Stonebridge below 700k

[briansd1]

The Toll Brothers houses at Stonebridge seem reasonably price, compared to other areas of the state.

http://www.tollbrothers.com/CA

[sdrealtor]

I have always loved Toll Brothers home and have actually met the Toll Brothers. Their offices were across the street from my ex’s neighborhood back in Philly (actually Huntingdon Valley). They build great quality and do it to the same standards where ever they go in the country unlike a builder like Khov which is a luxury homebuilder in CA and the KB Homes of the Northeast.

[sd_resident]

Another stonebridge house closes for $177 per sq ft.
http://www.sdlookup.com/MLS-110060725-12885_Starwood_Ln_San_Diego_CA_92131

This one closed for the same price couple of months ago
http://www.sdlookup.com/MLS-110061487-12884_Starwood_Ln_San_Diego_CA_92131

Considering these recent sales, wondering why asking price of this house is $89k more? It shows better than the ones recently sold, but has much smaller backyard. Even though it’s not as close to Pomerado Rd, is it worth $89k more? Comments?
http://www.sdlookup.com/MLS-120019784-12841_Starwood_Ln_San_Diego_CA_92131

[ltsddd]

[quote=sd_resident]Another stonebridge house closes for $177 per sq ft.
http://www.sdlookup.com/MLS-110060725-12885_Starwood_Ln_San_Diego_CA_92131

This one closed for the same price couple of months ago
http://www.sdlookup.com/MLS-110061487-12884_Starwood_Ln_San_Diego_CA_92131

Considering these recent sales, wondering why asking price of this house is $89k more? It shows better than the ones recently sold, but has much smaller backyard. Even though it’s not as close to Pomerado Rd, is it worth $89k more? Comments?
http://www.sdlookup.com/MLS-120019784-12841_Starwood_Ln_San_Diego_CA_92131%5B/quote%5D

12885 sold for close to $70K below initial ask

12884 sold for close to $60K below initial ask

If I were to put in an offer, I would use those as a reference as to how much my offer would be.

So, may be the picking are slims but what’s available isn’t exactly flying off the shelves or bid up like some wants you to believe. The REO took 2 months to go into pending.

[edit]
$159/sq ft
http://www.redfin.com/CA/San-Diego/15073-Almond-Orchard-Ln-92131/home/12547962

[kkun]

12885 @630k is a very good price IMO. I saw that home- not a great house, but certainly a great value @630k. I was late to bid and could not put my bid (which would have been higher than 630k)before Seller’s agent took the Short sell offer to the bank.

I have a (unsupported) doubt that the Seller’s agent helped the particular buyer. The bank could have got more money. The owner did not care since they were not getting any money anyway.

What about this house:
http://www.sdlookup.com/MLS-120013829-13198_Downing_Ln_San_Diego_CA_92131

This one is nicer than the Starwood Lane houses, but on the Stonebridge Pkwy. I am suprised it’s not pending/ contingent yet. Probably the seller is holding on to the asking price.

There was an REO on the same road (13162 Downing Lane)- soes anyone have any insight on that?

[ocrenter]

[quote=ltsdd]

[edit]
$159/sq ft
http://www.redfin.com/CA/San-Diego/15073-Almond-Orchard-Ln-92131/home/12547962%5B/quote%5D

That is a very good buy. Certainly a class above the Starwood homes.

[SD Realtor]

I think that a little bit of clarification is in order.

First off, the 12885 home sold for 630k. I always find it comical when people say things like “I have (unsupported)doubt that the Sellers agent helped the particular buyer.

Now the buyer did end up paying 3800 towards the sellers closing costs. The home went contingent within a few days after being listed. Translation, you have to move fast. Finally there was a notice of Trustee Sale on 10/24/11 so they had to move quickly.

13198 Downing Lane is already in Pending Status. The agent does a fair amount of Scripps work and the accepted offer is in the 750k range.

13162 Downing is an REO and just went pending but I don’t know for how much.

It will be interesting to see how the current batch will do. There are several pending and a few contingents. I think there are a couple of the contingents that could indeed for markedly lower then list price due to days on market.

We will see.

[flyer]

This is a great thread, and I’m planning to pass it on to friends who are moving here. They have looked at Stonebridge and love the homes, but they don’t want to live East of I-15.

Other than Santaluz, which they are strongly considering, are there any other locations anyone might suggest with larger homes and lots in the
up to $1.5M range? Just want to make sure I haven’t missed anything I might share with them.

[waitingtobuy]

Has anyone considered this as a short coming for stone-bridge estate? The whole community has only one exit road. From the very end where toll brothers are building now till the Pomerado rd intersect, its about 3.5-4 miles and it must be painful during weekdays, early hrs.

Are there plans for building more roads and perhaps connecting to scripps Poway Parkway somehow?

[SD Realtor]

Only access improvement would be to widen Pomerado.

[ltsddd]

[quote=SD Realtor]….Translation, you have to move fast.[/quote]

+1

[ltsddd]

[quote=flyer]This is a great thread, and I’m planning to pass it on to friends who are moving here. They have looked at Stonebridge and love the homes, but they don’t want to live East of I-15.

Other than Santaluz, which they are strongly considering, are there any other locations anyone might suggest with larger homes and lots in the
up to $1.5M range? Just want to make sure I haven’t missed anything I might share with them.[/quote]

Santa Luz, Del Sur and surrounding communities.

4S Ranch (Ivy Gate) and this:
http://www.californiawestcommunities.com/community.php?ID=19&c=mission-ranch—the-estates-in-4s

Santa Fe Valley

Collins Ranch

[ltsddd]

[quote=waitingtobuy]Has anyone considered this as a short coming for stone-bridge estate? The whole community has only one exit road. From the very end where toll brothers are building now till the Pomerado rd intersect, its about 3.5-4 miles and it must be painful during weekdays, early hrs.

Are there plans for building more roads and perhaps connecting to scripps Poway Parkway somehow?[/quote]

I think that (especially a concern after the Witch Fire in 2007) and the lack of nearby schools (within walking distance). Other than those two, I think SB offers the most value for your $$.

[SD Realtor]

Agreed on all those. The thing that keeps pulling me to SB are the lots and yard sizes. Santa Luz is nice as well but a little more high end… price wise…

[sdrealtor]

The Ranch in Carlsbad. 4,000 to 5,000 sq ft homes all on 1/2 acre plus lots. Great schools, low fees, great access to the coast and now under $1.5M. If you want a family friendly neighborhood along the coast with big lots I dont know that you can do any better. FWIW the houses were built between 95 and 99 so some may need updating already.

[Author]

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