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2018

Lennar Homes acquires a 2.22-acre site luxury coastal site in the supply-constrained Mission Beach market of San Diego, California.

By December 7, 2018May 26th, 2021No Comments
News Release

Lennar Homes acquires a 2.22-acre site luxury coastal site in the supply-constrained Mission Beach market of San Diego, California.

December 7, 2018
Irvine, CA
Lennar Homes of California (NYSE: LEN) closes escrow on Bayside Cove, a luxury 59-unit community located along Mission Boulevard that is approximately 100 feet from San Diego Bay and less than 500 feet from Mission Beach.
Bayside Cove will consist of 12 interlocking townhomes across three buildings just south of Santa Barbara Place and a combination of 47 attached and detached interlocking townhomes north of Santa Barbara Place.
Residents will be able to select from 13 distinctive floorplans ranging in size from 1,177 to 1,571 square feet and with two to three bedrooms and two to three-and-a-half baths. All luxury townhomes will feature front patios to take advantage of the ultimate indoor/outdoor lifestyle. The coastal community will also feature a neighborhood park with a shaded patio area. 
Mission Beach spans nearly two miles of oceanfront and is bounded by the San Diego River estuary to the south, Mission Bay Park to the east, and the community of Pacific Beach to the north. With nearby Interstates 5 and 8, residents have excellent regional access to the greater San Diego metro area. Bayside Cove is minutes from Sea World San Diego and less than seven miles from downtown San Diego and the San Diego International Airport. 

“The 59-unit luxury community will command a premium within a supply-constrained Mission Beach market that currently has three months of inventory left. Residents of Bayside Cove will live within the coveted coastal market known for its walkability and direct access to famed beaches, shopping, and dining.”

Marc Kleiman
Principal, Province West