IRVINE, CA-The Irvine Co. is introducing two new Irvine Pacific neighborhoods to Cypress Village, the firm’s newest community within the Villages of Irvine master-planned community. Jasmine and Laurel are single-family neighborhoods that will debut this spring.
Located in Northeast Irvine along Jeffrey Rd. at Trabuco Rd., both neighborhoods were created for families who want to add room and still live near good schools, shopping, dining, parks and trails. According to Tom Veal, VP of residential sales and marketing for Irvine Pacific, “Jasmine and Laurel have been designed for homebuyers interested in single-family homes perfect for growing families. The home designs in both neighborhoods are inspired by our latest research and epitomize open and fresh living spaces with oversized kitchen islands, the California room and conservatory room options. Residents at Cypress Village enjoy a resort-style lifestyle, complete with expansive amenities, shopping, abundant trails within walking distance and new schools within the most-heralded district in the region.”
Jasmine will include three modern, single-family detached-home designs ranging from approximately 1,627 to 1,804 square feet. Interior include three bedrooms, two-and-a-half baths and an optional loft in some models. Anticipated pricing is from the high $600,000s.
Laurel will include three contemporary single-family detached-home designs ranging from approximately 2,170 to 2,493 square feet. The homes will offer up to five bedrooms and four baths, along with tech space, a second-level bonus room or an optional office in certain models. Exteriors will feature classical, formal Spanish and French architectural themes. Anticipated pricing is from the high $800,000s.
All of the Irvine Pacific homes at Cypress Village are designed and built according to standards established by Build It Green, a non-profit organization in California that promotes healthy energy- and resource-efficient homes throughout the state. The homes will incorporate a wide range of materials, finishes, appliances and energy systems that exceed California building and energy-code requirements.
As GlobeSt.com reported in December 2013, a partnership between AMCAL Multi-Housing, the Irvine Community Land Trust and the City of Irvine is building Alegre Apartments, a new affordable-housing community for families and special-needs residents, within Cypress Village. Groundbreaking for project took place in December, and GlobeSt.com has learned it is expected to be completed by early 2015 with a total development cost of $42 million ($21 million for hard construction).