Terra by Irvine Pacific at OH3

[DrTravel]

Starting a new thread for the "most desirable if money is no object" - the Belvedere successor at OH 3.

My price predictions from 8/2/17 were:

Terra - largest homes
Plan 1 2,653 SF  $1,390,000
Plan 2 2,859 SF  $1,460,000
Plan 3 3,290 SF  $1,510,000

No plan 1's or 3's for sale in phase one. Predicted price actually pretty close given that phase one prices include upgrades. Typical lot size is approximately 3,700 SF. Phase One move-in date is June, 2018.

 

[aquabliss]

Lot 38 looks pretty good, could have a nice pool in back that matches the lot line curve.

 

[DrTravel]

Hmm...4 months without a post. Guess the TI folks haven't bought into OH3. Anyhow stopped buy to see how things are going. Sold 23 out of 30 - not too bad. Notice how all the homes with decent lot sizes are gone.  Just had a phase release yesterday Lots 21-27 - all gone. Next phase should include some view lots - wondering what kind of price premium they will have? Based on Como, my guestimate is $250K. Note that the view on the other side of the development (i.e. where the model homes are located) are the must have views as you can see the ocean - today I actually saw Catalina. The views in the next phase are blocked by a hill.

 

[Jantoven]

Hmm...4 months without a post. Guess the TI folks haven't bought into OH3. Anyhow stopped buy to see how things are going. Sold 23 out of 30 - not too bad. Notice how all the homes with decent lot sizes are gone.  Just had a phase release yesterday Lots 21-27 - all gone. Next phase should include some view lots - wondering what kind of price premium they will have? Based on Como, my guestimate is $250K. Note that the view on the other side of the development (i.e. where the model homes are located) are the must have views as you can see the ocean - today I actually saw Catalina. The views in the next phase are blocked by a hill.

Yeah, considering the price point of these homes, that's a pretty decent amount of homes that have been sold. 

 

[ChiKid24]

Phase 5 pricing is now out.  Seems like these guys are way above market / comps for new construction in the area.  Plan 1 and 2 base prices are running over $630/sq ft before upgrades. Don't really see anything else over $500/sq ft.  Are these that special?

 

[bones]

Phase 5 pricing is now out.  Seems like these guys are way above market / comps for new construction in the area.  Plan 1 and 2 base prices are running over $630/sq ft before upgrades. Don't really see anything else over $500/sq ft.  Are these that special?

Are these view lots?

 

[Burn That Belly]

x

 

[aquabliss]

Isn't there more space up the hill in the reserve?  Once BTC hit's $100,000 per coin, I'm in.

 

[Burn That Belly]

x

 

[ChiKid24]

Are these view lots?
[/quote]

Two of the three look like they could be view lots. The third is an internal lot.