Talk Irvine

General => Real Estate => Irvine Real Estate => Topic started by: stonks on September 14, 2020, 02:46:52 PM

Title: Fresco @ Eastwood Village
Post by: stonks on September 14, 2020, 02:46:52 PM
Thoughts on the floorplans? Would've liked a single-story floorplan with a real driveway (not Napa), but 2101 sf/(55' x 85' Morro lot) < 45%! The larger plans are also pretty efficient (4 beds + loft + vaulted ceilings).

Plan 1 (2101 sf)
(https://www.irvinepacific.com/media/3311/fresco_plan1cr_firstfloor.jpg?quality=60&format=webp)
(https://www.irvinepacific.com/media/3312/fresco_plan1cr_secondfloor.jpg?quality=60&format=webp)

Plan 2 (2325 sf)
(https://www.irvinepacific.com/media/3313/fresco_plan2dr_firstfloor.jpg?quality=60&format=webp)
(https://www.irvinepacific.com/media/3314/fresco_plan2dr_secondfloor.jpg?quality=60&format=webp)

Plan 3 (2414 sf)
(https://www.irvinepacific.com/media/3315/fresco_plan3h_firstfloor-1.jpg?quality=60&format=webp)
(https://www.irvinepacific.com/media/3316/fresco_plan3h_secondfloor-1.jpg?quality=60&format=webp)
Title: Re: Fresco @ Eastwood Village
Post by: misme on September 14, 2020, 09:49:57 PM
These floorplans look identical to all the generic 3 BR up, 1 down, great room houses in all the new developments.

Title: Re: Fresco @ Eastwood Village
Post by: Sidehussle on September 15, 2020, 10:15:14 AM
Fresco @ Eastwood lots are small (~4000 sq ft.) so these plans seem to be the right scale.
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on September 15, 2020, 10:29:54 AM
I hope that these homes have a driveway.
Title: Re: Fresco @ Eastwood Village
Post by: Mety on September 15, 2020, 10:53:01 AM
I hope that these homes have a driveway.

My guess is they will, based on the floorplan the downstairs bedroom/office sticking out next to the porch/entrance and the garage. Usually the ones without a proper driveway are designed flat on those areas. I could be wrong. Just guessing. 
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on September 15, 2020, 01:19:17 PM
I hope that these homes have a driveway.

My guess is they will, based on the floorplan the downstairs bedroom/office sticking out next to the porch/entrance and the garage. Usually the ones without a proper driveway are designed flat on those areas. I could be wrong. Just guessing. 

Yeah, based upon the floor plan it looks like the layout is driveway friendly but you never know nowadays.
Title: Re: Fresco @ Eastwood Village
Post by: Mety on September 15, 2020, 01:20:55 PM
I hope that these homes have a driveway.

My guess is they will, based on the floorplan the downstairs bedroom/office sticking out next to the porch/entrance and the garage. Usually the ones without a proper driveway are designed flat on those areas. I could be wrong. Just guessing. 

Yeah, based upon the floor plan it looks like the layout is driveway friendly but you never know nowadays.

Yeah, it could be shared driveways.
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on September 15, 2020, 01:32:12 PM
I hope that these homes have a driveway.

My guess is they will, based on the floorplan the downstairs bedroom/office sticking out next to the porch/entrance and the garage. Usually the ones without a proper driveway are designed flat on those areas. I could be wrong. Just guessing. 

Yeah, based upon the floor plan it looks like the layout is driveway friendly but you never know nowadays.

Yeah, it could be shared driveways.

That would suck if that was true. I'm sure they'll charge $500/sf+ so the least they could do is give the buyers their own driveway.
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on September 16, 2020, 02:35:32 PM
Tell that to NHC with Atlas over at Rise park. I could almost bet that IP is going to motorcourt these.
Title: Re: Fresco @ Eastwood Village
Post by: Cares on September 16, 2020, 08:43:58 PM
https://www.irvinepacific.com/homes/eastwood-village/fresco

The website shows mock ups of the homes that have driveways that are not courtyard style.

Also does someone know where the homes will be in Eastwood? I'm not sure where the actual neighborhood is.
Title: Re: Fresco @ Eastwood Village
Post by: irvinehomeowner on September 16, 2020, 08:48:48 PM
Site plan seems like it's normal streets. If it's like the mock-up where there is a berm and sidewalk that's even better.

(https://www.irvinepacific.com/media/3284/fresco_1c_s-4_comp_v003_thohel_pre01.jpg?anchor=center&mode=crop&width=428&heightratio=0.6705607476635514018691588785&format=webp&quality=60&slimmage=true&rnd=132443082650000000)
Title: Re: Fresco @ Eastwood Village
Post by: yes2 on September 16, 2020, 09:11:05 PM
Location at end of Rotunda, cross street imagination trail.

https://www.google.com/maps/place/33%C2%B043'12.1%22N+117%C2%B044'48.7%22W/@33.7200264,-117.7490597,17z/data=!3m1!4b1!4m14!1m7!3m6!1s0x80dcdcc70e7d8cd3:0xdbcea38d7b96f3b1!2sRotunda+%26+Little+Hill,+Irvine,+CA+92620!3b1!8m2!3d33.7143238!4d-117.7526113!3m5!1s0x0:0x0!7e2!8m2!3d33.7200218!4d-117.7468714
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on September 16, 2020, 09:14:34 PM
125 Parakeet. I’ll go drive by the site tmr.
Title: Re: Fresco @ Eastwood Village
Post by: irvinehomeowner on September 16, 2020, 09:30:46 PM
Based on the map by yes2, the other homes have a bermed sidewalk so that's most likely driveways... and longer ones because of the berms.

That's actually a nice area as it back the Hicks Canyon bike/walk trail and you can take that to JOST (wheeeee!).
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on September 16, 2020, 10:18:49 PM
These lots are in some of the best sections of Eastwood. I expect starting prices of 1.45 million or 1.5 million.
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on September 17, 2020, 09:40:24 AM
These lots are in some of the best sections of Eastwood. I expect starting prices of 1.45 million or 1.5 million.

For 2,100sf homes? 
Title: Re: Fresco @ Eastwood Village
Post by: yes2 on September 17, 2020, 10:15:20 AM
I guess the 2100sf homes will be priced around 1.25-1.3 range
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on September 18, 2020, 12:02:15 PM
The 2100sf ones possibly at 1.35 mil. The Piedmont homes by IP in Eastwood (2200 sf) are reselling at 1.275 mil. The Piedmonts ar e pseudo SFRs since there are no sidewalks and no street parking. If Frescos are true SFRs with sidewalks and available street parking, then I think 1.35 Mil is a possible starting price. Also depends on how well the KB homes is selling  the Solano nearby...those KB home lots I think are not in the best pockets of eastwood.
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on September 18, 2020, 12:53:20 PM
Don't forget with their marketing and making the uninformed think they are top quality builders, IP charges more per sqft than most. Plus this is a good location in Eastwood.
Title: Re: Fresco @ Eastwood Village
Post by: stonks on September 25, 2020, 11:02:14 PM
(https://www.irvinepacific.com/media/3304/fresco_sitemap.jpg?anchor=center&mode=crop&width=920&heightratio=0.8095238095238095238095238095&format=webp&quality=100&slimmage=true&rnd=132435327010000000)

(http://i1233.photobucket.com/albums/ff390/Ps99472/morro1_zpsntxeqtuh.jpg)
Title: Re: Fresco @ Eastwood Village
Post by: trematix on September 26, 2020, 09:53:12 AM
total noob questions, but what makes it the best section of Eastwood?
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on October 17, 2020, 10:06:30 PM
Grand Opening next Sat. Prequal supposed to be opening tmr. Not expecting much of a wait list for this one but as usual if you're picky about lots get in early so you can have your choice. Models were nice for IP homes.
Title: Re: Fresco @ Eastwood Village
Post by: misme on October 17, 2020, 10:52:23 PM
total noob questions, but what makes it the best section of Eastwood?

Isn't this the section of Eastwood  that's closest to the Asphalt plant?
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 18, 2020, 09:22:18 AM
total noob questions, but what makes it the best section of Eastwood?

Isn't this the section of Eastwood  that's closest to the Asphalt plant?

That's true....these are the lots closest to portola pkwy
Title: Re: Fresco @ Eastwood Village
Post by: Seeding on October 19, 2020, 01:50:54 PM
total noob questions, but what makes it the best section of Eastwood?

Isn't this the section of Eastwood  that's closest to the Asphalt plant?

That's true. From my understanding, some of the most outspoken protestors against All American Asphalt live in the part between Alpine and the Hicks Canyon Trail. Residents there are obviously unhappy because they paid higher prices for houses there.
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 19, 2020, 03:23:31 PM
Has IrvinePacific released pricing for Fresco? I still see "pricing coming soon" on their website
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 19, 2020, 03:47:49 PM
I think they will release pricing on the Day of grand opening or a day before that. I am guessing it will start at 1.4 million for the smallest plan Residence 1.
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 19, 2020, 04:57:23 PM
Thank you. Solano @eastwood are selling 3000 sqft homes for 1.4 mil. Why do you think people would buy 2200sqft home @Fresco  for same price.   Should not not start with lower price and IP normally increase price every phase. They may not have any margin left if they start at 1.4 mil.  I could be wrong. 
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 19, 2020, 06:51:39 PM
Thank you. Solano @eastwood are selling 3000 sqft homes for 1.4 mil. Why do you think people would buy 2200sqft home @Fresco  for same price.   Should not not start with lower price and IP normally increase price every phase. They may not have any margin left if they start at 1.4 mil.  I could be wrong.
I see your point. I was going by the memory of the Piedmont homes from IP in Eastwood that were of 2200 sqt and last phases in 2019 I think went for base close to 1.3 million. Now since Fresco is supposed to true SFR and given the demand with lower interest rates, I am guessing 1.4 mil start price.

Any one knows how the Solano & Napa homes are selling in the neighbourhood?
Title: Re: Fresco @ Eastwood Village
Post by: fly on October 19, 2020, 08:19:10 PM
Very bad. 8 months still phase 2
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 19, 2020, 08:59:37 PM
Makes sense. Around 1.4 to 1.5 mil, there lot of homes in stonegate too that have more than 3000 sqft and also bigger lots. And more importantly, they come with some upgrades.  Let's wait till 24th and see how IP would price these.

If any one could get pricing details before 24th, please post here
Title: Re: Fresco @ Eastwood Village
Post by: fly on October 19, 2020, 09:12:42 PM
resd1 1.25M
resd2 1.35M
Resd3 1.40M
resd3x 1.45M

I am guessing

Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 20, 2020, 10:52:46 AM
You were right... It is starting from 1.4 mil

Model 1 - 1.4
Model 2 - 1.5
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 20, 2020, 11:06:54 AM
Wow....new homes are getting extremely price. A 2275 sqt one at 1.4 million base.
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on October 20, 2020, 11:09:12 AM
Wow....new homes are getting extremely price. A 2275 sqt one at 1.4 million base.

Its IP
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 20, 2020, 11:41:27 AM
Yes, IP was able to sell everything so far... And they can hold on till they find right customer.
Title: Re: Fresco @ Eastwood Village
Post by: Sidehussle on October 20, 2020, 02:37:45 PM
https://www.irvinepacific.com/homes/eastwood-village/fresco?&utm_medium=email&utm_source=ip_consumer_lead_fresco&utm_campaign=ip_consumer_fresco_mar_10.20.20#overview

Smallest residence 1 with 2,277 sq ft starting from $1.4 millions. Didn't know Eastwood would be pricing > $612 per foot, wow! 

What pandemic recession?!
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 20, 2020, 02:57:10 PM
Most folks must have anticipated the smallest residence 1 to start at high 1.2 million or low 1.3 million. But IP knows it can sell and another thing is, rates are also so low now. I plan to go take a look , next door to where I live.

Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on October 20, 2020, 04:21:45 PM
Wow, $600/sf with no upgrades and landscaping...that's higher than Orchard Hills.  I guess iPac thinks it can sell the homes at that price since they are selling their Portola Springs homes over $500/sf since this is Eastwood. The inventory levels in the middle market are also starting to shrink so maybe they are going to see if people are willing to pay higher prices.
Title: Re: Fresco @ Eastwood Village
Post by: Leaf on October 20, 2020, 04:57:17 PM
In 2017, Belvedere Plan 1 (approx 2,400 sqft) was selling for a starting price of $1.1 million. Calistoga plan 1 (approx. 3,000 sqft.) was starting from $1.3 million and the sales were so bad that William Lyons sold the remaining lots to IP.

Now starting from $1.4 million for houses less than 2,300 sqft??  IP certainly is confident! 
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 20, 2020, 05:21:52 PM
Heard that Solano was not doing that great and still in phase 2. Let's see if Irvine Pacific would be able to sell these at this price.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 20, 2020, 07:39:54 PM
If IP is still able to get oversees Chinese investors to buy, then 1.4 mil for 2300 sf will sell......I think IP has brand name there.
Title: Re: Fresco @ Eastwood Village
Post by: cgs37 on October 20, 2020, 10:21:48 PM
Heard that Solano was not doing that great and still in phase 2. Let's see if Irvine Pacific would be able to sell these at this price.

Was over at Solano this past weekend and they’re selling phase 3 currently. All layouts around 3000sqft for 1.4M.

I’m not really familiar with the reputation etc, but why is a smaller home from IP cost as much? I know the Fresco locations are better, but still?
Title: Re: Fresco @ Eastwood Village
Post by: JadedOne on October 21, 2020, 10:22:48 AM
That is ridiculous pricing for a home that small imo. It has the Irvine schools and is new, but otherwise I think most people would buy elsewhere. $600+/sqft is a different level of pricing and just doesn't seem worth it.
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 21, 2020, 11:06:58 AM
Yes, at that price point 1.4  or 1.5 mil, you can get lot of homes with around 3000 sqft  in stonegate or Northwood and those include good upgrades too. Even east wood have Solano and Napa at same price point but has much bigger homes.

May be IP got little bit greedy here. Or they are confident on their may  marketing skills to sell it.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 21, 2020, 01:16:18 PM
It will be interesting to know if the offered  homes get reserved at that price point on the day of grand opening. I remember Napa seemed very high priced but the day of grand opening, some of the homes were taken as soon as they were offered.
IP probably has a good sense of their pricing. Like they may have gauged interest from folks visiting OH Reserve or Portola springs when they mentioned this upcoming project in Eastwood.
Title: Re: Fresco @ Eastwood Village
Post by: Sidehussle on October 21, 2020, 03:03:54 PM
If IP is still able to get oversees Chinese investors to buy, then 1.4 mil for 2300 sf will sell......I think IP has brand name there.

The China FCB gold rush is over. Emperor Xi effectively stopping all capital outflows from CCCP (but a few may trickle here and there)...Volumes not like it was back in 2017/2018.
Title: Re: Fresco @ Eastwood Village
Post by: WTTCHMN on October 24, 2020, 03:01:58 PM
Today was the most sedate grand opening I’ve seen in recent memory.  Not sure if it was the prices that scared people away, or if it was the protestors picketing in front of the models.

I’m sure TIC is not happy with the negative publicity.  They even had to hire goons to keep the protestors at bay.

They were peaceful, but I felt like a scab crossing the picket line.
Title: Re: Fresco @ Eastwood Village
Post by: qwerty on October 24, 2020, 03:52:18 PM
What were they protesting?
Title: Re: Fresco @ Eastwood Village
Post by: Nguyen80 on October 24, 2020, 04:52:06 PM
The asphalt factory.

Models were well appointed but the layouts... god why does anyone like IP floorplans?!
Title: Re: Fresco @ Eastwood Village
Post by: Irvine9 on October 24, 2020, 06:31:12 PM
Mostly prices would have scared people. After minimum upgrades, it would be at least 1.5 million for 2250sqft home. And if you include backyard, window treatments that most people do after closing, it would be close to 1.55 mil. 

And on top of that elections and potential economic down turn in near future make this investment more risky.

Only positive is low interest rates...
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on October 24, 2020, 06:38:16 PM
Prices are super high, especially the residence 1 for 1.4 Million is extremely tiny. The downstairs bed could hardly fit a queen bed. The lot sizes is big compared to others in Eastwood. Btw, learnt that Solano nearby increased their price today looking at the opening price for Fresco. And the Napa had lots of visitors as Napa prices look more competitive to Fresco. That being said, I think there is a lot of demand and these will sell at the high prices without even foreign money.
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on October 24, 2020, 07:46:21 PM
Was here today. Against my recommendation I have one client that's going to get phase 1 here. To each their own.
Title: Re: Fresco @ Eastwood Village
Post by: dadbodmortgage on October 24, 2020, 08:37:00 PM
Which plan is your client purchasing? Also why are you advising against phase 1?

Lower prices to come?
Title: Re: Fresco @ Eastwood Village
Post by: WTTCHMN on October 24, 2020, 10:02:42 PM
What were they protesting?

This video is pretty slick.  Clever to use kids as the messenger.  A real kick to the nuts of TIC.

Title: Re: Fresco @ Eastwood Village
Post by: Compressed-Village on October 24, 2020, 10:36:02 PM
So where is BTB with the toxic lands?

He must be part of the protestors today.
Title: Re: Fresco @ Eastwood Village
Post by: aquabliss on October 24, 2020, 11:29:36 PM
We’re all wearing masks now, should be a non-issue.
Title: Re: Fresco @ Eastwood Village
Post by: qwerty on October 25, 2020, 10:55:13 AM
That’s a hell of an endorsement for orchard hill, Eastwood, stonegate etc. given how far portol springs is from Eastwood and stonegate, Portorla springs is looking pretty good right about now. Hell even the great park sounds better, at least their toxic chemicals are underground so out of sight out of mind
Title: Re: Fresco @ Eastwood Village
Post by: Compressed-Village on October 25, 2020, 11:49:26 AM
All these are still better than Waste Management Recycling processing center and cement facility on Jamboree and Baranca a stone throw away from Tustin Field homes and surrounding area of the Tustin district location.






Title: Re: Fresco @ Eastwood Village
Post by: qwerty on October 25, 2020, 12:06:36 PM
All these are still better than Waste Management Recycling processing center and cement facility on Jamboree and Baranca a stone throw away from Tustin Field homes and surrounding area of the Tustin district location.








It’s a good thing I don’t live by the waste management site. And I I don’t know about the accuracy of your statement. Whatever trash smell comes from the waste management site off of jamboree just comes from the trash that is already inside everyone’s homes. Asphalt smell is probably actually toxic vs trash smell

And we all know an actual landfill that is near orchard hills, Eastwood, stonegate, Woodbury and great park is worse than an a waste management facility.

Hey at least you guys still have great schools! :-)
Title: Re: Fresco @ Eastwood Village
Post by: CogNeuroSci on October 25, 2020, 12:21:49 PM
All these are still better than Waste Management Recycling processing center and cement facility on Jamboree and Baranca a stone throw away from Tustin Field homes and surrounding area of the Tustin district location.








It’s a good thing I don’t live by the waste management site. And I I don’t know about the accuracy of your statement. Whatever trash smell comes from the waste management site off of jamboree just comes from the trash that is already inside everyone’s homes. Asphalt smell is probably actually toxic vs trash smell

And we all know an actual landfill that is near orchard hills, Eastwood, stonegate, Woodbury and great park is worse than an a waste management facility.

Hey at least you guys still have great schools! :-)

Don't forget Portola Springs is also right there by the landfill. I'm so glad that the only thing I'll have to worry about is airborne toxins from the landfill! What a relief.
Title: Re: Fresco @ Eastwood Village
Post by: akkord on October 25, 2020, 09:04:40 PM
I guess if you're superstitious some parts of PS were Native American burial grounds right?  Maybe I'm wrong.
Title: Re: Fresco @ Eastwood Village
Post by: Sidehussle on October 27, 2020, 04:20:54 PM
Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).
Title: Re: Fresco @ Eastwood Village
Post by: trematix on October 27, 2020, 04:37:09 PM
Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).

I'm curious to know the same. Hopefully no one gets seriously hurt and no one loses there homes.

I was actively looking in OH and GP and now contemplating if it's worth it. With climate change, not sure this will get any better down the road...
Title: Re: Fresco @ Eastwood Village
Post by: Dr. CA Real Estate on October 27, 2020, 08:38:12 PM
Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).

Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).

Short answer: No

Yesterday and today Ive received calls asking if already scheduled tours have to be canceled or request for new ones lol. Then there's questions regarding if they can get a better deal now if the owner is scared or for new builds, if they have moved up on the priority list with the competition scared off. Thats just for the evacuation zones. Business as usual elsewhere.

Title: Re: Fresco @ Eastwood Village
Post by: Kangen.Irvine on October 28, 2020, 07:52:16 AM
I believe this was a concern with the 2008 fire being closer to Portola Parkway and Northwood, but any local residents have any insight to offer related to home insurance or fire insurance policies?
Title: Re: Fresco @ Eastwood Village
Post by: trematix on October 28, 2020, 05:28:59 PM
Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).

Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).

Short answer: No

Yesterday and today Ive received calls asking if already scheduled tours have to be canceled or request for new ones lol. Then there's questions regarding if they can get a better deal now if the owner is scared or for new builds, if they have moved up on the priority list with the competition scared off. Thats just for the evacuation zones. Business as usual elsewhere.

I def dont think that is the majority. My opinion, it'll have an affect. It's not going to crash the market but it'll slow it down.
Title: Re: Fresco @ Eastwood Village
Post by: dadbodmortgage on November 14, 2020, 12:55:57 PM
How are these selling? They just released Phase 2, which i think was the 3rd release since the grand opening. (Phase 3, Phase 4, and now Phase 2).
Title: Re: Fresco @ Eastwood Village
Post by: cgs37 on November 14, 2020, 01:19:47 PM
Sounds like it’s selling faster than Solanos but would depend on how many homes per phase
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on May 22, 2021, 07:03:52 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on May 28, 2021, 05:00:23 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....
Title: Re: Fresco @ Eastwood Village
Post by: Slevinkelevra on June 16, 2021, 09:58:01 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 16, 2021, 11:08:05 PM
so we ended up getting into a contract for plan 1x. There was always desire for us to own a true SFR with driveway, and this home came very close to it if not ideal.
Initially we felt plan 1 price itself way too high and therefore didnt even pay much attention to plan 2. But,  actually plan 2 floor plan is much better. This would mean another 100k or 500$ more per month if financed. Sticking with plan 1x...got a 180 day rate lock in case rates go up next year.
Title: Re: Fresco @ Eastwood Village
Post by: ThirtySomethingWEquity on June 17, 2021, 10:27:16 AM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.

holy SHIT, with landscaping and upgrades you're talking a 1.8M house (or more!).   I get that Irvine is desirable, but definitely look at what you can get for 1.8 in Tustin Ranch or Foothill Ranch/Baker Ranch.  Geez. 
Title: Re: Fresco @ Eastwood Village
Post by: sleepy5136 on June 17, 2021, 10:55:09 AM
so we ended up getting into a contract for plan 1x. There was always desire for us to own a true SFR with driveway, and this home came very close to it if not ideal.
Initially we felt plan 1 price itself way too high and therefore didnt even pay much attention to plan 2. But,  actually plan 2 floor plan is much better. This would mean another 100k or 500$ more per month if financed. Sticking with plan 1x...got a 180 day rate lock in case rates go up next year.
congrats!! question for you, what made you go new construction in the 1m-2m price range? Did you look into buying a resale that requires work and dumping money for renovations instead?
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 17, 2021, 04:25:45 PM
i think in today's market resale is closing in on the pricing for new construction. If the below townhome in QH listed at 1.45 million can go pending in matter of days, then new construction at 1.5 mil base price looks more apealling:
https://www.redfin.com/CA/Irvine/207-Tuberose-92603/home/5918084
Title: Re: Fresco @ Eastwood Village
Post by: irviniteeee on June 17, 2021, 04:29:45 PM
i think in today's market resale is closing in on the pricing for new construction. If the below townhome in QH listed at 1.45 million can go pending in matter of days, then new construction at 1.5 mil base price looks more apealling:
https://www.redfin.com/CA/Irvine/207-Tuberose-92603/home/5918084

And here I was laughing at the price of that one and the other one for sale by it, but I guess someone liked it! Lol.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 17, 2021, 04:35:06 PM
i think in today's market resale is closing in on the pricing for new construction. If the below townhome in QH listed at 1.45 million can go pending in matter of days, then new construction at 1.5 mil base price looks more apealling:
https://www.redfin.com/CA/Irvine/207-Tuberose-92603/home/5918084

And here I was laughing at the price of that one and the other one for sale by it, but I guess someone liked it! Lol.

Location is another consideration. to justify the high price of the QH townhome...I figure QH is very desirable location being south of 405 and zoned to uni high.
Title: Re: Fresco @ Eastwood Village
Post by: Slevinkelevra on June 18, 2021, 03:18:33 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.

holy SHIT, with landscaping and upgrades you're talking a 1.8M house (or more!).   I get that Irvine is desirable, but definitely look at what you can get for 1.8 in Tustin Ranch or Foothill Ranch/Baker Ranch.  Geez. 

I agree with you completely.  The cost basis is too high. In fact there are other options (new construction) that offer more for your dollar.  Genoa in Orchard Hills Groves is 1.78 and is 3,800 sq. ft. and gated.  But it's Tustin Unified and a KB home.  I have a friend with a brand new KB Home and it was littered with construction issues so their reputation about marginal build quality held true.  Irvine Pacific has a better build reputation, and they always choose the best plots of land within a community. 
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on June 18, 2021, 07:56:26 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.

holy SHIT, with landscaping and upgrades you're talking a 1.8M house (or more!).   I get that Irvine is desirable, but definitely look at what you can get for 1.8 in Tustin Ranch or Foothill Ranch/Baker Ranch.  Geez. 

I agree with you completely.  The cost basis is too high. In fact there are other options (new construction) that offer more for your dollar.  Genoa in Orchard Hills Groves is 1.78 and is 3,800 sq. ft. and gated.  But it's Tustin Unified and a KB home.  I have a friend with a brand new KB Home and it was littered with construction issues so their reputation about marginal build quality held true.  Irvine Pacific has a better build reputation, and they always choose the best plots of land within a community. 

And this is why is it so important to get a home inspection on a new home.
Title: Re: Fresco @ Eastwood Village
Post by: akkord on June 18, 2021, 08:55:14 PM
so we ended up getting into a contract for plan 1x. There was always desire for us to own a true SFR with driveway, and this home came very close to it if not ideal.
Initially we felt plan 1 price itself way too high and therefore didnt even pay much attention to plan 2. But,  actually plan 2 floor plan is much better. This would mean another 100k or 500$ more per month if financed. Sticking with plan 1x...got a 180 day rate lock in case rates go up next year.

That's nuts, how big are the lots? 
Title: Re: Fresco @ Eastwood Village
Post by: Slevinkelevra on June 18, 2021, 10:55:05 PM
so we ended up getting into a contract for plan 1x. There was always desire for us to own a true SFR with driveway, and this home came very close to it if not ideal.
Initially we felt plan 1 price itself way too high and therefore didnt even pay much attention to plan 2. But,  actually plan 2 floor plan is much better. This would mean another 100k or 500$ more per month if financed. Sticking with plan 1x...got a 180 day rate lock in case rates go up next year.

That's nuts, how big are the lots? 

Models are 4800 sq. ft. which is a little deceptive because they are using a hedge of ficus nitida to represent the back wall (the actual block wall is 15-20 further back which you can kind of see through.)  The average plots are supposed to be about 4400 sq ft with a handful of larger exceptions in both the Orchard Hills and Eastwood development.
Title: Re: Fresco @ Eastwood Village
Post by: Slevinkelevra on June 18, 2021, 11:01:25 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.

holy SHIT, with landscaping and upgrades you're talking a 1.8M house (or more!).   I get that Irvine is desirable, but definitely look at what you can get for 1.8 in Tustin Ranch or Foothill Ranch/Baker Ranch.  Geez. 

I agree with you completely.  The cost basis is too high. In fact there are other options (new construction) that offer more for your dollar.  Genoa in Orchard Hills Groves is 1.78 and is 3,800 sq. ft. and gated.  But it's Tustin Unified and a KB home.  I have a friend with a brand new KB Home and it was littered with construction issues so their reputation about marginal build quality held true.  Irvine Pacific has a better build reputation, and they always choose the best plots of land within a community. 

And this is why is it so important to get a home inspection on a new home.

Agreed Martin, however this was an unusual situation where water was coming in the windows on one side of the home and inside the walls during the first rain they experienced in the home.  It turned out the flashing on the roof was done incorrectly and the water was actually traveling inside the walls and coming out the window frames.  My friend was fortunate he is a lawyer and threatened KB with a class action suit. Miraculously 4 teams of repair crews showed up within 48 hours, found the problem and repaired it.  All of his initial requests through customer service the prior 3 months were ignored. 
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 19, 2021, 12:08:39 AM
Lot sizes currently sold in EW Fresco is ~4800 sqt.
Title: Re: Fresco @ Eastwood Village
Post by: Slevinkelevra on June 19, 2021, 11:43:11 AM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.

holy SHIT, with landscaping and upgrades you're talking a 1.8M house (or more!).   I get that Irvine is desirable, but definitely look at what you can get for 1.8 in Tustin Ranch or Foothill Ranch/Baker Ranch.  Geez. 

I agree with you completely.  The cost basis is too high. In fact there are other options (new construction) that offer more for your dollar.  Genoa in Orchard Hills Groves is 1.78 and is 3,800 sq. ft. and gated.  But it's Tustin Unified and a KB home.  I have a friend with a brand new KB Home and it was littered with construction issues so their reputation about marginal build quality held true.  Irvine Pacific has a better build reputation, and they always choose the best plots of land within a community.

Well I need to correct myself, the Genoa has been raised from $1,780,000 to $1,951,000 as of this morning so my comparison no longer is accurate.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 19, 2021, 12:17:03 PM
IP is continuing to do well. They have plus size models ( Residence 1x, 2x, 3×) opened today. I am considering plan 1×...not too much interior space at 2389Sf but after Salono/Napa in final phases, Fresco seems good value if you want to live in Eastwood.
I am eyeing a Plan 1x at 2389 Sqt as an upgrade from my current Petaluma Plan 3 (2045 sqt).  But sometimes, I wonder if it's really an upgrade. On paper, Fresco is a true SFR and has a bigger lot, plus downstairs bedroom+ bath, and in a nicer part of EW. But, my petaluma has a much efficient floor plan and more counter space in the kitchen compared to the tiny kitchen of Fresco plan 1.  Prices are only going up for SFRs. Wondering if anyone had this type of debate in their mind....

That is exactly the discussion my wife and I are having about Fresco.  We currently have a 1,991 sq. ft. Juniper plan in Portola Springs.  A Plan 2 would yield a larger backyard (plot dependent), a driveway, a larger laundry room, larger pantry, larger living room area, and larger walk in closet in the master.  Is it worth the $1,598,000 purchase price, not really but the market is fairly efficient.  If the prices are truly too high they wouldn’t be selling.  We’ve seen this in the past where builders have had to offer significant buying incentives along with no price increases from phase to phase.  That does not appear to be the case here.

holy SHIT, with landscaping and upgrades you're talking a 1.8M house (or more!).   I get that Irvine is desirable, but definitely look at what you can get for 1.8 in Tustin Ranch or Foothill Ranch/Baker Ranch.  Geez. 

I agree with you completely.  The cost basis is too high. In fact there are other options (new construction) that offer more for your dollar.  Genoa in Orchard Hills Groves is 1.78 and is 3,800 sq. ft. and gated.  But it's Tustin Unified and a KB home.  I have a friend with a brand new KB Home and it was littered with construction issues so their reputation about marginal build quality held true.  Irvine Pacific has a better build reputation, and they always choose the best plots of land within a community.

Well I need to correct myself, the Genoa has been raised from $1,780,000 to $1,951,000 as of this morning so my comparison no longer is accurate.

Thanks for clarifying! I know someone earlier said I was going nuts paying 1.5 million  for Fresco plan 1x, but the reality is pricing are going up everywhere. And as you mentioned, the market is efficient!

We didn't want to buy a resale. After living in a new construction for last 3 years, I have come  to appreciate the value of it. Renovating is a hassle and you are at mercy of getting the right contractor.
Title: Re: Fresco @ Eastwood Village
Post by: Asumis on June 19, 2021, 03:20:52 PM
What are everyone's thoughts on EW and Fresco in particular? Planning to relocate back to SoCal (from the Bay) and not a big fan of this priority list thing...

Talked to the sales reps this past week and I believe we can't get on the priority list until we sell our house here first, since we'll need pre-approval. I'm waiting for the final green light from my employer that I'm able to relocate and won't be finding out until early August, which means we probably can't get on the priority list until end of August at the earliest. Thoughts on chances to secure a home @ Fresco still given that?
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 19, 2021, 04:06:06 PM
Is selling the  BA house the only way to get you as a non-contingent buyer ? If the lender who is pre approving you can look at your other assets  (401k etc) to present you as non-contingent then that can help.

If you ask about EW as neighbourhood- Since i have been living here for 3 years now, I have only positive things to say. It is at close proximity to a lot of amenities, and the tax rate is very low. The good thing about Fresco is the large lot size - something you won't commonly find in a new construction in Irvine. Walkable elementary school is a plus
Title: Re: Fresco @ Eastwood Village
Post by: Asumis on June 19, 2021, 05:26:22 PM
Ahh that definitely makes sense and is worth a try! I was just assuming that we'd need to sell the house in order to get pre-approval, but if they're okay with using 401K assets and such, maybe we can still get it.

Thanks for the suggestion!
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on June 19, 2021, 09:23:34 PM
Ahh that definitely makes sense and is worth a try! I was just assuming that we'd need to sell the house in order to get pre-approval, but if they're okay with using 401K assets and such, maybe we can still get it.

Thanks for the suggestion!

I've helped my clients become non-contingent by buying their exit property.  Feel free to PM me and I can tell you how it works.
Title: Re: Fresco @ Eastwood Village
Post by: irviniteeee on June 20, 2021, 09:50:41 AM
Is selling the  BA house the only way to get you as a non-contingent buyer ? If the lender who is pre approving you can look at your other assets  (401k etc) to present you as non-contingent then that can help.

If you ask about EW as neighbourhood- Since i have been living here for 3 years now, I have only positive things to say. It is at close proximity to a lot of amenities, and the tax rate is very low. The good thing about Fresco is the large lot size - something you won't commonly find in a new construction in Irvine. Walkable elementary school is a plus

I personally think Eastwood is one of the best newer communities. I like the layout and it seems like HOA fees and tax are much lower there. I would pick EW over Stonegate across the way any day.
Title: Re: Fresco @ Eastwood Village
Post by: cgs37 on June 20, 2021, 10:33:52 AM
Another thing I like about Eastwood is there are no apartments. Feel like this keeps the density down some even though people definitely rent out homes/units.
Title: Re: Fresco @ Eastwood Village
Post by: Asumis on June 20, 2021, 09:04:49 PM
Another thing I like about Eastwood is there are no apartments. Feel like this keeps the density down some even though people definitely rent out homes/units.
Is selling the  BA house the only way to get you as a non-contingent buyer ? If the lender who is pre approving you can look at your other assets  (401k etc) to present you as non-contingent then that can help.

If you ask about EW as neighbourhood- Since i have been living here for 3 years now, I have only positive things to say. It is at close proximity to a lot of amenities, and the tax rate is very low. The good thing about Fresco is the large lot size - something you won't commonly find in a new construction in Irvine. Walkable elementary school is a plus

I personally think Eastwood is one of the best newer communities. I like the layout and it seems like HOA fees and tax are much lower there. I would pick EW over Stonegate across the way any day.

Thanks all for the feedback! Looks like we just have to try and get ourselves on the priority list ASAP then!
Title: Re: Fresco @ Eastwood Village
Post by: The California Court Company on June 22, 2021, 07:38:57 AM
Another thing I like about Eastwood is there are no apartments. Feel like this keeps the density down some even though people definitely rent out homes/units.

Except you have those luxurious mobile homes on one side, and old Northwood apartments on the other side. plus only two community pools.
Title: Re: Fresco @ Eastwood Village
Post by: ThirtySomethingWEquity on June 23, 2021, 11:02:55 AM
Another thing I like about Eastwood is there are no apartments. Feel like this keeps the density down some even though people definitely rent out homes/units.

Except you have those luxurious mobile homes on one side, and old Northwood apartments on the other side. plus only two community pools.

100% with you.  It's a nice neighborhood in a vacuum but it's not in a vacuum it's on Irvine Blvd by a very old mobile home park.  I'd pick the houses further south in Portola Springs over Eastwood. 
Title: Re: Fresco @ Eastwood Village
Post by: DBtoOC on June 23, 2021, 11:06:46 AM
Another thing I like about Eastwood is there are no apartments. Feel like this keeps the density down some even though people definitely rent out homes/units.

Except you have those luxurious mobile homes on one side, and old Northwood apartments on the other side. plus only two community pools.

100% with you.  It's a nice neighborhood in a vacuum but it's not in a vacuum it's on Irvine Blvd by a very old mobile home park.  I'd pick the houses further south in Portola Springs over Eastwood.

I also would choose the Portola Springs neighborhood over Eastwood.  Aside from the other issues mentioned earlier, Eastwood just feels too 'cookie-cutter'...it doesn't feel special.  But to each their own.
Title: Re: Fresco @ Eastwood Village
Post by: irviniteeee on June 23, 2021, 12:35:38 PM
Another thing I like about Eastwood is there are no apartments. Feel like this keeps the density down some even though people definitely rent out homes/units.

Except you have those luxurious mobile homes on one side, and old Northwood apartments on the other side. plus only two community pools.

100% with you.  It's a nice neighborhood in a vacuum but it's not in a vacuum it's on Irvine Blvd by a very old mobile home park.  I'd pick the houses further south in Portola Springs over Eastwood.

I also would choose the Portola Springs neighborhood over Eastwood.  Aside from the other issues mentioned earlier, Eastwood just feels too 'cookie-cutter'...it doesn't feel special.  But to each their own.

You can kiss most of the not-so-cookie-cutter days bye bye. Irvine Co. doesn't really design communities in that way anymore.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 23, 2021, 12:54:08 PM
And how more new communities can we see in irvine? I guess the ones in Portola springs will be last major one right?
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on June 23, 2021, 01:19:52 PM
And how more new communities can we see in irvine? I guess the ones in Portola springs will be last major one right?

There are more homes coming in Portola Springs and Orchard Hills (Northwest corner of Jeffery/Portola) and that's it besides Great Park which will take another 10+ years to build out.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 23, 2021, 02:53:54 PM
My wife and I were reviewing the pros and cons of the Fresco Plan 1x. As I mentioned earlier, the floor plan is not ideal but I wanted to get some opinions from the experts on this forum on the floor plan cons that I have noted below. Will these cons be of a big concern if for future resale perspective?
1. Secondary Bathroom and sinks adjacent to Primary bedroom as shown below. (Most floor plans I have seen for SFR have the primary bed room tucked away from secondary bedrooms and bath.)


2. Reduced counter space kitchen:

Ultimately, it will be our decision, but looking to get some feedback from RE professionals.
Title: Re: Fresco @ Eastwood Village
Post by: lnc on June 24, 2021, 12:13:05 PM
And how more new communities can we see in irvine? I guess the ones in Portola springs will be last major one right?

Beside the ongoing new tracts in the Portola Springs, OH1(Groves), OH3(Reserve) and GP, there are GP District 5 (over 3000 homes) and OH4, just north of EW with less than 300 homes proposed. 

The GP District 5 will be the last major neighborhood but southern half will be zone to Lake Forest's Saddleback Valley Unified School District.

I post some info on this topic back in 2016,

https://www.talkirvine.com/index.php/topic,14947.msg300330.html#msg300330
Title: Re: Fresco @ Eastwood Village
Post by: iacrenter on June 24, 2021, 02:39:05 PM
And how more new communities can we see in irvine? I guess the ones in Portola springs will be last major one right?

Beside the ongoing new tracts in the Portola Springs, OH1(Groves), OH3(Reserve) and GP, there are GP District 5 (over 3000 homes) and OH4, just north of EW with less than 300 homes proposed. 

The GP District 5 will be the last major neighborhood but southern half will be zone to Lake Forest's Saddleback Valley Unified School District.

I post some info on this topic back in 2016,

https://www.talkirvine.com/index.php/topic,14947.msg300330.html#msg300330


Don't forget about the IBC (Irvine Business Complex). The area is zoned for 15,000 residential units.

IBC Residential Projects as of May 2021:
Map:
https://legacy.cityofirvine.org/civica/filebank/blobdload.asp?BlobID=10247
List:
https://legacy.cityofirvine.org/civica/filebank/blobdload.asp?BlobID=24784
Title: Re: Fresco @ Eastwood Village
Post by: marmott on June 24, 2021, 03:29:34 PM
My wife and I were reviewing the pros and cons of the Fresco Plan 1x. As I mentioned earlier, the floor plan is not ideal but I wanted to get some opinions from the experts on this forum on the floor plan cons that I have noted below. Will these cons be of a big concern if for future resale perspective?
1. Secondary Bathroom and sinks adjacent to Primary bedroom as shown below. (Most floor plans I have seen for SFR have the primary bed room tucked away from secondary bedrooms and bath.)


2. Reduced counter space kitchen:

Ultimately, it will be our decision, but looking to get some feedback from RE professionals.

For point 1, do you know if the builder puts sound insulation in the wall or has an option to do it in the design center? I would be worried if there was no way to get insulation installed ibut with it it should be okay.
Title: Re: Fresco @ Eastwood Village
Post by: Irvinehomeseeker on June 24, 2021, 04:26:03 PM
My wife and I were reviewing the pros and cons of the Fresco Plan 1x. As I mentioned earlier, the floor plan is not ideal but I wanted to get some opinions from the experts on this forum on the floor plan cons that I have noted below. Will these cons be of a big concern if for future resale perspective?
1. Secondary Bathroom and sinks adjacent to Primary bedroom as shown below. (Most floor plans I have seen for SFR have the primary bed room tucked away from secondary bedrooms and bath.)


2. Reduced counter space kitchen:

Ultimately, it will be our decision, but looking to get some feedback from RE professionals.

For point 1, do you know if the builder puts sound insulation in the wall or has an option to do it in the design center? I would be worried if there was no way to get insulation installed ibut with it it should be okay.

builder provides Add on Insulation as an upgrade. This will be put in select locations. I will be selecting that option. I hope that would be sufficient for the expected noise from the secondary bath to the primary bedroom.
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on June 24, 2021, 05:47:10 PM
And how more new communities can we see in irvine? I guess the ones in Portola springs will be last major one right?

Beside the ongoing new tracts in the Portola Springs, OH1(Groves), OH3(Reserve) and GP, there are GP District 5 (over 3000 homes) and OH4, just north of EW with less than 300 homes proposed. 

The GP District 5 will be the last major neighborhood but southern half will be zone to Lake Forest's Saddleback Valley Unified School District.

I post some info on this topic back in 2016,

https://www.talkirvine.com/index.php/topic,14947.msg300330.html#msg300330


Don't forget about the IBC (Irvine Business Complex). The area is zoned for 15,000 residential units.

IBC Residential Projects as of May 2021:
Map:
https://legacy.cityofirvine.org/civica/filebank/blobdload.asp?BlobID=10247
List:
https://legacy.cityofirvine.org/civica/filebank/blobdload.asp?BlobID=24784

Those look to be mostly apartments and then attached 3-level condos so not really what most buyers are looking for currently. 
Title: Re: Fresco @ Eastwood Village
Post by: USCTrojanCPA on June 24, 2021, 05:49:20 PM
And how more new communities can we see in irvine? I guess the ones in Portola springs will be last major one right?

Beside the ongoing new tracts in the Portola Springs, OH1(Groves), OH3(Reserve) and GP, there are GP District 5 (over 3000 homes) and OH4, just north of EW with less than 300 homes proposed. 

The GP District 5 will be the last major neighborhood but southern half will be zone to Lake Forest's Saddleback Valley Unified School District.

I post some info on this topic back in 2016,

https://www.talkirvine.com/index.php/topic,14947.msg300330.html#msg300330


Once all of the new homes are sold, especially Eastwood, Orchard Hills, and Portola Springs I'd expect prices for resale homes to increase further as there will be less inventory for buyers to pick from.  Heck, if there were no new homes to soak up buyer demand today I believe that Irvine prices would be up another 5-10%.
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