Great Park Neighborhoods
- Thread starter kayochan
- Start date
NEW -> Contingent Buyer Assistance Program
One weekday afternoon I was going up Jeffrey and I couldn't believe how crowded it was. Is this how it is regularly now that Woodbury is built out and Stonegate is almost halfway there? Sand Canyon seems to be crowded too (but there is that railroad overpass construction there).
They plan to build a pedestrian bridge across Irvine Blvd to connect PP (pavillion park) to GP (great Park).
This whole area will have tons of bridges. JOST will have several pedestrian bridges. Whatever happened to the pedestrian bridge across the 133 connecting WBE (woodbury east) to GP?
I'm too lazy to search for it. Who knows the estimate formula converting MR into the home price?
It would be good to make similar comparisons of GP vs TIC products that incorporates the varying MR costs.
In retrospect, those early buyers of LR (lambert ranch) had a damn good deal for those large home--no MR, gated, IUSD, all SFR. Then add in all the RE price appreciation in the last 2 years.... cha ching.
So there is something to be said about getting a deal in LR.
Chairman
New member
Irvinecommuter
New member
We went out the first weekend (crazy amount of people and super hot) and then went back again this past weekend just to check out the places we didn't get to.
Most of the designs were pretty meh...however there is serious value to be had in the higher end home. My favorite was Rosemist...great layout, a lot of yard, and a 3 car garage for less than $1.1 million. Currently zoned into great Irvine schools. Blows plans like Arcadia out of the water as far as value.
I really wonder how much the military base thing will affect property values in the future.
There are some drawbacks though:
Traffic is going to be bad...everyone is going to try and get on Sand Canyon or the 133...so far one way in and one way out of the area
Being next to the 133 is not great
Too far away from any retail space. I know they are going to open one up somewhere around there but they said that about PS as well.
Most of the designs were pretty meh...however there is serious value to be had in the higher end home. My favorite was Rosemist...great layout, a lot of yard, and a 3 car garage for less than $1.1 million. Currently zoned into great Irvine schools. Blows plans like Arcadia out of the water as far as value.
I really wonder how much the military base thing will affect property values in the future.
There are some drawbacks though:
Traffic is going to be bad...everyone is going to try and get on Sand Canyon or the 133...so far one way in and one way out of the area
Being next to the 133 is not great
Too far away from any retail space. I know they are going to open one up somewhere around there but they said that about PS as well.
PP is on the other side of PS in relationship to the landfill. The same distance as Stonegate is to the landfill. It wouldn't concern me. Some homes will be right next to the toll road, those lots suck. Others will further and you won't hear the road noise. Woodbury Town Center is right there...you want more?
irvinehomeowner
Well-known member
We talked about this too.Irvinecommuter said:
One weekday afternoon I was going up Jeffrey and I couldn't believe how crowded it was. Is this how it is regularly now that Woodbury is built out and Stonegate is almost halfway there? Sand Canyon seems to be crowded too (but there is that railroad overpass construction there).
iacrenter
Well-known member
yaliu07 said:
They plan to build a pedestrian bridge across Irvine Blvd to connect PP (pavillion park) to GP (great Park).
This whole area will have tons of bridges. JOST will have several pedestrian bridges. Whatever happened to the pedestrian bridge across the 133 connecting WBE (woodbury east) to GP?
iacrenter
Well-known member
Irvinecommuter said:
I'm too lazy to search for it. Who knows the estimate formula converting MR into the home price?
It would be good to make similar comparisons of GP vs TIC products that incorporates the varying MR costs.
In retrospect, those early buyers of LR (lambert ranch) had a damn good deal for those large home--no MR, gated, IUSD, all SFR. Then add in all the RE price appreciation in the last 2 years.... cha ching.
irvinehomeowner
Well-known member
Me too... oh wait... that doesn't stand for Ladera Ranch.NYT said:iacrenter said:
Yup, I'm quite happy with my LR purchase.
irvinehomeowner
Well-known member
While that may true, with the price run-up, location aside, house-wise you got more for $1m in LR than you do now in CV... and while you get maybe equal or a bit more in GP, you have to pay ~$7000 in MRs every year.Tyler Durden said:
So there is something to be said about getting a deal in LR.
thedude111222
New member
I'm lazy and don't feel like looking it up...what are HOA and gate fees in Lambert?
Also If I'm comparing the upper tier houses of GP and LR, I think I'd take GP. Wasn't too impressed by Lambert. Even at the more affordable levels, I'd take that single level at Hawthorn over a lot of others.
Also If I'm comparing the upper tier houses of GP and LR, I think I'd take GP. Wasn't too impressed by Lambert. Even at the more affordable levels, I'd take that single level at Hawthorn over a lot of others.
irvinehomeowner
Well-known member
Yes... I understand the time difference and price appreciation.
Even back then, what you could find new from TIC for $1m was a bit subpar to LR... AND you had to pay MRs (again, location issues aside). It's why LR sold so quickly compared to other TIC properties.
Fast forward to now and that difference is more pronounced.
I'd like to see what happens with Portola Springs. Roughly the same location, both have MRs, but GP has better product (in my opinion) so I think it will move faster than PS.
Even back then, what you could find new from TIC for $1m was a bit subpar to LR... AND you had to pay MRs (again, location issues aside). It's why LR sold so quickly compared to other TIC properties.
Fast forward to now and that difference is more pronounced.
I'd like to see what happens with Portola Springs. Roughly the same location, both have MRs, but GP has better product (in my opinion) so I think it will move faster than PS.