San Clemente Real Estate Listings

We received a call last night from a client looking in the Colony Cove community in San Clemente.  There budget was around $675,000 which is a good amount of money which easily could have bought a property last year in Colony Cove when looking at the comparble sales from 2020.   They were shocked at the current real estate prices this year which are ranging from $734,000 to $815,000 which is a far cry from sales from last year that ranged from $574,000 to $650,000.  A lot has changed in the real estate market in the last 9 months for a variety of reasons.

First, having low mortgage rates has really been a game changer for the real estate market in Southern California and other places as well.  What that means is that buyers are able to afford more

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 three large sales

We always get excited when new listings come on the market in the San Clemente that offer a unique opportunity to find a home that is not necessarily the same as other homes that are on the market.  A perfect example of this is a new historic home that was built in 1929 and offers a unique position on a hilltop location.  San Clemente has a very limited number of historic homes from the 1920's and 1930's that still exist today.  The large majority of them are located near the downtown area with a few of them located on unique locations like 165 Calle Redondel.  

The home is currently listed at $1,050,00 and has been on the market for 3 days ago and sure to see a lot of activity.  It features a total of 2 bedrooms with an approximate 934 square feet

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 best things you can do

What a difference a couple of months make when looking at San Clemente real estate market.  COVDI19 has really changed the landscape of the marketplace and has actually caused the reverse of what most people think would happen.  We get a lot of calls from buyers thinking they can get a big discount on real estate since they feel the overall economy has taken a hit due to the large number of jobs that were lost.  In fact, the opposite has happened to the real estate market.  The inventory of homes on the market for sale was low before COVID19 and because of the pandemic there are even less sellers wanting to put their home on the market.  Given the high demand of buyers that still want to buy in part to the very low interest rates there is almost a bidding

Condos near the San Clemente Pier area always command a premium in price, especially if they offer any kind of a views.  The Panorama Condominiums located 420 Avenida Monterey offer all of this with a location that is just a matter if minutes to the beach.  The building dates back to 1964 when it was first built and offers mostly studio and one bedroom with a rare two bedroom units here too.  One thing you can't expect here are large floor plans as the studio units typically run between 345 to 400 square feet while the one bedrooms are around 680 to 830 square feet.  What you can expect in some of these condos is great ocean views as well as views of the San Clemente Pier as well.

Real Estate prices have really gone up in recent years with the last

One of the newest developments to hit the San Clemente Real Estate marketplace is the Ten10 Santiago complex in San Clemente. We have been watching this construction for a long time and it's exciting to finally start to see the final product.  The location is right in the heart of Southwest San Clemente area near the Ralph's shopping center.  The address is located at 1010 S El Camino Real at the corner of Santiago street, hence the name 1010 Santiago.  Several weeks ago they had their first open house and the design and attention to details is what you would expect from a new construction condo.  The condos sit ideally over the houses in the Southwest San Clemente area with great ocean views.  

We have included a virtual tour below of one of the

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 other similar type homes in the

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 neighboring lots.  Often times

The San Clemente historic home tour is set to take place next month on October 12, 2019. This year will feature a tour of 9 historic properties here in San Clemente.  San Clemente has a very small number of historic properties still in existence so a chance to visit nine different properties is a rare opportunity.  The San Clemente historical society is now offering advance tickets for those who would like to attend.  Currently tickets are being sold at $30.00 per person or $100 for 4 tickets.  This changes on the day of the event which increases to $40 per person.

The tour details of which properties will be on the tour have not been released yet but will be sent via email once tickets have been purchased.  It's important to note that the tour will

The long anticipated development of this community has finally come to life with 3 homes being released on to the market in the Socorro Shores neighborhood.  I received a call on this development many years ago as they were trying to figure out how much homes would sell for in this area.  At the time the Sea Summit community located next door had not even started development so it was tough to gauge exactly what homes would sell for.  Since the Sea Summit neighborhood is heading towards it's final stages of selling out it makes sense that there are enough comps to support a brand new construction home with over 4,000 square feet on the north side of San Clemente.

Socorro Shores is a combination of 9 luxury homes located on Via Socorro street in San

Arguably, one of the best neighborhoods in San Clemente is the Southwest San Clemente area.  What makes it so desirable is you won't find two homes that look exactly the same which has not been the trends for new construction homes.  Many of the new neighborhoods in San Clemente are considered tract communities that alternate between 3 to 4 different floor plans with every third or forth property looking the same.  This is not the case in the Southwest area as every home was custom built by owners who live there.  Many of the original beach homes still exist while many have been converted into much larger homes which tends to be a trend in real estate nowadays.  

Rental prices for single family homes will typically start at $3,000 per month for a two

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 true to describe condos in

Southwest San Clemente is widely considered one of the best neighborhoods in San Clemente by many who live here.  While the community is predominately filled with residential homes there are also some nice condo and townhouses located in this area.  One of the best places to look is near the State Park area which has a large number of oceanfront, ocean view and residential condos.  A perfect example of this is a new listing that just came on the market at 268 Avenida Montalvo #1 in San Clemente.  The two bedroom condo features two levels of living space with a total of 1,648 square feet.  It comes with an attached two car garage and features wonderful ocean views as well as coastline views looking towards Dana Point.  It's currently priced at $1,399,000.

We see some agents advertise homes as "below market" here in San Clemente.  Whenever we see a listing like this we always wonder if it's truly priced below market, and if it is what is wrong with the property?  Some real estate agents will price a home very aggressively that is slighting below recent sales comps to generate a lot of interest.  This results in multiple people interested in the property which causes the price to get bid up.  For example, if the home is worth $1 million but the agent prices it at $850,000 to lure buyers into the property while hoping that several people will place bids on the home driving the price above the $1 million price point.  Sometimes this does work and sometimes this backfires causing the home to sell less than what

We have many clients who are looking for a highly upgraded home with modern finishes in a turnkey condition.  While there are many homes that have been completely renovated there is nothing like a brand new home that offers everything that a client is looking for.  Model homes tend to offer these amenities and one of the best places to look is the brand new Sea Summit community in San Clemente which offers 4 unique neighborhoods that typically have 3 model homes to display various floor plans that each specific neighborhood has to offer.

A perfect example of a model home that is offered for sale in Sea Summit is the home located at 123 Via San Sebastian in San Clemente.  It's located in the most expensive Indigo neighborhood and was the "Residence 2"

If you are in the market for finding a nice ocean view condo on the ocean side of the 5 freeway then the Florencia condos may offer the perfect property for you.  Situated on the north side of town and west of El Camino Real and the 5 freeway is a small condo complex built in 2007 located at 1503 Calle Mirador that is referred as "Florencia Condos."  There are two residential condos located at this address with unit #A featuring a total of 3 bedrooms, 3 baths with 1,500 square feet of living space.  Unit #B is a 2 bedroom, 3 bath condo with a total of 1,460 sure feet.  Both units come with a one car garage and offer nice ocean views.  

1503 Calle Mirador Unit #A is currently on the market for sale at $995,000.  It's being advertised as a Contemporary

San Clemente has several areas and neighborhoods of homes that can accommodate RV Parking.  One of the first areas that comes to mind is the Forster Ranch area of San Clemente.  One of the reasons that this is the #1 area is due to the age of these homes.  Many of the homes in the Forster Ranch area where built in the 1970's when homes were not built so close together and tend to be located on large over-sized lots.  Many of the lots have special driveways that can accommodate RV Parking directly on the home which is ideal for those who own RV homes.  There are also neighborhoods like Tocayo Canyon in Forster Ranch that have dedicated areas for RV parking.  The best part about the Forster Ranch area is that home prices tend to be much more affordable than

Located at 206 Avenida Montalvo in San Clemente is a small condo complex known as "Villa Montalvo Vista."   The location is at the beginning of the Lobeiro loop which is a one one way street that starts out as Avenida Montalvo and then loops around to the street Avenida Lobeiro.  Many of the homes located on the ocean side of both of these streets will offer nice ocean views and is within walking distance to the San Clemente Beach Park area.  Villa Montalvo Vista will have limited views since it's located at the very top of the street that has many large tree's and homes in front of it.  The builder decided to build on this lot in 1991 due to its prime location within the Southwest San Clemente neighborhood.  The builder built one, two and three bedroom

The long awaited Sea Summit community is in full production with many new constructions homes completed and the new owners happy to be living in this exciting new housing tract.  3 of the 4 neighborhoods offer detached single family homes with only one tract offering attached condos for sale.  The condo tract is commonly referred to as the "Sea Summit Aqua" neighborhood that features 5 individual condos that are attached with one or two common walls.  These condos are what we call townhouses here in California with two levels of living space.  The main living quarters like the kitchen, family room and dining area are all located on the lower level and all the bedrooms are located upstairs.  All the condos come with attached two car garages and direct