Hidden Canyon in Irvine

[OC-Broker]

Interesting . . . Did you request the price sheet from the sales office?

 

[irvine99]

I am thinking buying a house at hidden canyon and getting pre-qualified , etc
I am wondering if anyone know if it will be difficult to get house insurance since it is next to nature perserve area and possible potential fire hazard
Any feedback would be helpful thanks

I have already gotten a quote with Farmers. I didn't have any issues.

Where is your lot? the lot we are interested is located on the periphery of the community and back against a hill and the nature preserve  (on the side of 133 hwy) ... part of the backyard is labeled as a fuel modification zone.  I wonder whether it would a problem getting home insurance and whether there will be extra surcharge .

We are in the interior section, so not sure about the area next to the nature preserve.

 

[Oncdoc]

Interesting . . . Did you request the price sheet from the sales office?

Heard from a friend who just bought a house there

 

[happios]

Zillow advertises some of the HC homes even though they have already been sold. (probably for marketing)
You can look at the price history to get a sense of the price adjustments.

I don't know how accurate this is but here is an example of the price change for a home in the Capri collection

03/30/15 Price change $2,154,995+0.9% $460
03/25/15 Price change $2,134,995+0.5% $456
03/14/15 Price change $2,124,995+0.5% $454

 

[irvinehomeowner]

Heh... almost like deja vu.

 

[rkp]

There has been a huge influx of agents on these boards lately.  Thinking back on old IHB forum days, was that the sign of the peak? 

 

[orange_curtain]

I agree. I use to really enjoy reading this site and hearing everyone's opinions. Now its hard to have a conversation without agents pretending they are buyers. The Hidden Canyon link is a prime example. There are plenty of people on this site this that clearly work for Toll Brothers and are pretending to have all the insider information and act like they are buyers.

 

[eyephone]

I agree. I use to really enjoy reading this site and hearing everyone's opinions. Now its hard to have a conversation without agents pretending they are buyers. The Hidden Canyon link is a prime example. There are plenty of people on this site this that clearly work for Toll Brothers and are pretending to have all the insider information and act like they are buyers.

#iAgree

 

[drinkirvinewater]

There has been a huge influx of agents on these boards lately.  Thinking back on old IHB forum days, was that the sign of the peak?

I was just going through this thread, learnt that phases 1 and 2 in HC are mostly local FCB purchases. It is hard to believe we are peaking out based on that fact. Aren't local FCBs leading, smart indicators?

 

[OC-Broker]

What are local FCBs?  I thought the F stood for Foreign.

 

[Rice Vino]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

 

[drinkirvinewater]

What are local FCBs?  I thought the F stood for Foreign.

FCB-- Full Cash Buyers.

Many other versions for this FCB acronym, but that's another topic,

 

[irvinehomeowner]

You can be Foreign but still local.

Look at qwermigo.

 

[meccos12]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

I think there is some exaggeration in the pricing of these homes.  Only two homes I know of sold in 3M range at Almafi hills.  They were the two model homes which were absolutely stunning.  Like the original poster said, other Positano homes I know of sold between 1.6-2.4M.  Most seem to have sold around 1.8-1.9M  The homes sold at higher price points seemed to have had larger larges and awesome views.  As a side note, Toll brothers has another development called the estates which are selling pretty much the exact same models.  Lots sizes slightly smaller and location not nearly as good as amalfi hills, even though its just down the street.  These homes now selling for as low as 1.45M.  They are having a much more difficult time selling these even at a much lower price point...

 

[eyephone]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

I think there is some exaggeration in the pricing of these homes.  Only two homes I know of sold in 3M range at Almafi hills.  They were the two model homes which were absolutely stunning.  Like the original poster said, other Positano homes I know of sold between 1.6-2.4M.  Most seem to have sold around 1.8-1.9M  The homes sold at higher price points seemed to have had larger larges and awesome views.  As a side note, Toll brothers has another development called the estates which are selling pretty much the exact same models.  Lots sizes slightly smaller and location not nearly as good as amalfi hills, even though its just down the street.  These homes now selling for as low as 1.45M.  They are having a much more difficult time selling these even at a much lower price point...

How do you know they are having a hard time? I thought they haven't even finish building the model homes.

 

[meccos12]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

I think there is some exaggeration in the pricing of these homes.  Only two homes I know of sold in 3M range at Almafi hills.  They were the two model homes which were absolutely stunning.  Like the original poster said, other Positano homes I know of sold between 1.6-2.4M.  Most seem to have sold around 1.8-1.9M  The homes sold at higher price points seemed to have had larger larges and awesome views.  As a side note, Toll brothers has another development called the estates which are selling pretty much the exact same models.  Lots sizes slightly smaller and location not nearly as good as amalfi hills, even though its just down the street.  These homes now selling for as low as 1.45M.  They are having a much more difficult time selling these even at a much lower price point...

How do you know they are having a hard time? I thought they haven't even finish building the model homes.

My statement was relative.  I said they are having a much more difficult time selling the estates than positano.  Most of it was likely due to timing.  Positano was selling during the manic year of 2013.  They had cash buyers lining up.  If you didnt have cash, you didnt buy.  With the estates, they are always advertising, having monthly specials and yet they are not selling nearly as fast or easily.  Last time I checked they only sold 30-40% of their homes and I believe they have been selling for 6 months now.  They finally got their models up and I believe they had another event this past weekend there with food trucks, etc ,etc.  There are only about 50 homes in this build if I remember correctly.  Positano and sorrento (another neighboring tract which had slightly smaller homes and lot sizes) had twice the number of homes than estates and they were built out fairly quickly. 

All I can say is from what I have seen, estates are having a much harder time...  i guess you just have to take my opinion on this.

 

[nyc to oc]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

I think there is some exaggeration in the pricing of these homes.  Only two homes I know of sold in 3M range at Almafi hills.  They were the two model homes which were absolutely stunning.  Like the original poster said, other Positano homes I know of sold between 1.6-2.4M.  Most seem to have sold around 1.8-1.9M  The homes sold at higher price points seemed to have had larger larges and awesome views.  As a side note, Toll brothers has another development called the estates which are selling pretty much the exact same models.  Lots sizes slightly smaller and location not nearly as good as amalfi hills, even though its just down the street.  These homes now selling for as low as 1.45M.  They are having a much more difficult time selling these even at a much lower price point...

How do you know they are having a hard time? I thought they haven't even finish building the model homes.

My statement was relative.  I said they are having a much more difficult time selling the estates than positano.  Most of it was likely due to timing.  Positano was selling during the manic year of 2013.  They had cash buyers lining up.  If you didnt have cash, you didnt buy.  With the estates, they are always advertising, having monthly specials and yet they are not selling nearly as fast or easily.  Last time I checked they only sold 30-40% of their homes and I believe they have been selling for 6 months now.  They finally got their models up and I believe they had another event this past weekend there with food trucks, etc ,etc.  There are only about 50 homes in this build if I remember correctly.  Positano and sorrento (another neighboring tract which had slightly smaller homes and lot sizes) had twice the number of homes than estates and they were built out fairly quickly. 

All I can say is from what I have seen, estates are having a much harder time...  i guess you just have to take my opinion on this.

I went to take a look at this development yesterday. I wasn't impressed by the location and overall community design. Directly off a major road (Bastanchury), with no sidewalks, no "entrance", a small isolated clump of 50 houses, with no community amenities and right next to the athletic fields/stadium for the high school. You know that's going to be LOUD during night games. My overall impression of the area was hot, dusty, fire risk central, and yesterday wasn't even all that hot. Its far from the freeways too.

I think the house plans and lot sizes look nice and you get more house for your money compared to Irvine, but the prices are not discounted enough compared to places like Irvine to make up for the relative weak points in the surrounding environs. 

Its too bad, I would like to find a house I like in Yorba Linda, since I work in North OC, and living north would make my commuting life much easier.  I wish Hidden Canyon could work for me as a location, but its too far. The commute from Irvine sucks and is getting worse every day.

 

[qwerty]

Its too bad, I would like to find a house I like in Yorba Linda, since I work in North OC, and living north would make my commuting life much easier.  I wish Hidden Canyon could work for me as a location, but its too far. The commute from Irvine sucks and is getting worse every day.

if you lived in Greenwood at Tustin Legacy, in less than 5 minutes you could hop on the 55, then the 5 to the 57, all against traffic

 

[eyephone]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

I think there is some exaggeration in the pricing of these homes.  Only two homes I know of sold in 3M range at Almafi hills.  They were the two model homes which were absolutely stunning.  Like the original poster said, other Positano homes I know of sold between 1.6-2.4M.  Most seem to have sold around 1.8-1.9M  The homes sold at higher price points seemed to have had larger larges and awesome views.  As a side note, Toll brothers has another development called the estates which are selling pretty much the exact same models.  Lots sizes slightly smaller and location not nearly as good as amalfi hills, even though its just down the street.  These homes now selling for as low as 1.45M.  They are having a much more difficult time selling these even at a much lower price point...

How do you know they are having a hard time? I thought they haven't even finish building the model homes.

My statement was relative.  I said they are having a much more difficult time selling the estates than positano.  Most of it was likely due to timing.  Positano was selling during the manic year of 2013.  They had cash buyers lining up.  If you didnt have cash, you didnt buy.  With the estates, they are always advertising, having monthly specials and yet they are not selling nearly as fast or easily.  Last time I checked they only sold 30-40% of their homes and I believe they have been selling for 6 months now.  They finally got their models up and I believe they had another event this past weekend there with food trucks, etc ,etc.  There are only about 50 homes in this build if I remember correctly.  Positano and sorrento (another neighboring tract which had slightly smaller homes and lot sizes) had twice the number of homes than estates and they were built out fairly quickly. 

All I can say is from what I have seen, estates are having a much harder time...  i guess you just have to take my opinion on this.

I went to take a look at this development yesterday. I wasn't impressed by the location and overall community design. Directly off a major road (Bastanchury), with no sidewalks, no "entrance", a small isolated clump of 50 houses, with no community amenities and right next to the athletic fields/stadium for the high school. You know that's going to be LOUD during night games. My overall impression of the area was hot, dusty, fire risk central, and yesterday wasn't even all that hot. Its far from the freeways too.

I think the house plans and lot sizes look nice and you get more house for your money compared to Irvine, but the prices are not discounted enough compared to places like Irvine to make up for the relative weak points in the surrounding environs. 

Its too bad, I would like to find a house I like in Yorba Linda, since I work in North OC, and living north would make my commuting life much easier.  I wish Hidden Canyon could work for me as a location, but its too far. The commute from Irvine sucks and is getting worse every day.

Just curious, how much is the HOA?

 

[meccos12]

how much of appreciation do you guys expect the homes in HC after 3 years? Will they hit 3mil?

Marbella - easily, Capri - likely.

The first Marbella resales will for sure be over $3MM, considering many of the early phase buyers will be in for nearly that much, maybe even more, after its all said and done. Toll is also known for ridiculous, over the top models, and I could see those listing at $4MM+ which would boost the price of the neighborhood. In their nearly completed Amalfi Hills development in Yorba Linda, the Positano models sold for $3.2MM and $3.5MM, and new homes there sold mostly in the $1.8 - $2.1MM range.

Toward the end of Amalfi development, many homes sold into the $3M range. It was just a 8-10 month wait for buildout, which coincided with much of the recent appreciation spike. In other words, Toll missed the majority of the surge in that dev.

I think there is some exaggeration in the pricing of these homes.  Only two homes I know of sold in 3M range at Almafi hills.  They were the two model homes which were absolutely stunning.  Like the original poster said, other Positano homes I know of sold between 1.6-2.4M.  Most seem to have sold around 1.8-1.9M  The homes sold at higher price points seemed to have had larger larges and awesome views.  As a side note, Toll brothers has another development called the estates which are selling pretty much the exact same models.  Lots sizes slightly smaller and location not nearly as good as amalfi hills, even though its just down the street.  These homes now selling for as low as 1.45M.  They are having a much more difficult time selling these even at a much lower price point...

How do you know they are having a hard time? I thought they haven't even finish building the model homes.

My statement was relative.  I said they are having a much more difficult time selling the estates than positano.  Most of it was likely due to timing.  Positano was selling during the manic year of 2013.  They had cash buyers lining up.  If you didnt have cash, you didnt buy.  With the estates, they are always advertising, having monthly specials and yet they are not selling nearly as fast or easily.  Last time I checked they only sold 30-40% of their homes and I believe they have been selling for 6 months now.  They finally got their models up and I believe they had another event this past weekend there with food trucks, etc ,etc.  There are only about 50 homes in this build if I remember correctly.  Positano and sorrento (another neighboring tract which had slightly smaller homes and lot sizes) had twice the number of homes than estates and they were built out fairly quickly. 

All I can say is from what I have seen, estates are having a much harder time...  i guess you just have to take my opinion on this.

I went to take a look at this development yesterday. I wasn't impressed by the location and overall community design. Directly off a major road (Bastanchury), with no sidewalks, no "entrance", a small isolated clump of 50 houses, with no community amenities and right next to the athletic fields/stadium for the high school. You know that's going to be LOUD during night games. My overall impression of the area was hot, dusty, fire risk central, and yesterday wasn't even all that hot. Its far from the freeways too.

I think the house plans and lot sizes look nice and you get more house for your money compared to Irvine, but the prices are not discounted enough compared to places like Irvine to make up for the relative weak points in the surrounding environs. 

Its too bad, I would like to find a house I like in Yorba Linda, since I work in North OC, and living north would make my commuting life much easier.  I wish Hidden Canyon could work for me as a location, but its too far. The commute from Irvine sucks and is getting worse every day.

Agree the location is REALLY horrible.  Like you said, its right next to the football field and there is always something going on there.  I can hear football games from a mile away, I cant imagine how loud it will be next door.  Furthermore, there will be no way to enter the tract if you are coming from east bastanchury, nor can you turn left when leaving the tract.  You will literally need to make U-turns which is ridiculous.  The city will not permit either a light nor a break in the road dividers for left turns into the tract nor left turns out of the tract.  I wouldnt consider this build unless they dropped the prices by at least 20% for the "hassle factor" of living there.  At the current price points, it doesnt make sense...