Villages of Irvine Again Named Top-Selling Master Planned Community in the Western United States

Online, February 10, 2014 (Newswire.com) - Homebuyers continue to purchase new homes across the Villages of Irvine at a pace unmatched in the Western United States. For the second consecutive year, the Villages of Irvine - built by the Irvine Company's Community Development Company - was named the Top-Selling Master Planned Community in the Western United States by the Robert Charles Lesher Company.

"Homebuyers have made the Villages of Irvine the Top-Selling Master Planned Community in the West for two straight years because they appreciate the unparalleled quality of life enjoyed from decades of thoughtful planning," said Tom Veal, Vice President of Residential Sales and Marketing for Irvine Company Community Development.

He continued, "New homebuyers consistently tell us that Villages of Irvine homes are attractive because they are great homes built by renowned builders, with nearby access to acres of open space. Schools are planned within our neighborhoods, and our homes are close to employment and world-class shopping, dining and entertainment. Clearly the lifestyle experience across the Villages of Irvine continues to resonate with new homebuyers."

The large volume of new home sales - 1,444 - in 2013 across the Villages of Irvine marked the highest number in the Western United States, according to the 2013 National Top-Selling Master Planned Communities Survey by Robert Charles Lesser and Company (RCLCO).

"With master-planned communities performing at their strongest sales pace in five years, these communities continue to offer buyers a quality housing product and lifestyle they want to invest in," said Taylor Mammen, Community and Resort Advisory Group Principal for the Los Angeles office of RCLCO. "Irvine Ranch ranked number two across the country and first among communities in the West, and the community's success is a testament to the quality residential development delivering a diverse range of housing products and amenities that buyers are seeking in Southern California."

Strong demand for new homes in Irvine is depleting available inventory across the Villages of Irvine. Neighborhoods continue to sell out, and the entire Village of Laguna Altura - which opened less than three years ago - sold out of new home inventory this year. Additionally, the last new homes in the popular Village of Stonegate, which opened in May 2011, are expected to become available later this year.

Opportunities remain for new homebuyers across the Villages of Irvine.

Cypress Village offers new homeshoppers the next generation of innovative home designs by Irvine Pacific®. Cypress Village neighborhoods epitomize luxury, refinement and fresh living spaces that set a new benchmark for single-family homes. 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. Cypress Village's neighborhoods offer townhomes and single-family homes that range from approximately 1,122 to 2,592 square feet, and are priced from the mid $400,000s.

The Village of Stonegate is distinctive and charming, offering neighborhoods within inward-oriented enclaves that allow residents to take advantage of unmatched recreational amenities - including six Village parks and the nearby Jeffrey Open Space Trail.. Residents are within walking distance of Woodbury™ Town Center, and are also close to Cypress Village Shopping Center, Orchard Hills Village Center®, The Market Place and Irvine Spectrum Center®. The Village of Stonegate offers townhomes and single-family homes that range from approximately 1,503 to 4,011 square feet, and are priced from the high $500,000s.

The neighborhoods within the Village of Portola Springs® showcase beautiful new homes in Monterey, Spanish Colonial, Santa Barbara, Tuscan, Northern Italian and Provencal architectural styles. The Village of Portola Springsis just minutes from world-class entertainment, dining, shopping and employment, and offers homebuyers a natural, quiet community that provides a unique living experience that includes sweeping views of Loma Ridge and vast expanses of permanently protected open space. The Village of Portola Springs offers townhomes and single-family homes that range from approximately 1,355 to 3,235 square feet, and are priced from the low $500,000s.

The award-winning Village of Woodbury™ was inspired by classic American small towns and villages of the past. Residents can play, relax and socialize at The Commons, an incredible 30-acre central park in the heart of the village. The private recreation center has a clubhouse, multi-purpose rooms, fireplace and more. The last new neighborhood remaining at the Village of Woodbury, La Cresta, offers single-family homes that range from approximately 3,622 to 4,098 square feet, and are priced from the mid $1,000,000s.

For more information about these Villages of Irvine neighborhoods, visit www.VillagesofIrvine.com, or contact a Villages of Irvine New Home Consultant at (866) 627-6150.