[quote=jpinpb]Well, I had the thought there’s not much buildable land along the coast, but just driving back from Carlsbad along the 5 south there is a LOT of mowed down, graded land. I mean a LOT. Not sure what’s getting built, but surprisingly, there’s still land that’s available to be built. I want to say it’s the Leucadia area, west of 5 where I saw the graded land. In that vicinty thereabouts.[/quote]
If you look at google maps there are two reasonable areas west of the I-5 between Carlsbad and Del Mar. One of these looks to be directly adjacent to a water treatment plant, just south of Palomar airport road.
The other, larger area is just south of Santa Fe Drive. I estimate that at the same density as the surrounding neighborhood, this area could include 80-100 SFHs. If it’s made more dense, like most modern places, maybe 200 SFHs.
So, at best that’s 100-200 homes developed over say 2-3 years.
That’s not a lot. Consider that North San Diego County had 54 listings added for sale in just the first 5 days of 2013 per http://www.bubbleinfo.com
