laurel creek - approved for 71 small...

16
Delivered With All Environmental Permits 3 Bed/3 Bath Homes 9.25 Acres 1,781 - 2,306 SF Homes LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTS NEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA 1900 Wright Place, Suite 200 | Carlsbad, CA 92008 T: 760.929.9700 | F: 760.929.9977 1 MATT WEAVER [email protected] (760) 448-2458 PATRICK MILLER, CCIM [email protected] (760) 929-9700 AL APUZZO [email protected] (760) 448-2442 N CalBRE Lic# 00296599 CalBRE Lic# 01323215 CalBRE Lic# 01367183 Grapevine Rd Hill Rd Emerald Dr Carlsbad Vista Oceanside OFFERS DUE WEDNESDAY - JULY 2, 2014 GRADING PLAN ELEVATIONS/ FLOOR PLANS COMPS/ MARKET INFO AERIALS/ MAPS PROPERTY INFO TM/ SITE PLAN LANDSCAPE PLAN MAP SITE DEVELOPMENT FEES HOME PLAT MAP Durian St SALE PRICE: $7,500,000

Upload: tranthien

Post on 12-May-2018

218 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

• Delivered With All Environmental Permits• 3 Bed/3 Bath Homes• 9.25 Acres• 1,781 - 2,306 SF Homes

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

1900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977 1

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442

N

CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

Grapevine Rd

Hill Rd

Emerald Dr

Carlsbad

Vista

Oceanside

OFFERS DUE WEDNESDAY - JULY 2, 2014

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEESHOME PLAT MAP

Durian St

SALE PRICE: $7,500,000

Page 2: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

2

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEESHOME PLAT MAP

N

Emerald Dr

Hill Dr

Grapevine Rd

E Vista Way

OceansideOceanside Blvd

W Vista Way

Hacienda Dr

Durian St

Page 3: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

3

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEESHOME PLAT MAP

E Vista Way

Grapevine Rd

Durian St

Melrose Dr

Hill Dr

Vista Courthouse

Vista

san marcos

N

Page 4: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

4

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEESHOME PLAT MAP

DEL MAR

SOLANA BEACH

ENCINITAS

CARLSBAD

OCEANSIDE

CAMP PENDLETON

VISTA

SAN MARCOS

ESCONDIDO

POWAY

PALOMAR MOUNTAIN

PALOMAR AIRPORT

N

FALLBROOK

SUBJECT PROPERTY

LOC

ATIO

N M

AP

441900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

E. Vista Way

Emer

ald

Dr

Gra

pevi

ne R

d

Hill

Dr

Duria

n St

Page 5: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

51900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

PRO

PERT

Y IN

FO

CLICK HERE FOR THE FOLLOWING ITEMS:

1. ACOUSTIC2. AFFORDABLE HOUSING3. ARCHAEOLOGICAL4. ARCHITECTURE 5. CIVIL ENGINEERING6. CONDITIONS OF APPROVAL7. ENVIRONMENTAL8. GEOTECHNICAL9. HOA10. LANDSCAPE11. TITLE12. TRAFFIC STUDIES

Submit Offer - Call for Offers July 2, 2014

Location: Laurel Creek is located between Grapevine Road and Durian Street just north of California State Highway 78 in Vista, CA.

Jurisdiction: City of Vista

Thomas Bros. Map: Page# 1087 - D7

APN & Acreage: 166-080-16 .92 Acres 166-080-18 1.41 166-080-19 .88 166-080-65 .82 166-080-83 1.68 166-110-40 2.50 166-110-41 .84 7 tax parcels totaling 9.05 Acres (County Data)/9.223 acres (TTM)

Site Characteristics: Flat to very gently rolling

Zoning: R-MMultiResidentialZone(RM-21)

Project Summary:

Environmental PermitSummary:

Unit Breakdown: Plan1(16)-3bedroom+Loft,2.5bath,2cargarage-1,781s.f. Plan2(24)-3bedroom+LoftwithOptionalBedroom,2.5bath,2cargarage–2,145s.f. Plan3(31)-3bedroom+FlexwithOptionalBedroom&OptionalBedroom4,2.5bathwithOptionalBath3,2cargarage–2,306s.f.

Local Services: Water……………..VistaIrrigationDistrict Police………………SanDiegoCountySheriff’sDepartment Sewer……………..City of Vista School……………..VistaUnifiedSchoolDistrict Fire………………….City of Vista Fire Department

□ 1602Permit-StreamAlterationPermit–DudekEngineeringisprocessing □ IncidentalTakePermitforBrodiaea.Applicationisdeemedcomplete.2-3monthstoprocess □ No Army Corps permits needed □ Buyerwillneedtocompleteallfinalengineering. □ MitigationFeeshavealreadybeenpaid

LaurelCreekCondominiumsisa71lotsmalldetachedprojectwithanapprovedTentativeMap#2-117andMitigatedNegativeDeclaration.TheProjectwillbedeliveredwithallenvironmentalpermits in place. There is no CFD or Mello-Roos requirement associated with the project, but thereisarequirementfor4affordableunits.

*Note: Some files may take a while to download due to their size.

Site Improvement Costs: $71,738 per lotImpact & Miscellaneous Fees: $36,700 avg. per lot

Page 6: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

Page 7: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

7

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

Page 8: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

81900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

CLICK HERE TO VIEW FULL LANDSCAPE PLANS

Page 9: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

91900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

Date: 12/23/2013

Revised Date: 1/03/2014 Ref: 12-020

CONSTRUCTION ITEMS

ROUGH GRADING $700,952.15

DEMOLITION & REMOVALS $4,607.28

TEMPORARY EROSION CONTROL $119,000.00

PERIMETER WALLS & FENCES $816,306.52

LANDSCAPE & IRRIGATION $826,200.00

STORM DRAIN SYSTEM IMPROVEMENTS $139,064.15

SURFAC E IMPROVEMENTS (PRIVATE & PUBLIC) $807,384.84

DOMESTIC WATER IMPROVEMENTS $103,610.00

PRIVATE FIRE SERVICE $116,663.45

SEWER (ONSITE) $89,754.00

SEWER (OFFSITE) $34,400.00

WATER QUALITY, HYDRO-MOFICATION BMPS $95,232.00

CONSTRUCTION STAKING $60,000.00

ELECTRIC & STREET LIGHTS, PUBLIC AND PRIVATE $304,950.00

CONTRACTOR GENERAL CONDITIONS $210,906.22

SUBTOTAL, CONSTRUCTION COSTS $4,429,030.61

15% CONTINGENCY ON HARD COST $664,354.59

TOTAL, CONSTRUCTION COSTS 5,093,385.20$

UNIT COSTS PER UNIT 71,737.82$

Prelimary Construction for Laurel Creek Condominiums Development

Vista, CA

SUMMARY

Grading and Site Development

Prepared By:

Excel Engineering

Page 1 of 4

SITE

DEV

ELO

PMEN

T

CLICK HERE FOR DETAILED COST BREAKDOWN

Page 10: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

101900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

FEES CLICK HERE TO VIEW MISCELLANEOUS FEE BREAKDOWN

FEES

SIZES 1781 SF 2145 SF 2306 SF

Building Permit $2,413.58 $2,493.62 $2,573.65School Fee ($3.20/sf) $5,699.20 $6,864.00 $7,379.20

Drainage Fee $390.52 $390.52 $390.52Fire Protection Fee $379.00 $379.00 $379.00Park Fee $6,568.24 $6,568.24 $6,568.24Public Facility Fee $1,218.00 $1,218.00 $1,218.00Traffic Fee $1,902.00 $1,902.00 $1,902.00Sewer Fee $2,769.20 $2,769.20 $2,769.20Mapping Fee $60.00 $60.00 $60.00

Miscellaneous fees (BREAKDOWN BELOW) $13,223.77 $13,223.77 $13,223.77

Sub-Total $34,623.51 $35,868.35 $36,463.58Contingency (3.5%) $1,211.82 $1,255.39 $1,276.23

Total $35,835.34 $37,123.75 $37,739.81

REVISEDMISC FEES (ALREADY INCLUDED ABOVE) ADD TOTAL

Landscaping concept plan review $640.00 $640.00Site Development Plan $6,520.00 $6,520.00Const Drawing $1,320.00 $1,320.00Environmental Review $9,196.00 $9,196.00Condomiinium Housing Permit $5,502.00 $5,502.00

$0.00TENTATIVE MAP $7,518.00 $2,040.00 $9,558.00

$0.00FINAL MAP $3,117.00 $3,117.00

$0.00PLAN CHECK/INSPECTION $0.00Landscaping CD review and inspect $1,320.00 $1,320.00Landscape Model home review $1,080.00 $1,080.00Grading Plan Check $9,843.00 $9,843.00Grading Inspection $4,589.00 $4,589.00Improvement Plan Check $9,875.00 $9,875.00Improvement Inspection $4,589.00 $4,589.00

$0.00

IMPACT FEES

SIZES 1,781 SF 2,145 SF 2,306 SF

Page 11: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

Page 12: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

Page 13: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

CLICK HERE TO VIEW ALL ELEVATIONS & FLOOR PLANS

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

Page 14: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

141900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

PLAT

MA

P

Page 15: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

151900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

ELEVATIONS/ FLOOR PLANS

COMPS/MARKET INFO

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

PLAT

MA

P

Page 16: LAUREL CREEK - APPROVED FOR 71 SMALL …leelandteam.com/hp_wordpress/wp-content/uploads/Laurel-Creek...3 laurel creek - approved for 71 small detached lots near hwy 78 between emerald

161900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977

MATT [email protected]

(760) 448-2458

PATRICK MILLER, [email protected]

(760) 929-9700

AL [email protected]

(760) 448-2442CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183

LAUREL CREEK - APPROVED FOR 71 SMALL DETACHED LOTSNEAR HWY 78 BETWEEN EMERALD DR & MELROSE DR EXITS | VISTA, CA

GRADINGPLAN

COMPS/MARKET INFO

ELEVATIONS/ FLOOR PLANS

AERIALS/MAPS

PROPERTYINFO

TM/SITE PLAN

LANDSCAPEPLAN MAP

SITEDEVELOPMENT FEES PLAT MAPHOME

COM

PS/M

AKE

T IN

GO

Page 1 of 36:28 PM 6/10/2014

San Diego County New Home Summary

MinMap Total Units Units List Advertised Price/ Maximum Size Bed Rm. Bath No. Of Garage Lot Size Assoc. Tax Mo.No. Builder City Community Units Off'd Avail. Quarter Overall Base Concess. Sq. Ft. Premiums (Sq. Ft.) Count Count Levels Spaces (Sq. Ft.) Dues Assess. Pymt. (1)

1 Focus Shea Homes San Diego Civita 76 22 8 5.46 5.46 $493,500 $6,000 $344.88 $6,333 1,437 3.0 2.5 2.0 2.0 1,742 $338 $33 $2,7412 Frame Shea Homes San Diego Civita 76 24 8 6.24 6.24 $566,750 $6,000 $318.92 $0 1,787 3.0 2.5 2.5 2.0 2,500 $338 $0 $3,0643 Origen Sky Loft Shea Homes San Diego Civita 73 61 3 0.39 2.27 $570,114 $5,000 $366.33 $8,882 1,563 2.4 2.9 3.2 2.0 1,245 $283 $0 $3,0334 Origen Social Garden Shea Homes San Diego Civita 127 105 8 1.17 3.79 $571,215 $5,000 $351.03 $10,207 1,654 2.8 3.3 3.2 2.0 1,245 $283 $0 $3,0355 Altana TRI Pointe HomesSan Diego Civita 45 34 7 2.34 4.67 $703,076 $4,000 $375.13 $38,000 1,888 3.0 3.1 2.5 2.0 3,500 $520 $0 $3,8866 Jacaranda McMillin Homes Chula Vista Lomas Verdes 109 109 0 0.33 2.44 $472,320 $8,000 $218.85 $0 2,159 3.7 2.7 2.0 2.0 4,600 $163 $310 $2,7377 Mosaic Shea Homes Chula Vista Lomas Verdes 218 212 11 3.56 2.51 $319,003 $8,000 $224.95 $0 1,414 2.6 2.9 2.7 1.7 1,307 $260 $197 $1,9878 Santa Rita Heritage Homes Chula Vista Otay Ranch - Montecito Ridg 94 70 0 1.32 1.78 $509,486 $10,000 $203.88 $12,333 2,500 4.0 2.5 2.0 3.0 4,300 $47 $375 $2,8509 Bacara Heritage Homes Chula Vista Otay Ranch 125 13 1 2.28 2.94 $423,592 $10,000 $238.39 $15,000 1,780 3.3 2.5 2.0 2.0 4,200 $50 $310 $2,36910 Anacapa Otay Ranch New Chula Vista Otay Ranch 46 29 7 0.99 0.68 $440,680 $10,000 $196.82 $0 2,235 4.0 3.0 2.0 2.0 4,500 $58 $358 $2,50711 Avalon Sunrise Company Chula Vista Otay Ranch 165 110 12 1.98 3.35 $315,800 $10,000 $219.27 $7,727 1,456 2.7 2.3 1.7 1.3 1,307 $205 $204 $1,89612 Corta Bella Sunrise Company Chula Vista Otay Ranch 75 45 18 2.31 3.44 $473,389 $10,000 $205.64 $0 2,401 4.3 2.9 2.5 2.0 2,800 $45 $382 $2,65513 Presidio Sunrise Company Chula Vista Otay Ranch 64 27 5 0.33 0.67 $496,200 $10,000 $187.68 $18,333 2,587 5.0 3.0 2.0 2.0 4,500 $58 $317 $2,68514 Verona McMillin Homes Chula Vista Rolling Hills Ranch 77 74 0 1.01 2.68 $799,693 $15,000 $196.61 $7,000 4,103 4.0 3.5 1.7 3.3 21,000 $262 $7 $4,08315 Veranza Cornerstone Com Chula Vista Summit At Eastlake 111 89 7 2.37 3.52 $340,091 $5,000 $233.72 $5,667 1,461 3.0 2.5 2.0 2.0 1,089 $372 $251 $2,25016 La Mesa Meadows KB Home La Mesa La Mesa 31 13 5 1.52 1.83 $756,913 $22,707 $202.63 $0 3,755 4.2 3.6 2.0 3.0 8,000 $225 $0 $3,79117 Canton Hills KB Home Lakeside Lakeside 67 41 14 3.94 8.93 $609,124 $18,273 $191.47 $0 3,199 3.7 2.7 2.0 2.0 6,200 $48 $0 $2,91218 Voscana Shea Homes Carlsbad Carlsbad 68 52 5 3.31 2.97 $545,942 $6,000 $345.69 $1,787 1,600 3.0 2.5 2.3 2.0 3,734 $289 $270 $3,18719 Palo Verde Brookfield Reside Carlsbad Foothills - The 96 12 4 4.20 4.20 $809,073 $10,000 $282.24 $0 3,031 3.8 3.9 1.7 2.0 6,500 $193 $125 $4,17120 Sycamore DR Horton Carlsbad Foothills - The 78 78 0 0.33 4.01 $737,845 $38,500 $294.94 $0 2,534 3.2 3.5 1.8 2.3 4,800 $192 $525 $4,11721 Wescott Standard Pacific HCarlsbad La Costa Oaks 80 80 4 3.15 2.25 $901,784 $2,500 $306.68 $59,722 2,965 3.9 2.8 2.0 2.0 6,000 $239 $94 $4,55722 Seaside Ridge Brookfield Reside Encinitas Encinitas 21 21 3 1.48 1.93 $1,226,405 $5,000 $369.72 $32,325 3,529 3.8 3.4 1.3 2.5 10,000 $171 $0 $6,19623 Collection - The Van Daele HomesRancho Santa FCrosby Estate - The Lakes 49 49 6 6.01 5.47 $964,736 $10,000 $276.88 $186,133 3,538 4.0 4.0 1.7 2.7 10,000 $433 $278 $5,34124 Sentinels Brookfield Homes San Diego Del Sur 51 23 7 2.48 2.23 $954,921 $5,000 $308.14 $208,407 3,131 3.3 3.5 2.0 2.0 8,500 $225 $119 $4,96825 Carrillo Standard Pacific HSan Diego Del Sur 52 44 9 1.77 4.88 $755,627 $10,000 $280.83 $69,000 2,700 4.0 3.0 2.0 2.0 4,000 $176 $341 $4,12926 Hawthorne Standard Pacific HSan Diego Del Sur 49 39 9 2.83 4.47 $824,669 $10,000 $300.39 $95,667 2,768 4.0 3.0 2.0 2.0 4,000 $176 $502 $4,63627 Marston Standard Pacific HSan Diego Del Sur 54 28 7 2.12 3.57 $1,096,043 $15,000 $262.24 $111,667 4,229 5.0 5.5 2.0 2.3 6,000 $176 $494 $5,91528 Presideo Standard Pacific HSan Diego Del Sur 52 47 0 0.00 1.48 $925,304 $15,000 $256.54 $66,667 3,618 4.7 4.1 2.0 3.0 6,000 $176 $727 $5,31929 Presideo II Standard Pacific HSan Diego Del Sur 56 43 6 5.66 3.20 $992,412 $15,000 $274.51 $162,667 3,609 4.7 4.0 2.0 3.0 6,000 $176 $779 $5,68730 Estrella Lennar Homes San Diego Lakes - The 52 25 4 3.18 2.33 $1,264,650 $20,000 $258.82 $122,633 4,898 4.3 4.8 1.7 3.7 9,000 $536 $842 $7,43831 Sevilla Lennar Homes San Diego Lakes - The 37 29 7 1.77 2.44 $1,070,507 $20,000 $259.95 $57,500 4,132 4.0 4.0 1.5 3.5 9,000 $536 $708 $6,34632 Watermark Pardee Homes San Diego Pacific Highlands Ranch 89 47 0 3.68 4.18 $1,163,021 $10,000 $302.52 $48,333 3,851 5.0 4.5 2.0 3.0 6,000 $213 $865 $6,68233 Alta Del Mar Pardee Homes San Diego San Diego 107 39 5 3.01 3.16 $1,871,439 $20,000 $379.64 $63,394 4,983 4.5 4.7 1.5 3.3 10,000 $420 $757 $10,18834 Sorrento Heights Pardee Homes San Diego Sorrento Valley 113 107 8 3.20 4.99 $780,027 $18,000 $341.02 $31,942 2,297 4.0 2.7 2.0 2.0 4,500 $147 $0 $3,85035 Sorrento Prestige Pardee Homes San Diego Sorrento Valley 20 5 5 0.00 0.00 $926,196 $6,000 $302.08 $0 3,103 4.4 3.4 2.0 3.0 4,800 $147 $77 $4,69936 Sorrento Ridge Pardee Homes San Diego Sorrento Valley 59 42 0 7.60 7.26 $429,143 $10,000 $336.78 $3,857 1,283 2.0 1.9 1.0 1.6 1,089 $312 $0 $2,34937 Sorrento Terrace Pardee Homes San Diego Sorrento Valley 71 61 0 0.00 6.63 $392,052 $6,000 $305.10 $0 1,317 1.9 1.9 1.1 1.6 2,614 $298 $16 $2,16738 Bellasario Standard Pacific HSan Diego Stonebridge Estates 47 44 9 1.52 1.62 $1,159,264 $25,000 $253.16 $327,333 4,584 4.7 4.5 1.7 3.7 16,000 $152 $737 $6,39939 Toll Brothers Toll Brothers San Diego Stonebridge Estates 103 100 17 1.88 2.80 $1,104,842 $15,000 $248.64 $55,000 4,442 4.4 4.7 1.7 3.6 17,000 $177 $457 $5,97140 Contempo William Lyon HomEscondido Escondido 84 55 12 5.01 6.26 $296,554 $5,000 $221.32 $0 1,354 2.5 3.0 2.5 2.0 933 $200 $10 $1,62541 Shady Grove II KB Home Fallbrook Fallbrook 28 28 0 0.00 1.07 $542,909 $0 $174.78 $0 3,149 3.4 2.2 1.0 3.0 10,000 $274 $0 $2,90942 Saybrook DR Horton Oceanside Arrowood 113 62 5 1.43 3.45 $601,442 $12,000 $218.45 $25,750 2,786 3.5 2.8 1.8 3.0 6,000 $101 $29 $2,99743 Greens - The Toll Brothers Oceanside Arrowood 79 79 5 0.36 1.95 $824,247 $25,000 $229.45 $220,114 3,609 4.6 3.9 1.8 3.0 10,000 $122 $265 $4,24944 Marisol Meritage Homes Oceanside Ocean Ranch 92 86 6 3.04 4.58 $696,905 $13,937 $193.65 $4,537 3,655 4.7 3.6 1.8 3.0 10,000 $188 $51 $3,56345 North River Taylor Morrison Oceanside Oceanside 105 105 0 0.36 2.51 $285,506 $7,000 $226.88 $16,700 1,225 2.4 2.6 2.0 2.0 1,867 $275 $0 $1,50946 Laurel Cornerstone Com San Marcos Old Creek Ranch 98 98 0 0.00 2.36 $412,714 $6,000 $241.07 $2,000 1,715 3.0 3.0 2.0 2.0 1,867 $303 $210 $2,48947 Magnolia Cornerstone Com San Marcos Old Creek Ranch 177 148 0 7.33 5.50 $338,112 $5,000 $238.28 $0 1,413 2.4 2.7 3.0 2.0 1,188 $222 $13 $1,80748 Haciendas KB Home San Marcos Rancho Santalina 70 66 9 3.30 5.40 $499,763 $14,992 $200.55 $21,121 2,504 3.5 2.5 2.0 2.0 4,000 $57 $327 $2,74149 Vistas KB Home San Marcos Rancho Santalina 49 49 0 1.10 5.69 $558,602 $0 $174.95 $0 3,317 3.6 2.8 2.0 2.3 5,000 $57 $398 $3,12450 Altaire I & II DR Horton San Marcos San Elijo Hills 106 98 4 3.94 3.03 $804,472 $5,000 $264.08 $2,128 3,079 3.3 3.0 2.0 3.0 5,000 $82 $67 $4,04451 Belmont Lennar Homes San Marcos San Elijo Hills 131 124 1 12.52 3.94 $512,788 $5,000 $301.67 $0 1,718 3.3 2.5 2.0 2.0 2,100 $285 $179 $2,94952 Bella Vista Ryland Homes San Marcos San Elijo Hills 106 56 3 2.50 2.66 $841,533 $10,000 $230.04 $79,432 3,600 5.0 4.5 2.0 3.0 6,000 $85 $213 $4,30653 Amarra Homes Harmony Homes Vista Tri-City 16 16 0 $485,505 2,714 3.5 2.8 2.0 3.0 6,000 $21654 Tesoro A & S Developme Vista Tri-City 55 55 0 $410,990 1,976 3.0 2.6 2.5 2.0 3,500 $164

DevelopmentMonthly Sales

Sales Information PRICING INFORMATION

EXHIBIT

FLOOR PLAN CHARACTERISTICS Est. Mo. Costs

San Diego County as of 2014 Q1 Field Audit.New Housing Developments Surveyed in Select Areas of

RESIDENTIAL DEVELOPMENT SUMMARYREAL ESTATE ECONOMICS