How many houses will be left to built in Orchard Hills Groves?

Goriot said:
Looks like Irvine Pacific is going to build the Ravello homes at the Grove side.  The last vacant lot next to Palermo and below Cetara.

I wonder if they will sale on par, premium or discount to Reserve Ravellos.
https://www.irvinepacific.com/homes/groves-at-orchard-hills/ravello#gallery
Click to expand...

If not for the small lots Cetara would be my favorite development still being built but if Ravello has decent lot sizes, this will by far be my favorite development in the groves side over Cetara, Palermo and Genoa. Genoa is such a waste of space with their floor plans.
 
Goriot said:
Looks like Irvine Pacific is going to build the Ravello homes at the Grove side.  The last vacant lot next to Palermo and below Cetara.

I wonder if they will sale on par, premium or discount to Reserve Ravellos.
https://www.irvinepacific.com/homes/groves-at-orchard-hills/ravello#gallery
Click to expand...

Pricing will be discounted from the Reserve clones but you can expect the pricing to be in the high $500/sf range because the lots will be smaller and not elevated.
 
USCTrojanCPA said:
Goriot said:
Looks like Irvine Pacific is going to build the Ravello homes at the Grove side.  The last vacant lot next to Palermo and below Cetara.

I wonder if they will sale on par, premium or discount to Reserve Ravellos.
https://www.irvinepacific.com/homes/groves-at-orchard-hills/ravello#gallery
Click to expand...

Pricing will be discounted from the Reserve clones but you can expect the pricing to be in the high $500/sf range because the lots will be smaller and not elevated.
Click to expand...

Just got an email for Ravello at the Groves and pricing is anticipated to be in the low 2 mils.
 
USCTrojanCPA said:
Goriot said:
Looks like Irvine Pacific is going to build the Ravello homes at the Grove side.  The last vacant lot next to Palermo and below Cetara.

I wonder if they will sale on par, premium or discount to Reserve Ravellos.
https://www.irvinepacific.com/homes/groves-at-orchard-hills/ravello#gallery
Click to expand...

Pricing will be discounted from the Reserve clones but you can expect the pricing to be in the high $500/sf range because the lots will be smaller and not elevated.
Click to expand...

Looks like $600+/sf, insane...
 
Chegg said:
USCTrojanCPA said:
Goriot said:
Looks like Irvine Pacific is going to build the Ravello homes at the Grove side.  The last vacant lot next to Palermo and below Cetara.

I wonder if they will sale on par, premium or discount to Reserve Ravellos.
https://www.irvinepacific.com/homes/groves-at-orchard-hills/ravello#gallery
Click to expand...

Pricing will be discounted from the Reserve clones but you can expect the pricing to be in the high $500/sf range because the lots will be smaller and not elevated.
Click to expand...

Looks like $600+/sf, insane...
Click to expand...
All new builds are commanding that price today as far as i see in Irvine. IP set the tone with Fresco recently  and others following .
 
Coco55 said:
USCTrojanCPA said:
Goriot said:
Looks like Irvine Pacific is going to build the Ravello homes at the Grove side.  The last vacant lot next to Palermo and below Cetara.

I wonder if they will sale on par, premium or discount to Reserve Ravellos.
https://www.irvinepacific.com/homes/groves-at-orchard-hills/ravello#gallery
Click to expand...

Pricing will be discounted from the Reserve clones but you can expect the pricing to be in the high $500/sf range because the lots will be smaller and not elevated.
Click to expand...

Just got an email for Ravello at the Groves and pricing is anticipated to be in the low 2 mils.
Click to expand...

Cetara in those early phases looks like a super bargain compare to these Ravello homes.  Those Cetara view lot buyers in early phases already have an incremental million dollar equity even after landscaping.
 
pricey
 

Attachments

  • Ravello_PriceSheet_Groves_r2.pdf
    162.4 KB · Views: 230
  • Ravello_PriceSheet_Groves_r2.pdf
    162.4 KB · Views: 145
Appears there was same question with prior Irvine Pacific builds...high price, but they all seem to have sold well or currently selling well. Was there any IP product from last 10 yrs or so that didn't sell so well?
 
lovingit said:
These Ravello will not sell.  That or Shea will need to raise their starting prices to $2.5m
Click to expand...

In EW, when IP debuted Fresco then KB homes upped the price for Solano /Napa way high to match IP's Fresco pricing.
 
irviniteeee said:
The prices... I'm genuinely wondering who would pick Ravello over Cetara...
Click to expand...

There's a long waitlist on Cetara because of the pricing so even if you wanted to buy one in the next phase you won't be able to unless you got on the waitlist back in Sept.
 
Irvinehomeseeker said:
Goriot said:
Orchard Hills Final Phase - Neighborhood 4 homes will be available for sale in the early 2024.  Grading will probably start 2023.
Final opportunity as Irvine is nearing build-out (excl. GP).  Get your war chest ready as these homes will have views.
https://www.northirvineupdate.com/north-irvine-news-updates/
Click to expand...

Is that neighborhood 4 right behind EW - the location where there is avacado trees and SCE grid?
Click to expand...

Yup. 
 
Goriot said:
Irvinehomeseeker said:
Goriot said:
Orchard Hills Final Phase - Neighborhood 4 homes will be available for sale in the early 2024.  Grading will probably start 2023.
Final opportunity as Irvine is nearing build-out (excl. GP).  Get your war chest ready as these homes will have views.
https://www.northirvineupdate.com/north-irvine-news-updates/
Click to expand...

Is that neighborhood 4 right behind EW - the location where there is avacado trees and SCE grid?
Click to expand...

Yup. 
Click to expand...

That's also the area closest to American Asphalt, Bowman Landfill, and multiple wildfires  >:D
 
You must log in or register to reply here.
Back
Top