Irvine, CA (PRWEB) November 06, 2013
A record setting home sale listing in Lambert Ranch just launched on Wednesday, October 30th for nearly $2.6 Million ($2,599,888). The listing is exclusively represented by Michael Mei, a luxury home specialist of Coldwell Banker Platinum Properties. This luxury home is located at 50 Clifford which is nestled in The Grove enclave of Lambert Ranch in the Portola Springs area of Irvine.
The recent growth of the Irvine, CA housing market around the Great Park Area has fueled tremendous amounts of attention from Luxury home builders. Specifically, Lambert Ranch is a 50-acre development spearheaded solely by The New Home Company and offers a gated, master-planned community of 169 homes with the additional benefit of no Mello-Roos fees for its home owners. Having no Mello-Roos is an attractive line item as that could potentially save a home owner $200,000 - $300,000 in after tax savings over the term of the Mello-Roos assessment.
Luxury homes continue to gain traction in Irvine. While the rest of the country seems to be building smaller sized homes, home builders in Irvine are meeting the demand for the move up buyer looking for 3,500 sqft to 5,200 sqft Luxury homes to accommodate multi-generational living. "I am excited to bring such an amazing property to market and reinforce the growing Luxury home segment for Irvine," said Michael Mei of Coldwell Banker Platinum Properties. "50 Clifford is the ultimate in Luxury and features its own movie theater, a heated lap pool, a second kitchen, floor-to-ceiling windows, wainscoting throughout, and craftsman ceiling beams. A lot of thought went into the marketing plan for 50 Clifford to highlight the High-end nature of the home. As a result, we are able to WOW the Buyer and create an emotional connection between the Buyer and 50 Clifford. We've highlighted the luxurious flow of the home which we believe expresses how families want to live (http://www.youtube.com/watch?v=XNwd4Y-I7l8)."
There is a definite new trend in Luxury homes versus a year ago. Recently, there has been more focus on the overall living within the home and accommodating multi-generational living. The trend of High-end listings are more likely to include living elements such as a 6th bedroom, a movie theater, floor-to-ceiling windows, and meticulous detail like the high-end listing of 50 Clifford in Lambert Ranch (http://www.50Clifford.com).
Just right around corner from Lambert Ranch is Pavilion Park which is part of the Great Park Neighborhood. That subdivision just launched thirty (30) model homes in October of this year. Though the subdivision is not gated like Lambert Ranch, it also offers larger square footage homes to accommodate multi-generational living. The advantage of Lambert Ranch over Pavilion Park centers around the fact that Lambert Ranch has no Mello-Roos which can be a hefty monthly expense in Pavilion Park of almost $600 per month for the next 30 years.
IrvineHomeSale.com is an independent website focusing on the trends of the Irvine Real Estate market and provides reviews of the most recent model homes offered by the new communities of Irvine. Lambert Ranch is an exclusive gated community in the Portola Springs area of Irvine, CA and sits on a 50-acre development of 169 homes developed by The New Home Company. Michael Mei is a luxury specialist Realtor with Coldwell Banker Platinum Properties and concentrates on the Luxury segment of the Lambert Ranch, Portola Springs, and Stonegate villages of Irvine, CA. Michael Mei has been named a Premier Agent on Zillow.com and is the founder of the local publication "The Real Estate Advisor."