What’s Happening with Shady Canyon Real Estate?

Feb 16th, 2012 by Sylvia Walker 

Since I am most interested in helping those in the market for the low- to mid-level priced housing, those are the Irvine homes that I will take the closest look at in my posts. However, now and then, a look at how the other half (Or is that the one percent?) live is interesting. So it’s on to a look at housing in Shady Canyon.

Any of you who are familiar with Irvine real estate know that Shady Canyon is Irvine’s most expensive neighborhood. According to Redin, 25 Shady Canyon homes are currently on the market (however, a savvy real estate agent might know of some others that are available but not listed). The median list price of these homes is $5,980,000 or $725 per square foot.  Redfin stats show that no Shady Canyon homes sold in December 2011, but 5 homes sold in January 2012. The median selling price for these 5 homes was $2,670,000 or $534 per square foot.


Shady Canyon Price/SF courtesy Redfin

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Buy or rent at Liberty in West Irvine

Feb 15th, 2012 by zovall 

26 Bowie Pl is a 4 bedroom, 2.5 bath single family detached home in the Liberty tract in the Independence section of West Irvine.  Click the picture below for a closer view.  

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A Review of the Santa Maria Tract at Stonegate

Feb 14th, 2012 by Wendy Larson 

Santa Maria is the second smallest tract in the Village of Stonegate. These residences are considered townhomes.  I’m going to come right out and say it: I didn’t really like these floor plans. If I had to choose between Santa Maria and Santa Clara, I’d choose Santa Clara. The Santa Maria properties are larger, but I thought that they lacked charm and were overpriced.


Estimated Property Taxes and Special Assessments:
Base Property Tax:  1.05% of sales price
AD Tax:   $1,607 per year
CFD Tax:  $1,700 per year
Other Taxes:  $156 per year
Overall Effective Tax Rate: Approximately 1.8%

Floorplans

Pricing

Options

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Posted in New Homes

Culver Divides

Feb 13th, 2012 by Cubic Zirconia 

Culver Drive, Irvine.

Did you know Culver Drive is named after the farmer Frederick Culver and his wife Agnes who built a house at the intersection of Highway 5, Culver Drive and Trabuco Road? The street was so busy and dangerous at that time, Agnes used to treat the crash victims at their house at the intersection. A century has passed and Culver is still one of the busiest streets in Irvine, serves as the main street for many Villages of Irvine as well as entries and exits to Highway 5 and Highway 405.

Today we will look at two communities, Northwood and Northpark on either side of Culver. Both have the same number of bedrooms and bathrooms, same square feet area, almost same listing price and great schools with a perfect ten API. Both are gated communities.

Which one would you buy?

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Closed Sales from 2/02/2012 to 2/08/2012

Feb 10th, 2012 by nilam 
Date Sold Address Zip Tract Sold Price Beds

SqFt

Northwood            
2/2/2012 79 Lakepines 92620 The Lakes $169,000 1 934
2/3/2012 42 Van Buren 92620 Horizon $292,000 2 1052
2/8/2012 18 Longstreet 92620 Shadow Run $620,000 4 2077
             
Oak Creek            
2/2/2012 6 Redberry 92618 Cypress $570,000 3 1750
2/7/2012 66 Ivywood 92618 Kelsey Lane $749,000 4 2386
             
Orange Tree          
2/7/2012 349 Orange Blossom 92618 Lake Condos $160,000 1 639
             
Turtle Ridge            
2/3/2012 35 Clouds Pt 92603 Amberhill $1,980,000 3 3100
             
University Town Center          
2/2/2012 57 Wellesley 92612 Cambridge Court $384,500 2 1455
             
West Irvine            
2/4/2012 15 Emory 92602 Andover $415,000 3 1498
2/8/2012 17 Bradford 92602 Sheridan Place $450,000 3 1569
             
Westpark            
2/3/2012 18 Del Azul 92614 Borgatta $455,000 2 1139
2/6/2012 17 Del Roma 92614 Borgatta $580,000 3 1762
2/7/2012 1502 Solvay Aisle 92606 Brio $350,000 2 1028
             
Woodbridge            
2/3/2012 3 Winterhaven 92614 Seasons $399,000 3 1117
             
Woodbury            
2/3/2012 2 Iceberg Rose 92620 Bowen Court $282,000 1 1100

Happy Birthday Zovall!


Posted in News

Irvine Racks Up Another First:  Great Park Chosen as the Next Site for DOE’s Solar Home Competition

Feb 9th, 2012 by Sylvia Walker 

“We are, in fact, at the Great Park creating a living laboratory for innovation.”—Beth Krom, Irvine’s Mayor Pro Tem

 
Photo courtesy energy.gov


As I’ve said and written many times before, Irvine is always on the cutting edge of development. This spirit of innovation is in Irvine’s DNA. It goes back to the ranch days and continues today. Some love the results; others hate it. But whatever side of this divide you fall on, it’s the cutting edge. It’s innovation.

Today Irvine is adding another first: The Great Park in Irvine will be the first site outside of Washington D.C. to host the U.S. Department of Energy’s Solar Decathlon. The DOE Solar Decathlon consists of students from schools of higher education, both U.S. and international, competing to build homes that are not only energy efficient but also marketable. In other words, potential buyers like the look of them and are comfortable with the price. This biennial competition was launched in 2002 and has attracted more than 100,000 visitors.

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Posted in News

The Village of Rancho San Joaquin

Feb 8th, 2012 by zovall 

zovall: The post below is written by Michelle Jones

The village of Rancho San Joaquin is a quiet community that provides a nice escape from the nearby commercial area.  It is surrounded by Culver Drive, Michelson Drive, University Drive, and Harvard Avenue.  It is right around the corner from the Culver/405 interchange.

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Posted in Community Profile
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