First off, I’m well aware of all those homes. I’ve been in most of them. The thing about Stonebridge is it has high MR and it is quite a ways out East. It’s a good 15 min from the freeway. Very different than SR proper. Plus I don’t want 5000 sq ft.
I’m looking for around 3500 sq ft, and South of Pomerado is starting to have possibilities. That $929k is a disaster, needs $200k of work (gross inside) plus it’s right on Pomerado Rd. The pics make it look habitable but it’s not.
Rolling Hills is interesting, it’s a little pocket of 92064 right next to 92131, and they’re all 1/2 acre lots. Because of the zipcode thing, it doesn’t show up on naive searches, so you can get some deals. We were contemplating putting an offer in on this home, a nice one story with pool on a beautiful lot:
The problem is it was owned by a smoker and reeks. Don’t tell me “new carpet, new paint” – my parents bought an ex-smoker house and after gutting the entire thing: paint, flooring, vent and pipes, furnace, it STILL smells like smoke.
I look at MLS listings OCD-style multiple times every day. It’s not that I’m unaware of the inventory. I just don’t see anything that makes me want to devote $200k+ down payment plus $5500/month. Maybe I’m just too conservative. My appetite for risk is disappearing entirely as I get older.
