thatOSguy said:I found this interesting and relevant to the OH discussion:
http://www.dailybreeze.com/business/20140510/survey-homes-on-hilltops-are-favored-over-oceanfront
Survey: Homes on hilltops are favored over oceanfront
California luxury homebuyers preferred hilltop homes over oceanfront properties four to one last year, the California Association of Realtors says.
Forty-one percent of buyers who bought homes for more than $1 million polled in the association?s 2013 Luxury Real Estate Consumer Survey said they purchased a hilltop home with a view, compared with 10 percent who bought an oceanfront home.
Hilltop homes outranked oceanfront homes and ocean-view homes combined.
Gosh, if I had $2M to throw at a house, I'd be all over Newport Beach rather than OH. But then again, I don't understand Laguna Altura's appeal either.
YES, QWERCHETE, I AM OUT OF TOUCH
I missed this post.thatOSguy said:I found this interesting and relevant to the OH discussion:
http://www.dailybreeze.com/business/20140510/survey-homes-on-hilltops-are-favored-over-oceanfront
Survey: Homes on hilltops are favored over oceanfront
California luxury homebuyers preferred hilltop homes over oceanfront properties four to one last year, the California Association of Realtors says.
Forty-one percent of buyers who bought homes for more than $1 million polled in the association?s 2013 Luxury Real Estate Consumer Survey said they purchased a hilltop home with a view, compared with 10 percent who bought an oceanfront home.
Hilltop homes outranked oceanfront homes and ocean-view homes combined.
Gosh, if I had $2M to throw at a house, I'd be all over Newport Beach rather than OH. But then again, I don't understand Laguna Altura's appeal either.
See... the premium is for the view not the schools. (yes... joking also)thatOSguy said:Yes, you can see the ocean from OH, but mainly from the TUSD side (not joking) and probably just a few days a year - post rains or on otherwise clear days.
??? said:Portola Springs is DEFINITELY not at a high enough elevation for ocean views (If it was, Quinterra would be in the $1.5 millions). Lambert Ranch is, though, so The Hill homes at the high tiers would have views (Hence, those homes were selling very fast). Even in parts of Fullerton, there are ocean views. (http://www.zillow.com/homedetails/1835-Skyline-Way-Fullerton-CA-92831/25116645_zpid/) I am seeing a pattern, here).
Quinterra = no ocean views = starting at mid $900s (1)
The Hill = ocean views = mid $1 millions
M&M&M = no ocean views but closer to coast (technically) than the Hill and smaller homes = low $1 millions (2)
Turtle Ridge = ocean views + close to ocean = up to mid $5.5 millions (nearly $1000/sf) (3)
Altezza at Newport Coast = ocean views + ocean breeze = $1.5 million for 1900 sf condo (hence, nearly $1000/sf for small homes) (4)
(1) = ps9'shttp://www.talkirvine.com/index.php/topic,4027.msg229637.html#msg229637
(2) = Meggie'shttp://www.talkirvine.com/index.php/topic,3934.360.html
(3) = Myhttp://www.talkirvine.com/index.php/topic,4208.285.html
(4) =http://www.bcre.com/idx/residential/OC14073568/details.html
Ocean breeze=Kaching! $$$ Kaching!
Even though Altezza is in a crappy school district (with Corona Del mar High's prom affairs and cheating scandals), people still pay!http://www.ocregister.com/articles/school-613929-scott-prom.html(for prom affair)http://www.ocregister.com/articles/district-600080-students-garland.html(for cheating scandal)
I honestly don't need to be RIGHT NEXT to the ocean. If I have to pay that much and be in a crappy school district, no thank you! Ocean view is good enough for me. I still don't understand the ideology of people who buy in Newport Coast (it's not like it is Crystal Cove!)
AA said:Being that OH is being built next to olive ochards and the mountains does anyone know if being so close to "nature" have any negative drawbacks such as bats, rodents, crickets, wild animals and loud bird noises that homeowners need to be mindful before buying here?
ps9 said:AA said:Being that OH is being built next to olive orchards and the mountains does anyone know if being so close to "nature" have any negative drawbacks such as bats, rodents, crickets, wild animals and loud bird noises that homeowners need to be mindful before buying here?
Coyotes are noisy at night, bats love avocados, rodents will eat anything, crickets are the least of your worries.
thatOSguy said:AA said:Being that OH is being built next to olive ochards and the mountains does anyone know if being so close to "nature" have any negative drawbacks such as bats, rodents, crickets, wild animals and loud bird noises that homeowners need to be mindful before buying here?
There's a WORKING ORCHARD on site. Pesticides? Day laborers? Trucks?
Seems a lot of folks are nervous about the soil at Great Park; not sure why there hasn't been a lot of discussion about this with OH.
Nevermind, I can see the ocean on a clear day!!!1!!one!