25 Dec 2009

Pacific Crest Development, Santa Maria Homes Update

Posted by tnileblanc

Built by a local developer, Inland Pacific Builders, Pacific Crest is conveniently located on the south end of Santa Maria and a short 20 minute commute to the main gate of Vandenberg AFB. The Pacific Crest homes were constructed beginning about 2005, and the last few homes are still being sold by the developer. The floorplans are some of my favorites built in Santa Maria, with circular interior entries, spacious kitchens, and luxurious master suite options. In the past 6 months, 22 homes have sold in the Pacific Crest Development and the sold prices ranged from $250,000 for a 1700 sq. ft. 3 bedroom, 3 bath short sale listing on Alba Court, to a brand new 2500 sq.ft., 4 bedroom, 3 bath home on Damask Court which sold for $369,900.

In the past 6 months, the average sales price was about $307,000, and the average price per square foot was about $166. Currently listed and pending homes in the development range from $259,900 – $348,900. There have been a number of short sales and foreclosures in the development as the homes were sold at the high point of the market. So many “almost new” homes are being sold at significant discounts from the new homes prices. As a result, homes in Pacific Crest are snapped up quickly.

For a list of available homes in Pacific Crest or the Westgate Ranch area, call me at (805) 878-9879, or send me an email at tni@mintprop.com and request automatic email alerts on new properties as they hit the market in Santa Maria and Orcutt. You can also search for properties on my website: www.SantaMariaRealEstateSearch.com.

tniright_logo1Tni LeBlanc, JD, M.A., e-PRO
Broker/Owner, Mint Properties
(805) 878-9879, tni@MintProp.com
www.iLoveSantaMaria.com
www.SellMySantaMariaHome.com
www.BuySantaMariaForeclosures.com
www.SantaMariaRealEstateSearch.com

*Based on the information from the Central Coast Regional MLS. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

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