Nellie Gail Ranch???

NEW -> Contingent Buyer Assistance Program
M

monekoko_IHB

New member
I've been looking for a house in Irvine for about a year....but it seems like Irvine is holding up the house price pretty well compare to other cities. I am kind of tired to wait further so I decide to consider different communities other than Irvine. I have found the 'Neille Gail Ranch and Moulton Ranch' in Laguna Hills...it seems nice and old communites to me. Unfortunately, I have a very limited information about these two communities. Anybody is familiar with these communities? Could you share the info with me? Would it be worth to buy 1.2-1.5mil house over there? Can I say these two communities are premium area like Coto de Caza or Covenant Hills?
 
I'm partial to Coto de Caza. :red:
<fieldset class="gc-fieldset">
<legend> Attached files </legend> <a href="http://www.talkirvine.com/converted_files/images/forum_attachments/52_HZQNLKdgTB3gT8M2HW77.jpg"><img src="http://www.talkirvine.com/converted_files/images/forum_attachments/52_HZQNLKdgTB3gT8M2HW77.jpg" class="gc-images" title="Coto Fence_low res.jpg" style="max-width:300px" /></a> </fieldset>
 
I used to live here (my parents still do) and I do think it is one of the nicer places in South County to live. I would put it between Covenant Hills and Coto in terms of prestige, and given the crashing values in Ladera, will likely stay there. Houses are a mix of custom and 3 phases of tract and sell from $1MM to $5+MM. Home values seem to be holding up fairly well although one recently transacted for $950k as a 2004 rollback.



Lots are very big with ~15k sqft for the very smallest lots up to 2 acres + for the larger ones. Houses range from 2000sf for some older ones built in the '70s to 10,000 sf+ and even one monster being built that is 18,000sf. Many houses are zoned equestrian.



It is not gated, that can be a plus or a minus depending on your point of view, but consequently no mello roos and HOA IS $80/mo and includes miles of horse trails. Also it is close to 2 freeways (5 and 73) and depending on where the house is located there is some freeway noise, but that also means a short commute to the freeway as opposed to Ladera and Coto.



On the minus side, there is evidentially some friction on the HOA board:

http://nelliegailranchowners.blogspot.com/
 
This was one of our favorite areas as well. The wishing price per sq. foot is still high but still seem like a great deal compared to some of the Irvine tract homes in some of the newer areas. For instance you could maybe get a Mille Fleur in Woodbury or this:

http://www.redfin.com/CA/Laguna-Hills/25592-Rangewood-Rd-92653/home/4863523



Different strokes for different folks obviously and the maintenance on an acre is definitely a factor for many... but seriously a 3 horse stable and an acre!
 
You must log in or register to reply here.
Back
Top