I don’t have much information on this, so please share if you know something. Rancho Mission Viejo, probably the only other big landowner in Orange County other than The Irvine Company, is going to build another master planned community just south of Ladera Ranch (mostly east of the Antonio and Ortega Hwy intersection). I’ll call it Ladera Ranch II until I learn of the official name.
It looks like there will be 12,530 homes built (in 5 villages) starting in 2008. The homes will be built on about 5,373 acres and the rest of the area should be open space. I took some survey regarding this several months ago and one of the things they were considering for this community was some sort of golf cart for each home. I wish I remembered the specifics. I also recall that there will be plenty of housing targetted towards seniors.
Here is a map of the overall plan for “Ladera Ranch II”:
Read on to see a detailed map of the first village…
Anyone care to guess when the first homes here will really start selling? To me, it sure seems like there will be plenty of product available in Irvine and south of Irvine. Portola Springs is just starting to sell in two of the five enclaves. Orchard Hills, Stone Gate, and the homes in Planning Area 18 should be coming up soon. There will be plenty of homes built at the Tustin Base as well as at the Great Park. And don’t forget about Central Park West. Right now, there isn’t much at Ladera Ranch except the bigger homes in Covenant Hills. But if Ladera Ranch II is just around the corner, hopefully this will add to the competition between The Irvine Company and Lennar and start to bring prices down a bit.