in our area, coastal South Orange County, California, home costs are driven by proximity to the ocean. Down to the 1/100th of a mile, quite literally. And desirability follows, as you might imagine.
I love it here, and can not imagine any circumstance that would take me further from the ocean than I am now, which is approx 1 & 1/4 mile. We are within easy reach of pretty much everything, and can walk to several restaurants, a small market, and of course, the ocean. We are also surrounded by hills and a good amount of designated Open Space, where hiking and mountain biking trails are plentiful, as are paved or designated road bicycle lanes in the flatter, more densely populated areas.
Took $2 million to get here in 2023, a 2700 sq foot home on a small lot, so if we ever change our minds we have plenty of options- go smaller and closer, or further away and bank some equity, but for now we're staying put.
We used Prop 19 to transfer our prior tax base, so we're not remotely close to 1% of purchase price, the normal property tax assessment at purchase.
There are more fun things to do in the area on any given day than we have energy. It's not what I'd call a quiet and peaceful location as compared to where land is still wide open, but man is it fun.