Newer Irvine listings with crazy WTF asking prices from equity sellers

NEW -> Contingent Buyer Assistance Program
bones said:
Irvinecommuter said:
bones said:
irvinehomeowner said:
They are fast-tracking because test keeps posting those pictures that show how overcrowded the school are going to be in Irvine.
Click to expand...

Haha.  The power of TI!!!!
But in all seriousness, they're "fast tracking" it over the PA5 school -which makes no sense to begin with.  Why would you build a school there first when the housing is still being built?  PS has been around since pre-2008.
Click to expand...

Probably because the elementary school would be a good selling point.  Having a school in the community is much more preferable than having to drive your kid to Canyon View in the opposite direction of commute. 


PS is pretty much done so no reason to please anyone there. 
Click to expand...

PS is far from done. I would say maybe a little more than half?
Click to expand...

Yeah...but I don't think there are any plans to do anything in the immediate future.  Builders are still trying to finish selling.  With PP, OH, and BR on the market, PS II would be a serious tough sell. 
 
bones said:
Irvinecommuter said:
bones said:
Irvinecommuter said:
bones said:
irvinehomeowner said:
They are fast-tracking because test keeps posting those pictures that show how overcrowded the school are going to be in Irvine.
Click to expand...

Haha.  The power of TI!!!!
But in all seriousness, they're "fast tracking" it over the PA5 school -which makes no sense to begin with.  Why would you build a school there first when the housing is still being built?  PS has been around since pre-2008.
Click to expand...

Probably because the elementary school would be a good selling point.  Having a school in the community is much more preferable than having to drive your kid to Canyon View in the opposite direction of commute. 


PS is pretty much done so no reason to please anyone there. 
Click to expand...

PS is far from done. I would say maybe a little more than half?
Click to expand...

Yeah...but I don't think there are any plans to do anything in the immediate future.  Builders are still trying to finish selling.  With PP, OH, and BR on the market, PS II would be a serious tough sell. 
Click to expand...

Have u driven over there lately?  Enclave 6 is in full swing. They are moving dirt like crazy north of the school site as well as over on modjeska.
Click to expand...

I will take your word for it but I still think the priority for PS2 is relatively low.
 
bones said:
Irvinecommuter said:
I will take your word for it but I still think the priority for PS2 is relatively low.
Click to expand...

I know you don't like to leave your house and I know you probably don't want to take the 15 mins to drive over to PS from SG :), but I just drove by on my way to South County and they have the big dirt movers over there.  I took a picture but it was too large to upload and I'm too lazy to fix it. 

Also, keep in mind, PS doesn't have to be a priority for TIC.  They just sell off the land to outside builders.  TIC and IPAC have not built a single home at PS to date.  I expect that trend to continue.
Click to expand...

I usually don't head toward South County and if I do, I don't go toward PS...generally the 5 or Irvine Blvd. 

I understand as to TIC but some of the builders (KB for example) are still trying to finish selling certain parts of PS.  From my count off the website, there are still 7 communities selling in PS.  On top of the fact that OH is probably next on every builder's list, I just don't think PS is on anyone's priority list.

Also, Cal Pac has homes up in PS.  I believe Cal Pac is a part of TIC. 
 
bones said:
Irvinecommuter said:
bones said:
Irvinecommuter said:
I will take your word for it but I still think the priority for PS2 is relatively low.
Click to expand...

I know you don't like to leave your house and I know you probably don't want to take the 15 mins to drive over to PS from SG :), but I just drove by on my way to South County and they have the big dirt movers over there.  I took a picture but it was too large to upload and I'm too lazy to fix it. 

Also, keep in mind, PS doesn't have to be a priority for TIC.  They just sell off the land to outside builders.  TIC and IPAC have not built a single home at PS to date.  I expect that trend to continue.
Click to expand...

I usually don't head toward South County and if I do, I don't go toward PS...generally the 5 or Irvine Blvd. 

I understand as to TIC but some of the builders (KB for example) are still trying to finish selling certain parts of PS.  On top of the fact that OH is probably next on every builder's list, I just don't think PS is on anyone's priority list.
Click to expand...

Sometimes "talking" to you is like talking to a brick wall.  I don't know what you mean by "priority" but here's FACT:  They JUST announced the first project of PS's Enclave 6 (KB Homes is building Sage II).  They are probably close to announcing other stuff b/c when you drive by that enclave, all the pads are getting ready to go.  They are moving dirt and wetting the ground up north of the elementary school.  Not sure why they would do all that if they weren't prepping to build on it.  These are the FACTS.  Your opinion is irrelevant here.
Click to expand...

Of course my opinion is irrelevant.  We're just talking about opinions and thoughts.  I don't work for any of the builders or developers. 
 
whoa, million dollar condo in Portola!  I actually liked this StanPac floorplan, man Attic, layout is decent.  Appraisal can be an issue so looking for cash buyer?
 
paperboyNC said:
These guys are really wasting time:http://www.redfin.com/CA/Irvine/71-Sacred-Path-92618/home/51685202

$472/ft with 300 sq ft being a 3rd floor bonus room with no 3rd floor bathroom. Crazy
Click to expand...
An "Executive 3-story upscale single family detached home"?  haha  It has no driveway, it's not a single family detached home, and it won't sell for anywhere near the list price.  *BUZZER SOUND*  Thanks for trying.
 
iacrenter said:
Irvinecommuter said:
I don't remember Maricopa at all but $1.088M for a 2,200+ sq. ft house.  $477/sq. ft.
http://www.redfin.com/CA/Irvine/83-Medford-92620/home/52883031
Click to expand...

I believe during Phase One sales these were selling base ~$780k back in 2011.
Click to expand...

This one just went pending.  Probably sets the new high in SG per sqft at $477 for a non-model home if it really closes at asking.  But pending at less then 2 weeks, it probably is near asking.  30%-35% return in 2 years. Not bad.http://www.redfin.com/CA/Irvine/83-Medford-92620/home/52883031

Another one in SG went pending.  Based on the photo, this one doesn't have a conservatory, but says it does. Should be 2,441 sqft and not 2,580 sqfthttp://www.redfin.com/CA/Irvine/234-Shelbourne-92620/home/52855789



 
bones said:
bones said:
mcstreet said:
Very thankful for these Clifford sales driving up $/sqft in the area. Purchasing at LR was a good investment after all. I almost went with Laguna Altura and their cali glove compartment backyards. 8)
Click to expand...

These owners are probably thankful for 50 Clifford as well.  Serra home in PS asking $522 PSF on a 10,000 SF lot.  $2,195,000
http://www.redfin.com/CA/Irvine/29-Small-Grv-92618/home/7219530
Click to expand...

This closed at $2,140,000 (slightly below asking @ $508 PSF).  Probably inspired their neighbor to list their house.  Smaller floor plan for $1,799,888 ($516 PSF).  That backyard is just BEGGING for a pool!
http://www.redfin.com/CA/Irvine/33-Small-Grv-92618/home/7217565
Click to expand...

I thought the same thing!
 
Whoah... there is a street called "Rice Aisle" in Irvine? Awesome.

ps9 would kill to live on "888 Octopus Lane". (<--- can anyone name the quadruple references there?)
 
You must log in or register to reply here.
Back
Top