The La Costa Resort condo sales have been strong this year in 2021 with 13 properties having closed escrow as of writing this article. The lowest priced sale was a one bedroom condo that sold for $300,000 on 04/13/21. The property was originally asking $325,000 and ended up selling for $25,000 less after being on the market for 21 days. The most expensive sale was a two bedroom master suite condo that sold for $960,000 which was one of the 5 highest priced sales that have occurred in the Villas according to our multiple listing service. A lot of the condo that sold this year were only on the market for less than one week while others took several months to sell even in a hot market. One of the reasons for this is that buyers often don't understand how the program works at the resort as we get many calls asking us to explain the number of days that are allowed for personal use here.
The La Costa Resort offers a program where you can use the condo for 120 days per calendar year with the option of renting it out while not living there. Many of the condo buyers who buy here end up paying all cash since getting a loan here can be tricky due to the vacation rental aspect of it. Most lenders like a more traditional type of loan so finding the right banker is important if you are needing to get a loan here. The monthly homeowners association dues typically covers the estimated SDG&E, water, trash, sewer, internet and all utilities. These condos are really ideal for real estate investors or those looking for a vacation rental home they can use 120 days out of the year and then generate rental income for the other days. We have put together a sales chart showing everything that has sold at the La Costa Resort according to our multiple listing service which doesn't include any private sales that were not uploaded to our system. We do offer a free market evaluation for those who own a condo here and would like to sell. Please contact us direct at 760-710-0268.
Carlsbad 7310 Estrella De Mar Road 20
This is the Villa you've been waiting for. Top floor pool view two bedroom Villa at Omni La Costa Resort & Spa with a full-sized kitchen. Premier East facing Location on the top floor of the first building, sitting high above the resort. This spacious and luxurious top floor condo has a fireplace on one of the patios. This property is Turn-key and fully furnished. Enjoy your property up to 120 days per year and opt to let the hotel manage your property while you're away. World Class Tennis, g...$925,000
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Listing information last updated on January 29th, 2023 at 8:15am PST.