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Carlsbad Real Estate - Updates on the New Construction Condos at The Bluffs in Carlsbad by the Lagoon

By Jeff Dowler, CRS

Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

February 10, 2009 02:22 PM

The Bluffs are one of the very few new condo developments in Carlsbad in recent years. (there are more in the works, though - Bluwater Crossing Live-Work Lofts for one). While there have been several new communities of detached homes (La Costa Ridge, La Costa Greens, Bressi Ranch), given the sizes of these homes the price points are far beyond many buyers ($800,000 and up).

The Bluffs are fully built out now and a limited number of townhomes remain. But the great news is the pricing, and the willingness of the builder to consider offers, as opposed to set list prices as you usually see in new developments. Condo fees are very reasonable by Carlsbad standards ($195/month) and there is a swimming pool, spa, and club house. Unlike many new developments, there are NO Mello Roo fees.

READ MORE (the original post on this new complex in 2007):

New Construction Homes at The Bluffs at the Lagoon on Carlsbad

New construction condos at The Bluffs in Carlsbad Best of all a number of units have lagoon views and some even offer some views of the ocean. The freeway is near so there may be some noise with some units depending on location and orientation, but you are very close to some of the nicest beaches in Carlsbad as well as Carlsbad Village.

There are some Plan 2, Plan 3 and Plan 5 units still available, as well as a select few with direct lagoon views (Plan 1). Pricing, to my mind in this market is very favorable and less than when first released: Plan 2 units from $599,900 (1738 SF + storage/bonus room), Plan 3 units from $509,900 (1842 SF), Plan 1 units (lagoon views, 2800 SF, from $839,000), and Plan 5 units *2115 SF from $579,900).

I just visited the Plan 2 and 3 unites with some clients yesterday and was again impressed with what you get for the money. If you want more information or would like to take a visit, feel free to let me know. With today's financing, if you are seeking a new Carlsbad condo, this could be it.

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If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

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William Johnson

Retired - La Jolla, CA

Retired

Hi Jeff, Thanks for sharing this good information on some great purchasing opportunities. I like that you do these posts as they provide some marvelous information.

Feb 10, 2009 03:14 PM

Lisa Hill

Florida Property Experts - Daytona Beach, FL

Daytona Beach Real Estate

That first photo is awesome! Those look like some very desirable homes. Are they officially "townhomes" or "condos" or something else?

Feb 10, 2009 03:43 PM

Jeff Dowler, CRS

eXp Realty of California, Inc. - Carlsbad, CA

The Southern California Relocation Dude

Lisa - they ARE very attractive inside. They are condos in a tonwhouse style - main living level, upstairs bedrooms and a lower level with bonus room (or iffce), laundry and access to the 2-car garage.

Thanks, William - I think there are some good opportunities for some buyers. There are always trade-offs...some noise but close to the beaches.

Jeff

Feb 10, 2009 04:11 PM

Bill Gassett

RE/MAX Executive Realty - Hopkinton, MA

Metrowest Massachusetts Real Estate

Jeff The Bluffs sound like a great area if you are looking for condo living in Carlsbad. The exterior look is very attractive.

Feb 11, 2009 12:44 AM

Bill - it is a very attractive community and close to shopping, dining and of course the beaches. The freeway is near so there is some noise depending on where you are located in the community. You can walk down the hill to the lagoon and a range of water activities including boating and kayaking.

Feb 11, 2009 12:55 AM

Linda Scanlan

A Consumer's View - Burleson, TX

Jeff, I don't mean to appear ignorant, but what are Mello Roo fees??

Those are very pretty condos!

Feb 11, 2009 01:18 PM

Linda - that is not ignorant at all, since they are specific to California. MR fees are a form of property tax. When a new complex is built the builder may take out a bond from the city to pay for the cost of improvements sich as sidewalks, roads, sewers, etc. The bond, usually 20-25 years, must be paid back to the town. The Mello Roos fees (names after the two individuals in CA goverment that got the bill passed) are charged to each homo owner in some proportionate way until paid off. They are not negotiable and they may or may not be tax deductible (of course a CPA should always be consulted). I had no clue either when I moved out here. In the past, before the bill authorizing the creation of these fees was passed, builders simply passed on the costs of these improvements in the listing price.

Feb 11, 2009 03:04 PM

Carlsbad Real Estate - Updates on the New Construction Condos at The Bluffs in Carlsbad by the Lagoon

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