Your are right, I am being a little loose with my years. It is more like 6-7 years ago when the houses were in the ranges I quoted.
I don’t think I’d buy in Mar Brisa, it has a cramped feel to it. The $625-$675K houses there are too small anyways.
Here is one counter-ecample though – Mariner’s point with no view:
6746 Solandra – Currently listed at $799K – Bought in 1997 at $304K – Zillow graph has this hitting 500K in 04-05. Knowing that Zillow is off, let’s call it 2002. Not quite the 600K you quoted. (I’ll use your “close enough” argument). 4%/yr since purchase get them south of $500K. This house is still listed $50K above other listings on a sq footage basis. We’ll see it below 650 in the next 18 months.