The New Home Company (NEW HOME) (NYSE: NWHM) Monday said it was introducing Morro, a collection of the largest, most high-end homes in the master-planned community of Eastwood Village in Irvine Ranch, Calif. A Grand Opening for three model homes is set for the weekend of August 12, 2017.
Morro will be comprised of 40 spacious single-family homes featuring contemporary architecture in a variety of floorplans by LCRA Architects. The residences range from 3,513 to 3,794 square feet of living space and up to five bedrooms and five and one-half baths. Architectural styles consist of Santa Barbara, Monterey and Spanish with three plans that include options for bonus rooms, wine storage and conservatory. Prices begin in the mid $1 millions.
“We’re pleased to present the most spacious homes in Eastwood Village, a community that has taken its place among the finest on the Irvine Ranch,” said Joan Marcus-Colvin, chief marketing officer for NEW HOME. “The homes at Morro are ideal for local move-up buyers and growing families whose children will attend nearby schools that are some of the finest in the nation. This is a neighborhood that will foster social connectivity and we look forward to showcasing all that Morro has to offer when we open on August 12.”
Morro is the latest addition to NEW HOME’s portfolio of new-home neighborhoods in Orange County.
This spring, it opened Lucca at Orchard Hills in Irvine, where it is currently selling 40 single-family residences with up to 4,862 square feet and up to seven bedrooms and six and one-half baths, with optional multi-generational suites and casitas available on select home sites. Lucca is priced from the high $1 millions.
Also by NEW HOME is Trevi, a collection of some of the largest homes within Orchard Hills. Trevi features residences with up to eight bedrooms and eight and one-half baths in up to 6,937 square feet of living space. Prices start in the low $2 millions.
NEW HOME is nearing the end of sales at Cressa in the popular North Irvine community of Portola Springs where only a select number of the 95 single-family homes remain available. The homes at Cressa range from 2,440 to 3,021 Square Feet with up to five bedrooms and five baths. Prices start in the low $1 millions.
In late 2017, NEW HOME will open three soon-to-be-named neighborhoods at Escencia at Rancho Mission Viejo. Each will be different. with one offering 79 two-story townhomes ranging from approximately 683 to 1,720 square feet, another featuring 72 paired homes with approximately 1,228 to 1,659 square feet and the third presenting 56 luxury single-family homes with single-level floorplans expected to range from about 2,950 to 3,575 square feet. Pricing has yet to be set for these three neighborhoods.
