PORTOLA HILLS LIVING by Kelly Turbeville

It's time for our Annual Portola Hills Food Drive supporting South County Outreach.  Each the year the team at GPS real estate group holds this event to provide food to those most in need. This year with the pandemic the need is extremely high.   It is pretty simple to participate, simple text us that you would like to participate, put your food out on the pick up date 8/22 and we will swing by and pick it up from you. In 2019 we picked up over 700 lbs of food from the community, which was greatly appreciated by South County Outreach .  Our goal this year is a 1000 lbs, so we need your help! South County Outreach's vision is to End Hunger & House Hope in Orange County. How do we do that? Through our programs, like our Food Pantry, which is the largest pantry in South Orange County, and our Transitional Housing Program, which helps homeless families get back on their feet with the tools and counseling they need to succeed. It’s a big job, but we’re not alone. We believe that

We are in about our 7th week of quarantine in Orange County and if you are anything like me, I am sure you are getting restless.  We just really hope no one in the community has been too affected by this virus either with their health or financially.  We get many questions asking how the real estate market is performing during this time? The good news is, it is hanging in there.  This is not like 2008!  The current inventory levels are extremely low compared to what we saw during the last recession.  The biggest impact to the real estate market is going to be unemployment, but pleasantly the numbers and activity in Portola Hills remained strong in April, as you can see below!  Looking at the above numbers you can see the strength of the market in two indicators.  First the list to sale price ratio. Seller's received over 100% of what they were requesting when they listed their home. Actually the received over! Most likely from multiple offers. The second indicator is the months o

The Portola Hills community has a variety of condominium and townhome  communities, ranging in price from about $400,000 - $575,000, these include Montecido, Bell Palermo and Canyon View.  In addition, in 2019 two new communities came to the community in the Ironridge community, Copperleaf  and SilverOak  that are priced from $600,000-$750,000.  Looking at what sold in 2019, this segment of the market in Portola Hills was strong,  but looking at pricing it trailed what is happening in other cities in the valley.  Below is a comparison of what homes sold for in the Portola Hills, Foothill Ranch and Rancho Santa Margarita and overall values. Community:           Style:                  Sq.Ft.           Price :            Days on the Market Portola Hills        2Bed/2Bath          1063          $443,589              54 Foothill Ranch    2Bed/2.25Bath     1124           $471,352              51 RSM                   2Bed/2.35Bath     1192           $479,822              55

As you can see up the market continues to have price increases with the average price of a detached home in Portola Hills in September was $899,000 and for attached homes the average price was $473,000 up 11% from September 2016. What's the Value of your Portola Hills Home The big news for Portola Hills is the new development that are currently selling new homes.  The Oaks now in phase 4 and models opening soon for Iron Ridge.  Residents who are thinking of moving, should keep these developments in mind as competition.  In order to capture the buyers away from these homes, your home will need to be presented beautifully and priced well.  After about a year, resale homes will be able to take advantage of these sales in your pricing strategy. Exclusive Portola Hills Home Search If you are thinking of a move, don't hesitate to  give us a call.    Our goal is to develop a marketing plan that brings you top dollar for your home.  We just put into escrow a great

The Montecido complex located in the city of Lake Forest in the community of Portola Hills is a lovely townhome community that offers 2 and 3 Bedroom spacious floorplans. In addition many of the homes have good size yards with views. This is always a popular complex for condo buyers who are looking in the south eastern area of South Orange County. In terms of sales there has been 14 homes sold so far this year.  Below is a listing of the Montecido homes that have sold so far in 2015... Montecido Portola Hills 2015 YTD sales As you will note the lowest priced home was a 2 Bedroom, 2 Bath Carriage Unit which sold for $327k earlier in the year.   The highest priced home recently closed escrow at $467,500 and it was the largest model a 3 Bedroom, 3 Bath, 2 Car Garage plan. The median price per square foot is $337k, comparing this to 2014 it is up 1%. The median price for the Montecido complex was $333 in 2014 for the same time period and 17 homes sold. 

Montecido in Portola Hills is a townhome community located in the community of Portola Hills , in the city of Lake Forest , California.   The community consist of 300 units split into four floor-plans. Montecido Portola Hills As a previous resident of this complex and as a top Realtor for the area, I find this complex to be very appealing for homeowners and potential home buyers. In general the community is very well kept, Accell Property Management does an excellent job maintaining the community and the HOA fees are very reasonable. Amenities include:   Pool Spa  Tot Lot  BBQ Clubhouse Workout Room   The four floor-plans are very well designed and whether you are a single home buyer  or a family, there is a good selection of styles for you to choose from. Below is a breakdown of the models: Masestro Carriage Unit: 2-Bedroom, 2-Bath, 1015 sq.ft with Balcony Yard Bellaza Townhome: 2-Bedroom, 2.5-Bath, 1052 sq. ft. with Patio Yard Terrosa Townhome: 3-Bedroom,