I just visited a few 4S communities this Sat, 7/5. Remaining in Phase 4 in Maybeck, Plan 2 is going from $659k – $684k. Plan 4 at 3481 ft. baselines from $678k – $696k with upgrades. Plan 3 is still holding steady at $731k from April of ’07 when I last visited, but it now comes with the guest house, representing about a $40k drop.
What is disgusting is Chanteclair. They showed me a price sheet of their Phase 3A that’s sold out. Nothing less than $678k, but we’re talking about 3000 sq. ft. here, much smaller than Maybeck. I couldn’t believe it. The sheet shows a plan 1 at 2901 sq. ft., selling for $710K!! Compare that to Plan 4 of the Maybeck, I couldn’t believe it.
Anyhow, price gouging is still alive and well at 4S if places like Chanteclair is still fetching those prices. We still have a ways to go…
