City Venture at it again

[enron_by_the_sea]

[quote=ocrenter][quote=sdcellar]These are the same ones California West was (and maybe still is) selling? They were selling them in the sevens and eights. Guess they didn’t/don’t care to re-up? Could be that these last lots are the worst, but I have no idea how true that might be. I’m pretty sure these didn’t work out as well for them as Monteluz and Andalusia in 4S.

With regard to City Ventures, the houses they built in Stonebridge weren’t up to same standards as those built by Warmington (and I think the lots may have been inferior as well), so they weren’t quite the price savings it would seem on paper. Still pretty good prices, though, for BAHs.

As you said, they were the same floor plan, but I think it diverged a bit from there. It will be the same in The Crosby, I’m sure.[/quote]

yup, these are the same lots. I have heard the City Venture homes in Stonebridge are not quite as upscale as the Warmington version.

looks like developers are doing quite a bit of musical chair. a bit weird to have one development pass thru three different developers though.

here’s the original from John Laing:

http://www.scheurerarchitects.com/projects/residential/attached/crosby/crosby.htm

here’s the second try from California West:

http://www.californiawestcommunities.com/community.php?ID=1

and now the latest from City Venture:

http://www.cityventures.com/rancho-santa-fe.php%5B/quote%5D

Did I read that right?
The second link Plan-1 shows ONLY TWO BEDROOMS in a 3000sf house?

[ocrenter]

[quote=earlyretirement]Did the HOA in Crosby go up for all houses? Here is a nice house that I noticed just after I bought mine. I heard the owner was a realtor and sunk a fortune into upgrading this house. Look at the price it’s going for now.

http://www.redfin.com/CA/SOLANA-BEACH/8282-TOP-O-THE-MORNING-WAY-92075/home/6481654

Yeah the HOA and MR are high but it’s a really nice development.[/quote]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.

[ocrenter]

[quote=earlyretirement]Did the HOA in Crosby go up for all houses? Here is a nice house that I noticed just after I bought mine. I heard the owner was a realtor and sunk a fortune into upgrading this house. Look at the price it’s going for now.

http://www.redfin.com/CA/SOLANA-BEACH/8282-TOP-O-THE-MORNING-WAY-92075/home/6481654

Yeah the HOA and MR are high but it’s a really nice development.[/quote]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.

[ocrenter]

[quote=earlyretirement]Did the HOA in Crosby go up for all houses? Here is a nice house that I noticed just after I bought mine. I heard the owner was a realtor and sunk a fortune into upgrading this house. Look at the price it’s going for now.

http://www.redfin.com/CA/SOLANA-BEACH/8282-TOP-O-THE-MORNING-WAY-92075/home/6481654

Yeah the HOA and MR are high but it’s a really nice development.[/quote]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.

[ocrenter]

[quote=earlyretirement]Did the HOA in Crosby go up for all houses? Here is a nice house that I noticed just after I bought mine. I heard the owner was a realtor and sunk a fortune into upgrading this house. Look at the price it’s going for now.

http://www.redfin.com/CA/SOLANA-BEACH/8282-TOP-O-THE-MORNING-WAY-92075/home/6481654

Yeah the HOA and MR are high but it’s a really nice development.[/quote]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.

[ocrenter]

[quote=earlyretirement]Did the HOA in Crosby go up for all houses? Here is a nice house that I noticed just after I bought mine. I heard the owner was a realtor and sunk a fortune into upgrading this house. Look at the price it’s going for now.

http://www.redfin.com/CA/SOLANA-BEACH/8282-TOP-O-THE-MORNING-WAY-92075/home/6481654

Yeah the HOA and MR are high but it’s a really nice development.[/quote]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.

[ocrenter]

[quote=enron_by_the_sea]
Did I read that right?
The second link Plan-1 shows ONLY TWO BEDROOMS in a 3000sf house?[/quote]

you are correct. these are meant as “retirement” type homes for well-to-do retirees who have so much funds in their retirement accounts that $1200 + additional cost for the club per month is no skin off their backs.

[ocrenter]

[quote=enron_by_the_sea]
Did I read that right?
The second link Plan-1 shows ONLY TWO BEDROOMS in a 3000sf house?[/quote]

you are correct. these are meant as “retirement” type homes for well-to-do retirees who have so much funds in their retirement accounts that $1200 + additional cost for the club per month is no skin off their backs.

[ocrenter]

[quote=enron_by_the_sea]
Did I read that right?
The second link Plan-1 shows ONLY TWO BEDROOMS in a 3000sf house?[/quote]

you are correct. these are meant as “retirement” type homes for well-to-do retirees who have so much funds in their retirement accounts that $1200 + additional cost for the club per month is no skin off their backs.

[ocrenter]

[quote=enron_by_the_sea]
Did I read that right?
The second link Plan-1 shows ONLY TWO BEDROOMS in a 3000sf house?[/quote]

you are correct. these are meant as “retirement” type homes for well-to-do retirees who have so much funds in their retirement accounts that $1200 + additional cost for the club per month is no skin off their backs.

[ocrenter]

[quote=enron_by_the_sea]
Did I read that right?
The second link Plan-1 shows ONLY TWO BEDROOMS in a 3000sf house?[/quote]

you are correct. these are meant as “retirement” type homes for well-to-do retirees who have so much funds in their retirement accounts that $1200 + additional cost for the club per month is no skin off their backs.

[earlyretirement]

[quote=ocrenter]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.[/quote]

Hey OC,

Yeah, I can’t imagine how much more they sunk into it. I talked to someone that said they know the owner and a fortune was sunk into it. (The Redfin listing says $350,000 was sunk into it but I heard it could have been more). It will be interesting to see what the sale goes through for.

It looks like it fell through a few days ago but someone else swooped in. The low list price is $1.1 million which at that size and for the upgrades seems reasonable. It sits on over half an acre. If I didn’t already buy I might have been interested in it.

I can’t imagine what they spend in maintenance fees at the Crosby. I know in Santaluz it’s almost $1 million a year.

Totally strange to see big houses like that with only 2 bedrooms. Even for retirees.

[earlyretirement]

[quote=ocrenter]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.[/quote]

Hey OC,

Yeah, I can’t imagine how much more they sunk into it. I talked to someone that said they know the owner and a fortune was sunk into it. (The Redfin listing says $350,000 was sunk into it but I heard it could have been more). It will be interesting to see what the sale goes through for.

It looks like it fell through a few days ago but someone else swooped in. The low list price is $1.1 million which at that size and for the upgrades seems reasonable. It sits on over half an acre. If I didn’t already buy I might have been interested in it.

I can’t imagine what they spend in maintenance fees at the Crosby. I know in Santaluz it’s almost $1 million a year.

Totally strange to see big houses like that with only 2 bedrooms. Even for retirees.

[earlyretirement]

[quote=ocrenter]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.[/quote]

Hey OC,

Yeah, I can’t imagine how much more they sunk into it. I talked to someone that said they know the owner and a fortune was sunk into it. (The Redfin listing says $350,000 was sunk into it but I heard it could have been more). It will be interesting to see what the sale goes through for.

It looks like it fell through a few days ago but someone else swooped in. The low list price is $1.1 million which at that size and for the upgrades seems reasonable. It sits on over half an acre. If I didn’t already buy I might have been interested in it.

I can’t imagine what they spend in maintenance fees at the Crosby. I know in Santaluz it’s almost $1 million a year.

Totally strange to see big houses like that with only 2 bedrooms. Even for retirees.

[earlyretirement]

[quote=ocrenter]

wow, $1.8 million with additional upgrade cost down to $1.2 million.

If I recall HOA was $500, now $600 plus, I could be mistaken.

problem with Crosby landscaping is they go for all greens and lawns, which eat up a lot of water. most of the newer developments at least try to go with more drought resistant choices.[/quote]

Hey OC,

Yeah, I can’t imagine how much more they sunk into it. I talked to someone that said they know the owner and a fortune was sunk into it. (The Redfin listing says $350,000 was sunk into it but I heard it could have been more). It will be interesting to see what the sale goes through for.

It looks like it fell through a few days ago but someone else swooped in. The low list price is $1.1 million which at that size and for the upgrades seems reasonable. It sits on over half an acre. If I didn’t already buy I might have been interested in it.

I can’t imagine what they spend in maintenance fees at the Crosby. I know in Santaluz it’s almost $1 million a year.

Totally strange to see big houses like that with only 2 bedrooms. Even for retirees.

[Author]

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