Padova at OH

Plan 1 seems to be the best floorplan, why would anyone even get 2 or 3? Plan 4's only benefit is the den on the first floor.
 
irvinehomeowner said:
Plan 1 seems to be the best floorplan, why would anyone even get 2 or 3? Plan 4's only benefit is the den on the first floor.

i agree they're all about the same, but plan 1 has that pantry that weirdly encroaches into the kitchen and dining on the first floor.  kitchen island becomes very small and dining room shrinks.  not ideal.
 
irvinehomeowner said:
Plan 1 seems to be the best floorplan, why would anyone even get 2 or 3? Plan 4's only benefit is the den on the first floor.

for info purpose only, what is wrong with plan 2 or 3

thank you!
 
YellowFever said:
Anyone have a price guess?

P1: $1,100,000
P2: $1,130,000
P3: $1,200,000
P4: $1,275,000
P4X: $1,300,000

Considering Varenna starts near $1.15 million for approx. 2,500 sqft.  Below is my guess:

P1: $1,285,000
P2: $1,325,000
P3: $1,350,000
P4: $1,445,000
P4X: $1,478,000

Above is lower range of the estimate.  I will be surprised if they get that much of a discount to Calistoga at EW.  Could be slightly lower to Calistoga for a Phase 1-2 release.
 
Goriot said:
YellowFever said:
Anyone have a price guess?

P1: $1,100,000
P2: $1,130,000
P3: $1,200,000
P4: $1,275,000
P4X: $1,300,000


Considering Varenna starts near $1.15 million for approx. 2,500 sqft.  Below is my guess:

P1: $1,285,000
P2: $1,325,000
P3: $1,350,000
P4: $1,445,000
P4X: $1,478,000

Above is lower range of the estimate.  I will be surprised if they get that much of a discount to Calistoga at EW.  Could be slightly lower to Calistoga for a Phase 1-2 release.
I bet they will start higher then you propose. I don't think they should, but they will.  I didn't think Calistoga was selling that great and hasn't Varenna largely been a disaster? 
 
I'm guessing P4/X is $1.525-1.545M

I think the plans look good.

What is the demographic makeup of the OH neighborhoods? Same as the other new Irvine neighborhoods?
 
I still question the appreciation potential in OH on the TUSD side....

Speaking from experience, purchased a home in NP in 2009, and sold it recently.  Had I purchased in TR, I would have made 35% instead of the 15%....

I kick myself everyday for wanting "new" instead buying "old" in TR.  Lesson learned!

Maybe someone can comment about the appreciation within IUSD neighborhoods in the past few years.
 
Funkie said:
I still question the appreciation potential in OH on the TUSD side....

Speaking from experience, purchased a home in NP in 2009, and sold it recently.  Had I purchased in TR, I would have made 35% instead of the 15%....

I kick myself everyday for wanting "new" instead buying "old" in TR.  Lesson learned!

Maybe someone can comment about the appreciation within IUSD neighborhoods in the past few years.
I think appreciation will be good: the TUSD side includes the guard-gated Groves section of OH. Amelia/Trevi and Toll Brothers are building homes with base prices as high as $3M (starting lower I know but goes up from there with lot size, view, etc.). New Home Company has been doing well (slowed a bit but still selling) and there is quite a bit of buzz for the Toll Brothers neighborhood. People tend to be more concerned with the quality of the schools as opposed to the districts they are in.  The Orchard Hills School and Beckman High School are both very highly rated (10/10 I believe). Also, at the end of the day, it is in Irvine after all.
 
Padova virtual tour

https://www.youtube.com/watch?v=rt20pxvOXjY&list=PL5L9608_Rc97HKE4iZhj5YqHQJHlzD9aV&index=1

https://www.youtube.com/watch?v=3XVvfasq_f0&list=PL5L9608_Rc97HKE4iZhj5YqHQJHlzD9aV&index=2

https://www.youtube.com/watch?v=fRWV8r5-M0w&list=PL5L9608_Rc97HKE4iZhj5YqHQJHlzD9aV&index=3

https://www.youtube.com/watch?v=2PKebgbQZhA&list=PL5L9608_Rc97HKE4iZhj5YqHQJHlzD9aV&index=4
 
I still think TUSD will affect the resale value of homes in OH. People including myself have the perception that IUSD is better than TUSD n in my opinion it is. If u ask neighbors in OH inside the groves, prices of homes from builder n resale didn't appreciate much since opening ( Messina, Amelia, KB, etc) except for La vita. TB Alta vista is very slow to sell n quite a few homes still available. Varenna is way overprice n did u see their lot size. U can literally see their backyard wall from the front door!
 
Wow those 3D renderings are super legit, can't even tell if it's real or rendered in most cases.  That's some top dollar 3D artistry right there.
 
Dropped by the sales office and chatted with the associate.  These are the sites below Varenna.  I thought they were the ones above. Arena but they are not.  She didn't drop hints at how much but said phase one folks have been prequalified for move in late this year. No model homes yet.
 
Bullsback said:
Goriot said:
YellowFever said:
Anyone have a price guess?

P1: $1,100,000
P2: $1,130,000
P3: $1,200,000
P4: $1,275,000
P4X: $1,300,000


Considering Varenna starts near $1.15 million for approx. 2,500 sqft.  Below is my guess:

P1: $1,285,000
P2: $1,325,000
P3: $1,350,000
P4: $1,445,000
P4X: $1,478,000

Above is lower range of the estimate.  I will be surprised if they get that much of a discount to Calistoga at EW.  Could be slightly lower to Calistoga for a Phase 1-2 release.
I bet they will start higher then you propose. I don't think they should, but they will.  I didn't think Calistoga was selling that great and hasn't Varenna largely been a disaster?

From their preliminary price sheet:
Plan 1:  From the high $1.2M
Plan 2:  From the high $1.2M
Plan 3:  From the high $1.2M
Plan 4:  From the mid $1.3M
Plan 4X: From the mid $1.3M
 
Stopped the Padova sales office to pick up the brochure.  Plans look nice and price is within our budget but still have concerns.  How do you feel about 133 toll road backing up to the Pardova homes?  Would that be a major deterrent for most buyers now and later for resale value?
 
OCSolCal said:
Stopped the Padova sales office to pick up the brochure.  Plans look nice and price is within our budget but still have concerns.  How do you feel about 133 toll road backing up to the Pardova homes?  Would that be a major deterrent for most buyers now and later for resale value?
How do you feel about 133 261 toll road backing
 
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