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September 2010

There are 4 blog entries for September 2010.

This Week in Coto de Caza - Real Estate Reality

Sunday, September 12th, 2010 at 5:18pm. 3357 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. 3199 Views, 0 Comments.

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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. 3115 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. 474 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…