Category Archives: Real Estate Analysis

Open House Review: 11 Heron

Woodbridge Single Family Home with 3 Car Garage

11 Heron $1,199,000

Turning onto Heron, this property looked familiar. Several months ago I attended an open house a couple doors down and I remember the same package of very functional assets. At a glance this is a good sized single family home in a quiet spot near North Lake and Lagoon in Woodbridge with quite a few nice options.

Significant Numbers: New to the market, a little over 20 days, this 4 bedroom, 3 bath 2 level detached home has 2,350 sq. ft. on a 4,792 sq. ft. lot. The $/sq. ft. is $510 and HOA dues are $82. The home was built in 1977.

CloseUp: Stepping into the slate entryway, an open floor plan offers a sweep of light filled space that includes a formal living room with fireplace and vaulted ceiling, formal dining room, and gourmet kitchen with breakfast bar. The crown molding, high ceilings, shutters and hardwood floors give the area unity and elegance. The family room with fireplace and master bedroom and bath with glass block Travertine shower and dual vanity are also on the main floor. The master suite includes a mirrored door walk in closet.

The kitchen blends well in the open space with dark granite counters, and recessed lighting. There are Canadian birch cabinets, upgraded stainless appliances and a garden window overlooking the backyard, which has a large grass area, and large bricked patio.

The other bedrooms are upstairs. And the three car garage is attached.

Specifics:

Bedrooms, 4

Baths, 3

3 Car Garage

3 parking spaces

Detached, No Common Walls

Association Pool, Spa

Central furnace, central air conditioning

Irvine Unified School District

What will be considered here? The size and location of this single family detached home near Lakeside Middle School and North Lake & Lagoon in Woodbridge will be evaluated along with the price. The convenience of three garages, the overall layout and privacy and space within the home and in the outside areas, will be part of the evaluation.

Who will move in? A family looking for a great lake location with all of its attractions in Woodbridge, along with the community’s top schools will be attracted to this home. The location on a quiet street and the open floor plan make this home a great choice for a family and for entertaining.

Recent listings: 77 Nighthawk, $999,950; 30 Meadow Grass, $950,000

Recent sales: 71 Nighthawk, $1,149,000; 2 Mallord, $1,200,000

Open House Review: 31 Lucero West

This week, I looked at a single story home in Northwood’s Park Paseo neighborhood.

The basics:

Asking Price: $759,888

Bedrooms: 4

Bathrooms: 2

Square Footage: 1,748

Lot Size: 7,405

$/Sq Ft: $435

Days on Market: 7

Property Type: Single Family Home

Year Built: 1978

Community: Northwood, Park Paseo

HOA dues are $85 per month and there are no Mello Roos.

31 Lucero West is situated at the end of a cul-de-sac, with a lot about 3,000 square feet bigger than most others on the street. It has large yards in the front, back, and side, and is adjacent to a greenbelt. The neighborhood pool and tot lot are a short walk down the greenbelt; the community’s larger pool and clubhouse are not far in the other direction. The house does back to Yale, which is its biggest downfall.

The home was significantly upgraded in 2012. In addition to completely remodeling the kitchen, the owners added a fourth bedroom and moved the front door from the side to the front of the home, creating a nicer porch entry.

The entry leads directly into the living room, which has vaulted ceilings, skylights and new, hardwood floors. Behind the living room are a small hallway area and a walk-in pantry that take the place of the home’s original front entrance.

A hallway to the left leads to the newly added bedroom. Like the living room, it has hardwood floors. It is bigger than the other secondary bedrooms and has a two-door, mirrored closet. It doesn’t get much light, as its only window faces the side of the house next door.

The nicely remodeled kitchen is behind the living room. It now boasts stainless steel appliances, including a five-burner stove, a large island, and granite countertops. There are many cabinets, including two with glass doors flanking the sink. There is space for a dining table between the kitchen and family room, as well as room for a hutch or china cabinet. Sliding doors lead out to the side yard. This house does not have a formal dining room.

The family room is at the back of the house and fully open to the kitchen. It has high ceilings and French doors that open to the backyard. The hardwood floors extend through the kitchen and family room.

The other two secondary bedrooms are fairly small. One has doors on two opposite walls – one leading to the front hallway and the other to the back hall. It is currently set up as an office, but does have a two-door, mirrored closet. Because it’s in the center of the house, it doesn’t have any windows. The other bedroom is a bit smaller and has one window facing the side of the house. It also has a two-door mirrored closet, but it’s smaller than those in the other bedrooms. Both of these rooms have carpet.

The bathroom off the hall is the only bathroom aside from the master. It has a new vanity, with a single sink and granite counter, though there isn’t much counter space. The shower/tub combo still has the original white tile.

The master bedroom has sliding doors that lead to the backyard. There are two separate closets, both with two mirrored, sliding doors. The master bath hasn’t been upgraded at all, aside from new faucets, but is clean and well maintained. There are two sinks and a shower, but no tub.

The house is small, but adequate. With four bedrooms and separate living and family rooms, there is plenty of space. The large lot (relatively speaking, of course) is a huge selling point for this home.

Open House Review: 18 Rustling Wind

Supersized Turtle Rock Condo

18 Rustling Wind $895,000

Turning onto Hillgate from Turtle Rock Drive I remembered other condos that I had seen here. The area is quite secluded and every condo seems to have its own perch among the treetops. But this one has a few extra quirks.

It is three stories with 2,855 square feet, superb views and exceptional privacy. On the flip side, the number of steps will be a question for some, and the exterior is going to need to be redone.

Significant Numbers: This 4 bedroom, 2.5 bath home was built in 1978. As noted, the exterior is ready to be redone and HOA dues are $515. The broker indicated plans for the exterior are underway. The square footage is 2,855 at $313/sq. ft. It has been on the market about 20 days and there is no Mello Roos.

CloseUp: Moving into the entryway, on the left steps take you up to the main living level, with the third level reserved for the four bedrooms. Custom brick flooring mixed with carpeting, views from every room, French mullioned windows, custom window treatments and French doors throughout the home set the tone.

The open floor plan with a family room with fireplace and a good sized casual eating area sit off of the kitchen, while a formal living room with another fireplace pairs with the formal dining room. Two good sized decks with views of city lights, or hills and trees add the finishing touch to this elegant home. Festive family Christmases and lavish parties are easily pictured.

The kitchen is nicely outfitted with a breakfast bar and windowed area overlooking the private grassy knoll In the back.

All four bedrooms are upstairs with two baths. The master suite includes a walk in closet.

Specifics:

Bedrooms 4

Baths 2.5

Forced air heating, no cooling

Attached, 2+ Common Walls, No One Above, No One Below

Double garage with extra storage space

Two parking spaces

Association pool, community pool

Irvine Unified School System

What will be considered? The price, the supersized space, a three story open floor plan, the numerous classic touches throughout, and the privacy with large decks and views will all be noted. On the other hand the need for exterior updating and the numerous steps will come up. The broker said there are plans for the exterior to be redone. She added that many of these condos are seeing transitions with older owners selling to younger families who can handle the steps.

Who will move in? It could be a good sized vigorous young family looking space and the Turtle Rock setting with top schools, parks, trails and pools, along with a key spot in Irvine, near everything, but still nicely secluded. Another combination might be a couple who likes to entertain and often welcomes guests, or needs some extra rooms for an at home office, library or hobbies.

Recent listings: 30 Oak Tree Lane, $895,000; 4895 Corkwood Lane, $960,000.

Recent sales: 53 Oak Tree Lane, $845,000; 4432 Sandburg Lane, $830,000

Open House Review: 11 Waterway

Woodbridge Condo Near the Water

11 Waterway #13 $1,190,000

Driving up Thunder Run from West Yale Loop was very familiar, as I remembered other condos that I had seen on Waterside and Waterway in the South Lake area of Woodbridge. One in particular, had a similar floor plan, and sat right on the water. The outdoor space was a wraparound deck with a front row seat at the lake. It is 12 Waterway #22, listed at just a smidge under $2 million, and, not surprising, still on the market.

This one at 11 Waterway #13 is very similar in space and layout, but outside it’s a different story. A position on the water is missing. This condo offers a wraparound lawn and patio with greenbelt view instead. It will be interesting to see how it does on the market.

Significant Numbers: This four bedroom, 2.5 bath condo is new to the market (about two weeks). HOA dues are $292. Built in 1985 the split level condo is 2,700 sq. ft. with 1,000 sq. ft. lot, at $441/sq. ft.

CloseUp: As you move up the steps into the entryway, an airy, split level town home offers a nice helping of open space, as one room opens to another, or provides cut-out views. Each room is polished to show, with artwork making the most of the two story high walls.

Mixing hardwood floors and carpeting into the high ceiling, light filled rooms creates a welcome elegance, where parties could flow from room to room and then out onto the patio and the lawn.

From the entry immediately to the left there is a powder room, followed by steps to the left going up to the family room with fireplace and wet bar. This room has a cutout wall that overlooks the kitchen.

On the right of the entry, the master bedroom has a walk-in closet, double vanity and luxe tub.

Then straight ahead the dining room is flanked by the kitchen and a casual dining area on the left, with the living room with fireplace and sliding doors leading to the patio and lawn area on the right.

The next level up leads to a bath and 3 bedrooms, currently being used as bedrooms, office and guest rooms. There’s laundry with sink at this level.

There is a double garage and guest parking.

Specifics:

Bedrooms, 4

Baths, 2.5

Double garage

Attached one common wall

Association pool, spa

Central air

Irvine Unified School System

Two parking spaces

Inside laundry

What will be considered here? How will the price play out for this Woodbridge home in the South Lake area that has 2,700 square feet and a very appealing interior, plus a good sized lawn and patio, but no position on the lake or lagoon. Recently, single family homes, not too far away, in the same price range were also beautifully finished, with about the same amount of outside space, and they sold within a week of listing.

Who will be moving in? Someone who loves to entertain and enjoys all that Woodbridge has to offer including the lakes, trails and parks might be attracted to this condo. If they travel, entertain a lot, and need a key Irvine base, this could be it. With four bedrooms, the condo could house a family and guests with ease.

Recent listings: 12 Waterway #22, $1,999,900; 20 Rainbow #6, $809,000.

Recent sales: 35 Waterway, $930,000; 15 Lakefront #13, $1,060,500.

Open House Review: 91 Highland View

Turtle Rock Penthouse Condo with a View

91 Highland View $739,000

Some of Turtle Rock’s best ingredients come together in this secluded top of the hill condo on Highland View. Nicely remodeled, carefully upgraded and polished to show, this condo scores points throughout. As the upper corner unit with an appealing penthouse perch, the view delivers city lights, golf course, hills, mountains and valleys. But if you are not into steps, this one may not work for you.

Significant Numbers: New to the market (7 days) and built in 1978, this 3 bedroom, 2 bath, 1,600 sq. ft. condo has been skillfully remodeled and upgraded, and it will be interesting to see how it fits into the current market.

CloseUp: Walking across the driveway up to the home, the corner location offers a sweep of green with a view to the left and steps straight ahead. The detached garages are over to the right.

Inside there is an expanse of light filled space with a relaxed open floor plan. To the left the kitchen has been opened up and beautifully redone to blend into the overall space with the living room with fireplace and dining room. Beyond the living room your eye is drawn to the deck and the view. The deck is snug but there is room for a barbecue and dining.

The kitchen has upgraded cabinetry, recessed lighting, inside cabinet lighting, granite counters, and stainless appliances.

The master and bath is to the right. It also offers a nice helping of light and the view. The other two bedrooms and bath are also to the right.

Throughout the home, walnut wood flooring, ceramic tile, crown molding and richly colored paint dramatize the space. At 1600 sq. feet the space is not huge, but it is well used.

The home has central air, custom closets, mirrored closet doors and new Milgard windows

Specifics:

Condominium

Bedrooms, 3

Baths, 2

Detached double garage

Irvine Unified School System

End unit, attached wall

Association pool, community pool

Two parking spaces

What will be considered here? The size, price and location will all come up for discussion. For someone seeking seclusion, ease and a view, the condo will work quite well. If you are not eager to negotiate steps and like private outside space, then the deck might seem a bit tight. For someone seeking a sleek Irvine base near Shady Canyon Golf Course, Irvine Spectrum and Fashion Island, this will work. Top schools and Turtle Rock’s inviting canyons and trails add to the value, along with the nicely done package of upgrades and remodeling.

Who will be the next residents? Currently there is a family with very young children here. Obviously, the unit will not work as well as their children move into the toddler stage. But the home would be ideal for a professional couple, or a small family with an older child, especially if they are also drawn to a key Irvine location, top schools and the Turtle Rock landscape.

Recent Listings: 15 Moonlight, $629,000; 14 Emory #78, $615,000.

Recent Sales: 24 Brigmore Aisle, $735,000; 9 Sunup #35, $600,000