Author Topic: New communities in Portola Springs  (Read 59298 times)

0 Members and 1 Guest are viewing this topic.

Offline OCtoSV

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 89
  • -Received: 85
  • Posts: 451
Re: New communities in Portola Springs
« Reply #360 on: July 04, 2022, 12:50:52 PM »
Irvine Pacific posted 3 homes on MLS today. 1 each in Highland, Como, and Fresco. First time I recall them doing that since early 2020. Here comes the standing inventory.

More listed in the past couple days too, including a Fresco today.

Bluffs home listed as well

https://www.redfin.com/CA/Irvine/16200-Sand-Canyon-Ave-92618/unit-78/home/180275258

I guess they're having trouble finding buyers at this price. It's pretty ridiculous compared to what I paid for. I got the price sheet for this release back on 6/19, so it's been a while since release. So I guess they went through the entire waitlist and even buyers not on the waitlist aren't interested.

$1.8M for a condo in Irvine is the definition of misapplication of capital. Long painful adjustment coming for the leveraged.

I was at a buddy’s house in Newport the other night and the discussion was around interest only loans , with the example a neighbor who works at Pimco using a 7 yr int only loan to buy a $5M house in Newport. An implosion is coming.

The following member(s) thanked this post:


Offline Davidlee199

  • Tourist
  • *
  • Thanks
  • -Given: 0
  • -Received: 8
  • Posts: 64
Re: New communities in Portola Springs
« Reply #361 on: July 08, 2022, 05:09:41 PM »
Hey Dummy Bear96, did you call the sales lady why she lied to you.  how come there were buyers on the wait list but didn’t wanted to buy the one being listed on the MLS - 114 Tall Reed? Lol

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2944
  • -Received: 2297
  • Posts: 11281
  • Gender: Male
Re: New communities in Portola Springs
« Reply #362 on: July 08, 2022, 05:20:19 PM »
Hey Dummy Bear96, did you call the sales lady why she lied to you.  how come there were buyers on the wait list but didn’t wanted to buy the one being listed on the MLS - 114 Tall Reed? Lol

114 is not a good number for Chinese buyers.
Martin Mania, CPA
AgencyOne
CA DRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!
Have license, will travel!

Offline Danimal

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 28
  • -Received: 42
  • Posts: 229
Re: New communities in Portola Springs
« Reply #363 on: July 08, 2022, 06:50:19 PM »
Hey Dummy Bear96, did you call the sales lady why she lied to you.  how come there were buyers on the wait list but didn’t wanted to buy the one being listed on the MLS - 114 Tall Reed? Lol

114 is not a good number for Chinese buyers.

I’ve never heard of this b4. Why dont they like 114?

Offline CalBears96

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 39
  • -Received: 147
  • Posts: 1308
Re: New communities in Portola Springs
« Reply #364 on: July 08, 2022, 07:42:40 PM »
Hey Dummy Bear96, did you call the sales lady why she lied to you.  how come there were buyers on the wait list but didn’t wanted to buy the one being listed on the MLS - 114 Tall Reed? Lol

114 is not a good number for Chinese buyers.

I’ve never heard of this b4. Why dont they like 114?

4 has same phonetic as death. 3, 8, and 9 are good numbers. 4 must be avoided. 104 is the worst. Sounds like "Die for sure". 168 is the best, but addresses in Bluffs don't go that high.

Offline CalBears96

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 39
  • -Received: 147
  • Posts: 1308
Re: New communities in Portola Springs
« Reply #365 on: July 08, 2022, 07:43:17 PM »
Hey Dummy Bear96, did you call the sales lady why she lied to you.  how come there were buyers on the wait list but didn’t wanted to buy the one being listed on the MLS - 114 Tall Reed? Lol

Dumbass Davidlee, when did I mention anything about 114 Tall Reed? And your dumbass don't ever think about buyers passing on homes? I already mentioned before that she told me that there are more buyers dropping out of the waitlist due to not qualifying anymore. So at this point, there are fewer buyers. I never denied that.

I only said you dumbass liar lied about buyers backing out of the July closing. That didn't happen, fucking liar.

Offline CalBears96

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 39
  • -Received: 147
  • Posts: 1308
Re: New communities in Portola Springs
« Reply #366 on: July 08, 2022, 09:03:39 PM »
Irvine Pacific posted 3 homes on MLS today. 1 each in Highland, Como, and Fresco. First time I recall them doing that since early 2020. Here comes the standing inventory.

More listed in the past couple days too, including a Fresco today.

Bluffs home listed as well

https://www.redfin.com/CA/Irvine/16200-Sand-Canyon-Ave-92618/unit-78/home/180275258

I guess they're having trouble finding buyers at this price. It's pretty ridiculous compared to what I paid for. I got the price sheet for this release back on 6/19, so it's been a while since release. So I guess they went through the entire waitlist and even buyers not on the waitlist aren't interested.

I just looked at the price sheet that I got back on 6/19 and that was for the previous phase, 30B, Tall Reed 113 and 115, and both were reserved.

The price of Tall Reed 114 is similar to 115, but I wonder what 114's lot size is.

The following member(s) thanked this post:


Offline Danimal

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 28
  • -Received: 42
  • Posts: 229
Re: New communities in Portola Springs
« Reply #367 on: July 08, 2022, 09:35:24 PM »
Hey Dummy Bear96, did you call the sales lady why she lied to you.  how come there were buyers on the wait list but didn’t wanted to buy the one being listed on the MLS - 114 Tall Reed? Lol

114 is not a good number for Chinese buyers.

I’ve never heard of this b4. Why dont they like 114?

4 has same phonetic as death. 3, 8, and 9 are good numbers. 4 must be avoided. 104 is the worst. Sounds like "Die for sure". 168 is the best, but addresses in Bluffs don't go that high.

Lol if one were to combine all different superstitions from different countries, there is no good enough home to own.

Offline bones

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 213
  • -Received: 1193
  • Posts: 4848
Re: New communities in Portola Springs
« Reply #368 on: July 09, 2022, 08:56:43 AM »
Azul + Cielo prequal start July 11. Strange that Azul plan 1 at $2m+ doesn’t have a loft. The locations for both tracts look nice.

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2944
  • -Received: 2297
  • Posts: 11281
  • Gender: Male
Re: New communities in Portola Springs
« Reply #369 on: July 09, 2022, 11:17:10 AM »
Azul + Cielo prequal start July 11. Strange that Azul plan 1 at $2m+ doesn’t have a loft. The locations for both tracts look nice.

I have a client in OH who is waiting for a specific Plan 3 Azul in OH.  He said the only good floor plan is Plan 3.
Martin Mania, CPA
AgencyOne
CA DRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!
Have license, will travel!

Offline Danimal

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 28
  • -Received: 42
  • Posts: 229
Re: New communities in Portola Springs
« Reply #370 on: July 09, 2022, 12:18:08 PM »
Azul + Cielo prequal start July 11. Strange that Azul plan 1 at $2m+ doesn’t have a loft. The locations for both tracts look nice.

I have a client in OH who is waiting for a specific Plan 3 Azul in OH.  He said the only good floor plan is Plan 3.

Personally i would pick Azul in PS over OH. I rode my bike there few on the weekend few weeks ago and I could hear freeway noise in front of the 2 model homes.  Non-model lots are even more toward the freeway. Not sure it’s worth it for high $2+ mil homes. Oh yeah TUSD is another factor.

Offline best_potsticker_in_town

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 4
  • -Received: 120
  • Posts: 481
Re: New communities in Portola Springs
« Reply #371 on: July 09, 2022, 12:32:29 PM »
Azul + Cielo prequal start July 11. Strange that Azul plan 1 at $2m+ doesn’t have a loft. The locations for both tracts look nice.

I have a client in OH who is waiting for a specific Plan 3 Azul in OH.  He said the only good floor plan is Plan 3.

I agree that Plan 3 is really good, but guessing that'll start around $2.3-2.4m. Plan 1 and 2 are your typical cookie-cutter IP floor plans.
Cielo (aka Ravello) is going to be really nice and should be a good value. I think they need to start these in the $2.4m's...if they go any higher they may be stuck with some inventory for a bit.

Offline Davidlee199

  • Tourist
  • *
  • Thanks
  • -Given: 0
  • -Received: 8
  • Posts: 64
Re: New communities in Portola Springs
« Reply #372 on: July 10, 2022, 12:17:59 PM »
Apparently, they want to get rid of 114 first at Bluffs.  Reserved is not “SOLD”.  Sold is not “CLOSED”.  If more resale homes are back to the market, expect more new homes back to the market as well. 

Offline CalBears96

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 39
  • -Received: 147
  • Posts: 1308
Re: New communities in Portola Springs
« Reply #373 on: July 10, 2022, 01:56:12 PM »
https://www.zillow.com/homes/111-Trumpet-Flower-Irvine,-CA-92618_rb/2062432994_zpid/?

I understand that this home has a nice city view, but $7000 rent for a Bluffs 2?  ;D

Offline Sysko

  • Tourist
  • *
  • Thanks
  • -Given: 10
  • -Received: 30
  • Posts: 48
Re: New communities in Portola Springs
« Reply #374 on: July 11, 2022, 10:23:10 AM »
PRE-QUALIFICATIONS NOW ACCEPTED FOR FIORE IN PORTOLA SPRINGS

We are excited to announce that you can now submit your pre-qualification documentation for Fiore, a new collection of single-family homes grand opening this Saturday, July 16 in Portola Springs.

Approx. 2,035 to 2,210 Sq. Ft.* | 3 to 4 Bedrooms
Priced from the Mid $1 Millions

Saturday, July 16 will be the grand opening for all 3 communities (Azul, Cielo, and Fiore) in PS.
« Last Edit: July 11, 2022, 11:01:42 AM by Sysko »

The following member(s) thanked this post:


 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Recent Posts

Sign IRS 4506 and lose mortgage? Window of 3.... by Squashpro19
[Today at 09:03:16 AM]


Re: Colleges Weigh New Admissions Strategies by nosuchreality
[Today at 08:44:35 AM]


Re: INFLATION IS OUR FRIEND by nosuchreality
[Today at 08:40:40 AM]


Re: coronavirus by nosuchreality
[Today at 08:21:14 AM]


Re: coronavirus by akula1488
[Yesterday at 10:54:58 PM]

SimplePortal 2.3.7 © 2008-2022, SimplePortal