Residents of Covenant Hills are used to the pick up in construction activities going on in the custom home portion of the community. That activity accelerated further when homebuilder William Lyon Homes planted “coming soon” signs on 14 vacant Covenant Hills lots. The Lyon signs are located in and around the streets of Bell Pasture, [...]
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http://www.ranchoortega.com/blog/archives/4887 There is no denying that Ladera Ranch real estate values have skyrocketed since we called a bottom in Ladera Ranch home prices. But are we really back to a point where a Covenant Hills custom home has appreciated a $1M profit in two years without any renovation? Here’s the 2012 sale: $2,800,000 sales price. Note [...] http://www.ranchoortega.com/blog/archives/4532 Off Ortega Highway, hidden among the secluded valleys of Rancho Mission Viejo, are some unique ranch properties. Of course, one of the most interesting examples is the infamous Rancho del Rio, about which we’ve written several times and recently sold to an undisclosed buyer at auction. Another Ortega Highway ranch property is for sale, this [...] http://www.ranchoortega.com/blog/archives/4348 Are you a fan of the Legacy Collection tract by Warmington Homes in Ladera Ranch’s Covenant Hills neighborhood? Now nearly fully built out, there aren’t many chances to left to buy one of these properties. If you wanted one but thought you missed your chance, one of the models has been put on the MLS [...] http://www.ranchoortega.com/blog/archives/4289 Anyone who has driven by the Reata Park and Event Center on Ortega Highway on the east edge of San Juan Capistrano has noticed the progress. From a largely neglected space has emerged a beautiful, expansive and historic park that will be unique among all of San Juan’s open space. Purchased from Rancho Mission Viejo [...] http://www.ranchoortega.com/blog/archives/4245 What real estate recession? Based on the number of construction trucks rolling around town, that ancient history is out of sight and out of mind! If you are like us and are interested in all of the development going on in South Orange County currently (and there is a lot!) you may be interested to [...] http://www.ranchoortega.com/blog/archives/4146 Described by the listing agent as the “largest lot in all of Covenant Hills,” 15 Coral Blue hit the market over the weekend. This one checks all the boxes for a would-be custom home owner: over half an acre of space, unobstructed views and plenty of privacy (the lot has no direct neighbors on any [...] http://www.ranchoortega.com/blog/archives/4120 Rumor has it that Rancho del Rio, the 188 acre ranch off Ortega Highway that we’ve written about here and here, was sold yesterday at a private auction to anonymous buyers for an undisclosed sum. It looks like this mysterious property will remain that way. http://www.ranchoortega.com/blog/archives/4003 Efforts by the Lehman Brothers bankruptcy estate to sell off the residential portion of the Marblehead development in San Clemente have hit a snag. The potential buyer is rumored to be Taylor Morrison, an Arizona-based homebuilder. According to the OC Register: A Builder Magazine article published in January said Lehman got 11 bids, and Bloomberg [...] http://www.ranchoortega.com/blog/archives/3915 Perhaps sensing that the market for remote, sprawling gentleman’s lodges in the Ortega foothills, the Rancho del Rio ranch property has been relisted at a higher price: now asking $12,995,000. We originally wrote about the property here. The new listing, courtesy of Redfin, is available here. image source: Redfin/MLS Since then, a Redfin agent [...] |
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