If you love Valmonte but haven’t found your chance to buy in, here’s a good opportunity. Listed for $889,000, you can have a 3 bedroom, 3 bath, 1600′ foot home on a 8,000′ lot next to the access trail with a peak of the ocean and city lights. Based on the lack of inventory on the market, I don’t see this one sticking around for long. It needs some elbow grease but with a decent sized yard and room to add on (this is key when looking in Valmonte due to the lot usage rules), you can call this great neighborhood home for a decent price. It’s open this Sunday so I’m putting this open house on my to-do list.
UPDATE: So I stopped by the open house today and it was going off! There were no less than 5 families at a time walking through the house and there probably would have been more if parking wasn’t at a premium. Nelu Ardeljan from Riviera Realtors informed me that prior to the open house, he had 3 offers, 2 over asking. I guess when you’re the only active listing under $2 million in Valmonte you’re going to get star treatment. Considering this one likely needs a new roof and some cleaning up, it looks like we have a seller’s market here in Valmonte. Let me know if you have one to sell . . . .
NEW UPDATE: LISTING CANCELED – Yeah, you’ve got me? I’m not quite sure why this one was cancelled, but maybe the owner knows something I don’t. There’s probably a good chance of that :)!