PORTOLA HILLS LIVING by Kelly Turbeville

 T here’s a moment in every real estate market when buyers look back and say: “I should have bought when prices were still in the low $500s.” In much of South Orange County… that moment is disappearing quickly. Welcome to   28873 Canyon Point   in the highly sought-after community of Portola Hills. Currently listed at   $525,000 , this home is priced well below the current neighborhood average SOLD PRICE of approximately   $583,000 .  And frankly… finding anything in South OC at this price point with this location, lifestyle, and extra usable space is becoming rare. Like “gas under $3” rare. More Than Just a Condo This isn’t your standard cookie-cutter floorplan. The home features: A versatile loft space perfect for: a home office guest area workout space creative studio or second living area Attached garage Open layout with natural light Functional living space for first-time buyers, singles, couples, or investors That extra loft space matters more than ev...

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 so...