Save on closing costs and first year of HOA fees at Bayside Cove

Lennar San Diego

Lennar is excited to announce a limited time offer on new homes that are now selling at Bayside Cove. Buyers will receive one year of paid HOA fees1 plus up to $5,000 towards closing costs when financing through Lennar Mortgage2 on select quick move-in homes that sell between 01/01/21 and 01/31/21 and close by 02/26/21.

Take advantage of these special offers and the chance to live in a boutique community of luxury townhomes in a prime location within walking distance to both the beach and the bay.

“With this exclusive offer and no Mello-Roos assessments, there’s never been a better time to tour our model homes and buy a brand-new home in a prime Mission Beach location on the peninsula just a block from the beach and the bay,” said Cindy Baker, Director of Marketing for Lennar San Diego. “It’s also never been easier to explore these beautiful homes with Self-Guided Tours and Lennar guided tours available daily and by appointment only.”

Home shoppers will find 13 distinctive floorplans to choose from and two professionally-decorated model homes to tour. Sizes at Bayside Cove range from approximately 1,111 to 1,571 square feet with up to three bedrooms, three and one-half bathrooms, private decks, balconies and two-bay garages per plan.

Every home showcases Lennar’s signature Everything’s Included® program which provides features and upgrades at no additional cost. These include quartz kitchen countertops, stainless steel appliances, solar, wifi guaranteed designs with no dead spots and more – all at no additional cost.

The homes are located just a block from the calm waters of Santa Barbara Cove on one side and the Pacific Ocean on the other. Situated out on the peninsula, Bayside Cove offers a lifestyle centered around perfect summers with plenty of outdoor recreation for those who love to swim, surf, fish, boat or just lie around in the year-round San Diego sunshine. Once complete Bayside Cove will also feature amenities including a park, shaded picnic structure and a tot lot.

 
Schedule your tour today with Lennar-guided and self-guided tours available by appointment only by visiting www.lennar.com/sd or calling 858-465-6107.

About Lennar

Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar’s homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar’s technology, innovation and strategic investments. For more information about Lennar, please visit www.lennar.com.

DISCLOSURE:

1,2 Offer available on select quick move-in homes in the Bayside Cove community if buyer signs and delivers a purchase agreement between 01/01/21/ and 01/31/21 and closes and fully funds on or before 02/26/21. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include the use of designated lenders and closing agents. Offer good for a limited time only. Lennar reserves the right to change or withdraw any offer at any time

1 Twelve months of regular assessments payable directly to the neighborhood association and will be based on current budget amount for the homesite at the time of closing (approximate value $4,800). Subject payment does not include changes in budget after close of escrow. Excludes special, one time or other fees assessed/imposed by the association. Purchase agreements signed and delivered prior to 01/01/21 are excluded. Seller to pay 12-months of HOA fees that will be shown on the Closing Disclosure at closing and is subject to either 6% or 4% (depending on loan type) seller contribution limit which if exceeded will affect the maximum mortgage amount available.

2 At closing, Lennar will provide buyer a credit in an amount not to exceed $5,000 as determined on your Loan Estimate, excluding prepaids. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions.  Certain incentives could affect the loan amount.  Lennar reserves the right to change or withdraw any offer at any time.  Offer requires financing through seller’s affiliate Lennar Mortgage, but use of Lennar Mortgage is not required to purchase a home (See Affiliated Business Arrangement Disclosure). Lennar Mortgage, LLC – NMLS # 1058. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. RMLA # 4130443.

Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Plans to build out this neighborhood as proposed are subject to change without notice. Sq. ft. is estimated; actual sq. ft. will differ. Garage/bay sizes may vary from home to home and may not accommodate all vehicles.  Please see your New Home Consultant and/or home purchase agreement for actual features designated as an Everything’s Included feature. †Self-guided tours scheduled through third party service provider. Buyer is not required to use this service as a condition for purchasing a Lennar home.  This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2021 Lennar Corporation and Lennar Mortgage, LLC. All rights reserved. Lennar, the Lennar logo, Lennar Mortgage, the Lennar Mortgage logo, Everything’s Included and the Everything’s Included logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries.  Seller’s Broker: CalAtlantic Group, Inc., CA DRE Broker #02058246 (Responsible Broker: Joanna Duke). Lennar Sales Corp., CA DRE Broker #01252753 (Responsible Broker: Joanna Duke). Construction License(s): BMR Construction, Inc., CA CSLB #830955 CalAtlantic Group, Inc., CA CSLB #1037780. Lennar Communities, Inc., CA CSLB #766241 Lennar Homes of California, Inc., CA CSLB #728102. Date 01/21

Lennar Mortgage and Equal Housing

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