DEL MAR |
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Del Mar
Real Estate
Located 20 miles north of
downtown San Diego, the beach community of Del Mar stretches from the Torrey
Pines Nature Reserve along the Pacific to Solana Beach and east to Del Mar
Heights and Carmel Valley. Most of the homes are found less than a quarter mile
from the beach. In the area around the village of Del Mar (west of I-5),
housing principally comprises custom homes in a variety of styles and
condominium complexes along the beachfront. As Del Mar’s geographic area is
limited, there is little new development in the village, though the Del Mar
Heights subdivision, east of I-5, has seen spectacular growth in the past five
years.
Del Mar’s main street,
Camino del Mar, is lined with shops and restaurants. In the summer, tourists by
the thousands come for the Del Mar Fair and the racing at the Del Mar
Racetrack. A large number of the apartments and condominiums are rented for the
summer race season at extremely high rates, making Del Mar a high-quality
investment opportunity. As with
most of Southern California, property prices have increased dramatically in the
area, with most single-family homes now exceeding $1 million.
Together, the
Del Mar Village Association and the City of Del Mar have undertaken a downtown
revitalization project to make the area even more appealing to businesses and
residents. The schools in the area are some of the best in California and the
beaches are known worldwide for their scenic beauty.
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