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Estancia

Estancia

at Otay Ranch

NEW HOME COMMUNITY DESCRIPTION

Estancia is located in Otay Ranch, and built by Cornerstone Communities. Prato offers three different plans ranging from 3409-3906 square feet, five to six bedrooms, four and a half to five and a half bathrooms. These single-family homes are all two-stories and have an attached three-car garage.

RESIDENCE 1 Plan is 3409 sq. ft. | two-stories | five-bedrooms | four and a half bathrooms | three-car garage

RESIDENCE 2 Plan is 3848 sq. ft. | two-stories | six-bedrooms | five and a half bathrooms | three to a four-car garage

RESIDENCE 3 Plan is 3906 to 4118 sq. ft. | two-stories | Six-bedrooms | five and a half bathrooms | three to a four-car garage

NEW HOME DETAILS

Property Type:

Bedrooms:

Bathrooms:

Square Footage:

Floors:

Garage:

Single Family Homes

5-6

4.5-5.5

2

3409-3906

3-4 Car Attached

Gated:

Year Built:

Smart Home:

Solar Included:

HOA:

Mello-Roos:

Yes

2020

No

No

No

Yes

Mello-Roos is an additional cost to pay for community improvements like schools and streets etc., applied to regular property taxes for a set period between 20 to 40 years. The IRS typically doesn't allow you to write Mello-Roos off as you would with property taxes, so make sure you know the yearly cost before purchasing; they can be as high as $600 per month.
Solar should be included; builders pay bulk pricing for solar. Yes, they work it into the new home price, but it usually makes little noticeable difference to the monthly mortgage payment compared to your two to six hundred dollar electric bill.

Meets Comps.

HOME INSIGHTS

STARTING FROM

$882,990

COMPS. RANGE

$800k-1m

The homes at Estancia are in the large master-planned community of Otay Ranch. The Pool and recreation area alone is a good reason to live here with a true resort-inspired pool. These homes are two stories, would have liked to see a one-story plan for people who don't like stairs, but they made up for it with the plan one having the master bedroom on the first floor. Estancia offers a lot of great flex room options, which is my favorite part about these homes; plan two offers the option for a casita on the first floor with its own private entrance and wet bar. Larger lots, especially more room between the homes, would have been nice too.

Upside

  • Up to 4 car garage

  • Many flex room options

  • All kitchen appliances included

  • Tankless water heater

  • Well above average school ratings

  • Master bedroom on the first floor of select plans

  • True resort inspired pool and recreation center

Flipside

  • Homes have little distance between them

  • Solar is not included

  • Crime in area is above the national average

chula vista new homes.jpg

Chula Vista

LOCATION

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*School ratings are provided by GreatSchools.org

*Crime data is provided by the ADT Crime Map.

63126

173556

243916

Population 1980        Population 1990        Population 2000        Population 2010

35490

1707 La Cumbre Ave, Chula Vista, CA 91913, USA

8/10

8/10

8/10

Slightly Above National Average

Elementary School:

Middle School:

High School:

Crime Data:

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