Assuming that the guy at 10771 La Alberca Ave put 20% down, he had a down payment of $128,000, and CD interest rates were probably higher back in 2000.
It appears to be in Patina…much, much nicer than 4S Ranch, likely with an ocean view and beautiful upgrades.
It’s called Bernardo Springs. Basically an older version of 4S Ranch. I happen to be renting an apartment in the area and I can assure you that there’s no ocean view there. (Maybe if you climb on top of Black Mountain, you’ll see the ocean.) Can’t speak for upgrades and build quality, I’m too poor to afford a SFR in either one of those two neighborhoods.
