One of the upscale gated communities in the city of La Jolla is the Blackhorse community. Homes in this neighborhood are currently start at $935,000 for a two bedroom with 2,174 square feet that was built in 1989. One of the main disclosures when buying in this neighborhood is that homes are currently under a land lease that expires at the end of November 2051 according to one of the listing agents who has sold in the Blackhorse community. She also communicated on her listing supplement that "The Association has a lease committee in active dialogue with UC Trustees to extend the lease." Real Estate prices are viewed as very good values for being so close to the beach and the University of California for the 121 homes that are located here.
The community was built in 1989 by Davidson Homes who wanted to build a community with classic Spanish and Mediterranean design features. All the homes in the Blackhorse community were recently repainted by the homeowners association as well as new landscaping. Homeowners association dues currently run $430.00 a month. The neighborhood has an agreement with the nearby Estancia hotel to use their services for a fee that includes a nice pool and fitness center. The fee is paid on a yearly basis and also includes reduced rates for Estancia restaurants and Spa services. The location is one of the biggest selling points with a short distance to Torrey Pines golf course, Torrey Pines Bluffs, the beach and the USCD campus. For further information on this community please contact our La Jolla Real Estate agents at 858-200-7562.
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Listing information last updated on September 15th, 2019 at 1:31am CDT.