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Real Estate Roundup

Otay Ranch 1999's Biggest Seller

Otay Ranch in South County had nearly one-quarter of all new-home sales in San Diego County last year, according to The Meyers Group, a real estate information service.

"South County's market share is expected to go even higher in 2000," said Peter Dennehy, managing director of Meyers. In the past two quarters, he noted, Otay Ranch has sold 340 homes, making it the top-selling master-planned community in the county.

Builders at the 5,300-acre development include Centex Homes, Pacific Coast Communities, Shea Homes, Standard Pacific Homes, Trimark Pacific Homes and William Lyon Homes. Together, the developers have 43 decorated model homes available for inspection. Prices at the Otay Ranch neighborhoods range from the low $200,000s to the high $300,000s.

Davidson Communities has released 14 homes as the second phase of its Cielo at Rancho Santa Fe. Prices range from $899,900 to $1,372,900. Of the 14 homes in the first phase, 12 have been sold. Davidson will build 81 homes at Cielo. Five floor plans range from 3,719 to 6,234 square feet with four to six bedrooms.

Barratt American reports sales of 47 of the planned 61 homes at its Beachwood community in Oceanside. The project is currently in its ninth and final phase with prices from $314,990 to $402,990. Two of the three models are still available at $345,990 and $409,990. Four floor plans range from 2,343 to 2,963 square feet with four bedrooms.

Ryland Homes reports sales of 29 homes at The Antilles, a retirement neighborhood within the Ryland Oasis master-planned community in Menifee. The Antilles neighborhood is priced from $209,990 to $281,990. Single-level floor plans range from 2,134 to 2,455 square feet with two bedrooms.

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