by Roberta Murphy
Encinitas Short Sale that should never have been….
Kudos to the patient buyers of this Encinitas short sale, because they truly got a terrific deal ($890,000). It was group hug time Friday afternoon when we received confirmation that our 10-month short sale ordeal in Encinitas Ranch had successfully recorded and closed.
Welcome relief is also due the out of area young seller, who had been unwittingly pulled into a raunchy real estate transaction by a couple of sleazy mortgage brokers (one of whom was the seller) , a credit “packager” –and escrow, title and appraisal personnel who surely knew better than to facilitate such a sham.
Our first time home buyer-turned-seller from Los Angeles, with excellent FICO score (and no savings), was lured by the promise of buying an “undervalued” $1.2 million home (100 percent financing) in San Diego that he could profitably sell 6 months later–while someone else made the payments. It was to be his stepping stone to riches. Or so he thought.
Instead, it turned into 16-month nightmare:
. The “credit “packager” forged our client’s name and leased the property at under-market rent. He collected rents and deposits for about four months, until we listed the Encinitas home for sale. At that time, the tenants began paying rent to their attorney and barred us from showing the home. Now, we were dealing not only with a short sale, but a listing that could not be shown.
. Because we had priced the property aggressively, because Encinitas Ranch is a very desirable community, and because we marketed the home everywhere possible, we were able to secure 8 offers–ranging from ridiculous to credible. This in spite of the fact that the
tenants and their attorney would not allow anyone in to see the home.
. Foreclosure sale for this Encinitas home had to be stopped three times because the loss mitigation department of this major lender has a major interdepartmental communication problem.
Real estate commissions were slashed by the short sale lender, but that is nothing new. They also refused to pay HOA fees that were in serious arrears, the home warranty for the buyer, utilities in our name, and a list of other necessities required for closing. But sometimes achieving the impossible is almost worth more than monetary compensation.
Monday morning, I will order the sign removed from this Encinitas property, where it has probably set a record for the longest-standing Realtor’s sign in Encinitas Ranch.
The neighbors will breathe a sigh of relief–and so will we.
Listed below are other Encinitas Ranch homes listed for sale, with most recent offering showing first. If you have any questions, call Roberta or Scott Murphy at either 760-942-9100 or 760-613-6190.
1756 Aryana Drive
Encinitas, CA 92024
$2,749,000
5
Beds
4.5
Baths
4,318
SqFt
Status
Pending
MLS #
NDP2300257
Property Type
Single Family Residence
Price Type
--
Luxury, Location, Lifestyle! Yes, You can Have It All ! Captivating Ocean & Sunset Views! Seldom Available Location ( w/Ocean Views & Coveted Privacy) in 'Crestview', a Gated Enclave of 15 Luxury Homes High on the Coastal Bluffs in North Encinitas! Feels Like You are on the 'Top of the World' ! (FYI...No Mello Roos Taxes! ). 5BR/4.5BA Craftsman Style Home on .44 Acre Corner Lot. Backyard w/ Private Paradise...Heated POOL & SPA w/Waterfall!. Low Maintenance Landscaping! Outdoor Area for Entertaining too! Move-In Condition! The House has a Whole House Waterboy Water Filtration & Conditioning System, Central AC Upstairs. Lots of Custom Built-in Cabinets Throughout the House! Enter the House Through Double Front Doors into a Spacious Entry Hall! Stunning Cabreuva Hardwood & Travertine Flooring Gives the House a Luxurious Look! Downstairs is a Formal Living Room w/Fireplace & Dining Room. Views of Patio and Pool & Spa from Family Room and Kitchen! Family Room w/Lots of Custom Built-in Cabinets & a Contemporary Raised Hearth Fireplace. Adjacent to the Family Room is the Gourmet Kitchen. Kitchen has Granite Counters & High End Appliances: Built-in Miele Range/Cooktop (which was Installed in 2020), Miele Dishwasher, Built-in Double Ovens & Refrigerator. Spacious Breakfast Nook for Informal Dining! Downstairs Guest Suite has Access to Private Exterior Entrance. Upstairs is a Large Bonus Room (Family Room/Music Room), Four Additional Bedrooms and a Laundry Room.. The Master Bedroom Suite has a Private Balcony w/Ocean Views and Cool Breezes! The Second Bedroom has an Attached Bathroom & Walk-in Closet. Between the 2nd and 3rd Bedrooms is a Balcony w/ Expansive Ocean Views!. The 3rd and 4th Bedrooms Share a Jack & Jill Bathroom. (The 4th Bedroom is Currently Being Used as an Office.) 'Crestview' is Just a Short Drive to the Beach, I-5 for Commuting, Shopping, Restaurants and the Encinitas Ranch Golf Course! Direct Access to Miles of Wonderful Walking Trails! A Great Place to Live for the Best of Your Life! (No Mello Roos Taxes in 'Crestview'!)
27737 Heritage Ln
Valley Center, CA 92082
$865,000
4
Beds
4
Baths
2,731
SqFt
Status
Active
MLS #
230001773SD
Property Type
Single Family Residence
Price Type
--
Over $80k in upgrades!!! Recently constructed two-story home with an attached two-car garage with storage located within the highly desirable neighborhood of Park Circle in Valley Center. Built in 2022, this amazing residence features modern finishes including neutral paint and trim, a tank less water heater, water softener, recessed lighting throughout, and durable flooring throughout the main floor. An open floorplan with large windows basks the home in an abundance of natural light. A beautifully appointed kitchen featuring quartz countertops, stainless steel appliances, a walk-in pantry, and rich espresso-hued cabinetry with a large island with breakfast counter seating that opens to the living area. There is a bedroom and full bathroom on the main level. The family room and remaining bedrooms are upstairs including the spacious primary suite boasting a massive walk-in closet with built-ins by California Closets, and its own spa-like en-suite bathroom with dual sinks, a relaxing soaking tub, and a walk-in shower. One of the secondary upstairs bedrooms is also junior suite. Outdoor living extends to a private patio featuring thoughtfully designed hardscape including pavers and low maintenance landscaping, making it perfect for entertaining. Resort style community amenities include a sparkling pool, gym/exercise room, community playgrounds, sport courts, and multiple recreation areas all established within a parklike setting. Just minutes away from shopping, dining, nature preserves, Bates Nut Farm, Lake Wohlford, golf amenities, Highways 76 and 78, and Interstate 15, plus so much more. Don’t let this opportunity pass you by!
27705 Heritage Ln
Valley Center, CA 92082
$799,000
4
Beds
3
Baths
2,496
SqFt
Status
Pending
MLS #
230002466SD
Property Type
Single Family Residence
Price Type
--
COME HOME TO PARADISE! ABSOLUTELY STUNNING 2 YEAR NEW HOME IN THE QUIET NEIGHBORHOOD OF THE PORCHES BY BEAZAR HOMES AT PARK CIRCLE. SIP YOUR MORNING COFFEE OR RELAX AFTER WORK ON THE COZY EXTRA-LARGE PORCH OVERLOOKING THE PARK AND THE BEAUTIFUL MOUNTAIN VIEWS. THE EXPANSIVE DARTMOOR FLOORPLAN BOASTS 4 BEDROOMS AND 3 BATHROOMS, 2,494 SQ.FT. AND A 2 CAR GARAGE. ENTERTAIN IN YOUR LIGHT BRIGHT ULTRA SPACIOUS OPEN CONCEPT DINING, KITCHEN, AND LIVING AREA WHICH OPENS TO A LARGE FENCED PATIO, THE PERFECT PLACE TO RELAX AND BBQ WITH FAMILY AND FRIENDS. ENJOY COOKING IN A GORGEOUS CHEF'S KITCHEN WITH TALL WHITE SHAKER CABINETS, GRANITE COUNTER TOPS, SUBWAY TILE BACKSPLASH, STAINLESS STEEL APPLIANCES AND AN OVERSIZED BREAKFAST BAR FOR 6! THERE IS ALSO A SPACIOUS DOWNSTAIRS BEDROOM, A FULL BATHROOM, AND A LAUNDRY ROOM. THE SECOND LEVEL FEATURES THE MASTER RETREAT WITH ROOM FOR A SITTING AREA, HAS A SPA-LIKE EN-SUITE BATHROOM WITH DUAL VANITIES, A SOAKING TUB, A SEPARATE SHOWER AND HIS AND HERS WALK IN CLOSETS. THERE ARE ALSO 2 SECONDARY BEDROOMS AND A HALL BATHROOM WITH DUAL VANITIES. THE PARK CIRCLE COMMUNITY AMENITIES INCLUDE A CLUBHOUSE, POOL, AND PARK MAKING THIS THE PLACE TO CALL HOME. A TRUE GEM! A MUST SEE!
684 Cypress Hills Dr
Encinitas, CA 92024
$2,695,000
4
Beds
4.5
Baths
3,445
SqFt
Status
Pending
MLS #
230003234SD
Property Type
Single Family Residence
Price Type
--
Welcome to The Lighthouse! This model is one of 16 homes built with an ADU out of 500 homes in Encinitas Ranch. The sought-after Cape Cod architectural style comes with every high-end upgrade, including an attached accessory unit with kitchenette, private entry, ocean views and income potential. Enjoy a private entertainer’s yard, highly desirable floor plan and location, and so much more! Elevated on an extremely private lot, you'll find peace and serenity in your own personal oasis, surrounded by tropical landscaping. Entertain in style in your backyard. Inside, the flexible floor plan features a main-level bedroom suite or office, a work-from-home office area, and luxurious finishes and millwork throughout. Enjoy options for both entertaining and day-to-day relaxation, including a soaring 2-story family room with a fireplace, formal dining room with built-ins, and an open-concept kitchen and living area. The gourmet kitchen features a center island with breakfast bar, walk-in pantry, ample cabinet storage, and coffee garage. Retreat to the luxurious primary suite with a fireplace sitting room, balcony, and spa-quality en-suite bath with separate soaking tub and shower. A two-stall garage and generous laundry room offer additional convenience. All in an amazing location mere minutes from beaches, Encinitas Ranch trails, SD Botanic Gardens, and abundant shopping, dining and recreation. Don't miss this opportunity to live the Cape Cod coastal dream in Encinitas Ranch!
701 Lynwood Dr
Encinitas, CA 92024
$3,595,000
5
Beds
5.5
Baths
5,177
SqFt
Status
Active
MLS #
NDP2301456
Property Type
Single Family Residence
Price Type
--
Encinitas Ranch Stunner! This turn-key estate is unlike any other home you've ever seen in this coastal community. Freshly remodeled kitchen and highly upgraded & customized throughout, this home features beautiful easterly views of the mountains and city lights, solar heated pool, porcelain wide-plank flooring downstairs, oversized lot with privately gated driveway and entirely fenced for true luxury living in ultimate privacy. The downstairs features a full ensuite bedroom/bath, kitchen w/ quartzite countertops and top-of-the-line stainless steel appliances, & intimate private courtyard. Numerous upgrades to fixtures, lighting, high def 5.1 sound system in family room, large backyard w/ pool & built-in BBQ. Luxurious master suite with picturesque views of the mountains, large retreat area & closets plus dual vanities in the bathroom. Large bonus room upstairs along with laundry room and cozy library of the staircase. All finishes are designer quality. See attachment for full list of upgrades!
519 Samuel Court
Encinitas, CA 92024
$4,899,000
5
Beds
5.5
Baths
7,634
SqFt
Status
Active
MLS #
ND23042579
Property Type
Single Family Residence
Price Type
--
Experience a remarkable combination of luxury and coastal living in this charming yet expansive, custom estate! Ocean views encompass nearly every room. Enjoy this dream location, privacy and an abundance of amenities. Equipped with five spacious en suite bedrooms. The secluded primary suite benefits from a cozy fireplace, large spa bathroom and ocean view balcony. The executive office is conveniently located alongside the primary wing. Enjoy countless sunsets and ocean breezes from the amazing rooftop deck, alfresco dining space and other entertaining areas. Completed with an attractive movie theater, large fitness center, library nook and 2-story detached guest house with an adorable kitchen. Tastefully renovated with a sophisticated selection of high-end finishes; newly installed solar and HVAC systems provide excellent energy efficiency. With over 7,000 square feet of custom quality and impeccable design, this modern Mediterranean villa is everything!
