Talega Real Estate

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 market which is

One of the most affordable places to find condo rentals in the Talega area is the Alassio tract.  For the most part, rental prices have consistently been under the $4,000 a month range for 2 and 3 bedroom condos that start just over 1,200 square feet of living space. The most recent rentals that have been leased out are feature below in this rental history chart and give you a good idea on what things rent for here. I love this location as it's a short walking distance to the Ralph's shopping center filled with some great restaurants and retail stores.  One thing to keep in mind is that these condos are located multiple levels that often comes with attached garages that offer direct access into the condo.  Some of the features that are really popular here

I have a client that is coming into town and is looking to buy a home or condo for under $1.5 million.  When doing a search this morning it was evident that there were not a lot of quality properties on the market even with this healthy price range.  Properties listed between $1 to $1.5 million were predominately single family detached homes spread throughout the Talega, Forster Ranch, Rancho San Clemente and the San Clemente North neighborhoods.  There was no one property that really stood out as a great deal in a great neighborhood but more like average to good homes in neighborhoods my client was not interested in living.  The Talega area was automatically out due to the conformity of tract style homes that look to similar to neighboring homes combined

In the last several years we have seen a big increase real estate prices in San Clemente, California.  It's very hard to find any decent detached single family home in a nice area for under $1 million dollars.  Last year we saw a shifting market where properties were on the market a lot longer than what we had experienced in recent years so there was the anticipation that real estate prices may go down.  This was the case in some of the properties sold last year but the overall pricing of homes still remains high and has not seen a huge dip as some were expecting.  There are still some great values for homes if you know where to look, especially in trying to find a detached single family home for under $1.5 million.

One of the better values that we

When shopping for homes there are a lot of luxury items that a home can come with.  Some of these items would include an outdoor pool, large primary suite with a huge walk-in closet, fitness room and even an dedicated wine room.  When it comes to cooking in the home it's very common place in a lot of San Clemente homes to have a kitchen that comes with stainless steel appliances and a center kitchen island.  What is unusual and hard to find is a bonus butlers pantry that is located off the kitchen area.  A butlers pantry as pictured below is a bonus working space area that is an ideal place to keep extra wine and champagne drinking glasses and a working counter that is often used to prepare additional items that you don't want to do in front of guests.

Talega is one of our planned communities here in San Clemente that offers some of the newer style with a wide range of single family homes and residential condos.  There is a limited number of rental properties in the Talega area that offer a view of the ocean since the properties located here are approximately over 1 mile away from the beach.  Since I have lived in San Clemente for over 20 years I run across many people that either love or hate the Talega area for a variety of reasons.  Many of the people who love living here for these few reasons.  First, the homes in this community are what we call a planned community where everything is planned to the style of the homes, number of floor plans in each individual neighborhood to all the community

San Clemente has 9 different areas that are filled with a large variety of neighborhoods with different perks and amenities.  For those looking for homes located on large lots it's important to understand that not all communities will have the same features.  Homes located in Southern California in general are located on much smaller lots sizes than would you would find in other states like Texas, etc.  This is especially true as you get closer to the beach and lot sizes are at a premium.  In San Clemente, homes typically located on the ocean side of the 5 freeway are much smaller than those located on the east side of the freeway.  There are exceptions to this that include the new Sea Summit community in San Clemente that does offer some large scale

One of the biggest trends in real estate are from buyers looking to buy a one story home due to a variety of reasons.  Many of the clients that we deal with are looking to down size from larger homes and life in a home that doesn't feature any stairs or levels.  We see this a lot from baby boomers in recent years who are looking for their final retirement home and looking down the road where they may not be able to go up and down stairs at a later time in life.  So the where can the best single level homes be found in San Clemente, our quick guide will show you were to look.  

The most affordable one story homes can be found in the 55+ communities like Colony Cove, Bay Cliff Village and Talega Gallery.  The first two neighborhoods often have smaller

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 cul-de-sac street can offer.

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

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

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

San Clemente is a small beach town with a nice mixture of residential homes, condo and apartment buildings.  For the most part residential lots are pretty small and feature only one single family home located on it.  There are a few exceptions to this and typically can be found in homes that were built before the 1950's in the downtown section where two homes were built one lot.  These homes were often vacation beach homes were both homes would accommodate their owners and their extended families.  Most of these older properties in San Clemente were destroyed due to builder newer homes or condo buildings so finding these type of unique properties on one lot is very rare.

One of the benefits for buying a property like this is that you have the potential

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 can quickly view a

The San Clemente area rarely offers a community that features multiple new construction homes for sale.  There is one exception to that and is located in the Talega area of San Clemente.   Alora is one of the newest communities in San Clemente and offers many homes that built from 2014.   These are beautiful two story Spanish style homes that offer lots of interior amenities.  Many of the homes are larger than 3,800 square feet and situated on lots that can average over 10,000 square feet.  Some of the best features of these homes include vaulted ceilings, 3 car tandem garage, large size rooms with gourmet kitchens and a great room. 

Alora is located off Avenida Talega and near the Talega golf club.  This is a great location near the new Talega shopping

San Rafael was one of the very first communities built in the Talega area of San Clemente and is highly regarded as a great place to find a large two story single family home under the million dollar price point.  These are large properties that are normally around 3,600 square feet that offer main floor bedrooms and open floor plans.  Normally, the first level of the home is built for entertaining with a gourmet kitchen, dining room and large living room area.  Often times these floor plans provide for a butler's pantry and a great room with high vaulted ceilings and custom fireplaces.  Upstairs often offers a large Master suite with multiple walk-in closets, custom fireplace and dual Master bath sinks.

Many of the homes are located on large lots that

Talega is one of the newest areas in San Clemente with homes being built on a continues basis in the last 15 years.  For those looking for brand new construction homes in this area should consider the Cazadero neighborhood.  This community was first built in 2005 and is home to the only new construction home for sale in Talega built in 2014.  15 Calle Loyola is a brand new home that is currently on the market for $1,152,787.  The five bedroom, six bath home just finished construction this year and features 3,949 square feet of living space.  Built by William Lyon, the residence features an open floor-plan with a large master suite, backyard and an attached 3 car garage.  The listing just came on the market 7 days ago and still currently available for

The Vizcaya community is located in one of the most premier spots in the Talega area of San Clemente.  The homes on the south side of the street "Corte Vizcaya" overlook the 5th hole of the Talega golf course and have panoramic golf course and valley views.  This neighborhood is amongst some of the most expensive real estate in Talega due to it's large scale estate homes that exist in this small community of only 14 residences.  Originally built in 2001, the homes offer large square footage floor plans that range anywhere from 4,689 to 5,746 square feet.  Beautiful curb appeal and stunning Mediterranean architectural design is what sets these homes apart from other properties found in the Talega area.

The Stella Mare Talega Community is one of my favorite communities.  This is a great neighborhood to find large Spanish style homes on over-sized lots.  The neighborhood has small pockets of individual cul-de-sac streets that offer a tight sense of community and a great place to raise a family.  These are large homes that are often over 3,400 square square feet with a few homes offering panoramic views of the hills and mountains.

For those looking for a home with a backyard pool this is a great place to look.  Many of the properties in Stella Mare have incorporated resort style pools with a select few offering a guest casita pool house as well!  The large majority of homes offer five bedrooms or more and are located in one of the most desirable

For those who love the classic Spanish architectural design will love the Mirador community in Talega.  Talega is one of the newest communities in San Clemente and was built starting just 14 years ago and still continues to grow with new construction homes currently being built.  The neighborhood is non-gated and features larger two story homes that average in the 4,000 square feet range with 4 to 6 bedrooms. 

Located back in the hills and at one of the highest point in Talega is where you will find the Mirador community.  The homes offer many wonderful features that bring the indoor and outdoor spaces together.  Interior courtyards, vaulted ceilings, round entry towers and rounded windows really bring out the Spanish flare.  Home prices have always