San Diego is one of the most coveted destinations to live, which is why real-estate prices can rise in directly correlation to the location. Determining the most expensive neighborhoods in San Diego is a precarious effort, at best. With the continuously changing real estate environment combined with a highly volatile economy, the results are ever changing. We will highlight 3 of the most expensive neighborhoods of 2013:
1) La Jolla – The La Jolla Shores Neighborhood is a coastal “Jewel by the Sea” community of homes, apartments, and condos of every shape, size, and age. Most of the residential real estate is occupied by a mixture of owners and renters. This spectacular neighborhood boasts median real estate prices at $1,271,091, making homes here more expensive than 98.3% in California and 99.7% in the U.S. Homes here were built after 1940. Changes to the residential landscape here is almost continuous with new architectural wonders springing up seemingly overnight. If you plan to retire in California, this neighborhood should be high on your must-see list, and it may be considered a retiree’s ultimate dream. Highly educated executives and the financially secure choose to live here in one of the most beloved coastal communities in the U.S. La Jolla Shores boasts spectacular views and is one of the most popular beach destinations in the country. With its quaint, upscale village lifestyle and walkability, it truly lives up to its nickname as “the jewel” of San Diego.
2) Via Cuesta Verde / Circa Oriente – is a suburban neighborhood in San Diego that is north, inland and east of Del Mar. Absolutely stunning, artistically designed single-family homes and townhomes adorn this beautiful location. A relatively newer neighborhood with median real estate prices at $1,412,946, the Via Cuesta Verde / Circa Oriente neighborhood is more expensive than 98.9% in California and 99.8% in the U.S. This neighborhood is often considered to be the ideal family-friendly neighborhood in San Diego, with a look and feel of a 1950’s “Father Knows Best” episode. A young and fresh feel permeates this community, giving it a safe and comfortable appeal. Notably, wealth is rampant with grossly extravagant homes on large lots with pools, tennis courts and golf courses set in back yards. Amenity loaded and a vibrant, youth-centered atmosphere, young families with well-educated and affluent parents flock to Via Cuesta Verde. You will also find wealthy professionals, executives and urban sophisticates from all walks of life choosing this neighborhood to call home. Uniquely, this neighborhood has a higher concentration of married couples than 97.6% of all U.S. communities. Just a short drive to the Pacific Ocean and easy access to major highways heading every direction creates a perfect combination for just about anyone who can afford such luxury.
3) Muirlands (Easter Cross), San Diego – is a suburban neighborhood of medium to large sized single-family homes and apartments, mostly owner occupied. The neighborhood is one of the most exclusive and sought after in San Diego, with scenic snaking roads, lined with ancient trees and astonishing views. Most homes were built between 1940 and 1999. Muirlands’ median real estate prices are $1,494,985, making homes here more expensive than 99.1% of the neighborhoods in California and 99.9% in the U.S. A unique characteristic about this neighborhood is that the residents are generally very wealthy, educated executives. With 2.5% British and 2.6% Iranian ancestry, cultural diversity is rich. Virtually every ethnicity exists within this amazing neighborhood. Their homes are upper-level, executive estates that hold their value, as the neighboring homes are all well maintained and equally ornate. Well-to-do retirees are also drawn to this community, as well as some college students. Also notable are the luxury brand cars like Mercedes, Audi, BMW, and Lexus, children in private schools, and vacations to Europe. Living is bliss in Muirlands, possibly the most ideal location that San Diego has to offer.