Orange County Real Estate 
This Week in Coto de Caza - Real Estate Reality
Sunday, September 12th, 2010 at 5:18pm. 2203 Views, 1 Comments.
Only 4 REO Homes for Sale in Coto Today - All Priced Between $1 and $2 Million
This week the focus is on the four REO listings on the market in Coto today. This is the first time we've had this many REO listings in the $1 to $2 Million price range. If you've been following my monthly Coto Market Updates, you know about the three markets in Coto these days - under $1 Million, $1 - $2 Million, and everything over $2 Million. All four of these Bank Owned homes are in the $1 - $2 Million range. Check it out - these are incredible opportunities. All with something different to offer!
Southern Hills Encore - Golf Course Views
This video does a pretty good job of giving you the 411 on this 4 bedroom 5 bath 4300 sq ft home on the 12 hole of the Coto's…
Coto North Course Hole Number 3
Thursday, September 9th, 2010 at 8:15pm. 2086 Views, 0 Comments.
Coto's Hole #3 on the North Course, a long Par 4 dogleg right.
From the Tee
You'll face a strategic choice on the tee - short and safe with a long second shot, or an aggressive drive with risk/reward. In addition, although it may be easy to hit the fairway, a mediocre shot will leave a very difficult second. The fairway is very wide, with the ever-present creek and oak trees on the left, and the farther left you go the longer you second shot will be. From the Blue tees, the fairway ends about 230 yards away as the creek bends in, so the ideal safe shot is a fairway wood or rescue club to the corner on the right edge of the fairway (near the lurking bunker), leaving about 150 yards up the hill to the green.
The long hitter has the choice…
Coto de Caza Real Estate - August 2010 Market Update
Tuesday, September 7th, 2010 at 5:10pm. 2181 Views, 2 Comments.
Coto de Caza Homes For Sale Remain Consistent
The month of August brought more of the same for home sales in Coto de Caza. There are still the three markets - homes priced under $1 Million, homes priced for sale between $1 Million and $2 Million, and homes offered for sale for more than $2 Million. And the number of homes for sale remains consistent - pretty much evenly spread across each of the three price ranges.
Here's the breakdown for August:
>| Price Range | Active Listings | Total in Escrow | New Escrows in July | Closed in July | Closed DOM |
| Under $1 Million |
44 32% Distressed |
33 82% Distressed |
14 71% Distressed |
19 40% Distressed |
76 |
| $1 - $2 Million |
46 16% Distressed |
16 44% Distressed |
8 13%… |
The Real Houses of Coto de Caza - Rancho Colinas Bank Owned Custom Estate - Complete with Mold
Monday, September 6th, 2010 at 9:56pm. 270 Views, 0 Comments.
Stunning Custom Coto Mansion
Searching for a great deal on a 6000 square foot custom estate in the exclusive Coto de Caza Rancho Colinas neighborhood? Check out this 5 bedroom 6 bath Stone mansion on over 5 acres with Rock Grotto pool, marble entry, maid's quarters, two family rooms, bar, and three fire places. Listed at $1,002,660, this home is one of the lowest priced home per square foot of living space in all of Coto today - listed at $166 per square foot!
You're Asking, "What's Wrong With It?"
Well, there's mold. Apparently toxic mold. So toxic that you have to sign a waiver releasing the owner (the bank, none of who's employees have ever lived there) from any illness or injury caused by exposure to the mold BEFORE you can even step foot on…
Chicago Concert at the Coto de Caza Golf and Racquet Club
Friday, August 20th, 2010 at 5:32pm. 358 Views, 0 Comments.
Coto de Caza 2010 Summer Concert - Featuring Chicago
Following in the tradition of many summers past and many great bands like Hootie and the Blow Fish, Styx, Pat Benatar, The Go Gos, The B-52's, Journey, and the Beach Boys, tonight the Coto de Caza Golf and Racquet Club will welcome Chicago to perform on Center Court. Literally. There's a stage a huge stage set up on the Center Court of the Tennis facility. About 1500 tickets went up for sale back in June during a lottery open to Club members. Some folks hoping to soak in the sounds without paying the price for a ticket, have set up their blankets and beach chairs outside the tennis court on the grassy knoll. Heck - it's an outdoor concert, right? Air it free, right? Well, the Club management…Bank Owned in Mission Viejo - Will Be Listed Soon
Wednesday, August 18th, 2010 at 8:17pm. 285 Views, 0 Comments.
Mission Viejo home buyers - check out this new REO listing before it hits the open market!
Check out this great Mission Viejo home! About 1500 square feet with no common walls, all three bedrooms are upstairs. The master has a walk-in closet while the two additional bedrooms have a Jack and Jill bathroom, and one has a walk-in closet. This home also has a convenient upstairs laundry room.
Get on the early interest list and we'll arrange a private tours before it is listed in the So Cal MLS. If you are interested in Mission Viejo homes for sale and pre-approved for a purchase price in the low $400,000's - call Leslie for more information. 949-678-3373
Coto North Course Hole Number 2
Tuesday, August 17th, 2010 at 7:08pm. 460 Views, 2 Comments.
Number 2 North is a scoring opportunity. At only 323 yards from the Blue and 349 yards from the Gold, distance is no problem. Two relatively simple shots will give you a chance at birdie or an easy par, but as with most holes at Coto, a mistake can lead to real trouble very quickly.
Off the Tee
(click the image to enlarge)
From the Blue Tees, the fairway is just a long iron or fairway wood away. The perfect shot is about 190 yards over the mound to the right of the large tree, straight at the green. Feel like going for the gusto? A driver will put you inside 100 yards – as long as you can hit a 15 yard-wide target.
Right is bunker, steep hillside, and OB. Slicers beware - your ball may end up in the living room of a large custom home…
Coto North Course Hole Number 1
Friday, August 6th, 2010 at 1:07pm. 521 Views, 2 Comments.
Ok, let's just say it: Coto North #1 is tough. Very tough. It's not the hardest hole in the world, or the country, or maybe even in Orange County, but this golf hole is no slouch. A 601 yard par-5, it's rated number 1 in difficulty on the North, so it's one of the two hardest holes on a course that sports a rating of 75.5 and a slope of 147 from the back tees. I'm a mid-handicaper, ranging over the years from about a 10 to a 16 index. For the first year after I joined the club, I never made less than a 7 on this hole, and after 10 years of play I'm still more likely to make a 7 than a 5.
What makes it so hard? Lets start with the view from the tee!
View from the Blue Tees
(click the image to enlarge)
Can You Say "Intimidating"?
You can…
Coto de Caza Real Estate - July 2010 Update
Thursday, August 5th, 2010 at 6:06pm. 253 Views, 1 Comments.
The total number of homes for sale in Coto de Caza in July is pretty much the same as for the previous 5 months.
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Here's a look at the numbers - a little more detail than what's in the video!
| Price Range | Active Listings | Total in Escrow | New Escrows in July | Closed in July | Closed DOM |
| Under $1 Million |
40 30% Distressed |
35 77% Distressed |
20 65% Distressed |
9 56% Distressed |
158 |
| $1 - $2 Million |
41 7% Distressed |
15 60% Distressed |
9 65% Distressed |
7 43% Distressed |
99 |
| Over $2 Million |
39 8% Distressed |
1 0% Distressed |
0 0% Distressed |
2 0% Distressed |
219 |
The biggest changes in the Coto Real Estate Market from June to July are in the percent of distressed homes in the mid to…
Coto de Caza Real Estate - June 2010 Update
Tuesday, July 13th, 2010 at 5:11pm. 273 Views, 1 Comments.
Home sales in Coto de Caza took a twist in June. The home sales in the $1 - $2 Million range surpassed the traditionally more rapidly moving under $1 Million dollar Coto home market. More good news is that there were actually 4 closed sales in the over $2 Million range - after a two monhts of no closings at all in this range!
Here's the way the numbers play out:
|
Price Range |
Active Listings |
Total in Escrow |
New Escrows in June |
Closed in June |
Closed DOM |
| Under $1 Million |
42 35 % distressed |
31 77% distressed |
12 85% Distressed |
10 33% distressed |
128 |
| $1 - $2 Million |
37 8% distressed |
15 67% Distressed |
8 25% Distressed |
15 | 85 |
| Over $2 Million | 36 | 2 | 2 | 4 | 81 |
Of the four closed sales…
