PORTOLA HILLS LIVING by Kelly Turbeville

If I had to describe in one word how the Portola Hills real estate market performed in 2021...it would be Crazy.. AF (well technically that is 3 words abbreviated).  Below is a video recap of the details. Take a listen and for more details, you'll find the complete report below.  What is the value of my Portola Hills Home? In 2021 there were 185 sold properties in Portola Hills, pretty much split between Single Family Homes and Attached homes.  Fun fact, in 2020 93 single family homes sold and in 2021 the exact same number sold.  Interesting the value of homes both Attached and Single Family homes, grew 15% from 2020. It is important to note that this is overall, your home may have had more or less, depending on the community, conditions and recent sales specific to your home.  If you would like a report for your home specifically, please do not hesitate to request a Home Value Report here . Search Portola Hills Homes If you are considering a move in 2022, please do not hesitate to

We took a look at the Portola Hills real estate market and in one word, CRAZY! Sales volume is up, values are up, inventory of available homes is way down! Even at the new communities there is low inventory of available homes.  That means, Sellers can pretty much ask what they want for their home and if it is priced right, buyers are coming with aggressive offers.  As you can see from the above, values are up about 24% from the same time period last year.  That was right before Covid, landed on our doorsteps.  Who would have thought, we would see such strong growth during a pandemic.  Search Portola Hills Homes Buyer's have an insatiable demand for homes right now and want to take advantage of the low interest rates.  They are open to competing for the right home, and removing contingencies, etc. to ensure their offer is at least in consideration.  However, the offers are so strong, Seller's aren't even countering as they have a number of good offers to choose from. Ready

Community parks are so important to neighborhoods and here in Portola Hills, there are two major parks that offer residence an ideal spot to get outside and enjoy the nature around them.  The new Portola Park and Concourse Park This morning, I took a walk up at Concourse Park and was feeling very blessed to have such a nice amenity in my backyard.  The Park of nearly 8 acres, offers a variety of amenities as well, but one of the most impressive details is it is set up right against Whiting Wilderness Ranch which provides a beautiful scenic views. Amenities of Concourse Park include: 2 Covered Picnic Areas 2 Barbeques Large Grassy Area Play Area for Kids Walking Path 4 Exercise Stations 2 Water Fountains (for the pups too) Basketball court Public Bathrooms For a fee of $25, Lake Forest residents may reserve a park shelters for gatherings of fewer than 50 people without a special event application. To reserve a park shelter, click here. Location of Concourse Park in Portola Hills: Take

The real estate market overall in January is generally very, very quiet!  Not this year!  In Orange County there has been an insatiable demand from buyers and  record-low supply of homes available to purchase, which makes the OC real estate market extremely hot!! Portola Hills was no exception in January! Actually the area remains very popular with the buyers coming up the hill to check out the new developments in IronRidge and the Oaks.  Take a quick peek at the numbers below along with what communities in the Portola Hills were the hottest, it might surprise you. If you are thinking of a move, seller's will need to be cautious on pricing their home correctly.  Though it is a very strong seller's market, homes that are priced above market will sit.  A strong pricing strategy done correctly can bring you more then you expect.  As well in this hot market, other factors such as contingencies, rent backs, etc. all part of the negotiations package that we can put in your favor.  Ma

Wanted to give residents a quick update on what is happening in the Portola Hills real estate market since COVID19 landed on Orange Counties lovely doorstep.  The Portola Hills real estate market started 2020 in a very strong Sellers Market.  With Inventory low and demand high!  Low interest rates were bringing winter buyers out early. Below is a look at the how the real estate market in Portola Hills is doing currently. Year to Date Sales: 25 Homes Sales Average Specs: 3 Bedroom/ 3 Bath / 2018 sq.ft.  Average Price: $789,158 Days on the Market: 34 Home Values up 20% from the same time period in 2019 Currently there are 20 active homes on the market, with 13 of those being new builds in IronRidge and The Oaks.  There are also 5 homes in Hold status.  The directive from the California Association of Realtors, is Realtors are not allowed to hold open houses or do any face to face showings until the stay is lifted. We are working to get further clarification if we

Today I took a stroll through the Crown Point neighborhood in the community of Portola Hills in Lake Forest, California.  This is a quaint community of 58 Single Family Detached Luxury Estate homes. Crown Point Estates in Portola Hills I like this community for many reasons, one reason, it's small and located on two wide culd-a-sac streets that offer amazing views of either the Saddleback Mountains or the Pacific Ocean.  Check out our quick video of the neighborhood.     The community was built in the early 90's by Richmond American Builders. Many of the homes have been updated to today's standards, they have four spacious floor plans and is part of the Portola Hills II Homeowners Association, which includes exceptional amenities such as Sparkling Pool, Spa, Playground, Tennis, Volleyball, Gym, Clubhouse and more.   Floor plan Details include: P lan 1:    5 Bedrooms, 3 Baths, 2 Fireplaces, 3 Car Garage and 2948 Sq. Ft Plan 2:    5 Bedrooms, 3 Ba