Cadence Park - Great Park

[Maserson]

Found these at the Cadence playground. Adagio and Encore price lists and site map.

Lennar bumped Adagio's "approximate" pricing by $100k compared to the initial price list posted in March!

Encore map shows Lots 25, 26, 53 and 54 are the ones to shoot for.

 

[Rizdak]

Article yesterday on re-approving the cemetery at its original site, or moving it to Option C - a site outside Irvine. How many year(s) will this take to resolve?
https://voiceofoc.org/2018/06/new-plans-for-an-oc-veterans-cemetery/

Irvine City Councilman Jeff Lalloway said Monday he will ask the City Council to approve Orange County?s first veterans cemetery in its original site near the center of the Marine Corps Air Station El Toro after voters overwhelmingly rejected a land swap that would have moved it to strawberry fields near the 5 and 405 freeways.

[However...]

?There is a site that Supervisor Spitzer has been working on ? that isn?t in the city of Irvine ? that is a financeable site,? Wagner said. ?If Irvine isn?t the place, let?s find a place that works. It?s sad. I thought Irvine would be the place.

?One of the reasons I approved of the swap is that it was never a realistic site given all the work that needs to done and the all the expenses ? the Feds need to come up with the money, the State needs to come up with the money,? said Wagner. ?We have a $6 million budget deficit that we need to close.? 

 

[irvinebullhousing]

Article yesterday on re-approving the cemetery at its original site, or moving it to Option C - a site outside Irvine. How many year(s) will this take to resolve?
https://voiceofoc.org/2018/06/new-plans-for-an-oc-veterans-cemetery/

Irvine City Councilman Jeff Lalloway said Monday he will ask the City Council to approve Orange County?s first veterans cemetery in its original site near the center of the Marine Corps Air Station El Toro after voters overwhelmingly rejected a land swap that would have moved it to strawberry fields near the 5 and 405 freeways.

[However...]

?There is a site that Supervisor Spitzer has been working on ? that isn?t in the city of Irvine ? that is a financeable site,? Wagner said. ?If Irvine isn?t the place, let?s find a place that works. It?s sad. I thought Irvine would be the place.

?One of the reasons I approved of the swap is that it was never a realistic site given all the work that needs to done and the all the expenses ? the Feds need to come up with the money, the State needs to come up with the money,? said Wagner. ?We have a $6 million budget deficit that we need to close.?

Lalloway going to ask the three council members to approve the original site, when they already agreed the swap is best.

Yup, nothing will happen here. It will drag out for years. If not forever.

 

[IHS3000]

Chorus models opens on June 23 with food and photos ops.

?priced from the low $700,000s, these single-family homes come in two plans, single-level easy or three-story spacious. Three distinctive elevations...?
https://www.greatparkneighborhoods.com/news-and-events/event/model-home-collection-grand-opening

Well, that was quick...It appears Lennar changed the Evoke development to a new name. The new name is Chorus.
https://www.lennar.com/new-homes/ca...eat-park-neighborhoods/chorus-at-cadence-park

 

[IHS3000]

Irvine Housing Blog updated their site with a new review and many photos of Cadence Park?s amenities:

http://www.irvinehousingblog.com/2018/07/06/great-park-neighborhoods-cadence-park-overview/

?Cadence Park is now open in the Great Park Neighborhood. Located east of Beacon Park, this newest enclave will have 14 different home collections. The neighborhood is bordered by Irvine Blvd on the north side, Pusan on the east, Cadence on the south, and the Upper Bee park area on the west. An 8-acre park sits in the center of the Cadence Park neighborhood and the new K ? 8 school is just south of it. Residents will have access to all of the Great Park Neighborhood facilities, including pools, parks, clubhouses, sports courts, and more. HOA dues will be approximately $215 per month at buildout for the Great Park Neighborhood Association...?

 

[IHS3000]

After several months, KB Homes finally updated their website with Prado at Cadence Park prices:

Prado will offer three different condos which range from 1,733 sq ft to 2,766 sq ft.

Prices range from $828,880.00 to $1,048,880.00

The Prado models will open this weekend.
https://www.greatparkneighborhoods.com/news-and-events/event/prado-by-kb-home-model-grand-opening

Muse models at Cadence Park opened last week, so only  Lyric, Duet and Cabaletta are the only models which are not open at Cadence Park yet.

Great Park Neighborhoods website now has Cadence Park home details for models from Lennar, Richmond American, KB, K Hov and Tri Pointe.
https://www.greatparkneighborhoods.com/homes

KB?s Prado?s floor plans for Cadence Park are attached below. Prado will offer three different condos which range from 1,733 sq ft to 2,766 sq ft.

It appears that KB Home?s Prado at Cadence Park is a detached condo community of 87 units.
https://sites.google.com/iusd.org/cadence-park-k-8/enrollment
https://www.greatparkneighborhoods.com/homes/prado

The GPN website now has some updated images of some Cadence Park homes including KB Home?s Prado:
https://www.greatparkneighborhoods.com/homes/
https://www.greatparkneighborhoods.com/homes/prado

Photos for Prado are attached.

 

[irvinehomeowner]

I'm not liking this paradigm of attached 3 story housing.

 

[akkord]

I'm not liking this paradigm of attached 3 story housing.

I'm in your camp...no one likes 3 story buildings, wasted space, too many stairs for the older generation and toddlers/young kids.  Bringing up a ton of stuff from Costco sucks if your living area is on the 2nd floor.  They are hard to sell too when you realize you've made a horrible decision.

 

[irvinebullhousing]

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

 

[akkord]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

 

[irvinebullhousing]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

But it still selling. Otherwise, they would not build more of the same type.

 

[Happiness]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

But it still selling. Otherwise, they would not build more of the same type.

Only first time homeowners will buy 3 story condos and there are a lot of those people. I'll bet anyone who has ever lived in a 3 story condo will never, ever, live in one again.

 

[Kings]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

*when builders got greedy

 

[irvinebullhousing]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

But it still selling. Otherwise, they would not build more of the same type.

Only first time homeowners will buy 3 story condos and there are a lot of those people. I'll bet anyone who has ever lived in a 3 story condo will never, ever, live in one again.

And that's is the market they are targeting. Current owners would not give up their homes given the tax, mortgage rate that locked in (hopefully at a great rate.)

 

[Mety]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

But it still selling. Otherwise, they would not build more of the same type.

Only first time homeowners will buy 3 story condos and there are a lot of those people. I'll bet anyone who has ever lived in a 3 story condo will never, ever, live in one again.

Yes. The reason they keep building these is because they are selling.
LA and SF have ton of those and you would be lucky to get one under $1m.
If I was single and still in 20s, I wouldn't mind buying one either. This type of home has a specific target from the marketing strategy. You would buy if you are younger or if you are tight on a budget. Most likely a first time home buyer will fall into that category. Also I think people from Asia might be used to those stairs so the builder could potentially had that in mind as well. 

 

[Mety]

Bad route to go...of all the people I know personally or friends of friends that are younger (late 20s) none would want to buy a 3 story attached condo.  They would rather pay the extra for a traditional "Irvine" detached home with less of a yard than to be in a 3 story monstrosity.  There were a few 3 story in BP, but there were a lot more traditional homes, Parasol is when it got bad.

I'm not liking this paradigm of attached 3 story housing.

Attached, 3 floors, little yard space. This is what going in GP at Beacon. And in many of the TIC hoods. This elevate and separate traditional homes with large yard further in term of aesthetic and price.

But it still selling. Otherwise, they would not build more of the same type.

Only first time homeowners will buy 3 story condos and there are a lot of those people. I'll bet anyone who has ever lived in a 3 story condo will never, ever, live in one again.

Yes. The reason they keep building these is because they are selling.
LA and SF have ton of those and you would be lucky to get one under $1m.
If I was single and still in 20s, I wouldn't mind buying one either. This type of home has a specific target from the marketing strategy. You would buy if you are younger or if you are tight on a budget. Most likely a first time home buyer will fall into that category. Also I think people from Asia might be used to those stairs so the builder could potentially had that in mind as well.

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

 

[bones]

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

Agree.  Maybe the plan 1 can be argued as one but at $810K + upgrades + hefty MR bill..... it quickly becomes not.
And who's buying a 4/4 2766SF attached 3-story home?

 

[irvinebullhousing]

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

Agree.  Maybe the plan 1 can be argued as one but at $810K + upgrades + hefty MR bill..... it quickly becomes not.
And who's buying a 4/4 2766SF attached 3-story home?

Isn?t that the price for a 3bedroos condo nowadays?

 

[bones]

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

Agree.  Maybe the plan 1 can be argued as one but at $810K + upgrades + hefty MR bill..... it quickly becomes not.
And who's buying a 4/4 2766SF attached 3-story home?

Isn?t that the price for a 3bedroos condo nowadays?

Sorta. You can get 3 beds in Woodbury for low $800k upgraded/landscaped without the hefty MR and the third floor. I?m going to assume the buyer of these homes are couples starting a family or with very young kids. Where?s the second kid gonna sleep?  On the first floor next to the garage, two floors away from their mommy?

 

[kbinteriordesign]

I'm sorry. After looking in to these homes more. THAT price is NOT a first time home buying price.

You took the words right out of my mouth, or rather, my fingertips. However, I would really like to know who is buying these properties!

I'm curious about the Residence 2 with the detached garage -- so, where is the garage located? If you think hauling groceries up a flight of stairs is bad, imagine having to haul them from the outdoors when it's super hot or raining!

I can see how those floor plans may work for some people, perhaps those with roommates or extended family living with them. There's a bright side to everything, right?