I'll repeat this too here. There is a minimum reserve bid on each unit. if the final sale price is below the minimum reserve bid, the seller reserves the right to cancel the transaction. So while the $199k might be the start bid price, it's most likely not the reserve price. (If you're not familiar with this, go bid on something on ebay with a reserve price).
One thing to keep in mind about the Heights, if you're not familiar with this complex.
1)This is a tri-level development, with the second floor being "ground". Stairs to third and first floors.
2) This complex is not disability friendly if you're on the top or bottom floors, as there are no elevators and staircases are sort of narrow and open.
3) There is a mixture of garage parking and covered parking. You might not be assigned the garage that is right below you.
4) HOA fees: it is extremely possible that the HOA is underfunded.
5) People with kids: I believe the elementary school is Carmel Creek Elementary, which if you care btw, belongs to the Solana Beach School District, not Carmel Valley. Shouldn't make a difference though. Also, you will have access to Carmel Valley Middle School, which is within walking distance.
it's a pretty nice complex imho, but there are some obvious limitations too.
