Single Story Homes

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DrTravel

Active member
During the past ten years or so TIC didn't build any single story houses. A few years back at Pavilion Park there were some high end single story homes that sold well, however Lennar offered a more affordable version at Beechwood that was their worst seller of the three models. At Beacon Park KHOV offered two single story homes - their high end Silvermist is sold out, however their affordable Rosemont model has plenty of availability. Lennar is back at it with their Larkspur models with mild sales success. Now I see that TIC is introducing a single story plan at Eastwood, but only four total. Why the dearth of single story homes from TIC? I would think that the aging population would want them, however the builders are not providing them. What does market research indicate about the future of single story homes. Is buying one a wise investment? Also seems that larger single story homes (2500+ SF) have sold better than smaller models measuring 1800-2200 SF. 
 
TIC is only building those 4 single story homes because I believe they were required to put a few in as part of the zoning requirements / getting all the permits. I think neighbors on the other side were concerned. Not sure of all the specifics but I recall reading something along those lines. 
 
Don't recall high end single story (Pulte) selling well.  Recall them re-permitting.  Interesting that Silvermist is doing as well given it's a very similar floor plan (though better location and larger lots).  I'm interested in the Eastwood single story but will await pricing. 
 
LongIrvine said:
Don't recall high end single story (Pulte) selling well.  Recall them re-permitting.  Interesting that Silvermist is doing as well given it's a very similar floor plan (though better location and larger lots).  I'm interested in the Eastwood single story but will await pricing.
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I think the way to get the aging population is with the downstairs Master and two storey houses with lots of square feet like those Stafford plan 1 models.
 
Single story home has larger footprint(compare to equal sq.ft. of 2 story home) and require larger lot.  With TIC developed small lot, 2000 sq.ft interior space is probably the most builder can squeeze out of 3400 sq.ft. lot.  That single story Belvedere plan 4 even requires zoning variance at back yard which reduce the required 10 feet setback in order to have that 2000 sq.ft interior space.

Since land in Irvine is very expensive and it doesn't cost that much more to build a 2 story 2800 sq.ft home vs single story 2000 sq.ft home, builder don't have that much financial incentive to build single story home.
 
Irvine Dream said:
LongIrvine said:
Don't recall high end single story (Pulte) selling well.  Recall them re-permitting.  Interesting that Silvermist is doing as well given it's a very similar floor plan (though better location and larger lots).  I'm interested in the Eastwood single story but will await pricing.
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I think the way to get the aging population is with the downstairs Master and two storey houses with lots of square feet like those Stafford plan 1 models.
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From a resale perspective, I don't know that is the way to go. Houses with downstairs masters seem to sit on the market a lot longer (as homeowners with families don't tend to young them, especially younger families). I think upstairs master is still a win, but you have a larger downstairs suite (on larger homes) that provides a nice downstairs bedroom that could be an optional 2nd master. 
 
One would think that with Irvine's active lifestyle offerings, seniors would be more fit than ever and won't really need single-story homes well into their 70s or 80s. Clearly, Irvine's demographic make up is still young families at large.
 
Bullsback said:
Houses with downstairs masters seem to sit on the market a lot longer (as homeowners with families don't tend to young them, especially younger families).
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I'd agree. Toll Brother did the same recently when they pulled their only model in the Hidden Canyon community with masters bedroom downstairs. They are no longer building any more of them with half the community still to go.
 
lnc said:
Single story home has larger footprint(compare to equal sq.ft. of 2 story home) and require larger lot.  With TIC developed small lot, 2000 sq.ft interior space is probably the most builder can squeeze out of 3400 sq.ft. lot.  That single story Belvedere plan 4 even requires zoning variance at back yard which reduce the required 10 feet setback in order to have that 2000 sq.ft interior space.

Since land in Irvine is very expensive and it doesn't cost that much more to build a 2 story 2800 sq.ft home vs single story 2000 sq.ft home, builder don't have that much financial incentive to build single story home.
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^ This!  As home builders build new homes on smaller and smaller lots it gets harder and harder to put a single story home onto that lot.  Plus, it comes down to dollars and cents....they can build a 2-story with 2x more square feet on a small lot and sell it for more.  Single-story homes are a dying breed when it comes to new homes.  I'm actually looking for a single-story with a 3-car garage which is a true unicorn. 
 
USCTrojanCPA said:
lnc said:
Single story home has larger footprint(compare to equal sq.ft. of 2 story home) and require larger lot.  With TIC developed small lot, 2000 sq.ft interior space is probably the most builder can squeeze out of 3400 sq.ft. lot.  That single story Belvedere plan 4 even requires zoning variance at back yard which reduce the required 10 feet setback in order to have that 2000 sq.ft interior space.

Since land in Irvine is very expensive and it doesn't cost that much more to build a 2 story 2800 sq.ft home vs single story 2000 sq.ft home, builder don't have that much financial incentive to build single story home.
Click to expand...

^ This!  As home builders build new homes on smaller and smaller lots it gets harder and harder to put a single story home onto that lot.  Plus, it comes down to dollars and cents....they can build a 2-story with 2x more square feet on a small lot and sell it for more.  Single-story homes are a dying breed when it comes to new homes.  I'm actually looking for a single-story with a 3-car garage which is a true unicorn. 
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What do you think of Olivia plan 1?  It's not in Irvine but it's quite impressive.  3989 sq.ft, single-story, 3-car garage and 10,000+ sq.ft. lot!
http://www.talkirvine.com/index.php/topic,11257.msg252958.html#msg252958



 

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Bullsback said:
TIC is only building those 4 single story homes because I believe they were required to put a few in as part of the zoning requirements / getting all the permits. I think neighbors on the other side were concerned. Not sure of all the specifics but I recall reading something along those lines.
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Did I read that right...they're literally building FOUR Belevedere single story homes?!  I like the floorplan and was hoping for my aunt to get one, now I know we won't have a chance.
 
lnc said:
USCTrojanCPA said:
lnc said:
Single story home has larger footprint(compare to equal sq.ft. of 2 story home) and require larger lot.  With TIC developed small lot, 2000 sq.ft interior space is probably the most builder can squeeze out of 3400 sq.ft. lot.  That single story Belvedere plan 4 even requires zoning variance at back yard which reduce the required 10 feet setback in order to have that 2000 sq.ft interior space.

Since land in Irvine is very expensive and it doesn't cost that much more to build a 2 story 2800 sq.ft home vs single story 2000 sq.ft home, builder don't have that much financial incentive to build single story home.
Click to expand...

^ This!  As home builders build new homes on smaller and smaller lots it gets harder and harder to put a single story home onto that lot.  Plus, it comes down to dollars and cents....they can build a 2-story with 2x more square feet on a small lot and sell it for more.  Single-story homes are a dying breed when it comes to new homes.  I'm actually looking for a single-story with a 3-car garage which is a true unicorn. 
Click to expand...

What do you think of Olivia plan 1?  It's not in Irvine but it's quite impressive.  3989 sq.ft, single-story, 3-car garage and 10,000+ sq.ft. lot!
http://www.talkirvine.com/index.php/topic,11257.msg252958.html#msg252958
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Not bad, but it's way too much home for me.  I'd love to get a 2,400 to 3,300sf single-story 3-car garage home. 
 
If I were to buy that house I would probably put in new cabinets, flooring etc.

I gotta say, once you spend your adult years all downstairs you wonder why you didn't opt for that option sooner. I settled for extra rooms upstairs for when my kids come but I still would prefer a single story.
 
Ready2Downsize said:
If I were to buy that house I would probably put in new cabinets, flooring etc.

I gotta say, once you spend your adult years all downstairs you wonder why you didn't opt for that option sooner. I settled for extra rooms upstairs for when my kids come but I still would prefer a single story.
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You mean something like this?

 
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