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 access into the home.  All of the 5 condos share the same common circular driveway that allows access to each of these homes and garages.

As you can expect these condos were the first one's to sell when the first come on the market.  I was personally shopping for an investment property myself a couple weeks ago to learn that all of the ocean view condos in Sea Summit had already sold out.  At that time they were still offering a couple properties just under the $1 million dollar price point without any major upgrades, all of that would cost extra.  My personal presence when previewing the different models throughout the community is to locate a home that is located on a corner and facing the street.  This would allow having only one attached wall between your neighbor and have the best look and feel of a traditional home from the street.  

It's also important to note that they are building all of these townhouses in phases which means that down the line they will be building additional properties that may have an ocean view.  The sales office at Sea Summit is very helpful and can help you with financing and pricing.  Keep in mind that there is a "Mello Roos" fee here which works out to be close to 1% and I was told to budget around 1.8% of the purchase price.  So a $1 million dollar home would cost you an approximate $813.50 extra in taxes that you would not pay in a community that does not have Mello Roos.  The trade off is that you are living in a brand new community that is located very close to the beach.

Real Estate prices currently start at $999,000 four a three bedroom, four bath condo with 2,336 square feet and go up to $2.1 million for an unobstructed ocean view condo with three bedroom, four baths and 2,488 square feet of living space.  The ocean view property is a re-sale unit that was previously purchased and then put back on the market for sale.  Expect new home prices to go up to around $1.3 million for a Sea Summit condo.  For a private showing or more additional information please contact our San Clemente sales associates at 949-204-5110 today.

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