SMOKETREE ADOBE FALLS (010052): 5691 Adobe Falls Road, San Diego, CA 92120
- Bedrooms: 2-3
- Bathrooms: 2
- Price Range as of Dec 2014: $325,000-$400,000
For assistance with a condo approval project, contact VA Home Loan Centers at 888-573-4496.
Spanish for “of the hill,” Del Cerro is a hilly neighborhood of 2,300 residents. Located in the eastern section of San Diego, the neighborhood is bordered by the Allied Gardens, Grantville and San Carlos communities. Adjacent to Lake Murray and San Diego State University, the commercial center of Del Cerro contains a Windmill Farms, Chevron Station, fitness spa and multiple professional services. The Smoketree Adobe Falls Condominiums, situated on Adobe Falls Road are down the street from five restaurants, a gas station, a bank and two grocery stores. Two to three bedrooms, two bathroom units are found in the complex. Condos range in price between $325,000 and $400,000. Units are priced below the citywide average of $472,200. Current market estimates predict that Del Cerro home values will increase by nearly two percent in 2015. The increase may be attributable to the number of foreclosures in Del Cerro. Presently, the neighborhood has 54 percent fewer foreclosures in the sale process than the citywide average.
Built in 1983, Smoketree Adobe Falls are spacious condos. Three bedroom units are approximately 1,368 square feet. The complex is home to 100 units. Monthly HOA dues are $400. Fees include cable television services, water, trash pickup, exterior building maintenance, common area maintenance, and limited insurance. Nicely landscaped, with ample green space, on a quiet, dead-end street, Smoketree Adobe Falls is a child-friendly complex. Six schools are in the attendance area of the property. Henry High School, Lewis Middle School, and Hearst Elementary School are in walking distance. The ample grass is also ideal for dogs, the HOA allows for the ownership of pets. Additionally, the Grantville neighborhood park, a great place to take a dog is not too far away. Amenities provided to residents include a barbecue area, pool, and spa.
Condos have access to small yards and patios. Parking is provided in two car garages. Garages include a washing machine and dryer as well. Additional parking can be found on the street.
Close to the 8 freeway, Smoketree Adobe Falls is minutes to Fashion valley and Mission valley shopping/restaurants, 15 minutes to the beach and downtown, and nearby to Lake Murray and Mission Trails Regional Park. Mass transit options can be found in the neighborhood as well. The area has a transit score of 46 out of 100, and the SDSU transit center is accessible. The green line of the trolley operates out of this station, as do bus routes 14, 115, 856, 936, 955, 11, 15 and 215. The 32nd Street naval station is 10 miles away, the MCRD is 10 miles away and Camp Pendleton is 40 miles away; allowing military residents an easy commute.
