Open House Review: 5 Rainstar

Feb 12th, 2013  
by SMS  in Real Estate Analysis

New to the Market Woodbridge Upscale Remodel          
5 Rainstar   $995,000

Rainstar is a serene street nestled close to South Lake in Woodbridge, just the right spot for perfecting a single family home. That’s how I found 5 Rainstar to be in this new to the market open house.  Overall, it’s a sublime setting and a sleek remodel.

Significant numbers:  This 4 bedroom, 2.75 bath floor plan uses 2,411 square feet to good advantage in this two level JM Peters single family home.  The HOA dues are $82 a month and it is $413/sq. ft. Built in 1980 on a 5,000 sq. ft. lot, the home has been extensively remodeled.

Close-up: Everything clicks from the curb on through to the lush backyard retreat. Approaching the home, walking past a lemon tree and numerous flowering plants, establishes a mood of perfection. Inside the mood continues with oak hardwood floors and a vaulted ceiling in a formal living room punctuated with new skylights. The living room overlooks an elegant formal dining room.

On through the home a casual dining area is flanked by a sleek kitchen and a good sized family room that has been nicely developed with built in bookcases, fireplace and a wall of sliding glass doors opening to a professionally landscaped private tropical retreat.

The kitchen is remodeled with marble countertops, top of the line stainless appliances including a 6 burner gas stove, Bosch double ovens and dual dishwashers.  

There is a guest bedroom and fully remodeled bath on the main floor that would also work as an office. Upstairs, two more bedrooms with cherry hardwood floors have a full hall bath remodeled with travertine and marble countertops.

The master suite with fireplace, vaulted ceilings and private balcony has a remodeled master bath with dual vanities, separate travertine shower and Jacuzzi tub. The walk in closet has custom built-ins.

Specifics:
Bedrooms, 4
Baths, 2.75
Sq. Ft. 2,411
Lot size, 5,000 sq.ft.
Double Garage
Inside laundry room
Central furnace, central air
Association pool and spa
New metal roof
Irvine Unified School System

What will be considered? The key location near South Lake in Woodbridge paired with an extensive remodeling of a good sized single family home will be noted and weighed with the price.  In a shrinking market someone looking for an investment or an upgraded single family home in Irvine might be taking a second look.

Who will move in? A young active family might make good use of the space and Woodbridge’s top recreational facilities and schools. The local elementary school is just around the corner. A couple who entertains and needs downstairs space for guests will also see the options here.

Recent listings: 8 Rainstar, $885,950;  44 Gilman, $725,000. 
Recent sales: 15 Daybreak sold for $880,000 in October; 21 Bayside sold for $950,000 in September.

Discuss on Talk Irvine: http://www.talkirvine.com/index.php/topic,3542.0.html


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