Bloomberg: “Brandywine Homes Breaks Ground on Newbury, an Upscale Residential Community in Yorba Linda”
Mar. 14, 2016
YORBA LINDA, CA — 03/14/16 —Brandywine Homes recently broke ground on Newbury, a 8.38-acre community offering 15 estate homes on Highland Avenue in Yorba Linda. Grading is expected to begin in May 2016, with a grand opening slated for first quarter of 2017.
“What is exciting about Newbury is there is truly nothing else like it around,” said Dave Barisic, vice president of sales and marketing at Brandywine Homes, a pioneer of infill development in Southern California. “It is a luxury enclave of 15 estate homes in a rural Yorba Linda setting, set away from the hurries of everyday life. Newbury is adjacent to horse trails and many of the homes have spectacular city lights views.”
The five- and six-bedroom, six-bathroom homes, averaging 4,761 to 5,046 square feet, will be built on the site of an older single-family home. The two-story houses with attached four-car garages on pool-sized lots will have spacious floor plans, designer finishes, high-end appliances and optional wok kitchens and walk-in pantries. Prices will start from the high $1 millions.
Yorba Linda, an affluent suburb in Orange County, is the birthplace of former President Richard Nixon and home to hundreds of miles of equestrian, hiking and biking trails. Newbury is minutes from the 91 freeway and close to entertainment centers including Angel Stadium, Honda Center, Disneyland and Knott’s Berry Farm. Newbury is a short drive from Brea Mall, California State University, Fullerton and award-winning schools.
Newbury is Brandywine’s third community in Yorba Linda. Brandywine is currently selling homes at Covington, a 5.1-acre urban infill community with 51 luxury townhomes near Yorba Linda Boulevard and Blair Street, across from the Richard Nixon Presidential Library and Museum. Brandywine’s Provence, a 3.24-acre community with 28 single-family, three- and four-bedroom homes, is also located near the Richard Nixon Presidential Library and is slated to begin sales in April, 2016.
Brandywine is focusing on Yorba Linda, Barisic said, because of its “small town charm, award-winning schools and great shopping and restaurants.”
According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 15 single-family homes will generate $4.3 million in local income, $540,000 in taxes and other revenue for local governments and 59 local jobs.
About Brandywine Homes
Brandywine Homes is a residential homebuilder based in Irvine, Calif., that specializes in challenging infill development. Founded in 1994, the family-owned and operated company has built or developed almost 1,500 homes in 45 small- and mid-sized infill communities, revitalizing some of Southern California’s oldest and most established neighborhoods. Brandywine builds homes that respect and complement the heritage, values and architectural integrity of existing neighborhoods and the people who live there — making a positive contribution to the community.www.brandywine-homes.com. Social media: Facebook, Twitter, LinkedIn and Brandywine Blog.
