Buying a Home in San Diego: Rancho Peñasquitos
Rancho Peñasquitos is a town-sized community located in northeastern San Diego that’s perfect for anyone who wants to raise a family within the city limits. Its excellent schools, easy access to the outdoors and famous holiday spirit make Rancho Peñasquitos a great place to live for kids and adults alike.
Rancho Peñasquitos means “little crags” in Spanish, and the community certainly lives up to its name. It shares a border with the Las Peñasquitos Canyon Reserve, a 4,000-acre expanse of pristine desert habitat and one of the largest urban parks in the country. The canyon offers hiking and climbing for the active enthusiast as well as a spectacular view at sunset.
The canyon isn’t the only way to get outside in Rancho Peñasquitos. There are four other public parks in the neighborhood, as well as a skate park and multiple athletic fields.
Rancho Peñasquitos is more than an urban nature preserve, though. It’s also one of the most festive communities in San Diego. The community holds the Fiesta de los Peñasquitos street fair on the first Sunday of every May, has a great fireworks display on the Fourth of July and, in the winter, transforms itself into Christmas Card Lane – a community-wide display of lights and decorations that’s considered one of the best in all of San Diego.
Nearly 55,000 people call Rancho Peñasquitos home, and its residents range from young couples to established professionals. Because of this variety, you can expect a lot of choice when looking to buy a home in the neighborhood. Houses start as low as $159,000, but they can sell for nearly $1 million if your budget is big enough. There are a few foreclosures in this neighborhood, and you should consider them prime San Diego real estate.
Whether you want to raise a family in San Diego or just relocate the one you have, you can’t go wrong with Rancho Peñasquitos.