[4Sbuyer2002]

gn . . . “standing buy”,

Bought for 506k w 20% down on 10/1 ARM at rate of 4.5% in 2002. Have home with 3 small kids attending new schools in Poway school district playing little league baseball/soccer on new fields at incredible new athletic park. Eligible for full retirement in 2015, 3 years after ARM adjusts in 2012 . . . . “standing buy” and not going anywhere.

Newland grades and prepares groups of lots which it then sells to developers. All the common areas in 4S are also done by Newland and upon completion and acceptance turned over to 4S Master Association to run.

grateful owner . . . .

[4Sbuyer2002]

What is percieved as boring or unoriginal floor plans is sometimes dictated not by a lack of creativity but a lack of space. When you have to squeeze a 3000 sq/ft SFH onto a square shaped 5000 to 6000 sq/ft lot you pretty much have to have a square two story box or it won’t fit. The trend to build as much square footage on increasingly smaller lots makes the plans seem unimaginative. I’m sure if you had 1/3 to 1/2 acre you could be much more creative.

No complaints so far about Fieldstone. No cracks etc. I do know that a few specific small areas of the South side of 4S Ranch had problems with earth settling which resulted in cracks and worse. Various builders homes were affected. These problems were no so much poor quality by the builder but poor site preparation by Newland, the Master Developer of all of 4S Ranch. Of the thousands of homes on the South side I think no more than 20-30 had settling issues.

grateful owner . . . .

[4Sbuyer2002]

$200k drop from $707K??? If a 3000 sq/ft SFH in 4S Ranch can ever again be bought for 500K I will be the first in line to buy another. Barring a nuclear strike on San Diego, a massive earthquake, a melt down at San Onofre, or a meteor strike on Del Mar it won’t happen.

grateful owner . . . .

[4Sbuyer2002]

Historical 4S pricing for Fieldstone

FYI for those that want a more distant historical perspective,

Prior to Silver Crest and Pienza, Fieldstone built Cambridge in 4S Ranch. Cambridge has very similar plans by same builder except the lots are quit a bit bigger. I thought I would never say such a thing because the lots in Cambridge seem very small. However, compared to what they are squeezing Silver Crest and Pienza homes into the lots at Cambridge seem spacious.

Here are the Fieldstone 4S prices for Phase 4 and 5 of Cambridge.

Phase 4 release on June 28, 2003

Plan 2814 – $559,990
Plan 3157 – $592,990
Plan 3392 – $615,990

Phase 5 release on August 9, 2003

Plan 2814 – $594,990
Plan 3157 – $616,990
Plan 3392 – $634,990

grateful owner . . . .

[Author]

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