Lots 84-87 will be blocking them. Even if they somehow get a view between the homes, it will be a narrow 10 feet alley.Does lot 99 and lot 100 have second floor partial view? How come the inner lot is above $1000/sqft
Lots 84-87 will be blocking them. Even if they somehow get a view between the homes, it will be a narrow 10 feet alley.
It's crazy that Plan 1 is $2.9M, but even more crazy that the Plan 3 is $3.5M, even if it's a corner lot.
Yeah, I'm really glad that we got our Cielo home during phase 1. I'm pretty sure that when Shea sees what Olivewood is doing, they will raise the price on phase 2 by $100k to $200k.
Agreed, but since they sold the Plan 1 view lot for $3.6M, they figured, "Hey, why not $3.7M for Plan 2 view lot?"$3.7M for Olivewood is a joke and makes no sense! Seems like these builders are only getting greedier with every new release because they have enough FCB's to feed them all their money!
Yeah a lot of buyers want new construction and I think the only other new home community in Irvine other than Portola Springs and Great Park will be OH4 and after that no more land left in Irvine for new homes to be built upon.
The waitlists are so long that Shea decided to close the waitlists for Cielo and Arbor. Thanks a lot, FCBs.
I can't believe who is paying so much for these homes, what a joke!Agreed, but since they sold the Plan 1 view lot for $3.6M, they figured, "Hey, why not $3.7M for Plan 2 view lot?"
But $3.5M for Plan 3 non-view lot is even more of a joke.
We're guilty of that.
Worse yet, my wife doesn't want to move out of PS, so Cielo/Olivewood/Azul are the only options. Fortunately, we fought hard to get to the front of the waitlists this time. We actually got offered homes during phase 1 from all 3 communities this time.My Newport-based RIA had his client dinner for SV clients up here this week and when talking about Chinese money in OC RE he provided an example of a friend in Newport Coast who had no desire to sell the home he had just finished building, all in for ~$15M excluding the lot which he bought in 2009, and was offered $40M cash by a Chinese buyer sight unseen. He sold.
The location is nice and all, but I can't imagine paying near $3M, let alone $3.5M for a tiny lot.
Agreed, but since they sold the Plan 1 view lot for $3.6M, they figured, "Hey, why not $3.7M for Plan 2 view lot?"
But $3.5M for Plan 3 non-view lot is even more of a joke.
Either this company is insane, or the market is. Wasn’t Unit 59 sold? How come they are selling again for 300k more than the original price?Does lot 99 and lot 100 have second floor partial view? How come the inner lot is above $1000/sqft
When I was offered lot 59, it was $2.68M, so I don't think corner lot premium was actually $100k. Someone reserved it after I declined. Maybe they added some upgrades before they backed out, and now it's back on the market for $2.935M.
Probably the buyer who backed out added some upgrades, but $250k more is ridiculous. I guess they're testing the market.
If I were a betting man, I would put money on builder being greedy.