As the owner of a newer home in the area, you'll put yourself as the Boardwalk/Park Place property on the block. When it comes to resale, that can effect your value and time on the market. Just as you will bring up your neighbor's home value because your home is more expensive, they will bring down your value because they are less expensive.
In my opinion, that is a good area because the neighborhood right next to you has hew homes selling over $1Million. Also, in December of 2006, a real estate investment trust bought the Casa Linda shopping center and have plans to upgrade the center.
Please let me know if I can be of any more help.