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.
