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![]() Irvine’s newest neighborhood, Ivy by William Lyon Homes, has generated a phenomenal response among homeshoppers, resulting in consecutive sell-outs of its phase releases since its recent grand opening at the new Village of Woodbury East. Priced from the mid $300,000s, Ivy offers three different two-story floorplans ranging in size from approximately 1,180 to 1,500 square feet. The next phase of new homes at Ivy is expected to be released this month as the interest list continues to grow each day. According to Kristine Thalman, CEO of the Building Industry Association of Orange County, the timing of Ivy and Woodbury East couldn’t be better. “Ivy at Woodbury East is capturing the attention of thousands of homeshoppers throughout the region,” says Thalman. “At prices starting from the mid $300,000s, Ivy is extremely competitive to the limited supply of other similarly priced new and resale homes in the area and offers home-buyers specifically interested in living in Irvine a unique opportunity to own brand new homes in one of the most highly desirable locations in the county.” Homebuyer data indicates that the majority of Ivy homeowners are first-time buyers consisting primarily of singles, young couples and new families with children under the age of 5, and currently reside and/or work in Irvine. In addition, several of the homebuyers have secured their down payments with assistance provided by parents or other family members seeking to take advantage of today’s market conditions to help make savvy real estate investments. “Clearly, Ivy at Woodbury East is meeting a pent-up demand for brand new homes within the Villages of Irvine,” says Tom Veal, vice president of residential marketing and product planning for Irvine Company Community Development. “We are seeing a range of homeshoppers at Ivy, from renters to first-time buyers, who want to take advantage of low mortgage interest rates with attractive pricing and finally realize their dream of home ownership by entering the local housing market here in Irvine.” Woodbury East is located off the I-5 Freeway and is bordered by San Canyon and Trabuco roads in the city of Irvine. Planned to offer approximately 500 homes within a limited number of neighborhoods, each residence will be within walking distance of the village’s parks, its future resort-style clubhouse and recreational/social center known as The Palm Club, as well as Woodbury Town Center and other destinations throughout the Villages of Irvine. Two garden parks, Iris Garden and Rose Petal Garden, are already open at Woodbury East. The parks include a half-court basketball court, tot lot, barbecue and picnic areas and a lawn area. The 3.45-acre Palm Club, envisioned as the social gathering place of Woodbury East, is anticipated to open next year. The Palm Club includes a Junior Olympic pool, wading pool, spa, fitness center with cardiovascular and strength-training equipment, a 2,470-square-foot recreation building with multipurpose room and kitchen, full-court basketball and tennis courts, a tot lot, picnic tables, a barbecue area and a great lawn area. Prospective homebuyers interested in Ivy at Woodbury East can receive additional information by visiting VillagesofIrvine.com/we or by contacting a Villages of Irvine new home consultant at 888.820.0721. |
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