Shady Canyon

NEW -> Contingent Buyer Assistance Program
[quote author="skek" date=1224733193]In reference to the Shady Canyon listings in Deuce's Wednesday Free Lunch thread, did any of the Shady watchers see this?



<em>"Please join The Smith Group for an 8 Property Tour - (8 Shady Canyon Homes open - 12 Vernal Spg,30 Prairie Grass,49 Vernal Spg, 22 Jewel Flower, 59 Canyon Creek, 93 Canyon Creek,42 Echo Glen)"</em>



And I'm curious why 93 Canyon Creek has to be sold by November. Anyone know?</blockquote>


The Smith Group? I would hate to be part of that group right now. Are construction loans recourse or non?
 
[quote author="EvaLSeraphim" date=1224763867]I think they are recourse. Of course, if the developer is broke, the bank may not have any recourse regardless of what the law allows.</blockquote>


Shoddy underwriting has disappeared.

Everything is recourse which is why developers are getting squeezed.
 
[quote author="awgee" date=1224758349][quote author="CalGal" date=1224738243]



<span style="color: red;"> I love how the theater only has 2 seats</span>.

What a beautiful house.

It's sad that they don't enjoy the theater with friends.

You would think they could at least buy some friends with that kind of money. :coolgrin:

</blockquote>


I would speculate that the two visible seats are staged furniture and the buyers will fill each tier with more seats. Most of the homes for sale in Shady Canyon are spec.</blockquote>
I know - I was joking. %-P
 
[quote author="awgee" date=1224757791][quote author="CalGal" date=1224736750][quote author="awgee" date=1221968824][quote author="baseballhat" date=1221962096]am interested in checking out the properties in shady canyon. anyone know if i can just go in on my own or does it have to be with a realtor?



if it has to be with a realtor, any realtor recc's?</blockquote>


If you go on a Sunday afternoon, you can tell the guard you are there to look at open houses and they will give you a map to the open houses. No realtor necessary.</blockquote>
It depends on the guard.

Some guards require that you know the exact address of the Open House.

No Address, No Entry.



And if you do get through the gates, be prepared to be followed around by security.

And we weren't driving a clunker either.</blockquote>


That is hilarious. We have never been followed and have probably been there to look at open houses more than ten times. We drive the Honda Odyssey minivan with me, wife, and two daughters, and the only question we get is, "Do you need a map showing you where the open houses are?" I always thought Mr. Calgal looked suspicious and it appears the gate guards agree with me. :cheese:</blockquote>
Maybe we need to borrow two kids the next time we visit Shady Canyon. :coolsmirk:
 
[quote author="CalGal" date=1224807415][quote author="awgee" date=1224757791][quote author="CalGal" date=1224736750][quote author="awgee" date=1221968824][quote author="baseballhat" date=1221962096]am interested in checking out the properties in shady canyon. anyone know if i can just go in on my own or does it have to be with a realtor?



if it has to be with a realtor, any realtor recc's?</blockquote>


If you go on a Sunday afternoon, you can tell the guard you are there to look at open houses and they will give you a map to the open houses. No realtor necessary.</blockquote>
It depends on the guard.

Some guards require that you know the exact address of the Open House.

No Address, No Entry.



And if you do get through the gates, be prepared to be followed around by security.

And we weren't driving a clunker either.</blockquote>


That is hilarious. We have never been followed and have probably been there to look at open houses more than ten times. We drive the Honda Odyssey minivan with me, wife, and two daughters, and the only question we get is, "Do you need a map showing you where the open houses are?" I always thought Mr. Calgal looked suspicious and it appears the gate guards agree with me. :cheese:</blockquote>
Maybe we need to borrow two kids the next time we visit Shady Canyon. :coolsmirk:</blockquote>




We can start a caravan of sorts

I?m planning to rent a Brinks Armored Truck, CA license plate CASH BYR.

Follow me in!
 
[quote author="roundcorners" date=1224743911][quote author="momopi" date=1224742430]<img src="http://i-0.rfimg.us/photo/46/bigphoto/525/U8001525_7_2.jpg" alt="" />



Well, since the projector is mounted on the ceiling, you can pull that table and put a coach on the upper floor area to accommodate more people.



If I had that kind of $$, I'd buy a lake front home in MV instead.</blockquote>


does anybody know what is on the screen? Completely out of curiosity...</blockquote>


That is Michel Gondry's The Science of Sleep.
 
[quote author="skek" date=1224809771]If you have access to Foreclosure Radar, check out <a href="http://www.redfin.com/CA/Irvine/25-Blue-Heron-92603/home/5856096">25 Blue Heron</a>. It had been a potential short sale for a while. It may soon become the first Shady Canyon custom to get foreclosed on.</blockquote>


Aw...that's not the only custom heading to foreclosure. Shek if you're interested shoot me a note.
 
[quote author="awgee" date=1224758349][quote author="CalGal" date=1224738243]



<span style="color: red;"> I love how the theater only has 2 seats</span>.

What a beautiful house.

It's sad that they don't enjoy the theater with friends.

You would think they could at least buy some friends with that kind of money. :coolgrin:

</blockquote>


I would speculate that the two visible seats are staged furniture and the buyers will fill each tier with more seats. Most of the homes for sale in Shady Canyon are spec.</blockquote>


Yes 109 Canyon Creek is a spec home and that home has been staged. I would say that out of the 50+ homes I've previewed, only 4 or 5 have been lived in and 90% have been professionally staged. By the way I've never been followed by security and nowadays security wants the adress of the open house and the name of the agent. This went into effect a couple of months ago towards the end of summer and all of the agents were freaking out because suddenly their open home traffic diminished by 90%. Apparently there were a lot of complaints from what few residents live their as to all of the weekend foot traffic.



The tall table in the back of the theatre at 109 is actually kinda cool, its a built in standing counter so for instance for Superbowl parties, several people can congregate in the back with food plates and watch the game...so that room is definitely meant for more than two in the audience. ;)
 
[quote author="EquityMind" date=1225454217] I would say that out of the 50+ homes I've previewed, only 4 or 5 have been lived in and 90% have been professionally staged. </blockquote>


This is what has made me the most angry about the housing bubble. It's one thing to destroy the hills and the natural environment because you plan to build a home in a peaceful setting that you and your family can enjoy for decades. It's another to bulldoze those hills for absolutely no reason. I am not just talking about Shady Canyon but all the other areas in Southern California that are now filled with empty subdivisions. It makes me sick.



I've toured a few of the open houses in Shady and I cannot even picture living in one of those mansions. They are too dark and too big and not even aesthetically pleasing. OK, so I am not even remotely close to ever being able to afford a home there, but even if I won the lottery tomorrow I still think the homes are an ugly waste of space. They all look the same. If you are going to build a custom 5+ million dollar home, at least show a little bit of creativity.
 
[quote author="ABC123" date=1225509724][quote author="EquityMind" date=1225454217] I would say that out of the 50+ homes I've previewed, only 4 or 5 have been lived in and 90% have been professionally staged. </blockquote>


If you are going to build a custom 5+ million dollar home, at least show a little bit of creativity.</blockquote>


<a href="http://www.redfin.com/CA/Irvine/72-Golden-Eagle-92603/home/5855877">Showing a little bit of creativity.</a>
 
I haven't seen this one in person, but the 1st picture looks like all of the rest as do the interior photos.

<img src="http://i-0.rfimg.us/photo/46/tmbphoto/266/genTmb.U8004266_0.jpg" alt="" />



The view, however, seems one of a kind. Too bad they had to ruin it with that green pool.

<img src="http://i-0.rfimg.us/photo/46/bigphoto/266/U8004266_9_0.jpg" alt="" />





Still, the Tuscan style, or whatever villa they want to call it appears nauseating to me. We are not in Italy or the South of France. Deal with it. There is only so much you can accomplish with less than an acre of land.



<img src="http://i-0.rfimg.us/photo/46/bigphoto/266/U8004266_11_0.jpg" alt="" />
 
i dont find the views in shady canyon all that appealing. you could have said that was the view from a house in corona and i would have believed it.



as for tuscan styling, bk explained once the reasoning behind the infatuation with tuscan, andalusian, and mediterranean architecture on The Ranch. one of the reasons being the climate and geographical similarities between southern calif and those other regions made the architectural style and construction materials most appropriate for housing here.



<a href="http://books.google.com/books?id=gn3CozErENMC&pg=PT13&lpg=PT13&dq=don+bren+tuscan+architecture&source=web&ots=yo6hGt9c_J&sig=FBTpgyBSOFlsbZwUrwgMiYoWG98&hl=en&sa=X&oi=book_result&resnum=1&ct=result#PPT14,M1">http://books.google.com/books?id=gn3CozErENMC&pg=PT13&lpg=PT13&dq=don+bren+tuscan+architecture&source=web&ots=yo6hGt9c_J&sig=FBTpgyBSOFlsbZwUrwgMiYoWG98&hl=en&sa=X&oi=book_result&resnum=1&ct=result#PPT14,M1</a>
 
[quote author="acpme" date=1225517906]i dont find the views in shady canyon all that appealing. you could have said that was the view from a house in corona and i would have believed it.</blockquote>


Why should view in Shady Canyon be nicer than Corona? A hill is a hill.
 
[quote author="ABC123" date=1225509724]They are too dark and too big and not even aesthetically pleasing. OK, so I am not even remotely close to ever being able to afford a home there, but even if I won the lottery tomorrow I still think the homes are an ugly waste of space. They all look the same.</blockquote>


I must disagree here, but everybody has the right to their opinions.
 
I have to agree that many of the homes seem rather dark, or at least I would prefer more light. We have seen one home which had more light and it had many more windows and larger windows than the usual in Shady Canyon. The sitting agent told us that builder had a very rough time getting the plans approved because Tuscan architecture has smaller and fewer windows, and the proposed buildings all have to pass a board or committee.
 
[quote author="Roo" date=1225548956][quote author="ABC123" date=1225509724]They are too dark and too big and not even aesthetically pleasing. OK, so I am not even remotely close to ever being able to afford a home there, but even if I won the lottery tomorrow I still think the homes are an ugly waste of space. They all look the same.</blockquote>


I must disagree here, but everybody has the right to their opinions.</blockquote>


I also must disagree. For those of us actually in the market here and have spent considerable time evaluating the various offering in Shady Canyon, there are reasons why one would choose larger and much more private lots with serene pastoral views over small crowded lots with neighbors right up next to you sharing an ocean view that can't even be seen at night anyway. It's no wonder so many celebs and professional athletes have chosen Shady Canyon as their home given the amount of privacy it affords.



As a fan of beautiful architecture, I'm amazed at how the plan for Shady Canyon has been able to blend in very well with the surrounding environment and I would hardly call it an 'ugly waste of space'. The land was entirely unaccessible prior to development anyway.



Also didn't mean to 'Thank' the previous post by ABC123 since I disagree...not sure what happened there.
 
For those that follow the home's for sale in Shady Canyon have you noticed the race down to the 5 to 6 million dollar range. You will even find a few that have gone down to the high 4 million range.



At what price will the current home's start selling and how many are coming to market in the next few months?
 
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