Azul @ Portola Springs

NEW -> Contingent Buyer Assistance Program
so what is that space between PS and Lake Forest, I mean, what is the plan for that land eventually?
 
so what is that space between PS and Lake Forest, I mean, what is the plan for that land eventually?
It's currently the FBI's Jerry Crowe Regional Tactical Training Facility. Eventually the land will be consumed when our sun swells into a red giant. Who knows what happens between now and then.

https://voiceofoc.org/2012/07/community-editorial-why-is-the-fbi-shooting-down-a-wildlife-habitat/

https://www.lagunabeachindy.com/new...cle_86412992-27bd-54bf-900e-3e5a2d11a10b.html

https://www.nbclosangeles.com/news/...d-at-fbi-training-facility-in-irvine/3362911/
 
Here's a video

 
Looks like CalPac is following in the footsteps of Shea and starting construction on the next phase even though they still have a lot of unsold homes.

az.jpg
 
Azul is copying Cielo with million dollar price drops.


View attachment 11078
The $1M price cut on lot 88, however lucky (or unlucky) it may be, is impressive.

If we're going off purely $/sqft and Cielo Lot 103 (74 Bright Star) is a recent comp for a builder sold move in ready non view modest backyard home, then $806/sqft is around market price for Bright Star non view homes with a modest backyard.. That puts lot 64 and 66 at $2,592,096. Gonna need another $200k price cut to have a chance at selling soon imho. Or who knows, maybe JC Pacific Corp will bring them a price in-sensitive buyer.

Shea is also offering a $100k broker co-op on move in ready Cielo homes that close in 2026. Any word on what CalPac is offering at Azul?

Lots 85 and 83 are slabs right now. The upgrades are mostly structural, electrical, and cabinets. Still need to pick (and price) floors, counters, and tiles.

Lot 82 is dirt right now. As with 85 and 83, still need to pick (and price) floors, counters, and tiles.
 
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