Orchard Hills 4 - "The Summit" Updates

NEW -> Contingent Buyer Assistance Program
So are you guys predicting that the Groves is a nicer community than the Summit? When it’s all said and done.

Summit is in a weird location, directly off of Portola Parkway, then goes straight up. The whole thing doesn't seem to fit in.

Groves takes it too far. Reserve is the sweet spot.
 
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Reserve has a mix of sfr and condos. It’s the same Irvine pacific builder and doesn’t have different variety of builders.
 
The only thing I like about Skyline is the model homes lot size. Those should be the standard size and nothing smaller. But from looking at the brochure, there are skyline lots at 6k.... 5k sqft home with 6k lot is a joke.

So no inground pool in such a small lot size. $5M or $6M house with a tiny backyard. No thank you.

Something about the second floor being so narrow and tight for a 5-7m home. Master bathrooms are smaller than Teresina models....And as many people have mentioned, 3 car garage should be the standard for these types of homes. And last but not least...the proximity to the landfill is a major issue. They are smart enough to build the models far enough from the landfill.

The landfill is definitely a no no to me. Location Location Location. The 3 most important words in real estate. I guess it doesn't matter to the Chinese buyers of Irvine, unless it's a cemetery.
 
The only thing I like about Skyline is the model homes lot size. Those should be the standard size and nothing smaller. But from looking at the brochure, there are skyline lots at 6k.... 5k sqft home with 6k lot is a joke.

Something about the second floor being so narrow and tight for a 5-7m home. Master bathrooms are smaller than Teresina models....And as many people have mentioned, 3 car garage should be the standard for these types of homes. And last but not least...the proximity to the landfill is a major issue. They are smart enough to build the models far enough from the landfill.
Any views of the landfill from the Skyline lots? lol
 
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It's like the Irvine middle class is disappearing. Homes under 2M and over 5M are selling. Homes between 2M and 5M are stagnant.
Irvine house market is in a strange place for the new/newer houses.

They are trying to sell for around $1,000 sqft. So, a lot of house in the $2M to $2.5M range. No one is buying, and sellers are not lowing the price. I keep seeing new inventory pop up for similar price.
 
Irvine house market is in a strange place for the new/newer houses.

They are trying to sell for around $1,000 sqft. So, a lot of house in the $2M to $2.5M range. No one is buying, and sellers are not lowing the price. I keep seeing new inventory pop up for similar price.
These sellers usually delist and re-list next year.
 
The landfill sits right above Turtle Ridge and Newport Coast. Toxins flow downhill.

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Vapor intrusion, where toxic gases travel along soil gas and enter structures, is not an issue here as it is open space. there is an adjacent facility that takes the methane gas from the landfill and recycles it to electricity. There are also air quality meters throughout this site that are being monitored. If the concern is failure of the landfill liner and the landfill lechtate contaminating the groundwater, I am not aware of any contaminated groundwater plume from this landfill and there is monitoring of this site. If there is groundwater contamination, as in the case of the former El Toro base, the area of contamination would depend on how the groundwater flows.

One contaminated site that nobody here mentions is the former Ford plant that became the One Ford Road project in Newport Beach. Last I looked the homes are on postage stamp-sized lots and selling for lots of $$$$. There are vapor intrusion issues in some of the homes and an area that includes a portion of big canyon that is under investigation for groundwater contamination. I imagine this would have to be a sales disclosure and I don't know if it has affected the values of the homes there.
 
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Vapor intrusion, where toxic gases travel along soil gas and enter structures, is not an issue here as it is open space. there is an adjacent facility that takes the methane gas from the landfill and recycles it to electricity. There are also air quality meters throughout this site that are being monitored. If the concern is failure of the landfill liner and the landfill lechtate contaminating the groundwater, I am not aware of any contaminated groundwater plume from this landfill and there is monitoring of this site. If there is groundwater contamination, as in the case of the former El Toro base, the area of contamination would depend on how the groundwater flows.

One contaminated site that nobody here mentions is the former Ford plant that became the One Ford Road project in Newport Beach. Last I looked the homes are on postage stamp-sized lots and selling for lots of $$$$. There are vapor intrusion issues in some of the homes and an area that includes a portion of big canyon that is under investigation for groundwater contamination. I imagine this would have to be a sales disclosure and I don't know if it has affected the values of the homes there.
Plumber I used told me his Newport clients have whole house RO systems, I guess they’re keen on risk mitigation.
 
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