Olivewood at Portola Springs by New Home Co.

NEW -> Contingent Buyer Assistance Program
irvinehomeowner said:
Welcome to TalkIrvine @vchoi . Don't you think any of these homes are overpriced?
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Just my 2 cents. I think vast majority of the buyers in Irvine are investors now. They don't care about how expensive the house is, but how the price is going. This is why around June last year, when everyone every investor realized the growth is ending, people just stopped buying within weeks. Maybe some days investors want their money out then the price will collapse, maybe some days more rich full cash buyers show up out of nowhere and the price will rise. Either way it's a investors game.

Local working classes are priced out long time ago. If you don't own a house in Irvine now then you probably not going to buy one anytime soon. Most people I know buys Ladera Ranch, Anaheim Hills, RSM etc.
 
vchoi said:
I personally don't like the kitchen counter in Olivewood Plan 3. The center seems unreachable for most people. I also prefer the entry door in front of the house instead of on the side. It's just looks nicer imo. Also Olivewood generally has much smaller lot size.

I could be wrong but I think the 3,215 sqft of Azul 2X does not includes the bonus room that they most likely gonna option for you. So it's actually a much larger plan. I think they stopped making the original Plan 2 long time ago.
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Actually, Azul Plan 2X is 3215 sqft. Original Plan 2 was around 2900 sqft or so. Original Azul Plan 3 was around 3200 sqft and 3X is 3552, making it bigger Cielo Plan 3's 3473 sqft.
 
CalBears96 said:
Actually, Azul Plan 2X is 3215 sqft. Original Plan 2 was around 2900 sqft or so. Original Azul Plan 3 was around 3200 sqft and 3X is 3552, making it bigger Cielo Plan 3's 3473 sqft.
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Oh so the 3215 already included the loft. Good to know. It says open to below as default and the loft is optional on their website. So I thought it would be bigger.
Not surprised though. California Pacific is not so good with showing floor plans on their website. Actually they are not good with website at all. It looks like the website is from the 90s.
 
CalBears96 said:
Still, though, paying an extra $1M for end unit big lot isn't worth it.
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Maybe not for an investment home, but if you're going to live in it yourself having fewer neighbors, an unobstructed view and larger lot is worth it especially in Irvine where all the other homes are packed in like sardines.
 
test said:
Maybe not for an investment home, but if you're going to live in it yourself having fewer neighbors, an unobstructed view and larger lot is worth it especially in Irvine where all the other homes are packed in like sardines.
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It's not $1M premium for view AND larger lot. It's $1M premium for JUST larger lot. Both lots 74 and 80 are view lots, but lot 74 is $1M more expensive. The other thing is that in terms of distance from the house to the back wall, it's the same. Even though lot 74 says 6097 sq ft lot, its back yard is no bigger than the other homes, still packed in like sardines. Its extra space comes from the side/front yard outside of the house since it's at the end of the street. That's definitely NOT worth $1M. I wouldn't even pay an extra $300k for it.
 
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