Saturday, January 31, 2015

Lake Forest New Neighborhood Spotlight - El Paseo in Foothill Ranch

I finally got a chance to pop in and see the new townhomes being built in the former Auto Center area in Foothill Ranch.   The community is part of what is being called The Village of Foothill Ranch, which currently includes the El Paseo and Camden Square communities and is designed to be a walk-friendly neighborhood near the Foothill Ranch Towne Center.

The El Paseo community is a gated mobile court townhome community with six floorplans ranging from a 1-Bedroom Carriage Units to a 3-Bedroom 1795 sq.ft townhomes.  Prices start today at $371,800 for the 1-Bedroom up to about $570,000 for the largest 3 Bedroom model.   

What I liked about the floorplans is they are open, light and bright with nice finishes.. Of course always remember when you are looking at model homes some of those finishes you fall in love with are all upgrades.  But the overall standard finishes are nice and meet today's energy efficient needs and trends the millennial home buyer is searching for.   One aspect I am not a huge fan of however is the yards, as they offer no real privacy, so if you plan to have friends over plan to invite your neighbors..Not really a bad thing I guess!!

The community amenities include swimming pool, fire pit, clubhouse, tot lot, covered trellis, great lawn and barbecues!  The tax rate is low with no mello roos at 1.08%. Monthly HOA Dues start at $314.50 per month and at build out are estimated to be reduced down to $212.50.













Estimated move in dates for Phase Two is late March early April.. Phase three is projected move in dates in July.

So if you are thinking about a move and looking for something new now is the time to put your plans in place.  As a top Portola Hills and Foothill Ranch Realtor, don't hesitate to give Kelly a call to help you through the process. Especially if you need to sell your home first to ensure your overall needs are met on both ends of the buy and sell transactions.



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