New Townhomes on the Horizon
As Orange County becomes increasingly developed, homebuilders are always looking for what are called “infill sites,” parcels of land that have been left undeveloped or where a previous use can be cleared away. Brandywine Homes, Irvine, specializes in infill projects and has just found a rare site – in the fully developed community of Rancho Santa Margarita.
The four-acre site, near the 241 Toll Road at Avenida de las Banderas, was formerly the location of Morasha, a Jewish day school which recently closed its doors.
On that site, Brandywine plans to build 66 townhomes in 11 buildings. At 1,644 to 2,100 square feet, the two- and three-story townhomes will be larger than typical townhomes, approaching the size of detached homes.
The $31 million development will be called Bungalows and townhomes are expected to be priced from the low $400,000s to the mid-$500,000s. Construction is scheduled to begin in early 2012 with models available by next summer.