Millineum Housing

660 Newport Center Drive, Suite 1020 | Newport Beach, CA 92660

(949) 515-5100 | (949) 515-5101 fax

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Palomar West is a beautiful, 5-Star, 474-space community for persons over 55 years of age. Covering 74 acres, Palomar West is the second phase of the impressive Palomar Estates Manufactured Home Community located north of San Diego in the City of San Marcos.

Palomar West is one of the finest manufactured home communities in California, with very large homesites; all doublewide, triplewide or quad homes; wide streets; lush landscaping; great views. Amenities include a 7,900 square foot clubhouse/recreation center, spa, pool, two tennis courts, putting green, billiards, craft room, covered shuffleboard courts, laundry, car wash, RV parking and many other features. The Recreation Center and many of the homes have dramatic views, including glimpses of the ocean.

Palomar residents are an active group, as can be seen by reviewing The Hilltopper, the entertaining monthly park magazine. There are several clubs, well-attended social functions and many opportunities for involvement in the Palomar community. As owner we meet often with the Homeowners’ Board to determine park policies, set budget priorities and capital improvement needs. The Board alerts us to areas that need improvement and acts as a conduit for resident input.

We purchased Palomar Estates East and West in March 2003 with the help of the San Marcos Redevelopment Agency. San Marcos made a grant of $800,000 and allowed us to sell low interest tax-exempt bonds. This enabled us to bring the Millennium program to Palomar, as follows:

• Palomar Estates will remain an over-55 community.
  
  
• We will follow San Marcos’ rent control ordinance, even if rent control is repealed by a later City Council or court. This is rent control that can’t be taken away!
  
  
• Funds are set aside each year for long-term capital replacements, so that the park can be well maintained without passing the costs to the homeowners.
  
  
• All funds remaining after paying the bills and Millennium’s asset management fee remain in the park for homeowner activities; rental assistance; additional improvements and othe items suggested in consultation with the Homeowners’ Association.
  
  
• Our residents have much greater control over their community than would be the case with a for-profit owner.
  
  
• Our management staff is trained to be problem solvers, with support from Millennium to address our homeowners’ needs.

Palomar Estates provides a highly desirable lifestyle for residents over 55 years of age at an affordable cost. Millennium’s role, working closely with the Homeowners’ Association, is to preserve and, if possible, improve upon the beautiful Palomar environment while maintaining the long-term affordability to our homeowners.