Tag Archives: orcutt homes

Woodmere Villas Orcutt Homes — 2011 Real Estate Market Update

Woodmere Villas is a small cluster of homes in Orcutt, California. The development is located near the newly expanded Union Valley Parkway and the Edgewood Homes. For those who want to travel to Vandenberg Air Force Base, Woodmere Villas are a comfortable 20 minute trip to the main gate. Continue reading

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Edgewood Homes in Orcutt CA – Real Estate Market Update

The Edgewood Homes in Orcutt are a delightful collection of one and two story homes just west of Bradley Road and north of Union Valley Parkway, adjacent to the well established Oak Knoll neighborhood, St. Joseph High School, and down the street from Righetti High School. These homes are located in the Orcutt school district and are a 20 minute drive to Vandenberg AFB. They were built in the mid to late 1980′s, range in size from 1300 sq. ft. to 1800 sq. ft. The Edgewood development includes a private park that is gated and for the use of residents only. Continue reading

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Potential plus in this big Orcutt home on an oversized lot!

Orcutt Home Orcutt Real Estate Ralph Dunlap School Continue reading

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Orcutt Homes – Cobblestone Creek Update

Cobblestone Creek is community of newer homes for sale in Orcutt; it is near Stillwell Road and the Clark Avenue exit off Highway 101. Most of the homes were sold new during the height of the housing boom, so many if not most of the current and recent sales in the development are foreclosures or distress sales. Continue reading

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2010 Snapshot – Orcutt Foreclosure Market Update

There are 295 active and pending homes and condos in the Orcutt zip code of 93455. Of those 295 properties, 41 homes are foreclosures (13.8%) and 113 are short sales (38.3%). So currently, over 50% of the Orcutt market is either a bank owned property or a short sale. Average asking price overall was $337,392, asking prices for foreclosures was significantly lower at $256,678, and for short sales it was $269,678.

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Lake Marie Estates, Orcutt Luxury & Executive Homes Update

Lake Marie Estates is a secluded enclave of executive and luxury homes in Orcutt, located east of Highway 101, off the Clark Avenue exit. When exiting 101 on Clark, instead of heading west toward downtown and Old Town Orcutt, head east toward the vineyards and wineries. Lake Marie offers a truly rural setting that is just minutes away from shopping and other conveniences. Continue reading

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Orcutt Luxury Home Update, Foxenwood Estates

The upscale Foxenwood neighborhood is popular with buyers due to its location, which is directly adjacent to Old Orcutt, and its proximity to Vandenberg AFB (15 minute drive to the main gate). The location of the development is off the beaten path, yet close enough to enjoy the amenities of downtown Orcutt. The Foxenwood neighborhood is bordered by other prestige areas such as Lorraine Estates, Deerfield Estates, and the new developement of Old Mill. Continue reading

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The Edgewood Homes in Orcutt, CA, Market Update

The Edgewood Homes in Orcutt are a delightful collection of one and two story homes just west of Bradley Road and north of Union Valley Parkway, adjacent to the Oak Knoll neighborhood and St. Joseph High School. These homes are about a 20 minute drive to Vandenberg AFB. They were built in the mid to late 1980′s and range in size from 1300 sq. ft. to 1800 sq. ft. The development includes a private park that is gated and for the use of residents only. Continue reading

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CAR HAF Announces the Mortgage Protection Program

The California Association of Realtors has announced the creation of a Mortgage Protection Plan for first time home buyers. This program was developed to give first time buyers some incentive to buy homes in an uncertain economy. Although buyers don’t seem as if they need any further incentive to buy right now, with bidding wars and multiple offers the usual situation in the Santa Maria and Lompoc markets, when this program was conceived buyers were very hesitant to enter the housing market. Continue reading

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Cal STRS Home Loan Program for Santa Maria & Lompoc Teachers

Local teachers in Santa Maria & Lompoc may be eligible for the home ownership loan programs available through the California State Teachers Retirement Program (“Cal STRS’). Eligible participants can apply for several different loan options which can increase borrowing power and lower down payment requirements. Currently, Cal STRS offers a zero down option using a two loan 95% and 5% structure, as well as a low down option using a two loan 80% and 17% structure Continue reading

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