Author Topic: Fresco @ Eastwood Village  (Read 16105 times)

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Offline USCTrojanCPA

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Re: Fresco @ Eastwood Village
« Reply #105 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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