Richard Dreyfuss Sells La Costa Oaks Home at Loss

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by Roberta Murphy

La Costa Oaks home
Richard Dreyfuss

This must be the week for celebrity gossip as it relates to San Diego real estate–especially when it comes to a certain La Costa Oaks home.

Trulia reported today that celebrities are suffering real estate losses just like the rest of us–and I couldn’t help but note the recent departure of Richard Dreyfuss from La Costa Oaks in South Carlsbad.

He had purchased this lovely Warmington home on 3507 Camino Cereza June 30, 2006 for $1,250,000. Located in the Stoneridge neighborhood of La Costa Oaks,  it was already highly upgraded with pool, spa, palapa, outdoor kitchen–and very likely included the furnishings being offered by the seller at that time. The estimate for those upgrades at the time Dreyfuss purchased this La  Costa Oaks home was $300,000.

Two years later on August 1, 2008 Dreyfuss sold the home for $1,025,000. This 3683 square foot beauty had originally been listed at $1,299,000 and was eventually reduced to $1.1 million. Total market time was around 190 days.

Dreyfuss’ loss of at least $125,000 became a gain for the lucky La Costa Oaks buyer who settled into this celebrity home with magnificent views.

Meanwhile, if you want to see current homes for sale in La Costa Oaks, you can see them below–and recent sales underneath those.

3455 Caminito Sierra Unit 303 Carlsbad, CA 92009

$355,000
1 Bed
1 Bath
773 SqFt
Status Active
MLS # 200041997
Property Type Condominium
Price Type --
Back on the market...Highly Desirable La Costa Hills upstairs 1bdr 1ba end unit Condo w/greenbelt tree views & unbeatable ocean breezes. Appx 5 miles to the Ocean, Includes water, sewer & trash, attached 1 car garage w/overhead storage shelving, new paint, blinds, flooring, dbl-paned vinyl windows. Walk to La Costa Town Center, shopping, restaurants, banking, movie theater, Stagecoach Park (summer concerts in the park) Gated, very safe walking neighborhood. 3D Tour: https://my.matterport.com/show/?m=gLMg6r6NToL&mls=1

3463 Caminito Sierra Unit 202 Carlsbad, CA 92009

$435,000
2 Beds
2 Baths
1,022 SqFt
Status Active Under Contract
MLS # SW20198928
Property Type Condominium
Price Type --
DON’T MISS OUT! Here is your chance to own a slice of beautiful Carlsbad Real Estate and have that Ocean breeze you've always wanted. This well kept end unit on the ground floor with PRIVATE GARAGE and assigned parking space is the perfect place to call home or own as a rental. As you walk in the spacious living area welcomes you home. There is a great use of space in this unit, kitchen is roomy but dosen’t command too much of the available space. The living room is spacious for large furniture without giving a cramped feel. The balcony offers a nice view of the greenbelt, it creates a quiet and peaceful environment at any time of day.The community offers a clubhouse, large swimming pool, well designed fitness center. The two bedrooms in this unit are perfect for adults with their own bathrooms and large closets. Don’t let this Low Maintenance home get away!
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4 responses to “Richard Dreyfuss Sells La Costa Oaks Home at Loss

  1. sorry – I've been in the home, and the views are crap and $1.025 is still way too much for the house

  2. Tammy: That is the nature of real estate–in not only La Costa Oaks, but most neighborhoods elsewhere as well. There is plenty of real estate inventory and buyers can be choosier than ever in recent memory. Richard Dreyfuss just bought his La Costa Oaks home too soon!

  3. the buyer was so lucky for having it only for $1 million, for a house that's so pretty its worth the price.!

  4. The buyers is damn lucky i think so.. he bought this home for just $1 million..incredible..Dreyfuss’ loss of at least $125,000 became a gain for the lucky La Costa Oaks..
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