The Harbour Vista community in Huntington Beach has been offering some of the lowest priced condos for sale in the past years. One bedroom condos are now selling in the $190,000 range and two bedroom units start at $289,000. Sometimes when things are too good to be true there always seems to be a catch. One of the important things to understand when buying in this community is that the homes are located on leased land. There is also a homeowners association dues that are paid on a monthly basis and average around $421.00 a month. What you get for the monthly due is a large community pool area, spa and outdoor barbecue area.
The land lease is a little tricky to understand. There is a website for the Harbor Vista News that gives a breakdown of how all of this works. It basically states that the lease will expire on 08-31-2016 and then the owner has the option to renew for an additional 15 years if given written notice 6 months prior to the lease expiration date. Monthly lease dues typically average $220.00 a month. Since the lease expiration comes in a relatively short time getting a loan in this community can be a little difficult. Some lenders are doing a 15 to 20 year loan while other agents prefer cash offers. It's crucial to understand that even though you can buy a condo for under $200,000 you will have a monthly combined homeowners association and lease land fee the equals $641.00 a month. This is a big number for a lot of people who can afford a $200,000 home.
To learn more about this community please feel free to contact us at 949-482-1313. We will do our best to answer any questions regarding the Harbour Vista neighborhood.
Huntington Beach 16542 Blackbeard Lane 202
Modern second floor condo close to the beach! This ultra chic condo boasts a fireplace, a laundry room (washer/dryer included), a large deck for BBQs, and a very modern kitchen for entertaining. Appliances and washer/dryer included. One large master bedroom and one smaller master bedroom, both with their own attached bathrooms, complete the look. One detached car garage is included along with an assigned parking spot. Unit is near elevator and stairs. The complex exudes a peaceful feel...$319,000
Huntington Beach 4861 Lago Drive 304
TOP FLOOR ONE BEDROOM HOME WITH HIGH CEILING, LUXURY VINYL FLOORING. REMODELED KITCHEN AND OPEN AIRY PATIO FOR BBQ. BEAUTIFUL SUNSET VIEWS FROM THE PATIO. THE MASTER BEDROOM IS LARGE WITH A SLIDING DOOR TO THE PATIO. THE HOME FEATURES A WALK-IN CLOSET, FIREPLACE AND SEPARATE LAUNDRY ROOM. THE ELEVATOR IS STEPS FROM THE DOOR. THE HARBOUR VISTA COMPLEX HAS RUNNING CREEKS, TWO POOLS, TWO SPAS, A CLUBHOUSE, VOLLYBALL AND BASKETBALL COURTS. ONE DETACHED CAR GARAGE AND AN ASSIGNED PARKING SPOT INCL...$269,900
Huntington Beach 4791 Lago Drive 305
Top level with cathedral ceiling in living room and bedroom with bamboo floors. Plenty of kitchen cabinets, pantry, broom closet and with separate laundry room that has washer/dryer hookups for gas dryer. Gas fireplace in living room. Nice size balcony that faces north, Central heat off central boiler system recently replaced. Heat, water and hot water paid by the HOA. Open floor plan gives the open feel. Complex with stream and pond currently occupied by a few ducks.Gated community with elev...$239,000