Bestest Newest Detachedest Home in Irvine for less than $1m?

irvinehomeowner

Well-known member
So that Delano thread messed me up. Can't believe attached new homes are going for almost $1m

I dislike TIC's search page... so can someone who is in the know tell me what new detached homes are going for under $1m?

I saw Petaluma but someone said they were sold out and I saw a few in Portola "Anti-BTB Zone" Springs.

Are there any in the Great "where's the cemetery/homeless shelter" Park?
 
All these GP neighborhoods that are under $1M still have high MR right?  For every $1K more in MR you're paying, I would add $25K to that purchase price to compare apples to apples.  CVE has a fixed $1,700/year MR. 
 
Thanks for the links.

These floorplans make me sad... Adagio has more square footage than Trellis Court but less rooms/living spaces.

Still not liking the Lego look of the new hoods in GP.
 
Mety said:
Yeah, I forgot Trellis Court from CVE and Talise from PS4.
All Cal Pac homes are a good value and have the least amount of dead/wasted space. No extra charge for rain gutters.
 
Mety said:
This is the list you can check $800K to $1M in Irvine for detached homes. (Notice it's including some BR homes also.)
https://www.redfin.com/city/9361/CA/Irvine/filter/property-type=house,min-price=800k,max-price=1M

Tell me which one would work for you.

I was looking for brand new just to keep it simple but if we are looking at resale... the first one I go to is detached condos in Quail Hill:
https://www.redfin.com/CA/Irvine/302-Tall-Oak-92603/home/5921332

$829k detached in Quail Hill is better to me for "appreciation". The floorplan is wonky and it's 3 stories but at least it's not attached.

I've really been out of the Redfin game... I remember when I was actively looking at QH detached products, there were 3CWG detached condos in the mid $700k range.
 
irvinehomeowner said:
Mety said:
This is the list you can check $800K to $1M in Irvine for detached homes. (Notice it's including some BR homes also.)
https://www.redfin.com/city/9361/CA/Irvine/filter/property-type=house,min-price=800k,max-price=1M

Tell me which one would work for you.

I was looking for brand new just to keep it simple but if we are looking at resale... the first one I go to is detached condos in Quail Hill:
https://www.redfin.com/CA/Irvine/302-Tall-Oak-92603/home/5921332

$829k detached in Quail Hill is better to me for "appreciation". The floorplan is wonky and it's 3 stories but at least it's not attached.

I've really been out of the Redfin game... I remember when I was actively looking at QH detached products, there were 3CWG detached condos in the mid $700k range.

You keep saying that but the market has moved. Isn?t that reflected in your (GP) house? 😜
 
bones said:
irvinehomeowner said:
Mety said:
This is the list you can check $800K to $1M in Irvine for detached homes. (Notice it's including some BR homes also.)
https://www.redfin.com/city/9361/CA/Irvine/filter/property-type=house,min-price=800k,max-price=1M

Tell me which one would work for you.

I was looking for brand new just to keep it simple but if we are looking at resale... the first one I go to is detached condos in Quail Hill:
https://www.redfin.com/CA/Irvine/302-Tall-Oak-92603/home/5921332

$829k detached in Quail Hill is better to me for "appreciation". The floorplan is wonky and it's 3 stories but at least it's not attached.

I've really been out of the Redfin game... I remember when I was actively looking at QH detached products, there were 3CWG detached condos in the mid $700k range.

You keep saying that but the market has moved. Isn?t that reflected in your (GP) house? 😜

I'm just surprised how much the market has moved. I expect appreciation in the mid/upper range but the low/middle range is insane.

Our former small house is approaching the $1m mark... that's crazy... I wouldn't buy it for that much.
 
irvinehomeowner said:
bones said:
irvinehomeowner said:
Mety said:
This is the list you can check $800K to $1M in Irvine for detached homes. (Notice it's including some BR homes also.)
https://www.redfin.com/city/9361/CA/Irvine/filter/property-type=house,min-price=800k,max-price=1M

Tell me which one would work for you.

I was looking for brand new just to keep it simple but if we are looking at resale... the first one I go to is detached condos in Quail Hill:
https://www.redfin.com/CA/Irvine/302-Tall-Oak-92603/home/5921332

$829k detached in Quail Hill is better to me for "appreciation". The floorplan is wonky and it's 3 stories but at least it's not attached.

I've really been out of the Redfin game... I remember when I was actively looking at QH detached products, there were 3CWG detached condos in the mid $700k range.

You keep saying that but the market has moved. Isn?t that reflected in your (GP) house? 😜

I'm just surprised how much the market has moved. I expect appreciation in the mid/upper range but the low/middle range is insane.

Our former small house is approaching the $1m mark... that's crazy... I wouldn't buy it for that much.

Yes, the market has gone crazy. Do you see why people are talking about appreciation all the time here?
Low/middle range is even more HOT since they are affordable to more people than mid/upper range.
And most likely investors will buy those in cash and rent it out or not even rent it out so they just sit there until they dump it to the next buyer while enjoying $100K + appreciation easily.

GP homes are priced a little lower than TIC homes. But they have significant more amount of MR so when regular folks with 20% down try to calculate, they end up with more monthly payments. Even for FCB, they will have to pay more tax each year as well. People are not dumb and there are reasons that they are buying attached homes with ridiculous price range.

For me personally though, I wouldn't bother paying $1M for an attached townhouse, but investors will think differently at this interesting time.




 
Burn That Belly said:
bones said:
irvinehomeowner said:
Mety said:
This is the list you can check $800K to $1M in Irvine for detached homes. (Notice it's including some BR homes also.)
https://www.redfin.com/city/9361/CA/Irvine/filter/property-type=house,min-price=800k,max-price=1M

Tell me which one would work for you.

I was looking for brand new just to keep it simple but if we are looking at resale... the first one I go to is detached condos in Quail Hill:
https://www.redfin.com/CA/Irvine/302-Tall-Oak-92603/home/5921332

$829k detached in Quail Hill is better to me for "appreciation". The floorplan is wonky and it's 3 stories but at least it's not attached.

I've really been out of the Redfin game... I remember when I was actively looking at QH detached products, there were 3CWG detached condos in the mid $700k range.

You keep saying that but the market has moved. Isn?t that reflected in your (GP) house? 😜

iho bought in GP?  traitor

He will join you when he finally buys the ultimate driving machine.
 
Burn That Belly said:
I don't think there is a bestest, newest, and detachest home in Irvine for under $1m. At least it won't be in a reasonably good location and it may have incredibly high MR to swallow as well.

GP MR's are the worst. Unlike a mortgage which is fixed interest and can be paid off, MR's increase and in some cases are in perpetuity to fund the maintenance and operations forever. The sad part is, GP is completely public and open. Any other TIC resident or riff-raffs can waltz in and enjoy equal opportunity amenities without paying that MR. Is that not the biggest scam of the century? I think so.

The only option is resale or get the Hyundai.

This is 2018, not 2014.
As IHS said, CVE residents have even better access to the GP amenities paid for by GP residents.

MR is like "Resort Fees", just a scam to conceal the true price.
 
Happiness said:
Burn That Belly said:
I don't think there is a bestest, newest, and detachest home in Irvine for under $1m. At least it won't be in a reasonably good location and it may have incredibly high MR to swallow as well.

GP MR's are the worst. Unlike a mortgage which is fixed interest and can be paid off, MR's increase and in some cases are in perpetuity to fund the maintenance and operations forever. The sad part is, GP is completely public and open. Any other TIC resident or riff-raffs can waltz in and enjoy equal opportunity amenities without paying that MR. Is that not the biggest scam of the century? I think so.

The only option is resale or get the Hyundai.

This is 2018, not 2014.
As IHS said, CVE residents have even better access to the GP amenities paid for by GP residents.

MR is like "Resort Fees", just a scam to conceal the true price.

I will say.  At least 5P has their pools and parks together. The facilities for cadence park are already open. Went to Altair this weekend. The pool/common area is still under construction. Doesn?t look like it?ll be ready for this summer. Haven?t people been living there for months?
 
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