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.
San Clemente 3709 Calle La Quinta
Don't miss this beautiful single level detached home located in the scenic Ocean Hills community of San Clemente. The quality renovations include: gourmet kitchen with custom cabinets, granite counters and breakfast bar, stainless steel appliances, custom closet organizers and much more. Attention has been given to every detail. Designer touches throughout including crown moldings, recessed lighting, Venetian plaster walls, and custom doors. A great home for indoor and outdoor entertaining, o...$860,000