Author Topic: Fresco Eastwood Village  (Read 4697 times)

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Offline G

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Fresco Eastwood Village
« on: August 06, 2020, 01:34:15 PM »
New homes going up in Eastwood Village. Track 18050. Fresco by Irvine Pacific. Anyone have any info on these homes?

126 Parakeet
Irvine CA 92620

Offline Irvinehomeseeker

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Re: Fresco Eastwood Village
« Reply #1 on: August 06, 2020, 02:17:55 PM »
Nice. Will look forward to learn more. I guess these are empty lots around Beverly and Calistoga....might be priced 1.5 mil and above as these are nice lots.

Offline lnc

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Re: Fresco Eastwood Village
« Reply #2 on: August 06, 2020, 02:38:21 PM »
Tract 18050 was for Beverly.  Are these on the remaining Beverly's lots?

If so, I guess IP took over these remaining Beverly's lot.
« Last Edit: August 06, 2020, 03:14:56 PM by lnc »

Offline Irvinehomeseeker

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Re: Fresco Eastwood Village
« Reply #3 on: August 06, 2020, 03:16:03 PM »
If it's IP, it knows it can killer gains in EW based on past projects

Offline G

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Re: Fresco Eastwood Village
« Reply #4 on: August 07, 2020, 07:30:38 AM »
I did some asking around. It seems like these might be the Ravello extension from Orchard Hills. They are definitely being built on the unused Beverly lots. Models are going up right across from what used to be the Beverly models.

Offline lnc

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Re: Fresco Eastwood Village
« Reply #5 on: August 07, 2020, 09:26:09 AM »
Ravello clone would make a perfect sense, that's only IP product with the size fit for the Beverly's lot.

Love the Ravello floor plan, they are the few new builds around with the open high ceiling.

Offline dadbodmortgage

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Re: Fresco Eastwood Village
« Reply #6 on: August 08, 2020, 12:36:06 PM »
On average, how much less do you think the Ravello clones be in Eastwood vs their Orchard Hills counterparts?

Offline Irvinehomeseeker

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Re: Fresco Eastwood Village
« Reply #7 on: August 08, 2020, 01:13:36 PM »
With EW as already established neighbourhood, I would expect price to be same or may be even higher than OH.

Offline Dr. CA Real Estate

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Re: Fresco Eastwood Village
« Reply #8 on: August 09, 2020, 04:29:02 PM »
the lot sizes would be the biggest factor in the price comparison Id imagine
Kris Mendoza
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Offline G

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Offline trematix

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Re: Fresco Eastwood Village
« Reply #10 on: September 25, 2020, 09:35:05 PM »
is Eastwood gated?

Offline Nguyen80

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Re: Fresco Eastwood Village
« Reply #11 on: September 25, 2020, 09:49:13 PM »

Offline ucla bruin

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Re: Fresco Eastwood Village
« Reply #12 on: January 06, 2021, 05:10:31 PM »
Is there a reason that Fresco is asking for much higher prices $/sq ft than some of the other products (Napa, Solano) in Eastwood Village?

The only things I can think of are 1)similar lot size as Napa/Solano 2)Irvine Pacific as the builder.

But does that add THAT much more premium? Just want to make sure I'm not missing something obvious.
« Last Edit: January 06, 2021, 05:32:46 PM by ucla bruin »

Offline ndmaynard

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Re: Fresco Eastwood Village
« Reply #13 on: January 06, 2021, 05:30:24 PM »
Is there a reason that Fresco is ask for much higher prices $/sq ft than some of the other products (Napa, Solano) in Eastwood Village?

The only things I can think of are 1)similar lot size as Napa/Solano 2)Irvine Pacific as the builder.

But does that add THAT much more premium? Just want to make sure I'm not missing something obvious.


I think Fresco lots are a bit larger than Napa/Solano and other typical EW homes - IIRC Most EW lots are around 3K SqFt and Fresco is closer to 4-5K SqFt.  The price premium is still pretty steep for a pretty cookie cutter design - Probably IP is taking advantage of the location, low mello roos, low HOA.

Offline ucla bruin

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Re: Fresco Eastwood Village
« Reply #14 on: January 06, 2021, 05:40:39 PM »
Even with slightly larger lot, it's asking for you to pay the same price as the competition (same tax, HOA....etc) in Eastwood but with 600-700 sq ft less interior space?

I'm just perplexed. Perhaps someone who considered/bought in Fresco can shed some light. Maybe it's also the time when it was released (more recent) and the builder is trying to push the envelope?

 

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