Frequently Asked Questions
What are the HOA dues and what does it cover?
The HOA fee will be available in June 2022. The HOA fee will cover your front yard maintenance, street, sidewalk and common/landscape area.
What is the school district?
Ocean View Terrace lies within the San Diego Unified School District.
Walter Porter Elementary School (K-5)
Harley E. Knox Middle School (6-8)
Lincoln Senior High School (9-12)
What is the earnest money deposit?
The Earnest Money Deposit is $5,000. This deposit reserves your lot once reservation opens.
Is it refundable?
Yes. Prior to signing the purchase contract, you can cancel your reservation and be refunded at any time. Once the purchase contract is signed, you have up to 30 days from the date of signing to obtain an conditional loan approval from a lender. If you are unable to obtain loan approval, your deposit will be refunded.
How many homes will be in the Ocean View Terrace?
There will be 19 single family townhomes with 2 different floor plans ranging from approximately 1,420 – 1,500 sq. ft. with attached 2 car garage
Can we customize our home?
In order to offer a quality product at an affordable price we do not offer upgrades and personalizations at this time.
How long will it take for my home to be complete?
Once construction commences on your home it typically takes 40 weeks to be completed and move in ready.
Will my home have a warranty?
Yes. There is a 10-year structural warranty and a 2-year maintenance warranty. The first-year qualified repairs are covered by the builder.
Do you have other communities and home buying opportunities?
Yes. In addition to current projects, we also have several developments coming in the future. To see prices of our other communities, visit us at Neighborhood Real Estate.