[IHB] Eastwood Village: Petaluma Neighborhood Review

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yeah in no way would I expect it to be considered a true SFR on paper. just wondering the technicalities.
 
lnc said:
acf said:
Some Petaluma's have their own dedicated driveway btw.

I not familiar with these few lot with the driveway but if they have full 15' front setback front the curve, they actually qualify as a true SFR.  However, they are still listed as detached condo on the record because when the builder applied the construction permit for the entire Petaluma project, they applied the entire project as detached condo even if few units can qualify as true SFR. 

IP probably going to charge $30k+ for the driveway premium as I remembered Saratoga (Terrazza's predecessor in Stonegate) have few unite with a actual driveway and IP charges $35k premium for them. 

If you have the opportunity to get the one with the driveway, get them.  They'll worth every penny.

Why is it worth every penny? Not sure if $35k is worth a driveway.
 
soyi said:
Why is it worth every penny? Not sure if $35k is worth a driveway.

I paid more for my lot premium that included a driveway.  I think its always worth having a driveway for the convenience of being able to park there, not backing straight out into a motorcourt, having bad neighbors that park in front of their garages or illegally (which happens a lot I've noticed).  But everyone has their own personal preferences of what they would want to pay for.
 
soyi said:
lnc said:
acf said:
Some Petaluma's have their own dedicated driveway btw.

I not familiar with these few lot with the driveway but if they have full 15' front setback front the curve, they actually qualify as a true SFR.  However, they are still listed as detached condo on the record because when the builder applied the construction permit for the entire Petaluma project, they applied the entire project as detached condo even if few units can qualify as true SFR. 

IP probably going to charge $30k+ for the driveway premium as I remembered Saratoga (Terrazza's predecessor in Stonegate) have few unite with a actual driveway and IP charges $35k premium for them. 

If you have the opportunity to get the one with the driveway, get them.  They'll worth every penny.

Why is it worth every penny? Not sure if $35k is worth a driveway.

The driveway is premium in Irvine. I thinks it's a good upgrade.
 
I believe all the homes on Rotunda are premium lots with driveways (35k lot premium?)

Its funny but their sitemap blocks it out for un-released phases... making it unclear what will be happening for future phases.

Beyond all those homes on Rotunda street/drive, a few homes scattered around will have driveways too (I think about 3 more last I counted). Of particular interesting one is the one at the edge of Gulfstream with a big lot and its own curved in, deep driveway. That one will command quite a price premium.

Driveway is a good thing for most of these detached condo IMO. generally you get a bigger lot too and the homes have a definite more single family home feel to them.
 
capboba said:
Its funny but their sitemap blocks it out for un-released phases... making it unclear what will be happening for future phases.

If they kept all information open, how will they keep the hype-meter elevated all the time and sell pretty much everything at super premium rates to unsuspecting buyers?

Hypothetically, say they released the future plans and last phases have best lots, driveway etc. Now, all of a sudden more buyers than the lots will end up waiting for those phases and down goes the early phases demand.
 
acf said:
to be fair, you can see the homes with the driveways all on the site map.

is this online? the printed out site map they provide doesn't show it clearly and they purposely didn't draw out the lot lines/homes for future phases.

in the sales office you can see the driveway from future unreleased lots even though they blocked out the lot #s/elevations etc.
 
Capboba, I'm not sure if it's online, I saw it on the phase pricing sheets and the site map they have under the glass in the show room/on the big touch screen they have. It clearly shows where the driveways will be. Hope this helps.

 
I checked all resale home in market in last few month.  I have been in market for almost half year.

Actually price of  Petaluma is very reasonable. Some closed sales of San Mateo from STG is above 800K. (some of them have low upgrades, maybe only like 10K cost of upgrade)

EW is definitely better than STG in terms of  location and school.
So, Petaluma worth the price. It's so popular with this price.

Petaluma price is good
Avalon is OK, not good, not bad.
Helena is great? (Lower than what I originally thought)
Marin is too bad.
Piedmont is hard to say. Terrazza sells so slow. What's the reason?? I actually did not know too much about Terrazza.
Belvedere, I guess it's reasonable. Strada is going into the last few phases. Price keeps going high(1.1M+ now for smallest plan). Belvedere is a copy of Strada with a little bit larger size.







lnc said:
If you think Petaluma is expensive, check out this Sienna home at LA.  $978,888!
https://www.redfin.com/CA/Irvine/81-Bianco-92618/home/58555948

BTW, Sienna is Petaluma's twin in LA and this home have some very nice upgrades.
 
frank303 said:
I checked all resale home in market in last few month.  I have been in market for almost half year.

Actually price of  Petaluma is very reasonable. Some closed sales of San Mateo from STG is above 800K. (some of them have low upgrades, maybe only like 10K cost of upgrade)

EW is definitely better than STG in terms of  location and school.
So, Petaluma worth the price. It's so popular with this price.

Petaluma price is good
Avalon is OK, not good, not bad.
Helena is great? (Lower than what I originally thought)
Marin is too bad.
Piedmont is hard to say. Terrazza sells so slow. What's the reason?? I actually did not know too much about Terrazza.
Belvedere, I guess it's reasonable. Strada is going into the last few phases. Price keeps going high(1.1M+ now for smallest plan). Belvedere is a copy of Strada with a little bit larger size.

All Irvine home are expensive but I agree that Petaluma seems provide relative good value for an new Irvine home with low MR and HOA.  Petaluma definitely will be the best seller at EW.

 
Jasmine's went up 100k over the last 1.5 years as they sold out all the phases. Do you think there is any room left for  Petaluma's price to grow as well?
 
Back in the days when I bought my home the only thing that could be charged as premium was the ocean or city light view.

Big yard and driveways were standards. The third car garage was standard. Buyers would not even consider one without it.  Volume was standard.

White people were eager and happy to see a Chinese family moving into the neighborhood. Signal lights were at least a mile apart. Driving from Turtle Rock to the top of Tustin Ranch took less than 10 minutes at rush hour traffic. Cops were racking up their quota writing speeding tickets on Fwy 5 during the morning rush hours when workers drove like 85 mph at 8:55 am  hence the term called "rush" hour. Now it should be called snail hour.

I feel so sad for the current millennial generation that so much have been striped from them and paying so much for so little. And for what used to be standards are now an outrageous premium. Having a driveway is like a gift from God.

All that is very sad indeed. I have listened to this group for 10 years and seeing this trend of a downward spiral of mediocrity design. I can't persuade the greedy developers in California to lowering land prices. All I could do is to design a clever  million $ dream castle into a little box where the developer can't charge a lot since the footage is small.

The best way to counter greed is preventing the developer from building footage. Developers love inefficient design such as huge bathrooms and super wide hallways to fluff up footage to sell you a bigger house. Footage is cheap to build with some nails, cheap studs and drywall. 

irvinehomeowner said:
So funny how driveways used to be standard and are now "premium".

Irvine is so awesome.
 
I'm curious about the Petaluma lot with actual driveway, is these lot (Lot 124,126, 128) with the driveway?

Also these few lot at Landover is quite interesting, they don't look like Petaluma homes.

Also check out the lot 177 and 179 with real back yard!!
 

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irvinehomeshopper said:
Back in the days when I bought my home the only thing that could be charged as premium was the ocean or city light view.

Big yard and driveways were standards. The third car garage was standard. Buyers would not even consider one without it.  Volume was standard.

White people were eager and happy to see a Chinese family moving into the neighborhood. Signal lights were at least a mile apart. Driving from Turtle Rock to the top of Tustin Ranch took less than 10 minutes at rush hour traffic. Cops were racking up their quota writing speeding tickets on Fwy 5 during the morning rush hours when workers drove like 85 mph at 8:55 am  hence the term called "rush" hour. Now it should be called snail hour.

I feel so sad for the current millennial generation that so much have been striped from them and paying so much for so little. And for what used to be standards are now an outrageous premium. Having a driveway is like a gift from God.

All that is very sad indeed. I have listened to this group for 10 years and seeing this trend of a downward spiral of mediocrity design. I can't persuade the greedy developers in California to lowering land prices. All I could do is to design a clever  million $ dream castle into a little box where the developer can't charge a lot since the footage is small. 

irvinehomeowner said:
So funny how driveways used to be standard and are now "premium".

Irvine is so awesome.

I shut down when I hear complaints that start "back in the day".  Yes, 'back in the day' you could buy a house w/o paying a premium for a driveway or a big backyard.  But 'back in the day', Irvine was considered the outskirts of suburbia.  Now, Irvine is considered a newer job center and central to a lot of amenities.  If you were fortunate to already own a home before the prices shot up over the past 20 years, you should be happy.  If you weren't so fortunate, then either suck it up or go look for a home in the next "Irvine".  I personally had to suck it up. 
 
Irvinehomeshopper - I hear you, but this is the way the world is. It's not going to go backwards. 20 years ago when I grew up in Vancouver, we were all lucky enough to live in nice big houses in great locations. Now as my friends have grown up they are either living in small condos or houses on the outskirts if they are lucky.
 
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