sdrealtor, that house on Citrine originally sold for 1.331M without landscaping. If it brought 850k that is 36% off peak price. That leaves only 14% more to get to 50% off peak. Could it happen before this is all over? It is hard to say but 40-45% off peak is starting to look very possible in the fringe areas of Carlsbad like LCG.
I don’t think 4500 sq ft homes were selling for mid 5’s in Aviara in 2000.
This one on Shorebird is just a bit over 4000 and was already 750k in 1999. Yes it is on the Lagoon, but I don’t think you get a house like the one on Citrine anywhere in Aviara for the mid 5’s in 2000. I was shopping hard for a home around that time period.
Maybe homes under a power line or backing up to Aviara Drive.