[ncsd760]

[quote=profhoff]ncsd760 – have you seen this one that just popped up on Fulvia? $4.6m. 1/2 acre. Still time to customize! No vu. Doesn’t it flood there?

https://www.compass.com/listing/437-fulvia-street-encinitas-ca-92024/735638314903305793/%5B/quote%5D

Yes this area definitely floods and a cynic in me wants to say there may be freeway noise from this spot as well. The home isn’t even that big to be honest, and I’d rather have a simple 1 bedroom ADU and perhaps more yard?

Also – the ADU looks mighty close to the butt end of the main house. I would rather the builder just wait for me to decide how big of a ADU unit (and where) I want it….not my speed. Someone will gush over it.

[ncsd760]

I agree that prices this high really change the character in some of the tracts myself and people who grew up here would consider “family areas”. Those areas are made for young families with kids and I don’t see people like that being able to buy in here as much. Some of the original LCO and LCV families got those as first or second homes (as families) …teachers etc could live in those communities…just unsure what that dynamic is now.

Even looking at areas like Village Park or Rancho Ponderosa where we had “starters” those prices are so high for young families. Where do the younger folks go ?

[ncsd760]

And the tiniest plan there is now coming soon for $1.9 on the no-view side right up against the driveway to the custom homes…odds it hits $2m or above?

Also wonder how much the new LCV original condition timewarp goes for. What’s stopping a fully gutted version of that for going for $1.8?

All wild to think about.

[ncsd760]

sdr I agree with your take and am glad to hear it from a real industry expert since of course, I am biased. Bay Laurel prices have gone up a bit though no sales here since the two in fall and the cheaper of the two was all original and has since been redone.

I would say the lot on Fulvia and then the 2 BIG lots on the corner of Hygeia and Glaucus are maybe the last opportunities to subdivide and build 6+ homes as far as west of 5 funky town is concerned.

I know something is supposed to happen with that old greenhouse just west of the La Costa Ave chevron but I can’t find plans anywhere and have only seen the rendering for the apartments they want to put on Matteson’s Florist.

[ncsd760]

profhoff we actually live in the OTHER newer-off-Vulcan < 3000 square foot tract...though we considered the neighborhood you're speaking of since they were being built at the time and were the comps on our appraisal. There are a few nice lots but the lots felt a bit more cramped than where we ended up (and our lot). I do think that those are fantastic floorplans. RE: the streetscape/roundabout I am personally excited though some neighbors detest it and I expect them to sell when the project is said and done. sdr I would love your thoughts on how that will impact prices and I think this may be an extension of your Encinitas theory where locals are going to leave as it changes from NYC/Bay area transplants or just newer out of area money. Yes that home is along my dog walking and Pannikin-jogging route. Terrible floods and that ADU killed the yard. I would not have considered the ones facing Hymettus since I prefer to not have a house "flagstone" to me. I am losing my mind at Fulvia $3.8 pending and also the ugly one on Paxton pending at $2.8. The one on Paxton at least has a better lot though that floorplan was odd when new and is odder still a decade lader.

[ncsd760]

Profhoff congrats on coming to Leucadia! A single-story is a score. Water’s End is very pretty and I think active families will always want that area because it’s walking distance to surf and Pacific Rim is the best Cbad elementary school.

We are in a similar-to-Water’s End neighborhood off of Vulcan and very happy. A single level is VERY appealing as we have 2 story.

I think the whole pandemic is what has made lesser LC Oaks houses sell for so much. There are just more rooms and enough yards. Recent sales on Corte Brisa and Sitio Corazon/Sitio Caliente have stunned me. I remember when ColRich was sitting on an inventory of those new in 2011-2012 and begging you to take one.

Also considering we are now in the sport of riffing about individual homes (I loved that Olivenhain one) I am watching 348 Fulvia https://www.redfin.com/CA/Encinitas/348-Fulvia-St-92024/home/167449771. I don’t think the lot was the better one of these by any stretch (weird yard and neighbors above you) but it sold for $2.4 something new not 18 months ago.

[ncsd760]

Yes very fun talking about this niche little market and I am glad I finally made an account here after reading these chats for 10 years or so.

I was disappointed with the lot size of some of the due west facing 1 Channel houses as well profhoff. We didn’t get a Plan 2 (bigger ranch plan) or Plan 3 and just ended up biting the bullet and moving fully west of 5 but east of the 101 where it is walkable and close to our favorite eats in funky town but a bit quieter than living west of 101. Our house is sub 3000sf but that is fine for us.

sdr we were original LCO residents so I am embarrassingly familiar w the plans and lots though we didn’t adore living in LCO for many reasons most of which have to do with the fact that we didn’t have elementary age kids when we lived there, we really wanted Encinitas or a more mature/smaller/less sterile La Costa tract, and that we didn’t end up liking our lot or plan though we got a killer deal. Those Centex and Davidson center courtyard plans in the “OG” Oaks are lovely and I also like the Arroyo Vista courtyard plan that has a master down.

I think LCV where you are sdrealtor feels infinitely closer to shopping and dining that I personally frequent and the leasing people screwed the La Costa Town Square shopping center with odd stores and generally meh restaurants. Also disappointed by Arterro homes that of course, we considered remembering the Davidson/Starboard hype in the Oaks. 2015 me was not willing to pay low 1mms to back to the butt end of a Super Vons and hear road noise on minuscule lots especially coming from the Oaks and being indifferent about the area.

We actually considered buying the former model of the Arroyo Vista center courtyard plan when it came up for sale in 2015. It had a blank canvas yard to hardscape and drop in a pool. We backed away because we recalled from our Diegueno and OPE days that all the parents park on that entry Arroyo Vista street to drop off and pick up their kids and we are too OCD to handle someone’s big Suburban parked in front of our house 2x a day 5x a week. I think that house resold recently. Embarrassed to have followed all these communities closely but it’s so interesting to see the area change and a memory trip to recall past purchases/offers/etc.

[ncsd760]

Also proffhoff I know all of those houses! How funny. We considered 1Channel when new at multiple points and were on the Shea interest/priority list. Some terrible lots and some phenomenal ones but isn’t that always the story. We tend to be annoyingly picky so did not get an opportunity for a lot we adored though came close. The new zealand style reminded me of Maravu when I first saw them and that neighborhood is special to me.

I love the floorplan of the unpermitted loggia house (the 3273 sf plan – I think “plan three”). I think they also had some ocean view from the front which I liked. Lot of resales on the lower half of the tract off Saxony since new and much fewer up top on the Quail entrance which is about how the interest list went too in terms of demand.

[ncsd760]

Long time Piggington browser, recentish Leucadian. I’ll bite and say that some of the more pretentious or more conservative-skewing crowd (based anecdotally on convos with friends, their parents who also own in the area, and people I know who have passed on either 1Channel Island or Saxony Condos for explicitly this reason) are unhappy about the houseless persons parking lot on Saxony where people living out of their cars can park on the Leichtag property overnight. Frankly, it would not bother me and I think it’s sort of naive to expect all this land to either be undeveloped forever or only developed for houses well-off people can afford without concessions to the worse-off. Maybe that’s me being a hippie.

We too are now living in a smaller newish (~Y2k) Leucadia area and we indeed love “funky town” though I would say about half our friends would rather have more *house* space in Encinitas Ranch/The Ranch/La Costa Oaks for the +/- highish 1mms or low 2mms. There are people who couldn’t care less about being walking v. driving distance to the beach and majority non-chain restaurants and I couldn’t blame them for not wanting to pay the premium for less house. Even heard an acquaintance get drunk at a get-together a few years ago and confess that they could never do Leucadia because they wanted a strong HOA. We also have no amenities (golf, pool, tennis) so if that is your jam better go east.

Also candidly if we had school-age kids it would be stupid to not want to pick a La Costa Valley, The Ranch, Arroyo Vista, Santa Trails area where they can walk to school K-6 or even K-12 versus having to drive to Capri or Paul Ecke and now even middle school (head hurts trying to remember OakCrest or Diegueno–feel like you flip a coin LOL) since there is no longer a bus.

As always it’s different strokes for different folks. Having done the La Costa area thing when kids were younger it has an undeniable appeal to have the children walking distance to K-12 and at least at the time ECC and OPE (and maybe the one by Sonata) and Diegueno were the best schools hands down. Now that our family is aged up the appeal is much less so but we are very beachy folk and not golfers or horse fans in the slightest.

[ncsd760]

Is anyone surprised at the number of 1 Channel Island and Coral Cove resales compared to say Maravu/Bay Laurel? (I always thought Coral Cove was *somewhat* analogous to Bay Laurel and 1 Channel was *somewhat* analogous to Maravu though I think the Bay Laurel and Maravu lots are much better). I know there are people who bought in Maravu and Bay Laurel circa 2009-2014ish who are sitting on more equity than those who bought new from Shea.

Also raised eyebrows at the Sandalwood (Shea Encinitas) recent listing flood…I think some of those prices are a little ambitious compared to 1 Channel or average-to-Restoration Hardware’d out Lynwood/Cypress Hls houses…though whoever got Hidden Ridge for $1.8ish is probably feeling good.

[Author]

Posts