Looking to buy a new construction home in San Diego? In today’s video, we take you on a tour of some of the newest projects being built Off the 56.
Our first stop is Merge 56 in Torrey Highlands. Lennar is going to be the home builder here of the two communities, Arlo and Vine. These will be a mix of single-family homes, townhomes, and condos. There’s also going to be quite a bit of office space here. Rumors are that a tech company might be coming to the area.
There was originally going to be a movie theatre here, but unfortunately COVID-19 stopped that particular plan from moving forward. There’s also going to be a small grocery store here, probably like a Sprouts, Trader Joe’s, or Jimbo’s. There’s going to be some sort of boutique fitness offering (our fingers are crossed for a 9Round Fitness) along with great restaurants and coffee shops.
The project is supposed to be done in 2023 and the road that’s going to connect Camino Del Sur into Park Village is supposed to be done by 2022.
Next up on our San Diego new construction home tour is Pacific Highlands Ranch. Shea Homes is building a new project called Lumen, which is just townhomes. These are expected to be priced in the mid eight hundreds. They’ll be within walking distance of all the fantastic offerings at the Pacific Highlands Ranch shopping center.
One of the more unique things about the Lumen project is that they’re going to actually have what they call shopkeeper units – basically you have a retail space down below and then you live above it. It’s a live/work loft-style concept. You can either have your own business down there or rent it out. These units are supposed to go on sale this summer.
Another project in Pacific Highlands Ranch will be the Sendero Collection just across the way from Lumen. It’s probably five minutes down the road. These are going to be single-family homes, priced from $1,600,000 to $1,900,000. They are for sale right now and the waiting list is about 280 people. So, you still have a shot at one of those.
In Sorrento Mesa, the new project off of Camino Santa Fe is called 3Roots. There are actually three home builders here: Lennar, California West, and Shea Homes. Shea has already started selling homes and Lennar will be starting their sales soon. You should know though, that there are over 14,000 people on the wait list between the three home builders. Two hundred homes will be released this year and they’re planning for 1800 homes here by 2025.
It’s going to be another mixed-use community. It’s really close to a bunch of the tech campuses that are here like Qualcomm. Apple also has offices here. It reminds me a bit of the Playa Vista community in Los Angeles. I think this is going to be a very popular spot as it’s only five to ten minutes from La Jolla, Del Mar, and the beach. Very centrally located! The only negative is that you do have the plane noise from Miramar.
The scope of this project is much larger than the other two that we looked at today. You’ve got parks, restaurants, coffee shops, hiking, and mountain biking trails all around here. So, when it’s all said and done, it’s going to be a pretty cool place.If you’re interested in buying a new construction home in one of these communities (or any others!), I’d love to help you. Even when you’re buying direct from the builder, you can have your own real estate agent represent you. Many of my clients have found it helpful to have someone experienced who can negotiate for them and make sure everything is in order. Just reach out to me today to get started on your San Diego home search!