Home › Forums › Closed Forums › Properties or Areas › Skyranch in Santee
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March 5, 2011 at 10:14 PM #674801March 6, 2011 at 6:09 AM #673673
ocrenter
Participantthe problem here is if there are competing neighborhoods that are in better school districts and with real or perceived desirability, with pricing point very close to Skyranch, Skyranch will not be able to compete.
the price point for close to 4000 sqft sfr in 4S is now low 700s. there are way too many listings to count for homes from 3000 to 4000 sqft, ranging from pedestrian to grand. in Santee there’s a single listing.
as for the above 4000 sqft market, you got Stonebridge with 3 new home builders with some offering homes in the low 800s. yes granted one would have to spend another $200k to dress up the new home, whereas the Santee example you listed is already fully decked out. but I think the Scripps address and the Poway schools will be too overwhelming to fight.
at the end of the day, if someone has the ability to buy a 800k home, they will rather go for 4S or Stonebridge and Santee will not be on their map at all.
I think ultimately the $400-500k market is the Santee niche. and that is not a bad place to be.
March 6, 2011 at 6:09 AM #673731Participantthe problem here is if there are competing neighborhoods that are in better school districts and with real or perceived desirability, with pricing point very close to Skyranch, Skyranch will not be able to compete.
the price point for close to 4000 sqft sfr in 4S is now low 700s. there are way too many listings to count for homes from 3000 to 4000 sqft, ranging from pedestrian to grand. in Santee there’s a single listing.
as for the above 4000 sqft market, you got Stonebridge with 3 new home builders with some offering homes in the low 800s. yes granted one would have to spend another $200k to dress up the new home, whereas the Santee example you listed is already fully decked out. but I think the Scripps address and the Poway schools will be too overwhelming to fight.
at the end of the day, if someone has the ability to buy a 800k home, they will rather go for 4S or Stonebridge and Santee will not be on their map at all.
I think ultimately the $400-500k market is the Santee niche. and that is not a bad place to be.
March 6, 2011 at 6:09 AM #674342Participantthe problem here is if there are competing neighborhoods that are in better school districts and with real or perceived desirability, with pricing point very close to Skyranch, Skyranch will not be able to compete.
the price point for close to 4000 sqft sfr in 4S is now low 700s. there are way too many listings to count for homes from 3000 to 4000 sqft, ranging from pedestrian to grand. in Santee there’s a single listing.
as for the above 4000 sqft market, you got Stonebridge with 3 new home builders with some offering homes in the low 800s. yes granted one would have to spend another $200k to dress up the new home, whereas the Santee example you listed is already fully decked out. but I think the Scripps address and the Poway schools will be too overwhelming to fight.
at the end of the day, if someone has the ability to buy a 800k home, they will rather go for 4S or Stonebridge and Santee will not be on their map at all.
I think ultimately the $400-500k market is the Santee niche. and that is not a bad place to be.
March 6, 2011 at 6:09 AM #674479Participantthe problem here is if there are competing neighborhoods that are in better school districts and with real or perceived desirability, with pricing point very close to Skyranch, Skyranch will not be able to compete.
the price point for close to 4000 sqft sfr in 4S is now low 700s. there are way too many listings to count for homes from 3000 to 4000 sqft, ranging from pedestrian to grand. in Santee there’s a single listing.
as for the above 4000 sqft market, you got Stonebridge with 3 new home builders with some offering homes in the low 800s. yes granted one would have to spend another $200k to dress up the new home, whereas the Santee example you listed is already fully decked out. but I think the Scripps address and the Poway schools will be too overwhelming to fight.
at the end of the day, if someone has the ability to buy a 800k home, they will rather go for 4S or Stonebridge and Santee will not be on their map at all.
I think ultimately the $400-500k market is the Santee niche. and that is not a bad place to be.
March 6, 2011 at 6:09 AM #674826Participantthe problem here is if there are competing neighborhoods that are in better school districts and with real or perceived desirability, with pricing point very close to Skyranch, Skyranch will not be able to compete.
the price point for close to 4000 sqft sfr in 4S is now low 700s. there are way too many listings to count for homes from 3000 to 4000 sqft, ranging from pedestrian to grand. in Santee there’s a single listing.
as for the above 4000 sqft market, you got Stonebridge with 3 new home builders with some offering homes in the low 800s. yes granted one would have to spend another $200k to dress up the new home, whereas the Santee example you listed is already fully decked out. but I think the Scripps address and the Poway schools will be too overwhelming to fight.
at the end of the day, if someone has the ability to buy a 800k home, they will rather go for 4S or Stonebridge and Santee will not be on their map at all.
I think ultimately the $400-500k market is the Santee niche. and that is not a bad place to be.
March 6, 2011 at 12:05 PM #673857SkyRanchOwner
Participantocrenter,
I understand your points, but just a few things that you are assuming:
1.) Someone is looking for a good, public school district. Many of the owners up here send their kids to Christian or Catholic schools or home school, and aren’t concerned about “buying into” a good school district. Also, several owners are older and empty nesters and aren’t concerned about this.
2.) People don’t mind paying Mello Roos. Most if not all of the homes in 4S Ranch charge some type of Mello Roos in addition to their mortgage. There is no Mello Roos in Sky Ranch.
3.) People don’t want to live in Santee or East County. On the contrary, many people have family out here or have jobs out here, which makes living in Sky Ranch very convienent.
Overall, I’m just saying that not everyone is looking to live in 4S Ranch. There is demand for new housing in East County / Santee. It may not be the large demand that you see in RB or CV, but it does exist.
Why else would NorthStar condos be almost sold out (3 or 4 condos left out of approx. 200) Why else would EaglePointe be almost sold out, with the last phase release this month, and they already have high demand for the last phase. Why else would Crestview homes be selling very well?
Not everyone is sold on living in 4S too, because those homes were all built during the boom, when people were taking part in lotteries just to get a house. Now, the 4S area is very concerned about foreclosesures and competing with those home sales and decreased values. Why else does it have the nickname, 4Closure Ranch??
Sky Ranch is newer, 2008-2009, and was already severly discounted to match the current market. Once these homes sell out, it will be tough for many to buy up here, for those people who demand a nice home in Santee.
Sure, the $400-$500k range is key for most of Santee. Many nice but old homes sell in this range in other areas of Santee, but for living on Rattlesnake Mountain in a new community, you will pay a premium over that, putting you in the $500-$600k range.
And to your point about there not being many 4,000 sq. ft. homes in Santee is EXACTLY my point, supply and demand, ECON 101! Sky Ranch offers this to those who want it, and the mountain is significantly seperated that it can exist amoung the middle to lower end housing throughout the area.
PS – Have you seen the new EaglePointe homes going for around $650 and the large home sites with great views? These are very nice homes.
March 6, 2011 at 12:05 PM #673916Participantocrenter,
I understand your points, but just a few things that you are assuming:
1.) Someone is looking for a good, public school district. Many of the owners up here send their kids to Christian or Catholic schools or home school, and aren’t concerned about “buying into” a good school district. Also, several owners are older and empty nesters and aren’t concerned about this.
2.) People don’t mind paying Mello Roos. Most if not all of the homes in 4S Ranch charge some type of Mello Roos in addition to their mortgage. There is no Mello Roos in Sky Ranch.
3.) People don’t want to live in Santee or East County. On the contrary, many people have family out here or have jobs out here, which makes living in Sky Ranch very convienent.
Overall, I’m just saying that not everyone is looking to live in 4S Ranch. There is demand for new housing in East County / Santee. It may not be the large demand that you see in RB or CV, but it does exist.
Why else would NorthStar condos be almost sold out (3 or 4 condos left out of approx. 200) Why else would EaglePointe be almost sold out, with the last phase release this month, and they already have high demand for the last phase. Why else would Crestview homes be selling very well?
Not everyone is sold on living in 4S too, because those homes were all built during the boom, when people were taking part in lotteries just to get a house. Now, the 4S area is very concerned about foreclosesures and competing with those home sales and decreased values. Why else does it have the nickname, 4Closure Ranch??
Sky Ranch is newer, 2008-2009, and was already severly discounted to match the current market. Once these homes sell out, it will be tough for many to buy up here, for those people who demand a nice home in Santee.
Sure, the $400-$500k range is key for most of Santee. Many nice but old homes sell in this range in other areas of Santee, but for living on Rattlesnake Mountain in a new community, you will pay a premium over that, putting you in the $500-$600k range.
And to your point about there not being many 4,000 sq. ft. homes in Santee is EXACTLY my point, supply and demand, ECON 101! Sky Ranch offers this to those who want it, and the mountain is significantly seperated that it can exist amoung the middle to lower end housing throughout the area.
PS – Have you seen the new EaglePointe homes going for around $650 and the large home sites with great views? These are very nice homes.
March 6, 2011 at 12:05 PM #674527Participantocrenter,
I understand your points, but just a few things that you are assuming:
1.) Someone is looking for a good, public school district. Many of the owners up here send their kids to Christian or Catholic schools or home school, and aren’t concerned about “buying into” a good school district. Also, several owners are older and empty nesters and aren’t concerned about this.
2.) People don’t mind paying Mello Roos. Most if not all of the homes in 4S Ranch charge some type of Mello Roos in addition to their mortgage. There is no Mello Roos in Sky Ranch.
3.) People don’t want to live in Santee or East County. On the contrary, many people have family out here or have jobs out here, which makes living in Sky Ranch very convienent.
Overall, I’m just saying that not everyone is looking to live in 4S Ranch. There is demand for new housing in East County / Santee. It may not be the large demand that you see in RB or CV, but it does exist.
Why else would NorthStar condos be almost sold out (3 or 4 condos left out of approx. 200) Why else would EaglePointe be almost sold out, with the last phase release this month, and they already have high demand for the last phase. Why else would Crestview homes be selling very well?
Not everyone is sold on living in 4S too, because those homes were all built during the boom, when people were taking part in lotteries just to get a house. Now, the 4S area is very concerned about foreclosesures and competing with those home sales and decreased values. Why else does it have the nickname, 4Closure Ranch??
Sky Ranch is newer, 2008-2009, and was already severly discounted to match the current market. Once these homes sell out, it will be tough for many to buy up here, for those people who demand a nice home in Santee.
Sure, the $400-$500k range is key for most of Santee. Many nice but old homes sell in this range in other areas of Santee, but for living on Rattlesnake Mountain in a new community, you will pay a premium over that, putting you in the $500-$600k range.
And to your point about there not being many 4,000 sq. ft. homes in Santee is EXACTLY my point, supply and demand, ECON 101! Sky Ranch offers this to those who want it, and the mountain is significantly seperated that it can exist amoung the middle to lower end housing throughout the area.
PS – Have you seen the new EaglePointe homes going for around $650 and the large home sites with great views? These are very nice homes.
March 6, 2011 at 12:05 PM #674664Participantocrenter,
I understand your points, but just a few things that you are assuming:
1.) Someone is looking for a good, public school district. Many of the owners up here send their kids to Christian or Catholic schools or home school, and aren’t concerned about “buying into” a good school district. Also, several owners are older and empty nesters and aren’t concerned about this.
2.) People don’t mind paying Mello Roos. Most if not all of the homes in 4S Ranch charge some type of Mello Roos in addition to their mortgage. There is no Mello Roos in Sky Ranch.
3.) People don’t want to live in Santee or East County. On the contrary, many people have family out here or have jobs out here, which makes living in Sky Ranch very convienent.
Overall, I’m just saying that not everyone is looking to live in 4S Ranch. There is demand for new housing in East County / Santee. It may not be the large demand that you see in RB or CV, but it does exist.
Why else would NorthStar condos be almost sold out (3 or 4 condos left out of approx. 200) Why else would EaglePointe be almost sold out, with the last phase release this month, and they already have high demand for the last phase. Why else would Crestview homes be selling very well?
Not everyone is sold on living in 4S too, because those homes were all built during the boom, when people were taking part in lotteries just to get a house. Now, the 4S area is very concerned about foreclosesures and competing with those home sales and decreased values. Why else does it have the nickname, 4Closure Ranch??
Sky Ranch is newer, 2008-2009, and was already severly discounted to match the current market. Once these homes sell out, it will be tough for many to buy up here, for those people who demand a nice home in Santee.
Sure, the $400-$500k range is key for most of Santee. Many nice but old homes sell in this range in other areas of Santee, but for living on Rattlesnake Mountain in a new community, you will pay a premium over that, putting you in the $500-$600k range.
And to your point about there not being many 4,000 sq. ft. homes in Santee is EXACTLY my point, supply and demand, ECON 101! Sky Ranch offers this to those who want it, and the mountain is significantly seperated that it can exist amoung the middle to lower end housing throughout the area.
PS – Have you seen the new EaglePointe homes going for around $650 and the large home sites with great views? These are very nice homes.
March 6, 2011 at 12:05 PM #675011Participantocrenter,
I understand your points, but just a few things that you are assuming:
1.) Someone is looking for a good, public school district. Many of the owners up here send their kids to Christian or Catholic schools or home school, and aren’t concerned about “buying into” a good school district. Also, several owners are older and empty nesters and aren’t concerned about this.
2.) People don’t mind paying Mello Roos. Most if not all of the homes in 4S Ranch charge some type of Mello Roos in addition to their mortgage. There is no Mello Roos in Sky Ranch.
3.) People don’t want to live in Santee or East County. On the contrary, many people have family out here or have jobs out here, which makes living in Sky Ranch very convienent.
Overall, I’m just saying that not everyone is looking to live in 4S Ranch. There is demand for new housing in East County / Santee. It may not be the large demand that you see in RB or CV, but it does exist.
Why else would NorthStar condos be almost sold out (3 or 4 condos left out of approx. 200) Why else would EaglePointe be almost sold out, with the last phase release this month, and they already have high demand for the last phase. Why else would Crestview homes be selling very well?
Not everyone is sold on living in 4S too, because those homes were all built during the boom, when people were taking part in lotteries just to get a house. Now, the 4S area is very concerned about foreclosesures and competing with those home sales and decreased values. Why else does it have the nickname, 4Closure Ranch??
Sky Ranch is newer, 2008-2009, and was already severly discounted to match the current market. Once these homes sell out, it will be tough for many to buy up here, for those people who demand a nice home in Santee.
Sure, the $400-$500k range is key for most of Santee. Many nice but old homes sell in this range in other areas of Santee, but for living on Rattlesnake Mountain in a new community, you will pay a premium over that, putting you in the $500-$600k range.
And to your point about there not being many 4,000 sq. ft. homes in Santee is EXACTLY my point, supply and demand, ECON 101! Sky Ranch offers this to those who want it, and the mountain is significantly seperated that it can exist amoung the middle to lower end housing throughout the area.
PS – Have you seen the new EaglePointe homes going for around $650 and the large home sites with great views? These are very nice homes.
March 25, 2011 at 10:32 PM #681009Participant52 Extension opens on Tuesday, March 29!
http://santee.patch.com/articles/caltrans-delays-planned-march-26-sr-52-expansion-opening
Maybe some piggs will take the drive…
10 minutes to the beach, here we come… 4×4’s, picnic baskets and all, let the floodgates open to East County! 🙂
I would take this 52 commute to Sorrento Valley over a San Marcos communte, ANY DAY!!
On another note…
Only 2 NorthStar condos left, then they are SOLD OUT! They should be sold out by summer!
They have 2 Eaglepoint homes left in the 2nd to last phase, both 2 story homes, and they have started building the last phase. 4 of the 6 homes in the last phase are 1 story homes. These one story homes are selling like hot cakes.
They are also selling the Eaglepointe, 1 story model home.
Eaglepointe will be SOLD OUT by summer too!
Just sayin…
People are buyin…
In Santee…
March 25, 2011 at 10:32 PM #681063Participant52 Extension opens on Tuesday, March 29!
http://santee.patch.com/articles/caltrans-delays-planned-march-26-sr-52-expansion-opening
Maybe some piggs will take the drive…
10 minutes to the beach, here we come… 4×4’s, picnic baskets and all, let the floodgates open to East County! 🙂
I would take this 52 commute to Sorrento Valley over a San Marcos communte, ANY DAY!!
On another note…
Only 2 NorthStar condos left, then they are SOLD OUT! They should be sold out by summer!
They have 2 Eaglepoint homes left in the 2nd to last phase, both 2 story homes, and they have started building the last phase. 4 of the 6 homes in the last phase are 1 story homes. These one story homes are selling like hot cakes.
They are also selling the Eaglepointe, 1 story model home.
Eaglepointe will be SOLD OUT by summer too!
Just sayin…
People are buyin…
In Santee…
March 25, 2011 at 10:32 PM #681678Participant52 Extension opens on Tuesday, March 29!
http://santee.patch.com/articles/caltrans-delays-planned-march-26-sr-52-expansion-opening
Maybe some piggs will take the drive…
10 minutes to the beach, here we come… 4×4’s, picnic baskets and all, let the floodgates open to East County! 🙂
I would take this 52 commute to Sorrento Valley over a San Marcos communte, ANY DAY!!
On another note…
Only 2 NorthStar condos left, then they are SOLD OUT! They should be sold out by summer!
They have 2 Eaglepoint homes left in the 2nd to last phase, both 2 story homes, and they have started building the last phase. 4 of the 6 homes in the last phase are 1 story homes. These one story homes are selling like hot cakes.
They are also selling the Eaglepointe, 1 story model home.
Eaglepointe will be SOLD OUT by summer too!
Just sayin…
People are buyin…
In Santee…
March 25, 2011 at 10:32 PM #681816Participant52 Extension opens on Tuesday, March 29!
http://santee.patch.com/articles/caltrans-delays-planned-march-26-sr-52-expansion-opening
Maybe some piggs will take the drive…
10 minutes to the beach, here we come… 4×4’s, picnic baskets and all, let the floodgates open to East County! 🙂
I would take this 52 commute to Sorrento Valley over a San Marcos communte, ANY DAY!!
On another note…
Only 2 NorthStar condos left, then they are SOLD OUT! They should be sold out by summer!
They have 2 Eaglepoint homes left in the 2nd to last phase, both 2 story homes, and they have started building the last phase. 4 of the 6 homes in the last phase are 1 story homes. These one story homes are selling like hot cakes.
They are also selling the Eaglepointe, 1 story model home.
Eaglepointe will be SOLD OUT by summer too!
Just sayin…
People are buyin…
In Santee…
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