Richard Dreyfuss Sells La Costa Oaks Home at Loss


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.

7657 Sitio Algodon Carlsbad, CA 92009

5 Beds
5 Baths
4,398 SqFt
Status Pending
MLS # NDP2301353
Property Type Single Family Residence
Price Type --
SHOWING FOR BACK UP - Breathtaking LUXURY La Costa Oaks home on a premier, elevated lot with panoramic VIEWS overlooking the rolling hills of La Costa to the OCEAN! Pristine curb appeal greets you as you enter the covered porch and step inside through leaded glass double doors to a dramatic entry with soaring ceilings, an oversized dining & living room with marble flooring and gas fireplace. Entertainers dream with newly added, oversized glass sliders which seamlessly opens to the covered backyard patio with a custom fire bowl for the perfect indoor/outdoor living year around. Remodeled kitchen with gorgeous quartzite counters, mother of pearl backsplash, wine fridge, dual dishwashers, sinks and ovens with shaker & beautiful glass inset cabinetry. The kitchen opens to an eat in dining space and huge family room w/custom built-ins & cozy fire-on-ice fireplace. This open floorpan with over 4300 sq. feet is flooded with natural light and includes a DOWNSTAIRS bedroom with en suite bathroom currently set up as an office with custom built ins. Elegant wood flooring & iron balusters on the stairs and hallway upstairs lead you to 4 bedrooms, one that is oversized with its own full bathroom and two additional bedrooms with their own sink and vanity and a shared shower. The primary suite features an ocean view balcony and Carrara marble fireplace with an exquisite bathroom featuring Cleaf European cabinetry, marble countertops, freestanding tub, coffee center, Carrera marble floors, large walk in closet with built ins and rain shower with handheld, body sprays, bench seat and steam! Enjoy the resort style backyard with solar heated, salt water pool/jacuzzi with custom waterfalls, seating/lounging patios to enjoy sunsets and a built in BBQ island with unique stone countertops and bar seating. Additional features include a 3 car garage with storage, designer lighting throughout, whole house water softener system and an extra downstairs bathroom with shower that opens to the backyard to rinse off after those pool or beach days. La Costa Oaks features a clubhouse, community pools & fitness center and is located in the top rated school districts of Encinitas Unified and San Dieguito and is centrally located to shopping, restaurants, parks and more!

7753 Caminito Encanto Unit 301 Carlsbad, CA 92009

1 Bed
1 Bath
773 SqFt
Status Pending
MLS # 230003450SD
Property Type Condominium
Price Type --
CARLSBAD LIVING! Enjoy the wonderful California lifestyle in this well located top floor 1-bedroom condo in excellent condition with an attached and oversized 1-car garage in the wonderful gated La Costa Hills community. Walk to new shopping, restaurants and Stagecoach Park where you can enjoy free summertime concerts. It's a quick drive to the beach and numerous golf courses. This wonderful condo community includes pool, spa, sauna, tennis, gym & clubhouse and it's a very well maintained complex, building has a newer roof! There's also a private deck off living area, a cozy living room fireplace, ceilings fans, new stainless stove, newer stainless refrigerator, and laundry in unit!
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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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