Lennar The Currents in Fountain Valley

irvinehomeowner said:
Decent compared to hot prices now but $1.7 to $2m+ in the middle of FV is sort of high.

Couldn't find floorplans.

Click on each Plan and then you see "View Floorplan".

You wouldn't like them. Not enough bathrooms.  ;D
 
CalBears96 said:
irvinehomeowner said:
Decent compared to hot prices now but $1.7 to $2m+ in the middle of FV is sort of high.

Couldn't find floorplans.

Click on each Plan and then you see "View Floorplan".

You wouldn't like them. Not enough bathrooms.  ;D

Weird. Couldn?t see that button on the desktop but found them on my phone.

They have enough toilets? and at least all plans have 1.5 on the first floor. Plans 3/4 have 3-car tandem garages? extinct in Irvine.
 
Does Lennar do these kind of floorplans in Irvine? I remember that GP had some nice Lennar layouts.

Despite only have 2-car garages, I prefer plans 1 and 2, with 2 being my favorite. 3 and 4 have tandem garages but the upstairs look crowded and I prefer separation of the master bedroom from the rest of the rooms.
 
I?m surprised that all 8 homes in Phase 1 have been pre-sold before their grand opening.  People are buying before they even see the models.
 
jtn001 said:
I?m surprised that all 8 homes in Phase 1 have been pre-sold before their grand opening.  People are buying before they even see the models.

I think most of them are probably investors. They would have made a killing by the time Phase 10 came out. But not sure if that's still true in today's market, though.
 
Hard to envision rising prices given nearby comps. Here is a flip not far from the tract below Lennar's starting price point as one comparative example:

https://www.redfin.com/CA/Fountain-Valley/18291-Santa-Belinda-92708/home/3553577?utm_source=android_share&utm_medium=share&utm_nooverride=1&utm_content=link&2010988919=variant&813945303=variant

Or this one - closer in size and location, with pool though:

https://www.redfin.com/CA/Fountain-Valley/18855-Mt-Cimarron-St-92708/home/3826765?utm_source=android_share&utm_medium=share&utm_nooverride=1&utm_content=link&2010988919=variant&813945303=variant

Lennar's homes are bigger, but closer together. That "New Home" vibe can carry prices where they are today, but tomorrow? Hard to say. This isn't so much of an "upside potential" buy in my mind than perhaps a just a way to be close to the beach and airport area employment without having to pay $3-4m for something in NPB.

Anyone know what this was a year ago? (School?)

 
It was a school. Brookfield bought the site after the school was decommissioned. They actually completed the grading before deciding to sell to Lennar (great move btw) before the drop happened. I can't remember if Lennar is just using the plans Brookfield already developed or if they ended up just putting their own plans on the plots. Brookfield's interest list was transferred over to Lennar, so those who registered with Brookfield are the earliest on the interest list. Lennar is spamming us with texts now lol
 
Perhaps only those builders flush with cash are going forward with projects in the near term. Being able to hedge lumber and other costs, plus have contract workers able to go from project to project is a huge factor sustainability. There may be more offloading of projects coming soon from these infill land holders.

A good sized project near Portola Hills was sold off to TriPointe. The original developer spent 15 years trying to get it off the ground must have wanted cash now rather than risk building into a recession. TriPointe is planning on opening in the Fall with deliveries in 2023. They better hurry it up IMHO....

https://www.newhomesource.com/community/ca/silverado/adler-at-saddle-crest-by-tri-pointe-homes/169695?refer=redfin&utm_medium=distribution&utm_source=redfin&utm_campaign=redfin_disty
 
Plan 3 Adler has 3CWG!

https://nhs-dynamic.secure.footprint.net/Images/Homes/TRIPointeHomes//57607659-220520.jpg?maxwidth=736&format=jpg&progressive=true
 
not sure about the area; is the area any good? too in-land? fire risk?

while the orientation of the 3CWG gives good curb appeal (meeting BK's standard?), it is 90 degrees rotated relative to the street...hopefully the drive way is big enough.

irvinehomeowner said:
Maserson said:
Plan 3 Adler has 3CWG!

https://nhs-dynamic.secure.footprint.net/Images/Homes/TRIPointeHomes//57607659-220520.jpg?maxwidth=736&format=jpg&progressive=true

Plan 1 and 2 also have a 3CG, it's just the 3CLG format.

These are nice floorplans but they should be with 4000sft+ of space:
https://www.tripointehomes.com/ca/orange-county/adler-at-saddle-crest/

I like the 1-story floorplan but the master needs 2 closets.
 
The California Court Company said:
not sure about the area; is the area any good? too in-land? fire risk?

while the orientation of the 3CWG gives good curb appeal (meeting BK's standard?), it is 90 degrees rotated relative to the street...hopefully the drive way is big enough.

irvinehomeowner said:
Maserson said:
Plan 3 Adler has 3CWG!

https://nhs-dynamic.secure.footprint.net/Images/Homes/TRIPointeHomes//57607659-220520.jpg?maxwidth=736&format=jpg&progressive=true

Plan 1 and 2 also have a 3CG, it's just the 3CLG format.

These are nice floorplans but they should be with 4000sft+ of space:
https://www.tripointehomes.com/ca/orange-county/adler-at-saddle-crest/

I like the 1-story floorplan but the master needs 2 closets.

The area is even farther in-land than Portola Hills. Pretty sure high fire risk. Not sure I would want to live there.
 
Silverado is for those secluded types. This is completely opposite of where the Currents is in the middle of Fountain Valley.
 
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