I happened to be in the area just west of Santaluz midday today (Sunday). It’s where the restaurant Cavaillon is (first-class French cuisine, one of the best in San Diego by the way.) Does anyone know what the name of this area is? It’s obviously not Santa Luz proper, though the agents like to call it that.
The houses are large but packed together. The area seemed like a ghost town: for the number of houses around, it is eerily empty on the streets. The front landscaping is beautiful. I would hope so, given that HOA plus Mello-Roos is over $6000 per year.
Note the sideways photograph. It is sideways also on the printed flyer. I guess the bank didn’t choose the listing agent based on her being detail-oriented.
The house sold in October 2005 for $999,000. It is listed now for $825,000.
You would think this is an indicator that prices are down since the peak? Not according to the agent at the open house 🙂 I asked her how much prices are down from the peak in the area. She hesitated and then answered “maybe 2%.”
There was a mortgage broker hovering at the open house also. She was equally clueless. I asked her “Where is Del Sur from here?” She said she didn’t know. The answer is a mile north on the main road…
Her slogan is “Service, Knowledge, Integrity.” Let’s hope she has at least the first and third.
“Note the sideways photograph. It is sideways also on the printed flyer. I guess the bank didn’t choose the listing agent based on her being detail-oriented.”
“Note the sideways photograph. It is sideways also on the printed flyer. I guess the bank didn’t choose the listing agent based on her being detail-oriented.”
Santaluz seems to me to be the most overpriced area from looking at homes there. I figure with new development still going on there, the housing crises, mello roos, and comps in RSF, comprably sized and finished homes in Santaluz with their much smaller usable back yards to boot are way over priced. I like many of the homes, but wont even consider an offer with the asking prices so much higher than what I think the homes I have looked at are worth. The numbers just do not justify it.
Santaluz seems to me to be the most overpriced area from looking at homes there. I figure with new development still going on there, the housing crises, mello roos, and comps in RSF, comprably sized and finished homes in Santaluz with their much smaller usable back yards to boot are way over priced. I like many of the homes, but wont even consider an offer with the asking prices so much higher than what I think the homes I have looked at are worth. The numbers just do not justify it.
This area is called Verrazzano. Verrazzano and Del Sur encompass the second and final phase of Black Mountain Ranch, with the first being Santaluz. Verranzzano was built by Shea Homes…I think around 2003.
This area is called Verrazzano. Verrazzano and Del Sur encompass the second and final phase of Black Mountain Ranch, with the first being Santaluz. Verranzzano was built by Shea Homes…I think around 2003.
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