Not sure I understand as we’re not able to wave magic wands but are instead discussing what’s actually in existence now. If we’re waving magic wands, and if you like the walkability of a village like La Jolla, as the OP stated, we might as well wave the wand and buy a 3500 sf house in modern condition in Del Mar village for $1.2 mil, and be in the same high performing school district as Carmel Valley. Most families would do that. That’s the more direct comparison, but unfortunately those houses cost more like $4-6 million.
But you’re right, this is a little bit of a chicken and egg discussion as the Pardee marketing people did not design the 3500 sf Carmel Valley houses just for kicks but because they saw a need in the marketplace – families moving to Carmel Valley for the schools, not just to live in 3500 sf houses.
And I don’t mean to sound snarky, just trying to illustrate the point.