Tuesday, August 21, 2012

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Open House Review: 17 Heron

Posted: 21 Aug 2012 05:00 AM PDT

Custom Woodbridge Entertainer’s Coup           
17 Heron  Irvine, CA 92604   $975,000

As I drove through Woodbridge to see this single family home, I was anticipating questions.  Billed as an entertainer’s dream, this home brings up the two questions that people who entertain always ask: How many are there for dinner, and what’s the budget?   I was interested to see how the cost versus space budget would play out at 17 Heron.

I had seen the floor plan and was looking forward to seeing the ‘great room.’  But seeing is believing, and that turned out to be pure fun. Stepping into a sunlit foyer  and  heading into a very together ‘great room,’  I could  picture holidays flourishing here with friends and family, followed by one party after another.

Off to the right of the foyer there is a nicely finished living room with fireplace that will easily handle extra party traffic.

Soaring cathedral vaulted ceilings with lots of natural light accent the individual islands of color as the family area with fireplace, dining area, large counter bar, and  kitchen all blend together. This is what open space always intends to be.

After seeing the space, a review of the figures shows this home as new to the market, with 2,450 square feet, at a $/Sq. Ft. cost of $398, with HOA dues of $82 a month, and a lot size of 5,000 square feet.  The finished product has 4 bedrooms, 3 baths and 3 garages.   

Remodeled in 2001, there are updates everywhere. The kitchen is a match for the great room with black granite counters, a large  counter bar, under counter lighting, custom ceiling soffit with pendant lighting, top of the line appliances, ash cabinets and a tumbled marble backsplash, the party continues outside in the yard and on the patio with a gas barbecue island and a mini putting green. 

There is one bedroom and a full bath downstairs. Upstairs the master bedroom and bath have been remodeled with custom jacuzzi  tub, skylights, a huge walk in closet, and cathedral ceilings. There are two more bedrooms and a full bath upstairs.

The home has dual paned windows throughout, a larger capacity HVAC system, surround sound and woven blinds.

Specifics for this two level contemporary:
Bedrooms: 4
Baths: 3
Sq. Ft.: 2450 sq.ft.
$/Sq.Ft.: $398
HOA Dues: $82/month
Lot size: 5,000 sq. ft.
Property: Residential
Type: Single Family
Views: Tree Tops
Community: Woodbridge
Built: 1977
Schools: Irvine School System
Laundry in the garage
Association pool and spa
Listed: 19 days

Considerations and Comparisons:  New to the market in a prime Woodbridge location near the lake,  gives this  home impetus.  Sold in 2001 for $628,000 and also remodeled in 2001 with a strong floor plan, the question will be how the home fits the current market.   Homes with similar prices and square footage have recently sold in Woodbridge and more are currently listed. 

Who will be having parties at 8 Heron?  Seasoned entertainers who love to plan big parties, and whip up instant get-togethers will be attracted to this home. There’s a lot of space and it all works.  Families attracted to the school system and the parks and lake will consider this home.  Having one bedroom downstairs will appeal to professionals who want a home office, or families with older members.  The ready-to-move-in, polished space will appeal to professionals who want to unpack and maintain their schedule.

Recent Sales Nearby: 1 Vetrina sold for $998,000 in May; 27 Blue Jay sold for $912,000 in July; and 18 Mandarin sold for $925,000 in June.  New listings nearby:  21 Bayside is currently listed at $958,000 and 26 Emerald is listed at $1,045,000.


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