Author Topic: Napa at Eastwood Village - KB Homes  (Read 5447 times)

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Offline G

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Napa at Eastwood Village - KB Homes
« on: January 08, 2020, 07:50:02 PM »
Looks like they are taking over the lots that Calistoga did not use. KB Homes is the builder. Models look similar to Belvedere. SFR detached - 3000-3100 sq ft. They will also have a single story at 2809 sq ft.

Does anyone know about pricing?

https://www.kbhome.com/new-homes-orange-county/napa-at-eastwood-village

Offline gpquest

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Re: Napa at Eastwood Village - KB Homes
« Reply #1 on: January 19, 2020, 05:18:23 PM »
Just a stone throw away from the biggest and most modern built landfill in CA, and perhaps all of the USA! I can see great resale values in the not too distant future. A must buy in Irvine if you ask me!

Offline Irvinehomeseeker

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Re: Napa at Eastwood Village - KB Homes
« Reply #2 on: January 20, 2020, 05:32:59 PM »
I am also keeping an Eye out on Napa new construction. The model is being built. I have put myself on the interest list to start. Based on the current prices, I am thinking the price may start at 1.6 million for the 3000 sqt. If it's going to be similar to Belvedere, I certainly regret not buying it back when Belvedere was selling in the 1.1 to 1.2 Range in 2016-2017 for plan 1.

Offline lnc

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Re: Napa at Eastwood Village - KB Homes
« Reply #3 on: January 21, 2020, 10:58:49 AM »
I was looking closely at Calistoga when it was introduced and really like the lots in the supposedly Calistoga extension bordering Hicks Canyon Trail. 

Now Napa is going to build at these remaining lots, it pique my interest.  I have my eye set on 101-104 next to Imagination Trail & Wheat.  :)


Offline paydawg

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Re: Napa at Eastwood Village - KB Homes
« Reply #4 on: January 21, 2020, 12:04:46 PM »
I am also keeping an Eye out on Napa new construction. The model is being built. I have put myself on the interest list to start. Based on the current prices, I am thinking the price may start at 1.6 million for the 3000 sqt. If it's going to be similar to Belvedere, I certainly regret not buying it back when Belvedere was selling in the 1.1 to 1.2 Range in 2016-2017 for plan 1.

Well, look at it this way.  If you had invested in QQQ in mid-2016, you'd be up about 110% right now.  That's better than your ~40% property value gains. 
Thanks in advance for the 'thanks'!!

Offline Mety

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Re: Napa at Eastwood Village - KB Homes
« Reply #5 on: January 21, 2020, 12:34:33 PM »
I am also keeping an Eye out on Napa new construction. The model is being built. I have put myself on the interest list to start. Based on the current prices, I am thinking the price may start at 1.6 million for the 3000 sqt. If it's going to be similar to Belvedere, I certainly regret not buying it back when Belvedere was selling in the 1.1 to 1.2 Range in 2016-2017 for plan 1.

Well, look at it this way.  If you had invested in QQQ in mid-2016, you'd be up about 110% right now.  That's better than your ~40% property value gains.

If you had bought any plan from Delano at EW when it was first introduced back in 2017, you would have easily made free $200k by now.


Offline akkord

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Re: Napa at Eastwood Village - KB Homes
« Reply #6 on: January 21, 2020, 02:18:48 PM »
Anyone can invest in the market as long as you have the funds. How many Delano phase 1 homes are there, even if you had the funds you may not be able to buy. 

I am also keeping an Eye out on Napa new construction. The model is being built. I have put myself on the interest list to start. Based on the current prices, I am thinking the price may start at 1.6 million for the 3000 sqt. If it's going to be similar to Belvedere, I certainly regret not buying it back when Belvedere was selling in the 1.1 to 1.2 Range in 2016-2017 for plan 1.

Well, look at it this way.  If you had invested in QQQ in mid-2016, you'd be up about 110% right now.  That's better than your ~40% property value gains.

If you had bought any plan from Delano at EW when it was first introduced back in 2017, you would have easily made free $200k by now.

Offline USCTrojanCPA

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Re: Napa at Eastwood Village - KB Homes
« Reply #7 on: January 23, 2020, 08:45:11 AM »
I am also keeping an Eye out on Napa new construction. The model is being built. I have put myself on the interest list to start. Based on the current prices, I am thinking the price may start at 1.6 million for the 3000 sqt. If it's going to be similar to Belvedere, I certainly regret not buying it back when Belvedere was selling in the 1.1 to 1.2 Range in 2016-2017 for plan 1.

Well, look at it this way.  If you had invested in QQQ in mid-2016, you'd be up about 110% right now.  That's better than your ~40% property value gains. 

But that's assuming you bought for all cash.  If you put 20% the power over leverage would have worked for buying an Irvine home.
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Offline paydawg

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Re: Napa at Eastwood Village - KB Homes
« Reply #8 on: January 23, 2020, 11:58:44 AM »
I am also keeping an Eye out on Napa new construction. The model is being built. I have put myself on the interest list to start. Based on the current prices, I am thinking the price may start at 1.6 million for the 3000 sqt. If it's going to be similar to Belvedere, I certainly regret not buying it back when Belvedere was selling in the 1.1 to 1.2 Range in 2016-2017 for plan 1.

Well, look at it this way.  If you had invested in QQQ in mid-2016, you'd be up about 110% right now.  That's better than your ~40% property value gains. 

But that's assuming you bought for all cash.  If you put 20% the power over leverage would have worked for buying an Irvine home.

Fully agreed.  If you're levered, the lower property gains can work in your favor.  So many factors at play, including how much your levered by, transaction costs, tax benefits, property tax and MR expenses annually, etc. etc. 

I guess my main point was that people shouldn't lament foregoing big property appreciation if they could've bought earlier.  My guess is they probably had their money working for them in other investments. 
Thanks in advance for the 'thanks'!!

Offline Irvinehomeseeker

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Re: Napa at Eastwood Village - KB Homes
« Reply #9 on: February 11, 2020, 04:22:14 PM »
It looks the floor plans for Solano from KB homes is identical to the Elderberry floor plans. So nothing unique floor plan wise.
Waiting to see how much Solano will get priced at when it opens.

Offline Mety

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Re: Napa at Eastwood Village - KB Homes
« Reply #10 on: February 12, 2020, 09:36:53 AM »
It looks the floor plans for Solano from KB homes is identical to the Elderberry floor plans. So nothing unique floor plan wise.
Waiting to see how much Solano will get priced at when it opens.

You don't like resales?

Offline Irvinehomeseeker

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Re: Napa at Eastwood Village - KB Homes
« Reply #11 on: February 12, 2020, 11:31:54 AM »
Prefer New Homes...

Offline Mety

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Re: Napa at Eastwood Village - KB Homes
« Reply #12 on: February 12, 2020, 02:41:42 PM »
Prefer New Homes...

If you don't mind, would you tell us why you prefer new homes?

Offline Irvinehomeseeker

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Re: Napa at Eastwood Village - KB Homes
« Reply #13 on: February 18, 2020, 07:42:07 PM »
Grand opening for Napa this weekend...the Model is ready. I was told these will be priced around 1.5 million.

Offline Mety

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Re: Napa at Eastwood Village - KB Homes
« Reply #14 on: February 19, 2020, 10:16:56 AM »
Grand opening for Napa this weekend...the Model is ready. I was told these will be priced around 1.5 million.

Don't you think Barcelona at Spectrum or The Groves at OH are better at that price point?

 

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