MBK ANSWERS SLOWING HOUSING MARKET WITH CONTINUED GROWTH
MBK Sees Current Real Estate Market as Opportunity For Continued Growth
IRVINE, CA - In today's housing market, many builders are rethinking their strategies in developing new properties. For Irvine-based MBK Homes Southern California, the opportunity to continue growing has allowed the company to expand dramatically. By the end of 2007, MBK Homes will have nine new home communities in the Southland, including Tremont, a 97-unit townhome development located in one of Orange County's most desirable master-planned communities.
Tucked away in the master-planned community of Serrano Heights in Orange, Tremont presents a quaint and peaceful gated new home neighborhood within a private hillside enclave. Exteriors showcase classic Spanish architectural styles with charming front porches while interiors are bright and thoughtfully appointed with large kitchens, comfortable family rooms or morning rooms and striking master suites. With prices starting in the mid-$500,000s, each two-story townhome will range in size from 1,613 to 1,740 square feet.
"Careful attention and planning goes into every MBK community, resulting in luxuriously appointed homes with the finest in architectural styling. Located in quality areas, these neighborhoods feature excellent shopping and entertainment centers, employment opportunities, and first-rate school districts," said Rick Fletcher, vice president of sales and marketing for MBK Homes. "Tremont is a prime example of MBK's commitment to excellence and with only a few homes left, it will certainly be a haven for the lucky buyers who seize the opportunity to be a part of this great community."
Owned by Mitsui & Co. Ltd., one of the world's largest corporations, MBK is known industry-wide for its quality-crafted homes of exceptional value for first-time and move-up homebuyers throughout California. As one of the world's most respected companies, Mitsui ensures that each of its affiliates employs the same high standards that have made it a world leader.
"From location and design, to craftsmanship and affordability, each MBK Home offers the utmost value for your home-buying dollar," said Fletcher. "Additionally, MBK and our affiliates focus on providing their customers with the best possible new home buying experience."
In addition to Tremont, MBK has homes throughout Southern California that are currently available for purchase, including Somervale, a collection of 30 detached two-story single-family homes nestled behind private gates with their own private park in Riverside County. With easy access to the 91freeway, local parks and an elementary school, Somervale features three well-designed floorplans ranging in size from approximately 1,627 to 1,957 square feet.
Starting in the low $400,000s, Somervale homes are designed to enhance both indoor and outdoor living, featuring a distinct mix of architectural styles including Cottage, Spanish, Bungalow and Traditional as well as three to four bedrooms and two-and-a-half baths.
In Corona, buyers can view Rivermist and Foxborough. Starting in the high $500,000s, Rivermist is a community of beautifully crafted homes in Spanish, Italian, and Cottage architectural styles featuring approximately 2,657 to 3,925 square feet.
The spacious Rivermist homes offer large family rooms, gourmet kitchens, up to six bedrooms, three to three-and-a-half bathrooms, and three to four car garages, including flexible spaces that allow for super family rooms or home offices.
The elegant homes of Foxborough combine Spanish, Italian and cottage architecture with approximately 4,055 to 4,745 square feet. Priced in the $700,000s, Foxborough's spacious floorplans highlight the homes' large family rooms, gourmet kitchens, up to six bedrooms, four-and-a-half baths, and three to four car garages, making the homes an unmatched value in the Corona area.
With models already open, Medallion, located within Beaumont's premier master-planned community of Fairway Canyon, feature 118 single-family homes. Priced in the low $400,000s, Medallion's four diverse floorplans offer three to six bedrooms, two-and-a-half to three baths, and approximately 2,206 to 2,773 square feet. Many homes at Medallion offer beautiful views of the PGA of Southern California Golf Club at Oak Valley.
The recently opened Eton, a limited collection of 44 single-family homes located within Chino's highly anticipated masterplanned community, College Park, showcases three distinct one and two-story floorplans with up to five bedrooms, four-and-a-half baths, and three to four-bay garages. Ranging in size from 3,964 to 4,670 square feet at priced at the low $800,000s, Eton features Spanish, Craftsman and Farm House inspired architecture enhanced by stone and brick veneer, siding, shingle and wrought iron details.
Opened in April, Celamonte is a collection of 119 townhomes located within Chino Hills' popular masterplanned community, Butterfield Ranch, is priced in the $400,000s. The two and three-story Spanish-inspired villas will range in size from 1,042 to 1,535 square feet and feature two to three bedrooms, private balconies, two to three-and-a-half baths, and two-car attached garages.
Debuting in May is Greenbrier, a luxurious collection of single family homes in Yorba Linda which will feature five spacious floor plans with Spanish, Craftsman, Italian, Monterey and Traditional exterior detailing. Priced from approximately $1,000,000, these unique two-story homes will range in size from approximately 2,684 to 3,288 square feet and include up to five bedrooms, four-and-a-half baths, three-bay garages and a wealth of room options to personalize each home.
In nearby Whittier, MBK has unveiled Ravello, a collection of 114 townhomes in July 2007. Ravello will display classic Spanish, Colonial and Craftsman architecture, and feature three to four bedrooms and two-and-a-half to four bathrooms. With five unique floor plans, each home will range in size from approximately 1,644 to 1,838 square feet. Ravello will also feature a gated community pool for residents' use.
"We know that buying a home is one of the biggest investments an individual or family will ever make," said Fletcher. "We put a premium on developing high-quality homes in great neighborhoods where they can experience years of lasting enjoyment."
MBK Homes Southern California builds residential neighborhoods in Los Angeles, Orange, Riverside and San Bernardino counties. For more information, please contact MBK Homes Southern California at 1-888-MBKTODAY or visit the company's website at www.mbkhomes.com.