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Home Portola Hills Market Summary March 08

Portola Hills Market Summary March 08

Portola Hills eNews

New On the Market

Property Details

Price

Comments

28471 Sassetta Way

3bed/3bath/1305 sq.ft

$399,900

Investment Potential

19312 Sycamore Glen

2bed/2bath/1150 sq.ft.

$469,000

19112 Echo Pass

3bed/3bath/1700 sq.ft.

$659,900

Pool

19301 Sleeping Oak

4bed/3bath/3200 sq.ft.

$799,000

28732 Harvest View

4bed/5 bath/3100 sq.ft.

$799,900

19672 Highridge Way

4bed/4 bath/3033 sq.ft.

$999,000

Sold Properties

19664 Orviento Dr.

3 bed/2bath/1205 sq.ft.

$350,000

19543 Arezzo St.

3 bed/2bath/1205 sq.ft.

$330,000

19082 Canyon Court

2 bed/2.5bath/1162 sq.ft.

$375,000

28512 Klondike

3 bed/3bath/1305 sq.ft.

$435,000

19582 Dorado Dr.

3 bed/3bath/1891 sq.ft.

$520,000

A steal now available for rent

19131 WillowBrook

5 bed/5bath/2780 sq.ft.

$725,000

A steal – also available for rent

Clothing Drive: I am sponsoring a clothing drive through April 20th. for the non-profit organization Women helping Women if you have any clothes or accessories that you would like to donate please send me a note and I will pick up. It is a great way to help. Tax receipt is available.

Lake Forest Opportunities Study: I attended the community meeting earlier in the week regarding the development that is coming to Portola Hills. Overall there has been a reduction in the amount of development (about 18%) that will be happening in the area and nothing is finalized but they are getting close.

The Portola Center will be built on the vacant land from Oakley up Glen Ranch down towards El Toro on both sides of the street. The proposed development will consist of 930 units, 40,000 Commercial and a 40 acre Sports Park.

  • North on Glen Ranch (below Jasper Hill) will be an 84 Single Family Residences.
  • South on Glen Ranch (below Malabar) will be Single Family residences and then below Glen Ranch will be a mix of Condo’s and Mixed Use Commercial and Apartments in a town center environment with a small park The town center will be similar to the town center in Ladera Ranch.
  • A new 40 acre Sports Park will be one of the first things going in and it will be located towards the 241 and Portola.
  • Regarding Portola Elementary School, the developer has advised the district they will anti up over $2m for enhancements. The details have been sent up to the State and are waiting final approval. (see -Saddleback Valley School District for updates)

The Lake Forest Planning Commission will be holding another public hearing scheduled for 4/24 and June 3rd at the City Council meeting.

Estimated building to start in 2010 but that of course depends on the final approvals and the market!


Kelly Turbeville is one of South Orange County premier Realtors® focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, Foothill Ranch, Trabuco Canyon, Mission Viejo and Rancho Santa Margarita. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on how to use their equity to step up into a nice home or use it to buy an investment property or finding exclusive properties for the high end consumer. Kelly is committed to making it happen. So if you’re considering selling or buying a home in Saddleback Valley, call Kelly to schedule a free consultation. Whatever your dream, with Kelly at your side, Its Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Posted Friday Apr 04