take care of the rest with a better-located home than those in RR.
btw, Toll Bros is claiming that RR is only 3 miles from the ocean. Ha ha! I haven’t mapped it on mapquest but it looks like 5.5 to 7 miles away to me. I was originally looking at all the comm’l sprawl to the SE of RR (7-12 miles away from the beach?) and not the star on the map when I originally posted that it was 7 miles away.
