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Latitude

Latitude

at Rancho Tesoro

NEW HOME COMMUNITY DESCRIPTION

Latitude at Rancho Tesoro is located in the hills of San Marcos, California, and built by Brookfield Residential. Latitude offers four different plans ranging from 1243-1936 square feet, two to three bedrooms, two and a half to two full bathrooms and two half bathrooms. The town-homes are all three-stories and have an attached two-car garage.

RESIDENCE 1 Plan is 1243-1336 sq. ft. | three-stories | two-bedrooms | two and a half bathrooms | two-car garage

RESIDENCE 2 Plan is 1532-1588 sq. ft. | three-stories | three-bedrooms | two and a half bathrooms | two-car garage

RESIDENCE 3 Plan is 1933 sq. ft. | three-stories | three-bedrooms | two and a half bathrooms | two-car garage

RESIDENCE 3X Plan is 1933 sq. ft. | three-stories | three-bedrooms | two full bathrooms and two powder bathrooms | two-car garage

NEW HOME DETAILS

Property Type:

Bedrooms:

Bathrooms:

Square Footage:

Floors:

Garage:

Townhomes

2-3

2-2.5

3

1243-1936

2 Car Attached

Gated:

Year Built:

Smart Home:

Solar Included:

HOA:

Mello-Roos:

Yes

2020

No

Yes

Yes

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

$494,000

COMPS. RANGE

$467-945k

Latitude is the second community in Rancho Tesoro, and the other is Skyhaus. The main difference between the two communities is Latitude's homes are all three stories, while the homes at Skyhaus are two. The smallest home that Latitude offers is 1,243 square feet while Skyhaus has a plan one at around 700 square feet. You'll be close to Cal State San Marcos, bars, and many great restaurants. I wasn't fond of the fiberglass surrounds in the master bathrooms; tile always looks more elegant.
On the other hand, the fiberglass will lead to less chance of water getting behind the walls, and you can forget having to regrout every 5 years. At the entrance is a gate, and once you enter, you'll see the large resort-inspired pool area; resembles a pool you'd see in Vegas; clean, modern, and new. I like the floorplans of the homes, especially considering all the homes are two-stories.

Upside

  • Gated

  • Great recreation area with resort inspired pool area

  • USB outlets in master and kitchen

  • Tankless water heater & water recirculation pump

  • White thermofoil cabinets in kitchen are included

  • Great school ratings

  • Great location near great restaurants and shops

  • Near Cal State San Marcos

  • Reasonable HOA for what's included

  • Laundry area with gas dryer hook-up

Flipside

  • Fiberglass walk-in showers

  • Solar is not included

chula vista new homes.jpg

San Marcos

LOCATION

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*School ratings are provided by GreatSchools.org

*Crime data is provided by the ADT Crime Map.

38974

54977

83781

Population 1980        Population 1990        Population 2000        Population 2010

17479

914 Blackstone Drive
San Marcos, CA 92078

8/10

9/10

n/a

Well Below National Average

Elementary School:

Middle School:

High School:

Crime Data:

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