Portola Springs - Bougainvillea

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<strong>Village:</strong> <a target="_blank" href="http://www.irvineranch.com/villages/portolasprings/">Portola Springs</a>


<strong>Tract:</strong> <a href="http://www.kbhome.com/Community.aspx?CommID=00450325" target="_blank">Bougainvillea</a> (?? detached ??) in the City of Irvine


<strong>Builder:</strong> <a href="http://www.kbhome.com/" target="_blank">KB Home</a>


<strong>Schools:</strong> Irvine School District (<a target="_blank" href="http://www.iusd.org">IUSD</a>): Westwood Basics, Northwood, or El Camino Real Elementary, Sierra Vista Middle, Northwood High


<strong>Tax Rate:</strong> 1.03123% and Mello Roos of approximately $6,500 per year.


<strong>HOA Dues:</strong> $250 at Build Out


<strong>


Plans:</strong>


Residence 1 - 2-3bd/2.5ba - 1670 sq. ft.


Residence 2 - 3bd/2.5ba - 1845-1922 sq. ft. (1845 sq ft w/out master retreat 1922 w/master retreat)


Residence 3 - 3-4bd/2.5-3.5ba - 2042-2260 sq. ft. (2042 sq ft w/out 3rd floor 2260 sq ft w/3rd floor)





<strong><u>PRICING</u>


</strong><strong>


</strong><strong>Phase ? (Prior to reduction)


</strong>Lot 25 - Plan 2 - $852,490


Lot 27 - Plan 2 - $823,365


Lot 31 - Plan 2 - $842,490


Lot 26 - Plan 3 - $893,815


Lot 32 - Plan 3 - $863,565


<strong>


Phase ? (Picked up 1/20/2007)


</strong>Lot 25 - Plan 2 - $767,500


Lot 27 - Plan 2 - $733,375


Lot 31 - Plan 2 - $757,500


Lot 26 - Plan 3 - $802,825


Lot 32 - Plan 3 - $779,575





<p><strong><u>Phase 3 (2/10/07)</u></strong></p>

<p>Lot 23 - Plan 2 - $757,475 (incl master retreat)


Lot 31 - Plan 2 - $757,500 (incl master retreat)


Lot 24 - Plan 3 - $784, 675 (2 story)</p>

<p><u><strong>Phase 3 (3/17/2007)</strong></u>:


</p>

<p>Plan 1 - 1670 sq. ft - Available in Phase 5 -Pricing TBD</p>

<p>Lot 23 - Plan 2 - $732,960 (incl master retreat)


Lot 21 - Plan 2 - $719,285 (w/o master retreat)


Lot 31 - Plan 2 - $720,250 w/ 60 Day Move in (incl master retreat)


</p>

<p>Lot 24 - Plan 3 - $763,210 (2 story)


Lot 26 - Plan 3 - $774,800 w/ 60 Day Move In (3 Story - Granite and Stainless Steel Upgrades)


</p>

<p>Phase 4 coming soon! (Total of 15 phases)</p>

<strong>Phase ? (6/10/2007)


</strong>


Plan 1 - 1670 sq. ft - Available in Phase 8 -Pricing TBD


Plan 2 - 1845 to 1922 sq. ft. - From $714,990


Plan 3 - 2042 to 2260 sq. ft. - From $740,990





<strong>Phase ? (11/28/2007)





</strong><u>Plan 1</u>


84 Cienega: $664,880


92 Cienega: $667,880


67 Homeland: $664,880


88 Cienega: $670,880


80 Cienega: $670,880





<u>Plan 2


</u>90 Cienega: $715,880


82 Cienega: $688,880


39 Homeland: $725,665 (incl Master Retreat)





<u>Plan 3


</u>86 Cienega: $755,880


94 Cienega: $761,880





<strong>Picked up 2/2/2008


</strong>Pricing same as the November 28 post:

<p>Plan 1 - From $664,880


Plan 2 - From $688,880


Plan 3 - From $755,880</p>

<p>Quick Move In Plan 1 -- Lot 39 (67 Homeland) - $699,751 (incl $45k in upgrades). </p>

<p>Mello-Roos is now listed at $5,900/yr and HOA is $313/mo current and $275/mo at build out.


</p>

<strong>4/4/2008</strong>



Plan 1 - Starting from $642,320

Plan 2 - Starting from $664,860

Plan 3 - Starting from $730,905
 
<p>Please take this "expectations" survey... Results will be posted to the forum soon!</p>

<p><a href="http://www.zoomerang.com/survey.zgi?p=WEB2265RPA6SQQ">http://www.zoomerang.com/survey.zgi?p=WEB2265RPA6SQQ</a> </p>

<p>Just three basic questions to gauge what people are expecting to do if ready to purchase a house now....</p>

<p>Thanks,</p>

<p>crucialtaunt</p>
 
<p>Toured today 2/10/07. Sheet was given indicated "Phase 3" --- which surprised me as people have already posted Phase 4 prcing. At any rate, the inventory shown was:</p>

<p><strong><u>2/10/07</u></strong></p>

<p>Lot 23 - Plan 2 - $757,475 (incl master retreat)</p>

<p>Lot 31 - Plan 2 - $757,500 (incl master retreat)</p>

<p>Lot 24 - Plan 3 - $784, 675 (2 story model)</p>
 
Ck - I think they are also offering almost 40k incentive on these homes which can be applied towards pricing. I initially didn't like them mainly because the exterior style and the side yard seem odd. But after recent price reduction, they defintely look more desirable .





I am curious as what do you and others think of these homes? There are not too many brand-new single family homes in the $700s range I think.
 
<p>Red - Thanks for the information on the incentives. By the time we got done with these models our daughter was literally jumping the fence to get at that playground next to the models, so we didn't spend any time talking specifics with the salespeople.</p>

<p>We actually liked these quite a lot, with the exception of the side yard configuration you mentioned --- but we could live with it. It's not like you get much of a yard in any of the new homes in Irvine. Our favorite was definitely the Plan 3 with the 3rd floor option....To say I was giddy about that loft with the private bathroom (and built in entertainment center) way up top would be an understatement. While we were touring, I was the first one up there, and as my wife and daughter tried to make their way up to the loft, I blocked the stairs and said "Nothing to see up here, this is Daddy's room". All it needs is a mini fridge. I also thought the 1st floor was nice and open with that big island for everyone to hang around. Overall, I agree that these give a lot of bang for a relatively small $$.</p>

<p>That said, we were scoping the models in PS mainly to get an idea of what might be on the horizon at Orchard Hills. If these same homes appear in the Orchard Hills, they will definitely be on our list.</p>
 
<p>Today I visted the Bougainvillea , Here is the latest pricing info for Phase 3: Phase 4 coming soon! (Total of 15 phases)</p>

<p>Plan 1 - 1670 sq. ft</p>

<p>Available in Phase 5 -Pricing TBD</p>

<p>Plan 2 - 1845 sq ft w/out master retreat 1922 w/master retreat</p>

<p>Lot 23 (w/Master Retreat) - $732,960</p>

<p>Lot 21 (w/out) - $719,285</p>

<p>Lot 31 (w/Master Retreat) - $720,250 w/ 60 Day Move in</p>

<p>Plan 3 - 2042 sq ft w/out 3rd florr 2260 sq ft w/3rd floor</p>

<p>Lot 24 (2 Story) - $763,210</p>

<p>Lot 26 (3 Story - Granite and Stainless Steel Upgrades) - $774,800 w/ 60 Move In</p>

<p> </p>

<p> </p>
 
<p>Been to this tract on 3/17. The reason why plan ones are sold out is because they have one plan one available for the first 4 phases (maybe a way to make people think there are many buyers since they can say "Sold out till phase X" on the pricing sheet).</p>

<p>Plan One will be available again in phase 5 and many more of the plan ones will be available in later phases.</p>
 
I Check the prices quoted by <a href="http://forums.irvinehousingblog.com/account/137/">jenniferrae</a> , the prices are without incentive, i think,
 
There is a plan 3 in the MLS now (MLS S482131) <strong>$799,990.</strong>





I believe this is lot 26? Not sure about that.





http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=S482131&page=1&property_type=CONDO&mls=mls_so_cal&cKey=6t4m9dw3&source=SOCALMLS


<a href="http://www.ziprealty.com/buy_a_home/logged_in/search/home_detail.jsp?listing_num=S482131&page=1&property_type=CONDO&mls=mls_so_cal&cKey=6t4m9dw3&source=SOCALMLS"></a>
 
<p>Hi Everyone,</p>

<p>Was on the KB home site, the prices listed on the website are:</p>

<p>Residence 2 - $704, 070</p>

<p>Residence 3 - $729, 340</p>

<p>Residence 1 - $776, 120</p>

<p>I am a new real estate agent and they are offering 3% broker co op for any customer I walk in and purchases a home through them. If you are thinking about purchasing a home here please email me your information and I will offer you half of my commission as a gift.</p>

<p>Jennifer </p>

<p><a href="mailto:jfurtado@alg.com">jfurtado@alg.com</a></p>

<p> </p>
 
<p>Do you have the residence numbers backwards? I thought the plan 1 (i'm assuming plan 1 = residence 1) is the smallest. However, the price you put has the residence 1 the highest?</p>

<p><a href="http://blog.davidmillions.com">My Own Millions Blog</a></p>
 
I am enjoy of reading this blog. My family is currently looking for a house in Irvine and planing to move next year before or around summer time. Lately, we visited StoneTree Manor in Woodbury and Bougainvillea in Portola Springs. Both are detached condo. We love plan 2 in StoneTree and Plan 3(or Plan C) with loft in Bougainvillea. We are kind of surprised to see a big price drop from KB Home compared to last year in December. The sales offers 762K for that plan 3 + loft. Any commandy to these two plans? Tks.
 
annika - My comment is that it may be prudent to lease a home you are interested in as opposed to incurring a mortgage.
 
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