Laguna Altura is HOT!

NEW -> Contingent Buyer Assistance Program
Why are there so many "BACK UP OFFERS ACCEPTED" at Laguna Altura? I wonder  ::)

These are the current three homes at Laguna Altura that are accepting backup offers after going pending sale:

28 BIANCO, Irvine, CA 92618
List Price: $795,000
$491 / Sq. Ft. (SIENNA)
Status: Backup Offers Acceptedhttp://www.redfin.com/CA/Irvine/39-Bianco-92618/home/40633769


55 CIPRESSO, Irvine, CA 92618
List Price: $1,050,000
$509 / Sq. Ft. (SAN REMO)
Status: Backup Offers Acceptedhttp://www.redfin.com/CA/Irvine/55-Cipresso-92618/home/49869999


40 MODENA, Irvine, CA 92618
List Price: $1,225,000
$510 / Sq. Ft. (CORTONA)
Status: Backup Offers Acceptedhttp://www.redfin.com/CA/Irvine/40-Modena-92618/home/40439233
 
Tyler Durden said:
jamboreedude said:
New Laguna Altura (CORTONA) homes for sale on MLS:

August 30, 2013

34 MODENA, Irvine, CA 92618
List Price: $1,248,000
$520 / Sq. Ft.http://www.redfin.com/CA/Irvine/34-Modena-92618/home/40509113

&

38 TRIANA, Irvine, CA 92618
List Price: $1,500,000
$508 / Sq. Ft.http://www.redfin.com/CA/Irvine/38-Triana-92618/home/49879457
Click to expand...

Whoever would buy 38 must be on drugs.  The seller took the base model, with no upgrades, has not even landscaped it, and is asking for a premium price.  You are talking $50-$100K to landscape on top of that price!
Click to expand...

Dream of a Speculator, but who knows, maybe some dumb mainland Chinese may pay for a base house at a premium price because they want to buy their way into the neighborhood!
 
Tyler Durden said:
jamboreedude said:
Why are there so many "BACK UP OFFERS ACCEPTED" at Laguna Altura? I wonder  ::)

These are the current three homes at Laguna Altura that are accepting backup offers after going pending sale:

28 BIANCO, Irvine, CA 92618
List Price: $795,000
$491 / Sq. Ft. (SIENNA)
Status: Backup Offers Acceptedhttp://www.redfin.com/CA/Irvine/39-Bianco-92618/home/40633769


55 CIPRESSO, Irvine, CA 92618
List Price: $1,050,000
$509 / Sq. Ft. (SAN REMO)
Status: Backup Offers Acceptedhttp://www.redfin.com/CA/Irvine/55-Cipresso-92618/home/49869999


40 MODENA, Irvine, CA 92618
List Price: $1,225,000
$510 / Sq. Ft. (CORTONA)
Status: Backup Offers Acceptedhttp://www.redfin.com/CA/Irvine/40-Modena-92618/home/40439233
Click to expand...

Not sure if you talked to these guys or not lately.

Sounds like they got an offer - all cash.  Supposed to close escrow mid Sept.
Click to expand...

I bet it is a FCB Chinese from the mainland?
 
The Triana home- is that model the largest home avaiable in all of Laguna Altura?  Which tract is that?

Those pictures are horrible.  Just seeing the side yards would turn away buyers.  I would feel so constricted.

And the kitchen- for $1.5 million, I'd want cabinets that go all the way to the ceiling.  It looks very basic, imo.

 
This probably means Alderwood Elem will be crowded.

I think it just got off of being closed to outside enrollment a year or so ago (since QH was built in 2004)... maybe they will be the next StonegateGate. :)
 
I agree with you.  I have to calculate extra time to deal with the Mariners/Vista Verde/Tarbut school crowd every morning on my way to work.  It is a hassle to turn from Shady Canyon drive onto Bonita Canyon in the morning.  I have to remember to stay in the right turn lane on Shady Canyon, because the other left turn lane is a mess.
 
Is there really a $300K+ premium to live in LA?  Tripointe's Arcadia in SG has 2909 SF with no landscape and similar size lot for $1,186,900.  Makes no sense to me
 
Tyler Durden said:
irvinehomeowner said:
Maybe that's what the Vista Verde busing letter was for... a preemptive strike to prevent Stonegate 2 from happening at Alderwood.
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I think so, but from my experience in sixth grade - tenth grade riding the same bus (middle and HS shared the same bus route as they were next to each other):

If you are a little kid sharing the bus with older kids, you will get picked on.  That's just what older kids do.  Pick on each other and the little kids.  While i think bullying is something that is a part of growing up, if its within the same age range, there are remedies.  But no 8 year old is going to win a fight with a 13 year old.
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The 8 year old son of Tyler Durden would kick the sh*t out of a 13 year old kid
 
Marty said:
Is there really a $300K+ premium to live in LA?  Tripointe's Arcadia in SG has 2909 SF with no landscape and similar size lot for $1,186,900.  Makes no sense to me
Click to expand...
Because Laguna Altura is "Irvine's premiere coastal canyon community"... "ocean-close living"... "just minutes from Laguna Beach".

And if you think I'm making that up:
http://www2.villagesofirvine.com/mk/get/LA003

They need to add "famous backyard landscaping by a pirate".
 
irvinehomeowner said:
Marty said:
Is there really a $300K+ premium to live in LA?  Tripointe's Arcadia in SG has 2909 SF with no landscape and similar size lot for $1,186,900.  Makes no sense to me
Click to expand...
Because Laguna Altura is "Irvine's premiere coastal canyon community"... "ocean-close living"... "just minutes from Laguna Beach".

And if you think I'm making that up:
http://www2.villagesofirvine.com/mk/get/LA003

They need to add "famous backyard landscaping by a pirate".
Click to expand...

riiight  I forgot the ocean view and the waves crashing at night
 
from my observation yesterday, the home at 40 Modena is most likely a mainland Chinese cash buyer.

I wonder who would buy 34 Modena? another FCB perhaps.
 
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