“These high-end residences represent great value right now, with as much as 5,520 square feet and close-out pricing from the mid $700,000s at Clearstory, and up to 4,281 square feet and close-out pricing from the low $600,000s at Atrium,” explained Cynthia Monaco, director of sales and marketing for Davidson Communities. “Prospective homebuyers have the added incentive of current tax credit opportunities and historically low interest rates.”
State and federal tax credits for up to $18,000 for eligible new-home buyers were recently announced. The California tax credit offers up to $10,000 to buyers who close escrow on a newly built, previously unoccupied home before March 1, 2010, first-come, first served. California has allocated $100 million, so buyers are encouraged to act quickly to take advantage of the limited-time program. The federal tax credit of $8,000 is offered to first-time buyers with an annual income of $75,000 for an individual and $150,000 for dual filers. Buyers must close escrow by Dec. 1, 2009.
“Our sales counselors are available to educate prospective buyers on how to truly take advantage of the market,” said Cynthia Monaco, director of sales and marketing at Davidson.
Davidson’s one-and two-story opulently appointed residences at Clearstory range from 3,789 to 5,520 square feet and boast four to eight bedrooms, 4.5 to 5.5 baths and garages ranging from a two-car plus motor court to a split three-car garage. Designed by R. Douglas Mansfield Architect, the homes reflect Spanish Colonial and Mediterranean-
Atrium at EastLake Vistas features estate-like residences ranging from 3,750 to 4,281 square feet and with four to five bedrooms, 4.5 baths and up to three-car garages. The spacious homes showcase some of the most unique architecture and upscale interior amenities available anywhere in South County. All of the homes currently available at Atrium are located in highly desirable cul-de-sacs. Pricing for the final three homes available starts in the low $600,000s. For more information about Atrium, call 619-397-0654.
Davidson has earned the respect of California consumers since 1978. Headquartered in Del Mar, Davidson is currently building new homes in Del Sur, the Estates at StoneBridge, La Costa Greens, Rolling Hills Ranch and Eastlake Vistas. Information is available online at www.davidsoncommunities.com.
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