One of our realtors is trying to show us, 12960 Mackenzie Dr,
http://www.redfin.com/CA/Tustin/12960-Mackenzie-Dr-92782/home/5445129
the bank wants just $605k for it! We like Tustin Ranch; but would hate saying I live in "Miramonte" all the time... Looks like the same floor plan... Alister should be quieter... I don't know why Redfin shows $550k, but I guess the banks have been putting down low-ball prices online to stimulate bidding wars. I guess $605k is like the ebay "buy it now" price.
If you get the Alister price, it should be a good deal; put your offers in right at the middle of the summer buying season, jump right in the water is fine ^_^