About Carlsbad's Aviara

It's an ugly question to have to ask, but a very real one.

The Four Seasons Aviara Resort has been a mainstay of South Carlsbad's Aviara area for more than 10 years (they signed a 30-year contract in 1995 with several 20-year optional continuations). That is until the owners of the resort that the Four Seasons Hotels and Resorts manages got their britches in a bunch.

The owners are alleging financial mismanagement by the Four Seasons and running the resort in a less-than-cost-effective manner (my words). Seems the alleged issues surround the 2009 operating budget and recent refinancing by the owners resulting in increased debt (a challenge in these economic times), who now want to bring in Dolce Hotels and Resorts as new managers of the resort.

The Four Seasons states that the increased debt by the owners is "making it impossible for the resort to service this amount of debt in the current economic downturn" according to a recent article by Penni Crabtree in the San Diego Union Tribune. Here's a press release from the Four Seasons on May 13.

The parties were in federal court May 11, then started oral arguments in late May. Arbitration proceedings began on May 29 according to the North County Times, and the hearing was continued until the week of June 15. I haven't seen any updates on where things stand now.

I'm not familiar with Dolce Hotels and Resorts and have no idea if they can run the caliber of resort that so many are accustomed to, and gravitate towards, at the Four Seasons hotels. Some folks want, and are willing to pay for the Four Seasons experience, which garners them high rankings in polls by Conde Naste and others year after year. I have my own personal reasons for wanting the Four Seasons to remain. Nuff said.

Stay tuned - the battle is not yet over.

READ MORE:

Carlsbad Village by the Sea

Avaira - A Beautifu Resort Residential Area in South Carlsbad

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If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2009 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Carlsbad California Homes for Sale ~ Aviara ~ Real Estate, Short Sale, REO, Foreclosures.

We wanted to provide you with some community information about the community of Aviara and up to date sales figures for Carlsbad, California.

Aviara is a resort community in the hills of southern Carlsbad, overlooking the Pacific Ocean and Batiquitos Lagoon. The community has a total area of 1.6 miles² and is just north of Encinitas and west of La Costa. Just outside of Aviara at El Camino Real lies a movie theater, restaurants, jewelry boutiques, a branch of the Carlsbad City library, U.S. Post Office, and several salons.

At the heart of the 1,000 acre (4 km²) Aviara community is the Four Seasons Resort Aviara, a 331-room, five-star hotel. Guests enjoy spectacular views, famous lush tropical grounds, a popular Lobby Bar, personal services, shops, a renovated spa area and a world-class golf course.

View Current Homes for Sale in Aviara and other San Diego Neighborhoods.

The most recent sales for the four zip codes of Carlsbad, 92009, 92008, 92011, 92010, for the month of April 2009 according to Dataquick are as follows:

There were a total of 121 sales (New, Resale, and Condo combined) in the month of April. The median price of a home for the 4 zip codes is $521,750 which represents a 21.55% decline from April of 2008.

The current interest rates and tax credits from the Federal government and local municipalities are making communities such as Aviara and other Carlsbad homes for sale very affordable.

To learn more about Real Estate in Aviara and other Carlsbad cities please visit our fully integrated Real Estate website by clicking here.

Our site will allow you to search all active listings in Carlsbad, as well as foreclosure, short sale, and REO listings along with the entire San Diego County MLS.

You can also sign up for our Free VIP Property Watch Service which will automatically keep you updated on any new listings that fit your guidelines and any price changes!

We look forward to hearing from you!

Aviara (in the 92011 zip code) is a beautiful resort residential community anchored by the Four Seasons Aviara Resort (with golf course) in South Carlsbad overlooking the Batiquitos Lagoon and within view of the ocean. Rolling hills, lush vegetation, manicured properties and roadways, and gate communities characterize this popular neighborhood just west of La Costa.

READ MORE: AVIARA - A Beautiful Resort-Like Residential Community

TAKE A VIDEO TOUR OF AVIARA

There are a number of smaller communities within the master Aviara HOA - Pavona, Avocet, Aviara Point (the most exclusive), Bella Lago, Cantata, Sanderling, Crystalla, Azure Cove, Isla Mar and Tramonto, among others - some area gated, others are not, but there is a consistent feel to these communities that surround the fabulous Four Seasons with its high-end dining, upscale spa, boutiques and golf course

CURRENT ACTIVITY in AVIARA

Detached Homes:

• 26 on the market
• Average price $1,054,509 (range $599,000 - $2.095 million)
• Median price = $882,000
• Days on market = 81 (range 1 - 271)
• Price per SF = $337 (typical home is 3115 SF with 4 bedrooms, 3 baths)

Attached Homes

• 5 on the market
• Average price $631,780 (range $485,000 - $829,000)
• Median price = $600,000
• Days on market = 119 (range 1 - 257)
• Price per SF = $329 (typical home is 1933 SF with 2 bedrooms, 3 baths)

2008 SALES vs. 2007 SALES in AVIARA

Detached Homes:

• 54 sold in 2008 vs. 50 sold in 2007 (up 8%)
• Average sales price in 2008 was $832,585 (down 15% from $979,816, 2008)
• Average $/SF was $312 vs. $341 in 2007

Attached Homes:

• 17 sold in 2008 vs.19 sold in 2007 (down 11%)
• Average price $561,688 (down 2% from $568,126 in 2007)
• Average $/SF was $335 vs. $341 in 2007

Buyers in the Carlsbad real estate market have wonderful opportunities to acquire a home in Aviara, with historically low interest rates as of this writing. If you would like more information about this community and the housing market, please feel free to let me know.

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Subscribe in a reader

If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

The Batiquitos Lagoon in Carlsbad in the Aviara area is a treasure.

The Batiquitos Lagoon (one of 3 in Carlsbad)is a wildlife refuge where boating, swimming, and fishing are not permitted, and the bird watching is terrific. There are lots of wonderful hiking/running trails for all to enjoy while appreciating the views of the lagoon and the adjoining Aviara Golf Course of the Four Seasons Resort.

Read: Carlsbad Things to Do - Visit the Lagoons

Once a year the Batiquitos Lagoon Foundation sponsors a cleanup operation in the lagoon when folks are permitted to take kayaks out.

On September 20 and 21, from 7 am until 4 pm, for a contribution of $30 you can:

• Enjoy a 2-hour kayak adventure on the lagoon
  
• Help with the elimination of shoreline trash that can endanger shoreline birds
• Assist with the North Shore Trail habitat restoration
  

You also get one (1) raffle traffic for prizes that include a $1100 kayak (14 foot tandem Hobie Odyssey), 2 1-day REI Outdoor School Adventures, and more.

Contact the Batiquitos Lagoon Foundation for more information and to make reservations.

What a cool opportunity to enjoy one of our precious treasures and contribute to its preservation.

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If I can provide more information about Carlsbad and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360
or email me at JDowler@remax.net.

All content copyright © 2008 Jeff Dowler Carlsbad Homes and Real Estate Tidbits