$2,500,000 - 405 Calle Alicia, San Clemente

Rising Interest Rates has become a problem for those looking to get a mortgage when buying a home in today's real estate market.  These higher rates were intended to slow down pries and inflation but the actual opposite as happened.  Due to low inventory, we have what they call shelter inflation which is reaction to the Federal government raising interest rates.  It's basically explained as the higher the interest rates go, less and less people who currently have a 3 or 4 percent mortgages on their home would not want to put their home on the market and buy another property at interest rates in the 6 to 7 percent range due to the higher costs involved.  So the higher interest rates have created a very limited number of homes coming on…

The San Clemente real estate market has still seen monumental sales even with the shifting real estate market this year.  The majority of the highest sales took place earlier this year in March and April was well as the summer months June through August, all of them located in the desirable Southwest San Clemente area.  Often times, the highest sales are dealing with cash buyers who are not effected by the higher interest mortgage rates that we have seen this year.  For the most part many properties in the San Clemente area did see a slow down with some price reductions necessary in order to get a home sold while other well positioned properties still saw multiple offers.  Even with the shifting market the number of homes on the…

The San Clemente real estate market has seen a huge increase in listing prices in the last several years with some amazing homes getting top dollar for them.  One of our most requested items when people are looking for homes here is having a nice ocean view.  San Clemente is unique when it comes to ocean view properties as the 5 freeway basically splits the town into two halves.  The homes that are located on the ocean side of the freeway are very desirable since you easily walk to the beach but often times will have limited ocean views unless you are very close to the beach.  Properties on the east side of the freeway are located in the hills of San Clemente and can have amazing panoramic ocean views.  The only drawback with a…

One year after the global pandemic has shown has resilient the real estate market can be in Southern California.  I think a lot of people were really surprised how strong the market was in 2021 during the summer and fall months and really couldn't imagine it becoming any stronger than it did.  In fact, 2021 was one of best real estate markets we have had in the last 20 years with many properties selling in just a matter of days of being on the market with multiple offers on a lot of homes.  San Clemente was no exception as we saw the most expensive home ever sold in San Clemente history for over $33 million dollars.  Here is a quick rundown of the most expensive homes sold the year up to this point.  4130 Calle Isabella was the…

San Clemente is an older beach town down that dates back to the 1920's when the homes were first built here.   Since many of the neighborhoods in San Clemente have been around for a long time you won't typically find any Mello Roos in these neighborhoods.  Mello Roos is a bond that is associated with brand new communities as a way of passing on the costs to the homeowners associated with building a new neighborhood.  Builders are always looking for ways to minimize the costs when building homes and creating a Mello Roos bond which typically goes for 25 to 30 years and is smart way for them to avoid the costs associated with building streets, sidewalks, etc in a new community.  Most buyers don't like this added extra cost when buying a…

The year 2020 will remembered for a variety of reasons and was surprisingly a good year for real estate in San Clemente, California. The market was good for the first couple of months at the beginning of the year and slowed down dramatically due to the nationwide shut down that occurred in March and April.  Of course, that didn't last long as COVID19 caused many home buyers the urgent need to find another home that was more suited for staying at home.  We experienced a lot of buyers coming from the big cities looking to own a home with more land and more interior space.  Low mortgage interest rates also helped increase the buying power and we started to see multiple offers on many properties in the summer and fall months.  There were…

San Clemente offers a wide variety of neighborhoods to choose from the downtown San Clemente area that was originally built staring in the 1920's to newer areas like Talega that started constructions approximately 20 years ago and has spanned over 40 different communities.  The one thing that all of these homes have in common is offering homes that are located on cul-de-sac streets.  When looking for a home most buyers have a bucket list of items that they want to have in their new home.  Location is typically at the top of the list when a client wants to live in a certain neighborhood or an area that is approximately that is a certain distance to the beach.  Many times buyers will also want to have a private location which a…

The San Clemente Real Estate market in the last three to four months has been really crazy as buyers are bidding against each other when new listings that are priced well come on the market.  Many thought COVID would bring the real estate market down but it has actually had a reverse effect and the market has never been stronger.  One of the biggest issues is limited inventory which has been a problem for the last two to three years in San Clemente and has become even more limited due to COVID.  What many buyers are doing is looking for homes that are not on the market yet but will be coming on the market soon.  These listings that were once only limited to real estate agents are now available to the general public. One of the…

San Clemente has many different neighborhoods that can offer private backyards if you know where to look.  It seems like the latest trend in real estate is to build new homes close to each other which sometimes seems to come in the lieu of offering privacy between properties.  For the most part it's always best to look in older and more established neighborhoods as these were often built on larger lots.  This is especially true for some sections of the Forster Ranch and neighborhoods by the beach in San Clemente. The first place we recommend looking is the Forster Ranch of San Clemente.  While this area isn't the oldest community in San Clemente, homes in this area are well known for having large over-sized lots.  This is…

San Clemente has a large number of properties on the market for sale right now that are being marketed as fully furnished.  This is becoming a big trend in selling a home  How exactly does it work?  For starters, there are various degrees in which an owner can decide to sell a home.  We see some sellers offering select pieces of furniture to be included in the sale while others will offer completely everything including kitchen plates and silverware.  One of the first things you should do it make a quick estimate on how much the furniture would cost if you were to buy it.   It's important to also factor in the selling price of the home as well.  If the home is priced correctly and listed at a price point of where…

There is one thing that is true about real estate no matter where you decide to buy and that is always about location.  You can always change the interior of the home but you can never change the actual location of the land that the property sits on.  This is also true for homes located on a corner lot as these types of properties are considered prime real estate here in San Clemente.  One of the main reasons why homes on corner lots are so desirable is having only one neighbor to the side of you.  If you like having extra privacy then this is type of property that will give you the extra space that you are looking for. There are also other factors as well.  Homes on corners lots tend to be typically larger than other…

One of the benefits of living in the Southern California is the sunny weather we get to enjoy pretty much all year around, except for the June gloom that that occurs every year.  Many residents have used this benefit to aide in going green and using solar panels as an alternative to electricity.  The technology in this field has drastically changed over the years and as a result has become more affordable.  Many homes in San Clemente are installing solar panels on their roofs which has become a huge selling point when it comes time to sell.  Markeing a home with solar panels really does appeal to those who want to live a more green focused living and for those who are also cost conciecous who want to save money. There are…

When I first got into real estate over 20 years ago I always heard the word "turnkey" and had no idea what people were talking about.  It seems like its a favorite word among real estate agents for describing a home that is in excellent condition.  it wasn't later that it was explained to me that it literally meant turn the key in the door and leave without any concern about something falling apart or not working correctly.  Once I got this explanation it started to make sense but I still feel like it's a word that is over used by the real estate community. Nevertheless, it's a short way to describe a home that needs little to no work done on the home.  Basically, bring your touthbrush and move right in.  This is especially…

San Clemente is a small beach town filled with many great neighborhoods and homes.  For the most part real estate tends to be less expensive the neighboring cities to the north like Dana Point & Laguna Beach.  In years past we have seen some pretty big sales that have sold for over $7.5 million dollars with home located in upscale ocean front communities like Cotton Point Estates, the former neighborhood of the Western Nixon White House.  In 2018, real estate sales have gone up to $4.1 million dollars as the highest sale this year here in San Clemente.  The sale occurred 4008 Calle Marlena which closed escrow on 08/19/2018 and located in the guard gated Cyprus Shore community in the Southwest San Clemente.   The home was…

It's hard to beat living in a private gated community by the beach in Southern California.  That's the story of the ultra-exlcusive Cyprus Shore ocean front community that offers a prime location that's within walking distance to world famous Trestle surf break.  Of course, not everyone can afford an ocean front estate home that currently starts at just under $16 million dollars.  For those buyers looking for a good deal with homes still offering a view of the Pacific Ocean are in luck as real estate prices are much lower.  Here is a quick guide on where to look at how much ocean view homes will cost in the Cyprus Shore community. First, the neighborhood is very small with homes located on the ocean front street of Calle Ariana…

Real Estate agents have a special day when they get to preview brand new listings that come on the market in the San Clemente real estate market place.  This is called "broker preview" since real estate agents and brokers have the ability to view a large number of listings in a short four period.  Often times, agents will spend just a couple minutes looking at a property and then drive on to the next property.  This allows them to be able to see a large number of properties so they are better able to identify properties that may work for their clients. The dates for properties located in San Clemente, Dana Point and San Juan Capistrano is every Wednesday from 9:30am to 1:30pm. Buyers are also welcome to attend these open houses and…

This year was a busy year for real estate sales in San Clemente with over 932 homes sold in this small beach town.  As we look back as what has transpired over the year we always like to see what were the top 3 sales that occurred.  Here is a quick recap of these real estate sales.  First, the highest sale occurred in the most expensive neighborhood in San Clemente known as Cotton Point Estates.  4075 Calle Isabella, San Clemente sold for $7,588,000 and closed escrow on 10/12/2016.  The large estate home was in the same neighborhood as the Nixon White house and was first listed at $9,050,000.  It was then lowered to $7,988,000 after being on the market for less than two months.  A little after 45 days after that the…

San Clemente is a small beach town with a wide range of real estate prices.  Single family homes now start just under $600,000 for a single family home located on the north side of town.  The luxury real estate market typically comprises of homes priced between $3 to $10 million dollars and can be found in some of the best neighborhoods like Sea Pointe Estates, Cyprus Cove and Cyprus Cove.  San Clemente also has a small niche ultra luxury market for homes priced over the $10 million dollar price point.  These homes are almost always located in the ultra-exclusive Cotton Point neighborhood where the former Nixon White House is located.  These are large scale homes that were originally vacant lots not too long ago and were part of…

The most expensive San Clemente homes that sold in 2015 are featured here.  The three top sales all occurred within the Cyprus Shore neighborhood which is home to four different communities that share the same gated entrance and offers a wonderful private beach.  The most expensive home which is the former Nixon White House is still on the market for $75,000,000 it to be the highest sale for 2016. 4080 Calle Isabella, San Clemente sold for $7,750,000 on 04/05/2015.  This wonderful six bedroom home, 8,600 home was situated next to the former Nixon White House estate.  It was newly built in 1993 and located on nearly an acre of land in the exclusive Cotton Point Estates neighborhood.  The home featured two levels of ocean view living with a detached…

The Southwest San Clemente area is well known for being a quality neighborhood with beautiful custom homes located within walking distance to the beach.  Some of the best ocean front homes can also be found in this community and are located on the steep cliffs that overlook the Pacific Ocean.   There are several places to look in SW San Clemente area and here is your guide to find them. Look for the street named "Calle De Los Alamos" which is located on the bluff front.  This is not a big street in the Southwest area but has beautiful ocean front streets that often overlook the San Clemente Pier and Pacific Ocean.  Many investors and developers in recent years have bought homes on this street that are located on large lots and subdivided the land…