PORTOLA HILLS LIVING by Kelly Turbeville

Summer is in full swing here in Portola Hills and so is the Portola Hills Real Estate Market.   Foot traffic at open houses has been crazy... buyers are out and about.. why inventory is low overall in Orange County averaging about 21% decrease in listed homes from this time last year!!  Below is a quick look at the homes that closed escrow in Portola Hills last month!! June 2015 Portola Hills Sold Homes As will note the lowest priced home sold for $335,000 and it was a 2 Bedroom Canyview Condo.. The highest priced home was a JM Peters Estate home that sold for $1,100,000.The median price for the area is $454k and the days on the market are less then 30 at 24!!  What does this indicate?  Portola Hills is a sough after neighborhood for home buyers!!    Homes priced at fair market value, presented and marketed well are receiving multiple offers.   I do see some price discounts happening in the market which is a bit surprising with the low inventory.  Honestly not sure why

I wrote an article earlier in the week about the Highest Priced Homes sold Year-to-Date in Lake Forest and wanted to share with my Portola Hills peeps a bit of the details.. I pulled a pretty basic search out of the MLS, homes sold over $900k in Lake Forest.  I was actually pretty surprised by the results.. Where was Foothill Ranch?   What about the homes sold around the Lake??  All good questions if you are familiar with the area...  The biggest surprise was highest share of homes sold for over $1 million were in Baker Ranch with Portola Hills coming in 2nd. Below is a look at homes sold. Lake Forest YTD Most expensive homes sold Baker Ranch is a lovely new community.  NEW is the key!  We all love to look at new homes; when you walk in you feel refreshed, inspired, wowed, etc.  Does that feeling account for a 17% increase in the price per square foot?  Obviously as this report suggest 6 of the homes sold were in Baker Ranch.  As well, overall in Orange County we find 2

The Seranado tract in the Portola Hills community of Lake Forest is a great community of paired homes.  What's a paired home, you might ask?  A paired home is 2 single family attached homes on a lot, owned by 2 separate homeowners vs. a duplex where 1 homeowner owns the entire property.   The Serenado community is a fairly small community of 166 homes and part of the Portola Hills II homeowners association. There are 3 floorplans: Rhapsody: 3 bedroo, 2.5 bath, 1561 sq.ft. 2 car garage Concerto:  3 bedroom, 3 bath, 1771 sq.ft. 2 car garage Symphony: 3 bedroom, 2.5 bath, 1891 sq. ft. 2 car garage These homes offer a wide range of amenities, depending on the floorplan, including fireplaces in the master bedrooms, open and bright structures with high ceilings. Depending on the location, many of the homes offer amazing views of either the Saddleback Mountains or Pacific Ocean with nice size yards. Serenado in Portola Hills In addition, as part of the Portola Hi

We took a little stroll through the Bella Palermo townhome complex in Portola Hills this morning.  This community is located on the corner of Malabar and Saddleback Ranch Road in Portola Hills. Bella Palermo in Portola Hills It is a serene community with 198 homes offered in 6 different floorplans. Residence 1: 2 bedroom, 2 bath, 940 sq. ft. with a 2 car garage Residence 2: 2 bedroom, 2 bath 984 sq.ft with a 1 car garage Residence 3: 2 bedroom, 2 bath 1085 sq.ft. with a 2 car garage Residence 4: 2 bedroom, 2.5 bath 1105 sq.ft with a 2 car garage Residence 5: 3 bedroom, 2.5 bath 1205 sq.ft with a 2 car garage Residence 6: 3 bedroom, 2.5 bath 1305 sq.ft with a 2 car garage Home amenities, depending on the floorplan include:  Central Air Conditioning, Volume Ceilings, Cozy Fireplaces, Private Fenced Courtyards and Built in Wine Racks. Association Amenities include:  Pool, Spa, Fitness Room, 2 Tot Lots, Clubhouse and is surrounded by miles of hiking and biking trails.

When I am working with home buyers they are often surprised that Portola Hills currently has over 15 different neighborhoods.  The mix of the these neighborhoods include both single family homes detached and attached homes.  Below is a breakdown of the individual tracts: Tract Name # of Units Details Antigua 192 SFR neighborhood with 4 floorplans, featuring 3-4 bedrooms, sized from 1930-2494 sq.ft.  2-3 attached garages Alderwood 185 SFR neighborhood with 5 floorplans featuring 2-4 bedrooms, sized from 1138-2050 sq.ft. 2 car attached garages Canyon Rim 108 Townhome complex features 4 floorplans with 2-3 bedrooms sized from 969-1378 sq.ft. 2 Car attached garages Canyon View 225 Townhome complex featuring 2 floorplans, 2 bedrooms, sized from 873-1038sq.ft. 1 car garage attached/detached Canyon View West 84 Townhome complex featuring 2 floorplans, 2 bedrooms, size

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,

We are putting together quite the event for Portola Hills residents.   Mark your calendar for 6/13/15, so you can join us and hear direct from Irvine Ranch Water District about the new restrictions and what they mean to Portola Hills Homeowners.   In addition to IRWD, we will also have Tributary Landscaping speak about the drought resistant plans they have for the new Portola Hills Development. Of course with all our events we like to have little fun so some fun giveaways are also planned. Space is limited so make sure to contact Kelly  Turbeville to reserve your spot!