• High Quality Condominium & Townhome Project• Walking Distance To Old Town Temecula• Highest Rated School District in Riverside County• 7.08 Acres• No CFD• 735-1,500 SF Units
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITEOLD TOWN | TEMECULA, CA
1900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977 1
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
OFFERS DUE FRIDAY - MAY 9, 2014
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
N
OLD TOWN TEMECULA
WINCHESTERMURRIETA
Subject Property
Pujol S
t
TEMECULA
Ynez Rd
7.08 Acres
Future BridgeExpansion
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
21900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
EXEC
UTI
VE S
UM
MA
RY
Shearwater Creek is an approved, rough graded 140 unit condominium and townhome project near Old Town Temecula, CA. The property is located at the south end of Pujol St. and can be accessed from either the Hwy 79 South or Rancho California Rd. exits via the 15 FWY.
The site is walking distance from Old Town Temecula, a growing tourist location filled with restaurants, entertainment and shopping. The 7.08 acre property is approximately 1 mile from the largest casino in the State of California, Pechanga Resort & Casino and is near the master planned communities of Wolf Creek and Redhawk. There are 3 golf courses within 3 miles of the property and elementary, middle and high schools. The Temecula Valley School District is the highest rated school district in Riverside County.
The site is across the street from Murrieta Creek and provides easy access to the freeway. It is near other new developments including the Vineyards, a Class A, 274 unit apartment community built in 2010 which achieves among the highest rents in Temecula. The subject property is also adjacent to Altair, a 270 acre master plan in process for housing units (1,300 - 1,900), community trails, bike paths, parks and plazas. Altair is also being entitled by the seller of Shearwater Creek, Ambient Communities.
The project is a rare, large, rough graded, approved, infill site that can begin construction in 6-8 months. The site has an approved Tentative Tract Map (TM 36568), Condo Map and Mitigated Negative Declaration. There are few competing projects in the City of Temecula that can be delivered with affordable housing prices. Please see the enclosed Comps/Market Info. The estimated cost of ownership at Shearwater Creek will be competitive with rents at the Vineyards apartments next door.
3
OLD TOWN | TEMECULA, CA
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
W
Santiago Rd
Rancho California Rd
1st StPujol St
Future BridgeExpansion
Old Town Temecula
Altair Specific Plan In Process For Up To 1,900 Housing Units
DEL LUZ
Subject Property
4
OLD TOWN | TEMECULA, CA
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
SE
Rancho California Rd
Subject Property
Pechanga Parkway
Old Town Temecula
Morgan HillRedhawk
WolfcreekPaseo Del Sol
Bel Vista By Woodside
Temecula Valley Hospital
5
OLD TOWN | TEMECULA, CA
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
Pujol S
t
Old To
wn Fro
nt S
t
1st St
Subject Property
NW
Future BridgeExpansion
6
OLD TOWN | TEMECULA, CA
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
Subject Property
Pujol St1st St
Santiago Rd
Old Town Front St
W
Future BridgeExpansion
7
OLD TOWN | TEMECULA, CA
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
LOC
ATIO
N M
AP
771900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
DEL MARN
MURRIETA
TEMECULA
MENIFEE
PERRIS HEMET
CAMP PENDLETON
CORONA
SANTA ANA
HUNTINGTON BEACH
NEWPORT BEACH
LAGUNA BEACH
LAKE FOREST
MISSION VIEJO
CYPRESS
WILDOMAR
LAKE ELSINORE
Ynez Rd
Old Tow
n Front St
Pujol StCam
Estribo
Rancho California
Via
Sant
a Ro
sa
Subject Property
81900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
PRO
PERT
Y IN
FO Location: Shearwater Creek Is Located On Pujol Street Northeast Of Calle Cerillo In Temecula, CA
APN: 922-110-013 & 922-110-014
Acreage: 7.08 Acres - 20 DU/Acre
Site Characteristics: Vacant, Rough Graded Land On The Corner Of Pujol Street & Calle Cerillo
Jurisdiction: City of Temecula
Project Summary:
Unit Breakdown & Sizes:
140 Market Rate Townhomes & FlatsNo Affordable Units or Age Restricted Units Required
26 One Bedrooms - 735 SF (Includes 1 Garage Space)65 Two Bedrooms - 950 to 1,000 SF (Most Include 2 Garage Spaces. 8 Of These Units Include 1 Garage Space + 1 Designated Space)41 Three Bedrooms - 1,164 to 1,450 SF (Includes 2 Garage Spaces)8 Four Bedrooms - 1,500 SF (Includes 2 Garage Spaces)
Building Height: Max Height - 3 Stores/40’
Open Space Provided:
Parking:
Lot Coverage:
Tax Rate:
Private Balconies, Patios & Porches167,155 SF Common Open SpaceClubhouse/Exercise Building/Pool/California RoomEnhanced Pavers In Drive Aisles97 SF Private Open Space Per UnitTotal Open Space - 180,424 SF (58.5%) Garage Attached - 202 SpacesGarage Detached - 44 SpacesOpen - 70 SpacesTotal - 316 Spaces
Building Area - 52,905 SF (17.0%)Parking Area - 58,774 SF (19.0%)Landscape Area - 167,155 SF (54.0%)
1.04346% - No CFD+ $5,385 Annual Fixed Assessments For RCWD, EMWD, MWD, Fire & Lighting
CLICK HERE FOR THE FOLLOWING ITEMS:
2. CONDITIONS OF APPROVAL - DEVELOPMENT PLAN
4. CEQA INITIAL STUDY
5. MITIGATION MONITORING PROGRAM
6. PROPOSED MITIGATED NEGATIVE DECLARATION
1. PLANNING COMMISSION VIDEO
3. CONDITIONS OF APPROVAL - TENTATIVE TRACT MAP
7. PLAT MAP
91900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
UN
IT M
IX
101900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
REN
T VS
. OW
N
SHEARWATER CREEK (For Sale Product - Estimate) VINEYARDS AT OLD TOWN (Rental Product - Actual)Stacked Condos Est. Monthly Stacked UnitsPlan Base Price Price / SqFt Cost To Own Plan Low Rent High RentPlan 1 (1 Bd, 1 Ba) 725 SqFt $215,000 $297 $1,539 Riesling (1 Bd, 1 Ba) 747 SqFt $1,350 $1,640Plan 2 (2 Bd, 2 Ba) 950 SqFt $235,000 $247 $1,684 Chardonnay (2 Bd, 2 Ba) 1,000 SqFt $1,540 $1,775Plan 3 (2 Bd, 2 Ba) 1,000 SqFt $240,000 $240 $1,715 Merlot (2 Bd, 2 Ba) 1,134 SqFt $1,520 $1,745Plan 4 (3 Bd, 2 Ba) 1,164 SqFt $255,000 $219 $1,809 Bordeaux (2 Bd, 2 Ba) 1,167 SqFt $1,570 $1,795
Zinfandel (2 Bd, 2 Ba) 1,182 SqFt $1,655 $1,930Champagne (3 Bd, 2 Ba) 1,308 SqFt $1,820 $2,210Chianti (3 Bd, 2 Ba) 1,341 SqFt $1,800 $2,245
Townhomes Est. Monthly TownhomesPlan Base Price Price / SqFt Cost To Own Plan Low Rent High RentPlan 5 (3 Bd, 2.5 Ba) 1,450 SqFt $275,000 $190 $1,954 Pinot Grigio (2 Bd, 2.5 Ba) 1,505 SqFt $1,980 $2,215Plan 6 (4 Bd, 2.3 Ba) 1,500 SqFt $280,000 $187 $1,985 Shiraz (2 Bd, 2.5 Ba) 1,585 SqFt $2,285 $2,630
Cabernet (2 bd, 2 Ba) 1,939 SqFt $2,485 $2,720
BEL VISTA - WOODSIDE (For Sale Product - Actual)Tri-Plex Est. Monthly Item Bel VistaPlan Base Price Price / SqFt Cost To Own Down Payment 5.00%Plan 1 (2 Bd, 2 Ba) 1,128 SqFt $252,990 $224 $1,877 Interest Rate (30 yr.) 4.25%Plan 2 (3 Bd, 2.5 Ba) 1,523 SqFt $284,990 $187 $2,088 Property Taxes 1.20%Plan 3 (3 Bd, 2.5 Ba) 1,739 SqFt $303,990 $175 $2,217 HOA Est. (monthly) $245
Insurance (monthly) $50PMI 0.78%
$400.78%
COST OF OWNERSHIP ASSUMPTIONSShearwater Creek
5.00%4.25%1.15%$175
Unit Size
Unit Size Unit Size
Unit Size
Unit Size
$1,250
$1,450
$1,650
$1,850
$2,050
$2,250
$2,450
$2,650
$2,850
600 800 1,000 1,200 1,400 1,600 1,800 2,000
RENT VS. OWNERSHIP COST PER MONTH
$195,000
$215,000
$235,000
$255,000
$275,000
$295,000
$315,000
600 800 1,000 1,200 1,400 1,600 1,800 2,000
BASE PRICE COMPARISON
Bel Vista - Triplex Shearwater Creek - Stacked Units Shearwater Creek - Townhomes
1 BedroomStacked Units
2 BedroomStacked Units
3 BedroomStacked Units
Bel Vista - 2 bd, 2 ba carriage unit with attached tandem 2-car garage.Shearwater Creek - 3 bd, 2 ba unit with attached traditional 2-car garage.
SUMMA ARCHITECTSARCHITECT:
APPLICANT/ENGINEER:
GENERAL INFORMATION
7. GENERAL PLAN DESIGNATION: HIGH (H)
1. EXISTING ZONING:
2. PROPOSED ZONING: HIGH DENSITY RESIDENTIAL (H)
11. ADJACENT LAND USE:
4. NUMBER OF OPEN SPACE LOTS: 1
12. EARTHWORK QUANTITIES: CUT 45,000 CY FILL 18,000 CY
14. ALL UTILITIES SHALL BE UNDERGROUND:
GAS.....................SOUTHERN CALIFORNIA GAS COMPANYELECTRIC.............SOUTHERN CALIFORNIA EDISON
TELEPHONE..........VERIZON
CABLE T.V............ VERIZON
15. SCHOOLS: TEMECULA VALLEY UNIFIED SCHOOL DISTRICT
19. ALL DIMENSIONS SHOWN HEREON ARE APPROXIMATE
20. THE SUBDIVIDER RESERVES THE RIGHT TO FILE MULTIPLE FINAL MAPS
21. STREETS WILL BE CONSTRUCTED PER CITY STANDARDS
HIGH DENSITY RESIDENTIAL (H)
ASSESSORS PARCEL NUMBER
922-110-013 & 922-110-014
EXISTING EASEMENT NOTES
VACANT/MULTI-FAMILY RESIDENTIAL (R4)
OWNER/DEVELOPER:
DATE PREPARED: JANUARY 2014
3. NUMBER OF LOTS: 1
5. AVERAGE LOT SIZE: 299547 S.F.
6. MINIMUM LOT SIZE: 299547 S.F.
8. SPECIFIC PLAN DESIGNATION: N/A
9. EXISTING LAND USE: VACANT
10. PROPOSED LAND USE: MULTI FAMILY RESIDENTIAL
16. TEMECULA COMMUNITY SERVICE DISTRICT MAINTENANCE AREA: NONE
18. NO EXISTING TREES LARGER THAN 6" IN DIAMETER ON SITE
TRACT BOUNDARY
LEGEND
LOT NUMBER
GROSS AREA: 341974 SF 7.85 Ac.
NET AREA: 299547 SF 6.88 Ac.
WATER............RANCHO CALIFORNIA WATER DISTRICT
SEWER............EASTERN MUNICIPAL WATER DISTRICT
13.
5256 S. MISSION ROAD SUITE 306BONSALL, CA 92003(760) 724-1198
23. THIS MAP IS A CONDOMINIUM PROJECT AS DEFINED INSECTION 1350 OF THE STATE OF CALIFORNIA CIVIL CODE
22. ALL STREET LIGHTING SHALL CONFORM TO THE CITY OF TEMECULASTD. AND TO THE MT. PALOMAR LIGHTING ORDINANCE
17. TENTATIVE TRACT MAP INCLUDES THE ENTIRE CONTIGUOUSOWNERSHIP OF THE LAND DIVIDER.
SOURCE OF TOPOGRAPHYTOPOGRAPHY WAS COMPILEDFROM AERIAL MAPPING BY:TERRASCRIBE INC.DATE: APRIL 2013
C&S COMPANIES27450 YNEZ ROAD, SUITE 110-BTEMECULA, CA 92591TEL: (951) 694-4824
TEMECULA FOOTHILLS, LLCC/O AMBIENT COMMUNITIES2917 CANON STREETSAN DIEGO, CA 92106(619) 501-2849
LEGAL DESCRIPTION
A 60' WIDE PUBLIC STREET DEDICATED PER PARCEL MAP NO. 18254,P.M.B. 116/69-78, O.R.
A 15' WIDE EASEMENT TO SOUTHERN CALIFORNIA GAS COMPANY FOR PIPE LINES ANDINCIDENTAL PURPOSES PER DOCUMENT RECORDED JUNE 19, 1981 AS INSTRUMENTNO. 114969 IN THE OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORNIA.
A 30' WIDE EASEMENT TO SOUTHERN CALIFORNIA GAS COMPANY FOR PIPE LINES AND INCIDENTALPURPOSES PER DOCUMENT RECORDED MARCH 4, 1987 AS INSTRUMENT NO. 60307 IN THE OFFICIALRECORDS OF RIVERSIDE COUNTY, CALIFORNIA.
A 30' WIDE PUBLIC STREET DEDICATED PER PARCEL MAP NO. 8248,P.M.B. 32/16-18, O.R.
A 30' WIDE PUBLIC STREET PER PARCEL MAP OF THE TOWNOF TEMECULA, M.B. 15/726, O.R. S.D. CO.
A 30' WIDE PRIVATE EASEMENT FOR SEWER PIPE LINES AND INCIDENTAL PURPOSES PER DOCUMENTRECORDED NOVEMBER 12, 1987 AS INSTRUMENT NO. 324947 IN THE OFFICIAL RECORDS OF RIVERSIDECOUNTY, CALIFORNIA.
AN EASEMENT IN FAVOR OF EASTERN MUNICIPAL WATER DISTRICT FOR SEWER PIPE LINES AND INCIDENTALPURPOSES PER DOCUMENT RECORDED MAY 23, 1990 AS INSTRUMENT NOS. 188790 IN THE OFFICIALRECORDS OF RIVERSIDE COUNTY, CALIFORNIA.
EXISTING EASEMENT TO RANCHO CALIFORNIA WATER DISTRICT FOR PIPELINES, TOGETHER WITH INCIDENTALAPPURTANCES, CORRECTIONS AND STRUCTURE PURPOSES, RECORDED AUGUST 26, 1987 AS INSTRUMENTNO. 247006, OF OFFICIAL RECORDS PLOTTED HERIN.. ( TO BE VACATED PRIOR TO MAP RECORDATION )
AN EXISTING EASEMENT TO SOUTHERN CALIFORNIA EDISON COMPANY FOR UNDERGROUND ELECTRIC SUPPLYSYSTEMS AND COMMUNICATION SYSTEM PURPOSES, RECORDED MARCH 3, 1989 AS INSTRUMENT NO. 66851, OFOFFICIAL RECORDS. THE COMMON AREAS (EXCLUSIVE OF BUILDING SITES) OF LOT 7, BLOCK 33 OF THE TOWN OFTEMECULA AS RECORDED IN BOOK 15, PAGE 726 OF RECORDS IN THE OFFICE OF THE COUNTY RECORDER OFSAN DIEGO COUNTY. CANNOT BE PLOTTED.
PROPOSED EASEMENT NOTES
INDICATES AN EASEMENT FOR INGRESS AND EGRESS ALONG WITHINCIDENTAL PURPOSES TO TEMECULA WEST VILLAGE, LLC. TO BERESERVED ON THE FINAL MAP.
LOTS 6 AND 7 IN BLOCK 33 TOWN OF TEMECULA, AS SHOWN BY MAP ON FILE INBOOK 15 PAGE 726 OF MAPS, RECORDS OF SAN DIEGO COUNTY, CALIFORNIA
INDICATES AN UNRECORDED PRIVATE EASEMENT FOR ACCESSAND PUBLIC UTILITIES TO BE RESERVED ON THE FINAL MAP.
PERMANENT EASEMENT TO THE CITY OF TEMECULA FOR STREET IMPROVEMENTS, UTILITIES, AND LANDSCAPINGPURPOSES.
PROJECT AREA SUMMARY:
LOT 1: 299547 SF 6.88 Ac. LOT A: 35642 SF 0.82 Ac. (PUBLIC STREET)
EASEMENT "B": 946.67 SF 0.02 Ac.
RESTRICTED ACCESS
EASEMENT
PRIVATE EASEMENT FOR STORM DRAIN PURPOSES. TO BERESERVED ON THE FINAL MAP.
RIGHT-OF-WAY
CENTERLINE
24. LOT "A" TO BE DEDICATED TO THE CITY OF TEMECULA ONTHE FINAL MAP.
LOT B: 6785 SF 0.16 Ac. (OPEN SPACE)
PUBLIC ACCESS TO BE VACATED BUT ACCESS FOR UTILITYPURPOSES TO REMAIN.
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
12
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
131900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
CLICK HERE TO VIEW FULL LANDSCAPE PLANS
141900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
PARK RENDERING
REC CENTER RENDERING
151900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
COST
EST
IMAT
ES COST TO COMPLETE ESTIMATESHEARWATER CREEK, TEMECULA Units: Total Living SqFt: 145,264
Acreage: W. Avg. SqFt / Unit: 1,038Units / Acres:
DELIVERY OF A GRADED PAD DEVELOPMENT IMPACT FEES Amount Cost / UnitCity of TemeculaStreet System Improvements 183,226$ 1,309$ Traffic Signals & Traffic Control 25,935$ 185$
FEES AND ASSESSMENTS Amount Cost / Unit Corporate Facilities 38,076$ 272$ Entitlement - Agency Fees 4,000$ 29$ Police Facilities 66,923$ 478$ Final Engineering, Plan Check & Misc. Fees 125,330$ 895$ Fire Protection Facilities 41,688$ 298$ Permits and Inspections 147,318$ 1,052$ Park & Recreation Improvements 309,494$ 2,211$ TOTAL FEES AND ASSESSMENTS 276,648$ 1,976$ Open Space and Trails Development 90,210$ 644$
Libraries 82,433$ 589$ CONSTRUCTION ITEMS Amount Cost / Unit Art in Public Places 11,200$ 80$ Site Preparation and Grading 447,234$ 3,195$ Quimby Fee (Park Land Dedication) 473,113$ 3,379$ Public Street Improvements (Pujol Street) 207,669$ 1,483$ On-Site Improvements -$ -$ County of RiversideSanitary Sewer 79,040$ 565$ TUMF (Ord. 824) 872,340$ 6,231$ Water Improvements 178,435$ 1,275$ MSHCP (Ord. 810.2) 141,120$ 1,008$ Storm Drain 180,010$ 1,286$ K-Rat Mitigation (Ord. 663.10) 3,540$ 25$ Walls & Fencing -$ -$ Landscaping 130,617$ 933$ Temecula Valley Unified School DistrictUtilities 460,692$ 3,291$ School Fee (TVUSD) 464,845$ 3,320$ TOTAL CONSTRUCTION ITEMS 1,683,697$ 12,026$
Rancho California Water District3" Meter Install Deposit & Capacity Fee 14,947$ 107$ 2" Landscape Meter & Capacity Fee 9,422$ 67$ Fire Service Assessment 314$ 2$
Eastern Municipal Water DistrictSewer Financial Participation 327,342$ 2,338$ Sewer Treatment Capacity 667,233$ 4,766$ Water Supply Development Fee 40,050$ 286$ TOTAL DEVELOPMENT IMPACT FEES 3,863,451$ 27,596$
Costs from acquisition of the property with an approved Development Plan through the delivery of a graded pad with all offsites constructed.
1407.85
17.83March 20, 2014
161900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
17
OLD TOWN | TEMECULA, CA
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
CLICK HERE TO VIEW ALL ELEVATIONS & FLOOR PLANS
181900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
COM
PS/M
AKE
T IN
GO
A 102 unit townhome site recently closed escrow in Murrieta for $4,000,000. That 7.5 acre site is known as the Ridge at Cal Oaks and sold with a tentative map in place for 2,000 SF average units that are projected to sell for $310,000 – 350,000 at a 1.50% tax rate.
CLICK HERE TO VIEW THE BEL VISTA WEBSITE
BELVISTAWOODSIDE HOMES
$249,990$300,990
1,1281,739
$222$173
2-Mar-1250
0Triplex
210 177 33 TEMECULASTAND ALONE
2013/4
Development/Developer CurQtr Cum
Sales/Week Ranges
Price Sqft $/Sqft
SalesStart
Map/Page#
Lot Size
Concept Units
Total Total
Sold
CurQtr
Sold Unsold
Future Total Community
Master Plan OtrInventoryPhases
$252,990$303,990
$224$175
185
191900 Wright Place, Suite 200 | Carlsbad, CA 92008T: 760.929.9700 | F: 760.929.9977
MATT [email protected]
(760) 448-2458
PATRICK MILLER, [email protected]
(760) 929-9700
(760) 448-2442
OLD TOWN | TEMECULA, CA
CalBRE Lic# 00296599CalBRE Lic# 01323215CalBRE Lic# 01367183
SHEARWATER CREEK - AN APPROVED 140 UNIT ROUGH GRADED ATTACHED HOUSING SITE
GRADINGPLAN
ELEVATIONS/ FLOOR PLANS
COMPS/MARKET INFO
EXECUTIVE SUMMARY
AERIALS/MAPS
PROPERTYINFO
TM/SITE PLAN
LANDSCAPEPLAN MAP
PARK/RECCENTER
COSTESTIMATESHOME RENT VS.
OWN
DEM
OG
RAPH
ICS
REPO
RT
Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography page 1 of 3©2014, Sites USA, Chandler, Arizona, 480-491-1112
This
repo
rt w
as p
rodu
ced
usin
g da
ta fr
om p
rivat
e an
d go
vern
men
t sou
rces
dee
med
to b
e re
liabl
e. T
he in
form
atio
n he
rein
is p
rovi
ded
with
out r
epre
sent
atio
n or
war
rant
y.
GRAPHIC PROFILE2000-2010 Census, 2013 Estimates with 2018 ProjectionsCalculated using Proportional Block Groups
Lat/Lon: 33.4889/-117.1478RGRAP3
Pujol St1 mi radius 2 mi radius 3 mi radius
Temecula, CA 92590
PopulationEstimated Population (2013) 2,882 19,567 51,397Projected Population (2018) 2,994 20,328 53,397Census Population (2010) 2,759 18,732 49,202Census Population (2000) 2,670 16,233 39,454Projected Annual Growth (2013-2018) 112 0.8% 761 0.8% 1,999 0.8%Historical Annual Growth (2010-2013) 123 1.1% 835 4.4% 2,195 6.6%Historical Annual Growth (2000-2010) 89 0.3% 2,499 1.5% 9,749 2.5%
Estimated Population Density (2013) 918 psm 1,558 psm 1,819 psmTrade Area Size 3.1 sq mi 12.6 sq mi 28.3 sq mi
Race and Ethnicity (2013)Not Hispanic or Latino Population 2,026 70.3% 13,068 66.8% 37,031 72.0%White 1,640 81.0% 9,898 75.7% 28,385 76.7%Black or African American 84 4.2% 748 5.7% 1,882 5.1%American Indian or Alaska Native 22 1.1% 138 1.1% 339 0.9%Asian 201 9.9% 1,558 11.9% 4,444 12.0%Hawaiian or Pacific Islander 6 0.3% 90 0.7% 192 0.5%Other Race - - 1 - 24 0.1%Two or More Races 72 3.6% 634 4.9% 1,766 4.8%
Hispanic or Latino Population 856 29.7% 6,499 33.2% 14,367 28.0%White 433 50.5% 3,256 50.1% 7,649 53.2%Black or African American 5 0.6% 80 1.2% 210 1.5%American Indian or Alaska Native 11 1.3% 78 1.2% 195 1.4%Asian 9 1.1% 57 0.9% 147 1.0%Hispanic Hawaiian or Pacific Islander 1 0.1% 12 0.2% 29 0.2%Other Race 321 37.5% 2,515 38.7% 4,903 34.1%Two or More Races 76 8.9% 502 7.7% 1,234 8.6%
Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography page 2 of 3©2014, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
GRAPHIC PROFILE2000-2010 Census, 2013 Estimates with 2018 ProjectionsCalculated using Proportional Block Groups
Lat/Lon: 33.4889/-117.1478RGRAP3
Pujol St1 mi radius 2 mi radius 3 mi radius
Temecula, CA 92590
Age Distribution (2008)Age Under 5 Years 170 5.9% 1,431 7.3% 3,550 6.9%
Age 5 to 9 Years 176 6.1% 1,343 6.9% 3,808 7.4%
Age 10 to 14 Years 204 7.1% 1,427 7.3% 4,207 8.2%
Age 15 to 19 Years 235 8.1% 1,468 7.5% 4,082 7.9%
Age 20 to 24 Years 263 9.1% 2,048 10.5% 4,158 8.1%
Age 25 to 29 Years 204 7.1% 1,736 8.9% 3,630 7.1%
Age 30 to 34 Years 159 5.5% 1,312 6.7% 3,275 6.4%
Age 35 to 39 Years 151 5.2% 1,189 6.1% 3,421 6.7%
Age 40 to 44 Years 199 6.9% 1,263 6.5% 3,724 7.2%
Age 45 to 49 Years 234 8.1% 1,403 7.2% 3,958 7.7%
Age 50 to 54 Years 231 8.0% 1,416 7.2% 3,747 7.3%
Age 55 to 59 Years 201 7.0% 1,167 6.0% 3,030 5.9%
Age 60 to 64 Years 133 4.6% 772 3.9% 2,112 4.1%
Age 65 to 69 Years 115 4.0% 532 2.7% 1,522 3.0%
Age 70 to 74 Years 80 2.8% 380 1.9% 1,189 2.3%
Age 75 to 79 Years 62 2.2% 299 1.5% 889 1.7%
Age 80 to 84 Years 35 1.2% 212 1.1% 623 1.2%
Age 85 Years or Over 29 1.0% 168 0.9% 472 0.9%
Median Age 36.8 32.0 33.5
Generation (2013)Generation 9/11 Millennials (Age Under 10 Years) 346 12.0% 2,775 14.2% 7,358 14.3%
Gen Y to Echo Boomers (Age 10 to 29 Years) 905 31.4% 6,679 34.1% 16,077 31.3%
Gen Xers (Age 30 to 49 Years) 743 25.8% 5,167 26.4% 14,378 28.0%
Baby Boomers (Age 50 to 69 Years) 681 23.6% 3,888 19.9% 10,411 20.3%
Silent Generation (Age 70 to 79 Years) 143 5.0% 679 3.5% 2,078 4.0%
G.I. Generation (Age 80 Years or Over) 64 2.2% 380 1.9% 1,095 2.1%