Author Topic: Serrano Summit | Lake Forest  (Read 3848 times)

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Offline eddieuclabruin

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Serrano Summit | Lake Forest
« on: November 11, 2019, 07:31:50 AM »
New master-planned community community to Lake Forest by Lennar.
https://www.lennar.com/new-homes/california/orange-county/lake-forest/serrano-summit

Offline aquabliss

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Re: Serrano Summit | Lake Forest
« Reply #1 on: November 11, 2019, 08:07:19 AM »
Odd, right in the middle of a business/corporate area

Offline irvinehomeowner

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Re: Serrano Summit | Lake Forest
« Reply #2 on: November 11, 2019, 08:10:45 AM »
Odd, right in the middle of a business/corporate area


Wasn't Baker Ranch the same thing?
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Offline Mety

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Re: Serrano Summit | Lake Forest
« Reply #3 on: November 11, 2019, 10:49:09 AM »
BR amenities are actually better than Irvine's. Their pools and clubhouses are exceptional. Irvine ones are just OK to be honest. Woodbury one seemed a little bit better than surrounding ones, but not even close to BR's. I still would live in Irvine. ;D

Offline aquabliss

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Re: Serrano Summit | Lake Forest
« Reply #4 on: November 11, 2019, 10:58:13 AM »
Odd, right in the middle of a business/corporate area


Wasn't Baker Ranch the same thing?

Yes and no, but Baker Ranch is huge enough (10+ neighborhoods) that it feels like it's own community even though it's next to corporate offices. 

This one is just kind like carving out a space in the middle of office building and sticking 75 homes there... a bit odd at first glance.  Maybe it feels different though when you're actually there.  I'll drive by and check it out.

Offline irvinehomeowner

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Re: Serrano Summit | Lake Forest
« Reply #5 on: November 11, 2019, 11:09:48 AM »
Baker Ranch as it is feels odd to me as it does have those industrial buildings right next to it. So Serrano Summit would be worse if it's as aquabliss described.

But that's the new normal, work right next to home... walking commute!!!
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Offline bones

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Re: Serrano Summit | Lake Forest
« Reply #6 on: November 11, 2019, 11:20:35 AM »
Odd, right in the middle of a business/corporate area


Wasn't Baker Ranch the same thing?

Yes and no, but Baker Ranch is huge enough (10+ neighborhoods) that it feels like it's own community even though it's next to corporate offices. 

This one is just kind like carving out a space in the middle of office building and sticking 75 homes there... a bit odd at first glance.  Maybe it feels different though when you're actually there.  I'll drive by and check it out.

I think it’s a few hundred.

Offline eddieuclabruin

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Re: Serrano Summit | Lake Forest
« Reply #7 on: November 11, 2019, 11:38:32 AM »
Odd, right in the middle of a business/corporate area


Wasn't Baker Ranch the same thing?

Yes and no, but Baker Ranch is huge enough (10+ neighborhoods) that it feels like it's own community even though it's next to corporate offices. 

This one is just kind like carving out a space in the middle of office building and sticking 75 homes there... a bit odd at first glance.  Maybe it feels different though when you're actually there.  I'll drive by and check it out.

I think it’s a few hundred.

Yeah - looks like it's going to be nearly 600 homes.

Offline Mety

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Re: Serrano Summit | Lake Forest
« Reply #8 on: November 11, 2019, 03:05:27 PM »
Not bad.. But are these going to have no MR like BR? If so, yeah, not bad.. If they charge $10k a year with 2% increase like how Lennar usually does, then MUY MAL.

Offline eddieuclabruin

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Re: Serrano Summit | Lake Forest
« Reply #9 on: January 21, 2020, 03:58:08 PM »
Pricing is up for the first two communities opening up (Amara & Soria).  Starting at $1.1 million for amara and mid $900’s for Soria.  No mello-roos.

Offline Mety

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Re: Serrano Summit | Lake Forest
« Reply #10 on: February 14, 2020, 02:10:53 PM »
Tri-level detached condos/SFR next to jail, I mean in Lake Forest, are from almost $1m? Anyone loves Irvine?

Offline USCTrojanCPA

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Re: Serrano Summit | Lake Forest
« Reply #11 on: February 14, 2020, 02:51:50 PM »
Here are the Phase 1 price sheets for Soria and Amara that I picked up this week.  The broker co-op is 3%.
« Last Edit: February 14, 2020, 07:13:08 PM by USCTrojanCPA »
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!

Offline aquabliss

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Re: Serrano Summit | Lake Forest
« Reply #12 on: February 14, 2020, 05:10:05 PM »
I drove around the neighborhood, felt pretty nice.  The Amara’s were packed like sardines but I guess that’s typical when scaffolding is up.

Location is decent and I think most people don’t really care about the proximity to Musick.  If you’re an escapee from there, Baker Ranch would be a lot closer to hide out in than this community.

Offline aquabliss

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Re: Serrano Summit | Lake Forest
« Reply #13 on: March 14, 2020, 07:26:31 PM »
Went to the grand opening today, only like 5 other couples/families were there.  Of all the days they could have picked for the grand opening...

The largest homes had 3 sold in the first phase.  Not sure that will stick though given the state of things.

Offline Compressed-Village

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Re: Serrano Summit | Lake Forest
« Reply #14 on: March 14, 2020, 08:37:58 PM »
They might be ok as I see organic selling is lacking.

Many people might not wanting to move during crisis.

 

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