Take a touch of the glamour of Hollywood’s Golden Age, combine it with elements of the French Riviera, and you start to get a sense of the community of Del Mar.
This cozy seaside community twenty miles north of San Diego is a rare gem both in the state of California and the country as a whole, so it’s no surprise the homes of Del Mar of coveted by many.
Discover what makes this unique community so special, as well as a great place to establish a forever home in this list of five reasons why Del Mar is a fabulous place to be in 2020 | 2021.
Here's a quick rundown of our list:
- Reason 1 - Village feel with an international reputation
- Reason 2 - Valuable real estate investment opportunity
- Reason 3 - Convenient to amenities
- Reason 4 - Year-round events with a long-established history
- Reason 5 - A range of delights for outdoors lovers
Reason 1 - Village feel with an international reputation
With only around 4,500 residents, Del Mar isn’t so much a city as it is a village with only one neighborhood of which to speak. It’s also built in such a way so as not to even require a car to get around town.
Del Mar Village itself dates back to the 1880's, when Colonel John Taylor determined it would be the perfect spot for those looking for a bit of seaside rest and relaxation. By the 1910's, movie stars in the burgeoning film industry realized how right his instinct had been and began flocking to the spot. Its Tudor-style architecture continues to create a quaint feel and host a number of one of a kind boutiques and eateries.
The construction of the Del Mar Fairgrounds drew residents from around the region thanks to its hosting of the San Diego County Fair starting in 1936, which grew to become the sixth largest county fair in the United States today. Movie star Bing Crosby helped further popularize the spot with his Del Mar Thoroughbred Club and the Del Mar Races, an annual extravaganza that continues to this day.
Reason 2 - Valuable real estate investment opportunity
Within the last decade, real estate in Del Mar has appreciated more than eight percent, which may not seem like much in San Diego’s booming market, but when a place starts as one of the most expensive communities in the nation, there’s only so far, so fast you can go.
The median home value, according to Zillow, is $2,552,900, and the housing market is rated as “somewhat competitive” by Redfin. Homes for sale typically receive two offers and go pending in around sixty-four days. Before you get scared off by the list price, though, keep in mind that most sell for around six percent less than list.
The thing about buying in Del Mar, though, is that it’s anything but a cookie cutter community with the kind of vibe very few other places in the world possess. Isn’t that worth the investment?
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Reason 3 - Convenient to amenities
As if its unique character and seaside location aren’t enough, it also hosts everything a shopping fanatic could desire.
Del Mar Highlands Town Center features two levels of retail, restaurants, and luxury cinemas, plus a host of fountains (including a splash option for the kids) and a fire pit, perfect for a date night outing or a visit with the family.
The elegant Del Mar Plaza delights the upscale shopping crowd with a space overlooking the Pacific Ocean, views best appreciated by its terraces and sculptures. Patrons can also enjoy wine tastings, concerts, and high-end eateries sure to delight the palate.
Golfers savor the close proximity of The Grand Golf Club at the Fairmont Grand Del Mar, the only course designed by Tom Fazio and which takes full advantage of its gorgeous surroundings year-round. The Fairmont Grand Del Mar also offers a luxurious spa experience for those prefer massages and masks to clubs and greens.
Reason 4 - Year-round events with a long-established history
Summer draws those from around the region to Del Mar, particularly when it comes to the large events it hosts.
As earlier mentioned, Del Mar is host to the San Diego County Fair, which takes place between mid-June and early July, the city’s oldest event. July through Sept is also when the Del Mar Races take place. The annual Summer Solstice celebration occurs on the third Thursday of June, complete with live music, food, and drink to laud the season.
September brings both the Taste of Del Mar and Kaaboo Del Mar. The Taste highlights the exception food available in the area, while Kaaboo Del Mar is a music festival that breaks the mold. Comedy, art, and music await festival goers, and locals enjoy all the action close to home.
Reason 5 - A range of delights for outdoors lovers
As if simply being on the ocean wasn’t enough of a lure for potential homeowners, Del Mar offers a whole host of experiences for residents to enjoy year round.
Del Mar City Beach is one of San Diego’s best, bordered by Powerhouse Park — a green space with amenities and great places to picnic — on the south and the lagoon where the San Dieguito River meets the ocean in the north.
Los Peñasquitos Canyon Preserve offers 4,000 acres of natural areas for hiking and biking where park goers can enjoy the sights and sounds of 175 bird species and take classes to hone your tracking and naturalist skills.
Although the price tags may be high, the rewards of choosing to make Del Mar home in 2020 | 2021 are many.
If you have questions or would like to find out more information about the Del Mar real estate market, please contact me, and I’ll be able to help.
Leave me a comment below – or, call/text me at (760) 297-4539
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