Portola Springs--PRADO

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keitht925_IHB

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Pardee Homes will not be opening Prado. They have layed off and closed their Orange County office! Pardee is trying to sell the project to Toll Brothers, and has backed out of their Orchard Hills projects too. Pardee is doing a similar thing at the Preserve in Chino. The models are standing and finished yet there is no pricing release at all.
 
keight925 - You wouldn't happen to have a link to Pardee shutting down their OC office would you? Not that I do not believe you but it would be interesting to read about it.
 
Graph - You were right in being skeptical. This morning I received an e-mail from Pardee regarding a sunset tour of Segovia (Ladera / Covenant Hills) on July 12th. The contact info was the sales office for Segovia. Maybe they are trying to blow the homes out so they can bail quickly. Regardless, Pardee is still here.
 
pardee's regional office in irvine have shut down. the exsisting projects are being controlled by their inland empire division in corona. pardee has sold back their projects in woodbury and orchard hills because they no longer wish to operate in the oc. of course they are still here, you cant magically be gone from standing inventory. And as an article of proof......how about my friend and his wife who are both out of jobs from Pardee?
 
I cruised by PS this past week and noticed that the Pardee/Prado sales office was gutted and being converted into the garage it would have become at closeout. Additionally, they tore up the parking lot. What is to become of these three lonesome homes? Not sure how many of us would like to be living around not just dirt lots but dirt lots with metal construction fences around them? Beautiful (from the outside) homes in a less than stellar surrounding.
 
Bren will just sell the lots to another developer...with new plans. Basically, you should be able to buy one of the 4 houses that no one else has. Hands off the one with the outside stairs in the back. That's a nice plan.
 
I've driven around PS but don't remember these houses. Are they near the Paloma development? How much are they asking for the models? How big are the homes? Any floorplans with the master bedroom on the first level?
 
They sit between Paloma and La Colina. It's three homes lined up by themselves (presuming they are still there).



<a href="http://www.irvinecompany.com/aboutus/News.asp?type=news&archive=2006&release=965&category=17&cid;=">From an Irvine Company press release:</a>



<blockquote>

Two additional neighborhoods are planned to make their debut next month [October 2006] at Portola Springs:



PRADO by Pardee Homes will be a collection of two-story detached homes distinguished by Colonial Monterey, Santa Barbara and Spanish Colonial architecture. Beautifully detailed home interiors will offer approximately 3,152 to 3,462 square feet, with four to five bedrooms and three and one-half to four and one-half baths. Versatile areas available per plan include a bonus room, office, master bedroom retreat, secondary bedroom suites, a study with office/exercise area, a sleeping porch, and a private casita. </blockquote>


From another press release:



<blockquote>PRADO: Pardee Homes? uniquely styled two-story detached homes offer up to five bedrooms and four and one-half baths in approximately 3,152 to 3,462 square feet.</blockquote>


<a href="http://www.irvinecompany.com/aboutus/News.asp?type=news&archive=2006&release=966&category=17&cid;=">And another:</a>



<blockquote>

PRADO by Pardee Homes is expected to open in October 2006. The two-story detached homes will offer approximately 3,152 to 3,462 square feet, with up to five bedrooms and four and one-half baths.</blockquote>
 
Eva,

When I drove past the houses, they were still there. As I had mentioned, they were building the "sales office" out as the garage it was intended to be. Not sure what that means. Now I am wondering if the houses have been sold and recorded at the County Recorder's office. Hmm...
 
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