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Promontory

Promontory

at Horse Creek Ridge

NEW HOME COMMUNITY DESCRIPTION

In Promontory, the new single-family homes are in Fallbrook, California. Promontory at Horse Creek Ridge offers three different plans ranging from 3200-3840 square feet, four to six bedrooms, and three and a half to six and a half bathrooms. The homes are all two stories and offer two to three-car attached garages.

RESIDENCE 1 Plan is 3200 sq. ft. | two-stories | four to five bedrooms | three to three and a half bathrooms | two-car garage

RESIDENCE 2 Plan is 3370 sq. ft. | two-stories | four bedrooms | three and a half bathrooms | two-car garage

RESIDENCE 3 Plan is 3710 sq. ft. | two-stories | four bedrooms | three and a half bathrooms | three-car garage

RESIDENCE 4 Plan is 3840 sq. ft. | two-story | five to six bedrooms | six and a half bathrooms | three-car garage

NEW HOME DETAILS

Property Type:

Bedrooms:

Bathrooms:

Square Footage:

Floors:

Garage:

Single Family Homes

4-6

3.5-6.5

2

3200-3840

2-3 Car Attached

Gated:

Year Built:

Smart Home:

Solar Included:

HOA:

Mello-Roos:

Yes

2020

No

No

No

No

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

$610,990

COMPS. RANGE

$500-768k

If I were, to sum up, Promontory at Horse Creed Ridge in one word, it would be value. Compared to the other communities in the area, you get a lot of home for around the same price. I mean, these homes are massive at 3,840, you'll have difficulty finding comparables elsewhere in San Diego county. Most of the floor-plans have bedrooms on the first floor and up to a three-car garage. I would have liked to see more smart home features; actually, I didn't see one, not even a video doorbell. A gated entrance would have been nice too, but you can't have it all and will have to weigh the options to figure out what's best for your family.

Upside

  • A lot of home for the price

  • Bedroom on first floor

  • Up to 3-car garages

  • Medium to large yards

Flipside

  • Low school ratings

  • Solar is not included

  • No smart home features included

  • Close enough to 15 freeway that you can hear it outside

  • Near dry hillside - may be vulnerable to wildfires

  • Not gated

chula vista new homes.jpg

Fallbrook

LOCATION

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*School ratings are provided by GreatSchools.org

*Crime data is provided by the ADT Crime Map.

11930

20435

25454

Population 1980        Population 1990        Population 2000        Population 2010

9034

35822 Blue Breton Drive
Fallbrook California, 92028

5/10

5/10

4/10

Slightly Below National Average

Elementary School:

Middle School:

High School:

Crime Data:

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