[quote=profhoff]sdrealtor, what’s your sense of the tight SFH homes in the gated communities near the beach in c’bad off Poinsettia? The houses aren’t massive, the backyards are postage stamp tiny, but it’s west of the 5 and a few minutes walk from the beach.[/quote]
I think you mentioned you are off to Encinitas/Leucadia so thinking you have one there wondering what to do with. Id hold onto it. I think those will do just fine as there arent any new sfr’s coming in that area again on any scale.
The area will see some more commercial development over time but who knows how long that will take. It will be hotly contested by local government and held to high standards to preserve what is a spectacular spot. The new hotel will bring high end travellers some of whom will look to return to longer term accomodations. Its all upside there IMO
It is in the coastal zone so the AirBnB’s that Andrew would decry as a homeowner are possible. Wouldnt be surprised to see them hit 4 to 5K a week in the next decade.