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    Orchard Hills 4 - "The Summit" Updates

    This is right by Altair, at the bottom of the sign it says The Irvine Company.
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    Orchard Hills 4 - "The Summit" Updates

    The signs in Irvine are already turning Chinese.
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    Orchard Hills 4 - "The Summit" Updates

    How FCBs roll:
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    Fresco in the Reserve at Orchard Hills

    101 Somera bought at $4.5M trying to flip for $5.2M. https://www.redfin.com/CA/Irvine/101-Somera-92602/home/193866764 One thing I've noticed is all these WTF listings are from Pinnacle Real Estate Group, they must have tricked their clients into thinking they can always sell at a higher price.
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    What's that saying, buy now or be priced out forever?
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    Orchard Hills 4 - "The Summit" Updates

    They buy 5 bed 5 bath McMansions so their single child can attend IUSD.
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    Orchard Hills 4 - "The Summit" Updates

    I wonder what these builders are thinking. Azul has come to a complete construction stop. Olivewood is still full steam ahead. Cielo seems to be half steam ahead. The Summit can't even get Phase 1 homes sold, will they halt construction?
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    Orchard Hills 4 - "The Summit" Updates

    Inventory is increasing nationwide, it's not limited to Irvine.
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    Portola Springs fire risk?

    Some details on Irvine fire protection measures. https://www.latimes.com/california/story/2025-02-19/could-this-irvine-neighborhood-be-the-blueprint-for-a-more-fire-resistant-l-a
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    Thinking of buying in Portola Springs. Few questions…

    Just checked the map. The toll road is southwest of the landfill and that's exactly where the wind blows.
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    Orchard Hills 4 - "The Summit" Updates

    Tariff war scared the crap out of FCBs but that opened up opportunity for everyone else to buy.
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    Orchard Hills 4 - "The Summit" Updates

    Impossible. @CalBears96 said there are over 300 buyers on the wait list. :LOL:
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    Orchard Hills 4 - "The Summit" Updates

    People with view lots at Reserve Orchard Hills must be pissed now that they will be staring directly at hundreds of homes at a higher elevation than them.
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    Orchard Hills 4 - "The Summit" Updates

    Those are the Landfill View Lot Premiums.
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    Orchard Hills 4 - "The Summit" Updates

    These are also on a single loaded street which is a big plus.
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    Orchard Hills 4 - "The Summit" Updates

    432 Fieldhouse - 5,599 sqft 428 Fieldhouse - 5,246 sqft 424 Fieldhouse - 4,945 sqft
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    Orchard Hills 4 - "The Summit" Updates

    Cheaper than Cielo :oops: https://www.redfin.com/CA/Ontario/139-Drumbeat-91764/home/193261237
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    Orchard Hills 4 - "The Summit" Updates

    TIC was smart to sell off the land to these home builders and leave them holding the bag.
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