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We've been checking out homes in Turtle Rock. Great lots, nice parks and obviously older homes. While there isn't a lot of inventory, from the chart below it looks like prices continue to drop which I would not have expected in that particular area given low turnover and comparable rent prices...

Why are these homes in Westpark so reasonably priced? New to Irvine so trying to understand the different locations? http://www.redfin.com/CA/Irvine/3742-Claremont-St-92614/home/4656328 The newer part of Westpark has University High while this area goes to Woodbridge? Is that the main difference?

Thanks for all of the helpful responses. One follow-up... Would Northwood II get rezoned to Irvine High? Northwood Pointe is very close to Northwood High. What about Portola getting rezoned elsewhere? Is there any precedent for that happening in the past? For example the Old Westpark goes...

I'm relatively new to Irvine so trying to get a handle on different areas of Irvine. Why are the prices so different in the three Northwood sub divisions? For example, (old) Northwood I is significantly cheaper than Northwood II and Northwood Pointe? How would you rank the three? With all of...