Landsea Homes has managed to bring attainable housing to the market in Orange County, despite steep development hurdles and construction costs. The developer’s new Copperleaf at IronRidge single-family community has home prices starting in the mid-$500,000 range in Orange County. The community features 107 new single-family homes. Affordable homes are in high demand throughout Southern California as housing prices have continued to climb and demand outpaces supply.

“Copperleaf was an opportunity for us to implement the latest design trends that reflect modern living and incorporate feedback received from current homeowners and through our market research, all while creating a home at a price attainable for Orange County,” Tom Baine, president of the Southern California division of Landsea Homes, tells GlobeSt.com. “Affordability is such an important topic across our region, and we are pleased and proud to provide this new neighborhood within our gated master-planned community of IronRidge.”

The housing shortage has generated strong demand for housing in general, but especially in this price range. Houses in Orange County have an average price tag of $700,000. “Orange County continues to experience a substantial shortage of housing and rising mortgage rates—although still low when compared to historical rates—have impacted homebuyers’ buying power,” says Baine. “With median-priced homes in the area selling in the $700,000 range, Copperleaf offers moderately priced homes from the low-$500,000’s in a market where there is a lack of attainable options for many first-time buyers.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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