The newer short-sale listing at 1635 Olmeda might have drawn some attention away from yours, it is 2,285 sf but has been divided into two units and looks funky. It was nearing foreclosure so they listed at $570,000 and have offers to send in. There is also 1603 Olmeda, a remodeled 1,836sf house that sold for $725,000 a couple of years ago, coming back on as an REO shortly for (I’m guessing) $600,000 or less.
They are in the older part of Encinitas Estates and could be apples-to-oranges compared to yours, but when you see those close at least you’ll know they’re coming.
You know better than anyone – you’ve been studying it closer than us, so go with what you believe.
