Del Mar, CA Real Estate News

By Roberta Murphy, Carlsbad Real Estate and Homes
(San Diego Previews Real Estate)
What better venue than Del Mar to spend a sunny Labor Day weekend!Visitors may wish to enjoy the wide sandy beaches in Del Mar, and take a long stroll through Olde Del Mar's quaint village--and enjoy lunch at one of its many fine restaurants.  For great family fun, though, it will be hard to beat the activities planned at the Del Mar Racetrack.Saturday and Sunday of Labor Day weekend--along with Labor Day itself are designated as Famiiy Weekends at the Track. There, families can enjoy:Inflatable games and ridesPony ridesMagic ShowsGame ZoneObstacle CourseFace PaintersGiant Scramble Slide--and more In addition to activities for the kids on Labor Day (Sept. 3), the Del Mar Race Track will offer photo and autograph opportunities with famed thoroughbred jockeys from noon to 1 p.m.  Addition...
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By Roberta Murphy, Carlsbad Real Estate and Homes
(San Diego Previews Real Estate)
This listing breaks all prior San Diego listing records.Priced at $76 Million, this circa 1937 oceanfront Del Mar trophy estate sits on nearly 5.5 singular acres. The two story home has nine bedrooms and six-and-a-half bathrooms and ocean frontage of 396 feet. It is an oceanfront estate that will appeal to top tier and global real estate collectors–and is a relative bargain compared to other hurricane-prone waterfront estates. I caught first official details of the story from Michelle Mowad, crack reporter and writer for The San Diego Business Journal. She interviewed agents involved in the offering and reveals that the property is owned by San Diego venture capitalist William “Bill” Stensrud, one of San Diego’s wealthiest residents. He is a partner with Enterprise Partner’s Venture Cap...
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By William Johnson, Retired Real Estate Professional
(Retired)
Hearing all the woos about falling prices?The owners of this magnificent piece of waterfront certainly didn't get that message. In Del Mar,the old Trippett Mansion goes on the market at 3 times what it was purchased for 7 years ago. Now you must understand for that small amount of change, you aren't getting a place you can live in. Well, not yet anyways. The inside of the property was gutted and if you have ever tried to get past the Del Mar land use regulations, it is not going to be an easy task to re-establish the grandeur of what once was. With over 5 acres right on the ocean, the lucky buyer will have infinite views of the water with the only obstruction being the weather patterns that come in off the ocean. No worry, on a clear day, you can see forever and that is what the owners ...
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By Roberta Murphy, Carlsbad Real Estate and Homes
(San Diego Previews Real Estate)
Many are surprised to hear that Del Mar, California has a population under 5,000. It is home to some of the most expensive real estate in the world, offers a quaint tree-lined village, a gorgeous California beach, the Del Mar Race Track and Fairgrounds, and an active train station that once brought the Hollywood crowd down for the Del Mar race season and year round beach gatherings. Del Mar has a number of fine restaurants, lodging possibilities and is easy to reach by car or train. Many who visit return year after year to enjoy Del Mar’s beach, its village, the Del Mar Fair and of course, Del Mar’s thoroughbred racing. The lure of Del Mar is a haunting one, and many vacationers end up looking for a second or primary home within its spectacular boundaries. These Del Mar real estate see...
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By William Johnson, Retired Real Estate Professional
(Retired)
A Glorious Magical Day here in Old Del Mar. Back in the 1940's Bing Crosby penned the Famous words to the "Where the Turf Meets the Surf " music and it remains the theme song today for the Del Mar Race Track, Thoroughbred Club.Brian Brady our own world renowned ActiveRain blogger,friend and inspiration to all in ActiveRain, organized what tuned out to be a Magical Day at Old Del Mar Race Track for the first Friday late day races of the season. We were honored with our guests and wonderful new friends Rudy Bachraty and Joe Ferrara owners of Sellsius on their "Blog Tour USA ". They were there to meet Brian and his nephew and all of us from ActiveRain as they were filming a documentary on the real estate industry across the US and in what direction it is headed. Rudy and Joes included many...
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By Roberta Murphy, Carlsbad Real Estate and Homes
(San Diego Previews Real Estate)
I got to decide where I wanted to go for Mother's Day Brunch this year. Last year, we all trooped over to the La Costa Resort's Ballroom for their annual Mother's Day Brunch-to-beat-all-brunches. The problem with those enormous brunches is I never know where to start--or when to finish.This year, I opted for reasonable servings of fine food, no champagne, a killer Bloody Mary and Pacific beach views that remind me why we chose to live in San Diego. Jake's Del Mar is an old favorite, and we have enoyed their Sunday beach brunches for years. The atmosphere is casual and the service friendly.  Entrees range from about $11.00 to $18.00 and include orange juice and plates of fresh-baked pastries. Champagne is available at an extra cost. Sitting on the sand, this restaurant is also a great ch...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
There is an amazing ocean-front home in Del Mar, consisting of 5 outbuildings (totaling 10,700 SF) which include a main home, 2 guest houses, pool, tennis court, health spa, theater, and a greenhouse, that has been on the market since July 2005 that is in escrow and due to close soon, if rumor, and the Union Tribune, are accurate.The price?Well it was listed at $50 million, which will about double the previous record for the highest price sale (at least publicly known). San Diego real estate is not known for being inexpensive, but this number makes our expensive stuff seem a bargain. No, it's not quite the new Bel-Air listing of $125,000,000 announced recently, nor Donald Trump's palacio in Palm Beach (also at $125 million I think), nor the $155 million estate being built in Montana. Th...
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By Gary Giffin
(Real Estate Buy Sell Invest www.SanDiegoHomeSold.com)
As a result of a community rapidly growing, a wonderful NEW Police Station will open its doors soon in Carmel Valley a community located in San Diego,CA                                                         The $14-million station will house 21 patrol officers, a lieutenant, three patrol sergeants, one juvenile services officer, two detectives and an investigative aid. *The official grand opening for the facility is scheduled for March 22*Carmel Valley'snew 22,000-square-foot police station is nearing completion, and the facility will provide a long-awaited boost for law enforcement in Carmel Valley, Del Mar Heights, North City, Torrey Highlands, Black Mountain Ranch and Sorrento Valley.      Gary GiffinKeller Williams Realty 12265 El Camino Real Suite 180 San Diego, CA   92130 Web Pa...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Here are the summary statistics from the MLS for Del Mar for November and December 2006.Like other North County San Diego communities, Del Mar's housing inventory dropped during the month of December, down 24% from November (the holiday season was a likely contributor). The town, due to its small size, gorgoeus ocean views from many properties, and a charming downtown area, has tended to be one of the most expensive coastal towns for some time. Prices have escalated substantially and rival La Jolla (to the south) - up 15% in the last 2 years (a period of much correction) and a whopping 102% in the last 5 years.If you have visited the area you probably understand why - the town is hilly and offers many homeowners a change for dramatic ocean views and sunsets...at a hefty price. While som...
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By Roberta Murphy, Carlsbad Real Estate and Homes
(San Diego Previews Real Estate)
Realtors and public alike are fascinated by record-setting news, and most of us are curious to know about the most expensive home sold in the last year.In San Diego County, the winner of record would be a stunning 3–bedroom, 3.5–bath Del Mar oceanfront beauty sold by Jennifer Moores to Marsha Naify for $18 million.The ultra-luxury real estate market in San Diego is a healthy one, with at least 37 homes selling above $5 million last year. And 2007 is poised to be even better.That  Del Mar sale, though, pales compared to a report filed by luxury home writer Bernice Ross. She tosses aside California, Hawaii, Florida and New York as contenders. The winner? New Jersey!  It appears the most expensive closed  single residential sale for 2006 was a $58 million, 63–acre estate located just five ...
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