Home for Sale at 2864 Gate Seven, Chula Vista, CA 91914

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2864 Gate Seven
Chula Vista, CA 91914

Ken Nagel with Salas Properties, original listing - (619) 905-5780

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Property Details

List Price:	$5,750,000
Beds:	7
Baths:	Full: 6, ½: 4
Status:	Active
SqFt:	7093 Square Feet
Agency:	Salas Properties
Agency Phone:	(619) 905-5780

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Description/Comments

Lot Size:	0 sqft
Garage:	Garage
Property Type:	Residential-Other
Year Built:	2020
Notes:	Your sprawling oasis located within the secluded Gates at the Woods community awaits you. This California Contemporary 7,093 sf 2020 built gem with 6 bedrooms, 10 bathrooms, maids quarters, gym, and den effortlessly creates the ideal indoor/outdoor living experience with magnificent glass sliders, two heated covered patios, multiple outdoor tv's, full bbq, in-ground pool with hot tub, half-sized basketball court, putting green, golf simulator, two outdoor powder rooms, expansive turf areas, and exquisite landscape. Luxurious finishes include pristine porcelain flooring on the 1st floor, beautiful hardwood floors on the 2nd floor, custom cabinetry, and gorgeous quartz throughout. The 1000 sf master bedroom retreat wing includes a 250 sf dual walk-in closet and immaculate 295 sf bathroom featuring a soaking tub and massive shower with multiple rain showerheads and steamer. No expense was spared for this custom smart home that includes Thermador appliances, Kohler fixtures, power shades, multi-zoned heating and air-conditioning, whole house audio and entertainment system, central vacuum system, security cameras, and 50 solar panels all that can be controlled with your phone. Make this entertainer's paradise your new home today.
MlsNumber:	--
ListingId:	260006475

Listing Provided By:	Salas Properties, original listing
Phone:	(619) 952-4486
Office Phone:	(619) 905-5780
Agent Name:	Ken Nagel
Disclaimer:	Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

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