Orchard Hills 4 - "The Summit" Updates

NEW -> Contingent Buyer Assistance Program
Yikes… from the Brookfield site FAQ; fire insurance related or because they can?

What are the HOA dues at Vista in Summit?

The HOA dues at Vista are estimated to be $995/month, then at Build-Out, estimated to be $774/month, all subject to DRE approval.
 
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This is what your shared mail box looks like for a $4M new home in Orchard Hills. Do you get your own mail box if you spend $7M?

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These shared mailstations are more secure because they lock. Also there is a package locker that locks. I prefer this set up to when I lived in an older section of Irvine where each person had their own mailbox in front of their house and there was repeated mailtheft from unlocked boxes.
 
These shared mailstations are more secure because they lock. Also there is a package locker that locks. I prefer this set up to when I lived in an older section of Irvine where each person had their own mailbox in front of their house and there was repeated mailtheft from unlocked boxes.
It's safer and also less work for the USPS. They don't have to drive around the block. And the package lockers come in two sizes, the big one pretty big. I agree that this setup is better.
 
It's safer and also less work for the USPS. They don't have to drive around the block. And the package lockers come in two sizes, the big one pretty big. I agree that this setup is better.
I believe it is the new/old regulation. USPS bundles up the mailbox to save on money and fuel.
 
It is just a luxury image thing. Perhaps it because Panda is a Georgia resident, but only apartment complexes and townhomes have cluster mailboxes here. If a builder tried to pull this off with luxury homes in Johns Creek, they would get executed by the buyers.

Let me give you an example with Lifetime Fitness in Irvine. I have a signature membership in Johns Creek but I was able to get access to Lifetime Fitness at the Irvine location. You feel like you are rich working out there as you are in presence of luxury as you walk in thru those doors. You can see Lambos, Ferraris, and cars I haven't of before parked in the valley parking next to Lifetime. Even inside the gym, everything feels luxurious including the high end lotion and shampoo they have in the lock rooms. I don't get that feel when I walk in to my local Lifetime Fitness in Johns Creek. If I spend $4M on a brand new luxury home, I am going to expect a man guarded gate inside a golf course community and at the minimum also expect my own mail box where I can easily access it without having to get into my car.

They have those cluster mailboxes in Newport too!!

lifetime.jpg
 
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HOA being near $1000 per month is insane.

If you're willing to buy in West Irvine off Jamboree, lower or no HOA homes can be found:

College Park home with $60/month HOA:

The West Irvine homes were built in late 90s and are newer than College Park homes built in 1970s. But at College Park you can find single story SFR's like the one above with some yard space for gardening. At $1.3 million it's um... a bargain in Irvine these days. With the money saved you can drop some money to update the interior. Hope that's not travertine tiles (looks great, until holes start appearing).
 
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If you're willing to buy in West Irvine off Jamboree, lower or no HOA homes can be found:

College Park home with $60/month HOA:

The West Irvine homes were built in late 90s and are newer than College Park homes built in 1970s. But at College Park you can find single story SFR's like the one above with some yard space for gardening. At $1.3 million it's um... a bargain in Irvine these days. With the money saved you can drop some money to update the interior. Hope that's not travertine tiles (looks great, until holes start appearing).
Westpark has HOA around 50 bucks in the SFRs. Parts of Turtle Rock have reasonable HOA too. Parts of Northwood have no HOA, as well as many of the neighborhoods in El Camino Real and The Ranch off Irvine Center and Jeffrey.
 
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