RANCHO PENASQUITOS

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Median Price $470,000
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Rancho Penasquitos Real Estate

Rancho Penasquitos is a master-planned community within the City of San Diego. Located south of Rancho Bernardo, west of I-15 and north of the Los Penasquitos Canyon Preserve, Rancho Penasquitos residents appreciate its easy access to the rest of the county.  The area is approximately 10,000 acres including Black Mountain Regional Park with 51 percent designated for residential development; 34 percent is designated for parks and open space; two percent is designated for commercial space.  Black Mountain is the area's most visible landmark, rising to 1,500 feet above the region. The hills and canyons separate the area from the rest of the city and make it seem more country like than urban.

Homes are built on the mesas and hills and the majority are typical middle class suburban homes although some custom homes do exist in the area.  Many homes have views. There are a few condominiums and townhomes. The neighborhoods are quiet and well maintained and predominantly home to families with children due, in part, to the highly acclaimed Poway School District.

Condominiums and townhomes in developments like Penasquitos Pines, Casa Blanca, Penasquitos Villas, and Terra Vista are generally available from the low $300,000s, while the newer luxury condominiums of the Monte Rio complexes are priced in the mid $400,000s.  Feather Ridge, Penasquitos Estates and Penasquitos Knolls offer attached and detached single-family homes built in the 1970s and 1980s from the mid $500,000s.  Westridge, Crestmont, Crest Chase, Allegra, Park Village Estates, Montea, and Cabrera offer newer detached homes, most with stucco exteriors and Mediterranean or Spanish style touches from the high $600,000s.

Most of the new and current development runs along the western edge of Rancho Penasquitos, stretching toward Carmel Valley.  The Monet Collection, Torrey Meadows, Torrey Highlands, Greystone, and San Lorenza all feature new construction, Italian, Spanish, or Mediterranean styling, and a terrific investment opportunity in a newly created area that will soon be served by SR-56.