RealEstate Saturday, April 21, 2018
SpringsHouses.com • Marketplace Inside
SPOTLIGHT:
Are master-planned communities a development of the past? BY PHILIP MOLNAR, TRIBUNE NEWS SERVICE
Sales increased faster in Otay Ranch last year than almost any other masterplan community in the nation, said a recently released annual report. The massive residential development, the largest in San Diego County, is close to the U.S.-Mexico border and has seemingly emerged as one of the
top spots for new homes in the region after years of delays and substantial price decreases during the recession. Master-planned communities are a relic of San Diego County’s past when a surplus of land stretched population areas east, north and south. Otay Ranch is likely the last truly large
master-plan community, making it a focus for new home building. Otay Ranch reached the No. 14 spot in the John Burns Real Estate Consulting report, which ranks the top 50 communities in terms of total sales. In 2017, 563 homes sold in the development, up from 159 the year
before — representing a 254 percent increase. The only other community to see a faster sales increase in the Top 50 report was Wallis Ranch, a community about an hour outside of San Francisco, which sold 55 homes in 2016 and then 279 in 2017.
Other Southern California communities making the list, include Irvine Ranch in Orange County (No. 2 with 1,814 sales, down 9 percent from 2016), The Great Park Neighborhoods also in Orange County (No. 9 with 830 sales, up 55 percent) and Ontario Ranch in San Bernardino County (No. CONTINUED ON PAGE 2
FEATURED HOME OF THE WEEK
FEATURED HOME OF THE WEEK
MOVE-IN READY WITH DESIGNER UPGRADES
GORGEOUS HOME WITH MOUNTAIN & LAKE VIEWS IN D12
7467 Cat Tail Creek Drive | $365,878
Neighborhood: Quail Brush Creek Directions: From Powers Boulevard, go East on Woodmen Road; turn right onto Black Forest Road; turn left onto Templeton Gap Road; turn right onto Quail Brush Creek Drive; turn right onto Thorn Brush Way; turn left onto Cat Tail Drive; follow to home. Contact: Fred Heedt, Community Sales Manager, 719-344-5758 quailbrush@campbellhomes.com
3305 Clubview Terrace | $599,000
• 2,352 square feet • 4 Bedrooms • 3.5 Baths • 2 car Garage • Hardwood floors on main level • Gas fireplace and vaulted ceiling in Great Room • Stainless steel appliances and granite countertops in Kitchen • Upper level Master Bedroom Suite with vaulted ceilings • Master Bath has double vanity, tile floor, shower and oval tub.
Open House: Sunday, April 22, 1 – 3 p.m. Directions: From Highway 115, turn west onto Cheyenne Mtn. Blvd., left onto Broadmoor Valley Road, left onto Clubhouse Dr., and left onto Clubview Terrace. Home is at the end of the cul-de-sac AGENT / COMPANY: BIANCA TAYLOR, 719-229-6488 ERA SHIELDS
New Model Homes Now Open! Hello, Sanctuary Pointe.
An inspired new master-planned community where the western edge of Black Forest meets the cutting edge of civilized country living.
SanctuaryPointeColorado.com
Baptist Rd.
Rollercoaster Rd.
Sanctuary Rim Dr.
Located along the western edge of the Black Forest just off Baptist Rd. and Sanctuary Rim Dr.
Stunning custom designed one owner home at the end of a quiet cul de sac overlooking the Country Club of Colorado’s lake with expansive Cheyenne Mountain views. As you enter this contemporary home you are struck by the natural light and floor to ceiling glass windows in the sunroom off the dining room with views of the lake and Cheyenne Mountain. Main level master suite with walk out to private deck and hot tub. Built in dressers in the large master bathroom; skylights add to “outside brought indoors” feeling. 4 bedrooms, 3 bathrooms, 2 car garage; 3500 square feet.