Affordable Housing Secret
The Secret to Affordable Housing!
We allow up to 15% of the units' residents to be under age 55...hurry before it's too late!
Everything you need to know about buying or selling a home in Ocean Bluffs Mobile Home Estates can be found here on our website! As the preeminent real estate professionals in our community, we are dedicated to providing the finest service available while breaking new ground.
Because the real estate industry is becoming more sophisticated and challenging every day, you need professionals that understand the industry and are positioned to stay ahead of the game. We are seasoned real estate professionals and also live in the community.
At Ocean Bluffs we offer a tranquil and quiet atmosphere where you can take a brisk walk around our community on wide sidewalks or leisurely stroll through our landscaped greenbelt area.
Ocean Bluffs MH Estates is an adult, gated community with 269 homes on 42 acres located in South San Diego.
Our temperate climate makes San Diego one of the premier places to live in the United States.
Unlike most manufactured home parks, Ocean Bluffs MH Estates was built on property originally zoned for a real estate sub-division. All roads, sidewalks, underground electrical, water and sewer were approved on the site plan when it was re-zoned for a mobile home park in 1977. So you see we are unique from conception!
Ocean Bluffs MH Estates was built with space as a primary feature. Many homes are situated on the beautifully landscaped greenbelt and, others offer unparalleled ocean views.
We are the premier five star active adult community in San Diego and offer long-term leases…own your home but rent your land. How is this affordable? If you purchase a traditional house with real estate the house usually makes up 1/3rd of the price with the real estate making up the rest…that’s 2/3rd !
Let’s put some figures to this example. The median price of a resale home in this zip code is $285,000. 1/3 of the median price is $95,000.00…in Ocean Bluffs you can purchase a 2BR, 2BA, 1,440+ sq. ft. with storage shed, 2 car covered carport parking and all the amenities available in our tranquil community for less than 1/3 of the median price of traditional real estate!
Now let’s breakdown both options:
Land-lease Home vs Traditional Real Estate
Price: $75,000 $285,000
20% Down: $15,000 $57,000
Taxes: $825yr $3,135yr
6%Mortgage $506 (15yr) $1,924 (15yr) $1,367 (30yr)
Land-lease $775 $0
Land-lease is the affordable housing for active adults! Come join us in Paradise if you qualify.
We are approximately 2 miles from the ocean and, as our name implies, we are situated on the top of a bluff.
The clubhouse features a 3-table billiard room, card room with small library, and a full-sized catering kitchen.
The main reception room is large enough to seat 200+ residents. The active homeowners association is a social entity with free membership for all residents.
Our Olympic-size swimming pool is heated year-round to a comfortable 80-82 degrees for your enjoyment. There is also a spa and sauna for those who prefer something a little warmer.
Individual shower rooms are on-site, as well as a laundry room and large ice-making machine.
There are many amenities very close by . . . supermarkets, stores, banks, cinema complexes, malls, and convenient bus stop right outside our front gate.
We go the extra mile to help you achieve your goal of owning a home in San Diego, California. Call or email today, and let us show you our beautiful community!
Remember! We allow up to 15% of the units' residents to be under age 55...hurry before it's too late!
Michael E. O'Neil, e-PRO®, ABR® , SRES®
REALTOR® Broker
Ocean Bluffs Realty
San Diego, CA 92154
Lic. No. 01212801
619-200-9513 (office cell)
