CARMEL VALLEY

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Median Price $745,000
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Carmel Valley Real Estate

Carmel Valley is located 15 miles north of San Diego, east of I-5 and Del Mar.  The area is based on a master plan created in 1974 that planned the development of residential neighborhoods on the mesas leaving the canyons as open space.  Building began in 1983, and there are now a variety of luxury homes, condominiums, townhouses, and apartments available. 

By the mid-1990s, Carmel Valley had become one of San Diego’s most popular neighborhoods with shopping centers, movie theaters, and widespread investment.  Served by one of California’s best school districts, Carmel Valley is a top choice for families alike. Executives and professionals appreciate the proximity to nearby Sorrento Valley and SR-56, scheduled for completion in 2004, will open up access to the inland corridor.

Carmel Valley still offers a great deal of open space for outdoor activities and is located less than three miles from the Pacific Ocean.  Build-out of the area continues, with an increasing number of homes from estates to apartments, making the area attractive to a wide variety of buyers.  Communities include Torrey View, Torrey Hills, The Sands, and Trilogy. 

The newly developed Santa Luz at the east end of Carmel Valley in the San Dieguito River Valley, is a 3,800-acre village whose highest knolls offer panoramic views of the coast.  With several different neighborhoods including estate homes and golf course homes, Santa Luz has become a popular upscale home buying choice.  Eastward expansion into Torrey Highlands along SR-56 continues, and home prices climb every year, making Carmel Valley a great investment opportunity.