Woodbridge Irvine Community

There are a lot of new construction homes being built right now in Irvine, California that offer the latest modern finishes and style.  A lot of people gravitate to these types of properties since they have never been lived in and are located on a new community with lots of amenities for residents to use.  Many buyers get excited about these new homes until they break down the costs to live there.  On top of paying a monthly mortgage (if not all cash) you will have monthly homeowners association dues and an additional tax that is referred to as Mello Roos.  

What exactly is Mello Roos?  It's best explained from the builders point of view.  When a builder is building a new community and doesn't want to pay for the sidewalks, streets, parks, etc they can

The Irvine Real Estate market is beginning to show signs of slowing down and there are many motivated sellers that are eager to sell.  Sellers can be motivated for a variety of reasons including wanting to buy another property, downsizing, death of an owner, etc.  These properties offer some of the best values currently found in Irvine with a wide range of real estate prices.  Some of the lowest prices currently can be found in the Central Park West condo complex for a 3 bedroom condo in the Madison building with a current list price of $799,000.  The home was originally listed for $919,000 and the seller has been doing several price reductions with the last adjustment taking occur ace on July 25th to $799,000.  

The neighgbohroods of Cypress Village,

The city of Irvine is located in the interior part of Orange County and one does not normally think of buying a water front home in this location.  There is a section of homes located in the Woodbridge community in Irvine where there are two body of waters known and North and South Lake.  Surrounding the lake are wonderful lakefront homes that have become very desirable.  The inventory of these types of properties tends to be very limited as there is a small number of houses that are located directly on the water.  Gated communities like Arborlake are a great place to look for lake front homes in the North Lake area with close proximity to the North Lake Beach Club and Lagoon.  There is a good mixture of residential homes and condos to choose from similar

One of the smaller neighborhoods found in the Woodbridge community in Irvine is the Seasons tract.  Going back in time these condos were first constructed in 1984 and built over a 3 year period.  What makes these properties unique is that they have the look and feel of a single family home but have a condo classification. The location is near the cross streets of Jeffrey Road and Alton Parkway and not too far from the 405 freeway.  The homes have an unexpected light and airy feel to them with nice vaulted ceilings, separate dining room and an outdoor patio area which is ideal for entertaining.  All bedrooms tend to be located on the upper level so it's not ideal for older buyers looking for bedrooms located on the main level.

Expect to find real estate