Mulberry at Cypress Village

[lnc]

So far I have only counted 3 people including myself that are in CV. The others must be shy or just not forum savy. 

I just attend a free dinner "Countdown to Closing Event" provided by the IP for the new CV buyers of Marigold, Magnolia and Mulberry.  Most of new buyers I met there were not aware of TI.

Were they not computer savy? What did you think of your neighbors?

I'm pretty sure they are all computer savvy but maybe just not active in the internet forum. 

Regarding to the CV neighbors, every one I meet are all very friendly, Asian are  overwhelmingly the majority and  lots of young couple with very young children. 

 

[Chairman]

Is PP above Irvine Blvd or just below it? So if it is on the outskirts of the military base, then it is further from the 405 and closer to the land fill. Two other factors that are prolly pricing in. Would you agree on that?

I agree with you that PS is the least desirable out of CV, SG and PP.  So it's no surprise to see pricing to be lower there.  But to me, SG = PP.  They're literally across the street from each other.  PP was farmland before and SG was probably too so land use is the same.  It's equidistant from the landfill and the 5/405.  True, PP does butt up against the 133 but there's still a lot of good lots far enough away from the highway.  So even if I concede that CV is the best (I don't believe this, but for the sake of argument, let's just say it is), then SG pricing should equal PP.  SG has an elem school but is negated by the apartments, super small lots, higher density and the fact that you may not even get into said elementary school.  But today, I can get more house (even with higher MR) in PP than SG.  So how do I explain this?  Answer: TIC.

SG is (compared to PS).....

1.  Easily walkable to shopping, hospital, and restaurants in Woodbury shopping center.
2.  Directly walkable to Blue Ribbon SG elementary.
3.  More pocket parks - 7 Parks, common grounds, and tons of amenities (soccer fields, baseball field, pools).  Closer to another planned large park to the east (Gateway park).
4.  Direct access to future Jeffrey Open Space Trail (JOST) - kids can safely bike or walk to Jeffrey Middle School without crossing busy streets.
5.  Closer to main roads and freeways - Jeffrey, Culver, Jamboee and 5 and 405 fwys.
6.  Overall, Lower MR and HOA - I think.
7.  Although it's like 1-2 block difference, it's located in more central Irvine.

I assume you mean PP, not PS.
1. True but lets be honest. If ur buying Arcadia. You aren't walking to woodbury. It's too far.  You may do it once or twice a year.
2. Are you guaranteed to go to stonegate?
3. True but you are sharing it with way more people. Stonegate is way denser but I don't know what park/house ratio is.
4. True
5. Yes but only by 2-3 minutes
6. Yes

comparing Arcadia to Sagewood. Similar SF and same bedroom count, I have to pay $200k more to live in SG and yes MR makes up some of the difference. But here's the kicker, even if I had a gazillion dollars, I couldn't get a 6500sf lot and a 3-car tandem bc I can't tear down my Arcadia house and build something different. Damn HOA.

If we all had a gazillion dollars we could buy ocean front property, build our own house from the ground up, landscape it to the max. we wouldn't need to worry about public schools because we would go private all the way.

 

[bones]

[qu.

 

[Chairman]

Is PP above Irvine Blvd or just below it? So if it is on the outskirts of the military base, then it is further from the 405 and closer to the land fill. Two other factors that are prolly pricing in. Would you agree on that?

I agree with you that PS is the least desirable out of CV, SG and PP.  So it's no surprise to see pricing to be lower there.  But to me, SG = PP.  They're literally across the street from each other.  PP was farmland before and SG was probably too so land use is the same.  It's equidistant from the landfill and the 5/405.  True, PP does butt up against the 133 but there's still a lot of good lots far enough away from the highway.  So even if I concede that CV is the best (I don't believe this, but for the sake of argument, let's just say it is), then SG pricing should equal PP.  SG has an elem school but is negated by the apartments, super small lots, higher density and the fact that you may not even get into said elementary school.  But today, I can get more house (even with higher MR) in PP than SG.  So how do I explain this?  Answer: TIC.

SG is (compared to PS).....

1.  Easily walkable to shopping, hospital, and restaurants in Woodbury shopping center.
2.  Directly walkable to Blue Ribbon SG elementary.
3.  More pocket parks - 7 Parks, common grounds, and tons of amenities (soccer fields, baseball field, pools).  Closer to another planned large park to the east (Gateway park).
4.  Direct access to future Jeffrey Open Space Trail (JOST) - kids can safely bike or walk to Jeffrey Middle School without crossing busy streets.
5.  Closer to main roads and freeways - Jeffrey, Culver, Jamboee and 5 and 405 fwys.
6.  Overall, Lower MR and HOA - I think.
7.  Although it's like 1-2 block difference, it's located in more central Irvine.

I assume you mean PP, not PS.
1. True but lets be honest. If ur buying Arcadia. You aren't walking to woodbury. It's too far.  You may do it once or twice a year.
2. Are you guaranteed to go to stonegate?
3. True but you are sharing it with way more people. Stonegate is way denser but I don't know what park/house ratio is.
4. True
5. Yes but only by 2-3 minutes
6. Yes

comparing Arcadia to Sagewood. Similar SF and same bedroom count, I have to pay $200k more to live in SG and yes MR makes up some of the difference. But here's the kicker, even if I had a gazillion dollars, I couldn't get a 6500sf lot and a 3-car tandem bc I can't tear down my Arcadia house and build something different. Damn HOA.

If we all had a gazillion dollars we could buy ocean front property, build our own house from the ground up, landscape it to the max. we wouldn't need to worry about public schools because we would go private all the way.

You are missing my point but then again English is not my first language so maybe that's why.

I got what you were saying. I was just trying to make the point that if you had money there are better places to live than Irvine.

So are you going to be buying in PP or wait and see?

 

[socal78]

You are missing my point but then again English is not my first language so maybe that's why.

Heck, why not just say it in your first language. Everybody except me and the Austrian will understand it.

 

[bones]

You are missing my point but then again English is not my first language so maybe that's why.

Heck, why not just say it in your first language. Everybody except me and the Austrian will understand it.

And the Mexican!!!!!!

 

[Chairman]

Are we on the next phase yet? Phase 11 or 12? I can't imagine them still raising prices with this much competition going on from PP.

 

[Chairman]

Does anyone have scans of all the pricing sheets? Looking to put some data together that I can share with whoever is interested. PM me. Thanks.

 

[lnc]

Just pick up phase 10 pricing:

Plan 1: $923,300
Plan 2: $986,700 - $1,001,700
Plan 3: $1,058,600 - $1,073,600

All homes of phase 10 has been sold.  However, it seems like their priority list are shrinking.  According to the sales office, after a home buyer been pre-qualified, there is a good chance he will have a home offer to him within next 1 or 2 phases. 

 

[Chairman]

Just pick up phase 10 pricing:

Plan 1: $923,300
Plan 2: $986,700 - $1,001,700
Plan 3: $1,058,600 - $1,073,600

All homes of phase 10 has been sold.  However, it seems like their priority list are shrinking.  According to the sales office, after a home buyer been pre-qualified, there is a good chance he will have a home offer to him within next 1 or 2 phases.

Break out for Residence 3:

$1,058,600 - Shares wall with 3 homes - Formal Spanish
$1,088,600 - Shares wall with 2 homes - Formal Spanish (~$30,000 premium to have one less neighbor sharing a wall and a better location on block - slightly bigger lot)
$1,058,600 - Shares wall with 3 homes - Classical
$1,073,600 - Shares wall with 3 homes - French (facade has a higher cost ~ $15,000 premium)

 

[Chairman]

Does anyone have pricing sheets for south Mulberry phases 5, 6, 7, and 8? Trying to piece together each homesite's price. Thanks.

 

[eyephone]

Does anyone have pricing sheets for south Mulberry phases 5, 6, 7, and 8? Trying to piece together each homesite's price. Thanks.

I thought you already bought a place.

 

[Chairman]

I want to put together a comps sheet so I can see how the various home price distribution with various factors looks like. Something good to have and sort of a fun side thing to help pass the time.  8)

 

[studio]

I want to put together a comps sheet so I can see how the various home price distribution with various factors looks like. Something good to have and sort of a fun side thing to help pass the time.  8)

Enjoy
Phase Model Lot#
5 1 82 Santa barbara 900,400
5 1 93 Classical 925,400
5 2 80 Formal Spanish 962,699
5 2 92 French 1,002,600
5 3 79 French 1,048,900
5 3 81 Classical 1,033,900
5 3 91 Formal Spanish 1,058,900
5 3 94 Formal Spanish 1,058,900

6 1 84 Classical 903,900
6 1 90 Santa barbra 928,900
6 2 87 Classical 996,100
6 2 89 French 1,006,100
6 3 83 French 1,052,400
6 3 85 Formal Spanish 1,037,400
6 3 86 French 1,077,400
6 3 88 Classical 1,072,400

7 1 3 Classical 945,100
7 1 13 Santa Barbara 910,100
7 2 1 French 1,022,900
7 2 4 Formal Spanish 1,007,900
7 2 12 French 987,900
7 3 2 Formal Spanish 1,079,500
7 3 11 Classical 1,044,500
7 3 14 Classical 1,044,500

8 1 5 Classical 951,300
8 1 8 Classical 936,300
8 2 7 French 1,009,700
8 2 10 Formal Spanish 979,700
8 3 6 Formal Spanish 1,096,600
8 3 9 French 1,066,600

9 1 63 Santa Barbara 919,800
9 1 76 Classical 919,800
9 2 64 French 998,200
9 2 78 Classical 983,200
9 3 62 Formal Spanish 1,055,100
9 3 65 Classical 1,055,100
9 3 75 Formal Spanish 1,055,100
9 3 77 French 1,070,100

 

[test]

Here's some more.

Lot  Plan  Phase  Price
60    3      4A      $1,036,800
66    1      1B      $866,400
67    2      1B      $957,000
68    3      1B      $992,300
69    1      2A      $872,800
70    3      2A      $1,014,600
71    2      2A      $949,000

 

[Chairman]

Thanks guys!

 

[Goriot]

Mulberry NOW Offers Optional Downstairs Bedrooms with En Suite Baths in All Plans (Plans 1, 2, 3)!

Mulberry's innovative single-family detached home designs, now selling at Cypress Village, offer a popular optional downstairs bedroom with en suite bath in every home design.** Whether you have live-in in-laws, out of town guests or older children, this option allows for a great deal of flexibility. Tour today and let us help you select the right home design for your family.

Enjoy the Convenience of aDownstairs Bedroom with En Suite Bath
 
Mulberry From the Mid $900,000s
Approx. 2,199 to 2,592 Sq. Ft. ? 3 to 5 Bedrooms ? 2.5 to 4.5 Baths

 

[lnc]

California Bedroom!

It's a $35k option to convert the California garage into a bedroom with en suit bath.  If you choose this option, your already very small back yard will be even smaller.  I think the back yard will shrink to about the size of this California bedroom.

 

[Chairman]

Plan 1 started in mid 800s (only one home really sold for that price... such BS from IP side... but congrats to that buyer), then high 800s, low 900s, and now mid 900s. This is "impossibru!"

 

[test]

5th Bedroom now an option at Mulberry

Looks like they took my advice of adding another bathroom upstairs in plan 2.