New communities in Portola Springs

NEW -> Contingent Buyer Assistance Program
momopi said:
>_< For ~$1 million you can get a SFR in Fullerton/Brea/Placentia area:


$1.5 mil homes with <$100/month HOA:
www.zillow.com

518 Dickinson Cir, Placentia, CA 92870 | Zillow

518 Dickinson Cir, Placentia CA, is a Single Family home that contains 2934 sq ft and was built in 2003.It contains 4 bedrooms and 4 bathrooms.This home last sold for $1,500,000 in December 2023. The Zestimate for this Single Family is $1,559,700, which has decreased by $21,740 in the last 30...
www.zillow.com www.zillow.com
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Tell the foreign investors why else they should buy in Placentia 😜
 
GrowthStateofMind said:
Tell the foreign investors why else they should buy in Placentia 😜
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They probably don't even know where it is.

Back when I was trying to buy in South Riverside County, no Asian investor competition I thought. Lo and behold, I was up against Canadian (and one Dutch) snowbirds.
 
momopi said:
They probably don't even know where it is.

Back when I was trying to buy in South Riverside County, no Asian investor competition I thought. Lo and behold, I was up against Canadian (and one Dutch) snowbirds.
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Placentia is my hometown. I would not go back to live there though even my extended family still live there. It’s not as cool as Irvine 🤓. The listed house near Alta Vista is my childhood dream house. I was so pissed when they removed Orange Groves to build those homes from Placentia to Rose drive. That was my playground shooting paint balls with my Tiger HS buddies after school.
 
Danimal said:
Placentia is my hometown. I would not go back to live there though even my extended family still live there. It’s not as cool as Irvine 🤓. The listed house near Alta Vista is my childhood dream house. I was so pissed when they removed Orange Groves to build those homes from Placentia to Rose drive. That was my playground shooting paint balls with my Tiger HS buddies after school.
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I went to Kramer Jr High in Placentia for 7th grade.

Used to own a condo by Rose Dr & Alta Vista, lived there when hometown buffet was still there.

Lectured 5th grade class at Rose Dr elementary back in college - graduated from Fullerton JC and CSUF.

Used to buy membership at OC indoor range in Brea. That was a great deal.

I can’t say Placentia is better than Irvine, but the area (Fullerton-Placentia-Brea-Linda) as a whole is nice.

Also in Buena Park next door for $1.5 mil, with small lake and walking distance to train station:
 
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YLgirl said:
Ridiculous!
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It's not, really. Did you not see Azul, Olivewood and Cielo new construction view lots that I posted? You CAN'T get a view lot in PS below $4.2M anymore. The latest Olivewood view lots aren't even city views and they're still $4M+.

The one above is actually a city view and it does have quite a bit of upgrades ($200k+ in the description), so asking for $4.5M isn't really ridiculous. This one has a 4,800 sq ft lot, which is bigger than most of the new construction view lots. Is it a bit high? Probably, but not ridiculous.
 
CalBears96 said:
It's not, really. Did you not see Azul, Olivewood and Cielo new construction view lots that I posted? You CAN'T get a view lot in PS below $4.2M anymore. The latest Olivewood view lots aren't even city views and they're still $4M+.

The one above is actually a city view and it does have quite a bit of upgrades ($200k+ in the description), so asking for $4.5M isn't really ridiculous. This one has a 4,800 sq ft lot, which is bigger than most of the new construction view lots. Is it a bit high? Probably, but not ridiculous.
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The backyard there was a decent open canvas. Seemed like you could have at least a gathering of 15-20 back there.

Looks like no one is biting on this 10,000 sq ft lot either nearby:
 
GrowthStateofMind said:
The backyard there was a decent open canvas. Seemed like you could have at least a gathering of 15-20 back there.

Looks like no one is biting on this 10,000 sq ft lot either nearby:
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Well, this one is Highland 2 and it's quite a bit smaller than Cielo. It's not a view lot either. The base price for Highland 2 was around $2.4M. A huge lot is not worth $1.1M, $400k at most. Only a view lot is worth that much.

This one tried to list this high because the house at the end of the street, which has a bit bigger lot AND a mountain view, sold for $3.48M.
 
GrowthStateofMind said:
The backyard there was a decent open canvas. Seemed like you could have at least a gathering of 15-20 back there.

Looks like no one is biting on this 10,000 sq ft lot either nearby:
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What's crazy about this one is it sold for 2.7m in January 2024. The owner now thinks the home is worth 800k more in a span of 4 months? What's sad is someone will pick this up close to 3.5m and that's the concerning part about Irvine RE. Those comps will be used for future homes and the prices keep on going up. Until one day it can no longer go up, that's when things will get very interesting.
 
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