Ocean Hills Home Sales Top $600,000
Posted by Sam Smith on Thursday, May 30th, 2013 at 2:51pm.
The market is on the upswing in the Ocean Hills community as a recent sale of a 2 bedroom condo that sold for $600,000 after being on the market for 4 days. This is a dramatic change from what we saw last summer when homes prices dipped down in the low $300,000 range. I personally represented the buyer in Ocean Hills home at 724 Calle Casita that sold as a short sale for $315,000 in September of 2012. Since then inventory of homes dropped significantly until the property at 3709 Calle La Quinta came on the market and sold in 4 short days for $1,000 above the $599,000 asking price. The home was a highly upgraded residence that resembled a $2 million dollar home with extensive use of Travertine and Granite in the Kitchen and Baths. The renovation continued throughout the house and even included a highly upgraded 2 car garage interior!
Now, I'm aware of a private sale in the community where a bank owned property recently sold for $350,000. This is an excellent canadite for a flip property as real estate values are on the rise in this community. If you own a home in the Ocean Hills community we encourage you to contact us to learn the retail value of your property. Right now we are seeing a large demand for ocean view homes in the $600,000 range so now may be excellent time to cash in on your equity. The Ocean Hills community is a great place to live with several community pools and a small golf course. The location is directly across the street from the Trader Joe's shopping center and very easy access to the 5 freeway.
Currently, home prices start at $500,000 and go as high as $639,000. Prices will fluctuate depending on the view, size and condition of the home. Below are the current homes for sale in the Ocean Hills ocean view community.
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San Clemente 3506 Calle Verano
Enjoy the ultimate coastal lifestyle with sweeping ocean and Catalina views and stunning golden-hour sunsets in the highly sought after Ocean Hills community of San Clemente! This sun filled corner lot home offers panoramic views from multiple vantage points, creating a true coastal sanctuary. The open-concept living, dining, and kitchen areas flow seamlessly, perfect for entertaining or everyday living, with natural light streaming through plantation-shuttered dual-pane windows and sliders. ...$1,175,000
San Clemente 3518 Calle Verano
Perched along the coastal hillside in Ocean Hills, this beautifully upgraded home captures panoramic ocean and Catalina Island views alongside San Clemente’s signature sunsets. Backing to a peaceful greenbelt and elevated above the coastline, the setting reflects the best of coastal living: open skies, ocean breezes, wide horizons, and effortless indoor-outdoor flow. The living room opens to a wraparound deck where you can take in the coastal scenery and watch the sky shift color as the sun s...$1,159,000